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Posts Tagged ‘Keller Williams Realty’
Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?
11/13/2010 | 
Author http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?
Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010″ videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting.
I thought his explanations were helpful explanations. The visual displays of these concepts of his x/y axis were helpful as well.
I’m curious to hear the experience of both home owners and real estate agents as to what if Mr. Papasan is explaining is reality locally? Any ideas on what it would take for homes to sell faster? Are locals just waiting for a bottom before buying or is there something more going on in their psyche – more of a concern about what’s taking in Washington, DC than a concern for the Baton Rouge economy maybe?
You can follow Jay Papasan on Twitter at @jaypapasan, and on Facebook @ http://www.facebook.com/jaypapasan . Mr. Papasan is also coauthor of The Millionaire Real Estate Agent, The Millionaire Real Estate Investor & SHIFT.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Divorce Appraisal, Baton Rouge Divorce Appraisals, Baton Rouge Economic News, Baton Rouge Housing Market, Baton Rouge Real Estate | 
Tags: Amp, Axis, Baton Rouge Real Estate News, Economy, Explanations, Federal Tax Credit, Jay Papasan, Keller Williams Realty, Locals, Millionaire Real Estate Investor, Psyche, Real Estate Agent, Real Estate Agents, Real Estate Appraisers, Real Estate Investor, Twitter, Videos, Visual Displays, Washington Dc, Youtube | 
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Baton Rouge Real Estate Buzz: This Month In Real Estate US September 2010 Video
This is the monthly Keller Williams Realty “This Month In Real Estate US” edition.
Baton Rouge Real Estate Appraisers News: Tax Credit Extended
http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers News: Tax Credit Extended
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!!
From Baton Rouge Business Report:
Posted in Baton Rouge Economic News, Baton Rouge Real Estate News | Tags: Baton Rouge Real Estate News, Business Report, Cnnmoney, Darren James, First Time Homebuyer, Flood, Homebuyers, James Keller, Keller Williams Realty, Least Five Years, Obama, Principal Residences, Real Estate Appraisers, Realtors, Snippet | 1 Comment »