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Baton Rouge Economic News

Baton Rouge Housing Statistics: LSU Heatherstone Townhomes 70820

http://www.batonrougehomeappraisal.com/ – Baton Rouge Housing Statistics: LSU Heatherstone Townhomes 70820 Heatherstone is a townhome development located near LSU off Brightside Drive 70820. According to MLS, the living area sizes vary from 1,474sf up to 2,280sf and ages vary from 11-15 years to 31-40 years old, from approximately 1973 to 1994. Since 1/1/2009, the Average Sales […]

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Baton Rouge Real Estate: Remaining Positive When National Economy Isn’t Performing Well!

https://www.batonrougerealestateappraisal.com// – Baton Rouge Real Estate: Remaining Positive When National Economy Isn’t Performing Well! In This Video, TBWS Guys Encourage Us To Remain Positive Into Future. I’m posting “the guys” video from this morning because we need some good news today regarding the U.S. National Economy! Yes, I understand that the local Baton Rouge market […]

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When Will East Baton Rouge Parish Government Use Eminment Domain And Demolish Gardere Lane Multi-Family?

https://www.batonrougerealestateappraisal.com// – Baton Rouge Real Estate Photos From The Field: When Will EBRP Use “Eminment Domain” And Demolish The “Blight” Called Gardere Lane Multi-Family? This is the section of Gardere Lane I’m describing, see map above. View the photos below in the slideshow. This section of Gardere Ln has been in this condition for close […]

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Great News For Greater Baton Rouge Real Estate Housing In 2010, Four Percent Gain

https://www.batonrougerealestateappraisal.com// – Great News For Greater Baton Rouge Real Estate Housing In 2010 Realtor.org is reporting that Baton Rouge Metro Area (Greater Baton Rouge) experienced a median sales price increase of +4.3% since Q1 2009. The article is here and the charting is below.

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Photos From The Field: Baton Rouge Real Estate Picks Up Momentum Into 2010

http://www.appraisersinbatonrouge.com/ – Photos From The Field: Baton Rouge Real Estate Picks Up Momentum Into 2010. This sign below is common in Fairhill At Bluebonnet Highlands in May of 2010. From the GBRAR MLS Stats from 5/2009 to 5/2010 for new homes to 5 year old homes, extracted on 5/9/2010, the months supply of inventory appears […]

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What Impact Will The Gulf Oil Spill Have On Baton Rouge Real Estate?

https://www.batonrougerealestateappraisal.com// – What Impact Will The Gulf Oil Spill Have On Baton Rouge Real Estate? I began thinking about this question on Saturday as I heard the comparison of Hurricane Katrina with this oil spill in the Gulf of Mexico. An appraiser friend of mine in North Georgia sent me the poll results below from […]

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Housing Statistics For Baton Rouge Real Estate: Stevendale Heights 70819 Declines Into 2010

http://www.batonrougehomeappraisal.com/ – Housing Statistics For Baton Rouge Real Estate: Stevendale Heights 70819 Declines Into 2010 Stevendale Heights Market Direction: Up or Down? Solds In Stevendale Heights from 1/1/2008 to 12/31/2008 revealed: Average Sales Price: $68,097 Average Sold Price Per Sq. Ft.: $61/sf Median Sold Price: $66,000Number of Sales: 15 Number of Sold REO/Foreclosures Noted In […]

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Baton Rouge Housing Statistics: Wedgewood Subdivision Increases Into 2010

http://www.batonrougehomeappraisal.com/ – Baton Rouge Real Estate Housing Statistics: Wedgewood Subdivision Increases Slightly Into 2010 Wedgewood Subdivision Market Direction: Up or Down? Solds In Wedgewood from 1/1/2009 to 12/31/2009 revealed: Average Sales Price: $174,372 Average Sold Price Per Sq. Ft.: $89/sf Median Sold Price: $173,250Number of Sales: 18 Number of Sold REO/Foreclosures Noted In MLS: 1 […]

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Baton Rouge Housing Observations: Shenandoah Estates Median Sold Price Increases Over 10% Into 2010

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Housing Observations: Shenandoah Estates Median Sold Price Increases Over 10% Into 2010 In 2010 YTD, despite a few foreclosures, Shenandoah Estates is still outpacing the majority of the Baton Rouge housing market with a 10.43% increase in median sold price. “YTD” is year-to-date. Median Sold Price Increase. In 2009, the overall […]

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Baton Rouge Real Estate Observations: Southwest Baton Rouge Market Shows Strong Comeback into 2010

https://www.batonrougerealestateappraisal.com// – Baton Rouge Real Estate Observations: Southwest Baton Rouge Market Shows Strong Comeback into 2010 Wow, what a difference 6 months can make in a housing market. I appraised a home in Cottage Hill Subdivision 70809 in October 2009 and again in April 2010. The differences in that housing market is like night and […]

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Baton Rouge Real Estate: Understanding and Avoiding Mortgage Fraud

Baton Rouge Real Estate: Understanding and Avoiding Mortgage Fraud The San Francisco Chronicle has an interesting article: Mortgage Fraud: Understanding And Avoiding It . Here’s a snippet below: “Ethical violations and criminal activities in various industries have affected our economy over the past few decades, particularly in the banking, financial and housing sectors. In this […]

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LPS Schedules Baton Rouge Foreclosed Homes Auction

https://www.batonrougerealestateappraisal.com// – LPS Schedules Baton Rouge Foreclosed Homes Auction. According to the Jacksonville FL Business Journal, LPS will hold an auction for Baton Rouge foreclosed homes. Click below to read the entire article. Here’s a snippet: “A division of Lender Processing Services Inc. is conducting an online auction of bank-foreclosed homes nationwide for a bid […]

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This Month in US Real Estate April 2010 Video, Does It Apply To Baton Rouge Real Housing Market?

http://www.batonrougerealestatetube.com/ – This Month in US Real Estate April 2010 Video, Does It Apply To Baton Rouge Real Housing Market?

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Baton Rouge Certified Home Appraisers: Area Home Sales See Gains In March

https://www.batonrougerealestateappraisal.com// – Baton Rouge Certified Home Appraisers: Area Home Sales See Gains In March   The Advocate Newspaper and Chad Calder are reporting “BR-area home sales see gain in March“, click on the link to read the entire article. Below is a snippet: “The number of homes sold in the Baton Rouge metro area rose […]

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Baton Rouge Real Estate Trends Seminar Themes 1 of 3: Real Estate Perks Up

https://www.batonrougerealestateappraisal.com// – Baton Rouge Real Estate Trends Seminar Themes 1 of 3: Real Estate Perks Up The annual Trends Seminar was held yesterday with multiple keynote speakers. The Advocates’s recap of the seminar is located here, under Baton Rouge Real Estate Perks Up. There were 3 major themes during the seminar, one being that local […]

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Baker Louisiana FHA Appraisers: 2010 Housing Market Observations

http://www.fhaappraisersbatonrouge.com/ – Baker Louisiana FHA Appraisers: 2010 Housing Market Observations There’s some good news for the Baker housing market! A segment of the Baker market is now increasing in median sales price from the March 2009 period, see charting below. The parameters of the GBRAR MLS search included homes from $70,000 to $135,000, 16 years […]

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More New Baton Rouge Condos For The Saturated LSU Housing Market – Brightside Estates North

https://www.batonrougerealestateappraisal.com// – More New Baton Rouge Condos For The Saturated LSU Housing Market – Brightside Estates North I just finished a three (3) bedroom Townhome appraisal off Brightside Dr yesterday where the marketing time was 262 days on the market. Two (2) of the comparable sales used, sold in 2010, were on the market for […]

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Baton Rouge Real Estate Agent Tips: The Importance Of Sending Those Thank You Notes!

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Agent Tips: The Importance Of Sending Those Thank You Notes!   Back in early 2004, I released the “Reapptools” Home Appraiser Marketing Guide. Some of the readers of this blog purchased that guide. While the implementation HVCC has eliminated some of the marketing methods recommended in the guide, there […]

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Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808 I was appraising a home in University Gardens on Saturday and noticed a substantial amount of renovations projects taking place along with these two new homes under construction on corner lots back-to-back below. It appears the trend in this […]

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Baton Rouge Real Estate Photos From The Field: Central Thruway Progress Photos

https://www.batonrougerealestateappraisal.com// – Baton Rouge Real Estate Photos From The Field: Central Thruway Progress Photos As Of April 10, 2010 The last major news article I could locate on the Central Thruway project was on May 20, 2009 from The Advocate here! A snippet of the article stated: “The work order was issued on Monday marking […]

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