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Real Estate

Home Sellers are Cutting List Prices as Spring Buying Season Starts With Higher Mortgage Rates

Some 14.6% of U.S. homes listed for sale last month had their price lowered, according to Realtor.com. That’s up from 13.2% a year earlier, the first annual increase since May. In January, the percentage of homes on the market with price reductions was 14.7%.

Real Estate Lawsuit Settlement Upends Decadeslong Policies That Helped Set Agent Commissions

Under the terms of the agreement announced Friday, the National Association of Realtors also agreed to pay $418 million to help compensate home sellers across the U.S.

$60M Luxury Student Housing Project Planned for Fayetteville

A resort-style pool, fitness room, pickleball and bocce ball courts are among the amenities planned for an off-campus student housing project in Fayetteville called Axis.

When the Old Stories No Longer Fit (Barry Goldberg On Leadership)

Trying on new ideas and “what if?” scenarios can keep a company from falling behind or becoming obsolete.

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Clark Contractors to Build $4.5M Field House at Lacey K-8 AcademyLock Icon

This week we feature a field house for a Little Rock school and a trio of million-dollar real estate transactions in Pulaski County. read more >
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$318M Makeover of Arkansas Children’s Campuses Set to Start This MonthLock Icon

The goals of the project include improving access to the campuses and the on-campus experience at the hospitals. The project also prepares the campuses to treat the sickest children. read more >
Real Estate / Banking & Finance / Industry

Banking on Change: Profit Proves Elusive For Two Out of Three Banks

A trio of banks that started 2023 with a quarterly loss meandered their way to mixed results at year’s end. read more >
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Prestige Transaction Registers $2.4M Sale (Real Deals)

A 22,400-SF auto facility in North Little Rock tipped the scales at $2.4 million. read more >
Real Estate / Banking & Finance

Average Long-Term US Mortgage Rate Declines to Levels Last Seen in Early February

Despite the choppy trajectory in mortgage rates this year, the average rate on a 30-year home loan is still down from the 23-year high of 7.79% it reached in late October. read more >
Real Estate / Investments / Public Companies

BSR Reports Falling Q4 Operating Income, Leadership Changes

The Little Rock-based real estate investment trust's initial guidance for 2024 predicts slower growth. read more >
Real Estate / Technology / Tourism

Airbnb is Banning the Use of Indoor Security Cameras at Its Listings

Airbnb had allowed the use of indoor security cameras in common areas, as long as the locations of the cameras were disclosed on the listings page. read more >
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US Inflation Up Again in February, The Latest Sign That Price Pressures Remain Elevated

Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%, the Labor Department said Tuesday. read more >
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Soledad O’Brien to Keynote 2024 Soirée Women’s Leadership Symposium

The event, set for May 2 at the Statehouse Convention Center in downtown Little Rock, will once again feature breakout sessions and panels led by industry experts. read more >
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How Do I Know If I Can Afford to Hire? (Sabrina Starling On Small Business)

It may be time to free up top performers by shifting lower-value activities to new team members. read more >
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Raney Building Buy Exceeds $2.8M (Real Deals)Lock Icon

GW1234 Investments LLC, an affiliate of Little Rock’s Good Day Farm, acquired the Raney Building at 3600 Cantrell Road. read more >
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Landmark Apartments in West Little Rock Sell for $38.9MLock Icon

This week's million-dollar deals contains apartments, warehouses and over 500 acres of land in Pulaski County. read more >
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SQRL Faces Financial Strain After Ambitious ExpansionLock Icon

A 210-store transaction in October has not been “seamlessly integrated” as predicted by CEO J. Blake Smith read more >
Despite other stores in the company, Sears is still open for business at the Simon Property Group's McCain Mall in North Little Rock.
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Former Sears Redevelopment in the Works at McCain MallLock Icon

The project is in the planning stages after a recent $2.3 million purchase by Anchor Realty Investments LLC, led by Alan and Jessica Bubbus. read more >
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US Employers Add a Surprisingly Strong 275,000 Jobs, a Sign of Continued Economic Strength

Last month’s job growth marked an increase from a revised gain of 229,000 jobs in January. read more >
Real Estate / Banking & Finance

Average Long-Term US Mortgage Rate Edges Lower for the First Time in Five Weeks

The average rate on a 30-year mortgage slipped to 6.88% from 6.94% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.73%. read more >
Real Estate / Business Services / Small Business / Technology

WhiteRock Opens Office at Little Rock Tech Park

The independent Salesforce vendor said the office provides a dedicated space for employees to engage with customers. read more >
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Junkin Construction to Build West Little Rock Mini Storage Site for $7.8MLock Icon

Mini storage, coffee shops and west Little Rock homes dominate this week's million dollar deals and construction. read more >
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Ace Glass Project Draws $5.7M Sale (Real Deals)Lock Icon

ARJV IV LLC, led by Chris Moses, purchased the 41,554-SF project at 3101 Dugan Drive from 3101 Dugan LLC of Salt Lake City. read more >
Real Estate / Banking & Finance / Education / Industry

Sterling Bank CEO Purchases Fayetteville Home from Ex-Razorback Coach for $1.2MLock Icon

Scott Spencer and his wife, Gale, paid $1.2 million for a custom-made 2019 home in Fayetteville. read more >