Cabot Ar Real Estate Blog

Home Just Outside of Cabot Arkansas With 1 Acre

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 17 Jul 2008 01:37:26 -0500

This well kept home is located just outside of Cabot Arkansas! It sets on just under one acre and is listed for $114,900. It is in the Cabot school district and was built in 2005. There are not many homes on one acre in this price range, it is a must see! To view more information about this home or other Cabot homes, click on the link.

You Can View Cabot Arkansas Real Estate Updates at Cabot4sale.com

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Mon, 31 Mar 2008 20:32:44 -0500

Just a quick note to let residents and anyone who may care about the Cabot housing market; you can now view up to date market reports for the area. I give monthly updates on the home page of my Cabot real estate website. These reports list the number of homes sold in the area and how this year compares to the previous two years.

I also blog about the Cabot Arkansas real estatemarket daily on my website blog. There are in-depth reports about different neighborhoods and price ranges in the Cabot area.

If you have any ideas about market reports for me to write about leave a comment on this blog or the blog on my website.

Good day

I was in Cabot When I Hit a Tree

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Tue, 18 Mar 2008 22:03:17 -0500

A couple of Weeks ago I was with my business partner on highway 5 in Cabot looking for land. We have a client we a working for that wants ten acres of land close to the Cabot area. It was raining that day, no it was pouring that day. I was driving and we were talking about business and such and suddenly something went wrong.

The back end of my car started hydroplaning toward the ditch! That means the front end of my car began heading towards on coming traffic. There were other cars coming so I turned the wheel in the other direction. When I did that all hell broke loose. In the blink of an eye we went off the road into the ditch and the back passenger side of my car slammed against some trees. The impact spun us around and the car stopped. Luckily I was not injured and I looked over to my business partner and he was leaned back and said he thought he broke something in his shoulder.

The ambulance came and took us to the hospital. My partner did break something in his shoulder, but it could have been much worse. It is incredible how fast life can change. I consider myself lucky and feel that I had someone above that was watching out for us. Here are some pictures of the car:

If someone had been in the back seat I think they would have died. I thank God everyday that we are still both alive.

Good day

The Right Price range to Be in When Selling a Home in Cabot Arkansas

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Sat, 01 Mar 2008 19:57:52 -0600

With the negative media on the real estate market, home selling has become tough. In Cabot there are price ranges that are good to be in right now when selling your home. Some price ranges are tough to sell a home in right now. I wanted to give the statistics of homes that have sold in Cabot Arkansas in the past six months.

Here are the stats for Cabot homes sold in the past six months:

100K and below 82 Cabot area homes sold

100-150K 175 Cabot area homes sold

150-200K 72 Cabot area homes sold

200K-250K 30 Cabot area homes sold

250-300K 9 Cabot area homes sold

300-350K 5 Cabot area homes sold

350K and up 3 Cabot area homes sold

These statistics include homes outside of Cabot, but still in the Cabot school district. As you can see if the home you are trying to sell is priced over 200K it may be somewhat difficult to sell it. The fact is that there just are not very many homes being sold in that price range right now.

You will be able to see up to date Cabot real estate market reports on my home page. You can also view tips on selling a home in Cabot Arkansas. These tips are free and do not require you to leave any contact information to view them.

If your home is on the market right now and is not selling you may want to talk to someone about the market to figure out why it is not selling. Feel free to contact me through my website to ask for help to find out why your home is not selling.

My next few posts will focus on what you can do to help sell your Cabot home.

Good day

Cabot Residents Should Vote On Proposed Millage Rate Increase

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Wed, 27 Feb 2008 23:05:04 -0600

In Dec. the Cabot school board voted to propose a millage increase for Cabot. The increase is intended to raise approx. 22.8 million from property taxes in Cabot. With the state of Arkansas expected to match the revenue with 50 million dollars.

What will the increase in Taxes do for the school district?

1. Renovating High School Science Wing

2. Adding a Junior High Science addition

3. Reconstruction at Junior high school north

4. Additional classrooms at Westside Elementary

5. Repairs to the roof at Eastside Elementary

6.A charter school facility

7. A new elementary school

8. Many other things I do not feel like listing. For the complete list go to this link.

Being in the profession that I am in, I realize that a lot of people move to Cabot for the schools. I feel that it is important to keep the schools up to date to help Cabot continue to grow. Yea, the increase will be more on us home owners, but I think money to help improve our schools is well spent.

If you would like an idea of what the increase will do to your property taxes, go to my website and email me. I will try to give you an idea of what the increase will cost you annually.

How ever you feel about this proposition it is important to vote. That is what makes America great.

Good day

Talks of widening Highway 89 in Cabot

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Sun, 24 Feb 2008 15:56:25 -0600

A recent article was posted that spoke about how officials were trying to relieve some of Cabot's traffic congestion problems. The main thing that stuck out to me in the article was widening 89 and adding turning lanes to the road. The article stated that Highway 89 in Cabot was identified as the third most congested street in Central Arkansas.

To view the article go to this link.

Good day

203 Spence Located Just outside of Cabot Arkansas

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Mon, 18 Feb 2008 11:25:26 -0600

Anyone looking for homes in Cabot Arkansas or the surrounding areas should see this home. It is located outside of Cabot in Austin Arkansas. The home is out away from town far enough to have a country feel to it, but close enough for easy access to shopping and recreation.

The home Features:

* 1762 Square Feet

* 1 acre of Land

* In-ground Swimming Pool

* Large Shop in the back

* Fenced-in Back yard

* Carpeted Pool house with running water

To view more pictures and information on 203 Spence and other homes in the Cabot Arkansas area, visit the number one site for Cabot homes for sale. Click on the link.

Good day

Arkansas Tornado Aftermath

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Mon, 11 Feb 2008 22:52:31 -0600

Me and my wife took a trip this weekend and we had to pass through Clinton Arkansas. On Feb. 5, Clinton Arkansas took a direct hit from a tornado. We did not want to stop and take pictures of peoples shattered lives, but we took some as we drove by on the highway. They are pretty Eye opening considering that this is only about an hour and a half away from Cabot Arkansas where I live. I think these pictures are an very real example of how powerful mother nature can be.

To donate to the victims of this tornado and view more pictures go to the Clinton Arkansas website.

Crye-Leike Realtors Leads Central Arkansas Sales In January of 2008

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Tue, 05 Feb 2008 20:34:00 -0600

Reports from the Central Arkansas Multiple Listing Service shows that Crye-Leike Realtors leads Cenrtal Arkansas in number of transaction and sales volume for the month of January.

These are statistics for brokerages located in central Arkansas. Crye-Leike has several office branches throughout Central Arkansas, but they are listed under the same brokerage except the franchised offices.

Here are the top five ranking brokerages and their numbers for January.

1. Crye-Leike units sold 192.5 Sales Volume $28,072,833

2. Janet Jones Company units sold 40 Sales Volume $13,463,400

3. Coldwell Banker Advantage units sold 94 Sales Volume $12,485,650

4. Keller Williams Realty LR Branch units sold 41 Sales Volume $8,721,470

5.Mckimmey Associates Realtors NLR units sold 39 Sales Volume $8,162,818

Hopefully the rest of the year will continue to be prosperous for Crye-Leike Realtors in Central Arkansas. IF you would like to view any homes listed in central Arkansas, click on the link.

Good Day

Home Sale Forecasts from the NAR

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Tue, 29 Jan 2008 19:05:16 -0600

The National Association of Realtors has released a forecast for home sales into 2009. They predict that home sales will still be down during the first quarter of 2008. It is predicted that homes sales will be approx. 6 million units in the first quarter of 2008.

The second quarter of 2008 is predicted to be better than the first. The NAR predicts that home sales will pick up the second quarter to approx. 6.25 million units. Then the third and the fourth quarter will be better than the second. The NAR has the last two quarters of 2008 forecast at 6.5 million home sales.

It seems like towards the end of this year the housing market should pick up. For market reports about the Cabot Arkansas area, click on the link. I give in-depth market reports for the area about different price ranges. Check it out if you are interested in Cabot Arkansas real estate.

Good day

Real Estate Foreclosure Capital

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Mon, 28 Jan 2008 18:13:24 -0600

Today I just seen a clip on Yahoo that spoke about the foreclosure capital of the America. The article said that Stockton Cal. was the capital. It mentioned that at one time a couple of years ago Stockton Cal. was one of the hot-spots in America for real estate. Home values were booming and then the bottom fell off in 2006.

They were interviewing a real estate agent in the area that said 2 out of every 3 homes that were listed were foreclosures or distressed sales. That is incredible! I can not imagine that in Cabot. Right now there are foreclosures in Cabot, but no where near that many.

Right now there are not very many homes listed on the mls that are in foreclosure right now. For a list of homes in foreclosure visit my Cabot Arkansas real estatewebsite. Just click the link.

Good day

The Richest Counties in the United States

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Fri, 25 Jan 2008 21:17:37 -0600

This post does not have anything to do with Cabot Arkansas real estate, since it is focusing on the richest counties in the United States. Before I read the article I some how knew that Lonoke county was not in the top twenty.

The article focused on the median income of each county and what one million dollars will buy. Here is the top five counties.

1. Fairfax County, Va.

Median income: $100,318

1 million will get you a five bedroom three and a half bath home with 4,252 feet

2. Loudoun County, Va.

Median income: $99,371

1 million will get you a four bedroom four and a half bath home with 2,604 feet

3. Howard County, Md.

Median income: $94,260

1 million will get you four bedroom three and a half bath home on 2 acres it does dot list the square footage

4. Hunterdon Country, N.J.

Median income: $93,297

1 million will get you a nice five bedroom four and a half bedroom home square footage is not listed

5. Douglas County, Colo.

Median income: $92,125

1 million will get you a six bedroom four and a half bath home with 6,444 square feet

This is just a quick look at the article. To see the homes listed and the rest of the counties just click on this link.

How the National Coverage Can Effect the Cabot Arkansas Real Estate Market

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 24 Jan 2008 14:56:54 -0600

By now we have all heard the news about the real estate market, and now the news about the overall economy. Everyone says a recession is near and the economy does not look good. I graduated college with a minor in economics and I have a little knowledge of what is going on. My opinion is that the national economy is not doing well right now. I do not know enough about it to say I think we are headed for a recession, but I do know that the Cabot Arkansas real estate market is not doing as bad as other markets in the nation. I am not trying to sound like a used car salesman either. I have done research and seen that there has been a slow down in the Cabot Arkansas real estate market, but nothing like the rest of the nation.

The good news for Cabot home buyers and investors is that interest rates are much lower than they were 6 months ago. There are great rates out there and the federal Reserve is expected to cut rates by another quarter point next week. People can make money in this so called "down market". You have to know the local real estate market or know some one who can tell you about the market.

If you know what price ranges are hot and what home styles will sell then you can make money in down markets. If you would like to see cabot arkansas homes for sale, just click on the link. If you need to talk to someone about making money in this market just send me an email through the above link.

Good day

How to Help Cabot Arkansas Homes Sell in a Slower Market

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Sat, 19 Jan 2008 20:07:55 -0600

There was a recent article posted by Yahoo. It highlighted ways to help your home in a down market. Even though I would not consider the Cabot Arkansas home market a down market, there were some interesting tips that may help some Cabot home sellers.

1. Try to look like your neighbors

Not physically, but your home should be similar to what other homes in the neighborhood look like. You do not want your home to be the largest home on the block or the nicest. Why? When pulling comparables in the neighborhood (which is what agents and appraisers do) it will be hard to get the added values if your home is much more extravagant. If your home is larger it may be hard to get the same price per square foot as the other homes on the block.

2. Keep up the maintenance

Remember to do the odd jobs that need to be done around the home. Such as: pressure washing, fixing any broken boards in the fence, repainting, etc. Buyers want to see a home that does not have alot of problems.

3. Try to Stay Energy Efficient

Try to be sure you home is as energy efficient as possible. Make sure that your windows are insulated and there is good weather stripping around doors. This is always a positive thing to say when you are trying to sell. You may try to look in the attic and see how much insulation there is. Some loans require a certain amount of insulation to be in the attic. Another cheap way to be energy efficient is to replace the light bulbs in the house. Buyers like to hear that a home is energy efficient. This translates into less money paid for utilities for them and less for you until you sell.

If you would like to view Cabot Arkansas homes for sell, just click on the link.

Good day

Stable Home Sales are expected in 2008

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 17 Jan 2008 20:17:42 -0600

The National Association of Realtors released an article about expected home sales in 2008. The article says that home sales are expected to stay steady through 2008 and pick up in 2009. The article states that home sales in the middle of the county are expected to offset the declines in some of the previous hot spots. There are wide variations of housing markets throughout the country. Nearly two thirds of metropolitan areas are showing home increasing home values.

I have always said that the Cabot real estate market has remained steady. There has been a decrease in homes sold, but nothing dramatic. You can view in-depth Cabot Arkansas real estate market reports on my other blog. It is located on the home page of my Cabot Arkansas real estate site. Just click the link.

Good Day

Orchard Estates in Austin Just Outside of Cabot Arkansas

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Tue, 15 Jan 2008 19:53:46 -0600

Orchard Estates is a subdivision located just outside of Cabot with homes ranging from 99K to 125k. Many people like Orchard Estate because it is close to Cabot and new homes can be bought for around a 100k. Austin is approximately 2.6 miles from Cabot Arkansas. There is also easy access to highway 67/167. Homes in this subdivision are selling well due to the price. Here are some pictures of what Orchard estates looks like.

As you can see there are some very nice homes in Orchard Estates and there are a lot of new homes being built. If you are interested in any homes in Orchard Estates or the Cabot Arkansas area click on the link and send me an email of what you are interested in.

Good Day

Why Use A Cabot Arkansas Real Estate Agent

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Sat, 12 Jan 2008 18:31:12 -0600

I wanted to write a quick post of the advantages of using a Cabot Real Estate agent. I have wrote a few posts in the past, but I always have more to say on the topic.

1. A Cabot real estate agent can help you determine your buying power.

Generally and agent can help refer you to good lenders that they work with on a regular basis. They should be able to make sure that you get the best rate possible. An agent can also be sure that your lender get things done in a timely manner. There is nothing worse than delaying a closing because the lender is not ready.

2. A Cabot Real Estate Agent can help provide information about the area

This is especially helpful if you are not familiar with the area. An agent can tell you about schools shopping and other information. I have a page on my website that has tons of relocation information about the Cabot area. Here is the link, Cabot Arkansas information.

3. A Cabot Real estate agent can effectively market your property.

This is true for individual home owners and builders also. A good agent should be a professional marketer. They should have several of ways to bring buyers into your home. The best story to get my point across has to do with fishing. An individual or a builder may have a couple of things they are doing to get their home exposed to people. They have one or two fishing lines in the water. A good agent should have several ways of gaining exposure for that home. A good agent should have several lines in the water. The more lines that you have in the water, the more fish you will catch as long as you are using the right bait.

If you are using a real estate agent, don't be afraid to ask what they are using to expose your property. They should have several methods they use to gain exposure to your home. If you have any questions about what fishing lines I have out in the water for your home, visit my Cabot Arkansas website and send me an email. I will tell you in depth, my strategies and how they work.

Good Day

My next post is going to feature a beutiful subdivision near Cabot, Orchard Estates

Very Nice Cabot Arkansas Home

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 10 Jan 2008 20:54:48 -0600

This home was built in 2004. It has over 2000 square feet and is priced to sell. It is located close to Stagecoach elementary in Cabot Arkansas. The majority of the lights in the home have a dimming feature and the master bathroom is large with a jacuzzi tub. All of the utilities are public and the home is located in Cabot city limits. It is a 3 bedroom, 2 bathroom home with the fouth bedroom converted into a media room. You have to see this one. 41 Krooked Kreek:

To view more pictures and information on 41 Krooked Kreek or any other Cabot Arkansas homes, just click on the link.

Good Day

Greystone Development Cabot Arkansas

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Sat, 05 Jan 2008 20:31:59 -0600

The Greystone development in Cabot Arkansas in one of the areas premier subdivisions. There are several homes and lots available in different price ranges and styles. There are more than 1,850 acres with rolling hills and lush landscape. There are several ponds and over 36 fairways within the development. Lots start at $25,000 and homes range from $145,000 and up.

If you have any questions or would like info about Cabot Arkansas homes, click on the link and email us.

Good Day

When Buying Cabot Arkansas Homes ask for a pre-qualification letter

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 03 Jan 2008 18:51:53 -0600

I have a Cabot home buyer that has been under contract for the past three weeks. She came to me and said that she was already pre-approved for a loan. It was a lender that I was unfamiliar with, so I asked for his number. I called the lender and he said that the loan will go through and everything is fine.

That was three weeks ago, today we found out that she would not be able to get the loan. The lender just found that out today. So now we are trying to scramble to get her a loan so she can buy this home for sale in Cabot.

Lesson to be learned:

When beginning the home buying process be sure to get a pre-qualification letter, not a pre-approval letter. What is the difference?

Pre-approval

This is based on information that you have given the lender verbally. It is subject to change based on other conditions. Most of the conditions have to do with the paper work and forms they have to do.

Pre-qualification

This letter states that you have the loan. The paper work is done and the bank and you know that you are locked in for the loan. A pre-qualification letter is only good for a specific time period, be sure to ask your lender how long it is good for.

For more Cabot Arkansas real estate tips and advice click on the link.

Good Day

Cabot Arkansas Real Estate Update; December

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Wed, 02 Jan 2008 12:16:44 -0600

I try to post a monthly Cabot Arkansas real estate update. I focus on the amount of homes sold for the month compared to the amount of homes sold in the same month a year before. Here is a quick view of the Cabot Arkansas real estate market for December 2007.

There were 35 homes sold in the Cabot Arkansas school district in December of 2007. This includes mobile homes. This report dos not include lots, vacant land, and commercial property.

In December of 2006 there were 73 homes sold.

That is a substantial decrease from a year ago. Property values are not dropping dramatically in Cabot Arkansas, but time on the market is.

If you would like an annual update for 2007 visit my Cabot Arkansas real estate website. Your will find an annual update on the home page.

Good Day

Foreclosures in Cabot Arkansas

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Tue, 18 Dec 2007 18:33:10 -0600

With the sub-prime melt down there have been tons of foreclosures in Cabotand Jacksonville Arkansas. I get calls from people all of the time interested in them. Many people do not know the process and how foreclosures differ from a normal real estate transaction. There are only a few differences from the ones that I have dealt with and here they are.

Paper work, Paper work

Once an offer is accepted the bank asks for the buyer to sign multiple documents called addendum's. These basically cover the banks tail, saying that they do not have any knowledge of the condition of the home and the buyer is aware the purchase is considered "as is". Way more paper work to sign than a regular contract.

Won't fix it even if it is broke

You are purchasing the property "as is", normally you do not get a repair allowance. I have done a couple where repairs were included in a total amount the buyer would get at closing. In a normal Cabot real estate transaction the buyers and sellers agree to a $500 repair limit. This is saying the sellers will pay up-to $500 fro the buyers to repair anything wrong with the home.

Time is on their side

When a property is bank owned, the bank does not get in a hurry. When a buyer submits the initial offer they are asked to write the expiration for several days from when it is wrote. In a normal contract the expiration is about 24 to 48 hours. During that week the bank can receive another offer and then tell all parties to resubmit their best offer.

Once everything is done with the addendum's and the inspection do not expect to close in less than three weeks or more realistically a month or longer. Banks have a lot of things going and a $100,000 is not their biggest priority.

These are not the only differences, but these are the major ones that I have seen buyers notice the most. If you have any questions, visit my website and send me an email. I will help you anyway I can.

Good Day

Is Mold a Problem in Cabot Arkansas Homes?

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Fri, 14 Dec 2007 09:31:29 -0600

There are hundreds of different types of molds. Only a hand full of them are poisonous. When selling a home I have to have buyers sign a mold disclaimer. This pretty much states that I have no knowledge of any mold in the home.

Mold can be serious and it is always a good idea to have it inspected. I am not suggesting to have a mold inspection in the home no matter what, I would just recommend that if you see mold in the home to have it checked out.

A home inspector will not check for mold. You need to hire a mold inspector if you find mold in the home. With the moist climate in Arkansas mold is common and is always something that should be checked out if seen.

If you need any help with the purchase of your home do not hesitate to contact me or visit my Cabot real estate site

Good Day,

Cabot Arkansas and the holidays

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Thu, 06 Dec 2007 17:36:50 -0600

It is the time of year when people hove other things on their mind then buying a home. Family is coming to town or you are going out of town to see them. Presents still need to be found and bought. There is also food planning. Everyone wants something special to eat during the holidays. On top of all that the daylight is shorter and the days are colder.

Nobody in Cabot or anywhere wants to drive around neighborhood to neighborhood to look at homes. Many Cabot Realtors do not know how to make your life more simple. There is a listing notifier tool that Cabot Realtors can use and help make your life simple.

You tell me what type of home you are interested in. It does not have to be in Cabot it can be anywhere in the area, and I will fill out the criteria. Anytime something comes up that meets that criteria you will be notified. They normally have twelve pictures with them and all the information about the home. It also will have directions on how to get to the home. Let me know if you are interested in something like this.

How can you let me know? Just click on the Cabot Arkansas Real Estate link and fill out the listing notifier and I will get you set up.

Good Day

Great Cabot Arkansas Home at a Great Price! 19 Aleatha Cove

Charles Haverfield Visit me at Cabot4sale.com (CRYE-LEIKE Realtors) — Mon, 19 Nov 2007 09:47:05 -0600

This Beautiful Cabot AR home is just right for any home buyer looking for real estate in Cabot!

Features:

3 Bedrooms

2 Bathrooms

1275 Square Feet

Workshop with electricity

Separate Laundry Room

Large walk in closet for the master suite

New cabinets in the kitchen

Custom built deck in the backyard

The home was built in 1996

Priced at $112,500!

This home is located on the south-side of Cabot Arkansas. There is an elementary school within a couple of miles and a grocery store right around the corner. The home sits at the end of a cul de sac and has been landscaped perfectly for its next owner. At this price it will not stay around for long.

Call or email me today for a private showing. You can also visit my Cabot real estate website, just click the link.