IT IS A SELLERS MARKET
Sometimes real estate moves slow and other times fairly fast. Most recently it had been a Buyers market but we pretty quickly moved into a Sellers market. The primary reason is that we have a lack of good inventory in our Bella Vista market. We do have more buyers than we have homes to show them. Home prices have gone up and and may continue to do so slightly The Bella Vista market is still below Bentonville and other northwest areas. But yet, we are still “The Best Kept Secret in the USA.”
At a recent meeting where Travis Stephens, the Economic Development Director of Bella Vista gave a talk, he said that we now have a population of 30,000 plus folks. Building permits are on the rise. All good signs. The Fed has raised interest rates but still a great bargain. It is summer and NOW is the time sell. Give us a call for updated information on your home. Take advantage of the weather, the business cycle and the fact that people are wanting to move into our wonderful town.