Arkansas REALTOR Association Reports on Home Sale Market as of Sept. 14
The
Arkansas REALTORS Association report of September 14th shows that the average list price on homes continues to slide slightly and the number of homes listed has increased over last month but are still below the highs reached this year. Here in Central Arkansas the list price number has remained level for a few months and so has the listing inventory. In their post about this report the REALTORS point out the importance the First Time Buyer Tax Credit has had on these numbers and the market. The most active price range has been around $150,000 and below, which is the prime first time buyer market. Our reports on
Absorption Rates in the Little Rock area shows positive trends in the Little Rock area for average days on the market.
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About Rusty Armstrong
Broker Owner of ERA Armstrong Team, REALTORS in Little Rock, Arkansas. After teaching and coaching in Texas, I enter real estate with my father-in-law Sam Reynolds in 1978. I work as a sales agent, sales manager, and broker for companies till starting The Armstrong Team, REALTORS in 1994 with business partner Jerry Ann Hill. We affiliated with ERA Franchise System 6 years ago. I have been active in the REALTORS Associaion and I am a past president of the Little Rock Board and local MLS. I have been active teacher and trainer of agents for over 20 years.