market activity: 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)

market activity: 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)

market activity: 10 Market Facts for Uncertain Times (PowerPoint Slides) - 09/28/10 03:35 AM
NAR Market Facts September 2010
(2 comments)

market activity: Home Purchase Applications Rise 6.3% - 09/08/10 10:34 AM
Home Purchase Applications Rise 6.3%
Applications to purchase homes increased 6.3 percent last week compared to the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey.
On an unadjusted basis, purchases rose 4 percent compared to the previous week, but were down 38.8 percent from the same week a year ago.The Refinance Index decreased 3.1 percent from the previous week."Purchase applications increased last week, reaching the highest level since the end of May. However, purchase activity remains well below levels seen prior to the expiration of the homebuyer tax credit, and is almost 40 percent … (0 comments)

market activity: 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)

market activity: Exceeding Expectations, Pending Home Sales Rise 5.2% - 09/03/10 05:37 AM
Exceeding Expectations, Pending Home Sales Rise 5.2% from rismedia.com
RISMEDIA, September 3, 2010-Following a sharp drop in the months immediately after the expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors.
The Pending Home Sales Index, a forward-looking indicator, rose 5.2% to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1% below July 2009 when it was 98.1. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, … (0 comments)

 
Scott Deaton (Deaton Group Realty)

Scott Deaton

Little Rock, AR

More about me…

Deaton Group Realty

Address: 4801 Northshore Drive, North Little Rock, AR, 72118

Mobile: (501) 580-9151



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