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Archive for June 2009
Which City Has One Of The Best National Housing Markets? The Answer Is: Baton Rouge
06/23/2009 | 
Author http://www.batonrougerealestateappraisal.com/ – Which City Has One Of The Best National Housing Markets? The Answer Is: Baton Rouge
This was just released by the Baton Business Report PM Edition. The Title Is: “B.R. housing market named as one of nation’s best”. The Link is: http://www.businessreport.com/archives/daily-report/2009/jun/23/1047/
Here’s A Snippet as directly quoted:
“More good news about the Baton Rouge housing market: A real estate forecasting service says the Capital Region is one of the 10 best cities in terms of future home prices. Local Market Monitor, which produces the Home Price Forecast for more than 300 cities, says home values should remain level locally over the next 12 months. Officials with Local Market Monitor credit the same factors for Baton Rouge’s stability that have been repeatedly said during the national housing crisis: Home prices in the Capital Region never got out of hand, and economic growth has remained steady locally. Other cities with populations of more than 600,000 in the top 10 include Dallas, Houston and Rochester, N.Y. Alexandria, Monroe and Shreveport-Bossier City made the top 10 list for future home prices in cities with populations under 600,000. The worst housing markets were mostly cities in California, Florida, Arizona and Nevada, where price speculation got out of hand, places such as Las Vegas, Phoenix and Fort Lauderdale, FL.”
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The Brookings Institute Ranks Baton Rouge Economy Number 8 Best in U.S. – Fantastic News For Baton Rouge Real Estate
http://www.batonrougerealestateappraisal.com/ – The Brookings Institute Ranks Baton Rouge Economy Number 8 Best In U.S. – Fantastic News For Baton Rouge Real Estate
I was at McDonalds this past week eating breakfast before appraisal inspections and ran across this Great News for the Baton Rouge Economy and Baton Rouge Real Estate Housing Market. In the article, the Brookings Institute ranks the Baton Rouge Economy The #8 Best in the U.S.
The link to the article is here: http://www.2theadvocate.com/news/48215657.html
Here’s a snippet as directly quoted:
“The Brookings Institution, among the nation’s most-influential policy groups, ranks Baton Rouge No. 8 among the 100 largest U.S. metropolitan areas for economic performance during the recession.
For Baton Rouge, the Brookings findings echo what the region’s chamber has been telling business prospects for months: Things are better here.
“This is the most comprehensive study we’ve seen, and it validates how strong our economy really is,” said Adam Knapp, chief executive of the Baton Rouge Area Chamber, which has scrutinized every blip in the economy since September for signs of the 18-month recession’s encroachment into the region.”
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.batonrougerealestateappraisers.net/