It will be interesting to see if the volume of sales continues to climb after the Tax rebate goes away at the end of April. You might notice that even though the number of sales increased the price per square foot increased slightly over the preceding month but was well below the January amount. It was also interesting to see that the difference between the asking price and selling price became much closer together. I wonder, were the Realtor working on their listings harder or were the Sellers beginning to get serious about selling before the rebate went away?
If the Government actually does stay out of it the next few months are going to be interesting.
Hold onto your hats!
Hal Kennelley, Executive Broker
2009 First Quarter Residential Sales figures for the four County area of Northwest Arkansas.
Setting by your Computer and phone waiting for someone to call you back? If so Google... nwaproperties and give me a call and let me know what happened. You can call the number displayed on any of the links on the first page and reach me but you can only reach me on seven out of ten links on the second page, but I'll try to improve on that when i get a chance.
Watch for my Blogs on Localism in cities and towns throughout Northwest Arkansas as I will begin entering sales information for the first ten months of this year on different communities and targeted subdivisions throughout our area. If you find the information useful tell others. The more we actually know about our market conditions the better we can serve our clients. Towns I will be including marketing information on are; Avocca, Bella Vista, Bentonville, Cave Springs, Decatur, Garfield, Gentry, Little Flock, Lowell, Pea Ridge, Rogers, Siloam Springs, Springdale and Tontitown. I will also be including specific subdivisions in some of these towns and I hope to include sales information on Benton, Carroll, Madison and Washington Counties in Northwest Arkansas.
If you haven't been to any of my Marketing Blogs check them out when you get a chance as I will start dropping them off as newer information becomes available. Right now there are some links available that will let you know what has happened in our area by year since 2004.
Be sure and Google... nwaproperties and let me know what you think.
Hal
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First licensed in Arkansas in 1972 and have been active in the area since then. Our office is located near the world headquarters of Wal Mart Stores Inc., in the 5th fastest growing area in America.
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