Ft Smith home sales
Ft. Smith Real Estate July 09 Sold Market Report
September 6, 2009 by Ray Nellum · Leave a Comment
If you are buying or selling real estate in the Ft. Smith Real Estate Market, you really need to stay on top of recently sold properties with the Ft. Smith area! There’s way too much negative information about our market, and some of those statistics are based on a national average and not the average within the Ft. Smith Real Estate market. You need to know the facts about the Ft. Smith Real Estate market, and it’s my job to keep you informed.
This Ft. Smith Real Estate Market Report covers homes sold July 2009 and covers the entire Sebastian County Residential Sold homes.
- Homes sold: 136
- Average List price: $136,540
- Average Sold price: $131,195
- Average Days on Market: 122 days
The graph below breaks down homes sold and the price ranges. This image will give you an opportunity to see what sales price are the most active in Ft. Smith Real Estate .

The following graph shows the break down of the Average Days on the Market! This is important in Ft. Smith Real Estate because some homes have positioned the price of their home to be better, and with less days on the market!
You can see that 38% of the homes sold in July had been on the market for 120 days or more.

If you’re interested in buying or selling Ft. Smith Real Estate, please feel free to contact me in the form below! My cell/text is 479-414-1894! 
cforms contact form by delicious:days
Ft Smith home sales
Open House Sunday, May 17 from 1 to 3 pm Fort Smith Real Estate
May 16, 2009 by Ray Nellum · Leave a Comment

Searching for the “Perfect Home” in the Fort Smith Real Estate Market? I’ve got your home right here. Homes for sale in Fort Smith, just got more competitive with this beauty.
Join me at my Open House at 5201 Hardscrabble Way in Fort Smith from 1 p.m. to 3 p.m.
You will be delighted with it’s contemporary design and uplifting feel. This home is great for entertaining family and friends of all ages. You can walk to Hardscrabble Country Club from your back deck! Now that is convenient!
For more information, please call me at 479-414-1894!
cforms contact form by delicious:days
Ft Smith home sales
$8,000 What’s in Your Wallet? Fort Smith Real Estate
May 14, 2009 by Ray Nellum · Leave a Comment
First Time Home Buyers in the Fort Smith Real Estate Market have a great opportunity to cash in with the New Tax Credit! Could you use an additional $8,000??? So many buyers are on the fence and off the fence. While you are trying to decide, you could be missing out on an opportunity of a lifetime. Fort Smith Homes are at a great value right now for buyers! Interest rates are absolutely amazing!
So if you are a buyer in market to buy a home is the Fort Smith Area, take a look at the tax credit breakdown. I know, you may have read the information and don’t quite understand it all. Below is a simple and easy breakdown of the Tax Credit.
For additional information please feel free to call me at 479-414-1894.
|
FEATURE |
CREDIT AS CREATED JULY 2008 |
REVISED CREDIT – |
|
|
APPLIES TO All QUALIFIED |
EFFECTIVE FOR PURCHASES ON |
|
|
PURCHASES ON OR AFTER April 9, |
OR AFTER JANUARY 1, 2009 AND |
|
|
2008 |
BEFORE DECEMBER 1, 2009 |
|
Amount of |
lesser of 10 percent of cost of home or |
Maximum credit amount |
|
Credit |
$7500 |
increased to $8000 |
|
Eligible |
Any single family residence (including |
No change |
|
Property |
condos, co-ops, townhouses) that will |
All principal residences eligible. |
|
|
be used as a principal residence. |
|
|
Refundable |
Yes. Reduces (or can eliminate) |
No change |
|
|
income tax liability for the year of |
Purchasers will continue to |
|
|
purchase. Any unused amount of tax |
receive refund for unused amount |
|
|
credit refunded to purchaser. |
when tax return is filed. |
|
Income limit |
Yes. Full amount of credit available for |
No change |
|
|
individuals with adjusted gross income |
|
|
|
of no more than $75,000 ($150,000 on |
Same income limits continue to |
|
|
a joint return). Phases out above |
apply. |
|
|
those caps ($95,000 and $170,000). |
|
|
First-time |
Yes. Purchaser (and purchaser’s |
No change |
|
Homebuyer |
spouse) may not have owned a |
Still available for first-time |
|
Only |
principal residence in 3 years previous |
purchasers only. Three-year rule |
|
|
to purchase. |
continues to apply. |
|
Revenue Bond |
No credit allowed if home financed |
Purchasers who utilize revenue |
|
Financing |
with state/local bond funding. |
bond financing can use credit. |
|
Repayment |
Yes. Portion (6.67% of credit or $500) |
No repayment for purchases on |
|
|
to be repaid each year for 15 years, |
or after January 1, 2009 and |
|
|
starting with 2010 tax filing. |
before December 1, 2009 |
|
Recapture |
If home sold before 15-year repayment |
If home is sold within three years |
|
|
period ends, then outstanding balance |
of purchase, entire amount of |
|
|
of repayment amount recaptured on |
credit is recaptured on sale. |
|
|
sale. |
Applies only to homes purchased |
|
|
|
in 2009. |
|
Termination |
July 1, 2009 |
December 1, 2009 |
|
|
(But note program changes for 2009) |
|
|
|
Purchases on or after April 9, 2008 and |
All revisions are effective as of |
|
Effective Date |
before January 1, 2009. Repayment to |
January 1, 2009 |
|
|
begin for 2010 tax year. |
|

