Contrary to the media hype of the Real Estate Bubble Bursting; Crawford and Sebastian Counties have seen a 24% increase in New Construction sales for the month of January! How's that for a bubble burst? It's a burst of great news! News that the River Valley is a great place to purchase a new home.
January 2006 the median selling price of a new construction home was $137,535 with an average of 93 days on the market. January 2007 has shown and increase in the median selling price to $154,148, and an average of 107 days on the market.
Several markets in Arkansas have a reputation for being "Hot Markets". The River Valley has proven that it is a very "Consistent Market". There are increases in property value and an increase in new subdivisions within the area. All of which are strong indicators that the River Valley Market is growing on a consistent basis.
You want to know the "dirt" about the River Valley? Call me, I know exactly where to find it! Remember, "To Buy or Sell'um, Call Ray Nellum!"
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