Home Sales Fall Almost Universally in Region 8

JONESBORO, AR (KAIT) - Minus Clay County, every county in Region 8 experienced a decline in home sales in 2008 compared to the previous year.

For some counties, the declines weren't great. Greene County saw sales fall 4.4% (373 sold in 2008, vs. 390 in 2007).

Others experienced far worse declines. In Cleburne County, a whopping 27.4% drop slammed the housing market (329 in 2008, vs. 453 in 2007).

The one county that experienced growth was Clay County, which sold 38 houses in 2008 vs. 36 in 2007, a 5.6% increase.

To see the full report, including numbers that show Craighead County's average home sale price actually increasing, click on the associated link titled "Full Report."