We all know it is slow compared to 2003-2006 but I think it is just back to business as normal. Even though the media has been trying to make the real estate market a national market, we all know that it is a local product. Our Call Cooridinator for Keller Williams Realty of NWA has experienced more showing appointments this past month than the year before. The interest rate is still low and we have more affordable homes than we have ever had in the past 9 years. First time home buyers have a choice of homes that offer low monthly payments that make sense over renting for a similiar price. If you know of anyone that makes at least $438 week gross combined income and thy are still paying rent, then educate them about the benefits of home ownership.
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