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Rusty Armstrong
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Chenal Valley Real Estate Blogs

Rusty Armstrong
If you’ve been on the fence about moving into a bigger home, jump off! But make sure you have the right person to help you land softly. Lower prices, more available homes and the exciting new $6,500 federal tax credit for qualified move up buyers ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Sales for the six month period from June 1 through November continue to increase each month. Average days on the market for the target areas has drop to 64 days down from 77 days at the end of October. For the first time every area showed improving numbers ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The absorption rate and average days on the market improved in all areas except west Pulaski County and Chenal, along with Otter Creek. Of the eleven areas that are look at all but three are at or under a 6 month absorption rate and at or under 90 days ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
$8,000 First-time Home Buyer Tax Credit Major Points: The $8,000 tax credit is for first-time home buyers only. For the tax credit program , the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
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Posted:byRusty Armstrong
Rusty Armstrong
Marlowe Manor, Little Rock - We invite everyone to visit our open house at 1517 Jennifer on October 11 from 2:00 PM to 4:30 PM . Property information  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The residential sales trends for the Little Rock, Arkansas area continue to move every slowly in a positive direction in most all areas at the end September. Homes that are in good condition and price right are selling in a reasonable time.. Supply continues ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Home with a view. • 3,517 sq. ft., 3 bath, 3 bdrm 2 story "Traditional" - MLS® $309,500 Overlook, Little Rock - Need more space? You must check out this house! This home is loaded with space. Approximately 1000sf of unfinished space ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The Arkansas REALTORS Association report of September 14th shows that the average list price on homes continues to slide slightly and the number of homes listed has increased over last month but are still below the highs reached this year. Here in Central ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The Market Absorption Rate continues to move down at the end of August in almost all areas. Out of the eleven areas that are followed in the Little Rock area all but 4 have a listing inventory of under six months and a average days on market of 90 days ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Updated home in Hall High Area • 1,923 sq. ft., 2 bath, 3 bdrm single story "Traditional" - MLS® $189,000 - Priced to sell Hall High Area, Little Rock - If you are looking for a single level home in a great neighborhood this could be ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The trend of increase sales in the Little Rock area in a 6 month period continues for the second month at the end of July. Sales were up 17% over the 6 month period ending in June. Sales were up in every market area. The number of properties for sale also ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The market for homes selling in Little Rock most active areas show increases in the number of sales for 6 months in all areas that are followed except for the Jacksonville which was down. The areas of Little Rock without Cabot and Jacksonville increased ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
You are thinking about buying a home or ready to by one, getting approved for a loan is a good first step.Talking to a mortgage company and making application for loan approval can make the buying process much easier.You know for sure you can get a loan ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Yes, many homes are selling fast when they hit the market here in Little Rock, but a lot of homes are taking much longer to sell. This gap between those that are selling fast and the slow sellers has expanded in this market. The residential market has ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Pine Valley Estates, Sherwood - Announcing a price reduction on 8930 Williams Drive, a 2,480 sq. ft., 2 bath, 3 bdrm 1 1/2 story "Country style with great front porch.". Now MLS® $237,500 - Home with 7 acres.. Property information  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
In these reports we have been looking at the Absorption rate on home sales by area. Today I looked at how sales were doing by price range. The most active price range is below $300,000. First Time Buyer Tax Credit, FHA and VA loan limits contribute to ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
This monthly report has been tracking the home sales trends in the most active areas of Little Rock, North Little Rock and Maumelle. Each month it looks at the number of sold properties in the past 6 months and using that sales rate to see how many months ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Homes continue to take less time to sale in the most active areas of Little Rock. At the end of February the sales rate to sale all homes on the market was 8.5 months and an average market time of 126 days. At the end of April these numbers have gone down ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The number of homes selling per month in the Little Rock area increase from the end of February to the end of March in most areas, but the number of listings on the market also increased. So for sellers it remains a very competitive market. The areas with ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
At our team meeting today I plan to discuss a wide range of topics. We will fact that our March sales increased over February and January and how we can keep it going. Update on how our leads from the internet marketing and CARTUS are coming in and our ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
My rant for the day. Why are agents still putting homes on the market with no pictures are just one? Just this morning out of 18 new listings that came up 9 had no pictures and the was one with just 1. Some of these will not have pictures for a week. What ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
The Little Rock Area home markets vary in sales rates from an average days on market of 90 days to a high of 255 days. Maumelle and the area of Little Rock from University Avenue to I-430 areas seems to be two of the best areas to sell a home over the ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
There are many things that can be looked at to evaluate the strength of the real estate market in an area but one that many economist and market readers use is the Absorption Rate. This is determined by looking at the numbers of homes that are selling ...  [Read More]
Posted:byRusty Armstrong
Rusty Armstrong
Even though all you hear is doom and gloom in the media, people are still buying and selling homes in the Little Rock area. Proof is the outstanding production of our team. Leading our team in production are Gail McRae, Pegie Larrison and Jerry Hill with ...  [Read More]
Posted:byRusty Armstrong

Blog Posts In Chenal Valley

Areas A-Z
  • Aberdeen Court0
  • Avignon Court0
  • Bascom Place0
  • Bayonne Place0
  • Bretagne Court0
  • Bronte Court0
  • Chalamont Place0
  • Challain Place78
  • Champagnolle Court78
  • Chemin Court0
  • Chenal Circle0
  • Deauville0
  • DuClair Court0
  • DuQuesne Place0
  • Epernay Place0
  • Fontenay Circle0
  • Germay0
  • LaMarche Place78
  • Margeaux Place0
  • Sologne Circle0
  • The Arbors0
  • The Courts0
  • The Estates0
  • The Maisons0
  • The Oaks0
  • Witry Court0