Connect with us

Arkansas

Northwest Arkansas home sales down double digits in 2023 – Talk Business & Politics

Published

on

Northwest Arkansas home sales down double digits in 2023 – Talk Business & Politics


For the second consecutive year, residential home sales declined by double digits in Northwest Arkansas’ two largest counties.

Real estate agents combined to sell 9,802 residential properties in the two-county area last year. That’s according to data from the Matrix software platform the Northwest Arkansas Board of Realtors (NABOR) uses and provided to the Northwest Arkansas Business Journal by Marcus Necessary, vice president and executive broker with Weichert, Realtors-The Griffin Co.

According to the data, those figures represent a 10.3% decrease from 10,923 home sales in 2022. The year-over-year decrease was 11.6% last year, from 12,349 home sales in 2021.

Advertisement

“Interest rates certainly played a part in slowing down our market,” said Sherry Laemmle,” vice president and general manager of the Northwest Arkansas region for Tennessee-based Crye-Leike Real Estate Services. “Also, so many homeowners refinanced at the lower rates and are hesitant to give that up.”

According to historical figures previously reported by the Northwest Arkansas Business Journal, unit sales were up 2.4% in 2021, 12.8% in 2020 and 6.3% in 2019. That followed annual gains of 1.3% in 2018, 7.7% in 2017 and 9.1% in 2016.

Home sale values also declined in 2023, from $4.24 billion to $4.02 billion, a dip of 5.2%.

Those numbers produced an average home sale price of $410,807 last year, up 5.6% from $388,860 in 2022.

Benton County residential properties in 2023 had a sales volume of $2.66 billion, down 5.3% from 2022. Unit sales were down 10% to 6,326. The average selling price of a home in Benton County was $421,144, up 5.2% from the previous year.

Advertisement

In Washington County, total sales volume declined 4.89% to $1.36 billion last year, while unit sales were down 10.5% — 3,887 to 3,476. The average selling price of a home in Washington County was $391,994, up 5.6% from the previous year.

According to the National Association of Realtors, U.S. home sales dropped 19% last year to 4.09 million, the lowest level since 1995.



Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Arkansas

Arkansas driver’s licenses and state IDs now available in Apple Wallet

Published

on

Arkansas driver’s licenses and state IDs now available in Apple Wallet


Arkansans can now present their driver’s licenses and state identification cards on mobile devices using Apple Wallet, state finance officials announced Wednesday.

The Department of Finance and Administration said Arkansans can use Apple Wallet to present their license or ID in person, online and in apps at select organizations, including at more than 250 Transportation Security



Source link

Continue Reading

Arkansas

Your Arkansas Driver’s License Can Now Live on Your iPhone

Published

on

Your Arkansas Driver’s License Can Now Live on Your iPhone


IDEMIA Public Security North America and the Arkansas Department of Finance and Administration’s Division of Driver Services and Motor Vehicles have launched Arkansas driver’s licenses and state IDs in Apple Wallet, allowing residents to securely store and use their credentials on an iPhone or Apple Watch.

The new feature gives Arkansans the ability to present their identification at participating businesses and venues, at Transportation Security Administration (TSA) checkpoints in more than 250 airports, and online or within apps when age or identity verification is required.

The launch builds on Arkansas’ ongoing efforts to expand digital identification options. In March 2025, the state introduced the Arkansas Mobile ID app, and officials say adding IDs to Apple Wallet offers residents another secure and convenient way to access their credentials.

Advertisement

“We’re proud to build on our partnership with the Arkansas DFA’s Division of Driver Services and Motor Vehicles, expanding on the launch of the Arkansas Mobile ID app in March 2025. The launch of ID in Apple Wallet in the state provides Arkansas residents a new, secure way to store and present their digital credentials, with transparency and control over how their information is shared at the forefront,” said Rob Gardner, CEO, IDEMIA Civil Identity.

To add an Arkansas driver’s license or state ID to Apple Wallet, users can tap the plus sign at the top of the Wallet app on their iPhone, select “Driver’s License or State ID,” and follow the verification process.

Officials say privacy and security were central considerations in the rollout. Information stored in Apple Wallet is encrypted on a user’s device, and users control when and how their information is shared. When presenting an ID, only the information necessary to verify age or identity is provided.

Apple and the Arkansas Division of Driver Services and Motor Vehicles also do not receive information about when or where residents use their digital IDs.

The technology is also designed to make verification easier for businesses. Participating businesses can use IDEMIA’s Mobile ID Verify app to accept and verify mobile IDs directly from an iPhone without requiring customers to hand over their devices or use additional hardware.

Advertisement

The launch marks another step toward broader adoption of digital credentials in Arkansas, giving residents a secure alternative to carrying a physical driver’s license or state ID while maintaining control over their personal information.

For information on the launch of IDs in Apple Wallet in Arkansas, click here.

READ ALSO: Adam O’Neal Stepping into Chancellor Role at UA-EACC



Source link

Advertisement
Continue Reading

Arkansas

Arkansas gymnatics coach Chris Brooks completes staff with hiring of Zan Jones | Northwest Arkansas Democrat-Gazette

Published

on

Arkansas gymnatics coach Chris Brooks completes staff with hiring of Zan Jones | Northwest Arkansas Democrat-Gazette


New Arkansas gymnastics coach Chris Brooks announced Monday the hiring of Zan Jones to complete his first staff, as well as the promotion of assistants Kyla Ross and Catelyn Branson.

Brooks succeeded his wife, Jordyn Wieber, on April 28 after Wieber stepped down.

Jones joins the Razorback after two seasons as an assistant coach at Texas Woman’s University in Denton, Texas. The Pioneers won back-to-back Women’s Collegiate Gymnastics National Invitational Championship titles in 2025 and 2026 with Jones on staff. He has been named a Women’s Collegiate Gymnastics Association Division II assistant coach of the year three times, including this spring.

Jones also earned Midwest Independent Conference assistant coach of the year in both of his seasons at Texas Woman’s.

Advertisement

Jones served as the Pioneers’ primary vault and uneven bars coach, and the team set a program record of 49.35 on the bars in March.

An Alabama alumnus, Jones served as a student manager for the Crimson Tide gymnastics team. He served a year at Talladega (Ala.) College in its inaugural season of gymnastics and spent time as a recreational and team coach at Trussville (Ala.) Academy of Gymnastics.

Brooks also promoted both Ross and Branson to the title of associate head coach. Ross, a former UCLA gymnast and Olympic gold medalist as part of Team USA in 2012, started at Arkansas as a volunteer assistant in 2022. Ross helped Arkansas produce program records on the balance beam in back-to-back years before taking over the vault squad, which set a program high 49.675 in 2026. 

The Razorbacks ranked as high as No. 2 on the vault last season and were never lower than No. 7. Senior transfer Morgan Price landed the first 10 in school history on the vault in February.

Branson returned to the Arkansas staff ahead of the 2025 season, helping lead the floor squad. In that time, Branson has led the Gymbacks to two of their top five best floor scores ever and Arkansas has been ranked as high as No. 2 in the country on floor in the last two seasons. In 2026, over 60% of the team’s scores on floor were 9.85 or better.

Advertisement

Branson served as Lindenwood’s head coach from 2022-24, where she was named 2024 Women’s Collegiate Gymnastics Association South Central Region Coach of the Year and the Midwest Independent Conference Coach of the Year. She led the Lions to their second consecutive and fifth overall USAG national championship and seventh MIC title in 2024.

Branson had a prior stint at Arkansas from 2020 to 2022, in which time the Gymbacks ranked as high as third on beam and second on floor.



Source link

Advertisement
Continue Reading
Advertisement

Trending