Denham Springs Real Estate News: South Woodcrest 2012 Update

Denham Springs Real Estate News: South Woodcrest 2012 Update   South Woodcrest experienced three (3) GBRMLS home sales in 2011 but none yet in 2012 Year To Date. Solds In South Woodcrest from 1/1/2011 to 12/31/2011 revealed: Average Sales Price: $92,967 Average Sold Price Per Sq. Ft.: $81.40/sf Median Sold Price: $95,000 Number of Sales: 3   On average, these 3 2011 Sales sold for 90.49% of listing price and took 159 days on the market to sell. This was not a sign of strength in this market but an enormous correction from the Post Hurricane Katrina highs of $133,339 Continue reading Denham Springs Real Estate News: South Woodcrest 2012 Update

Selling Your Denham Springs Western Livingston Parish Home? Don’t Lose Thousands Doing So!

https://www.denhamspringsappraisers.com/ – Selling Your Denham Springs Western Livingston Parish Home Do Not Lose Thousands Doing So. Are you thinking about selling your Western Livingston Parish Denham Springs Home? Your home is possibly your largest investment. Did you know that in 2012, the average sold price per square foot is $91 dollars per square foot and if your home isn’t properly measured, you could lose out on $9,100 dollars in equity per 100 square feet of error. Will your home actually be measured for a listing in the local MLS? It’s highly questionable. We provide Pre-Listing and Pre-Purchase Appraisals throughout Western Continue reading Selling Your Denham Springs Western Livingston Parish Home? Don’t Lose Thousands Doing So!

Livingston Parish Main Library Grand Opening

“Baton Rouge, LA, USA – May 23, 2012 – The grand opening ceremony for the new Livingston Parish Main Library is scheduled to take place on Friday, June 1st at 10am at the new facility located at 20390 Iowa Street in Livingston Parish. The design of the new library is the product of a joint venture between Cockfield Jackson Architects and Labarre Associates. Lead designer Steve Jackson of Cockfield Jackson Architects will give a short talk about the project and the design process. He will be one of several speakers at the dedication ceremony.” Article Source: http://www.cjarchitects.com/livingston-parish-main-library-grand-opening/ Image Source: http://www.cjarchitects.com/livingston-parish-main-library-grand-opening/ See Continue reading Livingston Parish Main Library Grand Opening

Nationally, Case-Shiller home prices decline 2% in Q1 to new post-crisis lows

Another reason NOT to be paying above current market support  for Baton Rouge Housing!  Question is….do you know where current market support is for the home you plan on buying?  If not, how will you make a purchase decision without the needed facts involved?  Baton Rouge Pre-Purchase Home Appraisals can provide you with detailed market data and an unbiased value of the home you plan on purchasing!  From HousingWire on 05/29/2012: “Home prices nationwide continued to decline in the first quarter of 2012, but at a moderate pace, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices. S&P called the Continue reading Nationally, Case-Shiller home prices decline 2% in Q1 to new post-crisis lows

Livingston Parish sees record April sales tax haul

From The Advocate Newspaper:  “LIVINGSTON — Sales tax collections in Livingston Parish were higher than those of any previous April on record, the latest report shows. The April collections were also the second-highest for any month in the history of the parish, the director of the sales tax program confirmed. Only Christmas sales in 2008 were higher than the latest month’s figures, said Mike Curtis, who heads that program. The April collections indicate a continuing robust economy for the parish, he said. A close look at the latest numbers shows people are starting to purchase “big ticket items” including vehicles, Continue reading Livingston Parish sees record April sales tax haul

Nationally, Existing home sales and prices increase in April;  Housing recovery is underway

From Real Estate Investors Daily:  “Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in April were at at a seasonally adjusted-annual rate of 4.62 million units which is a increase of 3.4 percent from the month before and an increase of 10.0 percent from a year ago. The actual number of homes sold in April was 400,000 which is an increase of 11.1 percent from the month before and an increase of 6.7 percent from a year ago when there were 375,000 homes sold. Home prices increase for third-consecutive month…. The median home Continue reading Nationally, Existing home sales and prices increase in April;  Housing recovery is underway

If you want a Baton Rouge FHA loan, you’ll have to do these 5 things

This is from Birmingham AL Appraiser Tom Horn’s Blog below and helpful advice for locals in Baton Rouge seeking FHA financing for a home loan.   Tom says, “If you’re getting an FHA loan and want to make sure the appraisal goes off without a hitch make sure you pay attention to these 5 items. If you don’t then it could delay the loan and your closing. The appraiser has to make note of the items listed below, and if he/she cannot then a second trip may be necessary:…. 1) Provide access to attic- The appraiser has to make a “head Continue reading If you want a Baton Rouge FHA loan, you’ll have to do these 5 things

Cut in USDA rural development loan program may hurt Greater Baton Rouge Louisiana towns

The TBWS Guys also reported on this on their vidoe blog as well.  It would hurt Greater Baton Rouge housing as well!   From NOLA.com: “The financing offered by the rural development loan program is so attractive that it accounts for about half of all home loans in the River Parishes…” See on www.nola.com

Baton Rouge Home Sales Actually Up 26% in April 2012, Not Just 21% | Baton Rouge Real Estate Housing News

City of Baton Rouge Home Sales Actually Up 26% in April 2012, Not Just 21% As Reported In Media. Reporting on GOOD NEWS in Baton Rouge Real Estate this morning. According to GBRAR MLS Numbers for April 2011 versus April 2012, the number of sold properties was up 26% from 230 in April 2011 to 289 in April 2012. Number of home under contract is up 42% from 281 in April 2011 to 399 in April 2012. The average months supply of inventory is down -39.5%. The average days on market is down 12%. See on www.batonrougehousingreports.com