Crye-Leike, REALTORS Little Rock, AR Managing Broker Diane Barsotti Appears On KATV Channel 7 News
By KRISTEN FISHER
KATV Channel 7 Little Rock, AR
Aired 6-25-2008 10pm News
Despite high prices at the pump, many Arkansans are still choosing to commute from surrounding communities.
The growth in Saline County–especially Benton and Bryant–is not what it was a few years ago. But they’re still growing faster than many cities in Arkansas.
Diane Barsotti has been a real estate broker in Bryant for the past 16 years. She’s watched it become one of the fastest growing cities in all of Arkansas. As a broker with Crye Leike Real Estate, she’s also watching how Saline County is handling the nationwide housing crisis.
(Diane Barsotti, Crye Leike Realtors) “We kind of go, ‘Wow, we’re so blessed.’ We’re really not seeing that or feeling that.”
Crye Leike sales in central Arkansas are down about 6%. But sales in Saline County are as good–if not better–than last year. It’s those kinds of figures, coupled with years of record growth, that have both Benton and Bryant racing to annex new land in time for the 2010 census.
(Rick Hollard, Benton Mayor) “It’s kind of a once-in-a-lifetime-type opportunity. I think it will be another 20 years before you have this kind of setup, where it’s really important for your city to have your population numbers up, because you get state turnback money related to that.”
It’s a big deal for both cities because it has the potential to boost revenue. But, for developers and real estate brokers, the reason is a bit more simple.
Both cities are trying to grow north by annexing the North Lake community. Benton will be holding a special election on the issue on August 12th.
The Bryant City Council has approved a special election, but a date has not yet been set.