The Real Deal New York

Little Rock stays afloat 

August 26, 2008 10:11AM
By David Smith

From the August issue: Little Rock, Arkansas, has endured one of the country’s harshest real estate downturns in decades, with home prices gradually increasing even as sales decline. Home sales have fallen for 28 consecutive months in Pulaski County, where Little Rock is located. For the first quarter of this year, sales in Pulaski County were off 28 percent compared with the corresponding quarter in 2007. But the median home price rose 3.8 percent over the same period.

Comments are closed.