August, 2009Archive

Arkansas average/median list prices and inventories for Aug. 31

August 31st, 2009 | Housing Market Statistics | No comments

After hitting the lowest point in three months, list prices rebounded a bit on this last day of August.
Frankly, we’ve not seen a whole lot of variation in the Arkansas Realtors® Association’s weekly list of average/median list prices and the number of homes for sale this month. We started out the month with 12,147 homes [...]

A recovery?

August 30th, 2009 | House to House | 2 comments

The National Association of Realtors® (NAR) reported that homes sales had improved for four consecutive months through July.
Here at the Arkansas Realtors® Association ARA, we don’t have the July housing market number compiled for the state yet, but we’re inclined to go along with what the NAR has reported.
Specifically, the NAR stated that existing homes [...]

The NAR releases a technology report; ARA develops a survey, too

August 28th, 2009 | News you can use, announcements | No comments

The busy folks at the NAR’s Center for Realtor® Technnology (CRT) have released the 2009 Realtor® Technology Report.
The report details the results of a technology survey that was sent to 47,000 Realtors® by email and was posted on the National Association of Realtors® site and various social networking sites. In all, 1,189 completed surveys were [...]

The latest Arkansas RealCast — heavy hitters share their wisdom with the public

August 27th, 2009 | Arkansas RealCast, Podcast | No comments

Hot dog! The latest Arkansas RealCast (our foray into the wild, wonderful world of podcasting) is available for your listening pleasure.
This week the RealCast features some heavy hitters in this state — ARA President and Cabot Realtor® Bob Walker, ARA President-Elect and Fayetteville Realtor® Mike Henry and ARA Director and Little Rock Realtor® Ken Gill. [...]

My first listing!

August 27th, 2009 | Jennifer Burdette | No comments

Now this is the reason I entered into this business – the journey and the feeling of success!
Wow, what excitement I felt when the sellers signed the listing agreement. Putting a sign up in their front yard with my name on it! WOW, is the best word I can come up with to describe the [...]

Yeah, things have improved here, too

August 26th, 2009 | News you can use | 2 comments

Over the past couple of days, the national news wires have been buzzing with a National Association of Realtors® (NAR) report stating that there was a 7.2 percent increase in sales from the first quarter of the year to the second.
We’ve seen the same thing happen in Arkansas, but on a considerably larger scale. In [...]

Arkansas average/median list prices and inventories for Aug. 24

August 24th, 2009 | Housing Market Statistics | No comments

Once again, we’ve seen the time tested dynamics of supply and demand playing out in housing markets throughout Arkansas.
Every week, the Arkansas Realtors® Association released a report detailing the average/median list prices and number of single-family residences for sale in four markets in the state. To grab a copy of this week’s report, click here. [...]

Closer to normal?

August 24th, 2009 | House to House | No comments

We get one question quite a bit here at the Arkansas Realtors® Association – when will the housing market recover?
Since we’re not in the crystal ball business, we’ve been more than happy to decline answering that particular question. Besides, we’re not economists and prefer to leave such forecasting to people who make such predictions for [...]

Bentonville/Bella Vista Board of Realtors® August Meeting

August 20th, 2009 | Info from local boards | No comments

The Bentonville/Bella Vista Board met on Aug. 13 and recognized its Realtor® of the year, inducted a new member, learned about highway projects in the area and learned of some new requirements under the Truth in Lending Act.
The intrepid Bill Wright over at Ozarks Edge was on hand to give us the “who, what, when, [...]

Our very first podcast — 13 minutes with Lawrence Yun

August 18th, 2009 | Arkansas RealCast, Podcast | No comments

That’s right — the Arkansas Realtors® Association is entering the realm of podcasting. What would a series of podcasts be without a snazzy name? So, welcome to the first installment in the Arkansas RealCast series.
We plan on posting these Arkansas RealCasts on a weekly basis (more or less) and were lucky enough to visit with [...]

Arkansas average/median list prices and inventories for Aug. 17

August 17th, 2009 | Housing Market Statistics | No comments

One term that’s been tossed around lately to describe real estate markets in Arkansas is stabilization.
That’s the exact term that Kathy Deck, director of the Center for Business and Economic Research at the University of Arkansas, used after looking at the June housing market report and it’s one that Realtors here in Arkansas certainly like [...]

How did the housing market hold up in June?

August 17th, 2009 | House to House | No comments

The Arkansas Realtors® Association (ARA) released its June housing market report the other day and the results were decidedly mixed.
Statewide, sales were down 4.52 percent in June compared to the same month a year ago and the average sales price dropped 6.75 percent – $149,532 in June 2009 compared to $160,359 a year ago.
What is [...]

SRES designation course back by popular demand

August 14th, 2009 | 2009 - 3rd quarter, Realtor® 'Rightings | No comments

Little Rock Realtor® Maurice Taylor says agents wanting to address the fastest growing demographic in the nation owe it to themselves to obtain the Seniors Real Estate Specialist (SRES) designation.
“I completed the SRES designation course in 2008 and I knew we had to bring this class back to our membership in 2009,” said Taylor, the [...]

Google Latitude – How Might It Work for Real Estate?

August 13th, 2009 | 2009 - 3rd quarter, Realtor® 'Rightings | No comments

Google Latitude is a new Google map service that is proving to be quite popular with Internet enabled cell phone users.
Once installed on your phone, you can import your contacts and friends, and invite them to share locations with you.  In other words, you can let your selected contacts see where you are on Google [...]

Metro Area newsletter, August 2009

August 13th, 2009 | Info from local boards, Metro Area newsletter | No comments

Yes, indeed — the August newsletter from the Metro Area Board of Realtors is available for your reading pleasure. To see what they’re up to in northwest Arkansas, click here for the electronic version of the board’s most recent edition of the Metro Messenger.
Of course, any boards wanting to post their electronic newsletters here are [...]