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Washington, D.C. - October 07, 2008 - (RealEstateRama) — U.S. Senators Blanche Lincoln and Mark Pryor along with U.S. Representative John Boozman (AR-03) today announced that the University of Arkansas is the recipient of an $832,684 grant through the U.S. Department of Education’s Rehabilitation Continuing Education Program.

The President today declared a major disaster exists in the State of Arkansas and ordered Federal aid to supplement State and local recovery efforts in the area struck by severe storms, flooding, and tornadoes beginning on May 2, 2008, and continuing.

U. S. home foreclosure filings jumped 60 percent and bank seizures more than doubled in February over the same month the year before as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid falling prices.

WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to ten tornado-ravaged counties in Arkansas and provide support to homeowners and low-income renters forced from their homes following severe storms, high winds and flooding. This assistance includes foreclosure relief for families whose homes are insured through HUD's Federal Housing Administration (FHA)

Thursday, Jan 24, 2008 - LITTLE ROCK – Governor Beebe today joined with community leaders and energy officials in calling for additional funding for the federal Low Income Home Energy Assistance Program, also known as LIHEAP. Next week, advocates for low-income assistance will converge on Washington, DC, encouraging Congress to increase LIHEAP funding by $800 million to help elderly, disabled and low-income Americans offset increasing energy costs.

The Baxter County Quorum Court heard some appeals from the Baxter County Planning Commission and heard speakers supporting a land use management ordinance which will be considered at the December meeting.

LITTLE ROCK – Each year millions of dollars in unclaimed property—un-cashed checks, bank accounts, utility deposits, and stock certificates—are turned over to the State by companies who cannot locate the owners.

Housing construction in Winfield has been strong in the past 10 years and is still moving at a good pace, Winfield City Manager Warren Porter said this week. Through Sept. 19, 2007, permits for 16 homes and 20 apartment units had been issued by the city this year, Porter told the Winfield Rotary Club Wednesday. A total of 40 units were constructed last year.

The number of residential building permits issued in Northwest Arkansas during the second quarter of 2007 decreased by 56 percent from the second quarter 2006, according to the Arvest Bank Skyline Report.

Housing demand remains strong in Northwest Arkansas while builders are scaling back on new construction, a combination that shows improvement in the residential market oversupply stated by the Skyline Report in previous quarters.

Arkansas - A Van Buren County man on the losing end of a lawsuit warns that if the decision stands all Arkansas home buyers risk being on the losing end with him. At the center of the disagreement is the disclosure form filled out by most home sellers and how honest their answers have to be.

Less than 18 months ago real estate was the hottest game in town as new bank branches sprouted all over Northwest Arkansas and loan officers raced to embrace developers with open arms.