Great news: FHA has extended the waiver for their anti-flipping rule until the end of 2014 mainly in an effort to help stabilize real estate prices in areas most affected with foreclosures. In 2003, FHA instituted the 90-day rule to prevent sales where the seller did minimal to no improvement to
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12/17/2012
If you've walked or driven by River Ranch neighborhood in Lafayette recently, you've probably noticed quite a bit of new construction activity. For the past couple of years, activity in River Ranch was on the slow side. This year, however, home sales are up almost 24% in Lafayette parish and buil
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12/07/2012
I don't know about you but I love parties that have purposes and there is one in Lafayette tonight. The fine folks at Pack & Paddle, OluKai Footwear, Freetown Fries, The Green Room and Bayou Teche Brewing are throwing a great party called Pint Night and proceeds from all sales will benefit Louisi
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12/06/2012
Home Sales are up 18% this year in Acadiana compared to last year and they are up almost 24% in Lafayette parish. Wow, what a year we've had! And judging from the number of home sales still pending for this time of year, we will also have a great December. The graph below illustrates the number o
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12/05/2012
I really feel like I am repeating myself. Pending home sales in Lafayette and Acadiana are still very high, even though we are entering the last month of the year, a time when real estate typically slows down. Pending home sales in Acadiana have been hoovering at the 700 mark since March of this
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12/03/2012