Livingston Parish FHA Appraisers Video: 3 New Schools Opening In Livingston Parish

https://www.denhamspringsappraisers.com/ – Livingston Parish FHA Appraisers Video: 3 New Schools Opening In Livingston Parish The Advocate Newspaper is reporting on 3 New Schools Openining In Livingston Parish – Video Interview With Bill Spear

Greater Baton Rouge Real Estate Dropped From Distressed Cities List By Mortgage Insurance Company

http://www.batonrougefhaappraisers.com/ – Greater Baton Rouge Real Estate Dropped From Distressed Cities List By Mortgage Insurance Company On July 20, 2009 The Baton Rouge Business Report reported that Genworth Mortgage Insurance Corp. dropped Baton Rouge from it’s declining and distressed cities list, which could lead to looser down payment standards locally. The link to the article is here.

LA Realtors Report Good News For Baton Rouge Real Estate In July 2009

http://www.batonrougefhaappraisers.com/ – LA Realtors Report Good News For Baton Rouge Real Estate In July 2009 LA Realtors reports Pending Home Sales Record Fourth Straight Monthly Gain, as directly quoted: “Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the latest survey. The Pending Home Sales Index increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was Continue reading LA Realtors Report Good News For Baton Rouge Real Estate In July 2009

Greater Baton Rouge Townhome and Condo Market Still Faces Challenges in 2009

http://www.batonrougerealestateappraisers.net/ – Greater Baton Rouge Townhome and Condo Market Still Faces Challenges in 2009 I recently performed an appraisal in the gated townhome development, Bromley Townhomes in Baton Rouge 70810, which was further evidence to me that the Post Katrina Very High Pricing and overbuilding of Condos and Townhomes (not to mention too many condo conversions) across Greater Baton Rouge will take some time to absorb and correct. And, the correction is not pretty. Bromley Towhomes is an upscale, gated townhome development within 1/2 mile of Perkins Rowe where in 2004 to 2006, new 2 bedroom 1,460sf units sold between Continue reading Greater Baton Rouge Townhome and Condo Market Still Faces Challenges in 2009

Greater Baton Rouge Home Sales Decline 19% First 6 Months Of 2009

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Business Report is Reporting Greater Baton Rouge Home Sales Decline 19% First 6 Months Of 2009 The Baton Rouge Business Report is reporting this morning that area home sales were down 19% for the first 6 months of 2009. The link to the news on 7/13/2009 is at: http://www.businessreport.com/archives/daily-report/2009/jul/13/1077/ and here’s a snippet as directly quoted: “Baton Rouge area home sales are down 19% through the first six months of 2009 as the effects of the national recession continue in the area. According to figures from the Greater Baton Rouge Association of Realtors Multiple Listing Service, Continue reading Greater Baton Rouge Home Sales Decline 19% First 6 Months Of 2009

Denham Springs Homes Mortgage Rates Drop This July 2009 Week

https://www.denhamspringsappraisers.com/ – Denham Springs Homes Mortgage Rates Drop This July 2009 Week According to the Friday NAR Realtor Email, Mortgage Rates Dropped This Past Week. “Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac. The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago. The 15-year mortgage declined to 4.69 percent, down from 4.77 percent. Five-year ARMs were down to 4.82 percent from 4.88 percent. One-year ARMs fell to 4.82 percent from 4.94 percent. Source: Los Angeles Times (07/10/09)” The Link is Continue reading Denham Springs Homes Mortgage Rates Drop This July 2009 Week

June 2009 NAR Pending Numbers Could Be Excellent News For Denham Springs Real Estate

https://www.denhamspringsappraisers.com/ – June 2009 NAR Pending Numbers Could Be Excellent News For Denham Springs Real Estate The Louisiana Realtor E-News Digest is reporting some fantastic news about Pending Home Sales Rising Again. The source of the news was the NAR (National Association of Realtors) and here’s a snippet of the news: “Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of REALTORS. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, increased 0.1 percent Continue reading June 2009 NAR Pending Numbers Could Be Excellent News For Denham Springs Real Estate