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Welcome

Coldwell Banker Tatman Realtors Welcomes YOU to Arkadelphia!

The Tatman Team has been in real estate since 1957 and we are here to help YOU!  We want to help you find the perfect home, commercial property, or land for your real estate needs.  Our agents are trained and specialized to make sure that your experience is pleasant and positive.  Please let us know what you are looking for and we will be more than delighted to help find you the perfect spot in our beautiful town!

 

A Little About Arkadelphia  

Arkadelphia is located at the foot of the Ouachita Mountains and Ouachita National Forest with Hot springs National Park in our backyard, just up scenic highway 7. Arkadelphia is home to two, four year universities. They are Henderson State University and Ouachita Baptist University, each with a rich tradition in academics, music, athletics, the arts and much more.

Photo courtesy of Dan ValovichThe recreational opportunities in Arkadelphia are endless. Nearby DeGray Lake has 13,800 acres for all water sports and miles of shoreline for camping and picnicking. Iron Mountain Lodge and Marina and Cabin Rentals has everything from boat storage and docks to boat and cabin rentals along with a full marina. DeGray is also home to the DeGray State Park, featuring a resort hotel and convention facility, plus an 18 hole golf course, tennis courts, horseback riding, camping and marina. The Ouachita and Caddo Rivers flow through our area and offer a paradise for canoeist, fishermen or an opportunity to take a cool lazy float on a hot afternoon.

The Clark County Industrial Park is home to several state of the art industries providing a diverse manufacturing community. Such companies in the park and nearby are Alcoa, Danfoss, Drumco, Siplast, Georgia Pacific and others.

Clark County, Arkadelphia and the area feature:

  • National Schools of Excellence
  • Two 4-year Universities
  • Tri-Lakes District - Scenic Highway
  • Listed in "50 Fabulous Places to Raise your Family"
  • On I-30 Near Hot Springs and Little Rock

 

You owe it to yourself to visit Arkadelphia. We hope you'll stay!

 

Scott Tatman and The Tatman Team
Coldwell Banker Tatman, Realtors®

Testimonials

Our agent at Coldwell Banker Tatman was able to do exactly what my wife and I asked her to do. We told her that we needed to sell our house quickly and we needed to find a new bigger home just as fast. Before a sign was in front of our house, we had two offers on our house. Additionally, our agent was able to find a house that fit our needs as a family perfectly. This all happened within 2 weeks of our conversation with our agent about wanting to buy a new house and sell our current house. She did an excellent job and we are thankful that she is our realtor. J.R. Eldridge
Our agent at Coldwell Banker Tatman was such a pleasure to work with. She seemed to really care about us personally and wanted to help us find the right home for our family. She is friendly, professional and eager - all wonderful qualities to have in an agent. It's no wonder she is so successful! K. Brandon

Real Estate News!!!

Latest Realty News from NAR

President’s Day 2019: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2018 Profile of Home Buyers and Sellers to see how the typical home differs from the White House.

Typical Home Purchased in the U.S.

  • 86% of buyers purchased a previously owned home, with 82% of buyers choosing a detached single-family home.
  • Looking by first-time and repeat buyers, both also purchased detached single-family homes more often with 80% of first-time buyers and 83% of repeat buyers.
  • 51% of all buyers purchased their home in a suburb/subdivision.
  • The typical detached single-family home purchased was 1,980 square feet.
  • Recent homes purchased also had a median of 3 bedrooms, 2 bathrooms, and were built in 1991.
  • Among all buyers, the expected length of tenure in the home purchased was 15 years.

The White House

  • The White House was built in 1792, and in comparison is located in an urban or central area.
  • The White House contains 6 levels, has 132 rooms, including 35 bathrooms.
  • It also includes features such as: a tennis court, jogging track, swimming pool, billiard room, movie theatre, and bowling alley.
  • While the median expected tenure in a home lasts around 15 years, in the White House the expected tenure is between 4 and 8 years.

 

For more information on this data check out the President’s Day Infographic and the 2018 Profile of Home Buyers and Sellers.

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 63 percent were married couples, 18 percent were single females, nine percent were single males, and eight percent were unmarried couples.
  • Four percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 54 percent were married couples, and 67 percent of repeat buyers were married couples.
  • Among first-time buyers, 16 percent were unmarried couples, and five percent of repeat buyers were married couples.
  • Among all home buyers, 82 percent purchased a detached single-family home, eight percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 83 percent of unmarried couples purchased a detached single-family home.
  • Married couples were typically 45 years old with a household income of $106,300. They typically purchased a home that was a median of 2,070 sq. ft., for $289,000.
  • Unmarried couples were typically 34 years old with a household income of $88,800. They typically purchased a home that was a median of 1,630 sq. ft., for $219,000.
  • Single females were typically 54 years old with a household income of $61,400. They typically purchased a home that was a median of 1,550 sq. ft., for $189,000.
  • Single males were typically 52 years old with a household income of $73,200. They typically purchased homes that were a median of 1,590 sq. ft., for $215,000.
  • Fifteen percent of all buyers were influenced to choose their neighborhood based on the convenience to a vet or outdoor space for their pet. 20 percent of unmarried couples chose their neighborhood based on the convenience to a vet or outdoor space for their pet.

For more information on how relationship status and household composition affects homeownership choices, check out the 2018 Profile of Home Buyers and Sellers and the Valentine’s Day infographic.

December 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were unchanged from last month at 4.99 percent this December, and up 18.2 percent compared to 4.22 percent a year ago.

  • Housing affordability declined from a year ago in December moving the index down 8.4 percent from 161.2 to 147.6. The median sales price for a single family home sold in December in the US was $256,400 up 3.4 percent from a year ago.
  • Nationally, mortgage rates were up 77 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was down from last month at 16.9 percent this December and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.4 percent of income. The South had the second highest payment at 16.7 percent followed by the Northeast at 16.5 percent. The Midwest had the lowest payment as a percentage of income at 13.1 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 9.2 percent. The South had an increase of 2.7 percent while the West had a gain of 2.3 percent. The Midwest had a modest decline in price of 0.1 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.3 percent. The South had a decline of 8.2 percent followed by the Midwest that fell 5.8 percent. The West had the smallest drop of 5.6 percent.
  • On a monthly basis, affordability is up from last month in all of the four regions. The Midwest region had the biggest increase of 4.7 percent. The Northeast had a decline of 3.1 percent followed by the West with a dip of 2.3 percent. The South had the smallest gain in affordability of 0.3 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 191.5. The least affordable region remained the West where the index was 106.9. For comparison, the index was 149.3 in the South, and 151.8 in the Northeast.

  • Mortgage applications are currently down while credit availability is up. Home prices are up 3.4 percent while median family incomes are growing 3.6 percent. Sales declined this year due to affordability issues, which has been more impactful than a healthy job market. Gains in affordability in all four regions are a good sign in the current market. Rate changes have an impact on the housing sector so small hikes can influence the effect on finances for potential homebuyers.

  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.
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Coldwell Banker
Tatman Realtors

107 North 26th Street
Arkadelphia AR 71923
Office 870-246-4575
800-792-8955
Fax 870-246-4577
statman@tatmanrealtors.com

ABR - Accredited Buyer RepresentativeCRS - Certified Residential SpecialistEqual Housing OpportunityGRI - Graduate, REALTOR® InstituteMLS membershipREALTOR® certification

©2019 Coldwell Banker Tatman, Realtors. All rights reserved.

Coldwell Banker® and Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Tatman, Realtors fully supports the principles of the Fair Housing Act and the Equal opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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