Tag: Fort Smith area home sales

FDIC reports bank failures in Georgia, Texas

Reports of such failures creates an appreciation for health of banks in the Fort Smith region.

Fitch reports higher credit card delinquencies expected in 2009

One in eight cardholders could default on store-issued credit cards. Merry Christmas.

Home sales, airport traffic declines part of weekly economic review

The City Wire economic review for the week of Dec. 8 – Dec. 12: • The Arkansas Realtors Association reported Thursday that November homes sales in Crawford and Sebastian counties…

Crawford County high on foreclosure filing list

Foreclosure numbers from Irvine, Calif.-based RealtyTrac show 116 foreclosure activities in the Fort Smith region in November 2008, a 45 percent increase from November 2007 and a 6.4 percent increase…

Arkansas’ Senators split vote on auto bailout

The Senator who soon faces reelection voted against the auto bailout bill.

Proposed bill attempts to avoid repeat of city director turmoil

A bill filed recently by State Rep. Tracy Pennartz, D-Fort Smith, seeks to avoid the “turmoil” that resulted when former Fort Smith city director Velvet Medlock chose to live in…

Morril Harriman says economy top issue at Governor’s office

Morril Harriman, a veteran of 16 years in the Arkansas Senate representing the Van Buren/Fort Smith area, said “communication, communication, communication” is vital for area business and civic leaders interested…

Fort Smith airport traffic sees big decline in November

November passenger traffic at the Fort Smith Regional Airport fell 26.3 percent compared to November 2007. This follows a 20.5 percent decline in October traffic compared to the previous year….

Peter is back with soup, pizza, frogs and oreos.

The Friday Feast mixes Vietnamese beer with ribs and pizza and something called moonfrogs. We fear The City Wire has already lost control of Peter. (Don’t they have medicine for that?)

Home sales decline in Sebastian and Crawford counties

Regional real estate sales for the first 10 months of the year show double-digit percentage declines in many cases of the number of homes sold and the total value of…

Manufacturing sector financial officers not sure about 2009 recovery

Despite the recent layoffs at Whirlpool, Rheem, Trane, Riverside and other Fort Smith area manufacturers, the manufacturing sector remains an important part of the regional economy. The future of that…

Large music festival coming to Ozark area

The City Wire has learned that Wakarusa, a large “music and camping festival," has relocated its venue from Lawrence, Kan., to Ozark for its June 2009 festival. The four-day festival…

Believe in evolution? You’re probably Catholic.

Harris Poll finds that Americans believe in God, UFO’s and reincarnation. No results on how many of you think Elvis is still alive.

Sales tax collections up in the region

Sales tax collections in the Fort Smith region (Crawford, Franklin, Logan and Sebastian counties) indicate that consumer spending remained strong in the January-September 2008 period. The only decline in the…

Most Fort Smith regional banks sport good quarterly financial reports

Despite declines in net income and increases in bad loan provisions, area banks are healthy relative to their counterparts in other metro areas.

Interstate 49 and I-540 work on Arkansas’ ‘ready-to-go’ projects list (updated)

The Arkansas Highway and Transportation Department submitted Wednesday (Dec. 10) a $1.1 billion project list for consideration as Congress prepares to push an infrastructure stimulus plan. Of that, $116 million…

Area home prices increase, Fort Smith building permits off to slow start

Average and median prices of new and existing homes in the Fort Smith/Van Buren markets dropped 3.6 percent and rose 0.5 percent, respectively, between Aug. 4 and Dec. 8. The…

Arkansas job losses continue, small auto plant could land in NLR

News from around the state is reminiscent of the phrase, “One step forward, two steps back.” The step forward is news from North Little Rock Mayor Pat Hays that the…