Denham Springs Louisiana Real Estate Buzz!

Archive for the ‘Watson Louisiana Real Estate’ Category

http://www.denhamspringsrealestateminute.com/ – Executive Home For Sale: 8200 Allen Drive Denham Springs LA 70726 Harrells Ferry Landing

The Darren James Home Selling Team, with Keller Williams Premier Partners, has an executive listing in Harrells Ferry Landing. This home, built in 2008, boasts approximately 4,529sf living area, 4 bedrooms, 5.5 baths and is located on 4.3 acres with pond view. See the complete listing here!

Darren say, “WOW!!! OVER-THE-TOP ELEGANCE IN THE EVER PRESTIGOUS GATED COMMUNITY OF HARRELL’S FERRY LANDING! This STUNNING 4 bedroom, 5-1/2 bath Custom Built Home is situated on over 4 Acres of professionally landscaped land that includes its own 25′ deep stocked pond with its own water well. Upon entering the home the kitchen, dining and rec room have concrete flooring that has been professionally stained and scored for easy maintenance and up-keep. The chef gourmet kitchen has all the amenities with a built-in T.V., large 9×5 granite slab island w/double sink, a vegetable sink, a KenmorePro side by side refrigerator, 2 KenmorePro ovens, a 5 burner gas cooktop, a warmer drawer, custom cabientry, a pull out spice rack and large walk-in pantry. The fabulous family room is adorned with an expansive custom built fireplace and mantle, heart of pine hardwood flooring, recessed lighting, and massive rich crown molding. The entire family room, kitchen, breakfast area, keeping room and rec-room are loaded with huge windows to enjoy the natural setting of the spectacular sloping property and pond. The luxurious master suite is fabulous with its coffee bar, screened porch, workout room and elegant master bath with its enormous garden soaker tub, large custom built walk-in shower w/rainhead and multiple shower heads, and oversized walk-in closet. WOW! “Cleopatra Of The Nile never had a master bath and closet of this magitude”. All four bedrooms are oversized and feature their own separate bathroom. Massive crown molding and heart of Pine wood flooring are used extensively throughout to make this home an entertainer’s delight. Home is energy efficient with foam insulation, three zoned A/C-Heat units and 3 gas hot water heaters. There is a 4 car garage + double wide driveway with circle drive. Extras include a central vacuum system, security system and intercom speakers throughout. A Great Location and A Great Price.”

Tags: denham springs homes, denham springs homes for sale, denham springs houses, denham springs housing, Denham Springs Real Estate, denham springs real estate agents, denham springs realtor, denham springs realtors, Livingston Parish Real Estate, Western Livingston Parish, Harrells Ferry Landing

http://www.denhamspringsrealestateminute.com/ - Denham Springs Home For Sale: 37741 Rue De Voir Denham Springs LA 70706. Nikki Calmes Real Estate Agent 225-773-8127 is representing this Watson La home for sale. The Lakes At Belle Terre Subdivision.

http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Appraisers: Why do some houses sit on the market while others sell?

Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010″ videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting.

I thought his explanations were helpful explanations. The visual displays of these concepts of his x/y axis were helpful as well.

I’m curious to hear the experience of both home owners and real estate agents as to what if Mr. Papasan is explaining is reality locally? Any ideas on what it would take for homes to sell faster? Are locals just waiting for a bottom before buying or is there something more going on in their psyche – more of a concern about what’s taking in Washington, DC than a concern for the Baton Rouge economy maybe?

You can follow Jay Papasan on Twitter at @jaypapasan, and on Facebook @ http://www.facebook.com/jaypapasan . Mr. Papasan is also coauthor of The Millionaire Real Estate Agent, The Millionaire Real Estate Investor & SHIFT.

Sphere: Related Content

http://www.batonrougerealestateappraisal.com/ – Greater Baton Rouge Home Appraisers: One Year Housing Study Released!

Accurate Valuation Group has released a 1 year and 3 year study on Greater Baton Rouge Housing – Facts, Prices, Trends! The 1 year study includes 10 charts and 3 year includes 9 charts.

Click here to view the 1 Year Study!

Click here to view the 3 Year Study!

http://www.denhamspringslarealestate.net/ – Denham Springs 2010 Housing Trends: Lakes At Belle Terre

Solds In Lakes At Belle Terre Subdivision from 1/2005 to 10/13/2010 revealed:
Average Sales Price: $209,333
Average Sold Price Per Sq. Ft.: $104.44/sf ($108.83/sf in 2009)
Median Sold Price: $204,000 ($208,900 in 2009)
Number of Sales: 6 (5 Sales In 2009)
Average Number of Days On Market: 65
Low To High: $188,000 to $250,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 4, 0 Are Foreclosures
Current Listings Prices: $179,000 To $205,000

Home Sales Data for this update was used with permission of the GBRAR MLS. Search dates were 1/1/2005 to 10/13/2010, extracted on 10/13/2010.

http://www.batonrougerealestatetrends.net/ – Greater Baton Rouge Area GBRMLS Monthly Observations for September 2010. Baton Rouge Area Real Estate 2010 Home Sales Down 25% From September 2009!

Home sales in September continued to decline, declining 3% to $89,770,774 in September from August’s $92,501,330. This is a decline of 18% from last September, at $116,614,434. As we head into the seasonally weaker part of the year, it is distressing to point out that this is the worst sales level for September in the last 8 years by a large margin with the exception of September 2008 and that decline was only due to Hurricane Gustav interfering with loan closings. Source: Baton Rouge Trends Dot Com.

NOTE: This report, with the paragraph above, may be different that others recent reports because I have included “Other” MLS areas.

NOTE: This report, from this section below, may be different that others recent reports because I have included “West Baton Rouge” MLS Area 70, not just the 3 Parish areas of East Baton Rouge, Ascension and Livingston.

Total Sales Unchanged, But Off 25% From September 2009. Total unit sales were unchanged at 441 in September and 441 in August. However, this is a 25% reduction from September 2009 at 587. Of the 441 September sales, 104 were new homes and 337 were existing homes. New home sales improved 7% to 104 homes this month from 97 in August, an increase of 7 units. Existing home sales declined slightly from 337 homes in September from 346 last month, a difference of 9 homes or -2.6%. NOTE: Based on all price ranges within ASC, EBR, LIV and WBR for Property Types: DSF, ASF, PRC and PRA.

Majority of GBR Home Sales Under $200,000. Of the 441 September sales, only 22 of them were over $400,000 or approximately 5% of the market. There were 288 sales under $200,000 or 65% of market. And, there were 105 sales between $200,000 to $300,000 or approximately 24% of market.

Inventory Decreased Slightly. Inventory decreased slightly from August 2010 at 4461 to 4369 in September, a decrease of 92 or -2%. However, the inventory has increased from 3974 in September 2009 to 4369 in September 2010, an increase of 395 homes or +10%. Inventory started January 2010 at 3,583 and has continued to rise for most of 2010 with August of 4,461 being the highest inventory level of 2010.

Absorption Rate Improved Slightly. Absorption for All homes in September showed 9.9 Months Inventory, which was a slight improvement from August 2010 showing 10.1 months of supply. This is much worse than the 6.8 months of supply last year at this time. Greater Baton Rouge area Average Days on Market for All homes was 89 compared to last month at 85. Average sales price for All Sold homes decreased to $194,941 from $199,289 last month. However, in January 2010, the average sales price was $188,188, so the average sales price has increased in 2010. Median sales price for All Sold homes decreased to $169,900 from $171,750 last month. However, in January 2010, the median sales price was $165,000, so the median sales price has increased overall for 2010. The twelve month moving median price line for both New and Existing homes is heading upward, reflecting stable home price support.

High End Homes Market Appears Near Solid Support, Most Solid Within East Baton Rouge Parish. From 9/1/08 to 9/30/09, MLS reports 298 sales versus 294 sales 9/1/09 to 9/30/10, which is only a decrease of -4 sales or -1.3%. Average Sold Price for the 2009/2010 period is $539,650 compared to $548,036 for the 2008/2009 period. Median Sold Price for the 2009/2010 period is $500,000 compared to $495,700 for the 2008/2009 period. Average sold price per sq. ft. is $157.89/sf versus $159.43/sf for the 2008/2009 period. Average days on the market is 122 days versus 140 days in the 2008/2009 period. So, while the average sold price per sq. ft. is down $1.54/sf, and average sold price is down approx. $8,400, the median sales price has increased by $4,300 and the days on the market has improved.

Yes, There Are Certainly Exceptions! Copper Mill in Zachary is one example where the average sold prices were $161/sf in 2007, $158/sf in 2008, $157/sf in 2009 and $147/sf in 2010 based on 13 sales. That’s a $10/sf drop since 2009. Plus, the days on the market for the 13 sales were: 336, 850, 20, 274, 4, 393, 252, 1082, 50, 344, 197, 54 and 2. Renaissance in Prairieville is another example where the average sold prices were $137/sf in 2007, $141/sf in 2008, $133/sf in 2009 and $129.24/sf in 2010 based on 7 sales. That’s a -$4/sf difference between 2009 and 2010. And, MLS reports the average days on the market were 417 in 2009 and 252 in 2010. Actually, upon closer examination of total days on market, the actual continuous days on market were: 231, 1, 4, 561, 692, 1025 and 302. Greystone Golf in Denham Springs has only had 2 sales in 2010 averaging $142/sf and 6 sales in 2009 averaging $146/sf, a $4/sf decline. NOTE: For this paragraph, this includes all price ranges within these high end subdivisions.

High End Homes Market Absorption Rate Appears To Be Improving! The numbers of high end home listings has declined just slightly from 445 for September 2009 and 424 for September 2010. In September 2009, the Months Inventory showed 23.42 months. In September 2010, the Months Inventory showed 21.2 months and in August 2010 it was 19.4 months. Certainly, the market for homes requiring “Jumbo” loans remains slower in the overall Greater Baton Rouge market.

High End Homes Market NOTE: Parameters were $400,000 to $1,000,000, all price ranges within ASC, EBR, LIV and WBR for Property Types: DSF, ASF, PRC and PRA.

NOTE: Data For The September 2010 GBRAR MLS Report is used with permission of the GBRMLS from dates stated above and from 1/1/2008 through 9/30/2010.

Sphere: Related Content

http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Video Listings Site brHomeListings.com is now online!

brHomeListings.com is here! We have created accounts for some of you, so try and log in FIRST with your 1st and last name (NO SPACES), and the password is “password.” If you have any questions at all about how to load your listings, create a Realtor Spotlight Page, or any questions at all… please feel free to call or email me. For those of you who do not have an account, just click the “Register” button to do so. This site is SURE to get your listings sold faster than any other advertising available once it has been exposed to the Greater Baton Rouge Metropolitan Area! And YES…. every feature on our website is FREE!!!!

Kevin DeLaune
“Owner”
Realty Studio HD
Greater Baton Rouge Metropolitan Area
(225) 439-1344
www.RealtyStudioHD.com

http://www.batonrougerealestatebuzz.com/
http://www.videosofbatonrougerealestate.com/

What is brHomelistings?
It’s the first real estate listing website designed primarily around video as a means of reaching potential buyers. The system is designed to quickly connect buyers with the property that the buyer is looking for. Here are some ways in which we’re making finding a home in the Greater Baton Rouge Metropolitan area faster, more effective and more fun:

Video! Video! Video!
Buyers have said it… Sellers and Realtors have said it… Market Analysts are saying it. Now, as if it we’re from a Beetle Juice episode, video is here! Video is in the process of revolutionizing the way real estate is marketed and sold online. Our real estate search engine is designed to really encourage users to use video along with their listing. Of course, we do pictures and text as well, but hey, that’s so 1999 and boring! People want to see video and current web trends are strongly reflecting that. We’ve made it simple to cut & paste a simple youtube video URL and have the video professionally displayed on your listing’s page.

Single Click Search (Touch Search)
By clicking or touching once on a search option in the search page, the listing results automatically narrow down to show only those listings with that particular criteria. Each time you click or touch a new option, the results continue to narrow down accordingly. This new search feature will make searching for a home easy and fun on all new touch-based mobile devices!

Jot and Jump
Jot and Jump is our revolutionary new way to quickly pull up a house that a buyer finds while driving around. Our brHomelistings.com yard signs (provided by Fast Signs) have a space where the Jot and Jump number is printed in LARGE BOLD characters. When a buyer sees a brHomelistings.com yard sign she only needs to visit brHomelistings.com and type in the Jot and Jump number on the home page and click “Jump To It!” In one click, the listing will be displayed for her. Simple. Fast. Extremely effective. You can even provide jot and jump numbers on your own flyers, cards, etc to quickly direct buyers to specific listings on brHomelistings.com

Realtor Spotlight
We don’t just want to reinvent the wheel, we want to redefine it. What is the Realtor Spotlight page? Well, in short, it is what the majority of Realtors today want when they go hunting for a way to publish their own website–and more. A place to post your name, agency, contact information and your listings. Only, we’re taking it a step further–and in a way you’re gonna love. We’re building the full Touch Search feature right into your Realtor Spotlight page so that visitors can search only your listings! Send out a link to your Realtor Spotlight page via email, facebook, text, twitter or however you choose, and when visitors come to it, they will see no competing agents or advertisements. It’s okay, we could almost cry with excitement too!

Did Somebody Say FREE?
Like a cheap commercial from the 1980′s we just want to say “and that’s not all!” It’s true, every feature listed above is provided at no charge to the buyer, seller or realtor.

We have so many ideas that if we tried to pack them all in before launch, we would never launch. What we’re providing at launch is just the tip of the iceberg. There is a contact us form displayed on the site that can be used to send feedback, bug reports and suggestions. We’re looking forward to revitalizing and re-energizing real estate in the Greater Baton Rouge Metropolitan Area with you!