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Fayetteville Arkansas Homes for Sale

by John Hagberg

Excuisite Country Estate Home on a gated 7 acre estate in prime NE Fayetteville! 2905 N Rom Orchard Rd Fayetteville, Ar. 72703   See video here: https://youtu.be/cDWkM3YJCMk   MLS # 1027113

Fayetteville Ar. Homes for Sale #NWA

Fayetteville, Ar. Homes for Sale!

Northwest Arkansas is a Great place to purchase a home!

by John Hagberg

Report finds it cheaper for most Arkansans to buy homes rather than rent

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Arkansas remains one of the less expensive places to live in the country. Even in Northwest Arkansas where median home prices rose 8% year-over-year, Irvine-based RealtyTrac notes that it’s still cheaper to purchase a home than rent.

A new RealtyTrac study found that purchasing a home was more affordable than renting in 291 U.S. counties – or 58% of all counties – including counties that are home to Chicago, Phoenix, Miami, Las Vegas and Detroit. Also included in those findings were the central Arkansas counties of Faulkner, Pulaski and Saline. The Fort Smith and Jonesboro metros were not included in the RealtyTrac report.


“Renters in 2016 will be caught between a bit of a rock and a hard place, with rents becoming less affordable as they rise faster than wages, but home prices rising even faster than rents,” said Daren Blomquist, RealtyTrac vice president. “In markets where home prices are still relatively affordable, 2016 may be a good time for some renters to take the plunge into homeownership before rising prices and possibly rising interest rates make it increasingly tougher to afford to buy a home.”The RealtyTrac study also found that rent is rising across much of the country at levels that exceed wage growth. Home prices also are rising at roughly twice the rate of wages, but some Realtors say home affordability is still possible in markets like Little Rock, Springdale and Fort Smith.

http://talkbusiness.net/2015/12/61158/

Fayetteville Ar Homes for Sale

by John Hagberg

 

Listed & Sold in 1 day! Remarkable Custom Renovation! 1321 N.Vandeventer! Fayetteville, ‚ÄčAr. Homes for Sale!

 

Fayetteville Arkansas Homes for Sale

by John Hagberg

Fayetteville Arkansas Homes for Sale 

Just Listed in Fayetteville! Remarkable Custom Renovation near Wilson Park, UofA Campus and Downtown Dickson St!

 

https://www.facebook.com/JohnSellsNWA/photos/pcb.923108801069300/923106987736148/?type=3&permPage=1

Should I Buy a Home Now?

by John Hagberg

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 1-5 of 5

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