http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate Appraisers Video: CNBC Good News & Worries Over Commercial Mortgage Delinquencies

Also, see the Baton Rouge Business Report’s: Dire predictions for commercial mortgage lending and here’s a snippet:

“Nationally, about $3.4 trillion in commercial real estate loans is outstanding, and some experts predict a wave of defaults in the next few years that could make the mortgage meltdown look like a strong wind before a hurricane. While some call for government intervention to head off the next financial crisis, others say the magnitude is too great. The debt crisis facing Dubai, with its custom-island extravagances, could be a global foretaste.

With a largely jobless recovery from the “Great Recession,” the root of the problem seems deep. Millions of office and industrial workers have been laid off this year alone, meaning a diminished need for physical job sites and a rise in commercial vacancies. Although Baton Rouge seems relatively resilient economically, commercial lending trouble has appeared. Mall of Louisiana owner General Growth Properties filed for bankruptcy in the spring, and banks that financed Tommy Spinosa’s Perkins Rowe development foreclosed on the project in the summer.“

http://www.batonrougerealestateappraisal.com – Greater Baton Rouge Among Four Louisiana Housing Markets Named Nation’s Best For Real Estate In September 2009

On Wednesday, September 9, 2009, the Baton Rouge Business Report and Local Market Monitor reported that four (4) Louisiana housing markets were ranked among the nation’s best real estate markets. Here’s a snippet:

“A new report says Baton Rouge, Lafayette, Lake Charles and Monroe are four of the U.S. real estate markets expected to perform the best in the upcoming year. Local Market Monitor, which produces the Home Price Forecast for more than 300 cities, says home values should remain level in those cities over the next 12 months. Officials with Local Market say home prices in those cities are lower than the national average, and the effects of the recession have been slight. Baton Rouge, in particular, has continued to add jobs. The markets expected to do the worst include places where there were spikes in home prices and where speculative buying got out of hand, such as Las Vegas, Miami and Modesto, Calif.”

Source: Baton Rouge Business Report PM