The State of the Market for Buyers in Arkansas

Is it still a buyer’s market today in Arkansas? As experts in the Arkansas real estate market, we get asked this question a lot.

The answer isn’t as simple as yes or no.

The State of the Market for Buyers in Arkansas

The State of the Market for Buyers in Arkansas

First off, it really depends on the property type and location.

Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns.

Buyers are often looking for the same thing – good neighborhoods, access to transportation, shopping, good schools, close to work, etc. Properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market.

But for condos and townhouses – especially those a little off the beaten path, or with some funky features – it can be quite a different story. Prices were down in certain areas of Arkansas, but seem to be rebounding as the rental market increases.

Investment properties are in demand. The massive amounts of foreign cash flooding in to invest in US real estate have impacted the Arkansas market in unique ways.

Overall, those people in a position to pay cash for properties have been picking up the good deals in the marketplace.

Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out.

Financing is still a major obstacle for buyers. Banks are being incredibly strict, requiring lots of money down and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago.

Overall the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle.

Sound confusing? It is. But We Can Help.

There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once.

We’re investing in Arkansas because we believe in the community and the people here.

If you need to sell a property near Arkansas, we can help you.

We buy properties like yours from people who need to sell fast.

Give us a call anytime (501) 369-0365 or fill out the form 
over here today if you’re looking to sell an Arkansas house fast!

Cities in Arkansas where We Buy Houses

Alexander – We Buy Houses Alexander
Austin – We Buy Houses Austin
Beebe – We Buy Houses Beebe
Bella Vista – We Buy Houses Bella Vista
Benton – We Buy Houses Benton
Bryant – We Buy Houses Bryant
Cabot – We Buy Houses Cabot
Conway – We Buy Houses Conway
Fayetteville – We Buy Houses Fayetteville
Fort Smtih – We Buy Houses Fort Smith
Hot Springs – We Buy Houses Hot Springs
Jacksonville – We Buy Houses Jacksonville
Jonesboro – We Buy Houses Jonesboro
Little Rock – We Buy Houses Little Rock
Maumelle – We Buy Houses Maumelle
North Little Rock – We Buy Houses North Little Rock
Paragould – We Buy Houses Paragould
Pine Bluff – We Buy Houses Pine Bluff
Rogers – We Buy Houses Rogers
Russellville – We Buy Houses Russellville
Searcy – We Buy Houses Searcy
Sherwood – We Buy Houses Sherwood
Springdale – We Buy Houses Springdale
Texarkana – We Buy Houses Texarkana
Van Buren – We Buy Houses Van Buren
West Memphis – We Buy Houses West Memphis
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