cabot arkansas real estate: Active Homes for Sale in Cabot Arkansas, We need Sellers! - 11/02/09 08:19 AM
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 … (0 comments)

cabot arkansas real estate: You Can View Cabot Arkansas Real Estate Updates at - 03/31/08 01:32 PM
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 … (2 comments)

cabot arkansas real estate: Real Estate Foreclosure Capital - 01/28/08 10:13 AM
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, … (1 comments)

cabot arkansas real estate: The Richest Counties in the United States - 01/25/08 01:17 PM
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 … (1 comments)

cabot arkansas real estate: How the National Coverage Can Effect the Cabot Arkansas Real Estate Market - 01/24/08 06:56 AM
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 … (0 comments)

cabot arkansas real estate: When Buying Cabot Arkansas Homes ask for a pre-qualification letter - 01/03/08 10:51 AM
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 … (0 comments)

cabot arkansas real estate: Cabot Arkansas Real Estate Update; December - 01/02/08 04:16 AM
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 … (0 comments)

cabot arkansas real estate: Foreclosures in Cabot Arkansas - 12/18/07 10:33 AM
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 … (0 comments)

cabot arkansas real estate: Is Mold a Problem in Cabot Arkansas Homes? - 12/14/07 01:31 AM
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 … (1 comments)

cabot arkansas real estate: Update on the Cabot Real Estate Market - 11/02/07 03:07 AM
There is no getting around it, the real estate market in Cabot Arkansas is slowing down. I try to post something every month telling consumers about the local real estate market. For the last couple of months I have seen subtle signs of a slow down, but tried to remain optimistic. This month I have looked at the numbers and they do not lie.
It has been consistent for the past four months now. The real estate market has been dwindling down. In the month of October there were 54 homes sold. That number is down substantially from last year when there … (0 comments)

cabot arkansas real estate: Should You Buy a Cabot AR Homes In This Market? - 09/10/07 07:29 AM
National statistics are down and economist do not see a change for a while. The predictions are that the housing decline has just begun. The question is, should you buy a house with all of this going on? The answer is somewhat complex and something you and your family should think about. Let me explain.
I have been writing in this blog for the past couple of months and I have tried to show statistics and state my professional opinion about how the Cabot Arkansas housing market is doing. I still feel the same as I did a couple of months ago. The … (0 comments)

cabot arkansas real estate: Cabot Arkansas Homes For Under $100,000 - 08/10/07 04:48 AM
The days of being able to find a nice 3 bedroom home in Cabot AR for under $100,000 will be coming to an end in a few years. Right now the homes located in Cabot for under $100,000 are selling quick.
Here is a Cabot AR home for $80,000. Great Shape and ready to move in. The Sellers are a married couple that loves to take care of homes and restore natural beauty. A good example is the hardwood floors that are in the master bedroom. They are original hardwood floors that the owners restored & refinished.
The house sits on 2 1/2 lots, … (1 comments)

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Charles Haverfield

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