Accurate Valuations Group
Office: 225.293.1500
Fax: 1-866-663-6065
AVG Staff Email
AVG Website
AVG YouTube Channel
AVG On Facebook
AVG On Twitter
Posts Tagged ‘Market Trend’
Altos Research Baton Rouge Real Estate: November Housing Market Update: NAR, Case-Shiller & What We’re Seeing
11/24/2009 | 
Author http://www.batonrougerealestateappraisal.com/ - Altos Research: November Housing Market Update: NAR, Case-Shiller & What We’re Seeing Click on the article link to read this highly intuitive article by Scott Sambucci, which says that sellers are having to become much more realistic with their asking prices to get a sale.
Here’s A Snippet:
“An interesting housing market trend this Fall is the convergence of the Price of New Listings (new sellers entering the market) and Price of Listings Absorbed (sellers exiting the market). You can also see how sellers through the Spring and into the summer were more bullish about their ask prices as compared to the exit prices, with this convergence happening more recently in the Fall season:
“
Rain City Guide: Baton Rouge Mortgage Rates In October 2009 Up 0.25% from this Morning
http://www.realestateappraisertips.info/ – Rain City Guide: Baton Rouge Mortgage Rates In October 2009 Up 0.25% from this Morning
Home Mortgage Rates have been spiking the past couple of days!
Snippet:
“Don’t get me wrong…rates are still very low. But today the rate you could have locked in yesterday with no points (origination or discount) will probably cost you 1% of your loan amount. With the economy improving along with the stock market, watch this trend of rising mortgage rates continue.
Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties). The conforming rate quote below is based on owner occupied with a mid-low credit score of 740 or higher, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 single family dwelling (non condo). This scenario includes reserves (taxes & insurance) not being waived. Rates quoted are priced based on a 30-40 day closing with no prepayment penalties on any of the rates quoted below.”
Posted in Baton Rouge Economic News, Baton Rouge Real Estate News | 
Tags: Baton Rouge, City Mortgage, Conforming Loan, Conforming Mortgage, Couple Of Days, Credit Score, Economy, Home Mortgage Rates, Insurance, Market Trend, Market Watch, Mortgage Loan, Prepayment Penalties, Rain City, Rates Mortgage, Single Family Dwelling | 
No Comments »