housing
Northwest Arkansas Cities Join Forces to Manage Growth
As northwest Arkansas adds dozens of residents a day, cities like Pea Ridge and Centerton are joining regional efforts to tackle wastewater, housing and infrastructure challenges. read more >
by Kyle Massey -
Northwest Arkansas by the Numbers, Shooting Up
The region is growing by 266 people per week, with Centerton and Pea Ridge leading the state in population growth. read more >
Flats at SoMa: VA Hospital-Turned-Housing Redevelopment Set to Open Summer 2024
Pace Burt’s 11-story Flats at SoMa is set to open this spring in the old Veterans Affairs Hospital in Little Rock. read more >
by George Waldon -
Wall Street Bets on Better Days Ahead for US Homebuilders
KB Home, PulteGroup and Tri Pointe Homes are among more than a dozen U.S. homebuilders whose stock price is up by more than 20% this year. read more >
by Associated Press -
Mortgage Rates’ Rise Has Led to Wide Gap With US Bond Yields
This spread has historically averaged around 170 basis points a month, but between March and October it averaged about 240 basis points. read more >
by Associated Press -
D.R. Horton to Acquire Fayetteville Home Builder for $107M
The cash deal for Riggins Custom Homes includes about 3,000 lots, 170 homes in inventory and 173 homes in sales order backlog. read more >
‘Zombie Debt’: Homeowners Face Foreclosure on Old Mortgages
Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all. read more >
by Associated Press -
Relocated Tyson Execs Could Be $250M Boon to NWA
The regional economic impact would include additional jobs in health care, education and construction. read more >
by Marty Cook -
With Population Growth Not Slowing, ‘Hard Choices’ Needed Soon in NWA
New figures show 5% growth in just the past two years, presenting strains — and opportunities — for the region. read more >
by Marty Cook -
Skyline Report: Commercial Real Estate Vacancy Tightens in NWA
While space is getting harder to find, commercial building permits dropped in the first half of 2022 compared to the previous year. read more >
Mortgage Rates Hit 6%, First Time Since 2008 Housing Crash
The long-term average rate has more than doubled since a year ago. read more >
by Associated Press -
Report: Home Sales Down, Prices Up in Northwest Arkansas
The latest Skyline Report found that the pace of new construction in the region slowed because of supply chain issues. read more >
by Marty Cook -
Military Families’ Housing Benefits Lag as Rents Explode
Reports of the housing squeeze that military families are feeling has alarmed members of Congress who are pushing legislation that would force the Department of Defense to rethink how it handles housing. read more >
by Associated Press -
US Home Sales Fell Again in July as Housing Slowdown Deepens
The slowdown in sales was most pronounced in the Western part of the country, home to some of the nation's most expensive housing markets. read more >
by Associated Press -
Bank of America CEO: Struggling Americans Feel They Are in a Recession
Brian Moynihan cited two major issues negatively impacting average Americans — gas prices and rent — as reasons to be concerned. read more >
by Associated Press -
US Key 30-Year Mortgage Rate Jumps Back Over 5%, Now 5.22%
Last week the 30-year rate fell below 5% for the first time in four months. read more >
Little Rock Region Saw Post-COVID Housing Boom, Report Says
Housing starts in the region hit a 14-year high. Meanwhile, affordability remained among the best in the nation, according to Metroplan. read more >
‘Crisis of Success’ Spurs New NWA Council Strategy
A report provides five areas of focus, including talent retention, to help the region now that it has reached an inflection point. read more >
by Marty Cook -
US Inflation Hit a New 40-Year High Last Month of 8.6%
Behind the surge is much higher prices for food, energy, rent, airline tickets and and new and used cars. read more >
by Associated Press -
Labor Challenges, Bargain Housing Noted in Report on Little Rock Region’s Economy
Job growth is running at a slightly slower pace than the national average, but the region has advantages in other areas. read more >