Northwest Arkansas is a great place to live. I know because I relocated here with my family about 12 years ago and have not regretted it. We were looking for a small town, but not too small, for quality of life reasons. Fayetteville Arkansas filled the bill.
With the University of Arkansas as a mainstay of the city, Fayetteville is the cultural center of NW Arkansas. Other nearby communities include Bentonville (home office of Walmart), Springdale (home office of Tyson Foods), Rogers (adjacent to Beaver Lake) and Bella Vista (traditionally a retirement destination but now with many younger folks living there as well).
The area is beautiful--nestled in the Ozark Mountains, the terrain is very hilly and wooded. The climate has 4 seasons (very mild winter compared to Northern Minnesota where I grew up), and there are only 2 really hot months in the summer (thank goodness for air conditioning!).
Another picturesque community is Eureka Springs, a traditional tourist destination from about 100 years ago. This is an artist community with many small shops and Victorian style bed and breakfasts, in addition to the usual hotels.
Fayetteville has received recognition in many publications (Forbes, USA Today, Money Magazine, among others) for being in the "top 10" cities for quality of life. But this applies to all of NW Arkansas. And the economy is vibrant (top ratings in the Millkin Report).
For anyone desiring a change of page from the large cities, this area might be the one for you. Home prices are extremely moderate compared to the East and West Coasts. And although prices have risen significantly in the past couple of years, some investors may still find what they are looking for at a reasonable price. It's a fast-growing area with lots of opportunities.
To obtain more information about the area or to inquire about purchasing a home here, don't hesitate to contact me: firstname.lastname@example.org
You can also view general information about the area and about home purchases in Arkansas at my main website: http://www.judyluna.com
And you can get an idea of what's available at what price at my MLS search websites: