Gerald Ellison Construction Releases New Website

Gerald Ellsion Construction has created a new website for potential customer to view previously built homes.  Beautiful pictures of these homes from beginning to end is something the will take your breath away.

Customer testimonials from homes built Gerald Ellison Homes is one of the highlights of this website.  more

You may be somewhat aware that your home is a good source of tax breaks, but maybe you don't realize just how many there are. Just in time for tax season, we'll give you the lowdown on 10 great tax breaks. ...more

Rental Home Demand Up Now!

If there is a common thread in the local real estate market and that of our nation, it is the fact that rental homes are becoming more popular than in the past. Census figures show that the homeownership rate fell to 66.9 percent in the third quarter of 2010, which is not surprising given the troubled economy. This shift can be accounted for in a number of ways including foreclosures, job losses and tighter credit standards. ...more

In the backdrop of what appears to be a protracted housing recession for the country at large, RE/MAX of Hot Springs Village continues to experience very strong sales.

"March goes down in the books as one of the strongest months we’ve had in the past 3 years," remarked Jeff Hollansworth , owner of RE/MAX in the Village. "All the national metrics for home sales and new construction are in the tank and we just finished a month where our agents put 35 homes under contract. You have to go back almost 3 years ago to see this kind of activity and we're hopeful that this portends well for the remainder of the spring selling season." ...more

The lowest mortgage interest rate in almost 60 years, plus much more affordable home prices locally and nationally, should foreshadow a turning point in the housing market. All of this is somewhat tempered, of course, with the reality of a high foreclosure rate, high unemployment and tight credit -- so don't expect a miraculous reversal overnight. ...more

Question: We’ve been considering making some repairs to our home and doing a few remodeling projects. If we decide to sell our home in a couple years, will this be a good investment or are we wasting our money? ...more

Check Your Home Value

Want to know what your home is worth in today’s market?? You’re not alone. In fact, this is one of the most frequent questions we’re asked at RE/MAX as Villagers consider the possibility of refinancing or selling their home. Until now, there has not been a means by which a homeowner could fairly predict the current value of their home. That’s all changed, and RE/MAX is pleased to announce an exciting NEW tool allowing YOU, the homeowner, to put your appraiser hat on! More on that in a moment but first a little background on the Home Appraisal Process. ...more

Cash From Your Home

A family home or other personal residence is a major source of wealth for many seniors. But those who are house rich and cash poor may wonder how they can tap some of that wealth, aka home equity, so they can use it for other financial needs. Read on for four ways to get cash from a house. ...more

Did you know that the National Assoc of Home Builders (NAHB) has a “50+ Housing Council” that caters exclusively to the growing “baby-boomer” generation? That’s the kind of attention this age group is sure to receive as the number of households in the 55+ age group is expected to grow from its current 38% to almost 45% of households, by the year 2019. And, that group has high homeownership rates: while the U.S. as a whole has about a 67% ownership rate, those 55 to 74 own homes at an 80% clip. ...more

$75 Million Sold in 2010

Forecasting the future is never easy when it comes to real estate sales. What is easy, however, is documenting what has already happened. Looking in the rear view mirror this past year presents some very interesting facts and gives a small glimpse into what we might expect going forward. Put your seatbelt on as we look at the year in review. (statistics provided by CARMLS inc.)...more

Hot Springs Village veteran interviews are posted on History Project website

More than 120 Hot Springs Village veterans have now participated in the Veterans History Project’s (VHP) efforts to record and preserve their military experiences...more
 

Reason for optimism follows worst real estate year on record

According to CARMLS mls data for sold homes, December and January are giving reasons for optimism. On a month-over-month basis, December was up about 20 percent from last year and January increased a surprising 67 percent in homes sold...more

Sometimes it’s the little things that make the difference in getting a home sold.  RE/MAX of Hot Springs Village recognized this a long time ago and has put in place a 5 Point Selling Strategy to ensure their customers get the upper hand when it comes to marketing their house.  RE/MAX has....more

Hot Springs Village Business of the Year Award

The Business of the Year Award went to Arkansas Realty Partners dba Re/Max of Hot Springs Village for showing stability, creativity, innovation, strategic-driven business growth and community participation and involvement. ... more