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Disaster

President Obama on Monday issued a federal disaster declaration for 13 Arkansas counties affected by a severe winter storm on Dec. 5 and 6.

The declaration includes Van Buren, Crawford, Franklin, Johnson, Logan, Madison, Marion, Newton, Polk, Scott, Searcy, Sebastian and Sharp.

The declaration makes federal funding available to state and local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by the storm.

Federal funding also is available on a cost-sharing basis for hazard mitigation measures statewide, according to a White House news release.

Gov. Mike Beebe last month requested a federal disaster declaration for 15 counties. Independence and Montgomery counties were included in his request but were not included in Monday’s declaration.

The Federal Emergency Management Agency is continuing to conduct damage surveys in other areas, and additional counties may be designated for assistance after the assessments are fully completed, the White House said Monday.

Home sales

Arkansas Realtors reported a slight decrease in the number of homes sold statewide in November. The number of homes sold in Arkansas in November decreased by more than 2 percent over a year ago while the average price of those homes sold increased by slightly less than 1 percent.

The average price of the homes sold in the 43 county area surveyed by the Association increased from $150,777 in November 2012 to $151,350 in November 2013. Statewide valuations in November decreased by over 2 percent from last year.

Find the complete report at http://www.arkansasrealtors.com/news-events/housing-market-reports.

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