home values in monroe: Monroe Housing Market Continues to Appreciate - 07/12/11 03:45 AM
As reported in the News-Star this week, home prices in the Monroe Metropolitan Statistical Area grew about 3 percent in 2010. According to the Federal Housing Finance Agency, this was the second best average change in the nation. 
Other housing market research sites like Local Market Monitor and Housing Predictor listed Monroe as one of the Top 10 markets in the U.S. In fact, Housing Predictor had this to say about the Monroe market:
"As national trends disintegrated into rising foreclosures and a more troubled economy, in the northern reaches of Louisiana, Monroe has held its own as a huge … (0 comments)

home values in monroe: Monroe's Stable Housing Market UP Dramatically! - 01/04/10 12:38 AM
News about northeast LA keeps getting better and better! Tucked away from the hustle and bustle of any big city, the Monroe, LA, area is showing people from other parts of the US that living in a small town is still something folks want in America.
Housing in Monroe, West Monroe and other parts of northeast LA continued to be the strongest market in the state and among the strongest in the US during the third quarter of 2009.  In fact, Q3 2009 sales in the Monroe area market were up 21.6% over the second quarter and up a whopping 53.9% over the … (2 comments)

home values in monroe: Summer Home-Buying Season in Monroe & West Monroe, LA - 09/09/09 04:18 AM
You probably know by now that I like to keep up with the real estate market in Ouachita Parish. After all, that's my JOB!  I want to know how we're doing. The news from every media source will lead you to believe that the housing market is terrible, but that's not the case in Monroe, West Monroe, Calhoun, and Sterlington.
Let's compare the summer selling season in 2009 to 2008, specifically the months of June, July & August.


From these numbers, you can see that houses have stayed on the market for 9 days longer (DOM), but more houses have … (0 comments)

home values in monroe: What's the market like in West Monroe and Calhoun, LA? - 08/19/09 08:23 AM
West Monroe / West Ouachita Housing Market Update August  19, 2009   
How many homes are for sale in West Monroe, LA 71291?  
As of Aug. 19, 2009, there are 283 homes listed for sale west of the Ouachita River in Ouachita Parish. The average listing price is $187,792.  The majority (176) are 3-BR homes; 66 homes have 4-BRs.
How fast are West Ouachita homes selling and how much are they selling for?
From May thru July, 155 homes have sold on average for $158,169. Prices varied, but statistics show that homes sold for 96.5% of the listed price and stayed on the market for 121 days before … (0 comments)

home values in monroe: The Strongest Housing Markets. Yes, MONROE Makes the List! - 06/22/09 08:14 AM
By Louis Jones, Kiplinger's Personal Finance May 2009
TEN CITIES WITH RISING HOME VALUES
Think that no real estate market is safe? Believe it or not, there are cities where home values have held their own. Their economies are well diversified, and their population growth has been slow, keeping unemployment low and speculative building to a minimum.
Check out Monroe LA, one of 10 cities that have seen an increase in median home value. Change in median home price is from the fourth quarter 2007 to the fourth quarter of 2008, which is the most recent data from Fiserv Lending Solutions, a home-price … (0 comments)