Bentonville, AR Real Estate News

  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 ...
Comments 1
  Who says Northwest Arkansas real estate isn’t hopping?  Virginia’s Grove Subdivision  is one busy, bustling place. A great little subdivision in Bentonville With room for less than 25 homes, Virginia’s Grove is already half-way built out with 13 houses on the ground.  Located just south of highway 72 (central) in Bentonville, Virginia’s Grove is close to Wal-mart Home Office, Interstate 540, and many of Bentonville and Rogers’ restaurants and shopping areas.  Check out the map below. Virginia’s Grove offers quality new construction homes at near foreclosure prices without the hassle! Homes in Virginia’s Grove range in price from $185,900 for a 3 bed 2 bath with 1850 square feet up to $219,900 for a 4 bed 2 bath home at 2200 square feet.  There are also floorplans with 3 beds 2 baths a...
Comments 0
By Deana Smedlund, Executive Broker
(Lindsey & Associates Inc.)
Our president and CEO of the real estate company I work for shared a very important e-mail with us a couple of days ago. It was a Urgent Call to Action for us to get involved! It is not often that we have a chance to influence legislation as he stated. This amendment would have a positive impact on our business and boy do we need that. There is a provision for the Federal Government to buy-down mortgage rates to 4.5% or less for a 30-year fixed rate loan for the purchase of a primary residence. This would allow thousands of new buyers to be able to afford housing which would boost our economy. He also encourged us to call and voice your support of Amendment #353 to the Economic Stimulus Plan and state why you think a mortgage buy-down will help stimulate housing sales in your community ...
Comments 2
This is a quick review of one of my absolute favorite places for lunch in Northwest Arkansas.  Bentonville Butcher and Deli is a relatively new establishment that offers upscale grocery items and a nice selection of premium meats from beef and Italian sausage to stuffed chicken breast, fresh fish, and seafood.  They also have daily lunch specials that I get delivered by email every morning so I can plan my lunch accordingly. Mmmmm... You can sign up for their daily lunch special notices by email at 360Bentonville.com.  The lunch special consists of a hefty (I hope your hungry) portion of the main dish, 2 sides, and choice of a soda, water, or tea...all for under $7 bucks.  Beat that.  The main dishes I've personally had that I like are: Chicken Spaghetti Mexican Chicken Casserole Lasagn...
Comments 2
By Deana Smedlund, Executive Broker
(Lindsey & Associates Inc.)
   This is a quote that is well known and recently adopted by my broker.  She started to share this quote with us in meetings. If you really think about this quote you can apply to all areas of your life not just with real estate.  If we stop and wait or if we run and hide what are we really accomplishing?  You really have to face all things good or bad with an attitude that we might not be able to get around this but it is just a matter of working through it and finding ways to overcome it.  Challenges in life make us stronger, better people. My mom always said there is always someone that has it worse than you.  In this economy we need to reflect on how we got here as a nation and how we can improve it and make it better even if it is just one house at a time, one family at a time, on...
Comments 0
By Deana Smedlund, Executive Broker
(Lindsey & Associates Inc.)
Not all sellers are aware of how short sales and foreclosures can and do affect your credit score.  The bad news is that whether you are going through a short sale or foreclosure your credit will be affected in the same way. For example if you have a credit score of 680 before a short sale or foreclosure it will drop anywhere from 200 to 300 points depending on the overall credit.  Also in some cases a seller may be subject to a deficiency judgment for the difference in the loan amount and amount paid. The lender has the choice of doing this in a short sale or foreclosure. To further investigate if you are in danger of this happening to you contact a real estate lawyer to assist you. The good news is a consumer can normally buy a new home after a short sale within 2 years and 3 to 5 yea...
Comments 5
The housing market in Northwest Arkansas is being affected across the board from small single family homes and apartments to sprawling luxury estates.  Highly customized luxury homes - from Chuchhill Downs in Springdale to Pinnacle Subdivision in Rogers to Talamore in Bentonville - are sitting on the market, waiting for the right buyer and the right price.  Find out why these high-end luxury homes are known throughout the real estate industry as ‘White Elephants.' What's a White Elephant? According to Wikipedia, a white elephantis a valuable possession which its owner cannot dispose of and whose cost (and upkeep) exceeds its usefulness.  The phase comes from Burma, Thailand, Laos and other southeast Asian countries' Monarchs who kept the sacred animals as a sign of peace and prosperity ...
Comments 0
Every ten years since 1790, our government hits the pavement and counts every soul in the United States, District of Columbia, Puerto Rico, and the Island Areas.  This creates a need for thousands of new jobs across America, Arkansas, and Benton and Washington Counties.  In these tough economic times, I thought it my duty to give new jobs in Northwest Arkansas some exposure to help out my fellow Arkansans.  The U.S. Census Bureau is looking for 125 people in both Washington and Benton Counties to be part-time census takers.  The hours are flexible, pay is good, and the work is always close to home.  Why do we even have a national census? The United States Constitution (Article 1, Section 2) requires that everyone in the U.S. be counted at least once every ten years.  This number helps o...
Comments 0
Few builders prosper in up times and down.  Roth Custom Homes of Northwest Arkansas is prospering for the simple fact that they sell remarkably high quality homes at a minimum cost to home buyers.  Now Roth Custom Homes has teamed up exclusively with the newest EXIT office in the region, EXIT Pro Realty, to provide a great selection of new homes with a wide variety of locations, floor plans, and prices to meet the needs of home buyers in Northwest Arkansas. Roth Custom Homes all feature a number of key amenities that set them apart from the average home builder: Full granite counter tops Upgraded stainless steel appliances Seamless crown moulding Custom cabinetry Fully sodded yards Standard granite or slate entryways Along with 30+ additional features that make Roth Custom Homes the mos...
Comments 0
By Matthew and Sandy Jagmin, Marketing, Virtual Tours, Photography
(Brick Road Visuals: marketing, virtual tours, photography)
We went to the Christmas Parade in Bentonville on Saturday.  It was so cold, it really felt like Christmastime.      The elves stopped to make a balloon animal for a little girl near us.       Of course, what Christmas parade would be complete with out the Energizer Bunny, and Walkin in Weiner Wonderlands?         The Bryer's driver must have been playing hooky - he obviously didn't count on my sharp eye!         -------------------------------------------------------------------- Sandy Jagmin Brick Road Visuals Professional Virtual Tours in Northwest Arkansas www.BrickRoadVisuals.com
Comments 4
By Matthew and Sandy Jagmin, Marketing, Virtual Tours, Photography
(Brick Road Visuals: marketing, virtual tours, photography)
Boasting 25k sq ft of gallery space Crystal Bridges Museum of American Art will display American Art from the Colonial period all the way up to the 20th century. They have announced some of the works that will be part of the permanent collection: Hudson River School masterwork Kindred Spirits by Asher B. Durand; Charles Willson Peale’s 18th century painting of George Washington; Gilbert Stuart’s George Washington (The Constable-Hamilton Portrait); Portrait of Professor Benjamin H. Rand by Thomas Eakins; Spring, by Winslow Homer; Martin Johnson Heade’s Cattleya Orchid, Two Hummingbirds and a Beetle; and Marsden Hartley’s Hall of the Mountain King.According to the official website the museum will encourage regular visits by linking to local neighborhoods with walking trails. The grounds w...
Comments 4
By Nicky Dou, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
Bentonville, Arkansas...  View Larger MapLooking for new homes for sale in Bentonville, Arkansas? Nicky Dou has broken down all available New Homes in Bentonville For Sale by price range. If you would like to be notified of new listings via email - send an email to Nicky with your specific criteria including town, size of home, style of home, (new or old and how old), price range and any other info. that would be helpful for her to search and Nicky will set you up to receive listings just for YOU! email Nicky at nicky@nickydou.com or visit www.NickyDou.comCrystal Bridges          Founded by Alice Walton, Crystal Bridges is envisioned as a premier national art institution dedicated to American art and artists. Under construction in Bentonville, Ark., the museum complex will encompass app...
Comments 0
By Nicky Dou, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
About the Bentonville, Arkansas Area  Rich in history, blessed with stunning scenery, and offering wonderful opportunities for outdoor sports and recreation, Bentonville is a city on the move. Part of the vibrant Northwest Arkansas region that ranks among the fastest-growing in the US, this charming city of almost 30,000 draws deeply from its pioneer roots and Ozark heritage. Family-friendly neighborhoods and its intimate historic Downtown reflect the city's small-town and rural community values, yet Bentonville welcomes newcomers and supports business, and is full of excitement about the future.  Location  Bentonville is Benton County in the Ozark Mountains, in Northwest Arkansas. It is located at an elevation of 1300 feet in the gently rolling wooded hills and deep valleys of the Ozar...
Comments 2
By Nicky Dou, The BEST REAL ESTATE AGENT in Northwest Arkansas
(Collier & Associates)
Rolling Acres subdivision in Bentonville, Arkansas. A great place to call home. My family and I choose Rolling Acres because of the charm and character the subdivision has. Meandering streets, mature trees, great people and a community pool and playground are some of the reasons Rolling Acres appealed to us. My daughter loves playing on the playground and swimming in the summer with all of her neighborhood friends. If you have any questions regarding Rolling Acres please feel free to contact Nicky or Jerry Dou for more info. Nicky Dou 479.236.3457 Jerry Dou 479.236.0362 or visit www.NickyDou.com for additional info.
Comments 0
By Hal Kennelley
(The Kennelley Group Realtors)
Thought someone might find this interesting...  The first colum is the "Price range considered, next is the Average size of the homes, next you'll find the Average price per Sq/Ft, and last but not least the Average Days On The Market"    I will be posting the same figures for the first 6 months in 2008 after the first of July.  for more information on other towns in our area go to my web site at ...  nwaproperties.us and clivk on the Sold Information button on the left hand side and follow the instructions you'll find there.  Be Patient, you'll be loading a 23 page PDF File, but I think you'll be glad you did.Price Range$0 - $100451124$76.1397$100+ - $1502141394$90.90126$150+ - $2001261668$93.90142$200+ - $250952327$98.18151$250+ - $3001082613$105.78193$300+ - $350443105$105.67163$350+...
Comments 4
By Tommy Roark
(Exit Realty Northwest)
 Tommy RoarkRealtor  Professional Approach: Tommy Roark has become one of the most progressive and highly regarded REALTORS in NW Arkansas and SW Missouri Area by always putting his clients and customers needs first. Recently ranked in the Top 10 Listing Agents in the Tri-State area. Providing value and excellence in service highlights Tommy's trail of success. Tommy's vision and knowledge in representing his clients give them a competitive edge in today's real estate market. Community Involvement: True success can only be achieved through a balance of work, family and civic involvement. Tommy believes in giving back to the community and provides both time and monetary support for local charities. His altruism and long-term service and involvement to his community, family and friends mi...
Comments 1
By Devon Cerniga
(Coldwell Banker Faucette Real Estate)
Every month, the Market Report of Northwest Arkansas brings you the pulse of the residential real estate market.This free video is watched by thousands of interested brokers, agents, loan officers, appraisers, bankers, investors, and others interested in the real estate market.Our database goes back 27 years, long before Northwest Arkansas experienced its tremendous growth starting in the late 1990" s.This tool is produced by Paul Bynum, Director of Training, Coldwell Banker Faucette Real Estate.  We update over 15,000 records every month and produce 90 charts and graphs covering nine cities, both counties and the region. We know the real estate market.  Check this great tool out at my website at http://www.isellnwa.com/Thank You Paul
Comments 0
By Devon Cerniga
(Coldwell Banker Faucette Real Estate)
Congratulations!   If you have decided to purchase a home, or are thinking about buying one.  You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family.  When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours.  Over time, your home will increase in value. My website offers Free Reports, and a detailed Real Estate Market Report.  You'll find the information you need to make a wise buying decision.  We'll take you through the planning process step-by-step , to help you determine which home is right for you.  You'll find a host of informative articles on mortgages, viewing homes, the offer...
Comments 0