City of Central Real Estate

10/12/2021

"FEMA calculates that of the 403,978 policies for single-family homes in Louisiana, 20.4% will see a decrease, 78.4% will see a monthly increase of $20 or less. Still, at only a $10 increase, which most would be, that’s $240 more per year or, for me, about a third higher than this year’s premium."

BATON ROUGE, La. -Bureaucracy doesn’t faze Houma Republican state Rep. Tanner Magee. You deal with it, he says, particularly when trying to find temporary shelter for the 10,000 Terrebonne Parish

03/16/2021

Baton Rouge area home sales continue hot streak; See how much they increased in February - The Advocate

"The number of homes sold in metro Baton Rouge was 27.1% higher in February than the year before, continuing a nine-month hot streak of year-to-year double-digit percentage increases in houses sold. There were 943 homes sold in the nine-parish area in February, according to figures released Monday by the Greater Baton Rouge Association of Realtors' Multiple Listing Service, up from 742 sales in February 2020. Record-low interest rates have helped the market roar back after down months caused by the coronavirus pandemic."

The number of homes sold in metro Baton Rouge was 27.1% higher in February than the year before, continuing a nine-month hot streak of year-to-year double-digit percentage increases in houses

08/18/2020

“The No. 1 thing we’ve been asked for is a fourth bedroom or another room that can be used as a home office.”

With record-low mortgage rates, certain pockets of Baton Rouge’s residential real estate market are experiencing a surge in sales activity. What’s more, as people plan to continue working from home, most buyers are looking for their new dwellings to have a couple of key amenities; namely, pools ...

07/17/2020

"A surge of home sales in June helped offset earlier declines triggered by the coronavirus pandemic and put the Baton Rouge area just 1.9% below 2019 levels at midyear. Chelsea Meng, president of the Greater Baton Rouge Association of Realtors, said while fears about the coronavirus pandemic caused sales to slow up in March and April, activity has rebounded. There were 1,243 MLS sales in June, a 21.7% increase over the 1,021 sales in June 2019."

A surge of home sales in June helped offset earlier declines triggered by the coronavirus pandemic and put the Baton Rouge area just 1.9% below 2019 levels at midyear.

06/29/2020

Louisiana's stay-at-home order, from which the state is still gradually emerging, has landed a gut punch on the state 's economy, which has shed jobs, burned through unemployment compensation benefits

03/01/2020

Central Community Housing Market Pulse

This page provides the pulse of two (2) different sets of data:
Central Community as a whole
Central Community New Home Construction

https://batonrougehousing.wordpress.com/central-community-housing-market-pulse/

02/26/2020

"Over the past year, the Baton Rouge metropolitan statistical area saw the second-biggest decrease in home prices among the nation’s top 100 MSAs, according to the most recent House Price Index from the Federal Housing Finance Agency."

Over the past year, the Baton Rouge metropolitan statistical area saw the second-biggest decrease in home prices among the nation’s top 100 MSAs, according to the most recent House Price Index from the Federal Housing Finance Agency. Home prices in Baton Rouge fell 0.2% between the fourth quarter ...

02/05/2020

Central Community Median Home Sales Prices 10-Year Chart

01/24/2020

GBR Home Sales 4th Quarter 2019

A quarterly analysis of the Greater Baton Rouge Real Estate Market.

01/23/2020

Birmingham, AL real estate appraiser Tom Horn share some things to think about when making home renovations in order to get the most bang for your buck.

01/16/2020

Home sales in metro Baton Rouge were 2.2% higher in 2019 than the year before, thanks to a year-end push.