Are Baton Rouge Failed Home Sales A Major Concern and Why They Occur

I recently was sent a video of Ryan from TheREsource.tv regarding Failed Sales A Major Concern, link to his video is below. In the video, Ryan states 4.3 percent of contracts failed to close, which more than tripled from 2014. This is Ryan’s map showing where home sales fail to close at the highest pace. These are the cities showing where home sales fail to close at the highest pace. I don’t have any verifiable statistics on what percentage of Greater Baton Rouge home sales fail to close, nor such a source of information. Why The Increase In Failed Sales Continue reading Are Baton Rouge Failed Home Sales A Major Concern and Why They Occur

University Villas Baton Rouge Home Sales Update Jan – June 2015

University Villas Baton Rouge Home Sales Update December 2014 to July 14, 2015 University Villas Baton Rouge Subdivision Home Sales Stats: 39 Sales From $220,900 to $307,900 Median Sales Price $253,000 Average Sold Price Price Per Square Foot $145/sf Average Listing To Sales Price Ratio: 99% Average Days On Market: 127 Days   Stable Median Sales Price. 4.9 Month Supply. 34 Competing Listings Is An Oversupply. 99% List-To-Sales Price Ratio. 12/2014-2015 University Villas: 39 Sales from $220,900 to $307,900, Median Price $253,000, Average Sold Price $145/sf, Average LP/SP Ratio 99%, Average 127 Days On Market.   GREATER BATON ROUGE REAL Continue reading University Villas Baton Rouge Home Sales Update Jan – June 2015

Baton Rouge Appraisal Blog Pic Of The Week April 2014

Baton Rouge Appraisal Blog Pic Of The Week April 2014 The Baton Rouge Appraisal Blog blog picture of the week is actually three (3) pics with different image backgrounds of Shadows Lake Subdivision 70816 home sales statistics based on data used with permission of GBRAR / GBRMLS from 01/01/2011 to 04/10/2014, disclaimer at bottom of each Baton Rouge Real Estate Infographic.  The data shows home sales breakdown in this manner 2011 Shadows Lake Baton Rouge Home Sales: 10 sales resulted in median sales price of $301,250 and average sold price of $121/sf 2012 Shadows Lake Baton Rouge Home Sales: 6 Continue reading Baton Rouge Appraisal Blog Pic Of The Week April 2014

Baton Rouge Home Appraisals Blog Pic Of The Week 02/09/2014

Baton Rouge Foreclosure Water Damage Baton Rouge Appraisals Blog Pic Of The Week 02/09/2014 to 02/15/2014 For this week in Baton Rouge Real Estate ending February 15, 2014, the theme seemed to be Baton Rouge Foreclosures.  YES, I totally understand that nationally and locally, there’s been much less foreclosures taking place.  In fact, on February 3, 2014, DSNews.com reported Foreclosure Rate Down to 2.5% at Year-End.  However, within the Baton Rouge Housing Market, there’s still an ample supply of foreclosure and future REOs in subdivisions like Villa Del Rey, Park Forest, Monticello, Forest Oaks as well as in Towns like Baker Continue reading Baton Rouge Home Appraisals Blog Pic Of The Week 02/09/2014

Early Spring In 2014 Baton Rouge Real Estate? Glenwood Subd 70806

Glenwood Subdivision 70806 Baton Rouge Real Estate

An Early Spring Evident In 2014 Baton Rouge Real Estate? This past week, yes in late January 2014 and on bitter cold but sunny day, I was in Glenwood Subdivision 70806 performing a Baton Rouge Mortgage Refinance Home Appraisal. As I was taking the 2 street scenes and homes across the street from subject photos, I noticed rose bushes with leaves, vibrant pine trees and even oak trees full of leaves. Yes, there was dead looking foilage, but there was remarkable color in the vegatation in this subdivision. As I watched this beauty in the absolutely horrible dead of Winter Continue reading Early Spring In 2014 Baton Rouge Real Estate? Glenwood Subd 70806

Baton Rouge Appraiser Others Dealing With Accessory Dwelling Unit Permit Issues

Baton Rouge Accessory Dwelling Units

Baton Rouge Appraiser Others Dealing With Accessory Dwelling Unit Permit Issues In my weekly reading, I came across this interesting question and answer below and thought to myself I’m not the only person in America going through building permit issues when valuing Baton Rouge Real Estate.  In 2013, I had 3 Baton Rouge House Appraisal assignments where each home had an old apartment or an “Accessory Dwelling Unit” or ADU. My conversation each time with East Baton Rouge Parish Planning and Zoning rep meant that because of these homes were located in either A1 or A2 zoning, these units COULD Continue reading Baton Rouge Appraiser Others Dealing With Accessory Dwelling Unit Permit Issues

Springlake At Bluebonnet Has New Sign and Huge Christmas Snowman Baton Rouge Real Estate

Springlake At Bluebonnet Has New Sign and Huge Christmas Snowman Baton Rouge Real Estate  Yesterday I was in Springlake at Bluebonnet Highlands to perform a Baton Rouge Home Appraisal on a very rare Baton Rouge Foreclosure. This once $240,000 home with pond view and slab granite counters, on Springtree Avenue, was only 3.5 years old but had very excess wear and tear including broken window, busted door frame, extensive holes in sheetock, bad patchwork over other sheetrock holes, a range / oven door hanging almost off, stained carpet and some peeling paint on exterior. While in Springlake At Bluebonnet Highlands, Continue reading Springlake At Bluebonnet Has New Sign and Huge Christmas Snowman Baton Rouge Real Estate

New Baton Rouge Real Estate Foreclosure Available December 2013

New Baton Rouge Foreclosure Available December 2013: 6920 Calumet Street 70805 Victoria Gardens Subdivision Per East Baton Rouge Public Records, this home at 6920 Calumet Street is already a foreclosure, so I’m not sharing information that isn’t already recorded in pubic records. I’m appraising it for the Bank and am providing the details below. Approximate information on this home is as follows: 6/3/2 3 Bedrooms 2 Full Bathrooms 1350sf living area size Lot Size: 90 x 125 +/- Age: Built in 1954 +/- Condition: Fair, Needs Renovation and Removal of Large Partially Dead Tree Large Oak Tree Issues: This large Continue reading New Baton Rouge Real Estate Foreclosure Available December 2013

Baton Rouge Real Estate 70805: Beware Of Many Overpriced Listings

baton-rouge-real-estate-70805

SEVERELY OVERPRICED CURRENT LISTINGS IN BATON ROUGE REAL ESTATE 70805 MEAN YOU NEED A BATON ROUGE PRE-PURCHASE HOME APPRAISAL TO MAKE SURE YOU DON’T OVERPAY IN 70805!   Baton Rouge Real Estate Investors work this market, buying low and trying to sell extra high.  However, with a market so weak, it’s been difficult to sell at high prices and some of these flips have turned into rentals.  Baton Rouge Real Estate Investor are instead hoping for improved prices in order to sell in future years.  North Baton Rouge 70805 Housing Market Decline Details Market Conditions Have Plummeted Since 2010 in GBRMLS Continue reading Baton Rouge Real Estate 70805: Beware Of Many Overpriced Listings

Baton Rouge Real Estate: Three Mistakes That Kill A Homes Value

Baton Rouge Real Estate: Three Mistakes That Kill A Homes Value I wanted to share a video by Tennessee Real Estate Broker, John Jones, on a topic I totally agree with him on – that of over improving your home. While John says these will kill your homes value, I would only agree with that for his number three, adding above ground pools. If you over improve your home, which is a huge mistake and you will lose big time money doing so, it will help your home sell faster. Real Estate Investors in North Baton Rouge, say Glen Oaks Continue reading Baton Rouge Real Estate: Three Mistakes That Kill A Homes Value