Rising Interest Rates and Property Costs Slow Lending Momentum
Homebuyers hit the brakes as high-priced properties meet the highest mortgage rates in 14 years. read more >
by Marty Cook -
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 -
UA Economist: Recession Talk ‘Little Bit Premature’
Despite dreary GDP and inflation numbers, Mervin Jebaraj found "significantly positive" signs in two sectors. read more >
by Marty Cook -
Record Number of Homes Sold in Northwest Arkansas, Report Says
The new high came despite a significant increase in the average sales price. read more >
by Marty Cook -
UA Economist Gives Tepid Forecast for Arkansas
Mervin Jebaraj believes several important industries will have a difficult time reaching pre-pandemic employment levels. read more >
by Marty Cook -
Speakers, Date Set for Business Forecast Luncheon
David Altig, executive vice president of the Federal Reserve Bank in Atlanta, will give the national forecast. read more >
Walmart and ‘Vendorville’ Just Part of Building Boom
While Walmart Inc.’s new headquarters in Bentonville propelled the value of commercial building permits to record highs during the first half of this year, the rest of northwest Arkansas generated its own sizable increases over the previous year. read more >
by Marty Cook -
Commercial Real Estate Absorption in Northwest Arkansas Highest Since 2012, Report Says
One factor was a significant uptick in warehouse leasing. read more >
Report: Housing Market Tightens, Prices Up in NW Arkansas
The average price of a home sold in Benton and Washington counties was $306,236, up 16.2% from the first half of 2020 when the price average was $263,461, according to the latest Skyline Report. read more >
by Marty Cook -
Surprise! City Sales Tax Receipts Rise, Defying COVID-19 Predictions
When the pandemic began devastating commerce in March 2020, Arkansas cities slashed budgets and tabled projects, fearing sales tax revenues would fall off the shelf. read more >
by Mark Friedman -
Transgender Laws Draw a Hot Spotlight
New restrictions on trangender minors have left the state a target of scorn and boycotts, and LGBTQ activists were calling the new legislation itself a hate crime. read more >
by Kyle Massey -
Report Shows Northwest Arkansas Office Vacancy Unchanged
The commercial real estate market remained strong in Benton and Washington counties in the second of 2020 during the COVID-19 pandemic, according to the latest Arvest Bank Skyline Report. read more >
Housing Trends in Northwest Arkansas Pits Popularity vs. Affordability
Northwest Arkansas leaders are concerned that the region's rising economic tide could leave many in the area vainly searching for an affordable home. read more >
by Marty Cook -
Northwest Arkansas Posts Record Home Sales
Northwest Arkansas had a record number of residential homes sold in the second half of 2020, according to the latest Arvest Bank Skyline Report. read more >
$15 U.S. Wage Plan: How Would Arkansas Fare?
Some in the hospitality industry question the timing of raising the federal minimum to $15, fearing added burdens could halt recovery from the COVID-19 pandemic. read more >
by Kyle Massey -
Liquor Store Sales Grow as Bar Drinks Fall
Tax collections show liquor store sales grew, even during the coronavirus pandemic, while mixed-drink sales plummeted. read more >
Can Malls Shake Off the Cobwebs?
A Jonesboro real estate broker is among those who sees a potential for malls transforming after the pandemic, with a silver lining possibly being local stores taking over chain space. read more >
by Kyle Massey -
Jebaraj: Pandemic Crimps Consumer-Driven Economy
The ninth annual "State of the Northwest Arkansas Region" economic forecast conference certainly had less flair and good news than in previous years. read more >
by Marty Cook -
Pandemic Collateral Damage? Small Firms
The COVID-19 pandemic has delivered a wallop to the country’s economy, but experts interviewed by Arkansas Business don’t expect too much lasting damage. There is a caveat, of course. read more >
by Marty Cook -
Jebaraj Gives Passing Grade to CARES Act
Mervin Jebaraj works at the University of Arkansas’ Walton College of Business so it is apropos that he has a grade for the federal response to the COVID-19 pandemic. read more >
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