Home Buying

Here Are Some Open House Red Flags

An open house is always exciting; after all, you're taking your first look at what could be your new home! Although it can be easy to overlook small defects when the house seems to otherwise fit your needs, some issues can indicate that much larger problems are lurking. Keep reading to learn about four open house red flags and what they could be hiding.

Arkansas Is #3 in Affordability for Millennial Homebuyers

Millennials are already the largest generation of home buyers in the U.S., spending a collective $514 billion on home purchases in the last year; however their ability to buy varies dramatically from state to state. Recently, GoBankingRates.com compiled a ranking of all fifty states based on how affordable their housing market was for those age 25-34. The results showed that Arkansas was the third most affordable state in the U.S. for these young buyers!

Save Money, Buy in Arkansas

While some states are full of homes that are prohibitively expensive (I'm looking at you, California), Arkansas offers some of the most affordable housing stock in the country! In fact, data from the U.S. Census Bureau’s 2015 American Consumer Survey shows that Arkansas was one of the three least-expensive states in terms of home prices in that year. Coupled with inexpensive land, this makes Arkansas a great place to put down roots!