Good news!
Baton Rouge is ranked 10th nationally for cities that are recovering from the recession. The list was compiled using labor and housing statistics. To read the full list at Forbes click here.
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
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
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
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
Yaaaaay! For the second month in a row, Keller Williams Redstick Partners is the number one real estate office in Baton Rouge! This just goes to show great training, motivation, and hard work pay off when things are slow. There may be a recession going on, but there is definitely real estate out there to be bought and sold. Not to mention some great deals are hitting the market every day. Feel free to use my new search funtion at beautiful baton rouge homes site to do your search!
Tim Houk
Keller Williams Redstick Partners
New listing coming up on blackwater road in central, la. Gorgeous piece of land with live oaks and azaleas galore. More details to come soon!
3 bedroom 2 bath home with LOTs of charm. Charming home in the heart of the Garden District. Right across the street from Circa 1857 and the new elementary school on Government St. Home needs some repairs, but is a short sale and can be negotiated. The property is 2100 sq ft and listed at $84.00 a sq ft . Homes in this neighborhood sell anywhere from 125-160 a ft! Call me today for a showing. MLS #b08204949
In an interesting piece of news, foreclosures are down 23% statewide. Compared to 28% increase nationwide, we are faring quite well! While I personally don’t think we have seen the worst of it yet, in Baton Rouge and surrounding areas, it is a good sign that our market won’t be overwhelmed - hopefully. I do hear that we will begin to see a lot of incomplete homes coming on the market from builders and contractors who are are behind and carrying too much inventory. I also see a lot of investment property coming available as well. Investors this is the time to move.
Read the article here
Tim Houk
