Baton Rouge Real Estate Appraisers

Archive for July, 2009

http://www.batonrougerealestateappraisers.net/ – Louisiana Good Real Estate News: Louisiana Housing Prices Buck National Trend and RISE

An article published on July 8, 2009 by Mike Hasten with Gannett Capital Bureau presents Great News For Louisiana: “La. Housing Prices Buck Trend, Rise”. The link is at http://www.thetowntalk.com/article/20090708/NEWS01/907080316

Here’s a couple of snippets from the article:

“The Local Market Monitor, a national real estate market assessment firm, says Louisiana is one of only five states to show an increase in home prices in the past year. With a 3.1 percent gain, only New York (3.88 percent) and West Virginia (5.27 percent) outpaced Louisiana’s housing market gains. The report shows that while the Housing Price Index nationally fell 10.2 percent, Louisiana’s overall HPI rose 3.1 percent.“

http://www.batonrougerealestateappraisers.net/ – Baton Rouge Business Report Poll Says Strongest Area Housing Market Is Under $250,000

The Baton Rouge Business Report’s Real Estate Weekly just announced the results from their Poll.   Here are the details are directly quoted,

“Fifty-one percent of people who participated to a Real Estate Weekly poll say the strongest housing market is in the $175,001 to $250,000 range. Thirty-five percent of respondents to the online survey say the $175,000 and under range is doing the best, while 10% selected the $250,001 to $350,000 range. More than 125 people participated in the survey.”

The link to the R.E. Weekly is at: http://www.businessreport.com/archives/real-estate-weekly/2009/jul/07/1067/

http://www.batonrougerealestateappraisers.net/ – NAR June 2009 Pending Numbers Could Be Excellent News For Baton Rouge Real Estate

The Louisiana Realtor E-News Digest is reporting some fantastic news about Pending Home Sales Rising Again.   The source of the news was the NAR (National Association of Realtors) and here’s a snippet of the news:

“Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of REALTORS.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.”

The link to the La Realtor E-News Digest is at http://www.larealtors.org/news/default.asp

This continues the trend toward positive news for the Greater Baton Rouge Housing Homes Market.