For the last 12 months or so, the real estate market in Little Rock, Arkansas, has shown noticeable growth trends in both average property values and the value per square foot. Looking at the trend between June 2023 and May 2024 we see consistent appreciation of property values in the area, which suggests a healthy market conducive to investment and homeownership. Throughout this period, the <a href="https://www.realtytrac.com/market-trends/little-rock-ar/">average property value in Little Rock</a> has increased significantly, with a notable peak of approximately $279,000 by May 2024. This is complemented by the rise in value per square foot, which peaks at about $140.
See also: <a href="https://www.realtytrac.com/resources/little-rock-real-estate-market-report-2024/">Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024</a>
<h3>Analysis of Property Values</h3>
In June 2023, the average property value in Little Rock began at $250k. This figure steadily increased, signaling a robust growth in property valuation, which peaked at around $280k this month. This approximates to a 12% increase over the year. Simultaneously, the value per square foot began at $132 in June 2023 and exhibited a gradual increase, reaching $140 by May 2024, representing a 6% rise. This continued growth in value per square foot is parallel to the increase in overall property values, reinforcing the positive trend in the market.
The sale price and the average sale price per square foot both fluctuated. The highest average sale price recorded was $226,183 in September of last year, but by May 2024 the sale price adjusted to slightly below this peak at $224,012. The average sold price per square foot saw its highest at $131 in May of this year.
<h3>Sold Homes</h3>
September 2023 observed the highest number of <a href="https://www.realtytrac.com/little-rock-ar/sold/">sold homes in Little Rock</a>, with a total of 2,885 transactions on the MLS. In contrast, May 2024 experienced the highest inventory on the market with 636 properties available for sale. This indicates differing dynamics in terms of supply and demand at various points throughout the year. The higher number of sales in September could suggest a seasonal peak in buying activity, while the larger inventory in May might indicate seasonal adjustments or growing supply due to anticipated demand.
Overall, the real estate market in Little Rock presents potential for both buyers and sellers, given the appreciating values and the active market participation. These trends not only help in understanding the current market status but also aid potential investors and homeowners in making informed decisions.

Market Reports

Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024

The Little Rock, AR real estate market has shown growth, with average property value increasing to $279k and value per square foot reaching $140.

Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024 - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/06/Little-Rock-AK-Real-Estate-Market-Report-April-2024.png

Resource

RealtyTrac

Manuel is an expert in all things real estate, including buying and flipping homes.

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Manuel Martinez

Recently, property values have grown in <a href="https://www.realtytrac.com/market-trends/fort-collins-co/">Fort Collins, CO</a>. As of April 2024, the average listing price in Fort Collins is $636,850, up 6% from $599,900 in November the previous year. Such appreciation highlights the market’s growth over a six-month timeframe. Average sale prices remain quite stable, with April 2024 recording an average sale price of $552,572, compared to $551,330 in December 2023.
Price per square foot also reveals variance across the months, ranging from $261 in April 2024 to a higher $276 in December 2023. This fluctuation could reflect changes in the types of properties sold, such as a mix between luxury homes and more modest dwellings, or possibly shifts in consumer demand influencing pricing.
Comparing Fort Collins to adjacent cities, <a href="https://www.realtytrac.com/market-trends/timnath-co/">Timnath</a> has a higher average property value of $845,450 in April 2024, suggesting a pricier neighborhood when compared to Fort Collins. Fort Collins saw 1,718 properties changing hands in April of this year. As we know, <a href="https://www.realtytrac.com/market-trends/">seasonality</a> is a common phenomenon in real estate, with summer often bringing an uptick in transactions.
<h2>Current Real Estate Snapshot in Fort Collins and Nearby Cities</h2>
At the time of writing this report, Fort Collins has an average property value of $636,850 with an average price per square foot at $261. The city holds 283 properties on the market, and the price of sold homes is $552,572, with an impressive average sold price per square foot at $343.
A comparative analysis shows Timnath with an even higher average property value at $845,450 and an average sold price of $724,014, but with a lower price per square foot ($227) than Fort Collins. Laporte, with its small property count of 3, holds the highest average value in this dataset, at an impressive $1,275,000, and a correspondingly high average sold price per square foot at $477.
Looking at <a href="https://www.realtytrac.com/market-trends/severance-co/">Severance</a>, the average property value is more modest at $570,000, and the average sold price aligns closely at $479,000, but it features the lowest price per square foot among these cities at $186. Windsor reports an average value of $819,000 with a corresponding average sold price at $574,896 and average price per square price at $318.
<a href="https://www.realtytrac.com/market-trends/wellington-co/">Wellington</a>, meanwhile, presents the most affordable average property value at $470,000 and a very close average sold price at $466,754, with its price per square foot for sold properties at $297. These metrics denote key differences among the locations but point to a more accessible market in Wellington.
The data elucidates regional similarities and variances, equipping buyers, sellers, and investors with a clear picture of each locale’s market status. Fort Collins offers a vibrant market, while nearby cities cater to diverse preferences and budgets, from Timnath’s luxurious offerings to Wellington’s budget-friendly homes.

Fort Collins Property Values Climb, Sale Prices Stabilize Amidst 2024 Regional Market Shifts

The Fort Collins real estate market has seen a steady increase in property values and stability in sale prices, indicating a balanced market.

Fort Collins Property Values Climb, Sale Prices Stabilize Amidst 2024 Regional Market Shifts - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/05/Fort-Collins-Real-Estate-Report.png

Foreclosure

Predicting foreclosure trends is a complex task that requires careful analysis of key data. By considering the factors influencing foreclosure rates, understanding the role of economic indicators, recognizing regional variations, and implementing effective strategies, individuals can minimize the risk of losing their homes.



Foreclosure trends are influenced by a multitude of factors. Economic indicators, such as unemployment rates, interest rates, and GDP growth, play a significant role in determining the likelihood of <a href="https://www.realtytrac.com/foreclosure/">foreclosures</a>. When the economy is in a downturn, and individuals are struggling to meet their financial obligations, foreclosure rates tend to increase. 



Factors like consumer debt levels, <a href="https://www.realtytrac.com/market-trends/">housing market conditions</a>, and lending practices can also impact foreclosure trends. Each local market has its own unique set of dynamics. Things like job growth, population changes, and local regulations can vary from one region to another and greatly influence foreclosure trends. So, to make informed decision about the market, consider both national and local data when predicting foreclosure rates.



<h3 class="wp-block-heading" id="h-government-intervention">Government Intervention</h3>



During times of economic crisis, governments may implement foreclosure moratoriums or <a href="https://www.realtytrac.com/resources/biden-affordable-housing-program-a-good-start-but-are-investors-really-the-problem/">assistance programs</a> to help struggling homeowners avoid losing their properties. These interventions can have a significant impact on foreclosure rates by providing temporary relief to those facing financial difficulties.



Other social factors such as demographic shifts and cultural norms can also play a role in foreclosure trends. For instance, areas with aging populations may experience higher foreclosure rates as older homeowners struggle to keep up with mortgage payments on fixed incomes. Understanding these social dynamics is essential for gaining a comprehensive view of foreclosure trends and their implications on different communities.



<h2 class="wp-block-heading" id="h-the-role-of-economic-indicators-in-predicting-foreclosures">The Role of Economic Indicators in Predicting Foreclosures</h2>



<a href="https://www.realtytrac.com/resources/are-higher-mortgage-rates-a-short-term-phenomenon/">Economic indicators</a> serve as vital tools in predicting foreclosure trends. When unemployment rates rise, it often leads to a decrease in household incomes and an increase in the number of homeowners struggling to make mortgage payments. Similarly, low-interest rates can fuel housing market activity, but they can also drive individuals to take on <a href="https://www.realtytrac.com/resources/what-type-of-loan-is-best-for-first-time-home-buyers/">mortgages</a> that they may struggle to repay if rates rise in the future.



Understanding the relationship between these economic indicators and foreclosure trends can help homeowners, policymakers, and industry professionals make informed decisions. By monitoring and analyzing data on unemployment rates, interest rates, and other economic variables, individuals can gain valuable insights into the likelihood of future foreclosures.



The impact of economic indicators on foreclosure rates can also vary depending on regional factors. For instance, areas heavily reliant on a single industry may experience a more significant increase in foreclosures if that industry undergoes a downturn. On the other hand, regions with diverse economies may be more resilient to economic shocks, resulting in lower foreclosure rates even during challenging times.



<h2 class="wp-block-heading" id="h-regional-variations-in-foreclosure-trends">Regional Variations in Foreclosure Trends</h2>



While national data provides a broad perspective on foreclosure trends, it is essential to dig deeper into regional variations. Different regions may experience varying levels of economic growth, job opportunities, and housing market conditions, all of which affect the likelihood of foreclosure.



For example, certain areas hit harder by the housing crisis may still be recovering and could have higher foreclosure rates compared to other regions experiencing economic prosperity. Regions heavily reliant on specific industries may be more susceptible to foreclosure risks when those industries face challenges.



Real estate professionals, policy analysts, and homeowners should consider region-specific data to gain a comprehensive understanding of foreclosure trends. By examining factors such as population changes, job growth, and industry diversification within a specific area, individuals can tailor their foreclosure predictions and develop targeted strategies to mitigate risk.



Areas with robust <a href="https://www.realtytrac.com/resources/stop-foreclosure/">foreclosure prevention</a> programs or housing assistance initiatives may experience lower foreclosure rates compared to regions lacking such support systems. Understanding how governmental interventions influence foreclosure trends can provide valuable insights for stakeholders seeking to address housing market challenges.



<h2 class="wp-block-heading" id="h-strategies-for-mitigating-foreclosure-risk">Strategies for Mitigating Foreclosure Risk</h2>



Now that we have explored the key data used to predict foreclosure trends, it’s time to discuss strategies for mitigating the risk of foreclosure. Whether you are a homeowner or an industry professional, taking proactive steps can make a significant difference in preventing the loss of a home.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="680" src="https://nationsinfocor.wpengine.com/wp-content/uploads/2013/08/Stopping-a-home-foreclosure-1024x680.jpg" alt="A home foreclosure" class="wp-image-24740" srcset="https://nationsinfocor.wpengine.com/wp-content/uploads/2013/08/Stopping-a-home-foreclosure-1024x680.jpg 1024w, https://nationsinfocor.wpengine.com/wp-content/uploads/2013/08/Stopping-a-home-foreclosure-300x199.jpg 300w, https://nationsinfocor.wpengine.com/wp-content/uploads/2013/08/Stopping-a-home-foreclosure-768x510.jpg 768w, https://nationsinfocor.wpengine.com/wp-content/uploads/2013/08/Stopping-a-home-foreclosure.jpg 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Foreclosed Home</figcaption></figure>



One crucial strategy is to establish a strong financial foundation. This includes maintaining a healthy credit score, keeping debt levels manageable, and having an emergency fund to cover unforeseen expenses. Building a safety net can help homeowners weather financial storms and avoid defaulting on their mortgage payments.



Furthermore, accessing foreclosure prevention programs can provide much-needed assistance to struggling homeowners. These programs offer resources such as loan modification options, financial counseling, and foreclosure alternatives. Understanding and utilizing these programs can help homeowners navigate challenging circumstances and potentially save their homes.



Finally, staying informed about market trends, economic indicators, and local housing market conditions is essential for proactive foreclosure risk management. By monitoring relevant data and seeking professional advice, individuals can identify potential red flags and take appropriate action before it’s too late.



Another effective strategy for mitigating foreclosure risk is to consider <a href="https://www.realtytrac.com/resources/foreclosure-financing/">refinancing options</a>. Refinancing a mortgage can help homeowners secure a lower interest rate, reduce monthly payments, or change the loan term to make it more manageable. By exploring different refinancing opportunities, homeowners can potentially improve their financial situation and decrease the likelihood of facing foreclosure.



Additionally, building strong relationships with housing counselors and real estate professionals can provide valuable support in navigating the complexities of the housing market. These experts can offer guidance on budgeting, financial planning, and accessing available resources to prevent foreclosure. Establishing a network of knowledgeable professionals can empower homeowners to make informed decisions and take proactive steps towards securing their homes.

Data analysis

Listing Type

Foreclosed Home

How to Stop a Home Foreclosure

Packing boxes storage

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Man with empty wallet

How Do You Buy a House if You’re Broke?

Rules for auctions

Foreclosure Auction Dos and Don'ts

foreclosure_home_for_sale_sign

How to Buy A Foreclosure - A Guide for Investors and Homebuyers

Key Data To Analyze When Predicting Foreclosure Trends

With the right information you can better predict and understand foreclosure trends.

Key Data To Analyze When Predicting Foreclosure Trends - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/05/Data-analysis.jpg

David joined Nations Info as President in 2020 to take on the responsibilities of strategic planning, overall company management, product development and customer acquisition. With him, David brings 20 years of experience in the internet and technology industries, with leadership in Product, Marketing, Technology, as well as leading international teams in companies such as Ebates, Living Social, Groupon and Microsoft. David attended The MIT Sloan School of Management’s MBA program and earned his Bachelor’s degree from the University of California, Berkeley, studying Computer Science.

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David Teng

Detailed guides on various real estate financing methods.

Financing Guides

RealtyTrac is offering a scholarship worth $2,500 to a college student who demonstrates keen interest and insight in real estate. To be considered for this scholarship, applicants are asked to write an essay and submit it for consideration as described below.



<ul class="wp-block-list">
<li>Deadline: October 31, 2024</li>



<li>Scholarship Amount: $2,500</li>
</ul>



The RealtyTrac scholarship 2024 is for students planning to enroll, or who are currently enrolled in an accredited post-secondary institution. This initiative is open to students of all fields of study and GPAs.



<h3 class="wp-block-heading" id="h-essay-topic">Essay Topic:</h3>



Breaking into Real Estate: How To Get On The Property Ladder in 2024



With high interest rates, low home inventory, and soaring house prices, first-time home buyers and first-time real estate investors face several headwinds. Write an essay outlining your thoughts about the ways to become a homeowner or make your first real estate investment despite the tougher-than-usual market conditions. 



Showcase your unique perspective and how your own personal experience, research or perspective has shaped your thinking about real estate investing.



The future of real estate is shaped by the next generation of investors and homeowners, and we want to hear from those of you who have had firsthand experiences or are considering home ownership or real estate investment in a tougher housing market. We want to hear from students like you, who are eager to explore and expand your real estate knowledge and experiences.



The essay must be between 800 and 1200 words in length. Submit your essay via email to scholarship@realtytrac.com.



<h2 class="wp-block-heading" id="h-about-the-realtytrac-2024-scholarship">About The RealtyTrac 2024 Scholarship</h2>



As the leading source of U.S. <a href="https://www.realtytrac.com/foreclosure/">foreclosure listings</a> and a trusted resource for real estate investment, we at RealtyTrac are dedicated to providing the next generation of real estate professionals with the information and tools needed to succeed.



The 2024 RealtyTrac Scholarship is a distinctive opportunity that supports the applicant who best articulates their personal engagement with real estate. We’re looking for someone who exemplifies curiosity, innovative thinking, and can demonstrate a genuine interest in real estate. This scholarship will be awarded to the student whose profile and story most compellingly reflect these qualities.



<h2 class="wp-block-heading" id="h-2024-application-process">2024 Application Process</h2>



<figure class="wp-block-table"><table><tbody><tr><td>Prize:</td><td>$2,500 cash prize to one winner.</td></tr><tr><td>Eligibility requirements:</td><td>Applicants must reside in any of the 50 United States, the District of Columbia, or a U.S. Territory, excluding Rhode Island and Michigan. Applicants must be 16 years of age or older. Applicants must be currently enrolled or plan to enroll in a college or university within the United States within three months of submitting their essay.</td></tr><tr><td>How to submit your essay</td><td>Use Google Docs to write your essay and share it with scholarship@realtytrac.com.</td></tr><tr><td>Dates</td><td>Application deadline October 31, 2024. The winner will be notified after within 2 weeks of the deadline.</td></tr><tr><td>Winner requirements</td><td>The winner will allow RealtyTrac to publish the winner’s name, photo and the winning essay on realtytrac.com. The winner may be asked to leave a short video testimonial which may be published on our website, emails, and marketing materials. Please refer to the Terms and Conditions below for the full requirements. See also our <a href="https://www.realtytrac.com/privacy-policy/">Privacy Policy</a>.</td></tr></tbody></table></figure>



<h4 class="wp-block-heading" id="h-terms-and-conditions">Terms and Conditions </h4>



GLOBAL INFO LLC RealtyTrac.com 2024 Scholarship Program Terms and Conditions



NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO APPLY OR PARTICIPATE. A PURCHASE WILL NOT INCREASE CHANCES OF SELECTION AS A SCHOLARSHIP RECIPIENT.



THE FOLLOWING PROGRAM IS GOVERNED BY THESE TERMS AND INTENDED FOR PARTICIPATION IN THE 50 UNITED STATES AND THE DISTRICT OF COLUMBIA ONLY (EXCLUDING RHODE ISLAND AND MICHIGAN) AND SHALL BE CONSTRUED AND EVALUATED ACCORDING TO UNITED STATES LAW. BY APPLYING FOR A SCHOLARSHIP, YOU ACKNOWLEDGE AND AGREE TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS STATED HEREIN. VOID WHERE PROHIBITED.



<ol class="wp-block-list">
<li>Eligibility to Apply:
<ul class="wp-block-list">
<li>The RealtyTrac.com 2024 Scholarship Program (the “Program”) brought to you by Global Info LLC (“Sponsor”) is open only to individuals who, as of the last day of the Program Period meet all the following eligibility criteria:
<ul class="wp-block-list">
<li>A legal resident of the 50 United States and the District of Columbia (“D.C.”) excluding Rhode Island and Michigan, located within the United States or D.C.</li>



<li>At least 16 years of age and no older than 26 years of age;</li>



<li>On-track to apply for (pending receipt of a high school diploma or G.E.D. equivalent) or currently enrolled in an accredited post-high school/post-secondary educational program (including accredited two-year and four-year colleges, universities, vocational-technical, and trade schools);</li>



<li>Not a previous recipient of the RealtyTrac Scholarship.</li>
</ul>
</li>



<li>An applicant who is a minor in his/her/their state of residence must obtain and submit written permission from his/her/their parent/legal guardian to apply.</li>



<li>Directors, officers, and employees of Sponsor, Global Info LLC, RealtyTrac.com, and its parent, subsidiaries of its parent, affiliates, franchisees, licensees, and the advertising and promotion agencies involved with this Program are not eligible to apply or receive a scholarship under this Program.</li>
</ul>
</li>



<li>The Program Period:
<ul class="wp-block-list">
<li>The Program begins on January 1, 2024, at 12:00:00 a.m. Eastern Standard Time (“EST”) and ends on October 31, 2024, at 11:59:59 p.m. EST (the “Program Period”). Scholarship recipients will be selected and notified by September 15, 2024.</li>
</ul>
</li>



<li>How to Apply:
<ul class="wp-block-list">
<li>To apply, write an essay between 800 and 1200 words in length that answers the following question:
<ul class="wp-block-list">
<li>“Breaking into Real Estate: How To Get On The Property Ladder in 2024” – Discuss the challenges faced by first-time home buyers and investors, such as high interest rates, low home inventory, and soaring house prices, and suggest ways to overcome these obstacles.</li>
</ul>
</li>



<li>Then, visit https://www.realtytrac.com/resources/scholarship/ (the “Website”) during the Program Period, and follow the on-screen instructions to complete and submit the online application form with your first and last name, date of birth, email address, parent/guardian email address (if you are a minor in your state of residence), address, city, state, zip code, phone number, essay topic, class status, institution name, and upload your essay (altogether, an “application”). All applications must be in English.</li>
</ul>
</li>



<li>Application Guidelines
<ul class="wp-block-list">
<li>By submitting an application, you agree that your application is gratuitous and made without restriction, and will not place Sponsor under any obligation, and that Sponsor is free to disclose the ideas contained in the application on a non-confidential basis to anyone or otherwise use the ideas without any additional compensation to you. You acknowledge that, by acceptance of your application, Sponsor does not waive any rights to use similar or related ideas previously known to Sponsor, or developed by its employees, or obtained from sources other than you. Sponsor reserves the right to, and may or may not, monitor/screen applications. By applying, you acknowledge that Sponsor has no obligation to use or post any application you submit.</li>



<li>By submitting an application you warrant and represent that it: (a) is your original work, (b) has not been previously published, (c) has not won previous awards, (d) does not infringe upon the copyrights, trademarks, rights of privacy, publicity or other intellectual property or other rights of any person or entity; and (e) that publication of the application via various media including Web posting, will not infringe on any third party rights. Any such applicant will indemnify and hold harmless, Sponsor and Releasees (defined below) from any claims to the contrary.</li>
</ul>
</li>



<li>Scholarship Awards:
<ul class="wp-block-list">
<li>One scholarship of $2,500 will be awarded.</li>



<li>Funds must be used for tuition, required fees, books, and course-specific supplies at accredited institutions.</li>
</ul>
</li>



<li>Selection and Notification:
<ul class="wp-block-list">
<li>Essays will be judged on insight, creativity, relevance, and thoroughness.</li>



<li>Winner will be notified by September 15, 2024</li>
</ul>
</li>



<li>General Scholarship Conditions & Administration:
<ul class="wp-block-list">
<li>All awards will be directed by Sponsor to the higher education institute designated by the scholarship recipient upon the recipient’s enrollment. Scholarships must be utilized at an accredited post-high school/postsecondary educational programs (including accredited two- and four-year colleges, universities, vocational-technical, and trade schools in the 50 United States or D.C.) for tuition, required fees, books, and course-specific supplies.</li>



<li>As a condition of being awarded the scholarship, the recipient must agree to provide a video testimonial and allow publication of their essay and photo on RealtyTrac.com.</li>



<li>The scholarship award is non-transferable. No cash alternative is offered, except at the Sponsor’s discretion.</li>
</ul>
</li>



<li>General Program Conditions:
<ul class="wp-block-list">
<li>By applying, all applicants (or applicants’ parent/legal guardian, as applicable) agree and covenant on behalf of themselves and their family, heirs, personal representatives, executors, assigns and insurers, to release, acquit, hold harmless, waive and forever discharge Sponsor, Global Info LLC, RealtyTrac.com, and their respective officers, directors, members, managers, employees, contractors, and agents (collectively, “Releasees”) from any and all claims, demands, damages, debts, costs, fees, obligations, loss, expenses, compensation, actions or causes of action whatsoever, of every nature, character, and description.</li>
</ul>
</li>



<li>Limitation of Liability: 
<ul class="wp-block-list">
<li>Sponsor is not responsible for incorrect or inaccurate information in connection with this Program, whether caused by Internet users or by any of the equipment or programming associated with or utilized in the Program or by any technical or human error which may occur in the processing of applications. Sponsor is not responsible for computer system, email, phone line, hardware, software or program malfunctions, or other errors, failures or delays in computer transmissions or network connections that are human or technical in nature. Sponsor reserves the right at its sole discretion, to disqualify any individual applicant (and his or her application) who tampers with the application process. If, for any reason, the Program, in the sole opinion of Sponsor, is not capable of running as planned by reason of fraud, virus, bugs, or any other causes which, in sole opinion of the Sponsor, corrupt or affect the administration, security, fairness, integrity or proper conduct of this Program, Sponsor reserves the right, at its sole discretion, to cancel, terminate, modify or suspend the Program. </li>
</ul>
</li>



<li>Binding Arbitration:
<ul class="wp-block-list">
<li>Binding Arbitration: Any controversy or claim arising out of or relating to this Program shall be settled by binding arbitration in a location determined by the arbitrator as set forth herein (provided that such location is reasonably convenient for claimant), or at such other location as may be mutually agreed upon by the parties, in accordance with the procedural rules for commercial disputes set forth in the Comprehensive Arbitration Rules and Procedures of JAMS (“JAMS Rules and Procedures”) then prevailing, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The arbitrator shall be selected pursuant to the JAMS Rules and Procedures. The arbitrator shall apply Florida law consistent with the Federal Arbitration Act and applicable statutes of limitations and shall honor claims of privilege recognized at law. In the event that the claimant is able to demonstrate that the costs of arbitration will be prohibitive as compared to the costs of litigation, Sponsor will pay as much of the claimant’s filing and hearing fees in connection with the arbitration as the arbitrator deems necessary to prevent the arbitration from being cost-prohibitive. If any part of this arbitration provision is deemed to be invalid, unenforceable or illegal (other than that claims will not be arbitrated on a class or representative basis), or otherwise conflicts with the rules and procedures established by JAMS, then the balance of this arbitration provision shall remain in effect and shall be construed in accordance with its terms as if the invalid, unenforceable, illegal or conflicting provision were not contained herein. If, however, the portion that is deemed invalid, unenforceable or illegal is that claims will not be arbitrated on a class or representative basis, then the entirety of this arbitration provision shall be null and void, and neither claimant nor Sponsor shall be entitled to arbitrate their dispute. Upon filing a demand for arbitration, all parties to such arbitration shall have the right of discovery, as provided in the JAMS Rules and Procedures, unless further extended by mutual agreement of the parties. THE ARBITRATION OF DISPUTES PURSUANT TO THIS PARAGRAPH SHALL BE IN THE APPLICANT’S INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN THE CLAIMS OF OTHER PERSONS OR PARTIES WHO MAY BE SIMILARLY SITUATED. DO NOT APPLY IF YOU DO NOT AGREE TO HAVE ANY CLAIM OR CONTROVERSY ARBITRATED IN ACCORDANCE WITH THESE TERMS AND CONDITIONS. BY PARTICIPATING IN THIS PROGRAM, EACH APPLICANT AGREES THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THE PROGRAM, OR ANY SCHOLARSHIP AWARDED, WILL BE RESOLVED INDIVIDUALLY THROUGH BINDING ARBITRATION AS SET FORTH ABOVE, WITHOUT RESORT TO ANY FORM OF CLASS ACTION; (2) ANY AND ALL CLAIMS, JUDGMENTS AND AWARDS WILL BE LIMITED TO ACTUAL THIRD-PARTY, OUT-OF-POCKET COSTS INCURRED (IF ANY); (3) UNDER NO CIRCUMSTANCES WILL ANY APPLICANT OR SCHOLARSHIP RECIPIENT BE PERMITTED TO OBTAIN ANY AWARD FOR, AND APPLICANT HEREBY KNOWINGLY AND EXPRESSLY WAIVES ALL RIGHTS TO SEEK, PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, LOST PROFITS AND/OR ANY OTHER DAMAGES, OTHER THAN ACTUAL OUT OF POCKET EXPENSES), AND/OR ANY RIGHTS TO HAVE DAMAGES MULTIPLIED OR OTHERWISE INCREASED; AND (4) APPLICANT’S REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND APPLICANT IRREVOCABLY WAIVES ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY, SO THE ABOVE MAY NOT APPLY TO EVERY APPLICANT.</li>
</ul>
</li>



<li>Submission Warranties and Representations:
<ul class="wp-block-list">
<li>By submitting an application, you warrant and represent that the essay is your original work, has not been previously published, has not won previous awards, does not infringe upon the copyrights, trademarks, rights of privacy, publicity, or other intellectual property rights of any person or entity, and that publication of the essay will not infringe on any third party rights.</li>



<li>You agree to indemnify and hold harmless the Sponsor and its affiliates from any claims to the contrary.</li>
</ul>
</li>



<li>Governing Law/Jurisdiction:
<ul class="wp-block-list">
<li>All issues and questions concerning the construction, validity, interpretation and enforceability of these Terms and Conditions, applicant’s rights and obligations, or the rights and obligations of the Sponsor in connection with the Program, shall be governed by, and construed in accordance with, the laws of the State of Florida, without giving effect to any choice of law or conflict of law rules.</li>
</ul>
</li>
</ol>



Sponsor: Global Info LLC, DBA RealtyTrac.com, 433 Plaza Real, Suite 275, Boca Raton, FL 33432

RealtyTrac Scholarship Program

Financing

Coin stack step up graph with red arrow and percent icon, Risk management business financial and managing investment percentage interest rates concept

A Guide to Foreclosure Financing and Refinancing

Buying a home

Financial Planning Is Key To Prevent Your Home to Go Into Foreclosure

$2,500 RealtyTrac Scholarship, 2024

Write an essay for the chance to be awarded a $2,500 scholarship.

$2,500 Scholarship Essay Competition. 2024 | RealtyTrac

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