After a year of a market that was not living up to our expectations, the builders have slowed the new starts, and the growth has remained steady.  Although it would be helpful to see even less new starts by builders, the slowing of new product hitting the market has allowed the steady growth in Northwest Arkansas to gain some momentum against the surplus of housing. 

With consistent growth in Wal-mart, a new minor league baseball team, and loud rumors of a drag racing track coming in the near future, real estate continues to look better.  No doubt the negative comments are still out there, home sellers would like buyers to move a little faster, and real estate agents would appreciate more sales; All-in-all the Northwest Arkansas real estate market does not appear to be getting anything but better.

In the past 14 days I have noticed a dramatic increase in the new contracts on higher priced homes (over $300,000).  There are consistent sales of homes priced between $175,000-$225,000, as a matter of fact, daily sales within this price range.  For those hoping to sell their currently listed home, every day offers a new opportunity.  It is now, more than ever, important to price a home correctly with the market, and make sure that your home is in perfect condition.  Buyers have choices, and typically they will choose location first, price second, and condition third.  Some buyers will rearrange the order a bit, but the average buyer will follow this pattern.

So remember, we live in one of the greatest places in America (OK the World), and a temporary change in the real estate market is nothing more than an opportunity to find a dream home at the right price.