Denham Springs Louisiana Real Estate Buzz!

Archive for the ‘Denham Springs Real Estate Agents’ Category

Denham Springs Housing News: South Point Subdivision Denham Springs 2011 Housing Numbers.

South Point Subdivision Denham Springs 2011 Housing Numbers by Bill Cobb and Accurate Valuations Group.

Hi Bill Cobb, you’re a local Home Appraiser with Accurate Valuations Group 225-293-1500. I understand you just completed a home appraisal in my Denham Springs Subdivision, South Point, last week.

Yes Jill, that’s correct. You know, that’s a very large subdivision with how many homes. Like 700 Homes.

Yes. Bill, value wise how is my subdivision doing during this local housing market correction. I heard South Point values were down more than Woodland Crossing and other similar subdivisions.

Yes Jill, 2011 was the year of correction where GBR home values finally corrected from Post Hurricane Katrina highs. Based on a recent YouTube video from Livingston Parish Tax Assessor, Jeff Taylor, a majority of Western Livingston Parish has experienced home price declines. South Point continues to decline from 2008 highs when the median sales price was $151,500. From 2008 to 2011 Year To Date, median sales prices declined to $151,500 and now $129,000 in 2011. Average Sales Price has declined from $93/sf in 2009 to just $83/sf in 2011 based on 31 sales. So sales aren’t slowing down.

Wow Bill. South Point is still correcting. Bill Cobb Appraiser, thank you so much for your insight into local housing trends. I now better understand what’s taking place in my subdivision! If I need a home appraisal in the future, how do I contact you.

Jill, my contact information is 225-293-1500, email is info@accuratevg.com and website is www.accuratevg.com

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to December 31, 2011. This information was extracted on January 16 2012. This video is based on analysis of local housing numbers and trends.

http://www.youtube.com/watch?v=hEdBqmxsro4

http://batonrougehousingreports.com/ – Jeff Taylor Livingston Parish Tax Assessor Talks About 2011 Real Estate Roll

http://www.batonrougehousingreports.com/ – Denham Springs Westminister Estates 2011 Housing Report. Average sold price declines 6.4% and average sold price per sq. ft. declines $10.43/sf.

The Legal Name of this development at the Livingston Parish Courthouse and in filing records is Westminister Estates, meaning the sign is wrong. Here are the Westminister Estates housing numbers from end of December 2010 to end of December 2011. Average sales price was down from $149,880 in 2010 to $140,293 in 2011 or -6.4%. Median sales price was basically unchanged. However, the average sold price per sq. ft. had a -$10.43/sf decline from $91.52 in 2010 to only $81.09/sf in 2011.

Foreclosures To Blame. I suspect part of this decline was due to 7 of the 15 total sales being foreclosures or 47% of total sales. This means that of the 15 total home sales, 7 were in some form of distress.

Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/16/2011 to 01/16/2012. This information was extracted on 01/16/2012.

The statistics below are based on the same GBRMLS data and reveal totally different results, which may not be accurate based on the actual MLS chart above.

Dec-10 vs. Dec-11: The median sold price is down 11%

Dec-10 vs. Dec-11: The median price of for sale properties is up 3% and the median price of sold properties is down 11%

Dec-10 vs. Dec-11: The number of Sold properties has not changed

Dec-10 vs. Dec-11: The number of Under Contract properties is down 100%

Dec-10 vs. Dec-11: The number of New properties is down 50%

Dec-10 vs. Dec-11: The number of For Sale properties is down 44%

Dec-10 vs. Dec-11: The number of Expired properties is down 100%

Dec-10 vs. Dec-11: The number of for sale properties is down 44% and the number of sold properties has not changed

Dec-10 vs. Dec-11: The average days on market is down 100%

Dec-10 vs. Dec-11: The average months supply of inventory is down 100%

Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report

http://www.denhamspringsrealestateminute.com/ – The 2012 Way To View Denham Springs Real Estate Housing Market News

Check out Denham Springs Real Estate News – The Scoop On Denham Springs Residential Housing News on Scoop.It , Curated by Baton Rouge Housing Reports Dot Com

Tags: denham springs, denham springs home for sale, denham springs home appraisers, watson la home appraisers, denham springs homes for sale, denham springs house for sale, denham springs realtor, denham springs realtors, denham springs real estate, denham springs real estate agents, denham springs realtor homes, denham springs homes realtor, western livingston parish, livingston parish, denham springs housing, denham springs homes search, watson la, watson la homes,

http://www.gbrhousinganswers.com/ – Greater Baton Rouge Neighborhoods: Spring Lake Subdivision Walker Louisiana 70785

Spring Lake Subdivision, with approximately 285 lots, is situated around 2 development lakes available for home owners only. There’s fishing and enjoying the the park-like green areas.

Location Map:

Public School District Information:

See: http://www.lpsb.org/district/district.htm

Number of Lots:

Approximately 285 Lots with deed restrictions, Zoning “Rural” per Livingston Clerk of Court’s Office.

Home Sizes:

Per GBRMLS search, home living areas range from 1,500sf up to 2,688sf living area.

Average Sales Price, Median Sales Price and Average Sales Price as of 12/2011:

$183,333, $179,900 and $98.73/sf.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2011 to 12/28/2011. This information was extracted on 12/28/2011.

Subdivision Info: Greg and Daniel Bunch, Residents of Spring Lake

Denham Springs Real Estate News Video Resource: http://www.batonrougehousingreports.com/

Denham Springs Real Estate Video News

Why Baton Rouge Housing Reports?

Because a home is the largest, most important investment most locals make in their lifetimes. Because of the importance of getting this decision right, housing market facts, trends and analysis are provided to help locals execute competent, informed home purchase or home selling decisions.

There’s a new Premier web video resource in Baton Rouge with a residential focus: Baton Rouge Housing Reports Dot Com. This site offers the good news in our market as well as the on-going correction, tips on what improvements really add value, local REALTOR® video update of the month, local real estate expert interviews, local remodeler’s tips, trends videos, monthly and quarterly reports, Top 150 Subivisions trends, current housing charts and stats, gbrmls stats, local NAR stats, special investigative series and a long list of local online resources. Visit Us for the scoop on local housing.

Baton Rouge Housing Reports Dot Com – Local Real Estate Professionals Providing Trends, Analysis & Tips Helping Locals Make Informed Housing Decisions!

Keywords: Denham Springs, Livingston Parish, Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Housing, East Baton Rouge, Greater Baton Rouge, Baton Rouge Realtors, Baton Rouge Real Estate Agents, Baton Rouge Homes For Sale, Baton Rouge Home Appraiser, Baton Rouge Home Appraisal

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!