Average Long-Term US Mortgage Rate Falls to 6.35%
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan inched down to 6.35% from 6.39% last week. The average rate a year ago was 5.30%.
View ArticleNew NLR Hotel to Get Conference Center as Neighbor, Mayor Says
Mayor Terry Hartwick predicts construction of the conference center could begin by the third quarter or fourth quarter of this year.
View ArticleSterling Bank Expands to Little Rock
Sterling Bank of Poplar Bluff, Missouri, bought a 2.6-acre site at the southwest corner of Rahling and Kirk roads for more than $1.8 million.
View ArticleBig Red Properties Sell for $22.5M
Convenience stores, storage units and west Little Rock homes make up this week's million-dollar deals.
View ArticleLakewood House Sells in $12M Transaction (Real Deals)
The tallest building in North Little Rock was purchased by Lakewood House APT CB LLC of Lakewood, New Jersey.
View ArticleBiden Plan to Sell Land Leases for Conservation Gets Pushback
The proposal would allow conservationists and others to lease federally owned land to restore it, much the same way oil companies buy leases to drill and ranchers pay to graze cattle. Companies could...
View ArticleFormer Flooring Warehouse in Little Rock Sells for $1.25M
Pulaski County property records list the buyer as Service Restoration USA.
View ArticleHigh Mortgages, Few Homes Lead to Biggest Annual Price Drop in 11 Years
Existing home sales fell 3.4% in April from March to a seasonally adjusted annual rate of 4.28 million, the National Association of Realtors said Thursday.
View ArticleAverage Long-Term US Mortgage Rate Edged Higher to 6.39% This Week
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.39% from 6.35% last week. The average rate a year ago was 5.25%.
View ArticleFountain at Maumelle Apartment Complex Sells for $68M
Apartments, a shopping center, a liquor store and more feature in this week’s installment of million-dollar real estate transactions and construction.
View ArticleFayetteville Developer Purchases Historic Fay Jones Home for $1.5M
Ted Belden, through his revocable trust, spent $1.48 million for the Joe Marsh Clark Home on Mount Sequoyah in Fayetteville.
View ArticleConvenient 12 Pack Rings Up $22M Sale (Real Deals)
Circle K Stores Inc. of San Antonio purchased the Big Red projects from RJ Properties LLC, Summerwood Partners LLC and AF Partners LLC.
View ArticleSurvey of Economists: Inflation Will Stay High This Year, and so Will Fed's...
The business economists expect the U.S. economy to grow a mediocre 1.2% this year, though that would be higher than the 0.8% growth they predicted in the NABE's February survey.
View ArticleBenton Retail Center Sells for $9.3M
Benton Commons at 1400-1418 Military Rd. is anchored by Kroger.
View ArticleTempus Realty Sells Ohio Industrial Facility for $7.6M
The property was acquired by Tempus in December 2020 for $5.75 million.
View ArticleIndoor Pickleball Facility Planned for Bentonville
It's one of 50 Picklemall locations in the works across the U.S.
View ArticleBike Maker YT Industries Plans Shop & Service Center in Bentonville
The two-floor YT MILL, as its known, is set to open downtown at 305 N. Main St. in spring 2024.
View ArticleUS Economic Growth for Last Quarter is Revised Up to a Still-Tepid 1.3%
The government had previously estimated that the economy grew at a 1.1% annual rate last quarter.
View ArticleSupreme Court Limits Federal Power Over Wetlands, Boosts Property Rights Over...
It's the second decision in as many years in which a conservative majority of the court narrowed the reach of environmental regulations.
View ArticleAverage Long-Term US Mortgage Rate Rises to 6.57% This Week, Highest Level...
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.57% from 6.39% last week. The average rate a year ago was 5.10%.
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