Northwest Arkansas Home Prices and Real Estate Market Report – August 2009
September 23rd, 2009 categories: Market Conditions
Now that I’ve finally gotten around to putting together the report for August it’s nearly time for the September report. No worries though. I wasn’t putting it off due to terrible information or some statistic taking a nose dive, I’ve just been busy. Enough excuses. Things are still looking very promising overall as we go into the slow months. Here is the Northwest Arkansas Residential Home Prices and Real Estate Market Report for August 2009… Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – July 2009
August 3rd, 2009 categories: Market Conditions
It’s hard to believe but the average price of a home sold in July in Northwest Arkansas was $178,103. That’s up 29.5% from it’s low only 5 months ago! After three months of sustained positive growth in home prices, absorption rates coming back into line, and strong pending sales I’d have to say Northwest Arkansas is recovering from it’s milder-than-the-national-average housing crisis. Read the rest of this entry »
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News Alert from 40/29 News – New Home Sales and Home Prices up in Northwest Arkansas
June 9th, 2009 categories: New Construction, News and Events
40/29 News just did a feature story on new home sales activity and a rise in home prices in Northwest Arkansas. If you were waiting for ‘bottom’ to buy or refinance you may have already missed it. But it’s not too late! Check out this video from 40/20 News featuring our own Executive Broker, Larry Robison, talking about new home sales. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – April 2009
May 4th, 2009 categories: Market Conditions
April Buyers bring May closings! If last month’s Northwest Arkansas Home Prices and Market Report was uplifting…this month’s Market Report should have you singing in the rain. While prices in Northwest Arkansas are nowhere near their highs of several years ago, there is a definite bullish trend in prices, absorption rates, and pending and closed inventory that should make buyers get out and ‘get while the gettin’s still good.’ National buyer confidence for house is trending upward and the trend supports the numbers in this month’s Residential Real Estate Market Report for Northwest Arkansas. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – March 2009
April 6th, 2009 categories: Market Conditions
Finally ladies and gentlemen…some decent news! As spring thaws out the ground, trees, and home buyers of Northwest Arkansas, we are beginning to see a change in the trend of absorption rates, sale prices, and number of homes going under contract. Check out this month’s uplifting and hopeful Residential Real Estate Market Report for Northwest Arkansas. Read the rest of this entry »
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Get Ready for Northwest Arkansas’ Spring Housing Boom!
March 23rd, 2009 categories: Home Owner Tips, Market Conditions
It’s officially spring and it looks like a combination of lower mortgage rates, the spring surge, inventories, home prices, and government intervention are about to create a perfect storm for a swarm of selling and buying of property in Northwest Arkansas. Read the rest of this entry »
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Precision Without Accuracy | Why Housing Statistics can be Just Plain Wrong
March 13th, 2009 categories: Market Conditions
The news loves to quote housing statistics just about everyday. It seems the housing market is the ultimate Doom and Gloom story that just keeps going. I think it is important to understand that while those numbers may be precise in most respects, homeowners should know they are not necessarily accurate. Crazy you say? I’ll be happy to explain why, using our local northwest Arkansas market statistics as an example that I am sure works across most of the country. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – February 2009
March 4th, 2009 categories: Market Conditions
February saw the ratification of the stimulus package by President Obama and a deepening of the recession with the national unemployment rate rising to 7.6% in January, up from 7.2% in December of 2008. Arkansas’ unemployment stood at 5.7% in December 2008. These factors, along with the continuing housing market issues caused sales prices in northwest Arkansas to drop in February. Read below for a detailed analysis of home prices in Northwest Arkansas. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – January 2009
February 16th, 2009 categories: Market Conditions
Much happened in January, a presidential inauguration, a tough economy, a slow realization by the American public that we’re not quite out of the woods yet. As the coldest of winter slides behind us so to does the worst of housing crisis, or so we hope. Foreclosures made up a fair percentage of property sales in January as evidenced by the numbers. Below is the January 2009 Northwest Arkansas home prices and market report from EXITrealestate540.com, Bon Appetito. Read the rest of this entry »
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Northwest Arkansas Housing Market Report for 2008
January 12th, 2009 categories: Market Conditions
2008. What a year! A lot has happened in the housing market and around the world. While most areas continue to suffer, the Northwest Arkansas Housing Market has fared better than the rest in terms of home values, sales, and foreclosure rates. Whether you are buying a home, selling your home, or you just want to know what the market is doing - this is downright informative stuff. Read the rest of this entry »
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