Arkansas

Looking for an affordable home? Try Arkansas or Mississippi

Published

2 years ago

June 3, 2022

Looking for an affordable home? Try Arkansas or Mississippi

(NEXSTAR) — House costs have been sizzling throughout the U.S. not too long ago, however they aren’t excessive in every single place. The truth is, some areas are far inexpensive than the nationwide common.

The nationwide median residence record value was $425,000 in April, based on Realtor.com, even because the housing market stays in a slowdown. Realtor.com discovered the median record value for a house in probably the most reasonably priced state — West Virginia — isn’t even near the nationwide common.

Two Mid-South states, Arkansas and Mississippi, rank excessive within the residence affordability rankings — that means they rank low in common record value.

Of the most cost effective states, all have median residence value tags beneath $300,000. They’re all primarily rural and with out large cities (with just a few exceptions), the true property web site discovered. They haven’t “seen the everyday boom-and-bust actual property cycles that coastal markets noticed,” based on George Ratiu, supervisor of financial analysis for Realtor.com.

As an alternative, these states are scattered via the Midwest and South.

West Virginia has the bottom median record value at $199,000, lower than half that of the nationwide common. That is the one state with a median value beneath $200,000, Realtor.com’s evaluation discovered. The subsequent most reasonably priced state is Ohio with a median residence price ticket of $215,000.

Arkansas and Kansas are the one two different states with median costs beneath $250,000, coming in at $245,000 and $248,500, respectively. Rating on the backside of the record is Missouri at $270,000, which continues to be $155,000 cheaper than the nationwide common.

Listed here are the ten states Realtor.com discovered to have the most cost effective housing markets, in addition to their median residence record costs, primarily based on April’s knowledge:

State	Median Checklist Value
West Virginia	$199K
Ohio	$215K
Arkansas	$245K
Kansas	$248.5K
Oklahoma	$250K
Mississippi	$258K
Michigan	$259K
Indiana	$260K
Kentucky	$260K
Missouri	$270K

States with probably the most reasonably priced houses within the U.S. primarily based on the newest knowledge launched in April 2022. (Realtor.com)

Cities in a few of these states have even provided monetary incentives for folks to maneuver to the world. Amongst these embrace Bentonville, Arkansas; Lincoln and Topeka, Kansas; Morgantown, West Virginia; Tulsa, Oklahoma, and West Lafayette, Indiana.

Whereas the markets in these states are extra reasonably priced, they’re nonetheless aggressive for patrons.

Realtors from West Virginia, Kansas, Oklahoma, and Mississippi say shopping for a house isn’t essentially simpler of their states. The market is as sizzling as ever, with the demand up and listings getting a number of gives.

It’s unclear whether or not aid might be coming anytime quickly for residence patrons in these states and all through the nation.

Common long-term U.S. mortgage charges edged down barely this week, although rates of interest on the important thing 30-year residence mortgage stay at decade-high ranges. Larger borrowing charges seem like slowing the housing market, an important sector of the financial system.

In April, gross sales of each current houses and new houses confirmed indicators of faltering, worsened by sharply increased residence costs and a shrunken provide of obtainable properties.

The Related Press contributed to this report.

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Arkansas

Takeaways from No. 20 Arkansas' win over Pacific

Published

5 hours ago

November 19, 2024

Press Room

Takeaways from No. 20 Arkansas' win over Pacific

The No. 20 Arkansas Razorbacks (3-1, 0-0 SEC) took care of business down the stretch in a 91-72 win over the Pacific Tigers (3-3, 0-0 WCC) on Monday night.

The final score doesn’t necessarily indicate how close the game was. With just under 13 minutes to go in the game, the Razorbacks were in the middle of a dogfight and only up 59-57 after Pacific had scored five straight points.

Arkansas’ defense was able to suffocate the Tigers down the stretch though, as Pacific only made two of its last 16 field goals in the game and the Hogs were able to pull away with the win.

Here’s some of HawgBeat’s takeaways from what ended up being a much tighter contest than expected on Monday night…

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Arkansas

Arkansas’ Ongoing Wide Receiver Issues Continue to End

Published

13 hours ago

November 18, 2024

Press Room

Arkansas’ Ongoing Wide Receiver Issues Continue to End

FAYETTEVILLE, Ark. — Arkansas is in the same position it was last year. Sam Pittman opted not to bring in anyone of note to supplement the existing receivers on the roster. Monte Harrison and Jordan Anthony, the two biggest offseason acquisitions have a combined 140 yards on the season.

Despite Arkansas ranking fifth in the SEC in passing yards (2,780), it is part of a larger mirage for the offense running up the score against subpar FBS defenses.

Wide Receiver Jordan Anthony (11) lines up for a route against the Texas Longhorns. Texas won 20-10 / Nilsen Roman – Hogs on SI

Perhaps even more concerning, Arkansas has left one of the best receivers in the country on an island to fend for himself. Andrew Armstrong ranks second in the SEC in both yards (931) and catches (61). Both also rank top-25 nationally.

Armstrong accounts for 33.5% of Arkansas’ receiving yards, the most of any SEC schools for a single receiver other than Dane Key of the Kentucky Wildcats. The Wildcats have just 1,834 passing yards as a team.

Razorbacks wide receiver Andrew Armstrong celebrating a touchdown against LSU

Arkansas Razorbacks wide receiver Andrew Armstrong celebrating a touchdown against the LSU Tigers on Saturday night in Fayetteville, Ark. / Nilsen Roman-Hogs on SI Images

Isaiah Sategna, currently second on the Hogs in receiving, falls short of half of Armstrong’s production at 431 yards. Isaac TeSlaa just reached exactly half of his catch total from last year (17) with his lone catch for 7 yards against the Texas Longhorns.

Even tight end Luke Hasz has been held to just 278 yards through 10 games after putting up 253 yards as a true freshman in four games plus a drive before suffering a season-ending injury. Only one other tight end on the team has 25 yards receiving and he’s not even on the team anymore (Ty Washington).

Tyrone Broden, a breakout star in camp, lags even further behind at just 15 catches for 197 yards.

Pittman believes the poor wide receiver play is starting to have spillover effects for Taylen Green and his decision making with the football.

“We had a couple of missed routes that Taylen had to hold the football because we weren’t running the right route,” Pittman said. “Then we got whipped on the edge a couple times.”

Arkansas will look for just its second 100-yard performance from a receiver not named Armstrong of the season against Louisiana Tech. TeSlaa had 120 yards against Texas A&M, 75 of which came on one catch early in the game.

Kickoff between the Razorbacks and Louisiana Tech is scheduled for 3 p.m. Saturday. The game will be streamed on SEC+.

• National reporter: Pittman return ‘unpredictable at this moment

• Razorbacks have inched forward, need more to be competitive SEC team

• Arkansas suffers historic loss to UCLA Bruins

• New financial landscape makes firing coaches tougher

• Razorbacks can see against CFP contenders where they stand

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Arkansas

Arkansas gas prices tumble

Published

20 hours ago

November 18, 2024

Press Room

JONESBORO, Ark. (KAIT) – While the national average trickled down, Arkansas gas prices tumbled dramatically last week.

GasBuddy.com reported Monday that average prices in the Natural State fell 6.8 cents a gallon to $2.61.

That’s 21.4 cents a gallon less than a month ago and 24.4 cents lower than last year.

Meanwhile, the national average price of gasoline fell just 0.7 cents a gallon last week to $3.02.

“Several states saw gas prices jump or ‘cycle’ last week, a behavior in which gas prices climb significantly after falling below a station’s replacement price,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “This led the national average to see little meaningful change from last week, with many states experiencing a slow decline, offsetting the few states that did see big jumps.”

However, he said those states that saw large jumps at the pumps should see huge declines this week.

De Haan expects the national average to fall below $3 per gallon just in time for Thanksgiving.

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