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Fax: 1-866-663-6065
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Baton Rouge Real Estate News
Greater Baton Rouge Real Estate News Video Resource: http://www.batonrougehousingreports.com/
Baton Rouge Real Estate News Video Resource: http://www.batonrougehousingreports.com/
Why Baton Rouge Housing Reports?
Because a home is the largest, most important investment most locals make in their lifetimes. Because of the importance of getting this decision right, housing market facts, trends and analysis are provided to help locals execute competent, informed home purchase or home selling decisions.
There’s a new Premier web video resource in Baton Rouge with a residential focus: Baton Rouge Housing Reports Dot Com. This site offers the good news in our market as well as the on-going correction, tips on what improvements really add value, local REALTOR® video update of the month, local real estate expert interviews, local remodeler’s tips, trends videos, monthly and quarterly reports, Top 150 Subivisions trends, current housing charts and stats, gbrmls stats, local NAR stats, special investigative series and a long list of local online resources. Visit Us for the scoop on local housing.
Baton Rouge Housing Reports Dot Com – Local Real Estate Professionals Providing Trends, Analysis & Tips Helping Locals Make Informed Housing Decisions!
Keywords: Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Housing, East Baton Rouge, Greater Baton Rouge, Baton Rouge Realtors, Baton Rouge Real Estate Agents, Baton Rouge Homes For Sale, Baton Rouge Home Appraiser, Baton Rouge Home Appraisal
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Declining Baton Rouge Real Estate Market Looks Like This and Why It Would Cause Low Appraisals
http://www.batonrougehousingreports.com/ - A Declining Baton Rouge Real Estate Market Looks Like This and Why It Would Cause Low Appraisals. YES, I understand this is long video of 10 minutes, but it will help explain what lenders and appraisers are looking for when they “both” analyze a market.
In this video, local Greater Baton Rouge Appraiser, Bill Cobb, shows what a classic declining market looks like by MLS Chart and Appraisal and how such a weak market could certainly lead to a low appraisal.
Remember that we’re speaking of a specific segment of the Baker housing market in the 1600sf to 2500sf living area range. This study isn’t of the entire Baker housing market, but some of the general comments in the video do apply to the whole market.
This weak Baker Louisiana market had these characteristics: Very Slow Sales. Declining Median Sales Price. 22 Month Supply. 21 Competing Listings Is Oversupply when only 15 sold in previous 12 months. 93% List-To-Sales Price Ratio is weak. 2011 Baker Hills 6 sales, Median $62K, Avg Sold:$52/sf, Avg SP/LP%:97%, Avg DOM:126 Days. 33% Competing REO Sold Rate Since 1/2009.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2009 to 11/28/2011. This information was extracted on 11/28/2011.
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Baton Rouge Housing Makes Homevestors Top 100 Markets To Invest In Rental Property List
http://www.baton-rouge-real-estate.com/ – Baton Rouge Housing Makes Homevestors Top 100 Markets To Invest In Rental Property List
Homevestors of America, Inc., the We Buy Ugly Homes national real estate investor franchise, recently graded the Top 100 United States Housing Markets for their potential to be in the best rental property markets. Baton Rouge was ranked #66. Read more abut the this news here!
About HomeVestors
Dallas-based HomeVestors of America, Inc., the #1 buyer of houses in the U.S., was incorporated and began franchising in 1996. The first real estate franchise investment company, HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying older homes in need of repair, and updating or rehabbing them. Most commonly known as the “We Buy Ugly Houses” company, HomeVestors strives to make a positive impact in each community. In 2010, for the fifth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information visit www.HomeVestors.com . HomeVestors has franchise opportunities available in 97 of the 100 markets listed on the current ranking. To learn more about the HomeVestors franchise, visit www.HomeVestorsFranchise.com . NOTE: Source is Homevestors Website.
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Baton Rouge LA Home Appraisers Lakes At Aubin Wood August 2011 Update
http://www.baton-rouge-real-estate.com/ – Baton Rouge LA Home Appraisers Housing Trends: The Lakes At Aubin Wood August 2011 Update. The location is very convenient to the center of Baton Rouge, a newer development from 2003 in an older housing market. According to the charting below, the Average Sales Prices fluctuated in the $230s from 2006 to 2009 and then broke above in the $240s in 2010. The last 2 MLS sales took place in 2010 with no 2011 sales or MLS Listings to report on.
Entrance
Entrance Sign
Home Styles
Development Lake
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2007 to August 18, 2011. This information was extracted on 8/18/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/
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A Baton Rouge Home Appraisal In Kenilworth Subdivision 70808 in August 2011
http://www.baton-rouge-real-estate.com/ – A Baton Rouge Home Appraisal In Kenilworth Subdivision 70808 in August 2011
I recently completed a home appraisal in Kenilworth Subdivision 70808 for a refinance and discovered some housing trends on the chart below. No, none of the photos used in this article are of the home appraised.
The Median Sales Price in 2011, at $212,000, is about even with 2008′s $212,500. The Average Sold Price Per Square Foot in 2011, at $102/sf, is about even with 2007′s $102.46/sf. It seems from viewing the chart below that Kenilworth home prices have maintained stability in a correcting Baton Rouge housing market, per CoreLogic and 24/7 Wall Street recent studies. This is good news for Kenilworth Subdivision homeowners!
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2005 to August 15, 2011. This information was extracted on 08/15/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Kenilworth Subdivision Update from Bill Cobb, Appraiser with Accurate Valuations Group!
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