First Service to Open a Full-Service Branch in Maumelle
The branch is scheduled to open in 2024.
View ArticleState Jobless Rate Holds at 2.6% in July
The greatest annual growth occurred in leisure and hospitality, private education and health services.
View ArticleSanders Issues Executive Order for Updated Arkansas Water Plan Report
The executive order calls for the Arkansas Department of Agriculture and its Natural Resources Division to update a water plan that hasn't been assessed in almost a decade.
View ArticleHome Sales Slumped in July as Mortgage Rates and Prices Increased
Sales slumped 16.6% compared with July last year. It was also the lowest home sales for the month of July since 2010.
View ArticleSurprisingly Durable US Economy Poses Key Question: Will Interest Rates Stay...
Wall Street traders, who earlier this year had predicted that the Fed would begin cutting rates by year's end, now don't envision any rate cuts until well into 2024.
View ArticleHave Home Prices Bottomed? While Low Housing Inventory Stymies Sales, Bidding...
Despite the resiliency of home prices throughout the market's downturn, the current slump has shown few signs of easing.
View ArticleHopeful Signs of an Economic 'Soft Landing' Emerge as Fed Meets in Jackson Hole
Supply chains have normalized for some retailers, reducing pricing pressures. Hotel occupancy rates have come off the boil of the pandemic years; room rates have eased in response.
View ArticleNew Restaurant La Chingada Planned for River Market
The restaurant will occupy a 5,500-SF space at 313 President Clinton Ave. previously leased by The Library Kitchen & Lounge.
View ArticleOzark Mountain Bagel to Open Fourth Location at Renovated Bentonville Space
A $1.5 million project gave the building a fresh exterior design, remodeled interior and reconstructed parking lot.
View ArticleAverage Long-Term US Mortgage Rate Jumps to 7.23%, Highest Since June 2001
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan climbed to 7.23% from 7.09% last week. A year ago, the rate averaged 5.55%.
View ArticlePowell at Jackson Hole: Economy's Solid Growth Could Require Additional Fed...
Powell noted that the economy has been growing faster than expected and that consumers have kept spending briskly — trends that could keep inflation pressures high.
View ArticleSeven-Digit Deals: Sologne Circle Home Sells for $2M
Big homes in west Little Rock dominate this week’s installment of million-dollar real estate transactions.
View ArticleOakwood Transaction Surpasses $1.3 Million (Real Deals)
The 10-unit apartment project in the Hillcrest area of Little Rock was purchased by Oak & Cedar LLC.
View ArticleFounders of Big Red Buy Fayetteville Home (NWA Real Deals)
David and Doug Hendrix of Bryant bought a 6,340-SF home in Fayetteville for $2.95 million.
View ArticleRising Rent Prices Mean More Homes for Rent
The surge in housing prices in northwest Arkansas is attracting investors buying houses to turn them into rental properties. That has meant a drop in the percentage of owner-occupied houses, a decline...
View ArticleMajesty Awaits: Search for Successor to Majestic Hotel Wears On
Ahead of the 10th anniversary of the catastrophic fire that destroyed the landmark Majestic Hotel, Hot Springs city officials are under pressure to find someone to build something on the now-vacant...
View ArticleRobin Miller to Launch Boutique Real Estate Brokerage
A new real estate firm, started by an industry veteran, is in the early stages of formation in Little Rock.
View ArticleExxon Investment Didn't Surprise Standard's Mintak
Exxon Mobil Corp.'s $100 million investment in Arkansas land leases was a validation of Standard Lithium's six years of work here, its CEO says.
View ArticleCost to Put Apartments in VA Hospital: $19.7M
A new detail in PR Contractors LLC's plan to build 168 apartments in the former Veterans Administration Hospital in Little Rock.
View ArticleArkansas Business Announces 2023 CFO of the Year Finalists
An awards ceremony will be held Nov. 2 at the Statehouse Convention Center in downtown Little Rock
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