east baton rouge real estate appraisers: FHA Appraisers East Baton Rouge Report On Hermitage Subdivision
- 12/16/08 05:07 AM
http://fhaappraiserbatonrouge.info/ - FHA Appraisers East Baton Rouge 12/2008 Report On Hermitage Subdivision Solds from 12/06/2006 to 12/06/2007 (All Sales - REO & Non-REO) reveals: Average Sales Price: $113,594Average Sold Price Per Sq. Ft.: $81.96Median Sold Price: $117,450Low Sales Price: $74,900High Sales Price: $157,500 Average # of Days On Market: 65# of Sales: 16 Solds from 12/06/2007 to 12/06/2008 With 4 REO Sales reveals: Average Sales Price: $99,750Average Sold Price Per Sq. Ft.: $71.00Median Sold Price: $98,750Low Sales Price: $64,000High Sales Price: $122,000Average # of Days On Market: 100# of Sales: 12 An MLS CMA of Hermitage from 12/06/2007 to 12/06/2008 Without The 4 (0 comments)
east baton rouge real estate appraisers: Baton Rouge Real Estate: What's The Housing Market Direction For High End Homes In MLS Areas 52, 53 & 62 (LSU, Highland Rd Areas, Out To Santa Maria)?
- 09/12/08 11:57 PM
http://batonrougehomesrealtor.com/ - Baton Rouge Real Estate: What's The Housing Market Direction For High End Homes In MLS Areas 52, 53 & 62 (LSU, Highland Rd Areas, Out To Santa Maria)? I recently completed a home appraisal in the high-end Myrtle Hill / Myrtle Ridge Subdivision and made this discovery below. Solds In MLS Areas 52, 53, & 62 from 9/13/06 to 9/13/07 reveal: Average Sales Price: $759,642Average Sold Price Per Sq. Ft.: $186.44/sfMedian Sold Price: $645,000Low Sales Price: $500,000High Sales Price: $3,000,000# of Sales: 165Average # of Days On Market: 96 Days On Market Solds In MLS Areas 52, 53 & (0 comments)
east baton rouge real estate appraisers: Baton Rouge Real Estate Appraiser Attends Appraisal Institute's "Appraisal Challenges: Declining Markets and Sales Concessions", Part 3
- 09/09/08 07:14 PM
http://batonrougerealestateappraisers.com/ - Baton Rouge Real Estate Appraiser Attends Appraisal Institute's "Appraisal Challenges: Declining Markets and Sales Concessions", Part 3 Financing and Sales Concessions This section begins with this quote, "In a downturn market, real estate practitioners often develop new tools to facilitate sales that would not otherwise be transacted. One of the most common tools used by brokers and builders alike is to have the seller provide financial assistance to the buyer. These concessions almost always have an effect on the sales price paid and must be recognized and adjusted properly by appraisers." My comment is that this method isn't only used (0 comments)
east baton rouge real estate appraisers: Can One Purchase A Baton Rouge Condominium With FHA Financing?
- 09/09/08 11:52 AM
Can One Purchase A Baton Rouge Condominium With FHA Financing? Purchasing a condo can be a huge task in itself to take on, but buying one attempting to use FHA financing can become an unwarranted headache. Follow the advice below to instill in yourself the necessary information for navigating through the somewhat confusing waters of acquiring financing for your condo purchase, and for understanding the process as you sail through it. In today's economy, it becomes difficult to find the best financing for purchasing a condo, but applying for FHA financing could be the one thing that helps to save you. (0 comments)
*Study competing listings and what percentage of competing listings had price reductions. My comment is: if less than 20% had price reductions and a normal marketing time period, then market may be stable, normal. If 50%+ had price reductions, then market is slowing, possibly declining.
True or False #7: Days on market (DOM) can be (1 comments)
On 8/28/2008, Bill Cobb, CREA, attended this newly developed seminar, written by Mark Rattermann, SRA & Patrick Carey, SRA. The instructor was Cheryl Kunzler, SRA, out of St. Louis, MO. The specific syllabus of the seminar is outlined below. The location was Ellisville, MS, on Jones Community technology campus that was state-of-the-art. The Sponsor for this seminar was the Mississippi Chapter of the Appraisal Institute, hosted by the wonderful and long-time members of the Mississippi Chapter, Roy & Ann Caves. There's only reason this appraiser (1 comments)