Tim Houk

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

Custom designed by Mark Mathews, AIA, Architect.
Enter this New Orleans style home to brick arches and
antique pine beams, antique pine floors, and custom
McArthur fireplace. Granite in all baths and kitchen,
even in utility room! Kitchen has gourmet stainless
appliances including Thermador range, pot filler, and
cypress cabinets. Large keeping room has a fireplace
and the entire area has slate floors. There is a home
office center just off of kitchen. Very functional triple
split floorplan. Master bedroom has antique pine floors
with adjoining luxurious bathroom with multi-head
custom shower and Jacuzzi tub. There is a huge “bonus
room” above the garage large enough for a pool table
or media room. There is a “mud’ area by back door,
with storage for everyone’s daily baggage. Home is
pre-piped for central vacuum system and has Control4
Smart Home System with audio zones, lighting and air
conditioning controls through remote or touch pad.

Attending a Michael Tritthart class at the Keller Williams Baton Rouge office.  FANTASTIC!  Any Keller williams agents that are following this article that are interested in updating and maximizing their Keller Williams website feel free to contact me and I will give you the rundown.

Tim Houk

NOW!!!

Todays market is volatile and a lot of homeowners are trying to dump their property due to  a poor economy heightened by the media.  We are seeing short sales and foreclosures increase.  Although this will continue to drive down prices, you should act NOW to reap the benefits.  Theoretically when will we see the bottom of the price curve?  Who knows.  But even if we do realize WHEN that is, will the rates be what they are today?  Will lending guidelines change?  Thats why TODAY is the answer to that question.  Prices are coming down, rates are fantastic.  So if you can afford to do so I would suggest giving me a call today to see what kind of deals we can find for your personal home or investment property.  FHA has increased the amount they will lend up to 271,000.  And if you are outside of East Baton Rouge parish 100% financing is still available.  But there are many homes that are of great value inside the city.

Call me for a consultation or if you want to hear more on my take of our market!

Tim Houk