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Homebuilding permits set for slight rise in Northwest Arkansas this year
Data: Census Bureau via housingdata.app; Chart: Axios VisualsNorthwest Arkansas is on track to permit more new housing units than last year, but only by about 2%, according to Census Bureau data.Why it matters: That's a problem for people facing steep housing prices. Experts estimate America is short more than 3 million units of housing, either to rent or buy.The big picture: U.S. metros overall are on track to permit fewer new housing units than last year. Higher interest rates for loans are slowing new-home and apartment construction, according to the National Association of Home Builders.Labor and lot shortages are also...
Residents in Benton County see increase in property values
BENTON COUNTY, ARKANSAS, Ark. — As Northwest Arkansas rapidly grows, the area faces an issue of supply and demand. That’s why some residents in Benton County faced a hike in property values for the 2024 reappraisal that the Benton County Assessor’s office just performed. “We have 165,650...
Week Ahead in NWA: Mainly Music
Thursday is shaping up to be the most musically inclined day of the week in Northwest Arkansas, with multiple live music events happening across the region. Bentonville is buzzing with the free event “Collide @ The Momentary.” This exciting night will feature live DJ Haus of Untz and a skating rink, all open from 8pm to 11pm.
Arkansas official says state unsure when Rogers Revenue Office will reopen after storm damage
Arkansas Official Says State Unsure When Rogers Revenue Office Will Reopen After Storm Damage. Arkansas is still grappling with the aftermath of severe storms that hit the state in late May. One of the critical infrastructure components affected was the Rogers Revenue Office, which has been closed since the storms damaged the roof.
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