Real estate agent Aimee Long of McKay and Co. on Thursday shows Michael Taylor a condo for sale in Andover Square in Little Rock.
Photo by Staton Breidenthal
For the second consecutive month, the lure of a federal tax credit has helped propel Arkansas home sales to a double-digit percentage increase.
Sales of previously owned and new homes rose 24 percent in October compared with a year earlier, the Arkansas Realtors Association said Thursday. That follows a 10 percent increase in September. July’s performance was the only other month in nearly four years to show an increase as Arkansas and the rest of the nation climbs out of a protracted housing slump.
The average price of homes sold statewide in October fell 3 percent compared with a year earlier, to $139,139 from $143,476.
Northwest Arkansas saw the best of the housing market boom and has ...
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Front Section, Pages 1 on 12/04/2009
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