Baton Rouge Realtor Homes

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What Are These Baton Rouge Vote For Amendment #1 To Stay Tax Free Signs About?

The Louisiana REALTORS® Association is supporting a constitutional amendment on the November 19th ballot to prohibit any new real estate transfer taxes in the state.

A vote FOR Amendment #1 on November 19 will…

*Protect your home from double taxation. Most homeowners in Louisiana already pay property taxes. Transfer taxes are simply another tax on the same piece of property.

*Keep Louisiana free from additional taxes, especially those that unfairly target homeowners and homebuyers.

If approved by Louisiana voters, we believe this will be an extremely positive development for residential and commercial consumers of real estate – and good for the overall real estate market and economy in Louisiana.

Monitor this important initiative thoughout the fall at STAYTAXFREE.com. Browse the site for related news, background on the issue, answers to frequently asked questions, and learn how you can get involved.

Free Baton Rouge First Time Home Buyers Seminar November 10 2011 by Access Real Estate Group

First Time Home Buyer Seminar in Baton Rouge. We will cover the current real estate market, the home buying process, credit requirements, loan programs, Seller assisted closing cost, title issues and closing process.

Welcome to the AREG Home Channel! My name is Larry Miller with Access Real Estate Group. I just wanted to take a minute to let everyone know about the first-time home buyer seminar coming up November 10 at 6:30 PM at the Jones Creek library. The seminar is open to the public. It’s free admission, so call our office at 225-756-1919 to reserve a seat just.

To give you a quick overview of some of the topics, we’re going to be talking about ,I’ll be covering the real estate market in today’s environment, some of the things that are involved in the home buying process.

Free Baton Rouge First Time Home Buyers Seminar November 10 2011 by Access Real Estate Group

We are going to have a great lender come in. He’s got to talk about the financial institutions today, what’s going on with that you’ll do you need to do to be prepared to buy a home in today’s market. And then also one of the area’s top real estate attorneys is going to come in and talk about some other things that pertain to that side of the business.

We do encourage you to call our office to set up a reservation seating is limited so call 225-756-1919, and will reserve a seat for you. You don’t want to miss it it’s going to be a great event and we look forward to seeing you there again call our office at 225-756-1919 to reserve a seat. Seating is limited. So thanks we look forward to seeing you there. We’re going to have great time!

http://www.baton-rouge-real-estate.com/ – Baton Rouge Housing Makes Homevestors Top 100 Markets To Invest In Rental Property List

Homevestors of America, Inc., the We Buy Ugly Homes national real estate investor franchise, recently graded the Top 100 United States Housing Markets for their potential to be in the best rental property markets. Baton Rouge was ranked #66. Read more abut the this news here!

About HomeVestors

Dallas-based HomeVestors of America, Inc., the #1 buyer of houses in the U.S., was incorporated and began franchising in 1996. The first real estate franchise investment company, HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying older homes in need of repair, and updating or rehabbing them. Most commonly known as the “We Buy Ugly Houses” company, HomeVestors strives to make a positive impact in each community. In 2010, for the fifth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information visit www.HomeVestors.com . HomeVestors has franchise opportunities available in 97 of the 100 markets listed on the current ranking. To learn more about the HomeVestors franchise, visit www.HomeVestorsFranchise.com . NOTE: Source is Homevestors Website.

http://www.homeappraisalsbatonrouge.com/ – Greater Baton Rouge Home Purchases Pick Up Steam, Market Report May 2011

THE GOOD NEWS!

There’s Confidence in the local Greater Baton Rouge housing market! The home purchase appraisal orders have really picked up this week with momentum like I haven’t seen yet this year. Just this week, we’ve seen a surge of orders for home purchases. Bill Cobb, Appraiser

THE NOT-SO GOOD NEWS!

Baton Rouge Business Report‘s Real Estate Weekly reports the housing market as “flat” in Louisiana and down in Baton Rouge.

According to the Businss Report, “The number of houses sold in Louisiana during the first quarter was virtually unchanged from the first three months of 2010. There were 5,604 homes sold through the end of March, according to figures from the Louisiana Realtors. That’s 0.6% more than the 5,568 homes sold through the first quarter of 2010. Houma-Thibodaux was the strongest metro market, with 202 homes sold during the quarter, a 14.1% increase over the first three months of 2010. The Lake Charles market also saw a double-digit percentage increase, with 289 sales, 10.3% more than the 262 sold in the first quarter of 2010. Home sales were up 7.9% in New Orleans to 1,837, 2.6% in Lafayette to 640, and 2.5% in Alexandria-Pineville to 248. Shreveport-Bossier City had the biggest sales drop, falling 12.8%. There were 775 homes sold during the first quarter, compared with 889 the year before. Monroe had a 4% drop in sales, to 388; and Baton Rouge was down 3.3%, to 1,225. Statewide, the average sale price of a home fell by 1.5%, from $177,381 to $174,687. For the rest of Real Estate Weekly, click here.

AND, LOCAL AGENT, RYAN SPENCER, OFFERS HIS UPDATE!

“1st Quarter 2010 to 2011 Avg. List Price $198,078/$192,161
Avg. Sale Price $191,506/$185,769
Avg. Days on the Market 95/104
List to Sale Price Ratio 96.68%/96.67%
Months of Inventory 9.19/10.76

The home buyer tax credit was in effect last year which may have boosted sales numbers in the first quarter of 2010. Despite tough economic times our market is still pretty strong overall. If you have any questions please contact me at 225-505-5619 or email me at ryan.spencer@coldwellbanker.com“

http://www.facebook.com/brrebuzz – Baton Rouge Real Estate Buzz: Cloverhill Subdivision Homes Sales Report 2011. Only 1 MLS Sale in 2010 and 2011 for $229,000 and $242,500.

GBRMLS data for the Lakes At Oak Grove Subdivision revealed these interesting findings. From 2008 to 2011, the median sales price has fluctuated from $220,000 to $248,000 to $229,000 to now $242,500 into 2011 based only on 1 sale (rounded). So, 2009 was the post Hurricane Katrina “High” year followed by 2 years of lower sales prices, but based only on 2 sales. In 2011, there’s only been 1 sale for $242,500. There are currently 4 MLS Listings from $214,900, $240,000, $244,900 and $249,900 or $87/sf to $99/sf.

TWO MLS CHARTS OF ALL HOME SALES SINCE 2004

The Chart below shows all home sales since 2004. The median sales price is still down -2.2% since the high in 2009. There was only 1 2010 sale in MLS for $229,900. Again, this chart’s is greatly weighed upward based on this one (1) 2011 sale of $235,000.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2004 to May 9, 2011. This information was extracted on 5/9/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!

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 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/

http://www.facebook.com/brrebuzz – Congratulations To Central Greenwell Springs Housing Market, Top Performer in 2011! This is based on a comparison between Q1 2010 versus Q1 2011.

Biggest Gainer In East Baton Rouge 70739. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +6.2% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district. 70739 also showed a +9.4% increase in the number of home sales.

Zip Code 70818, another Central Market, showed less stellar results with +13.3% in the number of home sales, +1.4% increase in average sales price and +2.1% increase in average sold price per sq. ft.

Author 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 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/

http://www.batonrougerealestatebuzz.com/ – Greater Baton Rouge Housing Update For Week of April 15, 2011 (From April 9-15, 2011). This report covers the primary four (4) Parishes that make up Greater Baton Rouge Real Estate.

Ascension Parish

Solds: 9 from $86,700 to $385,000, Average Sales Prices $186,403 or $100.32/sf, Median Sales Price $137,500, Average Days On Market 59.

Listings:

Currently Pending: 229 $191,106 Average Listing Price and Median Price $172,500.

New Listings: 48 With Average Listing Price of $197,932, Median Listing Price of $174,950

Pending Listings: 39 With Average Listing Price of $195,857, Median Listing Price of $189,000

East Baton Rouge Parish

Solds: 31 from $5,500 to $1,054,000, Average Sales Prices $216,768 or $106.51/sf, Median Sales Price $161,000, Average Days On Market 96.

Currently Pending: 585 $208,328 Average Listing Price and Median Price $166,000.

New Listings: 120 With Average Listing Price of $268,194, Median Listing Price of $186,000

Pending Listings: 100 With Average Listing Price of $208,382, Median Listing Price of $165,000

Western Livingston Parish

Solds: 10 from $29,000 to $455,000, Average Sales Prices $189,525 or $97.54/sf, Median Sales Price $168,500, Average Days On Market 98.

Currently Pending: 177 $149,140 Average Listing Price and Median Price $147,900.

New Listings: 31 With Average Listing Price of $175,716, Median Listing Price of $168,900

Pending Listings: 24 With Average Listing Price of $120,687, Median Listing Price of $127,950

West Baton Rouge Parish

Solds: 4 from $51,500 to $226,000, Average Sales Prices $166,600 or $106.33/sf, Median Sales Price $194,450, Average Days On Market 68.

Currently Pending: 21 $187,983 Average Listing Price and Median Price $193,000.

New Listings: 0

Pending Listings: 1 Listing Price of $124,900

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of April, 9, 2011 to April 15, 2011. This information was extracted on 04/16/2011.

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 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/

http://www.batonrougerealestatetrends.net/ – East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report. Report shows minor 1% decrease in number of home sales over 2010 and significant declines in Average Sales Prices overall. Report includes ALL housing types in East Baton Rouge Parish.

Accurate Valuations Group (Home Appraisals) has completed an analysis of the East Baton Rouge Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below. Click the chart to view in a larger size.

This is a lot of data to report on in one (1) article with “20″ zip codes. A short summary follows:

Number of Home Sales Decreased by 1% Over 2010! For the number of home sales, only 9 zip codes reported a smaller number of sales. And, Ten (10) Zip Codes experienced more sales in Q1 2011 than in Q1 2010, which is great news for our market. Still, in Q1 2010 there were 738 home sales versus 714 in Q1 2011, which is a difference of 24 sales or -1%.

Average Sales Prices Overall Decline! This is consistent with the CoreLogic report on national home prices falling for the 7th straight month, as reported on Thursday, April 7, 2011. Thirteen (13) of the 20 Zip Codes showed declining average sales prices versus only Seven (7) showing increases. Local home prices are continuing to correct.

Average Sales Price Per Square Foot Overall Declines! This is consistent with the CoreLogic report. Fifteen (15) of the 20 Zip Codes showed declining average sales prices per sq. ft. versus only Seven (5) showing either no change or just slight increases.

Biggest Gainers. Zip Code 70807, the Scotlandville market, showed a 450% increase in number of home sales. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +5.6% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district.

Largest Declines. Zip Code 70820, the market below LSU off Brightside, showed a -35.3% decrease in number of home sales. Zip Code 70802, the market in and around Central Business District, showed a -33.4% decline in Average Sales Prices AND -30.2% decline in Average Sales Price Per Sq. Ft..

Visit Baton Rouge Real Estate Buzz Here

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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 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Home For Sale: Woodridge Subdivision 8935 Foxgate Dr Baton Rouge LA 70809. The online photo album is located here!

Brittney Pino Gautreaux of RE/MAX First has a new listing in Woodridge Subdivision. Brittney says, “This unique and stunning 4 BR plus bonus room boasts a modern and contemporary design element which is highly desirable and rare. Painted brick Exterior with Large Gas Lanterns. Open Floor Plan with Polished grey and scored concrete floors throughout. Kitchen Offers Honed Black Slab Granite Counters, Gas cooktop, Dual dishwashers, Dual wall ovens, Ice maker, Convection oven, Contemporary farm sink & Warm subway tile backsplash. Located throughout the home – Upgraded emtek bronze hardware with brushed nickel finish,2×6 and 2×8 framing, All corners bullnosed. You are sure to love the Old pine beam, and old pine mantle with concrete surround, the 8 foot doors & Recessed lighting. The Spacious Master Suite offers Recessed Ceiling & Opens to the Rear Patio. The Luxurious Master Bath features 6 foot Air jet tub & Porcelain tile shower. All Additional Bedrooms are Very Well Sized with the Fourth Bedroom Secluded off the Kitchen- All Baths in the Home have travertine or granite, Framed mirrors & Upgraded faucets. The 15X20 Bonus Room is Located Upstairs – Has Many Possibilities Including Fifth Bedroom, Media Room, Exercise Room or Playroom! Large laundry with sink, folding table and ample cabinets for added convenience! Entry at Garage has Built-ins for bags, shoes, etc. Gas hook up in garage for generator. Decking in attic offers Extra Storage Options. Outside of the Home You will Find Large extended slate tile patio, Gas hook up on patio for outdoor grill, Plus Fenced backyard!” Contact Brittney here!

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http://www.batonrougerealestateminute.com/ – Baton Rouge Real Estate Minute Video: Kensington Estates Subdivision 2010 Report

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 1/1/2008 to Sept 18, 2010. This information was extracted on 09/18/2010.