MARKET PREDICTIONS

Insight from local agents on the current state of the housing industry

“Being the optimist that I am, I always believe it’s a good time to buy or sell a home. Interest rates are higher than they were for a while, but are still at a great rate compared to interest rates through the years. Prices are always appreciating in our area and real estate is always the best investment.”

—JANET JONES, THE JANET JONES COMPANY

“We all know after the last couple of years in the real estate market that it’s almost impossible to predict what is coming around the corner. However, we do think with interest rates stabilizing and inventory continuing to be low, the market will continue to stay strong.”

—ASHLEE ALLEN, SOUTHERN REALTY GROUP

“Real estate in central Arkansas has been the best investment over the years, and I believe it will continue to be. The market is leveling out a bit and will become more even for buyers in the coming year. Interest rates will settle between 5-6% and continue to be at a reasonable level.”

—SUSAN REYNOLDS, THE JANET JONES COMPANY

“Units sold will continue to drop but sale prices will remain strong here locally. In the South the market outlook is trending better than the rest of the country. We’re leaning into it and continuing to spend on marketing and looking for every way possible to solve our client’s problems and put them in the best position possible.”

—ROBERT KLEIN, THE PROPERTY GROUP