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ARA: Home sales increase 16 percent

ARA: Home sales increase 16 percent

LITTLE ROCK, Ark. - The Arkansas REALTORS® Association  announced that September home sales were 10.28 percent higher than September 2010 while the average price of a home in Arkansas increased by less than 1 percent.  For the quarter (July - September), home sales increased 16 percent with the average price of a home in Arkansas decreasing almost 4 percent.

"As the Arkansas REALTORS® Association has been predicting, Arkansas home sales continue to be quite strong," said Amy Glover Bryant, Director of Communications for the Association.  "In the third quarter, Arkansas REALTORS® sold a total of 6,671 homes versus 5,719 in the third quarter of 2010.  Average prices during that time period were $143,944 compared to the third quarter of 2010 when the average price of a home in Arkansas was $149,430.  Affordability and strong mortgage rates are certainly helping to drive this year's improved numbers.  We do exp

Independence County, Arkansas

Independence County, Arkansas

 

  Located on the beautiful White River, Batesville is a warm and friendly community with lots to offer its citizens. Batesville is listed in The 100 Best Small Towns in America by Norman Crampton, a nationwide guide to the best in small town living in America, published by the Macmillan General Reference Division of Macmillan Prentice Hall. The Independence County Recycling Program won the Arkansas Community Development Award, and Batesville was selected as Arkansas Volunteer Community of the Year because of extensive and effective volunteer programs. Batesville is located in north central Arkansas 90 miles north of the thriving metropolis of Little Rock.

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HUD grants $769K for job training

HUD grants $769K for job training

Grants to 18 Arkansas public housing authorities are part of nearly $60 million HUD awarded nationwide

LITTLE ROCK – The U.S.

Housing market sees positive numbers

(KTHV) -- Both the numbers of houses sold and the median price for sales grew in the Little Rock/North Little Rock market from June 2010 to June 2011.

But nationally, the numbers aren't as promising. The National Association of Realtors says home sales fell 0.8 percent last month to a seasonally adjusted annual rate of 4.77 million homes. Economists say that's far below the 6 million homes per year that must be sold to sustain a healthy housing market.

"It's just a beautiful place to live. Little Rock is a wonderful place. We have a lot of stuff to do. It keeps growing," says Joel Tvedten, owner of River Rock Realty.

Arkansas housing market 'something of a roller-coaster'

Arkansas housing market 'something of a roller-coaster'

The Arkansas REALTORS Association reported today that the average price of homes in Arkansas showed an increase of 2 percent to $138,819 over the same period last year and a 1 percent increase in the average price of homes sold for the  month.  While home sales experienced a 15 percent drop in the number of units sold versus March of 2010, units sold during the first quarter as a whole were down 6 percent buoyed by January numbers that were significantly improved over 2010.  The monthly report covers a 42 county area, including some of Arkansas largest metropolitan areas.

The full report, along with reports from 2010 and 2009, can be found on the Arkansas REALTORS® Association website at http://www.arkansasrealtors.com/news-events/housing-market-reports.

“These reports reflect that Arkansas h