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News - Monday, July 27, 2009

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Green homes get platinum rating
If you’ve driven past the old Union Train station in Little Rock recently, you might have noticed a new colony of chic downtown condos. With their rich colors of orange, yellow and brown with green plants, you’d think the Vertical Modern Urban Lofts were just another outcropping of downtown housing.

Plans for a Fairplex in Benton would benefit entire state
With the constant news of companies closing and downsizing splashed across TV screens and filling up air space, word about a new fairplex in Benton was a positive change.
Jill Jones, executive director Benton Advertising and Promotion Commission, was the bearer of good news at the Benton/Bryant Realtors Association meeting on July 15.

United Way calls on locals for help
United Way in Little Rock is buzzing with activity. The launch of their new campaign, Live United is fast approaching, but this time around, United Way wanted to try something different.
“Last year our national organization, United Way of America, premiered the new Live United theme,” said Brad Robertson, director of campaign for United Way in Little Rock.

Thirtysomething
Do you know how you’d react in an emergency? You probably think you’d be one way, but you have no idea until something actually happens.
Such was the case for me on the last night of our recent beach vacation. We did some packing up after our last fresh seafood dinner, hit the beach for one last walk at night, then went to our condo to get plenty of rest before our 4 a.m. wake-up call. It is so much easier to travel during the night, while little ones sleep.

Kay’s Cooking Corner
You gotta love summer with all the fresh, homegrown vegetables at the Farmers’ Market. It is a treat to just go and wander through all of the rows of the red, green, orange and yellow fruits and vegetables! There are so many shapes and colors. It truly makes you appreciate all the work and energy farmers have put into growing each and every thing.

Art Walk in Argenta brings culture with each footstep
On the third Friday of every month, from 5 to 8 p.m., the Argenta district in North Little Rock hosts an Art Walk on the sidewalks of the city. This event is great for families, especially for parents who are worried about bringing their little ones into art galleries.

The Critic's Corner
If every geek who ever harbored a secret love for the most popular kid in school went to see “I Love You, Beth Cooper,” they’d make it the most successful film in history. Enough people would see “Beth Cooper” to sink “Titanic” hundreds of times over.

Capital City Chatter
About a week ago, Parish and I camped out at Barnes & Noble for almost two hours. If I had an unlimited amount of moola, I would go there every day. Unfortunately, at this moment in time, I do not. But if I can convince myself (and Parish) that the book is an investment, I pull the trigger.

Financial Focus
Own a business? Put retirement plan in place
If you own a small business, you have a lot to think about: sales, expenses, marketing, cash flow, competition — the list goes on and on. However, by spending so much time on the issues of today, you may overlook the concerns of tomorrow. That’s why, if you haven’t already done so, you need to choose a retirement plan for your business.

It must be true
A Serbian woman living for years with a deadly heart condition has been cured after being struck by lightning.
Shocked doctors who’d been treating Nada Acimovich, 51, for arrhythmia — irregular heartbeats that can be a killer —discovered she had made a complete recovery.

Natural State Snapshots
A speed boat cruises by the Arkansas Queen during a beautiful summer afternoon.

How’s the rental market in Saline County?
The news regarding housing markets in Arkansas may be mixed, but landlords are reporting steady business.
According to the May 2009 housing market report from the Arkansas Realtors Association, sales of single-family, new and existing residential units for the first five months of the year stood at 8,760 – down 16.32 percent from 8,760 sales through May 2008. The average sales price in the first five months of 2009 was $142,435 – down 3.95 percent from $148,299 through May 2008.

House to House
The trick to buying a foreclosed home
Over the past couple of years we’ve seen a lot of news about foreclosures and with good reason – people who can snap up a bank owned property can often save some money.
Why? Because banks aren’t in the business of listing and selling property. Once a bank takes back a home from a debtor in default on a mortgage, that bank wants to clear it out quickly and make back some money on the deal.

Conway Realtor says her town is a diamond in the rough
Jan Clark said Conway has changed a lot over the years.
It was a small town when she was young and attending elementary school there and has grown to a city with a population of 55,000 and a diverse economy.
“It’s a very blessed town. It’s a diamond in the rough,” Clark said. “It’s beginning to really shine now.”

Prime delinquencies up; Arkansas beats out national averages
The default rate on prime mortgages is on the rise, but a report from the Federal Reserve Bank of St. Louis shows that the 8th District fared better in terms of prime delinquencies last year and Arkansas posted the best numbers in that district.
Problems in the subprime market may have kicked off foreclosures and related troubles in the housing industry, but foreclosures on prime loans were on the rise in the first quarter of 2009. According to a May 28 report from the Mortgage Bankers Association, prime fixed-rate home loans accounted for 29 percent of new foreclosure filings in the first quarter of 2009 — the largest share of any type of loan.



Kraft