Baton Rouge Saint Jude Dream Home

Listen To Greater Baton Rouge Real Estate Today National Of Association Of Realtor Saturday Radio Shows and Archives


http://www.batonrougerealestateappraisers.net/ – Listen To Greater Baton Rouge Real Estate Today National Of Association Of Realtor Saturday Radio Shows and Archives

Baton Rouge Real Estate Today National Assocation of Realtors Radio Show

http://www.retradio.com/shows/

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Baton Rouge Business Report Poll Says Strongest Area Housing Market Is Under $250,000


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/

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Are Low Appraisals Occurring In The Greater Baton Rouge Market?


http://www.batonrougerealestateappraisers.net/ – Are Low Appraisals Occurring In The Greater Baton Rouge Market?

There have been a flurry of recent articles regarding the “issue” of “LOW APPRAISALS”, so much so that we now have The Wall Street Journal, Bloomberg News and possibly the NAR (National Association Of Realtors) reporting on this issue.  

What is a “Low Appraisal”?   Are these really actually low appraisals or were the expectations by the homeowner AND LENDER for a refinance or by the Realtor AND LENDER for a purchase or sale just too unrealistic? 

Have there really been “declining markets” within the local market that would warrant a “declining markets” adjustment to the solds used?   What is a declining markets adjustment?  

What market factors assist the appraiser in determining if an appraisal should be “low” or not.  

Did you know that appraisers are now required to use 3 current comparable listings within their reports, adjusted to the current listing-to-sales price ratio of say, 95%?   What is a “listing-to-sales price ratio” and why are they now required in 2008 & 2009? 

What is the Fannie Mae 1004 MC Addendum and why is that form alone assisting to determine a “low appraisal”? 

What “Tools” are appraisers using today to determine market trends and market direction?  

Stay Tuned As Bill Cobb, Appraiser answers the many questions related to this issue. 

 

Bill Cobb is a Louisiana State Certified Residential Appraiser operating as Accurate Valuations Group in the Greater Baton Rouge Market. Bill has 17 years experience as a residential appraiser and carries on the family appraisal career tradition as a third generation appraiser. To learn more about AVG, visit: http://www.batonrougerealestateappraisal.com/

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Real Estate Baton Rouge: Springlake At Bluebonnet Highlands


http://www.batonrougerealestateappraisers.net/ – Real Estate Baton Rouge: Springlake At Bluebonnet Highlands

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Baton Rouge Home Prices Down Slightly In April 2009 While Louisiana Home Price Were Up


http://www.batonrougerealestateappraisers.net/ – Baton Rouge Home Prices Down While Louisiana Home Price Up

baton rouge real estate trends, baton rouge real estate, baton rouge real estate appraisers, fha appraisers baton rouge, real estate baton rouge, bill cobb appraiser, accurate valuations group

 

The Baton Rouge Business Report AM just posted this news about Baton Rouge and Louisiana Homes Prices. The Link is at: http://www.businessreport.com/archives/daily-report/2009/jun/24/1049/

Here’s A Snippet as directly quoted,

“Baton Rouge-area home prices dropped by 0.54% in April when compared with a year ago, but Louisiana reported the third-biggest jump in average state prices. According to First American CoreLogic’s Home Price Index, the modest drop in home prices comes after a 4.14% increase in Capital Region home prices that happened in March. Louisiana reported a 3.1% increase. Only West Virginia (5.27%) and New York (3.88%) had more of a monthly improvement. Nationally, home prices were down 10.2% for April, the smallest annual decrease First American has seen this year. First American bases the HPI on public records sources such as property sales, tax assessments and mortgage filings.”

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