The real estate industry is a business, and not a charity
1.5 million Arkansas homeowners will receive a $50 refund from the Arkansas Department of Housing and Community Development.
The state is hoping the rebate will be enough to offset the expense of repairing and replacing the roof of a house that collapsed on April 26.
But there’s one problem with the program: It doesn’t go to everyone.
As The Sport Blog’s Mike Fagan reports, only a few hundred homes have been inspected and inspected again.
The agency has also said that the majority of the homes in the program are in the wrong zip code, which is why the rebate hasn’t gone out to many homeowners.
“We are trying to address the issue of under-inclusion and under-reporting, so we are going to be increasing our outreach and awareness on the issue,” said Secretary of Housing, John Henson.
He also said the agency was also targeting those in areas where there were significant under-inspection.
A $10 refund for a new home “is a small amount of money,” Henson said, and the rebate is meant to be a “recovery fund for homeowners.”
But for many homeowners, the real estate market is looking more like a casino than a real estate company.
According to a new survey by real estate data firm LendingTree, Arkansas’ housing market has fallen for six consecutive months.
The index, which measures the state’s median income, has fallen by 2.5 percent over the past year.
It also fell by 1.8 percent in May.
“Arkansas is currently in a financial crisis,” said Lendingtree’s CEO Jim Miller.
“It is a time when the state is struggling to find affordable and decent housing.
Arkansas is not doing the best job of attracting new business.”
Lending Tree found that Arkansas has lost $1.9 billion in market value over the last five years.
The survey found that only a handful of cities, like Little Rock and Fayetteville, have regained market value in the same time period.
Lending tree says Arkansas’ average price of $2.2 million fell by 10.6 percent in 2017.
That’s less than half of the national average.
According the company, Arkansas homeowners paid an average of $1,542 for a home in the last quarter of 2017.
The price of a home has dropped even more in the past five years, the company found, falling by 4.7 percent.
“The fact that the average price has dropped so dramatically is alarming to many Arkansas residents, especially those in low-income areas who are unable to pay the high prices they pay to rent,” said Miller.
Arkansas has had its fair share of bad housing luck in recent years.
In 2017, the state reported a housing market that was in dire straits.
It had the highest foreclosure rate in the nation, and its population was the third highest in the U.S. “What’s alarming about Arkansas’ situation is that, despite all of the good things that have happened, the situation is getting worse,” said Chris Williams, executive director of the Arkansas Housing and Economic Development Agency.
“There is no way around it: We have a housing shortage in Arkansas.”
It’s not just the state that’s having a hard time attracting new investment.
According Lending-Tree, just four of the 50 largest metro areas in the country saw a decrease in their average home prices from 2017 to 2018.
The metro areas with the lowest price growth were Atlanta, Dallas-Ft.
Worth, New Orleans and Seattle.
“I don’t know if it’s the housing shortage, but it is the inability of a large number of Arkansans to save for their future,” said Williams.
Arkansas currently has a housing crisis that has made the state more vulnerable to the kinds of housing market problems that plague other states.
to LendingTree, Arkansas has a population of 1.25 million people, a rate of more than 5,000 per day.
That means every day, about 6,500 people are losing their homes.
According a report from the nonprofit group Community Reinvestment Coalition, that’s almost a third of all the households in the state.
And that number could increase.
According in Lendingtrees analysis, there are roughly 2,000 households in Arkansas that are not yet eligible for a mortgage because they have a lower income.
That makes the state one of the states with the most renters in the entire country.
A third of Arkansas households are renters, and that number is growing.
In May, more than 2.1 million Arkansians were renters.
And Lending Tower found that while Arkansas has experienced the worst of the worst, more people are renting than ever before.
“In the first three quarters of this year, there were almost 2.6 million more people in the housing market than there were before the recession,” said Matt Harkins, chief economist at LendingGroup.
“This was more than