Arkansas
Northwest Arkansas’ housing forecast even pricier in 2023
Dwelling costs within the Northwest Arkansas metro space are anticipated to rise 3.7% by October 2023 in comparison with the identical time in 2022, in line with information from Zillow.
State of play: Current house gross sales nationwide have fallen for 9 months as mortgage charges have been on the rise. They have been trending down over the previous few weeks.
- In the meantime, rates of interest are anticipated to maintain climbing because the Fed works to tamp down inflation.
Why it issues: As costs enhance, it turns into tougher for low- and middle-wage earners to purchase a house within the NWA market.
Flashback: In response to the September Skyline Report, NWA’s house costs have been up a whopping 27% within the first half of 2022 — to a median of $385,821 — in contrast with the identical interval in 2021.
Sure, however: Worth will increase have slowed a bit prior to now few months, Desiree Inventory, actual property agent with Collier & Associates, informed Axios.
- Primarily based on what she’s lately seen within the house market, Inventory expects house costs to go up about 5% in NWA subsequent yr, a bit increased than Zillow’s estimate.
- Some areas like downtown Fayetteville or Bentonville, and houses close to the Razorback Regional Greenway, may even see will increase nearer to 7-8%, she mentioned.
By the numbers: The five-year, on-the-market house stock peaked at greater than 3,200 in November 2018.
- As of Dec. 3, there have been about 1,320 properties available on the market, up from about 990 the identical week final yr.
- The 12-month low was 650 in February.
In the meantime, Lease Cafe newly ranked the NWA metropolitan space because the No. 1 hottest small rental market within the U.S.
- NWA has a 98.3% occupancy charge with a median of 14 days vacant per rental.
- Greater than 75% of tenants renewed their leases.
- The info monitor roughly with the latest Skyline Report, which confirmed that the common lease worth in NWA as of June 30 was greater than $860.
Carson Field has worked full-time in the sports media industry since 2020 in Colorado, Texas and Wyoming as well as nationally, and he has earned degrees from Arizona State University and Texas A&M University. When he isn’t covering the Sooners, he’s likely golfing, fishing or doing something else outdoors.
Twitter: https://x.com/carsondfield
Purdue football coach Barry Odom makes first public appearance
Purdue football coach Barry Odom addresses questions from media in first public appearance in West Lafayette
WEST LAFAYETTE − Purdue football continues to stockpile Arkansas linebackers.
After snagging Razorback Alex Sanford out of the transfer portal, the Boilermakers picked up a commitment from Carson Dean.
Dean was a redshirt freshman for Arkansas this season and played in two games.
Dean, from Frisco, Texas, was a three star prospect by 247Sports out of Hebron High who had 17 offers, including Purdue.
In high school, Dean was an all-district outside linebacker after compiling 85 tackles, including 21 for loss as a senior in 2022.
At the time of his commitment, Barry Odom was Arkansas’ defensive coordinator and Mike Scherer, recently hired as Purdue’s defensive coordinator, was the Arkansas linebackers coach.
Scherer recruited Dean to Arkansas.
Odom’s staff, in need of linebackers after Kydran Jenkins graduated and Yanni Karlaftis transferred to Northwestern.
Sam King covers sports for the Journal & Courier. Email him at sking@jconline.com and follow him on X and Instagram @samueltking.
Purdue is starting to pick up steam on the transfer portal market as former Arkansas linebacker Alex Sanford announced his commitment to the Boilermakers following an official visit to West Lafayette this weekend.
Sanford becomes Purdue’s second transfer portal pickup of the cycle and second from Arkansas, following quarterback Malachi Singleton, who announced his commitment to the Boilermakers earlier this week.
The redshirt freshman linebacker had committed to Arkansas to play for Barry Odom and Mike Scherer when the two were coaching in Fayetteville. Two years later he now follows the Boilermakers’ new head coach and defensive coordinator to West Lafayette at a position of need.
Purdue had a thin linebacker corps this season, which saw Kydran Jenkins and Yanni Karlaftis depart this off-season. Sanford now joins Hudson Miller, Winston Berglund and Owen Davis as players with experience at the linebacker position for the Boilermakers heading into 2025.
Sanford has had a minimal role on defense during his career, playing just nine snaps, but he has carved out a consistent role on special teams. Sanford had the third most special teams snaps of any Razorback in 2024, and 328 across his two seasons, serving on the kick return, kick coverage, punt return and punt coverage units, holding a 65.2 Pro Football Focus grade in that regard.
Sanford will have two years of eligibility remaining with the Boilermakers.
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