Home Sellers And Buyers Lose Money or Pay Too Much Without Pre-Listing or Pre-Purchase Appraisal

Walker Louisiana 70785 New Homes

Baton Rouge Real Estate: Google developing tablet to rival iPad.


http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Tech Gadgets: Google developing tablet to rival iPad.

Mashable Blog has announced that Google is developing a tablet to rival iPad.

google tablet

And, unlike the iPad, which I would not buy because it doesn’t play 90% of video on the web today via “Flash Video”, the Google tablet will play 90% of video on the web today.

Livingston Parish Sees Higher Priced Homes Decline In Sales Volume and Pricing


http://www.denhamspringslarealestate.net/ – Livingston Parish Sees Higher Priced Homes Decline In Sales Volume and Pricing!

livingston parish homes real estate

According to Tom Cook and the Baton Rouge Business Report Weekly this week,

The largest increase in the volume of sales took place in Livingston Parish in the $100,000 to $150,000 price range. From March 2008 to February 2009, there were 107 sales in this price range. From March 2009 to February, there were 221 sales in this price range. This represents an increase of 106%. Homes in the $200,000 to $250,000 price range decreased in volume by nearly 9% from March 2009 to February. Home sales in the $200,000 to $250,000 price range fell 22% from March 2008 to February 2009.

Denham Springs high end summary

 

This is one point I fully agree with and see in this market. The Denham Springs and Walker markets from $200,000 to $300,000, where new home pricing is above $115/sf, have been way oversupplied for at least the past year. This is one of the reasons that Juban Parc became the “New Juban Parc” because Denham Springs isn’t really a higher end housing market. In fact, since 4/2009, only 13% of home sales have been above $200,000. The developers and builders both expected too high of potential sales prices in the western Livingston Parish market, especially in the Walker market. This could be one reason that Autumn Run is being finished out by Vicknair Builders.

82 Competing Listings Is An OverSupply!

Currently in the GBRAR MLS, there are 82 competing listings in this price range. The search parameters were: $200,000 to $300,000, 1600sf to 3000sf, Ages New to 4-5 Years Old, Extracted on 4/14/2010.

Online Search For Greater Baton Rouge Homes For Sale


http://www.batonrougerealestatebuzz.com/ - Online Search For Greater Baton Rouge Homes For Sale

Visit Baton Rouge Real Estate Buzz to search online for Baton Rouge Homes For Sale!

baton rouge homes search

baton rouge real estate search

Video: Denham Springs Real Estate Appraisers – Accurate Valuations Group 225-293-1500


http://www.denhamspringsappraisers.com/ – Video: Denham Springs Real Estate Appraisers – Accurate Valuations Group 225-293-1500

 

Baton Rouge Real Estate Video: Preparing Your House For Home Appraiser – The Exterior Inspection


billcobbappraiserhttp://www.batonrougerealestateappraisal.com/ - Preparing Your Greater Baton Rouge Home For Home Appraiser – The Exterior Inspection. In this video, Baton Rouge Home Appraiser, Bill Cobb, discusses how to prepare your home for the appraiser’s visit.

 

 


 

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Baton Rouge Real Estate Video: Preparing Your House For Home Appraiser – The Interior Inspection


http://www.batonrougerealestateappraisal.com/ - Preparing Your Greater Baton Rouge Home For Home Appraiser – The Interior Inspection. In this video, Baton Rouge Home Appraiser, Bill Cobb, discusses how to prepare your home for the appraiser’s visit.

 


 

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Greater Baton Rouge Homeowners: Home Appraisal Tips – First Impressions Count


http://www.accuratevg.com/ - Greater Baton Rouge Homeowners: Home Appraisal Tips – First Impressions Count

appraisal tips

I found this helpful video and wanted to share with locals. As a home appraiser for almost 20 years now, I can certainly relate to what Sherie Smith is saying.



Watch Sherie’s Other Homeowner Appraisal Tips @ http://www.youtube.com/user/SherieSmith

Baton Rouge Real Estate Appraisers: NAR Says January 2010 U.S. Home Sales Fall 7.2 Percent


http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers: NAR Says January 2010 U.S. Home Sales Fall 7.2 Percent

baton rouge housing down

The Source Is Baton Rouge Business Report. The Baton Rouge Business Report Is Dispensing Information From The National Association Of Realtors Regarding January Home Sales, see below. AND NOTE, This decline is despite efforts by our Federal Government to offer the $8,000 Tax Credit, which was supposed to help national home sales.

Sales of previously occupied homes took a large drop for the second consecutive month in January, falling to the lowest level since summer. It is understood as another sign the housing market’s recovery is faltering. The National Association of Realtors said sales fell 7.2% to a seasonally adjusted annual rate of 5.05 million from a downwardly revised pace of 5.44 million in December. The results, the weakest since June, were far worse than forecast. Economists expected a slight increase, to a rate of 5.5 million.

Sales declined throughout the country, falling the most—nearly 11%—in the Northeast. Sales fell by about 7% in the South and the Midwest and by more than 5% in the West.

Zillow: Greater Baton Rouge Real Estate 2009 Declines -4.3% Year Over Year


http://www.accuratevg.com/ - Greater Baton Rouge Real Estate 2009 Declines -4.3% Year Over Year

Zillow.com is reporting that Baton Rouge Metro (Greater Baton Rouge) had a -4.3% decline since 1/2009, see the charts below. The Zillow report can be read here! Also according to Zillow, the Shenandoah market, comprised of approximately 2,800 homes, experienced a -2.3% decline in the same period.

zillow baton rouge real estate data 2

zillow baton rouge real estate data

 

ACCURATE VALUATIONS LOGO BordersFor Your Greater Baton Rouge Home Appraisal Needs, Give Accurate Valuations Group A Call at 225-293-1500

http://www.accuratevg.com/

Are Greater Baton Rouge Realtors Performing BPOs For Lenders Illegally?


http://www.batonrougerealestateappraisal.com/ - Are Baton Rouge Realtors Performing BPOs For Lenders Illegally?: No More BPOs For You! (How You Could be Violating RELRA)

just-say-no-to-bpos

Renee PorsiaOn February 16, 2010, Renee Porsia posted an interesting article on AgentGenius entitled, “No More BPOs For You! (How You Could be Violating RELRA)

agentgenius dot com

It’s an interesting read and I recommend appraisers take time to read this one! Here’s a snippet:

Perform a BPO and you may be violating the Real Estate Licensing and Registration Act (RELRA) and the Real Estate Appraisers Certification Act, and could be prosecuted by the Real Estate Commission or the State Board of Certified Appraisers or both.”

“For those Brokers/Realtors who are currently performing BPOs or those who have been performing BPOs to get extra income, those days are over and they should be grateful they have not yet been caught thus far.”

Mary Thompson AppraiserMary Thompson also wrote on Active Rain about this very topic, “Just say no to BPO’s… in place of a bona fide appraisal

 

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