Photo Credit: Canva Tips to hire contractors for your home projects Have you or someone you know ever had a contractor not complete the work, or the contractor walked away with thousands of dollars? Most of us have heard a horror story similar to this. Although most...
Real Estate Insights
8 Low- or No-Cost Ways to Lower Your Monthly Energy Cost
Eight ways homeowners can lower their monthly expenses by taking easy and inexpensive steps before the winter season. As the chill of winter sets in, these low- or no-cost steps will lower your monthly utility bills and protect your home from costly repairs. Let's...
NWA Winter Real Estate: Is It The Best Time To Buy?
Winter is almost here; what does that mean for the real estate market in Northwest Arkansas? Historically, NWA has experienced a slowdown in real estate activity during the winter. Factors like the holiday season, cooler weather, and fewer daylight hours contribute to...
Easy Tips to Reduce Your Tax Liability for 2023
Photo credit: Canva Are you missing out on opportunities to save thousands of dollars? Discover the most practical ways to reduce your tax liability. At NWALook, we've revealed the top eight applicable and practical ways to lower your tax liability. Vehicle...
Influx of High-Income Residents: What’s the Impact on NWA Luxury Real Estate
As Northwest Arkansas continues to attract high-net-worth residents, we have seen increased demand for Luxury Real Estate. At NWALook we defined Luxury Real Estate in Northwest Arkansas as $850,000+ between 0-5 acres. This subcategory in real estate often allows for...
Highly Sought Single-Family Rentals: Keeping Sale Prices Elevated
As you may already know, Northwest Arkansas Single-family has significantly increased over the past five years. Contributing factors have been population growth and a lack of inventory in multi- and single-family. Not only prospective tenants, but this has also...
How Zoning Codes Affect Housing Affordability… A Targeted Way to Provide More Affordable Housing.
Has the City of Fayetteville done enough to create proper zoning codes to accommodate the impending growth? According to a consultant's report, it doesn't appear so. Is it too late, or can the city adjust to bring more housing into the city? This begins with proper...
How to Increase Density on My Single-Family Lot
When it comes to land and its potential for development, it's not always straightforward. There are many factors to consider, including future opportunities. Depending on your goals, it's crucial to understand how to unlock a property's potential uses. One valuable...
Uncovering Northwest Arkansas Real Estate Market Trends
Let's uncover the latest data on Northwest Arkansas real estate and gain insights into its performance as we move into Q4 2023. Active Residential Listings In August 2023, Benton and Washington County had 3,383 active listings, marking a 2% increase compared to...
Is Multi-Family Vacancy On The Rise?!
Fannie Mae economists have recently shared their insights on the future of Multi-Family construction in the United States. Multi-family construction is expected to slow by 22 percent in 2024, down to 389,000 units nationally, down from approximately 475,000 units in 2023. Will this be the case for Northwest Arkansas?
Is Commercial Office Space Headed for Darker Days?
Is Commercial Office Space Headed for Darker Days? Based on factors of increased interest rates, the pandemic creating opportunities to work from home that have stuck, and much of the previous office lease terms expiring has created a trifecta of trouble looming over...
What You Need to Know to Forecast Fall 2023
Where are we compared to this time last year? How does 2023 compare from year to date? Are we ahead, or are we falling behind? Let’s start by taking a look at home prices. In August of 2022, the median sales price for homes in NWA stood at $328,575. Fast forward to...