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But for a simple twist of fate this exquisite example of new construction were to have never been offered to the public. This project of a prominent...
Custom built home designed for energy efficency by an experienced heat & air specialist/HVAC company owner. Beautifully landscaped front yard...
Elegant entrance to this level luxury beauty welcomes you home. The best of both worlds, down the street from Ponce de Leon Golf Course, yet private...
Beautiful custom home well appointed in a cul-de-sac w/a seasonal lake view, common properties to the water in the back & a level front yard w/a...
Beautiful Golf Front Home w/attractive curb appeal & spacious level driveway. Newer built home features 10' ceiling, airy vaulted ceiling...
Beautiful, well-built, conveniently located near yet has a stand-alone refreshing setting. Spacious driveway provides abundant parking space. Great...

CENTURY 21 H.S.V. Realty's Blog

By the Numbers: October's Housing Market

Recent trends in the nation's housing market, such as rising interest rates, a lack of inventory, and low affordability, have together contributed to a minor slowdown over the course of the last several months. Although these issues aren't exactly fun, it is important to remember that they represent a needed correction to the unsustainably high rate of home price growth which had been ongoing in many cities across the country. With that being said, the National Association of Realtor's October report on existing-home sales reveals some reasons to be hopeful about the housing market's trajectory. Keep reading to learn about October by the numbers!

For Sale by Owner Transactions Fall to All-Time Low

Sellers sometimes decide to handle their home sale on their own in order to avoid paying a commission, a type of real estate transaction known as For Sale by Owner (FSBO). Of course, readers of this blog will know that FSBO generally results in little to no financial benefit for the seller, as the lack of commission is offset by a reduction in sale price. In fact, once you consider the significant amount of time and stress that goes into selling a home, hiring an agent for a neutral net profit seems like a no-brainer. Luckily, the 2018 edition of the Profile of Home Buyers and Sellers shows that home sellers are paying attention, as the proportion of FSBO transactions fell to a new record low this year!

Arkansas Averages Some of the Smallest Down Payments

Potential home buyers consistently regard saving for the down payment as one of the greatest barriers to buying a home, and who can blame them? Although the exact dollar amount required up front by the lender depends on the type of mortgage and purchase price, buyers generally need to come up with several tens of thousands of dollars in order to take out their home loan. Of course, as is true with any statistic, there is a wide range of averages observed across the nation's fifty states, and both down payment amounts and percentages follow this rule. With that in mind, LendingTree sought to determine which state's mortgage borrowers were offering up the largest and smallest down payments in Q3. They found that Arkansas buyers paid some of the smallest amounts up front, both in dollars and as a percentage.

Hot Springs Village Resort

Hot Springs Village, a recreational resort community in Arkansas' Ouachita Mountains, near Lake Ouachita National Park, is the largest gated community in the U.S. encompassing 40.7 square miles.

Hot Springs Village offers year-around golfing at 9 professionally designed golf courses, 15 professionally surfaced tennis courts, fishing, boating, water-skiing, and swimming in 11 pristine recreational lakes, over 20 miles of walking trails, 200+ clubs and fraternal organizations, and many more activities for all ages.

The Hot Springs Village lifestyle has attracted people from all 50 states and numerous countries around the world. Homes in Hot Springs Village vary from very affordable townhomes to affluent waterfront retreats, with an average sale price of approximately $180,000.

When compared to other full-service resort communities, Hot Springs Village fares as one of the most affordable places to live in the country!  Come vacation in Hot Springs Village . . . you just may decide to stay for a lifetime!