What to Expect for Q2

Q2 is officially here! How has the time flown by. So much is happening for Arkansas but here is what we should expect for the market in Arkansas. 

With little inventory in commercial real estate, we are expecting to see the market slowing down. Even though interest rates are up, prices are still up because of the low inventory. 

When we take a look into all of the different property types we see expenential growth because new developments are being built. But there is one class that isn’t experiencing growth. Office. As more people continue to work remote/hybrid there is less spaces being rented out. With a recent tornado hitting Little Rock, this will help the office vacancy for a little while, but not for long. Multifamily and industrial are by far leading the pack, but both are in short supply.

Overall for quarter two, we see buyers still out looking and that it is a sellers market.