Yes, many homes are selling fast when they hit the market here in Little Rock, but a lot of homes are taking much longer to sell. This gap between those that are selling fast and the slow sellers has expanded in this market. The residential market has become a competition of price and condition t
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06/24/2009
In these reports we have been looking at the Absorption rate on home sales by area. Today I looked at how sales were doing by price range. The most active price range is below $300,000. First Time Buyer Tax Credit, FHA and VA loan limits contribute to making these price ranges sell well. Within
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06/12/2009
This monthly report has been tracking the home sales trends in the most active areas of Little Rock, North Little Rock and Maumelle. Each month it looks at the number of sold properties in the past 6 months and using that sales rate to see how many months it would take to sale all the listed home
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06/05/2009
Homes continue to take less time to sale in the most active areas of Little Rock. At the end of February the sales rate to sale all homes on the market was 8.5 months and an average market time of 126 days. At the end of April these numbers have gone down to 7.7 months and a average market time o
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05/08/2009
The number of homes selling per month in the Little Rock area increase from the end of February to the end of March in most areas, but the number of listings on the market also increased. So for sellers it remains a very competitive market. The areas with the most expensive properties tend to
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04/06/2009
108 Orleans, Maumelle, Arkansas • 1,823 sq. ft., 2 bath, 3 bdrm single story - MLS® $189,000 - REDUCED FOR QUIICK SALE Country Club of Arkansas, Maumelle - PRICED BELOW APPRAISAL! Quiet Country Club of Arkansas neighborhood. Very open floor plan. Extensive crown moldings throughout. Three bedro
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06/10/2008
New listing in Walton Heights • 1,800 sq. ft., 2 bath, 3 bdrm single story "Traditional" - MLS® $174,900 Walton Heights, Little Rock - Fabulous one level home. Gorgeous designer colors throughout. Updated flooring and beautiful tile countertops. Relax in the hot tub on the deck overlooking the
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05/22/2008
• 3,155 sq. ft., 4 bdrm 2 story "Soft contemporary" - MLS® $295,000 - Great Saint Charles Value Saint Charles, Little Rock - Saint Charles Addition home with lots of glass and flare. Court yard welcomes you to this spacious home with 2 story entry and living room with fireplace. Family room ,wh
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05/22/2008
Finally, we get a good news report on Little Rock area growth and the real estate market. I was pleased to be a part of KTHV Channel 11's positive news story last night on the growth of investments in Little Rock. It pointed out how much development is going on and that the growth seem to be cont
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05/20/2008
The spring pollen is going strong here in Little Rock, Arkansas, but it seems to have caused the buyers to come out too. April sales activity strong. It has really been busy since tax season has been over. Just this week, we are working with multiple buyers who are finding homes they want to make
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04/23/2008