Month: May 2012

Nationally, Housing starts in April shoot up 30% over last year | HousingWire “The number of housing starts, or homes beginning construction, hit 717,000 in April, up 29.9% from year ago levels, the federal government said Wednesday. Housing starts also rose 2.6% from March’s revised figure of 699,000 starts and nearly 30% from the 552,000 starts recorded in the same month last year, the U.S. Census and Department of Housing and Urban Development said.”  Read the remainder of this HousingWire article at the link below.  See on www.housingwire.com

via BusinessReport.com, “With 616 sales recorded as of this morning, 20.8% more homes were sold in April across the eight-parish region tracked by the Greater Baton Rouge Association of Realtors compared to the same month a year ago, GBRAR reports. Last April, a total of 510 home sales were recorded.”  Read the remainder at the link below.  See on www.businessreport.com

5 Reasons Why Your House Didn’t Appraise For What You Thought it Should! Excellent Article from my Appraiser Friend Tom Horn in Birmingham AL! Tom helps explain some of the myths in today’s housing markets. I Love These 2:COST DOES NOT EQUAL VALUE!ANDYOUR NEIGHBOR DID NOT TELL YOU THE TRUTH! NO, Cost Does Not Equal Value. Installing Slab Granite Counters in a $300,000 subdivision makes a lot more sense to the market than installing it in a $100,000 first time home buyer market. The $35,000 IG Pool or $18,000 Metal Building on Slab with electricity might be worth only $5,000 Continue reading 5 Reasons Why Your Denham Springs House Didn’t Appraise For What You Thought it Should→

600 Livingston Parish high school students were screened for health problems by the North Oaks Sports Medicine team on Saturday, May 5 at the NOHS campus in …..check out the video!  See on www.youtube.com

LA REALTORS Report On Baton Rouge Housing Market Q1 2012. Greater Baton Rouge Real Estate Trends Report Q1 2012 by Louisiana REALTORS. Some very good news here!  See on www.batonrougehousingreports.com