FHA Appraisers Baton Rouge » Baton Rouge FHA Home Appraisals

Baton Rouge Real Estate Appraisers Report On 2010 vs 2011 Housing Market

http://fhaappraisersbatonrouge.com — Sat, 09 Apr 2011 19:15:52 +0000

http://www.batonrougerealestateappraisers.net/ – East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report. Report shows an increase in number of home sales over 2010, but significant declines in Average Sales Prices overall. Report includes ALL housing types in East Baton Rouge Parish.

Accurate Valuations Group (Home Appraisals) has completed an analysis of the East Baton Rouge Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below. Click the chart to view in a larger size.

This is a lot of data to report on in one (1) article with “20″ zip codes. A short summary follows:

Number of Home Sales Increased Over 2010! For the number of home sales, only 9 zip codes reported a smaller number of sales. And, Ten (10) Zip Codes experienced more sales in Q1 2011 than in Q1 2010, which is great news for our market.

Average Sales Prices Overall Decline! This is consistent with the CoreLogic report on national home prices falling for the 7th straight month, as reported on Thursday, April 7, 2011. Thirteen (13) of the 20 Zip Codes showed declining average sales prices versus only Seven (7) showing increases. Local home prices are continuing to correct.

Average Sales Price Per Square Foot Overall Declines! This is consistent with the CoreLogic report. Fifteen (15) of the 20 Zip Codes showed declining average sales prices per sq. ft. versus only Seven (5) showing either no change or just slight increases.

Biggest Gainers. Zip Code 70807, the Scotlandville market, showed a 450% increase in number of home sales. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +5.6% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district.

Largest Declines. Zip Code 70820, the market below LSU off Brightside, showed a -35.3% decrease in number of home sales. Zip Code 70802, the market in and around Central Business District, showed a -33.4% decline in Average Sales Prices AND -30.2% decline in Average Sales Price Per Sq. Ft..

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Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

Greater Baton Rouge BPO Appraisals, Appraiser Assisted BPO & AVM Alternative 225-293-1500

http://fhaappraisersbatonrouge.com — Sun, 30 May 2010 15:20:14 +0000

http://www.batonrougebpoappraisals.info/ - Home Of The Greater Baton Rouge Similar Sales Desktop Valuation Reports (SSDVR) – Compliant With USPAP & Fannie Mae & Freddie Mac, 225-293-1500

Welcome To The $100. 00 Greater Baton Rouge Comparable Sales Reports! Greater Baton Rouge Comparable Sales Reports Is A Desktop Appraisal Service Performed By William D. Cobb with Accurate Valuations Group, Serving East & West Baton Rouge Parish, Northern Ascension Parish and Western Livingston Parish. William Uses An Approved Fannie Mae & Freddie Mac Appraisal Form (SSDVR) To Complete This Report.

What Is An SSDVR Report? A desktop appraisal report conducted by Louisiana State Certified Appraiser, William D. Cobb, CREA, License #R0851. Bill will drive-by the home being appraised, rely upon the physical data the client provides, research the MLS database, select the 3 most similar and competitive sales/comps and render a value opinion.

Baker Louisiana FHA Appraisers: 2010 Housing Market Observations

http://fhaappraisersbatonrouge.com — Thu, 15 Apr 2010 02:14:06 +0000

http://www.fhaappraisersbatonrouge.com/ – Baker Louisiana FHA Appraisers: 2010 Housing Market Observations

There’s some good news for the Baker housing market! A segment of the Baker market is now increasing in median sales price from the March 2009 period, see charting below. The parameters of the GBRAR MLS search included homes from $70,000 to $135,000, 16 years old plus, 3 bedrooms in 70714 zip code – data extracted on April 14, 2010.

Why I stated “some good news”. For the home I appraising at approximately 1,300sf, there were 33 competing listings, indicating an oversupplied market. And, since April of 2008, previous 2 years, 20% of solds in MLS were REOs or foreclosures (20 REOs out of a total 102 comparable sales). Baker was one of the markets that investors took advantage of immediately after Hurricane Katrina buying low and selling very high. This resulted in a series of foreclosures within the Baker market dating back to 2007.

Tags: Baker Louisiana Real Estate, Baker Louisiana Real Estate Appraisers, Baker Louisiana FHA Appraisers, 70714, Baker Louisiana Homes, Baker Louisiana Housing

FHA Appraisers East Baton Rouge 2009 Housing Market Report

http://fhaappraisersbatonrouge.com — Wed, 30 Dec 2009 05:48:03 +0000

http://www.fhaappraisersbatonrouge.com/ – FHA Appraisers East Baton Rouge 2009 Housing Market Report

In this video, FHA Appraisers East Baton Rouge Report on some good news for the Greater Baton Rouge Housing Market – Baton Rouge Makes Best of 2009 Housing Markets To Rise In Future!

Tags: baton rouge, Baton Rouge Estate Appraisers, baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge realtors, Denham Springs, Denham Springs Appraisers, Denham Springs FHA Appraisers, Denham Springs Real Estate, Greater Baton Rouge, East Baton Rouge, FHA Appraisers Baton Rouge

Baton Rouge Real Estate Fourth Quarter 2009 Update, Part 2

http://fhaappraisersbatonrouge.com — Tue, 29 Dec 2009 19:28:47 +0000

http://www.fhaappraisersbatonrouge.com/ – Baton Rouge Real Estate Fourth Quarter 2009 Update, Part 2 By Greater Baton Rouge Area Home Appraiser, Bill Cobb. Bill reports on both positives and negatives for the local housing market as reported in Business Week, Baton Rouge Business Report, First American CoreLogic and USA Today!

Baton Rouge Real Estate Fourth Quarter 2009 Update, Part 1

http://fhaappraisersbatonrouge.com — Tue, 29 Dec 2009 19:27:02 +0000

http://www.fhaappraisersbatonrouge.com/ – Baton Rouge Real Estate Fourth Quarter 2009 Update, Part 1 By Greater Baton Rouge Area Home Appraiser, Bill Cobb. Bill reports on both positives and negatives for the local housing market as reported in Business Week, Baton Rouge Business Report, First American CoreLogic and USA Today!

Baton Rouge Real Estate Video: Sedona Pines Update 12/2009

http://fhaappraisersbatonrouge.com — Tue, 15 Dec 2009 05:58:29 +0000

http://www.fhaappraisersbatonrouge.com/ – Baton Rouge Real Estate: Sedona Pines Update 12/2009. Where’s The Sedona Pines Market Direction: Up or Down?

From the http://www.sedonapines.net website:

“Located in East Baton Rouge. Starting in $120s. 1,100 – 1400 square feet.

Builder pays $3,000 towards buyer’s closing costs
Lease purchase available, seller will assist you
Most affordable new home in Baton Rouge
Decorated Model and Sales Center
Open Floor Plan with Ceramic Tile, Custom Cabinets, Walk-In Closets and Computer Desk
Homes ready for you to personalize with our interior designer
Come by and tour the home, have a cold drink and a snack and we will have the Plasma TV on your favorite station
A Lender will be there to answer any qualification questions you may have
Let us help you in a comfortable environment of our model home, that can be yours!”

An MLS CMA of this Subdivision from 1/1/2008 to 12/31/2008 revealed:
Average Sales Price: $155,758
Average Sold Price Per Sq. Ft.: $112.86/sf
Median Sold Price: $156,025
Low Sales Price: $152,800
High Sales Price: $157,900
Average Number of Days On Market: 19
Number of Sales: 6

An MLS CMA of this Subdivision from 01/01/2009 to 12/14/2009 reveals:
Average Sales Price: $158,900
Average Sold Price Per Sq. Ft.: $112.42/sf
Median Sold Price: $159,900
Low Sales Price: $155,900
High Sales Price: $159,900
Average # of Days On Market: 26
Number of Sales: 4

Therefore, based on the median sale price barometer within Sedona Pines shows the market direction is increasing from $156,025 in 2008 to $159,900 in 2009.

CURRENT LISINGS: Currently, there are 4 Listings, 2 Active and 2 Pending. Listing Prices are from $144,900 up to $159,900.

Certified FHA Home Appraisers in the City of Baton Rouge

http://fhaappraisersbatonrouge.com — Mon, 30 Nov 2009 13:56:01 +0000

http://www.fhaappraisersbatonrouge.com/ – Certified FHA Home Appraisers in the City of East Baton Rouge

Office: 225-293-1500 or 1-888-678-3544

Fax: 1-866-663-6065

Staff Email: fastvalue2@cox.net

Bill Cobb, Accurate Valuations Group Appraiser, has operated as a home appraiser for 18 years now primarily in the Greater Baton Rouge, Louisiana market. Bill performs Conventional, FHA and RD/Rural Development home appraisals. For more information on Accurate Valuations Home Appraisal Group, visit FHA Appraisers in East Baton Rouge, West Baton Rouge, Ascension & Livingston Parishes.

Our Service Areas: All of East & West Baton Rouge, Western Half of Livingston Parish (Denham Springs, Walker, Watson & Livingston) and Northern Ascension Parish (Prairieville, Gonzales, Geismar, Saint Amant, Sorrento)

Certified FHA Home Appraisers in the City of Baton Rouge

http://fhaappraisersbatonrouge.com — Mon, 30 Nov 2009 13:55:57 +0000

http://www.fhaappraisersbatonrouge.com/ – Certified FHA Home Appraisers in the City of East Baton Rouge

Office: 225-293-1500 or 1-888-678-3544

Fax: 1-866-663-6065

Staff Email: fastvalue2@cox.net

Baton Rouge In Top Ten Housing Markets For Third Quarter 2009

http://fhaappraisersbatonrouge.com — Thu, 26 Nov 2009 15:45:14 +0000

http://www.batonrougerealestateappraisal.com/ - Greater Baton Rouge In Top Ten Housing Markets For Third Quarter 2009

Local Market Monitor Announces Release of Third Quarter Home Price For Largest US Markets, article here! Here’s a snippet:

“According to the forecast, among the largest US markets—identified as those with populations greater than 600,000—the 10 markets with the best expected performance in home price are:

Baton Rouge, LA
Buffalo-Niagara Falls, NY
Columbia, SC
Dallas-Plano-Irving, TX
Fort Worth-Arlington, TX
Houston-Sugar Land-Baytown, TX
Little Rock-North Little Rock-Conway, AR
Omaha-Council Bluffs, NE-IA
Pittsburgh, PA
San Antonio, TX
Syracuse, NY

These top markets, where home values are expected to remain level, are among those markets that did not have a big housing boom and have had relatively small job losses over the past year. Home prices in these areas are generally below the US average and reflect where the recession has so far had a relatively mild impact. Dallas, San Antonio and Omaha have all experienced a 1.6 percent job loss over the past year, and jobs have actually increased in Baton Rouge.”