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Greater Baton Rouge New Home Subdivisions
Baton Rouge Real Estate Market Holds Its Own 12/2009 Report
http://www.batonrougerealestateappraisers.net/ - Baton Rouge Real Estate Market Holds Its Own 12/2009 Report
In this video, Greater Baton Rouge Home Appraiser, Bill Cobb, presents a recent positive housing news for the Baton Rouge Housing market. Enjoy!
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Baton Rouge Real Estate: Springlake New Home Construction Raises 2009 Median Sales Price
http://www.batonrougerealestateappraisers.net/ - Baton Rouge Real Estate: Springlake At Bluebonnet Highlands New Home Construction Raises 2009 Median Sales Price
Chart #1 includes ALL solds from November 2008 to November 2009 YTD indicating a +7.36% increase in median sales price. ALL home sales includes both new home construction sales and existing home sales.
Chart #2 includes ONLY solds of existing homes from November 2008 to November 2009 YTD indicating a -0.66% decline in median sales price.
Current Listings. Currently, there are 29 listings within Springlake, from $196,900 up to $288,900. Of these listings, 15 are new construction and 14 are existing homes. The Average Listing Price is $238,655, Average Listing Price Per Sq. Ft. is $139.56/sf, Median Listing Price $239,500 and Average Days On Market 104 days. FSBOBR.com indicates 11 more current listings in Springlake from $198,000 up to $265,900. Assuming the 11 FSBOBR.com listings are not listed in MLS, that would total 40 current listings in Springlake, which would appear to be an oversupply and possibly the reason that the existing median sales price basically didn’t increase from 11/2008 to 11/2009.
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Greater Baton Rouge FHA Appraisers: Real Estate Today Radio Show Topic The Fall Market Weekend of September 19-20, 2009
http://www.batonrougerealestateappraisers.net/ – Greater Baton Rouge FHA Appraisers: Real Estate Today Radio Show Topic The Fall Market Weekend of September 19-20, 2009
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Listing That Greater Baton Rouge Home? Leave The Tape Measure At Home And Pull Out Your iPhone!
http://www.batonrougerealestateappraisers.net/ – Listing That Greater Baton Rouge Home? Leave The Tape Measure At Home And Pull Out Your iPhone $0.99 App!
Commentary From Rob Jansen aka “Peanut” With John C. Jones Realtor:
“You know you hate it. You’re at a listing and fighting that measuring tape to go where you want it, how you want it, and stay in place. Agents meet the Sonar Ruler. This new iPhone App can measure distances of up to 60 feet by sending a short pulse (more like a clicking noise) to the wall of what-have-you and measuring how long it takes to return to the phone…and it’s pretty darn accurate. I wouldn’t measure inches with it by any means, but for measuring smaller rooms this inexpensive app allows you to get a very close estimation, which you’re more than likely going to round anyway. I still haven’t found a cheap solution for larger rooms, so you’ll probably still need your tape measure if the home’s got good sized living space, but for your typical bedrooms the Sonar Ruler iPhone App is just the ticket.”
Sonar Ruler Demo from cc laan on Vimeo.
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Baton Rouge Real Estate: Housingwire.com Says 13.6% Of Mortgages Delinquent….Did You Think That % Was Higher Than That? Your Comments
http://www.batonrougerealestateappraisers.net/ - Baton Rouge Real Estate: Housingwire.com Says 13.6% Of Mortgages Delinquent….Did You Think That % Was Higher Than That? Your Comments……8/20/2009
Housingwire.com and Mortgage Bankers Association are reporting on 8/20/2009 that 13.6% or Mortgages are delinquent, see here.
I thought that with all of the media hype on this issue that surely that figure would be much higher than just 13.6%. Did you? Your Comments?
Here’s a snippet from the article:
“Single-family mortgages set a new record delinquency rate of 13.16% in Q209, according to the quarterly survey by the Mortgage Bankers Association.
The delinquency rate includes mortgages at least one payment past due or in foreclosure.
The results were lead by Florida with 12% of mortgages somewhere in foreclosure, another 5% at least 90 days past due and a total 22.8% delinquent at least one payment delinquent or in foreclosure at the end of June. Nevada followed Florida with 21.3% at least one payment past due or in foreclosure.
The MBA also saw a jump in foreclosures on Federal Housing Agency-ensured mortgages. The percentage of loans with foreclosures started, the percentage in foreclosure and the percentage seriously delinquent at 90 plus days past due all set records for FHA loans in the quarter.”
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