Baton Rouge Real Estate – 2245 King Arthur, baton rouge, la 70816

I have reduced the listing price on my condo to 125,000.00.  This unit is conventiently tucked away off of S. Harrells ferry road and sherwood forest.  FULLY FURNISHED. Seller willing to pay some closing cost with a decent offer. This is a corner unit. 1250 sq ft of living area.  Large closets, fireplace in the living room.


Baton Rouge foreclosures

I am receiving a LOT of calls concering foreclosures in the baton rouge area.  I am not sure if anyone has seen the statistics, but we rank among the lowest in foreclosures.  That being said, since the demand for them is high and the inventory is low it is imperative that if you are searching that you be knowledged on the area that you are searching in so you can move on it IMMEDIATELY.   If you do not…someone else will.  Contact me to sign up for my weekly best buy list.

Tim Houk

www.timhouk.com

Tim@timhouk.com

Monday Monthly Markete Update

Statistics Summaries Report

Category – RESIDENTIAL
Statistics for Entire MLS from
4/20/2009 – 4/27/2009

Category:1
Counties:ASC,EBR,LIV



 

Total

Total List/Total Sold

Avg List

Avg Sold

Avg DOM

Median Price

%SP/LP



Active Today

3686

$995,016,617/ N/A

$269,945

 N/A

156

$199,700

 N/A



Pending

165

$32,422,529/ N/A

$196,500

 N/A

91

$168,500

 N/A

Sold

83

$15,591,301/$15,150,800

$187,847

$182,540

79

$169,900

97%

New

187

$45,074,390/ N/A

$241,040

 N/A

5

$179,900

 N/A

 

–Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified.–
Copyright: 2009 by the Greater Baton Rouge Association of REALTORS® Multiple Listing Service

Baton Rouge ranks high in best cities for jobs list

4 Louisiana cities ranked in the top 30 in Forbes magazine list among the 30 best places in the US for employment.  Baton Rouge finished 27th, while 3 other cities ranked slightly higher.  The report was based on data from the Bureau of Labor. Also interesting to note was that Baton Rouge education related jobs was up 21%!

It appears many college cities topped the list.  I for one am thankful to be in Baton Rouge during this time of economic turmoil.

Tim Houk

Monday Monthly Market Update

Statistics Summaries Report

Category – RESIDENTIAL
Statistics for Entire MLS from
4/13/2009 – 4/20/2009

Category:1
Counties:ASC,EBR,LIV



 

Total

Total List/Total Sold

Avg List

Avg Sold

Avg DOM

Median Price

%SP/LP



Active Today

3682

$993,911,644/ N/A

$269,938

 N/A

156

$199,000

 N/A



Pending

159

$30,729,552/ N/A

$193,268

 N/A

92

$167,000

 N/A

Sold

73

$12,874,850/$12,390,677

$176,368

$169,735

71

$151,000

96%

New

159

$41,013,817/ N/A

$257,949

 N/A

5

$198,500

 N/A

Baton Rouge sales trends for 2008

I attended the Trends seminar in Baton Rouge this morning and will be reporting the results throughout the next few weeks.  What I find most interesting is the state of East Baton Rouge parish.  Overall home sales fell from 5547 to 4,299 units in 2008.  Here is the kicker:  home prices actually rose almost 6%  from 204,532 to 216, 757!  How great is that!  I will be examining other aspects of the report and other parishes so stay tuned for updates!

Tim Houk

Keller Williams Redstick Partners

Monday Monthly Market Update

Statistics Summaries Report

Category – RESIDENTIAL
Statistics for Entire MLS from 4/6/2009 – 6/13/2009

Category:1
Counties:ASC,EBR,LIV



 

Total

Total List/Total Sold

Avg List

Avg Sold

Avg DOM

Median Price

%SP/LP



Active Today

3704

$1,002,182,891/ N/A

$270,568

 N/A

155

$199,000

 N/A



Pending

163

$32,870,180/ N/A

$201,658

 N/A

91

$184,900

 N/A

Sold

47

$8,137,452/$7,843,382

$173,137

$166,880

106

$155,000

96%

New

196

$45,951,954/ N/A

$234,449

 N/A

5

$184,700

 N/A

Louisiana 5th happiest place in the country

Very intersting article in the Business Report this morning states that Baton Rouge, well, Louisiana is the 5th happiest place in the country currently.  They take into account the amount of foreclosures, employment, and other factors.  Its great to live here! Read the Happiness Report

Tim Houk

Mortgage rates for 4/7/2009

We saw a drop in mortgage rates this morning. Turn times for new loans are also getting much quicker then they have been. Hopefully, we will see them ease up a little bit!

Conventional 95%  30 yr. Fixed…..  4.75%

15 yr. Fixed…………………………. 4.5%

FHA  96.5%  30 yr Fixed…………….. 4.75%

15 yr. Fixed………………………….. 4.5%

Rural Development 100% 30yr fixed….5.25%

****all rates include 1 pt org. and assume 740+ credit, on a 15day lock*****

If you are interested in getting pre-approved, call or email me immediately!

Tim Houk

Keller Williams Redstick Partners

Baton Rouge Realtor

225.301.7467