1031 Exchange Arkansas
Arkansas is a delightfully diverse state with loads of opportunities for real estate investors. Be it a home that offers the beauty of nature right outside the window or a cozy bungalow nestled in the heart of a vibrant city; investors can locate any property they are searching for in Arkansas real estate.
One reason the real estate market is promising in Arkansas is because of the state’s strong economy. Arkansas is base to six Fortune 500 companies, including the world’s chief retailer, Walmart. Agriculture also plays a significant role in Arkansas’s economy, ranking 13th in the U.S. in terms of the values of goods sold. Tourism is equally vital since the state is home to scenic beauty, clear lakes, streams, and abundant wildlife. CNBC recently listed Arkansas the 20th best state for business in the country. Low construction and real estate costs make business start-up and relocation options in the state attractive. Also, the state has the 5th lowest cost of living, 28th best-educated workforce, and 31st-best infrastructure.