About Pulaski County, AR

After many months trending in a positive direction for the Little Rock home sale market, for the second month in a row it has reversed and moved back. In fact a the end of January the number of sold homes was down almost 20% as compared to the end of December 2009. From the end of November sold homes for the target areas are down about 26% as compared to the end of November. As sales go down, inventories of homes for sale increased, up about 6% since the last month. These numbers result in the Absorption Rate ( time for all homes to sale at the present sales rate per month) has increased back up to over a 6 month supply and increases the Average Days on Market to 97 days.

There are some factors which should be taken into consideration. After the holiday season it is normal for it to take a while for the increase activity in the to show up in these numbers. Also even though the First Time Buyer Tax Credit was extended till the end of April, there seems to be a lull in its effect after November 30 the original ending date. Another factor that may have contributed to the slower sales is the bad weather in the form of rain, cold and freezing precipitation has not made it conducive for home sales activity. It will remain to be seen if this increase activity and the continued tax credit programs will put the market back on the positive tend it was on for many months in Little Rock. All other factors such as interest rates and level home prices seem to be the same to encourage a positive tend in the market. It will interesting to see in the coming months.

After months of a positive trend in the absorption rate of homes selling in the Little Rock area, the numbers show a slowing market at the end of December. All areas showed and decrease in number of sold homes and an increase in properties for sale on the market. Sold homes were down 6% and homes on the market increase by 8%. Looking at the numbers by price range. All price ranges slowed but the tend of the market below $400,000 being better than above that number continued to show a bigger gap. This change in the trend was to be some what expected since the holiday season is always the slowest time of the year for home sales. The absorption rate and days on market are still better than they were at the end of the first quarter of 2009. Most factors such as low interest rates, home buyer tax credits, and a good selection are still in place which helped to create the positive trend for most on 2009. Therefore it should be expected that the better sales will be seen again in January and the coming months.

What does this mean if you are thinking about selling your home or have it on the market at this time? It shows that it is till a very competitive market to get a home sold. The positive news is that there are still a lot of homes selling but you must be priced right,have it in excellent condition, and staged to show to sell. What we are seeing that homes meeting those conditions are selling way below average and those that are not take a long time to sale or do not sale at all.

Little Rock, Arkansas (Grassroots Newswire) December 9, 2009 -- EXIT Realty Deaton Group REALTORS collect food for local charities. Jason Machetta, Tamara Miller, and Lindsay Carter-Vick decided to go out and make a difference in their community by doing periodical food drives to collect food for local charities who provide necessary food for those in need. Local charities such as the Arkansas Food Bank will benefit from the drives. Their first drive was held at the end of November where the trio collected 295 pounds of dry and canned goods by going door-to-door in surrounding Central Arkansas communities. "We did this for the individuals in the community that have no opportunities to donate," said Tamara Miller. "We wanted to bring it to their front door to make it easier for participation," Jason Machetta adds. Scott Deaton, Broker/Owner of EXIT Realty Deaton Group commented, "this is an excellent way for our agents to provide a service to our local communities beyond assisting with their real estate needs. We support our communities, because our communities support us." Lindsay Carter-Vick states, "This is a way for EXIT Realty Deaton Group to give back to our community." The trio of REALTORS, along with other agents from the Little Rock EXIT office, are planning the food drives on a quarterly basis.

For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, Arkansas. Additional information is also available at www.WeAreExit.com and www.ExitRealty.com.

YTD Volume Increases 33% for 2009

Little Rock, Arkansas (Grassroots Newswire) December 9, 2009 -- EXIT Realty Deaton Group hosts Annual Christmas Party and announces agency's continued growth plus Agent Awards for 2009. EXIT Realty Deaton Group held its annual event to recognize its agent's success during 2009. Highlighting the event was the announcement that EXIT Realty Deaton Group experienced a 33% increase in production volume YTD for 2009 compared to YTD 2008. "This continued increase in our agent's success is directly attributed to the training and tools provided to all of our agents through EXIT Realty," states Scott Deaton, Broker/Owner of Little Rock's EXIT Realty Deaton Group. "Our office environment, one-on-one mentoring, professionalism of our agents, and the skills they develop through EXIT's Career Development plan enable our agents to provide exceptional service to our clients. We are extremely excited about having 30% production growth for two consecutive years," continues Deaton. Also announced at the annual event were the awards for Agent of the Year, Rookie of the Year, and Preferred Partner of the Year. Team EXIT consisting of Kristy Henson and Amber Burdett took home the 2009 Agent of the Year award. Kristy and Amber were recognized for their production, involvement and leadership within the agency, and for their positive contribution to the agency and their community. The 2009 Rookie of the Year award was given to Team Leggett consisting of the husband and wife team of Mark & Lisa Leggett. Both obtained their license in 2009 and are currently ranked within the agency's top producers with close to $2 million in production. The 2009 Preferred Partner of the Year award was presented to All American Title & Abstract of Little Rock. This award is handed out annually to a service provider who consistently supports the clients of EXIT Realty Deaton Group with exceptional service.

For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, Arkansas. Additional information is also available at www.WeAreExit.com and www.ExitRealty.com.