The question of year that I have been asked on almost a daily basis: “How’s the Real Estate Market”.  As a real estate professional whose career is based on helping buyers and sellers sell their home I am here to shed some truth on the Baton Rouge real estate market. Baton Rouge’s Real Estate Market is doing GREAT!  An article was printed today in the Baton Rouge Business Report stating that Louisiana banks are strong and homes selling between $150(k)-200(k) are moving. 

I must agree with the Baton Rouge Business Report.  As a buyer if your credit is decent at least a 580 and you have 3% to put down with an FHA loan or 5% down with a conventional loan than you are in good shape.  Long are the days of 100% shady credit lending and this is the way that lending was meant to be.  Some sellers are stressing that we are in a “buyers market” which is true; in some locations.  Sellers wonder how long it will take to sell their home and that there is an abundance of inventory.  Inventory is slightly higher than it was last year; now here is the secret: PRICE, CONIDITION, and LOCATION, LOCATION, LOCATION is what will sell a home in the shortest amount of time. 

I hate to sound so cliché but it’s simply the truth when it comes to real estate.  Just last week I listed 3 homes and all three were under contract in 3 days.  Two of the homes were in mint condition and in a very hot part of town and the other home was priced just right for an investor.  When buying or selling in Baton Rouge call your local real estate expert

Jennifer Dazet Keller Williams Red Stick Realty.

Jennifer Dazet, Baton Rouge’s Real Estate Expert

www.jenniferdazet.com

jenn@jenniferdazet.com

225-362-3739

 

 
This post has been included in Louisiana Real Estate News East Baton Rouge Parish, LA Real Estate News
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1 Comments on Slow market? Don’t listen to the media listen to the PRO!

NOV
05
2008
1 Featured Post

Jennifer,

That is the question of the year and the answer in my market is the same answer you provide in your market as well.  Keep telling the story that your local market is healthy.

By the way, everyone here at Penn State is hoping that LSU beats 'BAMA this weekend.  Crawfish Etoufee' is on us if you guys make it happen.

Tim
1:04pm • #1


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Jennifer Dazet Baton Rouge Real Estate

Baton Rouge, LA

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KELLER WILLIAMS BATON ROUGE

Office Phone: (225) 768-1800

Cell Phone: (225) 362-3739

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Your Baton Rouge Real Estate Expert!, Baton Rouge REALTOR, Keller Williams Realty RED STICK PARTNERS, Real Estate Agent in Baton Rouge, East Baton Rouge Parish, Louisiana, keller williams baton rouge,


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