Fayetteville, AR Real Estate News

By Judy Luna, Technology with a Personal Touch
(Keller Williams Market Pro Realty)
The housing market in NW Arkansas has slowed some, following national trends as well as experiencing a seasonal slowdown (there are always fewer homes sold in the winter--and we've had a lot of cold weather lately--until the past week, that is).In mid-February the 4th Quarter 2006 Skyline report was released with some good news as well as less-good news (depending on whether you live in Benton or Washington County). The good news for Benton County, according to Kathy Deck, Interim Director for the Center for Business and Economic Research at the U of A, is that building permits have "fallen off a cliff", that is decreased significantly. That was something that had to happen, given the oversupply of homes in Benton County, especially in the higher price ranges. There is still an oversupp...
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