Much happened in January, a presidential inauguration, a tough economy, a slow realization by the American public that we’re not quite out of the woods yet. As the coldest of winter slides behind us so to does the worst of housing crisis, or so we hope. Foreclosures made up a fair percentage of property sales in January as evidenced by the numbers. Below is the January 2009 Northwest Arkansas home prices and market report from EXITrealestate540.com, Bon Appetito. Northwest Arkansas Home Prices There are currently some 5500 homes listed for sale in northwest Arkansas with an average Days on Market of 176. It looks like 208 properties sold in the month of January and 277 went pending. The fact that the number of homes pending is higher by a third than the number of homes sold is a ...
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