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
jenn@jenniferdazet.com
225-362-3739
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