Market Snapshot takes center stage

If you have wondered how many homes have sold in your neighborhood or how many are for sale and for how much? How many days are these on the market for? Then you must check out MLS Market Snapshot on http://randyhead.com/ with charts and graphs and detailed descriptions of homes in your area, including an interactive map. This information is in real time and pulled from the Northwest Arkansas Multiple listing service. Try the MLS Market Snapshot below and let me know what you think.

Boom or Bust, what are home buyers thinking?

The Northwest Arkansas region was once a sleepy center mainly known for chickens and trucking, this booming area with its now busy airport is the center of attention with of course, Wal-Mart's world headquarters. Wal-Mart employs thousands, but the real story is the growing economic base of companies serving Wal-Mart's needs companies like Proctor & Gamble, Kodak, Johnson & Johnson, Tyson Foods, Georges Chicken, Kraft, the list goes on and on.

Northwest Arkansas also known as NWA has everything you would need. Recreation in the form of watersports on Beaver lake, hiking, camping and hunting in the vast miles of national forest land surrounding us. Entertainment in Downtown Fayetteville or Pinnacle Hills shopping district.

While we have seen what I like to call an adjustment period the median home price is $168,400 with Future Job Growth of 32.9%. I am asking the following questions:

What are buyers thoughts on formulating their offers?

How much time do you as buyers think the market will remain a buyers market?

Do REALTOR'S play a role in your decision making?

My personal thinking on the housing market in NWA is that it is still vibrant and strong with lots of potential for investors and homeowners alike.
(MHP $168,400; FJG 32.9%)