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About Pulaski County, AR

Congrats Keller Williams Little Rock

Randy Sumbles: Real Estate Agent in Little Rock, AR

Arkansas Business reports the top 10 Real Estate Companies in Arkansas. Of the top 10 Keller Williams is one of 2 companies that reported sales gains over the previous year. Dana Powell, broker for KW, attributes this increase to the training at KW and learning how to sell in a shifting market. It takes skill based agents to succeed.

Three of the top teams in the state are at KW Little Rock. Roddy McCaskill Team is ranked #4, Neoma Rowell Team is #10 and The Sumbles Team is #11.

Call The Sumbles Team at 501-960-4111 or visit our web at www.TheSumblesTeam.com

Little Rock Arkansas Monthly Trends Report for June Shows Increases in All Areas

Rusty Armstrong: Real Estate Agent in Little Rock, AR

The market for homes selling in Little Rock most active areas show increases in the number of sales for 6 months in all areas that are followed except for the Jacksonville which was down. The areas of Little Rock without Cabot and Jacksonville increased by 11%. There was also an increase of number of listings that are on the market for sale, up 31%. So even though sales were up the Absorption Rate and Average Days on the market increased in all areas accept for the Chenal and west Pulaski County area which decrease. Even with this decrease this area remains with the highest Absorption Rate but still good news for that market.

What does this mean for buyers and sellers in our area? I think it shows that buyers are becoming more confident and are becoming more active. The number of homes on the market increasing is because of a lot of factors probably. Seller's seeing more sales are more confident to put homes on market, employment changes in our market, and a normal time of year when listings increase are all factors that may have contributed to the increase in listings. The trend had been down for active listings till this month. If this is a trend or just a one month adjustment will need to be followed at the end of July.

Absorption Rate Through June 2009

MLS Solds Avg. Solds Active Abs. Rate Aver Days
Area 6 Mos. Per Mo Listings in Mos. on Market
Maumelle 181 30.17 167 5.5 83
Area 10 NLR 101 16.83 101 6.0 90
LR Area 5 158 26.33 159 6.0 91
Sherwood 219 36.50 221 6.1 91
LR Area 7 276 46.00 291 6.3 95
Area 11 NLR 107 17.83 141 7.9 119
Otter Creek 57 9.50 80 8.4 126
LRArea 3 100 16.67 142 8.5 128
LR Area 17 135 22.50 242 10.8 161
All Areas 1334 222.33 1544 6.9 104
Last Month 1197 200 1178 6 89
Cabot 416 69.33 463 6.7 100
Jacksonville 128 21.33 193 9.0 136
All w/C&J 1878 313.00 2200 7.0 105
Chenal only 81 13.50 134 9.9 149

EXIT REALTY DEATON GROUP ANNOUNCES NEW REALTORS

Laura Roussel: Real Estate - Other in Searcy, AR

New Agents Expand Consulting Team

Loweeda Haymen, Bobbie Davis, Steve Holmes, Latashia Rose, Keith Hills, & Angela Donohue, have recently joined EXIT Realty Deaton Group in Little Rock after transferring from other local area agencies.
"We're excited to welcome all of these experienced agents to EXIT Realty Deaton Group," says Scott Deaton, Broker/Owner of the Exit Realty Deaton Group at 11300 Financial Centre Parkway, Little Rock. "EXIT Realty is growing and attracting top producing agents like these each and every day."

This group of REALTORS brings many years of real estate experience to EXIT Realty Deaton Group, and they are looking forward to continuing their service to the communities throughout Central Arkansas.

"I am excited about the opportunity that the EXIT Realty Deaton Group provides to me and my family.," Rose said. "It is wonderful to be working for an agency and a broker who are focused on my success."

EXIT Realty Corp. International boasts over 1300 franchises sold and over 50000 agents recruited across North America. EXIT Realty provides sales associates with residual income over and above their own transactions and an enhanced retirement and beneficiary benefit; all of which have been unheard of in the real estate industry until now. 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, AR 72211.

2009 HOMEBUYER & SELLER EXTRAVAGANZA!!!

07-01-09
Kevin Riley
Kevin Riley: Real Estate Agent in Little Rock, AR

This is your opportunity to find out how you can own a home! Already own a home? Find out what your home is worth in todays market and get tips on how you can get your home SOLD! Find out about the $8,000 tax credit for first time homebuyers!!! Think you may qualify? Let's see!!!

Some Little Rock Homes Selling Fast

Rusty Armstrong: Real Estate Agent in Little Rock, AR

Yes, many homes are selling fast when they hit the market here in Little Rock, but a lot of homes are taking much longer to sell. This gap between those that are selling fast and the slow sellers has expanded in this market. The residential market has become a competition of price and condition that you either win fast or lose. The homes that are priced fairly and in good condition are selling in under 30 days most of the time. The homes that are overpriced for this market either because of the condition or a seller that will not meet what the market expects for price or either sitting till the price is right or not selling at all. Sellers must realize that buyers set the market for what a house is worth. The seller needing a certain amount or just wanting a certain amount does not effect what buyers will pay for a property. Buyers understand looking at what comparable homes have sold for to decide which homes are the best values. These facts make it very important that sellers get good advice on where other homes are selling for and on getting the home ready to market. Good advice can effect how quickly the home can be sold and even more importantly the bottom line.