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The REAL news about the housing market in Louisiana Part 1
We have all be bombard with the terrible national news concerning the housing market.  In fact the local news media has basically regurgitated the same stats and figures the AP disseminates with very little if any local numbers or content included.  In an effort to educated the  Baton Rouge public on the true picture of the housing market in our area; the Greater Baton Rouge Board of REALTORS® teamed up with the Capitol Region Builders Association and Growth Coalition to get the word out. 
Attached you will see the first print product that we hope puts a clearer perspective on exactly where our fair state stands in all of the housing debacle.  As you can see Louisiana is NOT, I repeat NOT, in a down market, in fact we are one of only two states in the country that is expected to show growth in the year 2008.  I think it is important to point out that the comparision used in this campagain are the numbers for the year 2007, not 2006 when Katrina had such a huge impact.  The only figure that is quoted here that would include the Katrina bump is the 30% increase in value over the last 3 years.  If you remove the increase in 2006 ... more

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