Lumber Prices on the Rise
The Random Lengths Framing Composite Price hit $523 per 1,000 board feet for the week ending July 10, marking the first time prices have topped the $500 level since July 2018. Indeed, lumber prices have soared 50% since April 17, 2020. The primary drivers of the price...
2020 July Newsletter
Home Buyers Bearish on Affordability
While home buyers report slightly more optimistic expectations for future housing availability in the first quarter of 2020, there is no commensurate improvement in their outlook for affordability. In fact, 78% say they can afford fewer than half the homes available...
2020 June Newsletter
Home Sales in Northwest Arkansas Surge in March
The last half of March was upended for real estate agents because of the COVID-19 pandemic, but overall home sales for the month still surged. According to the latest figures, real estate agents in Benton and Washington counties combined to sell 938 homes in March,...
