Tim Houk

sold residential properties over the last quarter.

Residential sales over the past quarter

Located in Avalon Subdivision, this home is a LOT For the money. Almost 2100 sq ft living.  4 bedrooms, 2 baths, corner lot. Located off of Millerville close to interstate 12, shopping, dining, and more!  Call me today to make this your home. View more pictures as my website timhouk.com

2100 sq ft of living for 185000!

Wow.  What an amazing few months in real estate in Baton Rouge and surrounding areas.  Properties are flying.  First time homebuyers are on full steam ahead!  I worked with no less than 6 new buyers over the past week who are looking in the 130-160,000 price range.  But it isn’t just the first time homeowners are on the move suprisingly.  Lots of investors and buyers in the 300,000 range are taking advantage of the phenomenal rates and increased supply of homes.  Rates were in the 4.85 range last week!  Now is the time to buy. If you are even remotely interested in a home right now CALL ME.  225.301.7467.  I would love to discuss options and give a more detailed update on the Baton Rouge housing market.  Search for homes at my website Tim Houk

Thanks and have  GREAT day Baton Rouge!!!

From the Baton Rouge Business Report:

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