Friday, March 14, 2014

Jonesboro 2014 Real Estate Market Update



There are many great Jonesboro area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 870-847-SOLD for a FREE home buying or selling consultation to answer any of your real estate questions.

Welcome to my new real estate video blog. I wanted to take a moment of your time to let you know that twice a month I will be updating you on the real estate market in Jonesboro and I will also be answering questions from clients. My goal is to educate and inform you about local real estate so that our dealings together can be more successful.

I also want you to be aware that you can do a full MLS search of all the home listings in the Jonesboro, Arkansas area. You can also have your home evaluated for free if you're looking to sell your property.

Jonesboro Real Estate Update for 2014

  • There are 849 properties listed in Northeastern Arkansas, 474 of which are located in Jonesboro. This inventory is definitely a little lower than usual.
  • Because of this low inventory, the current market in Jonesboro is catering towards sellers. With less options out there for buyers, this means that sellers will be able to leverage themselves against this mild market and rake up more cash for their homes.
  • Interest rates are still very competitive. This is good news for the buyers because we're still experiencing historically low rates that are hovering right around 4%. However, towards the end of this year, they are expected to rise to nearly 5% or above. If you're looking to upgrade to a bigger and better home, then now would be the time to do so as rates are still very low.
Thanks again for taking the time to watch my market update. Don't forget to check out the MLS listings or the free home evaluation provided by my website. Once again, all these resources require no commitment and are free of charge. I hope that this update has been helpful. I'll be seeing you again soon!

If you'd like to contact me for any reason whatsoever, you can call me at (870) 847-7653 or email me at team@ericburch.com