Skyline Report: More Permits Issued, Home Prices Continue to Rise
More building permits were issued in northwest Arkansas last year than have been issued any year since 2006, according to the latest Arvest Bank Skyline Report. At the same time, the average price for...
View ArticleUS New-Home Sales Rose 3.7 Percent in December
Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market.
View ArticlePulaski County Retirement Properties Total $7.8M in Tandem Transactions
Retirement projects in Pulaski County, residential lots in Conway and office property in downtown Little Rock form this week’s quartet of million-dollar transactions.
View ArticleMarijuana Dispensary Trio Failed to Mention Family Tie
A Mayflower family that failed to acknowledge their relationship is at the center of an investigation and a lawsuit over the granting of licenses for three medical marijuana dispensaries in Arkansas.
View ArticleCardinal Health Project Attracts $7M Transaction (Real Deals)
Cardinal Sherwood LLC of Marina Del Rey, California, bought the 71,005-SF office building at 5426 Landers Road in Sherwood.
View ArticleRecent Real Estate Deals Total $1.8M
J&P Associates of New York City have sold the 8,990-SF Dollar General at 7501 Mabelvale Cutoff Road in southwest Little Rock for $942,000.
View ArticleUS Construction Spending Up Strong 1.3 Percent in January
Spending on U.S. construction projects in January posted the biggest gain in nine months, as strength in nonresidential construction and government projects offset continued weakness in home construction.
View ArticleArkansas Competing for 2 USDA Offices, 700 Jobs
Arkansas is one of 35 states still being considered as a potential new home for the U.S. Department of Agriculture’s Economic Research Service office and National Institute of Food & Agriculture...
View ArticleUS New-Home Sales Fell 6.9 Percent in January
Sales of new U.S. homes slumped 6.9 percent in January, a possible sign that buyers paused during the government shutdown.
View ArticleVilla Marre Sold for $463K to Lawyer, Former Legislator
Little Rock Attorney and former state Rep. Steve Harrelson bought the Villa Marre, a historic downtown Little Rock home, Tuesday for $463,500.
View ArticleArkansas Ranks Low in Economic Clout of Women-Owned Businesses
Arkansas ranks in the bottom 11 states in terms of the “economic clout” of women-owned businesses, according to the 2018 State of Women-Owned Businesses Report commissioned by American Express. (Eleven...
View ArticleHannover House Moves, Former Landlord Files Lawsuit
Hannover House, the independent movie production and distribution company, recently relocated, but directions to the new place are pretty simple.
View ArticleRocky's Pub Eyes Sherwood Location
Rocky’s Togo (pronounced “to-go”), a takeout place that succeeded Rocky’s Pub, a North Little Rock restaurant with something of a cult following attributable largely to its Philly cheesesteak...
View ArticleArrow's Edge Apartments Acquired in $4.1M Exchange
Sherwood apartments, a west Little Rock office building, a Cabot convenience store and a Pulaski County residence provide this week’s foursome of million-dollar real estate transactions.
View ArticlePremier Medical Plaza Construction Proceeds Despite Loan Hiccup
Construction on the $35 million Premier Medical Plaza was halted for about two weeks because the construction loan didn’t close as expected.
View ArticleDrilling Industry Waits for Bust to Clear
Three years after natural gas prices plunged to their lowest point since 1998 — one-sixth the price seen in 2005 — the gas market remains depressed, drilling is dormant, and oil production is flat in...
View ArticleTrying Again on Revised Overtime Rules (Missy McJunkins Duke Commentary)
The statistical reality of the the U.S. Department of Labor's overtime proposal is that Arkansas employees earn lower wages than much of the country, meaning Arkansas employers are more likely than...
View ArticleOtter Creek Cottages Host $5.7M Transaction (Real Deals)
An affiliate of Read Property Group of Brooklyn, New York, purchased the 96-unit apartment project in west Little Rock.
View ArticleUS Existing-Home Sales Jumped 11.8 Percent in February
U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving affordability.
View ArticlePulaski County's Most-Expensive Home Sales of 2018
Last year, 29 homes sold for $1 million or more, down from the 33 homes purchased in 2017, which was the highest number since Arkansas Business began tracking them in 2004.
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