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Greater Baton Rouge Divorce Appraisals
With Federal Tax Credit Expiration, Livingston Parish Home Sales Numbers Decline 25% Into July 2010!
08/20/2010 | 
Author http://www.denhamspringsappraisers.com/ – With Federal Tax Credit Expiration, Denham Springs Livingston Parish Home Sales Numbers Decline Into July 2010!
The Baton Rouge Business Report Daily PM Report is report a Capital Region home sales plunge of 21% in July 2010. “The number of homes sold in metro Baton Rouge fell by 21% in July compared with the year before, as the market corrected itself after being bolstered by the federal homebuyer tax credit. There were 523 homes in the Capital Region sold in July, compared with 665 sales in July 2009, according to figures from the Greater Baton Rouge Association of Realtors Multiple Listing Service. An $8,000 tax credit for homebuyers expired earlier this year, and transactions had to be under contract at the end of April to qualify for the money. That led to Capital Region home sales posting 21% and 28% increases in April and May over last year. The average sale price in July was $197,076, down from the $203,735 average in July 2009. Sales were down nearly 31% in Ascension Parish in July, from 111 in 2009 to 77. Livingston Parish saw a 25% drop, from 114 homes changing hands to 85. In East Baton Rouge, there was a 24% drop in home sales, from 414 to 313. The other category, which includes MLS sales in West Baton Rouge, Iberville and the Feliciana parishes, actually saw an 85% increase, from 26 to 48. Through the first seven months of the year, home sales continued to run slightly ahead of the 2009 pace. There were 4,107 homes sold through the end of July, up 3% from the 3,985 sales total at the end of July 2009.”
Posted in Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | 
Tags: Association Of Realtors, Business Report, Changing Hands, Decline, East Baton Rouge, Federal Tax Credit, Greater Baton Rouge, Home Sales Plunge, Homebuyer Tax Credit, Livingston Parish, Metro Baton Rouge, Mls Sales, Months Of The Year, Multiple Listing Service, Pace, Realtors Multiple Listing, Realtors Multiple Listing Service, Sales Numbers, Seven Months, West Baton Rouge | 
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Denham Springs Home Appraisers News: August 2010 Westminister Estates Housing Numbers
http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers News: August 2010 Westminister Estates Housing Numbers
Denham Springs Home Appraisers News: August 2010 Westminister Estates Housing Numbers Westminister Estates Numbers! In 2010, there have been 8 total sales with an Average Sold Price of $149,438, Median Sales Price of $141,900, Average Sold Price per sq. ft. $91.90/sf and Average Days On Market 107 days. Data Used With Permission of GBRAR MLS. Data was extracted on 8/16/2010 from periods 1/1/2010 through 8/16/2010.
Tags: denham springs, denham springs homes, denham springs houses, westminister estates, homes in denham springs, denham springs homes for sale, homes for sale denham springs, denham springs realtors, denham springs real estate agents
Posted in Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Listing Appraisals, Pre-Listing Home Appraisals | Tags: Denham Springs Real Estate, Home Appraisers, Homes For Sale, Median Sales Price, Mls Data, News August, Periods, Real Estate Agents, Realtors, Springs Houses, Springs Real Estate, Sq Ft, Westminister | No Comments »
Denham Springs Home Appraisers Photos From The Field: Seigle Landing Subdivision
http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers Photos From The Field: Seigle Landing Subdivision
These are some recent photos I took in Seigle Landing Subdivision, Denham Springs, Louisiana 70706 located off Simms Road. The development appears to be divided into two sections, the front section with larger homes and rear section with smaller more affordable housing. Sorry of the rain drops on the lens and if the photos aren’t exactly straight- it was raining very hard at photo time.
Denham Springs Home Appraisers: Denham Springs Antique District Rated Third In The South By AAA Southern Traveler
http://www.denhamspringsappraisers.com/ – Denham Springs Antique District Rated Third In The South By AAA Southern Traveler
The following below is directly quoted from The Livingston Parish News Mobile Section.
“DENHAM SPRINGS – Introducing the South’s Best Antique Districts: New Orleans, Natchez and Denham Springs. That’s right, Denham Springs.
These cities are rated one-two-three in a poll published this month in AAA Southern Traveler.
More than 1,300 ballots from members of the nation’s largest motor travel club were used to determine what places were their favorites to visit, eat, play and shop. The bi-monthly magazine circulates to 220,000 American Automobile Association member households.
“That’s amazing,” said Al Bye, president of the Denham Springs Antique Merchants Association. “I’m pretty proud of that because I’ve been working with the association 10 years now. It was always good, but we have really banded together as merchants to make it a unique antique district. That’s because we want to get people to come back. Our business depends on it.”
The famous stretch of antique stores along Magazine and Royal streets in New Orleans were far and away the most popular, followed by the historic river city of Natchez in Mississippi. Yet then came small town Denham Springs, which has been quietly growing its reputation for flair in recent years, receiving similar recognition in other tourism forums.
“A very big congratulations to the Denham Antique District,” Mayor Jimmy Durbin said. “A designation like this does not happen without hard work by the Antique District Merchants Association and Denham Springs Mainstreet.”
Donna Jennings, the Mainstreet program director, said the recognition is part of a larger trend of improvements that will soon see upgraded paver brick sidewalks downtown – construction beginning next week – and a street park developed by volunteer organizations next to Old City Hall on Mattie Street.
“When you have a dedicated mayor and council determined to keep that area thriving, then a merchant’s association and a main street committee, it works,” she said.”
Posted in Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Aaa, American Automobile Association, Antique District, Antique Merchants, Antique Stores, Association Member, Brick Sidewalks, Denham Springs, District Mayor, Downtown Construction, Durbin, Home Appraisers, Livingston Parish News, Mainstreet Program, Member Households, Merchants Association, Program Director, Royal Streets, Travel Club, Volunteer Organizations | No Comments »
Zachary Louisiana Home Appraisers: Castle Place Mid Year 2010 Housing Report
http://www.zacharylouisianarealestate.info/ – Zachary Louisiana Home Appraisers: Castle Place Mid Year 2010 Housing Report
Castle Place was developed in the mid to late 1980s with a few homes built. New home construction resumed in approximately 2004-2005 with two quality levels: modular home construction (mostly in the rear section) and conventional home construction. There are still a significant amount of vacant lots in this development with some foreclosure activity noted in Legal News.
Solds In Castle Place from 1/2009 to 7/6/2010 revealed:
Average Sales Price: $138,683
Average Sold Price Per Sq. Ft.: $99/sf
Median Sold Price: $145,700
Number of Sales: 12
Low To High: $92,000 to $155,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 3, 2 Are Foreclosures
Current Listings Prices: $119,900 To $171,900
Author’s Bio:
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 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal 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
Data Used With Permission of the GBRAR MLS. Data was extracted on 7/6/2010 from periods 1/1/2009 through 7/6/2010.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Real Estate, Baton Rouge Realtor, Baton Rouge Realtors, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Real Estate Baton Rouge | Tags: Accurate Valuations, Appraisal Group, Appraisal Office, Ascension Parish, Bill Cobb, Castle Place, Gbrar Mls, Home Appraiser, Home Appraisers, Livingston Parish, Mls Data, Modular Home Construction, New Home Construction, Quality Levels, Real Estate Investors, Solds, Vacant Lots, Wealth Of Knowledge, West Baton Rouge Parish, Zachary Louisiana | 2 Comments »
Denham Springs Home Appraisers: Woodland Crossing Mid Year 2010 Housing Report
http://www.appraisersindenhamsprings.com/ – Denham Springs Home Appraisers: Woodland Crossing Mid Year 2010 Housing Report
Solds In Woodland Crossing from 1/2009 to 7/3/2010 revealed:
Average Sales Price: $149,374
Average Sold Price Per Sq. Ft.: $92/sf
Median Sold Price: $147,150
Number of Sales: 110
Low To High: $99,900 to $210,000
Number of Sold REO/Foreclosures Noted In MLS: 7
Current # Listings: 31, 2 Are Foreclosures
Current Listings Prices: $129,500 To $199,900
Author’s Bio:
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 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal 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
Data Used With Permission of the GBRAR MLS. Data was extracted on 7/3/2010 from periods 1/1/2009 through 7/3/2010.
Posted in Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Accurate Valuations, Appraisal Group, Appraisal Office, Ascension Parish, Baton Rouge Parish, Bill Cobb, Company Valuations, Denham Springs, East Baton Rouge, Gbrar Mls, Home Appraisal, Home Appraiser, Home Appraisers, Livingston Parish, Mls Data, Property Values, Real Estate Investors, Solds, Wealth Of Knowledge, West Baton Rouge Parish | No Comments »
Brusly La Home Appraisers Photos From The Field: New Construction on Live Oak Drive
http://www.westbatonrougeappraiser.com/ – West Baton Rouge Parish Brusly Louisiana Home Appraisers Photos From The Field: New Construction on Live Oak Drive
This home (above) on Live Oak Drive is listed for $225,000 for 1,811sf or $124.24 and is under contract or pending. This home has 3 bedrooms and 2 bathrooms.
This is a newer home on Live Oak Drive. According to the West Baton Roue Assessor’s Qualified Sales, this home sold for $195,000 for 1,634sf or $119.34/sf, closed 12/23/2009.
Posted in Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Bathrooms, Baton Rouge Parish, Bedrooms, Brusly La, Brusly Louisiana, Home Appraisers, Live Oak, New Construction, Photos, Roue, West Baton Rouge, West Baton Rouge Parish | No Comments »
Video: The Challenges In Appraising West Baton Rouge Homes Port Allen Brusly Addis
http://www.westbatonrougeappraiser.com/ – Why Its Difficult To Appraise Homes in West Baton Rouge.
West Baton Rouge Home Appraiser, Bill Cobb, talks about the challenges facing appraisers valuing homes in Port Allen 70767, Brusly 70719 and Addis 70710 Louisiana. Read more about the West Baton Rouge Housing Market on the West Baton Rouge Appraiser Dot Com Website!
Buying A Baton Rouge Foreclosure? Watch This Renovation Loans Video
http://www.batonrougerealestateappraisal.com/ – Buying A Baton Rouge Foreclosure? Watch This Renovation Loans Video By Real Estate Broker John Jones.
Posted in Agents In Baton Rouge, Baton Rouge Real Estate, Baton Rouge Realtor, Baton Rouge Realtors, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Real Estate Baton Rouge | Tags: Baton Rouge, Foreclosure Loans, Real Estate Broker, Renovation Loans | No Comments »
Baton Rouge Real Estate and myth-defying truths from national real estate experts
http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate and myth-defying truths from national real estate experts
Ralph Bivins reports on the broad consensus from economists, analysts and experts at the National Association of Real Estate Editors 44th Annual Real Estate Journalism Conference in Austin.
In Mr. Bivins post at “The housing recession is not over and other myth-defying truths from national real estate experts“, we learn that experts, such as Stan Humphries at Zillow, are saying the bottom will be long and flat, not hit bottom and see a V-shaped recovery.
The four myths about the housing market discussed were:
“Humphries listed his four “myths” about the housing market:
1. The housing recession is over.
It’s not. Home prices are continuing to fall in some places and the market won’t hit bottom until the third quarter of 2010.
2. The first-time home buyer tax credits saved the market.
Wrong, Humphries said. Research shows that only one in five of the buyers that took the tax credit bought a home they would not have purchased anyway.
3. The foreclosure problem is going away.
Actually, foreclosures are still increasing and they will plague the market for awhile, Humphries said.
4. Home appreciation will begin again after the market hits bottom.
Not hardly. Home values will not rise significantly for quite some time, Humphries said.”
Read the entire post by clicking the Real Estate Confidential logo above.
How much of this applies to the Baton Rouge Real Estate market is not totally known. While the Baton Rouge market has weathered this national storm fairly well, kind of Teflon coated, going forward we do operate within the national economic framework. We do have leadership in Washington now that opposes the industries that fund our Louisiana economy (oil, gas, chemical industry and the result Obama moratorium on drilling). What will the impact on Louisiana and Baton Rouge from this oil spill that could just get worse if BP can’t cap this leak and if BP files for bankruptcy? And, we do have local real estate challenges with a slower housing market, mortgage delinquincies, relatively high housing cost (new construction pricing is still very high compared to local incomes), and still an oversupply of high-end housing resulting in a softer high-end market. Check www.fsbobr.com and you’ll find plenty of high-end housing on the market.
New High-End Home Just Sits On The Market With No Buyers Since August of 2008 In 3 Different MLS Listings…Possibly Because Of Sticker Shock Pricing And Financing Challenges In U.S. Mortgage Market. Was The Greater Baton Rouge High-End Pricing Sustainable?
NOTE: About Ralph Bivins: Ralph Bivins, former president of the National Association of Real Estate Editors, is editor-in-chief of realtynewsreport.com and was a chief organizer of the NAREE conference.
Posted in Baton Rouge Real Estate, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Real Estate Baton Rouge | Tags: Baton Rouge Real Estate News, Economic Framework, Economy Oil, Estate Experts, First Time Home, First Time Home Buyer, Home Appreciation, Home Values, Housing Market, Housing Recession, Journalism Conference, Louisiana Economy, Market Hits Bottom, Moratorium, National Storm, Ralph Bivins, Real Estate Editors, Stan Humphries, Teflon, Time Home Buyer | No Comments »