Mon, 26 August 2013
CW 334: Little Rock Arkansas Real Estate Investment Market Profile with Local Market Specialist Jeremy
Jason Hartman talks about rent increases exceeding inflation, Fed tapering off on mortgage backed securities buying and the possible end of the government's role in the secondary mortgage market (Fannie Mae and Freddie Mac). After a quick announcement about the Austin, Texas property tour http://www.jasonhartman.com/events/ Jason discusses Little Rock, Arkansas with our Local Market Specialist (LMS).
From Wikipedia: Little Rock is the capital and the largest city of the U.S. state ofArkansas. The Metropolitan Statistical Area (MSA) had a population of 717,666 people in the 2012 census estimate. The MSA is included in the Little Rock−North Little Rock, AR Combined Statistical Area, which had a population of 893,610 in the 2012 census estimate. As of the 2010 US Census, Little Rock had a city proper population of 193,524. It is the county seat of Pulaski County.
Located near the geographic center of Arkansas, Little Rock derives its name from a small rock formation on the south bank of theArkansas River called la Petite Roche (French: "the little rock"). The "little rock" was used by early river traffic as a landmark and became a well-known river crossing. The "little rock" is across the river from "big rock," a large bluff at the edge of the river, which was once used as a rock quarry. There have been two ships of the United States Navy named after the city, including USS Little Rock (LCS-9).