Real Estate News Not All Bad

Despite what is being reported widely in the national media, not all real estate news is negative.

For example, the news coming out of Faulkner County, Arkansas, shows the real estate market in that area in only down by 1 percent over the same time last year.

Local Realtor Richard Henley had this news to share:

"We're seeing increased real estate activity," he said. "Last month was one of our best months. I've been busy, and I know other Realtors have been busy as well. That's always a comforting thing."

He added, "We've been tracking this quite a while. Home prices are apparently not going to have any significant decrease in this area. We are all quite pleased with this news."

In Oklahoma home values continue to rise prompting the Central Oklahoma Home Builders Association and the Oklahoma Association of Realtors to start separate marketing campaigns trumpeting the good news about real estate in the Sooner State.

The Realtors' main message is that home values in Oklahoma rose more than 4 percent last year compared with 2006, in stark contrast to other markets where values are plummeting. Lisa Yates, chief executive of the Realtors group, said Realtors were glad to see the builders' campaign, "which reinforces the facts about our solid market.”

Lenders in these neighboring states avoided the real estate trap of subprime mortgages found in other areas of the country.

For additional news concerning real estate, visit National Realty News.