Updated On
08/26/08 at 10:06AM
Little Rock stays afloat
Little Rock
By
David Smith
From the August issue: Little Rock, Arkansas, has endured one of the country's harshest real estate downturns in decades, with home prices gradually increasing even as sales decline. Home sales have fallen for 28 consecutive months in Pulaski County, where Little Rock is located. For the first quarter of this year, sales in Pulaski County were off 28 percent compared with the corresponding quarter in 2007. But the median home price rose 3.8 percent over the same period.
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