Rogers Real Estate Market - View Rogers Real Estate Market Trends in Arkansas

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Rogers and surrounding areas. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 479-236-4784
Average Home Price	$150,000 - View Graph Trend

Average Price Compared to Last Year	Down 5-10%

Average Time on Market	60-90 days

Best Selling Price Range	$100,000 - $149,000

Worst Selling Price Range	$400,000 - $449,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Rogers is	Increasing

Seller Activity for the past 90 days in Rogers is?	Increasing

Multiple Offers?	No

Multiple Offers Commentary	I've had several properties in the Centerton area listed and I have received multiple offers on them ~ but they are short sales and are priced under market about 10%. Foreclosures are also seeing multiple offers because of the prices being low to move them off the banks books. You can get some great properties right now that are move in ready as foreclosures and short sales. Owner occupants also are making huge concessions to offset the buyers closing costs which makes them equally competitive in this market because foreclosures and short sales can't always provide closing costs for the buyer.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	35-40%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	There are some great programs still available for financing. Interest rates are still low and that's what buyers need to see and understand they can get some great deals on properties right now and get great rates too! Its a total win - win!!!

Housing Inventory	Good supply - Some Prices

Inventory Comments	There are alot of great homes that are moving not only from owner occupants but thru bank foreclosures and short sales. Some foreclosures and short sales are newer homes only 2-3 years old. Buyers who take advantage of this current market will be the ones to reap the benefits of nice equity when the market turns around again. I feel the market overall is stabilizing in the NWA area so buy low now and in the future sell high!

Greatest Activity	First Time Buyers

Reason to Buy/Sell	Population Growth

Nearest Metro Area	Fayetteville AR

Housing Hot Spots	The market is steady in Benton county including cities such as Rogers, Centerton, Bentonville and Bella Vista.

Average Sold Price	$150,000 - View Graph Trend

Rogers Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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