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Skyline Report: Home Sales Down in Northwest Arkansas

The report also says that home construction slowed in the second half of 2022.

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Federal Metal Co. Plans $18M Facility in North Little Rock

The 160,138-SF facility will be the company's first in Arkansas. It's expected to be operational in mid-2023.

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Average Long-Term US Mortgage Rates Come Back Down to 6.6%

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate slid back to 6.60% from 6.73% last week. The average rate a year ago was 4.16%.

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Arkansas Lawmakers OK Bill Increasing Homestead Tax Credit

he state Department of Finance and Administration has projected the increase, which the House approved by a 99-0 vote earlier this month, would cost the state $34 million next year.

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Certified Pies Prepares to Open Dine-in Space After Years in Ghost Kitchen

Certified Pies of Little Rock will be moving from a curbside- and delivery-only restaurant to a 2,000-SF dine-in space, a culmination of a three-year plan that began during the worst of times: a pandemic.

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Park Plaza Mall Has New Owner In Waiting

The buyer's credo: Repurposing challenged real estate into revitalized community hubs.

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Attorneys Disqualified in Fairfield Bay Case

If you recall, members of a property owners’ association raised accusations in a lawsuit of self-dealing by a former board president.

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Jacksonville Apartment Complex Sell for $9.8M

Commercial land, apartments and a Heights-area home form this week’s million-dollar deals.

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Chapel Ridge Sale Tops $9.1 Million (Real Deals)

The 122-unit apartment complex in west Little Rock was purchased by VA8 Stagecoach LLC.

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Mixed-Use Facility in Little Rock Draws $3.5M Deal

The buyer plans to convert the six-building property into climate-controlled storage.

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US Home Sales Surged in February as Mortgage Rates Dipped

Existing home sales jumped 14.5% last month from January to a seasonally adjusted annual rate of 4.58 million, the National Association of Realtors said.

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Slim Pickings for Buyers Amid Near-Record Low Homes for Sale

As of the end of February, just as the spring homebuying season got under way, some 980,000 homes were on the market nationally, according to the National Association of Realtors.

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Average Long-Term US Mortgage Rate Falls to 6.42% This Week

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.42% from 6.6% last week. The average rate a year ago was 4.42%.

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WLR’s Bear Den Estates Development Reflects Outdoor Priorities

The development of 80 acres of rugged forestland with its own mountain in west Little Rock reflects a shift in residential real estate priorities in the wake of the pandemic.

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Pulaski County’s Most Expensive Home Sales of 2022

For the second consecutive year, Arkansas Business increased the floor price of the homes it follows, raising it from $1.25 million to $1.5 million.

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Northwest Arkansas’ Most Expensive Home Sales of 2022

The upscale residential market in northwest Arkansas continued to burn hot in 2022, with more than 200 homes selling for more than $1 million.

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Rivercliff Apartments Surpasses $16 Million (Real Deals)

The 133-unit apartment project in the Riverdale area of Little Rock was purchased by to MLG/LF Rivercliff LLC.

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Spectrum Apartments Sell for $42 Million (NWA Real Deals)

Tailwind Group of Mankato, which specializes in student housing, bought the complex through its Tailwind Fayetteville LLC.

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Leaders Are Courageous Readers (Barry Goldberg On Leadership)

Reading is a key to good leadership, especially when you tackle subjects that challenge your nature or your world view.

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AREC Director Andrea Alford on the Changing Real Estate Market

Alford has worked for the state Real Estate Commission since December 2008 and is the current executive director.

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