This is a must see for anyone looking in the Cabot area for a great starter home. This home was built in 2008. Here are some more quick details:

Sqft: 1506

Bedrooms: 3

Bathrooms: 2

Fully fenced backyard

Visit my website to view this home and any other Cabot Arkansas Homes! Click on the link

This is a continuation of my last post. I wrote about the number of active homes for sale in the Cabot Arkansas area. The supply of homes listed on the market has dwindled down, there are 26% less homes listed on the market then were a year ago. Homes sales for 2009 are higher in the Cabot area then last year. So why am I listing all these numbers? We need sellers in the Cabot area.

I am in the process of posting several posts of sellers that are needed because of limited competition. Here is a perfect example. Homes on 1 acre or more of land under 130K. There are currently only 16 detached homes on 1 acre or more for under 130K listed in the Cabot area. A good majority of buyers I work with request a home with some land. Some buyers I work with are not opposed to land and hardly any buyers I work with absolutely do not want land. People like a little room from home to home. They like to be able to have their own space.

I can say with confidence that if your home is nice and meets the criterea listed above it should sell within a reasonable time. Feel free to visit www.cabot4ssale.com to ask a question or request a market analysis.

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I recently wrote a post on my Cabot real estate website blog about the number of active homes for sale in the Cabot Arkansas area. The inventory has shrunk substantially. Currently there are only 240 homes listed within Cabot city limits. That number includes mobile homes. If you only include detached residential homes, there are 229 homes listed inside of Cabot city limits per the MLS.

In the Cabot area that includes Cabot, Austin, Ward, & surrounding rural areas there are a total of 377 homes listed in the area. That is not very many homes listed on the market. In October of last year I did a report about the number of active homes listed in the Cabot Arkansas area and there were 509. That means in one year the number of listings on the market in the Cabot area has fell 26%.

What does that mean for someone considering selling? Less Competition! My next few posts are going to focus on some areas in Cabot that do not have many homes for sale and highlight different homes and price ranges that are selling. Stay tuned.

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Currently the $8,000 tax credit for first time home buyers is set to expire Dec.1. That means anyone on the fence about buying their first home in the Cabot area may think seriously about what they are going to do.

There have been talks of possibly extending the tax credit, but nothing has been confirmed. If you are condsidering buying in the Cabot area, feel free to view homes at www.cabot4sale.com.

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With the Little Rock Air Force Base being within 15 miles from Cabot, we get several Overseas  and out of state buyers. In fact we have had so many over the years that we have prepared special services we offer to our overseas and out of state buyers. As far as what we know, no other agents in the Cabot area offer special services to overseas and out of state buyers.

Please feel free to contact us at www.cabot4sale.com to discuss what we can do for you. Be sure to leave your phone number with your Country calling code if International or email address and we will contact you to discuss the services we offer.

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The Arkansas Realtors Association posts monthly reports about the Pulaski County real estate market. Most of the time their reports run a couple of months behind, but are very informative. Currently on their website they have an April report available.

I end up only using the Pulaski county report to write about the Little Rock real estate market. The April report shows that Pulaski County was down 5.43% from April of last year in total home sales. The state of Arkansas was down 10.42% in total home sales compared to last year's April.

The Little Rock real estate market is down compared to last year, but fortunately not down as much as other major cities and areas. If you are interested in browsing Little Rock Homes for sale, feel free to click on the link.

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I feel very fortunate the Cabot Arkansas real estate market is not down as much as other parts of the nation. Sure it has slowed down some, but luckily it is not dead. I have had some buyers in the past couple of month that decided not to buy because of the economy. They said that all of the news made them change their minds. There financing was good, but they just got scared with the news about the economy.

Is that wrong? I don't think so. Nobody know what is in store for the national economy. If people feel unsure about buying a home, they shouldn't do it. Home ownership does have more costs associated with it then renting. So for those who are unsure about buying because of the economy, don't do it!

However for those who do feel comfortable buying a home, now is a great time. There are some great foreclosure and short sale deals available in Cabot right now. If you feel comfortable with you financial situation you can buy a home in today's market and move in with instant equity.

Shortly I will write a post about how to find good deals on foreclosed homes in the Cabot area. It is not any scam or way for you to buy home for pennies on the dollar. It is a tool that will allow you to be notified instantly when a foreclosure comes onto the market.

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It is no secret that the economy is down. Homes prices are down also. Luckily prices of Cabot homes are not down as much as other areas. People are losing jobs and prices of goods are going up. Is there any good news from all of this? Of course there is, interest rates are low. The federal reserve tends to lower interest rates when the economy is stagnet. The intent is to encourage people to buy and get loans.

What does that mean to you if you already own a home in Cabot or Central Arkansas? Now is a great time to refinance your home. My wife and I bought our home just over a year ago and locked in a 30 year interst rate of 6.575%. At the time that was a good rate. We were able to refinance to a 20 year loan at 4.75%. We knocked off 10 years of our payment and raised our payment $12 a month. When you think about it, that is incredible.

In five years we will have way more equity then we did if we would have kept the loan at a 30 year note. If you are thinking of refinancing now could be the best time to do it. If you plan on staying in your home long enough after you refinance to justify it. That is something to discuss with your lender.

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Anyone that has tried to sell their home before has heard tips on how to get it sold. Curb appeal and staging are what a lot of Realtors focus on when explaining to sellers how to get their home ready to sell. In this article you will learn the best tips for selling your home in this real estate market.

Tip #1 Don't sell your home unless you have to. Now is a terrible time to decide you would like to sell and see how much you can get for your home. If you want to move, try to rent your home out and buy a new one. Unfortunately there are many people who have no option but to sell. Here are tips to help you if selling is the only option.

Tip #2 Price your home right. Sure this is something that agents always tell people in every market. Now you have to price it right. When you are considering your price be sure to factor in the foreclosures in the neighborhood. Price it so if you have to come off of your price some you can. No body expects to pay full price in this market.

Tip #3 Don't let low-ball offers offend you. Almost all buyers now are bargain hunters. If you get a real low offer don't get mad and reject it. Counter the offer and begin the negotiations. Just because you get a low offer don't think you have to take it.

            Tip #4 If you have a buyer, keep them. Buyers now days are hard to come by. If you have one that makes an offer and you are close, bite the bullet and make it work. If you are in disagreement with a buyer over $1500 on the price, suck it up. There may not be another buyer for six months. Sure $1500 is a lot of money, but think of how much more money you will spend if you have to pay your mortgage for six more months.

It's no secret, now is not a good time for the housing market. If you follow these tips when you have to sell your home, it will help. To view more tips about buying and selling homes, visit my website that is targeted towards homes in little rock Arkansas.

It has been a while since I last posted something on here. I have been spending a lot of time writing on my website blog. I just wanted to quickly mention that there is a new website I have been working on that will focus on homes in Little Rock. If you are interested in searching for active homes or foreclosures visit our site.

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