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Baton Rouge FHA Appraiser Appraises Zeeland Place 70808

| Posted in Baton Rouge Economic News, Baton Rouge Real Estate, Baton Rouge Real Estate Appraisal |

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Baton Rouge FHA Home Appraisers

Baton Rouge FHA Appraiser Appraises Zeeland Place 70808

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Solds from 01/01/2008 to 04/25/2009 reveal:  

Average Sales Price: $212,088

Average Sold Price Per Sq. Ft.: $125.10/sf

Median Sold Price: $209,350

Low Sales Price: $161,000

High Sales Price: $265,000

Average # of Days On Market: 72 Days On Market

# of Sales: 8

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Baton Rouge Business Report: Louisiana holds up better than most in recession

| Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal |

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http://www.batonrougerealestateappraisal.com/ – Baton Rouge Business Report: Louisiana holds up better than most in recession

Source and Article: Baton Rouge Business Report

Here’s a brief snippet:

When Louisiana Gov. Bobby Jindal touts the state’s job market and New Orleans Mayor Ray Nagin sells his city as one of the best places to ride out the recession, it’s not just routine boosterism. In the midst of a severe nationwide downturn, the Louisiana economy is holding up better than most. It’s a role reversal from a few years ago, when Louisiana was one of the country’s weaker states financially following the destruction caused by Hurricane Katrina.”

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New Rules To Change How Greater Baton Rouge Homes Are Appraised

| Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal |

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http://batonrougerealestateappraisal.com/ -   New Rules To Change How Greater Baton Rouge Homes Are Appraised

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Federal Housing Finance Authority Has Fantastic News For Greater Baton Rouge 2/24/2009

| Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal |

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http://batonrougerealestateappraisal.com/ – Federal Housing Finance Authority Has Fantastic News For Greater Baton Rouge 2/24/2009

Very Good News For Baton Rouge! 
2/24/2009 Federal Housing Finance Agency Reports Baton Rouge Q4 with a -0.68% decline in home prices AND a 1 year decline in 2008 of only -0.30%.  
See page 30 of their report:  http://www.fhfa.gov/webfiles/1280/4q08hpi.pdf

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Baton Rouge's Park Forest Subdivision Q1 2009 Update

| Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal |

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http://batonrougerealestateappraisal.com/ – Baton Rouge’s Park Forest Subdivision Q1 2009 Update

Solds In Park Forest From 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $148,627
Average Sold Price Per Sq. Ft.: $84.91
Median Sold Price: $147,900
Low Sales Price: $110,000
High Sales Price: $280,000
Average # of Days On Market: 43
# of Sales: 51

Solds In Park Forest From 01/01/2008 to 02/18/2009 reveals:
Average Sales Price: $134,043
Average Sold Price Per Sq. Ft.: $88.41
Median Sold Price: $134,450
Low Sales Price: $90,000
High Sales Price: $196,000
Average # of Days On Market: 94
# of Sales: 28

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be declining. The Average Sales Price has declined -$14,584 or -9.81%. Median Sales Price has declined -$13,450 or -9.09%. Average Sold Price Per Sq. Ft. has increased +$3.50/sf or +4.12%.

Park Forest data is presented with the permission of the Greater Baton Rouge Association of Realtors.

Author’s Bio:

Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 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

fastvalue2@cox.net

http://greaterbatonrougerealestatetv.blogspot.com/

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