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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

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.

ARA: Housing numbers down due to severe weather

ARA: Housing numbers down due to severe weather

LITTLE ROCK, Ark. - The Arkansas REALTORS Association released its April 2011 Housing Report this morning.  The report shows the number of homes sold in the 42 county area covered by the report were down 23 percent compared to the same month last year and that average prices for the month were down two percent.   Director of Communications for the Association, Amy Glover Bryant, attributes the decrease to the record amount of rainfall and severe weather the state experienced throughout the month of April and to the ending of the first time home buyer's tax credit.  “As we anticipated the 13 days of rain and severe weather Arkansas experience

Homebuying deals offered on foreclosures

Homebuying deals offered on foreclosures

SEARCY, Ark. - The "Good Neighbor Next Door" is geared to encourage teachers, law enforcement officers, firefighters and emergency medical technicians to buy homes. If you meet the professional requirements, please contact your local REALTOR for information on forclosures. Check out  the link below for related information.

http://bit.ly/cZ3qSU