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/

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Buzz: How To Straighten A Photo Free With Windows Live Photo Gallery! In this video, Home Appraiser Bill Cobb shows how he straightened a photo for a blog post.

Windows Live Photo Gallery allows one to share photos and videos online, find the photos you’re looking for and make photos look great! And, it’s FREE!

Windows Live Photo Gallery 2011 Description: “Import photos from your camera, organize them into albums, and edit them so they look their best. Use powerful photo tools to create stunning panoramas, movies, slide shows, and more. When you’re ready to share, publish your photos and videos to your favorite websites like Facebook and Flickr directly from Photo Gallery.” Source: http://explore.live.com/windows-live-photo-gallery?os=other

Actually, I downloaded 6 more plugins that will allow me to upload directly to Twitpic, Facebook, Multiply, Auto Collage, Smugmug and Digital Frame.

http://www.batonrougehomeappraisal.com/ – Baton Rouge Home Appraisal: Westdale Area Home Sales 2010 Update

Solds In Westdale from 1/2010 to 9/28/2010 revealed:
Average Sales Price: $204,983
Average Sold Price Per Sq. Ft.: $128/sf
Median Sold Price: $194,450
Number of Sales: 6 (18 Total in 2009)
Average Number of Days On Market: 80
Low To High: $138,500 to $282,500
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 10, 2 Are Foreclosures
Current Listings Prices: $149,900 To $510,000

NOTE: When I refer to Westdale below, this includes Westdale, Westdale Heights, Westdale Woods and Westdale Terrace. From 1/1/2005 to 9/28/2010, there were 89 total sales from $121,600 to $685,000. The peak of the median sales price took place in September 2007 at $235,000. NOTE: The median sales price has increased by +4.89% since 9/2009.

This data was used with the permission of GBRAR, extracted on 9/28/2010 from 1/1/2005 through 9/28/2010.

Tags: Baton Rouge Estate Minute, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Appraisers, Baton Rouge Realtor, Baton Rouge Realtors

http://www.batonrougehomeappraisal.com/ – Baton Rouge Home Appraisal: Westdale Area Home Sales 2010 Update

Solds In Westdale from 1/2010 to 9/28/2010 revealed:
Average Sales Price: $204,983
Average Sold Price Per Sq. Ft.: $128/sf
Median Sold Price: $194,450
Number of Sales: 6 (18 Total in 2009)
Average Number of Days On Market: 80
Low To High: $138,500 to $282,500
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 10, 2 Are Foreclosures
Current Listings Prices: $149,900 To $510,000

NOTE: When I refer to Westdale below, this includes Westdale, Westdale Heights, Westdale Woods and Westdale Terrace. From 1/1/2005 to 9/28/2010, there were 89 total sales from $121,600 to $685,000. The peak of the median sales price took place in September 2007 at $235,000. NOTE: The median sales price has increased by +4.89% since 9/2009.

This data was used with the permission of GBRAR, extracted on 9/28/2010 from 1/1/2005 through 9/28/2010.

Tags: Baton Rouge Estate Minute, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Appraisers, Baton Rouge Realtor, Baton Rouge Realtors

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.

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.

http://www.batonrougefhaappraisers.com/ – Baton Rouge Housing Market: Remaining Positive When National Housing Isn’t Performing Well! In This Video, TBWS Guys Encourage Us To Remain Positive Into Future.

I’m posting “the guys” video from this morning because we need some good news today regarding the U.S. National Economy! Yes, I understand that the local Baton Rouge market is performing OK into 2010! What we’ve learned in the past few days is that U.S. Real Estate Recovery you’ve been hearing about…..NOT!! Purchase Applications Decline Further In Latest MBA Weekly Survey to a 13 year low, see this!. Although the Tax Credit spurred new home sales, prices still dropped, see article here!. CNN Money reports that home prices fell 3% in early 2010, here! There are major reasons for concern for going forward!

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

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Agents: Shocking Study Of Sellers’ Ways Of Picking Their Agent

Their a new blog post on Active Rain by Bill Cherry describing the results recently published in the April Issue of Texas Realtor. Bill Cherry’s article is here! Here’s a snippet:

“

1.) 62% of home sellers only interviewed one agent before listing their home.

2.) 19% of home sellers talked to three agents before they selected one

3.) 22% were more interested in determining the list price that would make their home competitive than any other service a listing agent would provide.

4.) 1% thought professional designations were important when picking their agent. The other 99% didn’t see the value to be of consequence.

5.) 3% found picked their agent by walking in or calling a real estate office and speaking to the agent who had floor duty at the time they called.“

http://www.batonrougefhaappraisers.com/ – 2009 Baton Rouge Real Estate Reports: Area 43 Gains

With the Fantastic consecutive rounds of positive economic news for the Greater Baton Rouge Economy, the East Baton Rouge Housing Market, more particularly the MLS Area 43, is showing increases in median sales prices.  As the chart below clearly shows, the median sales price continues to increase slowly.  In fact, after appraising in Area 43 in 2009, there appears to be a shortage of homes on the market in the $120,000 to $160,000 price range.

The numbers above were compiled for a recent appraisal in Royal Oaks, but consider the whole of MLS Aarea 43.  The search parameters were 12/01/2007 to present, 1400sf to 1700sf, 16 years old + homes in the $110,000 to $190,000 range.  The Median Sales Price Percentage Increase Since 12/2008 has been +3.33%. Within my appraisal report, I noted a 6 month supply of competing housing on the market, only 5 competing listings and a 97% Listing-To-Sales Price Ratio.  However, in Royal Oaks, the Listing-To-Sales Price Ratio appeared to be higher at 99%, average sold price per sq. ft. $97.56/sf and average days on the market 83 days.

Author’s Bio:

Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values.  A home appraiser with 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Home Appraisal 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

fastvalue2@cox.net

http://www.batonrougerealestateappraisal.com/