The dearth of available properties is propping up prices even as sales of previously occupied U.S. homes have slumped 21% through the first eight months of this year. read more >
Temple Baptist Church of Little Rock purchased the 7,931-SF project at 317 S. Shackleford Road from Anchor Realty Investments LLC, led by Alan Bubbus. read more >
Remote work and its effect on office use will require the continued need to “pivot.” read more >
Two long-standing pain points — workforce and high prices — worry Arkansas company leaders. read more >
This week's million-dollar real estate transactions and construction start off with a Little Rock mobile home park read more >
Last month, Attorney General Tim Griffin struck a deal with Moses Tucker Partners in a lease-purchase agreement for Little Rock’s Boyle Building. read more >
The transformative work of local developer Keith Richardson continues at the Little Rock office tower formerly known as the Bank of America Plaza. read more >
The trend is clear: A significant amount of remote work is still happening since the pandemic, and employers and commercial property owners are working to find the new normal for office space. read more >
This is the third consecutive week that mortgage rates have moved higher. The weekly average rate on a 30-year mortgage has remained above 7% since mid August and is now at the highest level since mid-December 2000, when it averaged 7.42%. read more >
The pace slowed 8.7% in August from the previous month to a seasonally adjusted annual rate of 675,000 properties, the Department of Commerce reported this week. read more >
States such as California, Florida and Louisiana, which are prone to wildfires and damaging storms and flooding, are likely to see the most dramatic increases in premiums. read more >
Some of the people paying closest attention to the birth of a lithium industry in south Arkansas are the landowners with mineral rights leased out for their underground brine. read more >
Club Car Cash has 13 other locations in operation or in development in Arkansas. read more >
Apartments, warehouses and homes form this week’s team of million-dollar real estate transactions in Pulaski County. read more >
A Walgreens pharmacy in uptown Fayetteville was purchased by Spectrum Link LLC. read more >
The eight-unit apartment building in the Hillcrest area of Little Rock was purchased by 4611 Woodlawn Properties LLC and Equity IRA LLC. read more >
The Combs family of Missouri doubled the size of its bank holdings with the purchase of Stone Bank. read more >
The average rate on the benchmark 30-year home loan rose to 7.19% from 7.18% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.29%. read more >
Existing home sales fell 0.7% last month from July to a seasonally adjusted annual rate of 4.04 million, the National Association of Realtors said Thursday. That's below the 4.10 million pace that economists were expecting, according to FactSet. read more >
The more measured approach to rate increases the Fed is now taking reflects an awareness among the officials that the risks to the economy of raising rates too high is growing. read more >
