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arkansas: Nearly 80% of Americans Still Believe Buying a Home Makes Good Financial Sense
- 10/15/10 04:37 AM
Nearly Eight in 10 Americans Still Believe Buying a Home Makes Good Financial Sense
RISMEDIA, October 15, 2010-Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That's according to the 2010 National Housing Pulse Survey, an annual report released by the National Association of Realtors. The survey, which measures how affordable housing issues affect consumers, also found job security concerns to be the highest in eight years of sampling, with 70% of Americans saying that job layoffs and unemployment are a big problem in their area; … (1 comments)
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arkansas: Arkansas home sales down in August
- 09/30/10 04:08 AM
Arkansas home sales down in August
Posted on 28 September 2010
Arkansas News Bureau
LITTLE ROCK - Homes sales in Arkansas were nearly 15 percent lower in August than the same month a year ago, the Arkansas Realtors Association reported today.
Lawrence Yun, chief economist for the National Association of Realtors, said the housing market in Arkansas is still adjusting to the end of the home buyer tax credit.
"The housing market is trying to recover on its own power without the home buyer tax credit," Yun said in a news release. "Despite very attractive affordability conditions, a housing market … (0 comments)
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arkansas: Local EXIT Agents Giving Back
- 09/29/10 03:55 AM
"Local EXIT Agents Giving Back" Agents Donate Time & Knowledge to Community
Pine Bluff, Arkansas (Grassroots Newswire) September 29, 2010 -- Floretta Scott represented EXIT Realty Deaton Group-Pine Bluff as a volunteer at a new home under construction by Habitat for Humanity. Floretta has clocked 8 hours over the past two Saturdays working on the home.
In addition to the actual construction project for Habitat for Humanity, Floretta Scott, Kanekalon Kindle, Hosetta Holmes and Joyce King provided breakfast for the family and the volunteer workers on Saturday, Sept. 25th. This home is located on the corner of 8th and Gum.
"Thanks to Floretta for bringing this effort to the forefront," … (0 comments)
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arkansas: 10 Market Facts for Uncertain Times (Simple Version)
- 09/28/10 03:09 PM
10 Market Facts for Uncertain Times
NAR September 2010
Although the economy is soft and consumer confidence remains low, new data from the National Association of REALTORS® shows positive signs for the future. To help interpret current economic data and address clients' concerns, here are 10 key facts to understand about today's market.
1. The economy is growing, though slowly.2. The private sector is finally creating some jobs.3. Consumer confidence remains low, though clearly off bottom.4. The 30-year mortgage rate is at generational lows.
5. The national median-home price is stabilizing.6. Other home-price measurements also are showing price stabilization.7. Home price-to-income … (3 comments)
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arkansas: Interest Rates Drop Again! As low as 3.625%!
- 09/28/10 04:37 AM
Mortgage Rates 09 28 2010 … (1 comments)
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arkansas: 10 Market Facts for Uncertain Times (PowerPoint Slides)
- 09/28/10 03:35 AM
NAR Market Facts September 2010
… (2 comments)
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arkansas: Hey, You! Yes, you can buy a home!
- 09/28/10 02:22 AM
Hey, You! Yes, you can buy a home!
Mis-Reporting Again......
Mortgage financing and the fate of the housing market reporting has created many doubts in the consumer's mind on whether they can acquire a mortgage in today's market and move forward with the American dream of Home ownership.
The reality is YES, you can buy a home today, and there are many reasons why you should buy instead of rent.
Please watch the attached video to hear some of the FACTS on mortgage financing because in today's market you can't afford to make your most important financial decision based on … (3 comments)
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arkansas: Moving Tips and Tools
- 09/23/10 07:40 AM
Moving Tips and Tools from Move Advocate
Move Advocate program description Packing Guide First Night Survival Guide Time to Browse? There are a ton of resources available for you and your family on the Move Advocate website.
Take a few minutes and browse the materials available for download and past newsletters on our website.Previous topics include:
3 Things a "Rogue" Mover Won't Tell You How to Avoid an Expensive and Stressful MoveTop Moving Tips for Consumers The Basics of Moving and Taxation
… (0 comments)
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arkansas: 4 Tips for Setting the Right Sales Price
- 09/21/10 02:21 AM
4 Tips for Setting the Right Sales Price
Sellers think their homes are worth more than their real estate professional recommends, and buyers think these same homes are worth less. It’s a difficult disconnect that makes selling properties a challenge. Successfully marketing a home requires that the price be set carefully -- or it will languish on the market.
Among the considerations:
1. How many homes are for sale in the neighborhood? The more homes on the market, the more important it is to list at the lower end of the scale. "I want buyers to ask why is this … (4 comments)
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arkansas: Home Buying and Selling Tips for Fall
- 09/20/10 05:26 AM
Home Buying and Selling Tips for Fall
HGTV's real estate site Front Door says the weeks between now and the end-of-the year holidays are the best ones to find a bargain. Here are some of their tips for fall buyers and sellers:Fall Sellers:· Replace faded summer plants with fall-blooming flowers and add autumn decorations to the home.· Expect low-ball offers and be prepared with higher counter offers.· Freshen up listing photos by shooting pictures that make it less obvious that the seasons have changed.· Price the home to sell. A price that is a little lower than the competition may be … (0 comments)
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arkansas: Buyer activity is HOT!
- 09/18/10 12:50 PM
Buyer activity is HOT!
With interest rates low, inventory high, and motivated sellers with good prices, the buyers are hitting the market this month.
3 of my listings are now under contract this week! Wow, the buyers showed up out of nowhere. 2 of these homes had been on the market a while, but all had gone through recent price reductions.
That's right, once the price was lowered to represent a decent value to the buyer....BAM!
40% of my active residential listings went under contract this week.
Are the buyers finally responding to this Perfect Storm? Why a Perfect Storm? See previous blog about … (0 comments)
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arkansas: Price Reductions on the Rise
- 09/17/10 09:21 AM
Number of Price Reductions Rise in Some Cities
Price reductions on properties for sale have increased for the third consecutive month to 26 percent, according to statistics provided by Trulia.com.While home sellers in some cities cut prices aggressively, those in 24 of the 50 cities tracked by Trulia held steady."We're seeing gradual improvement in many U.S. cities - several for consecutive months," said Pete Flint, CEO of Trulia. "What this shows us is that while we're in for a long climb to bring stability back to the housing market and while it's going to take time, that climb appears to … (0 comments)
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arkansas: Real Estate Pros Are Fourth in Car Crashes
- 09/16/10 11:14 AM
Real Estate Pros Are Fourth in Car Crashes
A recent article in New York Newsday based upon information from www.insure.com and Quality Planning Corp. rank realty agents fourth on a list of top 10 vehicle crashers by profession, and experts attribute their high number of accidents to the fact that they are always on the road and frequently talk on the phone while they drive. The November 2009 study reports an average 102 accidents and 39 speeding tickets per 1,000 real estate brokers on an annual basis.
Wow, only #4. Who are the others driving, texting, eating, and taking notes while … (1 comments)
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arkansas: 10 Reasons to Buy a Home
- 09/16/10 10:04 AM
10 Reasons to Buy a Home
Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn't changed. Why is now a great time to buy? Here are 10 reasons:1. You can get a good deal. Prices are down 30 percent on average. They're at a level that makes sense for people's income.
2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate … (2 comments)
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arkansas: Going GREEN Return on Investment
- 09/16/10 09:32 AM
Going GREEN Return on Investment
Green and Save.com has a handy table to determine the return on investment (ROI) of many energy saving features a homeowner can add. Energy efficient improvements are organized into several categories including Green Tune-Up, Green Remodeling and Green Advanced Systems. Some common green add-ons and their ROI at a glance:CFL Light Bulbs - Added cost of $60 saving $80 annually with an ROI of 133.3% over 10 years
Programmable Thermostat - Added cost of $115 saving $180 annually with an ROI of 156.5% over 10 years
Hot Water Heater 'Blanket' - Added cost of $25, saving $30 annually with an ROI of 120% over 10 … (1 comments)
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arkansas: US homes lost to foreclosure up 25 pct on year, but there are other solutions
- 09/16/10 02:04 AM
US homes lost to foreclosure up 25 pct on year but there are other solutions. Talk to your REALTOR first!
Alex Veiga, AP Real Estate Writer, On Thursday September 16, 2010, 12:04 am EDT
US home repossessions spike in August to highest level since start of mortgage crisis
LOS ANGELES (AP) -- Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the seventh month in a row, foreclosure listing firm RealtyTrac … (0 comments)
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arkansas: Check out Jing - Screen Capture Made Easy
- 09/12/10 01:34 PM
… (4 comments)
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arkansas: To Dream the American Dream
- 09/09/10 03:21 AM
To Dream the American Dream, a FREE webinar session from EXIT Realty.
In order to provide accurate information and answer questions that our clients have on our country's real estate market, EXIT Realty is providing a FREE webinar experience to the general public.
Check out the latest informative session at The American Dream
Find out tips and information for First Time Homebuyers, Investors, Buying a Second Home, etc.
Find out about what to look for in choosing your next real estate professional....education, marketing.
Plus, find out what is the most important question to ask! Go to The American Dream.
… (1 comments)
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arkansas: Something that should be posted in every school . . .
- 09/07/10 07:44 AM
Something that should be posted in every school . . .
Rule 1: Life is not fair - get used to it!
Rule 2: The world doesn't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.
Rule 3: You will NOT make $60,000 a year right out of high school. You won't be a vice-president with a car phone until you earn both.
Rule 4: If you think your teacher is tough, wait till you get a boss.
Rule 5: Flipping burgers is not beneath your … (0 comments)
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arkansas: Arkansas Homes Sales Up in June
- 09/07/10 06:17 AM
Arkansas Homes Sales Up in June
According to the data collected by the Arkansas REALTORS Association, and published in Arkansas Business, homes sales in Arkansas were up .56% in June. Hey, that isn't much, but at least it is moving in the right direction.
Pulaski County was actually down by 2% with 400 homes sold. In Saline County, homes sales were up 20%, but it had less than 145 units sold. Northwest Arkansas even saw an increase. Benton County was up 14%.
As for price, statewide price was down 1% to a median price of $148,256.
Comparted to the … (0 comments)
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Nearly Eight in 10 Americans Still Believe Buying a Home Makes Good Financial Sense
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