Average US Mortgage Rates Rise; 30-Year at 4.03 Percent
Long-term U.S. mortgage rates rose this week for the second straight week. The benchmark 30-year rate surpassed the significant 4 percent level for the first time since May.
View ArticleAs Business Grows in Walnut Ridge, Housing Struggles to Keep Up
The arrival of large-scale employers like Peco Foods Inc., Allegis Corp. and American Silica has brought an economic boom to rural communities in northeast Arkansas. But housing has struggled to keep...
View ArticleDallas Firm Buys Summit House Apartments in Little Rock for $10.7M
Davis Real Estate bought Summit House Apartments at 400 N. University Ave. in Little Rock, Berkadia announced on Friday.
View ArticleFirst Arkansas Bank & Trust to Open Branch In Conway
First Arkansas Bank & Trust of Jacksonville enters Conway for the first time, purchasing a vacant bank branch at Hogan Road and Prince Street.
View ArticleHall-Davidson Combo Brings in $2.3 Million (Real Deals)
The $2.3 million purchase of adjoining buildings set in motion a multproperty redevelopment in downtown Little Rock.
View ArticleLindsay Faulkner Joins Nabholz Environmental (Movers & Shakers)
Lindsay Faulkner has been hired as a project manager at Nabholz Environmental Services in Little Rock.
View ArticleEpic I-30 Makeover Gearing to Go Through LR-NLR Urban Corridor
Widening a 6.7-mile section of Interstate 30 that runs through the middle of the state’s largest metropolitan area alone represents a monumental task.
View ArticleMunicipal League Seeks Special Session to Collect Online Sales Tax
It may be futile, but several Arkansas cities are urging Gov. Asa Hutchinson to hold a special session to pass legislation to force out-of-state online retailers to start collecting sales taxes.
View ArticleFirst Financial Puts Future in Prospect
Over the years, the west side of the Prospect Building has served as a branch for financial institutions such as Little Rock’s Union National Bank and Worthen National Bank of Arkansas.
View ArticleHideway Pizza Served in $3.2 Million Deal
A 6,705-SF pizzeria in North Little Rock and land for a 130-unit independent living center in west Little Rock form a duo of multimillion-dollar transactions this week.
View ArticleWordsWorth Books Turns Page with New Owners
Lia Lent and Tom McGowan, both of Little Rock, have bought the much-loved, long-lived independent bookstore from Jean Cazort. Its new name will be the slightly different Wordsworth Bookstore.
View ArticleUS Homebuilder Sentiment Declines in July
U.S. homebuilders are feeling less optimistic about their sales prospects, although their overall outlook remains positive.
View ArticleUS Housing Starts Rebounded in June
Homebuilders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest.
View ArticleAverage US Mortgage Rates Fall; 30-Year at 3.96 Percent
Long-term U.S. mortgage rates declined this week after two straight weeks of increases. The benchmark 30-year rate slipped back below the significant 4 percent level.
View ArticleAlexander Open Systems Adds Jenn Adams (Movers & Shakers)
Jenn Adams has been hired as an account manager at Alexander Open Systems in Little Rock.
View ArticleBank of the Ozarks Making Its Mark as Bank of the Nation
A seven-year string of top-performing bank accolades joins a history dominated by record quarterly earnings for Bank of the Ozarks.
View ArticleNLR's West Scenic Apartments Tops $3.9 Million Mark (Real Deals)
West Scenic Partners LLC of St. Louis purchased Scenic Hill Apartments at 605 and 1207 W. Scenic Drive. The seller is Scenic Hill Properties Ltd., led by James Kincannon.
View ArticleCentral Arkansas Retail Space Vacancy Rate Rises
The vacancy rate for the central Arkansas retail real estate market rose to 5.7 percent in first-quarter 2017, compared with 4.9 percent in first-quarter 2016.
View ArticleRiverfest’s Legacy (Editorial)
The legacy of Riverfest is much greater than memories of fun, music, food and the occasional festival-goer wearing much too little clothing for his frame.
View ArticleHarrison Draws More Bank Competition
Community First Bank's sale opens door to Harrison for Stone Bank and Cornerstone.
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