http://www.denhamspringsappraisers.com/ - Denham Springs Real Estate Holds Its Own in 2009: USA Today.

Christine Dugas with USA Today is reporting on the good fortune of the Denham Springs Real Estate Market, which is located within the Greater Baton Rouge Real Estate Market, in 2009. Her article is here: “Baton Rouge real estate market holds its own” Here’s a snippet from the indepth report:

“•Sales status. In October, home sales were 2% higher than the same month last year. The first-time home buyer tax credit has been a catalyst. This year, first-time buyers accounted for 40% to 45% of sales, Daly says.

•Price points. The first-time buyers have focused on the market’s low end. With high-end homes selling more slowly, the median price in October was just 1.3% higher than a year ago.

•Local economy. Baton Rouge almost escaped the recession. “Historically, it always hits us a little later, and we get hit much lighter than the rest of the nation,” says Loren Scott, a Baton Rouge economist.

In October, the area’s unemployment rate was 6.8%, compared with the state rate of 7.4% and the national rate of 10.2%. In part, that’s because Baton Rouge’s chemical firms and petroleum refineries provide steady employment. And the area also benefited from legislation passed to rebuild after Hurricanes Katrina and Rita.

“There is an unusual amount of construction going on,” Scott says. “Much of it is building new plants that are hiring more people.”

•Hot ‘hoods. Until recently, Capital Heights, a historic neighborhood, was not very desirable and was dominated by rentals. But a non-profit association is helping revitalize Mid City, a region that includes Capital Heights.”

http://www.denhamspringsappraisers.com/ – Need A Residential Probate Appraiser In Denham Springs Louisiana?

Bill Cobb, CREA, with Denham Springs Accurate Valuations Home Appraisal Group, is a real estate appraiser based in the Baton Rouge Market with 18 years experience. He covers multiple Parishes (or Counties) in the Greater Baton Rouge Region and works for brokers, banks, governmental agencies, Real Estate Agents, attorneys, home owners and more.

Accurate Valuations Denham Springs Probate Residential Appraisers Group

P.O. Box 40515
Baton Rouge, LA 70835
TEL: 225-293-1500
MOBILE: 225-953-0638
TOLL FREE: 1-888-678-3544
FAX: 1-866-663-6065
STAFF EMAIL: fastvalue2@cox.net
WEBSITE: http://www.accuratevg.com

Coverage Area:

Ascension Parish/County – Only Northern Ascension: Geismar/Dutchtown 70734, Gonzales 70737, Prairieville 70769, Saint Amant 70774 and Sorrento 70778

East Baton Rouge Parish/County – ALL

Livingston Parish/County – Only Western Livingston: Denham Springs 70706 & 70726, Livingston 70754, Walker 70785

West Baton Rouge/County – ALL

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