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Bentonville, AR Real Estate News

By Cody Burnett, Real Estate Pro
(Connect Realty)
According to The National Association of Realtors' Pending Home Sales Index (http://www.realtor.org/press_room/news_releases/2010/05/phs_upswing), sales agreements for previously occupied homes rose 5.3 percent to 102.9 from 97.7 in February. It's the highest level since October and 21.1 percent above March 2009. Lawrence Yun, NAR's chief economist, said affordability and the home buyer tax credit have combined to produce a surge of spring home sales. Yun believes sales will drop in the months ahead but will likely become self-sustaining if the economy adds jobs in the second half of the year. The Pending Sales Index is a leading indicator for the housing market. More here (http://www.msnbc.msn.com/id/36937609/ns/business-real_estate/), here (http://www.calculatedriskblog.com/2010/05/pe...
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By Cody Burnett, Real Estate Pro
(Connect Realty)
For months, analysts and industry experts have debated how the expiration of the tax credit will effect the housing market. But, according to a recent survey conducted by Prudential Real Estate and Relocation Services (http://www.reuters.com/article/idUSN279816420100428), consumers are optimistic about real estate. The survey found that 46 percent of potential buyers expected prices to increase over the next year and 20 percent expect significant increases over the next five years. 65 percent of those polled said the end of the tax credit would have little or no effect on their decision to purchase a home. James Mallozzi, Prudential Real Estate's chairman and chief executive officer, said the survey shows that most consumers believe the market has hit bottom and are optimistic about the...
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By Cody Burnett, Real Estate Pro
(Connect Realty)
According to the Standard & Poor's/Case-Shiller Home Price Indices (http://www.standardandpoors.com/spf/docs/case-shiller/CSHomePrice_Release.pdf), home prices posted their first annual increase in three years. S&P's 10-city index was up 1.4 percent from February 2009 and the 20-city index was up 0.6 percent. Despite the year-over-year gains, David Blitzer, chairman of the S&P index committee, warned that it's too early to say the market is recovering. Home prices are up 3 percent from their bottom, but are still down more than 30 percent from their 2006 peak. More here (http://www.reuters.com/article/idUSTRE63Q26720100427) and here (http://www.msnbc.msn.com/id/36799404/ns/business-real_estate/). http://codyburnett.files.wordpress.com/2010/04/dollarsign3.jpg
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By Cody Burnett, Real Estate Pro
(Connect Realty)
In March, sales of new single-family homes were up 26.9 percent over February's rate, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development (http://www.census.gov/const/newressales.pdf). The jump was the largest monthly increase in 47 years and is 23.8 percent above last year's estimate. Also, the median sales price of new homes was $214,000 with an average price of $258,600. More here (http://www.msnbc.msn.com/id/36735173/ns/business-real_estate/) and here (http://www.housingwire.com/2010/04/23/new-home-sales-soar-nearly-27-in-march/).
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By Cody Burnett, Real Estate Pro
(Connect Realty)
http://codyburnett.wordpress.com/2010/04/23/housing-fundamentals-more-up-than-down/ James O'Sullivan, chief economist at MF Global Ltd., argues that, though recent spikes in sales are exaggerated by the tax credit, the housing market's fundamentals are more up than down.
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By Cody Burnett, Real Estate Pro
(Connect Realty)
With the national median existing-home price nearly unchanged from last year and time running out on the home-buyer tax credit, existing-home sales rose 6.8 percent in March, according to a report from The National Association of Realtors (http://www.realtor.org/press_room/news_releases/2010/04/ehs_favorable). Sales, up 16.1 percent from March 2009, have been above year-ago levels for nine straight months. Lawrence Yun, NAR's chief economist, said price stabilization should lead to a revival in buying confidence, which will help the market rebound after the tax credit impact disappears. More here (http://www.msnbc.msn.com/id/36711659/ns/business-stocks_and_economy/) and here (http://money.cnn.com/2010/04/22/real_estate/March_existing_home_sales/index.htm).
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By Cody Burnett, Real Estate Pro
(Connect Realty)
According to The Mortgage Bankers Association's Weekly Mortgage Applications Survey (http://www.mbaa.org/NewsandMedia/PressCenter/72597.htm), the average contract interest rate for 30-year fixed-rate mortgages fell from 5.17 percent to 5.04 percent last week. Total loan application volume was up 13.6 percent from the week before, with the Refinance Index up 15.8 percent and the Purchase Index increasing 10.1 percent. Michael Fratantoni, MBA's vice president of research and economics, said purchase applications continue to rise as the expiration of the home-buyer tax credit approaches. More here (http://www.housingwire.com/2010/04/21/mortgage-application-activity-mixed/) and here (http://www.reuters.com/article/idUSTRE63D1KF20100421).
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By Cody Burnett, Real Estate Pro
(Connect Realty)
According to The National Association of Realtors' 2009 Profile of Home Buyers and Sellers (http://www.realtor.org/press_room/news_releases/2009/11/survey_record), first-time home buyers accounted for 47 percent of all home sales last year. That was the highest market share on record, passing the previous high of 44 percent in 1991. This March, based on a survey from Campbell/Inside Mortgage Finance (http://www.reuters.com/article/idUSTRE63I31L20100419), 48.2 percent of purchases were first-time buyers. Thomas Popik, research director for Campbell Surveys, said, though many analysts felt the pool of first-time buyers had been depleted last fall, normal spring buying, combined with the tax credit, produced blow-out results. More here (http://www.housingwire.com/2010/04/19/first-time-buye...
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RISMEDIA, April 17, 2010-BBVA Compass recently released a new survey on first-time home buyers indicating that, prior to purchase, a vast majority of first-time home buyers (88%) believe they have accounted for all expenses related to owning a home. Seemingly contradicting that notion, amongst those who had purchased a home in the past 12 months, just over half indicate the expenses were more than they had calculated, causing a change in lifestyle. These results came from the BBVA Compass First-Time Home Buyers Online Survey which polled American consumers about the thoughts, emotions and hurdles related to owning and enjoying a first home. Regarding potential first-time home buyers, key findings included:-Nearly one third have anxiety over the affordability of owning a home.-7 in 10 in...
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By Cody Burnett, Real Estate Pro
(Connect Realty)
http://codyburnett.wordpress.com/2010/04/16/encouraging-signs-for-housing-recovery/ Ron Phipps, president-elect of The National Association of Realtors, is optimistic about the housing market and encouraged by stabilizing prices, recent increases in sales activity, and better unemployment numbers.
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By Erelopro Out of Business, Relocation Professionals are out of business
(erelopro)
It's amazing how bombarded we have become over the last few months with prospective home buyers wanting to contact us in regards to purchasing homes in the Bentonville area. We all know that the Home Buyers Credit is due to expire very soon, and due to this a lot of people are scrambling to get in contact with an aggressive buyers agent. A good amount of these people need assistance now, to be able to buy their homes as soon as possible. These people truly need an agent whom has the time and experience to respond to these inquiries. We have learned that persistence has proven to pay dividends with these inquiring families and individuals. If you are serious about having the ability to increase the amount of prospective home buyers you contact each month, we would love the chance to talk...
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By Cody Burnett, Real Estate Pro
(Connect Realty)
With the spring selling season underway and many of the government programs aiding the ailing housing market expiring, experts and industry insiders have differing opinions on where housing's headed. Warmer weather typically boosts buyer traffic and, according to the National Association of Realtors spokesman Walter Molony (http://www.reuters.com/article/idUSTRE6374OD20100408), housing could become self-sustaining with a significant sales surge followed by job creation in the second-half of the year. On the other hand, Robert Shiller (http://www.nytimes.com/2010/04/11/business/economy/11view.html?scp=1&sq=shiller&st=cse), co-founder of the Case-Shiller Home Price Index, argues that, despite recent momentum, there isn't enough evidence to support the optimism among many economic forecast...
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By Nicky Dean, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
Oxford Ridge in Bentonville, Arkansas is a great, established neighborhood that has a "sense of community". Oxford Ridge has an active POA that has fun events each month for the members ("Ladies Bunko Night", "Guy's Poker Night") as well as events throughout the year including an Easter Egg Hunt, Neighborhood garage sales twice a year and much more.The POA dues for Oxford Ridge are $440/year & includes the swimming pool, playground, basketball courts, sand volleyball & a covered pavilion with a grill. You can review the Covenants for Oxford Ridge here. The homes in Oxford Ridge range in size from around 1825 to over 3200. View all homes for sale in Oxford Ridge.  Links of interest for Oxford Ridge fans...Visit the POA's websiteBentonville SchoolsBentonville, Arkansas Chamber of Commerce 
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By Erelopro Out of Business, Relocation Professionals are out of business
(erelopro)
Bentonville, Arkansas Realtor Leads - (800) 900-2807 Even through this Real Estate downward spin, we are still seeing an increased number of families relocating to cities such as: Phoenix, Seattle, Bentonville, etc… Still the #1 drive is jobs, and that cannot be disputed. Although another big reason for relocation that started in 2008, was due to great foreclosure prices. Cities such as Dallas, and Bentonville have both seem dramatic drops in real estate prices, which is driving the people to purchase real etate in those cities. If you are not working with families whom want to purchase foreclosed homes, you are leaving a huge chunk of money on the table. One of the top discussions right now on RealTown and ActiveRain is in regards to boosting your business with foreclosures. Call us at...
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By Nicky Dean, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
Welcome to Rolling Acres Neighborhood located in Bentonville, Arkansas! Rolling Acres is a great Bentonville neighborhood with lots of trees, winding streets or rolling acres, and tons of character! The neighborhood has a community pool and playground and the neighborhood has get togethers during various times of the year including a Hayride/bonfire around Halloween with a cake walk and other fun things for both children and adults, Easter egg hunt, pool parties and "ladies night outs"... Rolling Acres is a great neighborhood located in Bentonville, Arkansas where the spirit of community is active and the neighbors actually 'interact".I have had the opportunity of selling many of the homes in Rolling Acres. I worked with the builders in Rolling Acres originally as I lived here. The home...
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By Caroline Huising
(Huising)
Price: $349,900 FIZBER.com ID 14318602 Single Family with 4 bed, 4.0 bath, in 10915 Easy Street Bentonville, AR, 72712 http://www.fizber.com/14318602/ 10915 Easy Street - For Sale By Owner Property Details: Type: Single Family Address: 10915 Easy Street, Bentonville, AR, 72712 Sq footage: 4083.0 Floors: n/a Bathrooms: 4.0 Bedrooms: 4 Year built: 0 View full property details and seller's contacts. View more Arkansas homes for sale. Homes for Sale by Owner. Description: Perfect for entertaining! Two-story home on 2.5 acres features in-ground pool, formal dining room, three fireplaces, two living areas, and covered porch. Kitchen features island with granite countertop and wood ceiling. Three-car garage. Small pole barn. More Photos:
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By Nicky Dean, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
Welcome to my blog - I am Nicky Dou and I am a Sr. VP and Executive Broker at Collier & Associates in Northwest Arkansas. I have been in the real estate business for over 20+ years and have worked for some wonderful companies including owning and operating a small boutique Real Estate company for 2 years. In a nutshell - I love what I do. I have helped many people relocate to Northwest Arkansas from so many different areas and have gained some wonderful friendships along the way. I am a lifelong resident of Northwest Arkansas and currently reside in Rogers - but the areas I work also include Fayetteville, Springdale, Bentonville, Bella Vista and the Beaver Lake area...   I have ranked in the top 1% of ALL Realtors in Northwest Arkansas since my 3rd year in the business. I was the #1 Rea...
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By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Welcome tp the Finest Fully Accredited Arkansas Online Real Estate School with the best prices available. Check out our website www.RowlettCareerSchool.com. Our passing rate meets or exceeds any other online course provider.  Get your Arkansas Real Estate License here.  http://www.rowlettcareerschool.com/ar-arkansas.htm   Home        FAQs       Career Info      Bookstore      General Info      About Us     Contact Us           Select a state below for approved courses    Online Real Estate Courses, "A mouse-click away." AL Alabama   MT Montana AK Alaska   NE Nebraska AZ Arizona   NV Nevada AR Arkansas   NH New Hampshire CA California   NJ New Jersey CT Connecticut   NM New Mexico CO Colorado   NY New York DE Delaware   NC North Carolina FL Florida *   ND North Dakota GA Georgia   OH Ohi...
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By Deana Smedlund, Executive Broker
(Lindsey & Associates Inc.)
Hello everyone, I wanted to share some motivational words with you today. In our sales meeting today our coach played the Facing the Giants movie for us. I have seen this movie before a few times but this is a movie that you can see over and over again and get something different out of it.  The movie is about a football team that defeats a much larger team than them but the story has many life lessons and can be applied to family, work and just every part of your lives. In Real Estate we many times face rejection, fears, successes and failures. This business is not for the weak and it's not for people who accept defeat. We as Realtors have to face giants as many people do in other professions and in their private lives. So anyone would benefit from watching this movie. This movie has b...
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By Donna Schoby
(Liberty Bank of Arkansas)
  Ready, Set, Stage! had the privilege of working on this beautiful home located at 4902 Ridge Mont Road, Bentonville, AR. This home is listed by Tara Cummings-Limbird www.TaraCummings.com MLS#585157 Listed for $319,900.00, 2550 s.f. 4 bedrooms and 3 baths, fantastic family neighborhood!  
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