West Baton Rouge Q3 2007 vs Q3 2010 Housing Trends Study Reveals Improving Market! - 10/27/10 04:51 AM
http://www.batonrougerealestatetrends.net/ -  West Baton Rouge Q3 2007 vs Q3 2010 Housing Trends Study Reveals Improving Market! 


 
Accurate Valuations Group Appraiser, Bill Cobb, has performed a 3 year housing market study on West Baton Rouge Parish Housing in GBR MLS Area 70 from 9/1/2007 to 9/30/2010. Search parameters were ALL Residential Housing (except Manfactured Housing) from $75,000 to $500,000 in ALL age ranges.  The charts on this page are the results of the study.
The median sold price is up 2%
The At-A-Glance Results Are Below:

 

 
The At-A-Glance Results Are Below:
The median price of for … (1 comments)

2010 Heat Maps For Baton Rouge Home Prices, View Them Here! - 10/26/10 09:37 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Home Prices Heat Maps, View Them Here!
There are currently and approximately 4 sources of Baton Rouge Home pricing heat maps, three public, the other private.  The public sources are below from Trulia Real Estate Search @ http://www.trulia.com/home_prices/Louisiana/Baton_Rouge-heat_map/ , Zillow.com and Locale Trends Tracker @ http://www.localetrends.com/metro/baton-rouge-louisiana-home.php
 
The Trulia map below is by "Neighborhood" and is as of 10/21/2010.


 
The map below is by "Zip Code" and is as of 10/21/2010.  Click below to be shown a current map!

 

 
 
The map below is by "Baton Rouge Home Price Heat Map" and is as of 10/26/2010.  Unfortunately, … (1 comments)

Ascension Parish Greater Baton Rouge Housing Trends $100K To $600K Two Year Study Released - 10/26/10 08:49 AM
http://www.batonrougerealestatetrends.net/ - Greater Baton Rouge Ascension Parish Housing Trends $100K To $600K Two Year Study Released!  Some Improving News In The Numbers!
 
Accurate Valuations Group Appraiser, Bill Cobb, has performed a 2 year housing market study on Ascension Parish Housing in GBR MLS Areas 90, 91 and 92 from 9/1/2008 to 9/30/2010.  Search parameters were ALL Residential Housing (except Manfactured Housing) from $100,000 to $600,000 in ALL age ranges. The charts on this page are the results of the study.
The At-A-Glance Results Are Below:
The median sold price is up 4% The median price of for sale properties is down … (2 comments)

Walker La Housing Trends: Challenges Persist In An Under $165,000 Market! - 10/26/10 06:52 AM
http://www.batonrougerealestatetrends.net/ - Walker La Housing Trends: Higher Priced Homes Study Released!  Challenges for higher priced homes persist in this predominantly under $165,000 housing market. 


Accurate Valuations Group Appraiser, Bill Cobb, has performed a 3 year housing market study on MLS Area 82 or Walker from 9/1/2007 to 9/30/2010.  Search parameters were ALL Residential Housing (except Manfactured Housing) from $170,000 to $500,000 and ONLY Proposed or New Homes.  The charts on this page are the results of the study.

THE RESULTS AT A GLANCE: 
Q3 2007 vs. Q3 2010: The median sold price is up 28% (But only based on 2 sales in Q3 … (1 comments)

Denham Springs Housing Trends: $300K To $600K Two Year Study Released - 10/26/10 06:36 AM
http://www.batonrougerealestatetrends.net/ - Denham Springs Housing Trends: High End Homes Two Year Study Released!
Accurate Valuations Group Appraiser, Bill Cobb, has performed a 2 year housing market study on MLS Areas 81 and 83 from 9/1/2008 to 9/30/2010. Search parameters were ALL Residential Housing (except Manfactured Housing) from $300,000 to $600,000 and ALL ages (proposed, new and existing). The charts on this page are the results of the study.  
Sep-08 vs. Sep-10: The median sold price is up 6%
Sep-08 vs. Sep-10: The median price of for sale properties is down 1% and the median price of sold properties is up … (1 comments)

Ten One Year Denham Springs Louisiana Housing Charts Reveal Sold Prices Up, Inventory Grows - 10/26/10 06:03 AM
http://www.batonrougerealestatetrends.net/ - 2010 Denham Springs Housing Trends: Ten One Year Housing Charts Explain Median Sold Prices Up, Number of Sold Properties Decreases and Inventory Grows!

Accurate Valuations Group Appraiser, Bill Cobb, has performed a 1 year housing market study on MLS Areas 81 and 83 from 9/1/2009 to 9/30/2010.  Search parameters were ALL Residential Housing (except Manfactured Housing) from $50,000 to $500,000 and ALL ages (proposed, new and existing).  The charts on this page are the results of the study. 
Sep-09 vs. Sep-10: The median sold price is up 6%   Sep-09 vs. Sep-10: The median price of for sale properties is down 4% and the median price of sold … (1 comments)

Housing Trends In Denham Springs: Three Year Housing Study Sept 2007 To Sept 2010 Released! - 10/26/10 05:47 AM
http://www.batonrougerealestatetrends.net/ - 2010 Denham Springs Housing Trends: Three Year Housing Charts Show A Minor Post Hurricane Katrina Market Correction, Which Was To Be Expected! Q3 2007 vs. Q3 2010: The median sold price is down 3%. Q3 2007 vs. Q3 2010: The number of sold properties is down 41%.  Q3 2007 vs. Q3 2010: The median sold price is down 3%.  Q3 2007 vs. Q3 2010: The number of under contract properties is down 21%.   Q3 2007 vs. Q3 2010: The number of new properties is down 48%.  Q3 2007 vs. Q3 2010: The number of for sale properties is down … (1 comments)

2010 Baton Rouge Housing Trends: Southeastern MLS Area 43 3 Year Housing Study Released - 10/24/10 07:19 AM

 
http://www.batonrougehomeappraisal.com/ - 2010 Baton Rouge Housing Trends: Southeastern MLS Area 43 3 Year Housing Study Released
 
 
Bill Cobb Appraiser, with Accurate Valuations Group, has assembled a 3 year study of the MLS Area 43 located in the southeastern section of Baton Rouge.   Larger subdivisions within Area 43 include Azalea Lakes, Carrington Place,  Hickory Ridge, Lake At White Oak, Old Jefferson, O'Neal Place, Parview Oaks, Rolling Meadows, Shenandoah Estates, Wedgewood, White Oak Landing, Woodland Ridge, Woodlawn Estates and others.  Enjoy the Charts!  
 
Q3 2007 vs. Q3 2010: The median sold price is up 3%.   Q3 2007 vs. … (0 comments)

Comprehensive 1 Year Study With 10 Charts: Greater Baton Rouge Housing Trends Sept 2009 to 2010 - 10/23/10 06:02 AM
 
http://www.batonrougerealestatetrends.net/ - Greater Baton Rouge Housing Trends:  One Year Study 10 Charts Sept 2009 to Sept 2010!
The 10 charts below represent a comprehensive study of the Greater Baton Rouge Housing Market. Parameters of search were ALL MLS Areas within the GBRAR MLS from Q3 2009 to Q3 2010 or from September 2009 to September 2010 as of 10/21/2010.  Includes only "Residential" properties excluding Manufactured Housing priced from $50,000 to $750,000. The explanation of the chart data being presented is directly below each chart.
 

 
Sep-09 vs. Sep-10: The median price of for sale properties is down 3% and the median price … (0 comments)

Comprehensive 3 Year Study With 9 Charts: Greater Baton Rouge Housing Trends - 10/22/10 12:57 AM
 
http://www.batonrougerealestatetrends.net/ - Greater Baton Rouge Housing Trends: Comprehensive 3 Year Study With 9 Charts!
The 9 charts below represent a comprehensive study of the Greater Baton Rouge Housing Market. Parameters of search were ALL MLS Areas within the GBRAR MLS from Q3 2007 to Q3 2010 as of 10/20/2010. Includes only "Residential" properties excluding Manufactured Housing priced from $100,000 to $750,000. The explanation of the chart data being presented is directly below each chart.
 
 

 
Q3 2007 vs. Q3 2010: The median sold price is up 1%
 
 

Q3 2007 vs. Q3 2010: The median … (0 comments)

Home Appraisers: Is PhoenixMobile's New Appraiser iPhone App Promising To You? - 10/21/10 06:59 PM
 
http://www.realestateappraisertips.info/ - Home Appraisers: Is PhoenixMobile's New Appraiser iPhone App Promising To You?
The new WorkingRE Magazine arrived yesterday and I had time during lunch today to peruse it.   Because I own and love my iPhone, the Phoenix Mobile ad on page 15 intrigued me to some extent.   To learn more about this new app, visit: https://www.phoenixsuite.com/mobile/
 
 
 
The App's features include:
Mapping and Routing Forms Photos Floorplans File Sharing Online Backs What also caught my attention is "The Cloud" aspect of the app for data storage and retrieval.  Appraisers....Is this something you would buy and use?  Leave us … (1 comments)

Foreclosure Trends: West Baton Rouge Parish Foreclosure Sales 5 Percent Of Market! - 10/21/10 11:19 AM
http://www.westbatonrougeappraiser.com/ - West Baton Rouge Parish Foreclosure Trends: 2009 2010 Foreclosure Sales Numbers!   2010 Foreclosures total 7% of sales YTD; 2009 Foreclosures totaled 5%, an increase of +2% since 2009.   4% of all MLS Listings are Foreclosures!  Foreclosures are only moderately impacting this market.   There's A Major "Caveat" with the numbers below!  


The chart below represents the number of recorded West Baton Rouge Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS as of 10/16/2010, with the exception of Manufactured Housing sales.  The GBRMLS Areas for West Baton Rouge Parish is 70. 

 
Let's put these foreclosure numbers into perspective!  In 2009, there were a total … (1 comments)

2010 Ascension Parish Foreclosures: Where Are They Most Concentrated? - 10/19/10 06:05 AM
http://www.ascensionrealestateappraisers.com/ - Where Are The 2010 Ascension Parish Foreclosures Concentrated?  


 
The chart above represents the number of recorded Ascension Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS as of 10/16/2010, with the exception of Manufactured Housing sales.  GBRMLS Areas for Ascension Parish are 90, 91 and 92. 

 
2010 Foreclosures total 7% of sales YTD; 2009 Foreclosures totaled 6%, an increase of +1% since 2009.   5% of all Ascension MLS Listings are Foreclosures!  Foreclosures are only moderately impacting this market. 
AREAS 90-92 2010 FORECLOSURES. In 2010, there have been 68 solds. The vast majority of these foreclosure solds … (1 comments)

2010 Ascension Parish Foreclosures: Total 7 Percent Of All Sales! - 10/19/10 06:00 AM
http://www.ascensionrealestateappraisers.com/ - Ascension  Parish Foreclosure Trends: 2009 2010 Foreclosure Sales Numbers!   2010 Foreclosures total 7% of sales YTD; 2009 Foreclosures totaled 6%, an increase of +1% since 2009.   5% of all Ascension MLS Listings are Foreclosures!  Foreclosures are only moderately negatively impacting this market.   There's A Major "Caveat" with the numbers below!  


 
The chart below represents the number of recorded Ascension Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS as of 10/16/2010, with the exception of Manufactured Housing sales.  GBRMLS Areas for Ascension Parish are 90, 91 and 92. 
 

 
Let's put these foreclosure numbers into perspective!  In 2009, there were a … (1 comments)

Livingston Parish Foreclosures: Where Are They Concentrated? - 10/19/10 05:47 AM
http://www.batonrougerealestatetrends.net/foreclosure-stats/livingston-foreclosure-stats/ - Where Are The 2010 Livingston Parish Foreclosures Taking Place?  Livingston Parish Fore closure Trends: 2009 2010 Foreclosure Sales Numbers!   2010 Foreclosures total 13% of sales YTD; 2009 Foreclosures totaled 9%, an increase of +2% since 2009.   7% of all Livingston MLS Listings are Foreclosures!  Foreclosures are negatively impacting this market.   Where Are The Foreclosures Most Concentrated?  

The chart above represents the number of recorded Livingston Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS (Multiple Listing Service), with the exception of Manufactured Housing sales.  Greater Baton Rouge MLS Areas for Livingston Parish are 80, 81, 82 and 83.

 
AREA 80 2010 … (0 comments)

2010 Foreclosure Sales Numbers: Livingston Parish Foreclosure Trends - 10/18/10 06:54 AM
http://www.denhamspringsappraisers.com/ - Livingston Parish Fore closure Trends: 2009 2010 Foreclosure Sales Numbers!   2010 Foreclosures total 13% of sales YTD; 2009 Foreclosures totaled 9%, an increase of +2% since 2009.   7% of all Livingston MLS Listings are Foreclosures!  Foreclosures are negatively impacting this market.   There's A Major "Caveat" with the numbers below!   


 
The chart below represents the number of recorded Livingston Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS, with the exception of Manufactured Housing sales.  GBRMLS Areas for Livingston Parish are 80, 81, 82 and 83.  

 
Let's put these foreclosure numbers into perspective!  In 2009, there were a total of … (0 comments)

2010 Foreclosures, Where Are They Located In East Baton Rouge? Some Surprises! - 10/18/10 06:13 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Fore closure Trends: Where Are The 2010 East Baton Rouge Fore closures Taking Place?  Some Surprises!
East Baton Rouge 2009 2010 Fore closure Sales Numbers!   2010 Fore closures total 12% of sales YTD; 2009 Fore closures totaled 11%.  7% of all EBR MLS Listings are Fore closures!  Fore closures are negatively impacting this market.   There's A Major "Caveat" with the numbers below!
 

 
 
The answer is in the chart below: Areas 11, 31, 41, 43 & 53.
 

 
 
AREA 11 FORECLOSURES, Primarily Baker.  In Area 11 in 2010, there have been 33 solds in Baker and 13 in … (2 comments)

Baton Rouge REO Trends: East Baton Rouge 2009 2010 Foreclosure Sales Numbers - 10/18/10 06:10 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge REO Trends: East Baton Rouge 2009 2010 Foreclosure Sales Numbers!   2010 Foreclosures total 12% of sales YTD; 2009 Foreclosures totalled 11%.  7% of all EBR MLS Listings are Foreclosures!  Foreclosures are negatively impacting this market.   There's A Major "Caveat" with the numbers below!  
The chart below represents the number of recorded East Baton Rouge Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS, with the exception of Manufactured Housing sales. 
 

 
 
Let's put these foreclosure numbers into perspective!  In 2009, there were a total of 3,985 sales.  430 foreclosure sales in 2009 represents only 11% of total sales.  In 2010, … (2 comments)

West Baton Rouge Parish Residential Building Permits Charting From 2000 Through September 2010 - 10/18/10 06:05 AM
http://www.westbatonrougeappraiser.com/ - West Baton Rouge Parish Residential Building Permits Charting From 2000 Through September 2010

 
The West Baton Rouge Parish Residential Building Permit Data Through September 2010 has been released.  See the results above for actual residential building permits less those permits issued for additions or remodeling projects. In 2008, there were a total of 146, in 2009 131 and in 2010 year-to-date, there have already been 136 through September 2010. If this pace continues through 2010, there should be 181 permits issued, which will be better than both 2008 and 2009.  The above data represents the number of total residential buildings, … (0 comments)

Baton Rouge's Concord Estates Housing Price Trends 2005-2010 - 10/18/10 05:56 AM
http://www.batonrougerealestateappraisers.net/ - Baton Rouge Real Estate: Concord Estates Housing Price Trends 2005-2010


 
Solds In Concord Estates from 1/1/2010 to 10/16/2010 revealed:Average Sales Price: $199,900Average Sold Price Per Sq. Ft.: $88/sf  ($91/sf in 2009)Median Sold Price: $199,900 ($175,000 in 2009)Number of Sales: 1  (3 Sales In 2009)Average Number of Days On Market: 8Low To High: $199,900 to $199,900Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 6, 2 Are ForeclosuresCurrent Listings Prices: $169,900 To $170,000
 


 


 
Data for this report was used with the permission of the Greater Baton Rouge Association of Realtors MLS.  … (0 comments)

Residential Building Permits For Livingston Parish Charting From 2000 Through June 2010 - 10/16/10 05:31 PM
http://www.appraisersindenhamsprings.com/ - Residential Building Permits For Livingston Parish Charting From 2000 Through June 2010 
The Livingston Parish Residential Building Permit Data Through June 2010 has been released.  See the results below for actual residential building permits less those permits issued for additions or remodeling projects. In 2008, there were a total of 745, in 2009 566 and in 2010 year-to-date, there have been 328 through June 2010. If this pace continues through 2010, there should be 656 permits issued, which will be better than 2009, but less than 2008.
RESIDENTIAL BUILDING PERMIT CHARTS FROM YEARS 2000 TO 2010 YEAR TO DATE. NOTE: … (0 comments)

Baton Rouge Real Estate: Listen To NAR's Real Estate Today Show For October 16, 2010! - 10/16/10 03:57 PM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Listen To NAR's Real Estate Today Show For October 16, 2010!


 
Each Saturday, the NATIONAL ASSOCIATION OF REALTORS® hosts the "Real Estate Today Radio" show with award-winning broadcaster, Gil Gross.  The "About" section says:
"Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.
On radio stations, satellite, and podcasts… even cell phones, Real Estate Today is your instant connection to the American Dream of home ownership." 
… (0 comments)

Residential Building Permits Charting For 2000-2010 YTD and By Month For East Baton Rouge Parish - 10/16/10 04:00 AM
http://www.batonrougehomeappraisal.com/ - Residential Building Permits Charting For 2000-2010 YTD and By Month For East Baton Rouge Parish
The East Baton Rouge Parish Residential Building Permit Data Through September 2010 has been released.  See the results below for actual residential building permits less those permits issued for additions or remodeling projects.  In 2008, there were a total of 693, in 2009 882 and in 2010 year-to-date, there have been 549 through September 2010.  If this pace continues through 2010, there should be 732 permits issued, which will be better than 2008, but less than 2009.
RESIDENTIAL BUILDING PERMIT CHARTS FROM YEARS 2000 TO 2010 … (0 comments)

2010 Baton Rouge Housing Trends: Jefferson Terrace 6th Filing (Newer Homes) - 10/15/10 07:32 AM
http://www.batonrougerealestatetrends.net/ - 2010 Baton Rouge Housing Trends: Jefferson Terrace 6th Filing (Newer Homes) 


 
Solds In Jefferson Terrace 6th Filing from 1/2005 to 10/14/2010 revealed:Average Sales Price: $267,750  ($255,786 in 2009)Average Sold Price Per Sq. Ft.: $125/sf  ($124/sf in 2009)Median Sold Price: $273,250  ($260,000 in 2009)Number of Sales: 4 YTD (7 in 2009)Average Number of Days On Market: 81Low To High: $232,000 to $292,500Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 3, 0 Are ForeclosuresCurrent Listings Prices: $254,500 To $327,500


 

 

 
Data for this report was used with permission of the Greater Baton Rouge … (0 comments)

Silver Lining in the Foreclosure Meltdown?` - 10/14/10 12:27 PM
Larry makes a good point to comtemplate here!  Anything that can speed up the short sale process is a good thing.  My parents recently sold their larger home to scale down and several of the homes they liked that they wanted to buy they couldn't buy because of their closing deadline and because the homes they wanted to be were in the short sale process.   They were told by listing agents that it could take months to close, that there was no way to give them a timeline and they didn't have months to wait.  
Via Greensboro, NC Real Estate … (1 comments)

2010 Denham Springs Housing Trends: Lakes At Belle Terre Subdivision - 10/14/10 09:54 AM
http://www.appraisersindenhamsprings.com/ - 2010 Denham Springs Housing Trends: Lakes At Belle Terre Subdivision

 
 
Solds In Lakes At Belle Terre Subdivision from 1/2005 to 10/13/2010 revealed:Average Sales Price: $209,333Average 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: 65Low To High: $188,000 to $250,000Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 4, 0 Are ForeclosuresCurrent Listings Prices: $179,000 To $205,000
 

 
 
 
 
 
Home Sales Data for this update was used with permission of the GBRAR … (1 comments)

Taking out foreclosure frustration with an axe in Baton Rouge - 10/11/10 06:55 PM
http://www.batonrougerealestateappraisal.com/ - Taking out foreclosure frustration with an axe in Baton Rouge
I recently performed a foreclosure appraisal within the Greater Baton Rouge housing market where there was more damage than I normally witness - approximately $45,000 in cost-to-cure.  The video of the damage is below the page.
 


 
Possibly the most costly repairs to bring this home up to a marketable condition are the roof replacement, replacing the missing central heat and air unit (both exterior and in the attic), re-sheetrocking the home, replacing the missing Main Bathroom and then a lot of cosmetic TLC.  As a home appraiser and not a licensed … (0 comments)

Baton Rouge Real Estate Foreclosure Rate For Area 42 Approximately 10% - 10/11/10 06:34 PM
http://www.batonrougerealestatetrends.net/ - Baton Rouge MLS Area 42 Hovers Around 10% Foreclosure Rate Since October 2008 for the parameters below. 

 
I recently performed an appraisal of a 1875sf living area home built in 1979 within MLS Area 42.  As part of the appraisal and in order to complete the Fannie Mae 1004 MC section regarding REO Foreclosures history, the following chart below was created. 

 
Based on GBRMLS in MLS Area 42 from 10/09/2008 to 10/09/2010, from 1700sf to 2050sf, $80,000 to $185,000, 3 to 4 bedrooms from 16-20 to 41-50 years, MLS revealed that 12 or 9.83% of the 122 total … (1 comments)

Baton Rouge Luxury Homes Market September 2010: Better Than Expected! - 10/11/10 12:23 PM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Luxury Homes Market Report Through September 2010: Better Than Expected! 

 
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 … (0 comments)

Baton Rouge Housing: Comprehensive September 2010 Report, Includes High End Homes Market - 10/11/10 03:56 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Housing: Comprehensive September 2010 Report, Includes High End Homes Market.  Greater Baton Rouge Area GBRMLS Monthly Observations for September 2010.  Baton Rouge Area Real Estate 2010 Home Sales Down 25% From September 2009 on a September 2009 versus September 2010 comparison!   Area home sales are down 3.6% for the year! 

 
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 … (2 comments)

Appraisal Summit 2010 Panel Video: Global Thought Leader Panel discusses Frank-Dodd Bill...Gets Heated! - 10/09/10 06:21 AM
http://www.realestateappraisertips.info/ - Appraisal Summit 2010 Panel Video: Global Thought Leader Panel discusses Frank-Dodd Bill...Gets Heated At Times!
Congratulations and Many Thanks is in order to Bryan Reynolds with Reynolds Appraisal Service in Kentucky for speaking for and defending home appraisers against AMCs (Appraisal Management Companies) during this "Panel" discussion, which was really more like a debate.  As a Home Appraiser and Professional, we are sick of the AMCs trying to cram lower and lower fees and 3 to 5 day turn-times down our throat....and counting Saturdays and Sundays as business days within that 5 days.  If an appraisal is ordered on a … (0 comments)

Baton Rouge Housing Statistics: Wimbledon Estates Subdivision 2010 - 10/08/10 07:06 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Housing Statistics: Wimbledon Estates Subdivision 2010 

 
Solds In Wimbledon Estates from 1/2010 to 10/08/2010 revealed:Average Sales Price: $208,750   ($215,500 in 2009)Average Sold Price Per Sq. Ft.: $95/sf    ($99/sf in 2009)Median Sold Price: $198,250   ($220,000 in 2009)Number of Sales: 4Average Number of Days On Market: 65Low To High: $173,500 to $265,000Number of Sold REO/Foreclosures Noted In MLS: 1Current # Listings: 2, 0 Are ForeclosuresCurrent Listings Prices: $259,900 To $298,999
 

 
The five year charting shows a median sales price increase of 60%.  The one year charting shows a -11.9% decline in median sales price change, partly … (3 comments)

Home Appraisals Explained: How Market Conditions and Growing Inventories of Listings Impact An Appraisal! - 10/08/10 06:10 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Home Appraisals: How Market Conditions Can Mean A Not As Favorable Value For Your Home! The challenges local home appraisers now face when valuing Greater Baton Rouge homes after the Federal Tax Credit Expiration.
I recently completed a refinance appraisal assignment off Sharp Rd and witnessed a trend I wanted to bring your attention to. This is still the recovering Post Hurricane Gustav market of MLS Area 42, zip code 70815, generally Broadmoor and Sherwood Forest areas. I say Post Hurricane Gustav because Gustav's damage in 9/2008 disrupted this housing market more than most realize. I believe … (3 comments)

Residential Building Permits Charting For Ascension Parish 2000 - 2010 Year To Date - 10/07/10 04:33 AM
http://www.ascensionrealestateappraisers.com/ -  Residential Building Permits Charting For Ascension Parish 2000 - 2010 Year To Date

 
NOTE: This chart can be viewed in a larger scale @ http://www.batonrougerealestatetrends.net/building-permits/
According to Chad Calder's The Advocate article below, for the first half of 2010, Ascension has issued approximately 399 permits, which was a 27% rise over 2009.  NOTE: IF the pace of first half residential building permits continues throughout 2010, then 2010 will surpass the 786 permits for 2009.  However, with the slowdown in new home construction, this is doubtful.  It's believed by this appraiser, which concurs with Chad's article, that much of the … (1 comments)

2010 Baton Rouge Home Price Trends: Lakeside Subdivision Report - 10/07/10 03:52 AM
http://www.batonrougerealestatetrends.net/ - 2010 Baton Rouge Home Price Trends: Lakeside Subdivision Report

 
Solds In Lakeside Subdivision from 1/2010 to 10/07/2010 revealed:Average Sales Price: $375,980Average Sold Price Per Sq. Ft.: $132/sfMedian Sold Price: $357,000Number of Sales: 5Average Number of Days On Market: 58Low To High: $320,000 to $473,000Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 4, 1 ForeclosureCurrent Listings Prices: $257,800 To $519,000
NOTE: There were NO 2009 MLS Sales, Which Is The Reason For The Dip In The Charting Below.




 
Data in this report was used with the permission of the GBRAR MLS.  Search dates were … (4 comments)

Baton Rouge Home Price Trends: 2010 Bluebonnet Terrace Update - 10/06/10 05:13 PM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Home Price Trends: 2010 Bluebonnet Terrace Update

 
Solds In Bluebonnet Terrace from 1/2009 to 10/06/2010 revealed:Average Sales Price: $296,144Average Sold Price Per Sq. Ft.: $127/sfMedian Sold Price: $301,375Number of Sales: 8Average Number of Days On Market: 58 DaysLow To High: $265,000 to $324,900Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 4, 0 Are ForeclosuresCurrent Listings Prices: $295,000 To $319,900
NOTE: Period reported is 1/1/2009 to 10/6/2010 because there has only been 1 MLS Sale in 2010.



 


 
Data is used with permission of the GBRAR MLS.  Search dates … (2 comments)

Baton Rouge Housing Trends: Completion of 5 Year Jefferson Terrace Released - 10/06/10 11:54 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Housing Trends: Completion of 5 Year Jefferson Terrace Released
Based on a recent home appraisal in Jefferson Terrace Subdivision, located in Baton Rouge, Louisiana 70809, I wanted to present to readers several different charting formats of Jefferson Terrace data.  The five year charting shows a median sales price increase of 23.2%.  The one year charting shows a +3.4% median sales price increase.  The scatter charting of Sold Price Per Square Foot appears to indicate a decrease in sold price per square foot.  NOTE: The Jefferson Terrace data is used with the permission of the Greater Baton Rouge Association of Realtors, from … (1 comments)

Baton Rouge Real Estate: Scatter Graphs Of Shenandoah Estates October 2010 - 10/06/10 01:13 AM
http://www.videosofbatonrougerealestate.com/ - Baton Rouge Real Estate: Scatter Graphs Of Shenandoah Estates October 2010
Based on a recent home appraisal in Shenandoah Estates Subdivision, located in Baton Rouge, Louisiana 70817, I wanted to present to readers several different charting formats of Shenandoah Estates data.  The five year charting shows a median sales price increase of 25.1%.  The one year charting shows no significant median sales price change.  The scatter charting of Sold Price Per Square Foot appears to indicate an increase in sold price per square foot.  NOTE: The Shenandoah Estates data is used with the permission of the Greater Baton Rouge Association of Realtors, from 1/1/2007 … (1 comments)

Baton Rouge Real Estate Buzz: Video Listings Site brHomeListings.com is now online! - 10/05/10 06:48 AM
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 … (0 comments)

Baton Rouge Real Estate Buzz: September 2010 Housing Numbers Are Released! - 10/04/10 06:35 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Real Estate Trends: September 2010 GBR MLS Numbers Are Released!

 
Active Listings On 10/1/2010: 4245
Pending Listings On 10/1/2010: 795
SOLDS
Sept 2010-407 (Decline of 172 or -30% Compared to 9/2009)
Sept 2009-579
Sept 2008-374 ( Hurricane Gustav Meant Less Closings )
Sept 2007-695
Sept 2006-841
Sept 2005-1763 (Hurricane Katrina Meant Increase In Sales)
Sept 2004-635


 
NOTE: These numbers are provided by Tony Zito with Zito Real Estate Group sent to me on 10/3/2010 and used with the permission of GBRAR MLS.   Search dates would be 9/1/2004 through 10/1/2010, extraction date 10/1/2010. Parishes include East … (2 comments)

How Much Value Does Converting Denham Springs La Garage To Living Area For A PCC or DR Horton Home? - 10/04/10 05:48 AM
http://www.appraisersindenhamsprings.com/ – Denham Springs Real Estate: How Much Value Does Converting Garage To Living Area For A PCC or DR Horton Home in Subdivisions Like Richmond Place, South Point, Woodland Crossing and Westminister Estates?
 

 
If you’ve driven through the PCC Homebuilders and/or DR Horton Developments around Denham Springs, it’s likely that you’ve seen homes just like the one above with the garage converted to living area. As I drive through these developments for home appraisals, it seems like it makes sense to convert into this manner because a lot of these residents use their garages for storage and don’t … (0 comments)

Western Livingston Parish Home Appraisers: 2010 Housing Market Report - 10/04/10 05:36 AM
http://www.denhamspringsappraisers.com/ - Western Livingston Parish Home Appraisers: August 2010 Market Data
The August 2010 housing numbers are in from the Greater Baton Rouge Association of Realtors from 8/1/2010 to 8/31/2010 and from 8/1/2009 to 8/31/2010, extracted on 9/16/2010.
 


The August 2010 housing numbers are in from the Greater Baton Rouge Association of Realtors from 8/1/2010 to 8/31/2010 and from 8/1/2009 to 8/31/2010, extracted on 9/16/2010.
Livingston Parish August 2010 Market Data
(For MLS Areas 80, 81, 82 & 83)
Total Monthly Sales: 56 (Lowest Number Of Sales In Period)
Average Listing Price: $164,295 ($162,914 in 8/2009)Average Sold Price: $161,018 ($160,232 … (0 comments)

Details Released On Baton Rouge Metro Areas First Video Real Estate Listings Website – brhomelistings.com! - 10/03/10 09:54 PM
http://www.batonrougerealestatebuzz.com/ – More Details Released About Baton Rouge Metro Areas First Video Real Estate Listings Website – brhomelistings.com!

On September 8th, Buzz delivered to you news about the Metro Areas“First” Video Real Estate Listings Website here: Baton Rouge Real Estate Buzz: Metro Areas First Video Real Estate Listings Website – brHomeListings.com! At that time, the only details Kevin DeLaune, withRealtyStudioHD, would offer was that the site would be launching in the near future and “brHomeListings.com is Baton Rouge’s first local real estate website to incorporate video as an essential component in real estate marketing online!
 
 

 
The following details below were released … (0 comments)

Baton Rouge Real Estate Appraisers Housing Trends Report: Centurion Place 2010 Update - 10/03/10 08:22 PM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Real Estate Appraisers Housing Trends Report: Centurion Place 2010 Update

Solds In Centurion Place from 1/2010 to 10/3/2010 revealed:Average Sales Price: $290,000  ( $325,315 in 2009 )Average Sold Price Per Sq. Ft.: $95/sf  ( $101/sf in 2009 )Median Sold Price: $285,000  ( $287,500 in 2009 )Number of Sales: 3  ( 8 in 2009 )Average Number of Days On Market: 275  (78 in 2009)Low To High MLS Sales Prices: $289,000 to $329,000Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 9, 1 Is A ForeclosureCurrent Listings Prices: $282,900 To $499,000  
 

 

 
Data for this … (0 comments)

Denham Springs Appraisers: Need To Appeal Your Western Livingston Parish Tax Assessment? - 10/03/10 06:57 AM
http://www.denhamspringslarealestate.net/ - Do You Need To Appeal Your Western Livingston Parish Denham Springs Property Tax Assessment?   Possibly So and Possibly Not!  Watch the video below!
 

Click Below To Watch Video

Denham Springs Western Livingston Parish Property Tax Appeal Appraisals  
Denham Springs Western Livingston Parish Property Tax Appeal Appraisals. In this video, Western Livingston Parish Home Appraiser, Bill Cobb, points out some inaccuracies in tax assessments.  However, the vast majority are properly assessed.  

 
EDITOR'S NOTE: This is not a cheap shot directed at our public servants as this video is complimentary of them.  Our Tax Assessor, … (1 comments)

Housing Trends In Baton Rouge: 2010 Market Report For Ascot Subdivision - 10/02/10 09:29 AM
http://www.batonrougerealestatetrends.net/ - Baton Rouge Housing Trends: Ascot Subdivision 2010 Market Report

 
Solds In Ascot Subdivision from 1/2010 to 10/02/2010 revealed:Average Sales Price: $204,483Average Sold Price Per Sq. Ft.: $111/sf  ( $115/sf in 2009 )Median Sold Price: $199,950   ( $208,000 in in 2009 )Number of Sales: 6  ( 7 Sales In 2009 )Average Number of Days On Market: 56Low To High: $175,000 to $248,000Number of Sold REO/Foreclosures Noted In MLS: 0Current MLS # Listings: 0, 0 Are Foreclosures
There is 1 FSBOBR.COM Listing for $234,500 for 2,330sf or $100.64

 

 
Data for this housing market report was used … (0 comments)

North Ascension Parish Real Estate Trends: Old Mill Subdivision 2010 Update - 10/02/10 08:53 AM
http://www.ascensionrealestateappraisers.com/ - Geismar Dutchtown Real Estate Trends: Old Mill Subdivision 2010 Update

 
Solds In Old Mill Subdivision from 1/2010 to 10/02/2010 revealed:Average Sales Price: $238,985Average Sold Price Per Sq. Ft.: $126/sf  ($124/sf in 2009)Median Sold Price: $239,900   ($249,950 in in 2009)Number of Sales: 13  (Only 10 Sales In 2009)Average Number of Days On Market: 61Low To High: $225,000 to $257,000Number of Sold REO/Foreclosures Noted In MLS: 0Current # Listings: 10, 0 Are ForeclosuresCurrent Listings Prices: $223,000 To $257,900

 

 

 
Data for the market update was used with permission of the GBRAR MLS.  Data is from … (0 comments)

LSU Townhomes Report: Arlington Plantation Townhouses - 10/02/10 12:55 AM
http://www.batonrougerealestatetrends.net/ - LSU's Baton Rouge Arlington Plantation Townhomes: 2010 Market Update!

 
Solds In Arlington Plantation from 1/2010 to 10/01/2010 revealed:Average Sales Price: $175,467Average Sold Price Per Sq. Ft.: $119/sfMedian Sold Price: $181,000Number of Sales: 9Average Number of Days On Market: 129Low To High: $158,000 to $190,300Number of Sold REO/Foreclosures Noted In MLS: 0Current # MLS Listings: 4, 0 Are ForeclosuresCurrent Listings Prices: $164,900 To $197,500

 

 
 
Data for this housing report was used with permission of the GBRAR MLS from 1/1/2005 to 10/01/2010.  Extraction or search date was 10/01/2010. 
… (1 comments)

Baton Rouge Real Estate Buzz: Greenwood Estates 70811 2010 Housing Update - 10/02/10 12:24 AM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Greenwood Estates 70811 2010 Housing Update!

 
Solds In Greenwood Estates from 1/2010 to 10/01/2010 revealed:Average Sales Price: $107,375Average Sold Price Per Sq. Ft.: $71/sfMedian Sold Price: $103,250Number of Sales: 4Average Number of Days On Market: 122 Low To High: $64,000 to $159,000Number of Sold REO/Foreclosures Noted In MLS: 2Current # Listings: 3, 0 Are ForeclosuresCurrent Listings Prices: $127,900 To $209,900
 

 

 

 
This data for this report was used with the permission of the GBRAR MLS from dates 1/1/2005 to 10/01/2010, extracted on 10/01/2010.
 
… (1 comments)

Baton Rouge Real Estate: How Mortgage Fraud Was Committed Post Hurricane Katrina - 10/01/10 11:45 PM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: How Mortgage Fraud Was Committed Post Hurricane Katrina.
 
 
To Watch This Video, Click Below:
Baton Rouge Real Estate: How Mortgage Fraud Was Committed Post Hurricane Katrina
 
In this video, Baton Rouge Home Appraiser, Bill Cobb, reports on-site from a high-end foreclosure and explains how mortgage fraud was committed. The fraud was in adding 400sf to 500sf to this home, which technically was not living area, and then using only 3 sales, which were not at all comparable and 2 were located many miles away, to arrive at a value $75,000+/- higher … (0 comments)

 
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Bill Cobb Greater Baton Rouge Home Appraiser

Baton Rouge, LA

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Address: P.O. Box 40515, Baton Rouge, LA, 70835

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