Posts Tagged ‘Snippet’

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


http://www.batonrougerealestateappraisal.com/ – Baton Rouge Certified Home Appraisers: Area Home Sales See Gains In March

baton rouge real estate market comparison statistics report

 

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 slightly in March, though the first quarter was down 2 percent.

The March bright spot is largely due to an increase in Ascension Parish.

The figures, compiled by the Greater Baton Rouge Association of Realtors, account for about 85 percent of the market in the eight-parish area.

Realtors sold 600 homes in the metro area in March, 1 percent more than the 594 sold in the same month last year. Dollar volume in March was up 2 percent to $118.0 million.

The quarter, however, still reflects the downward trend that has characterized recent years. There were 1,406 homes sold during the first three months of the year, compared to 1,431 the year before.

Dollar volume was also down 2 percent to $270.3 million for the quarter.

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


http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Photos From The Field: Central Thruway Progress Photos As Of April 10, 2010

Central Thruway Baton Rouge Real Estate Progress

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 the start of a $9.6 million project to construct two large bridges for the Central Thruway, a city-parish official said.

The contract calls for contractor James Construction Group to build bridges over the railroad bridge and over Sullivan Bayou along the thruway route, city-parish Chief Construction Engineer Jose Alvarez said.

James Construction will have 600 days to complete the two bridges, Alvarez said.

City-parish officials are slated to hold a groundbreaking today for the project.

Another company, L&A Contracting, started work last year on the $23.8 million project to build bridges over Comite River and Beaver Bayou in that same area between Frenchtown Road and Florida Boulevard.”

Central Thruway Baton Rouge Real Estate Progress (1)

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Greater Baton Rouge Home Sales Up 38% In November 2009


http://www.batonrougerealestateappraisal.com/ - Greater Baton Rouge Home Sales Up 38% In November 2009

baton rouge appraisers home sales rise

 

The Baton Rouge Business Report is reporting on November home sales numbers here! According to the article, November sales were up 38% locally. Here’s a snippet from their report:

There was a 38% increase in the number of homes sold in the Capital Region during November, compared with the year before. There were 576 houses sold in November, according to the Greater Baton Rouge Association of Realtors Multiple Listing Service, compared with 417 in November 2008. Average sale prices were down 3.4%, from $185,622 in November 2008, to $179,272. Livingston Parish saw the biggest improvement in sales, with 145 homes sold in November at an average price of $157,954. That’s nearly double the 76 sales that happened last year, at an average price of $144,558. East Baton Rouge also saw a jump in home sales, from 232 in November 2008, to 307.”

 

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Baton Rouge In Top Ten Housing Markets For Third Quarter 2009


http://www.batonrougerealestateappraisal.com/ - Greater Baton Rouge In Top Ten Housing Markets For Third Quarter 2009

baton rouge fha appraisers

Local Market Monitor Announces Release of Third Quarter Home Price For Largest US Markets, article here! Here’s a snippet:

According to the forecast, among the largest US markets—identified as those with populations greater than 600,000—the 10 markets with the best expected performance in home price are:

Baton Rouge, LA
Buffalo-Niagara Falls, NY
Columbia, SC
Dallas-Plano-Irving, TX
Fort Worth-Arlington, TX
Houston-Sugar Land-Baytown, TX
Little Rock-North Little Rock-Conway, AR
Omaha-Council Bluffs, NE-IA
Pittsburgh, PA
San Antonio, TX
Syracuse, NY

These top markets, where home values are expected to remain level, are among those markets that did not have a big housing boom and have had relatively small job losses over the past year. Home prices in these areas are generally below the US average and reflect where the recession has so far had a relatively mild impact. Dallas, San Antonio and Omaha have all experienced a 1.6 percent job loss over the past year, and jobs have actually increased in Baton Rouge.”

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Baton Rouge Real Estate Appraisers News: Tax Credit Extended


http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers News: Tax Credit Extended

Baton Rouge Real Estate Appraisers

Wow! I arrived back at the office to receive a flood of news about the Tax Credit Extension.

From Wells Fargo Mortgage:

Tami Luhby, with CNNMoney.com, is reporting that Congress Extends Homebuyer Benefits! Bill Extends Homebuyer Tax Credi Into Next Year. Here’s a snippet below:

“NEW YORK (CNNMoney.com) — New homebuyers are poised to see the $8,000 tax credit extended into mid-next year.

The legislation extends the $8,000 homebuyer tax credit to contracts signed by April 30 and closed by June 30. The controversial credit, which many say has boosted home sales in recent months, was set to expire after Nov. 30.

The bill also creates a $6,500 credit for those who buy a home after living in their current house at least five years. That measure would apply to contracts signed by April 30 and closed by June 30. The current credit defines a first-time homebuyer as someone who has not owned a residence within the past three years.

The credit would be available only for the purchase of principal residences priced at $800,000 or less.”

 

From Darren James @ Keller Williams Realty:

“Breaking News!!!

As of today-Thursday, November 5th, the bill has passed involving the extension and expansion of the homebuyer tax credit and will be sent to President Obama for his signature. The new program will go into effect when President Obama signs the bill. Click link below for details!!

CLICK HERE FOR PDF PODCAST

 

From Baton Rouge Business Report:

Realtors pleased tax credit extended

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