The Gadberry Group recently released a report naming the fastest growing cities in Arkansas for 2009. Maumelle, Bryant and Conway respectively were the top three cities in the state.
In the past decade, Conway has seen exponential growth topping 30% and has also earned the desingation as one of the most educated cities in the state with over 36% of residents earning a Bachelor's degree or higher according to City-Data.com.
The Arkansas Democrat Gazette quoted Larry Martin, a principal with the Gadberry Group, "For years, Conway was known as a bedroom community to Little Rock but that no longer is the case. Conway landed one of the largest economic development projects in the state in 2008, Hewlett-Packard's $28 million customerservice and technology center, which will employ 1,200 by 2012."
The Log Cabin sat down with Mayor Tab Townsell after the report was released. The Mayor said “We’re trying to grow into the city we wish to become and not just grow out of the city we were in love with. In other words to build smart, to build fine parks, build better roads and bike trails and continue to grow in our police and fire safety forces. They keep our city safe, and that is what is going to dictate whether or not we are a good place to live as we grow. Now Conway is an independent area. "People now are going from Little Rock to Conway to work.”
Brad Lacy, President and CEO of the Conway Area Chamber of Commerce also weigned in on Conway's standing with The Log Cabin. “Conway has felt like an island in the storm. We have been so fortunate to maintain growth in this climate. I think it’s due to our diverse and fundamentally sound local economy.”
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc. today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
Monday, January 11, 2010
Friday, January 8, 2010
Casino Night Time!
For the past seventeen years, Century 21 Dunaway & Hart, Inc. has chosen to give back to the community which it serves. It all started when Pete Hart and a group of dedicated Real Estate agents decided to make a difference. They started the first of many Casino Nights and donated all the proceeds to Easter Seals Arkansas. This amazing group of driven individuals paved the way for us to continue there work and here we are almost two decades later doing just that.
So many times, we get so wrapped up in our daily routines that it is difficult to stop and reflect on helping others. Casino Night is our chance to do just that. I especially love that Casino Night is nestled between Christmas and Valentine's Day: two holidays that create the perfect opportunities to give to our families and friends. Casino Night lets us give to people who we may not know but who are so incredibly deserving.
Easter Seals Arkansas is an exceptional organization whose mission is to provide services to ensure that all people with disabilities or special needs have equal opportunities to live, learn, work, and play in their communities. The success of their mission can be seen through the children’s’ faces in the collage I have created below.
The 18th annual Pete Hart Memorial Casino Night will be held Friday February 12th at The Knights of Columbus Hall located across from the Conway Airport. General admission tickets are $15 dollars in advance and $20 at the door. Advance tickets can be purchased from a Century 21 Dunaway & Hart agent or at our office located at 575 Harkrider Street, Conway, AR. You may call our office at 501-327-2121 or 800-490-0021 for more information.
Also, call our office, if you are interested in donating an in kind item to this worthwhile cause. We have everything donated so all monies raised can go directly to help children and adults with disabilities.
Limited Corporate Sponsorships are available and the breakdown of sponsorship levels can be in the following flyer:
So many times, we get so wrapped up in our daily routines that it is difficult to stop and reflect on helping others. Casino Night is our chance to do just that. I especially love that Casino Night is nestled between Christmas and Valentine's Day: two holidays that create the perfect opportunities to give to our families and friends. Casino Night lets us give to people who we may not know but who are so incredibly deserving.
Easter Seals Arkansas is an exceptional organization whose mission is to provide services to ensure that all people with disabilities or special needs have equal opportunities to live, learn, work, and play in their communities. The success of their mission can be seen through the children’s’ faces in the collage I have created below.
Also, call our office, if you are interested in donating an in kind item to this worthwhile cause. We have everything donated so all monies raised can go directly to help children and adults with disabilities.
Limited Corporate Sponsorships are available and the breakdown of sponsorship levels can be in the following flyer:
Tuesday, December 8, 2009
Little Rock, North Little Rock, Conway MSA Named by Forbes among America's Best Bang-For-The-Buck Cities
Forbes has named the Metropolitan Statistical Area (MSA) including Little Rock, North Little Rock and Conway, Arkansas near the top of their America's Best Bang-For-The-Buck Cities in America. The Little Rock, North Little Rock and Conway MSA ranked in second place out of the 100 largest Metropolitan Statistical Areas in the country. Forbes analyzed a variety of factors including: foreclosures as a percentage of housing units; vacancies; unemployment rates; a three-year job growth forecast; a three-year home price forecast; housing affordability; median real estate taxes; and median travel time to work.
Specifically, the relatively stable housing market was listed as a key component among the top contenders. Conway's housing market has fared well throughout this recession and now is a great time to buy with the extension and expansion of the Homebuyer's Tax Credit and historically low interest rates.
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
Specifically, the relatively stable housing market was listed as a key component among the top contenders. Conway's housing market has fared well throughout this recession and now is a great time to buy with the extension and expansion of the Homebuyer's Tax Credit and historically low interest rates.
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
Tuesday, November 24, 2009
Home Sales Increase Over 10% in October
According to the National Association of Realtors, existing home sales in the US spiked 10.1% in October, 2009 over September, 2009 sales. The October home sales Homes sales are at their highest levels since February, 2007.
The National Association of Realtors is attributing the large gain in home sales to the First Time Home Buyer Tax Credit which was originally set to expire on November 30. With the tax credit extension and expansion in place, homebuyers have until April 20, 2010 to write a contract on a new home. Historically low mortgage rates are also partly responsible for the gain in home sales across the country.
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
The National Association of Realtors is attributing the large gain in home sales to the First Time Home Buyer Tax Credit which was originally set to expire on November 30. With the tax credit extension and expansion in place, homebuyers have until April 20, 2010 to write a contract on a new home. Historically low mortgage rates are also partly responsible for the gain in home sales across the country.
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
Monday, November 9, 2009
Homebuyer Tax Credit Passed by Congress
According to the National Association of Realtors, the Homebuyer tax credit has not only been renewed, but extended as well. As of last Thursday, November 5, Congress has passed the legislation and it is expected to be signed into law by President Obama.
The current Homebuyer Tax Credit enacted in February 2009 and set to expire on November 30, 2009, allowed a tax credit of $8,000 for married couples ($4,000 for married filing separate) making less than $150,000 with a phase out plan for those making above the income limits. The limit for a single person is $75,000. The new legislation extends the credit through April 30, 2010 and also increases the income limits to $225,000 for married couples and $125,000 for single people with a phase out above those limits. Under the legislation, a first time homebuyer "may not have had an interest in a principal residence for three years prior to purchase." A principal interest can extend beyond a home to include condos, manufactured homes and even an RV if it was a principal residence.
There is also great news in this legislation for existing home owners! There is a $6,500 tax credit available for married couples ($3,250 for married filing separate) making less than $225,000. The limit for a single person is $125,000 with a phase out above those limits. In order to qualify for the current homeowner tax credit, the homeowner "Must have used the home sold as a principal residence consecutively for five of the previous eight years." A binding contract must be written on a property before April 30, 2010 and the homebuyer will have until July 1, 2010 to close the transaction. The tax credit will be claimed on tax return and will not be a part of the closing process.
To look at homes in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes, check out home listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private showing today.
The current Homebuyer Tax Credit enacted in February 2009 and set to expire on November 30, 2009, allowed a tax credit of $8,000 for married couples ($4,000 for married filing separate) making less than $150,000 with a phase out plan for those making above the income limits. The limit for a single person is $75,000. The new legislation extends the credit through April 30, 2010 and also increases the income limits to $225,000 for married couples and $125,000 for single people with a phase out above those limits. Under the legislation, a first time homebuyer "may not have had an interest in a principal residence for three years prior to purchase." A principal interest can extend beyond a home to include condos, manufactured homes and even an RV if it was a principal residence.
There is also great news in this legislation for existing home owners! There is a $6,500 tax credit available for married couples ($3,250 for married filing separate) making less than $225,000. The limit for a single person is $125,000 with a phase out above those limits. In order to qualify for the current homeowner tax credit, the homeowner "Must have used the home sold as a principal residence consecutively for five of the previous eight years." A binding contract must be written on a property before April 30, 2010 and the homebuyer will have until July 1, 2010 to close the transaction. The tax credit will be claimed on tax return and will not be a part of the closing process.
To look at homes in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes, check out home listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private showing today.
Tuesday, November 3, 2009
Factors That May Affect Your Property Values
1. Location, Location, Location - Location is perhaps the single biggest indicator of worth of property, whether it is land or a home.
2. Availability and Current Location of Utilities - Utilities including water, sewer, electric, telephone and natural gas all help determine the value of land. This is only a determining if you have land. However, in a house the type of utilities available can affect you home value. For example, Conway Corp, offered within the City of Conway has traditionally offered competitive utility rates when compared to surrounding areas.
3. Zoning - Zoning is an important indicator of value assuming the property is within the city limits.
4. Floodplain/Floodway Issues - If the property is in the floodplain or floodway your property value may decrease dramatically.
5. Neighborhood - The area surrounding the property is an important factor when determining property worth.
6. Topography - Flat land is usually more valuable than rocky or hilly terrain. Lowland wetlands are less valuable.
7. Waterfront - Being waterfront can add significant value to property whether it is a home or land.
8. Access - Accessing the property is vital in determining property worth, as well as the quality, type, and traffic count of roadway.
9. View - A scenic view makes property more valuable.
10. Mineral Rights - Mineral rights have the potential to provide long term income to the property owner. Whether or not you own the mineral rights to your property can significantly affect your land value.
These are all general guidelines and not intended to replace a comparative market analysis or appraisal of property.
If you would like a Comparative Market Analysis on your house or land, call one of our award winning real estate agents at CENTURY 21 Dunaway & Hart, Inc. at 501-327-2121 or 800-490-0021.
2. Availability and Current Location of Utilities - Utilities including water, sewer, electric, telephone and natural gas all help determine the value of land. This is only a determining if you have land. However, in a house the type of utilities available can affect you home value. For example, Conway Corp, offered within the City of Conway has traditionally offered competitive utility rates when compared to surrounding areas.
3. Zoning - Zoning is an important indicator of value assuming the property is within the city limits.
4. Floodplain/Floodway Issues - If the property is in the floodplain or floodway your property value may decrease dramatically.
5. Neighborhood - The area surrounding the property is an important factor when determining property worth.
6. Topography - Flat land is usually more valuable than rocky or hilly terrain. Lowland wetlands are less valuable.
7. Waterfront - Being waterfront can add significant value to property whether it is a home or land.
8. Access - Accessing the property is vital in determining property worth, as well as the quality, type, and traffic count of roadway.
9. View - A scenic view makes property more valuable.
10. Mineral Rights - Mineral rights have the potential to provide long term income to the property owner. Whether or not you own the mineral rights to your property can significantly affect your land value.
These are all general guidelines and not intended to replace a comparative market analysis or appraisal of property.
If you would like a Comparative Market Analysis on your house or land, call one of our award winning real estate agents at CENTURY 21 Dunaway & Hart, Inc. at 501-327-2121 or 800-490-0021.
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