A Buyer's Market - KAIT Jonesboro, AR - Region 8 News, weather, sports

Jonesboro, AR - Will Carter Reports

A Buyer's Market

October 19, 2007 - Posted at 7:35 p.m. CDT

JONESBORO-At a time when America's housing market seems to be in trouble, there could be good news for Northeast Arkansas.

"We are not like the Las Vegas, Los Angeles, and Florida markets that are kind of in a bust situation right now.  In fact, I was just talking to a banker today.  The 30 year fixed rate is 6%.  That is phenomenal.  It's still a great time to do it," said Don Culpepper of the NEA Homebuilders Association.

It's such a great time to buy, that his organization is kicking off their second Showcase of Homes.

"I saw a lot of different stuff.  It was really eye-catching.  I think there is something for everybody out here," said Marilyn Thornton as she toured the homes.

The homes feature everything from stained floors, to eleaborate patios, and media centers for any movie buff; just anything that makes a house seem more like a home.

"We really try to build houses that are different.  We try to incorporate a lot of extras into our homes, such as bringing the outdoors in," said builder Brittany Ragsdale.

If different is what you want, the housing market is still yours to conquer.

"Jonesboro housing never got into a bubble.  It's still a great value and a good investment," said Culpepper.

It's an investment anyone can at least look into.

"That little home over there appealed to me a lot.  If I was looking for a home, that is one that would really look good to me," said Bill Thornton.

So with the market being one for buyers, you never know what you will find at the Showcase of Homes.

"Our guys and gals are licensed, insured, bonded.  They are the people you want to either do your smallest remodel, or your biggest investment, the Great American Dream, your home," said Culpepper.


Showcase of Homes

October 19-21 and October 26-28

Friday and Saturday from 9:00 a.m. until 6:00 p.m.  and Sundays from 12:00 p.m. until 6:00 p.m.

The cost is $9 per person.

Take Southwest Drive South of Highway 63.  Turn right on Kellers Chapel road and follow the signs.


Story ideas or comments?  Email Will at wcarter@kait8.com.

 

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