Category Archives: Denham Springs FHA Appraisers

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→

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→

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

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

Tom Bhramayana on Real Estate Video Blogging!  More and more people are using Web 2.0 to brand themselves but nothing is growing faster and has more potential to go viral than video… See on www.youtube.com

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