Household debt service payments as a percentage of disposable income moved up in the fourth quarter of 2017, to 10.3 percent, a total that includes both mortgage and consumer debt payments.
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Debt and Disposable Income Percentage Moves Up
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Arkansas Condo Developers Find Feet in Niche Market
Jimmy Moses believes condos will always be “a little bit different product,” but are now an important anchor in a vibrant downtown offering more dining, shopping and entertainment options.
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Residential Trio Climbs the 2017 Ladder of Top Real Estate Agencies
Re/Max Elite, Coldwell Banker RPM Group and Keller Williams Realty, all of Little Rock, moved up among the top 10 residential realty firms in Arkansas last year.
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Debt Discharged for Lex and Ellen Golden
While Lex and Ellen Golden were discharged from bankruptcy last week, their Chapter 7 liquidation remains active with a pending auction of household furnishings and other assets.
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First National Bank of Paragould to Buy One Bank & Trust
First National Bank of Paragould announced Monday that it is buying One Bank & Trust of Little Rock.
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Stone Bank Opens New Branch in Little Rock
Stone Bank of Mountain View has finished renovating an 18,000-SF space in Little Rock for $1 million and opened its fourth retail banking location in Arkansas there.
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US Existing Home Sales Rose 1.1 Percent in March
U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers are undeterred by the dwindling number of properties available on the market.
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Makris: Simmons First's 1Q Shows 'Productive Start' to 2018
Simmons First National Corp. of Pine Bluff reports quarterly net income of $51.3 million, up 132 percent from the same quarter last year, as the company completed integrating Southwest Bank into its subsidiary bank.
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Two Banks Allege $2.4M in Fraud by Arkadelphia Insurance Agent Berry Bishop
The Bank of Prescott and Citizens Bank of Batesville filed civil suits Monday alleging frauds totaling $2.4 million by former insurance agent Berry Bishop and his agency, Alliance Insurance Group of Arkadelphia Inc.
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Southern Bancorp Raises $17.7M in First Close of Capital Campaign
Southern Bancorp Inc. of Little Rock raises $17.7 million through a recent capital campaign.
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Minority Interest in LR Investment Firm Sold to Staff
Greg Hartz, founder and co-owner of registered investment advising firm Foundation Resource Management, and Mark Millsap, co-owner, recently sold a minority interest in the firm to five staff members.
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Third Lawsuit Pushes Claims Against Berry Bishop to $3M
An insurance conglomerate has sued Alliance Insurance Group of Arkadelphia and its owner, Berry R. Bishop, pushing the total value of claims filed against them to more than $3 million.
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Gary Griffin Promoted to EVP at Stone Bank (Movers & Shakers)
Gary Griffin has almost 40 years of U.S. Small Business Administration lending experience and is a past board member of the National Association of Government Guaranteed Lenders.
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Springdale Ridge Property Bought for $11.25 Million (NWA Real Deals)
A California real estate investment firm paid more than $11 million for the Springdale Ridge Apartments.
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Rock Town Distillery Buys $2 Million Home (Real Deals)
Rock Town Distillery Inc., led by Phil Brandon, bought the onetime home of Jungkind Photographic at 1201 Main St.
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More Front Porches Coming to Rockwater Village
The near build-out of The Residences at Rockwater is putting new development activity in play for North Little Rock’s Lower Baring Cross neighborhood.
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Residential Lots Scarce As Northwest Arkansas Draws a Crowd
Space is not the problem for northwest Arkansas as thousands of new arrivals show up each year. The struggle is with affordability.
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The Cobbler's Kid (Barry Goldberg On Leadership)
The reasons that change projects take too long, cost too much, do not deliver promised results or never get over the line point to failures in leadership far more often than failures in execution.
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US Pending Home Sales Tick Up in March for 2nd Straight Gain
Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales.
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Home BancShares Names Donna Townsell Investor Relations Director
Home BancShares Inc. of Conway and its wholly-owned subsidiary, Centennial Bank, announced today the appointment of Senior Executive Vice President Donna Townsell to director of investor relations for Home BancShares.
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