Tim Houk

From the Baton Rouge Business Report:

Baton Rouge home prices were up 2.4% in March, compared to the year before, another sign of market stability in the wake of a national housing downturn. The modest increase was a little worse than the February numbers from First American CoreLogic’s Home Price Index. In February, Baton Rouge home prices were 4.14% higher than what they were in February 2008. Nationally, home prices were down 11.5% in March when compared to the year before. In Louisiana, home prices were up 1.76% in March, the third-highest appreciation rate in the nation. Only West Virginia (7.45%) and South Dakota (1.95%) were higher. First American bases the HPI on public records sources such as property sales, tax assessments and mortgage filings. First American notes that 44 states had price declines in March, compared with 30 the year before, and the number of states posting double-digit price drops went from seven in March 2008 to 14 in March 2009. First American notes that U.S. home prices, which peaked in July 2006, have fallen more than 22% and are at their lowest point in five years

Deal of the week!

866 s burgess, baton rouge, la 70816 225-301-7467

There’s more than you expect in this 4 bedroom 3 bath home with over 2300 sqft of living. Be surprised by the size of the master suite that includes a glass walled walk-in shower, double vanity, walk-in closet and a full attached sitting room. Attached to the sitting room in a computer nook that is wired for everything. (As are most all of the rooms) Enjoy both a dining room & a breakfast area. Enjoy both a living room and a den. There is enough room to make this home very livable. The floor plan is split with the Master to the rear and the other 3 bedrooms to the other side of the house. Bedrooms 2 & 3 share the hall bath and bedroom 4 has its own bath with tile shower. Don’t miss the huge screened in back porch & fenced backyard. Note the metal doors with insulated windows, the tile & wood laminate floors, & the size of the utility room. This home needs some TLC but is a great value if you need lots of space on a nice street just off of Goodwood.