Arkansas REALTORS® Association Releases April Housing Report
23 May 2011 - 15:10, by , in News Releases, No comments
Numbers Down Due to Severe Weather in State
            LITTLE ROCK (April 23, 2011) – The Arkansas REALTORS® Association released its April 2011 Housing Report this morning.  The report shows the number of homes sold in the 42 county area covered by the report were down 23 percent compared to the same month last year and that average prices for the month were down 2 percent.   Director of Communications for the Association, Amy Glover Bryant, attributes the decrease to the record amount of rainfall and severe weather the state experienced throughout the month of April and to the ending of the first time home buyer’s tax credit.  “As we anticipated the 13 days of rain and severe weather Arkansas experienced along with resulting flooding, damage to homes and major roads being blocked made a dent in Arkansas home sales.   However, it is a great time to purchase a home in Arkansas and mortgage rates are still outstanding.  The American dream of homeownership is still very much alive and buyers have a great inventory of homes from which to pick.”
For more information, contact:
Amy Glover Bryant, APR
Director of Communications
ArkansasRealtors® Association
Office:  501.225.2020
Wireless:  501.786.9415
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