Average Long-Term US Mortgage Rate Edged Up to 7.18% This Week
The average rate on the benchmark 30-year home loan rose to 7.18% from 7.12% last week, according to Mortgage buyer Freddie Mac on Thursday. A year ago, the rate averaged 6.02%.
View ArticleStandard Lithium Buys 118 Acres for $1.3B Plant
The company hopes to start construction on what it calls its South West Arkansas project sometime in 2025.
View ArticleColliers President Isaac Smith on the 'New Normal' of Commercial Real Estate
Smith joined Colliers in 2003 as a broker, became a principal in 2009 and was named president in 2017.
View ArticleQ1 Loss Lingers For Arvest Bank
Fayetteville’s Arvest Bank lost nearly $1.4 million for the six months ending June 30, compared with an $81 million profit during the first half of 2022.
View ArticleReverential Renovation: Griffin Crafts $35M Deal for Treasured Boyle Building
The public-private venture Attorney General Tim Griffin struck with Moses Tucker Partners represents a momentous intervention for a neglected 12-story landmark.
View ArticleFrom Retail to Renewal: State Agencies Thrive in Main Street Mall
Last year, the Division of Higher Education and the Education Department’s Research & Technology team relocated to the Main Street Mall from leased quarters at 423 Main St.
View ArticleLittle Rock's Long Road to Recovery: Six Months After Tornado Damage
For some of the worst-hit commercial real estate and apartments, it could still be months before business is back to normal.
View Article$110M Plaza at Pinnacle Hills Takes Shape After a Decade of Dormancy
Chad Hatfield and his investor partner, Paula Whalen, acquired the tract at the northwest corner of South Champions Drive and West Northgate Road in 2013.
View ArticleNLR Whataburger Site Sells for $4M
A blend of commercial and residential properties comprise this week’s offerings of million-dollar real estate transactions in Pulaski County.
View ArticleStorage Space Sale Tops $3.4 Million (Real Deals)
The 538-unit mini-storage property in south Pulaski County was purchased by Pratt Road Storage (AR) LLC.
View ArticleA New Approach to Real Estate Education (Elizabeth Small Commentary)
The more real estate students learn about construction and vice versa, the better our job pool will be.
View ArticleHow to Break Free From the Survival Trap (Sabrina Starling On Small Business)
Take simple steps to avoid the compounding effect of multiple, incomplete stress cycles.
View Article2 Promoted at First Community Bank (Movers & Shakers)
Staci Avery and Jennifer Scarbrough join First Community Bank of Batesville.
View ArticleHigher Interest Rates Push Down Home Sales in Northwest Arkansas
Meanwhile, price growth in the red hot market has slowed to single digits.
View ArticleFed Keeps Rates Unchanged but Signals Likelihood of Another Hike This Year to...
The more measured approach to rate increases the Fed is now taking reflects an awareness among the officials that the risks to the economy of raising rates too high is growing.
View ArticleUS Home Sales Fell Again in August as Mortgage Rates and Prices Increased
Existing home sales fell 0.7% last month from July to a seasonally adjusted annual rate of 4.04 million, the National Association of Realtors said Thursday. That's below the 4.10 million pace that...
View ArticleAverage Long-Term US Mortgage Rate Edges Up to 7.19%
The average rate on the benchmark 30-year home loan rose to 7.19% from 7.18% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.29%.
View Article‘Show-Me’ Trio Buys Stone Bank
The Combs family of Missouri doubled the size of its bank holdings with the purchase of Stone Bank.
View ArticleHillcrest Apartments Register $1.4M Sale (Real Deals)
The eight-unit apartment building in the Hillcrest area of Little Rock was purchased by 4611 Woodlawn Properties LLC and Equity IRA LLC.
View ArticleFayetteville Walgreens Sells for $6 Million (NWA Real Deals)
A Walgreens pharmacy in uptown Fayetteville was purchased by Spectrum Link LLC.
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