Friday, August 21, 2009

Local Real Estate Market is Solid

FOR IMMEDIATE RELEASE

Contact:
Scott Deaton
Broker/Owner
EXIT Realty Deaton Group
501-221-3948
Scott@ExitRealtyDeatonGroup.com

Local Real Estate Market is Solid

National Market Experiencing Indicator Improvements

Little Rock, Arkansas (Grassroots Newswire) August 21, 2009 -- The Little Rock Realtors® Association hosted Lawrence Yun, Chief Economist and Senior VP of Research with the National Realtors® Association (NAR), on Thursday, Aug. 13.


Dr. Yun pointed out in his presentation that the Little Rock area real estate market has maintained steady activity over the past couple of years, and that some current indicators are experiencing improvements in the national real estate market.

"It was a pleasure to have Dr. Yun available for our local REALTORS® to hear. He is the expert when it comes to the real estate market," states Scott Deaton, Broker/Owner of EXIT Realty Deaton Group in Little Rock.

"Dr. Yun's presentation showed us that our Little Rock area market didn't experience a bubble like other major markets and has been steady, and also pointed out that the national market may have reached bottom and made the turn toward improvements. This is positive news," continues Deaton.

Also released this week was positive news concerning July marking the 5th straight rise in single-family home building, and homebuilder confidence in U.S. rising to a 1 year high. These are additional signs that the housing decline that began in 2006 may be improving.

For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, AR 72211. Additional information is available www.WeAreExit.com.

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    Documents and/or Photos available for this release:

Dr. Yun
Scott Deaton

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 220506

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