Baton Rouge, LA Real Estate News

By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Sherwood Forest Baton Rouge Home Price Already Correcting After Post-Flood IncreasesI recently completed a home purchase appraisal in Sherwood Forest Subdivision Baton Rouge. Baton Rouge, population 228K (Greater B.R. 804K). Since the mid-1990s, Baton Rouge has experienced rapid residential and commercial development. Location is convenient to schools, employment, and shopping. Sherwood Forest was developed in the 1960s-1970s and is in the maturity phase of Neighborhood Lifecycle. Home sizes range from 1,254 sqft to 7073 sqft, average 2200sf to 2400sf.The following is my report on the home sales trends that took place and the prices paid for these homes from January 2018 to November 11, 2019 Year-To-Date.The increase in Sherwood Forest prices, or the dip and blip upward after 2016, was ...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I'm working on an Azalea Lakes Baton Rouge LA 70817 home appraisal and realize I haven't reported on home sales numbers in quite a while. Azalea Lakes Baton Rouge Home Prices 2019   July 2018 vs July 2019 Azalea Lakes Subdivision Stats: My search was filtered by 11-50 yrs old, 3 bedrooms, 1500sf or less and 1,501 to 2000sf based on the median size Azalea Lakes home is 1,600sf.Median Sold Price: $135/sf, no changeMedian Sold Price: $221,500, +5.5 percentDOM (days on market): 14 days, down 67 percent, was 42 days in July 2018Months Supply of available active listings: 2.6 months, down -3.7 percentMLS Listings Are Selling For 98 percent of listing prices, down -0.6 percentSold Dollar Volume $5,288,200 up 18.7 percent (because prices are up)Pending Sales at 23 are down 4.2 percentClosed sal...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Sometimes house flippers find themselves in over their head when it comes to making the necessary repairs to place a house on the market. Dependable Homebuyers in Baton Rouge now offers the perfect solution for people in those circumstances. Flippers purchase a house with the intention of making repairs and then selling it to make a profit. They often find themselves needing to make repairs that they do not have the expertise for, that they lack the cash for, or that are simply going to require more time than what they have. This results in them looking to just get rid of the house as quickly as possible. Dependable Homebuyers will purchases houses mid-project and take it off the hands of the flipper.“We have found a solution for flippers that have found themselves in over their heads. ...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Dependable Homebuyers in Baton Rouge has announced that they have a solution for active military or veteran homeowners who want to sell their house in Baton Rouge, Louisiana, fast. The reason for wanting to sell their homes fast could be due to military deployment or something else. What Dependable Homebuyers can do is assume the VA loan. This frees the homeowners from having to make the mortgage payments and, of course, they can purchase a new home somewhere else.Dependable Homebuyers owner Evan Roberts says, “We are happy to announce that we have a solution for military personnel and veterans in Baton Rouge who have a VA loan and want to sell their home fast for some reason or another. The solution that we are offering is that we will assume the VA loan so that the homeowners will no ...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Dependable Homebuyers in Baton Rouge has recently announced that they are willing to purchase houses in the area even if they have bad tenants living in them. “We realize that many homeowners are ready to sell their property but have tenants who are uncooperative and that makes it really hard to sell the home. This is where we come in,” says Evan Roberts of Dependable Homebuyers Baton Rouge. The company makes a reasonable offer to homeowners for their property within 24 hours of their initial appointment. They offer a simple solution to homeowners who may feel they are stuck under their home for one reason or another. This is especially true when the home has bad tenants.Many homeowners do not take into consideration all that being a landlord entails. When things do not go as smoothly a...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Dependable Homebuyers has announced that they are currently buying houses that have been damaged due to flooding in the Baton Rouge area. The company has a reputation for buying houses in any condition and closing the deal quickly. Dependable Homebuyers believes that when it comes to selling houses, a homeowner has three options. They can hire a realtor and pay a high commission with the hopes of selling their house. They can seek out someone to buy their home on their own, which can result in waiting a very long time for a solid offer. The other option is to contact Dependable Homebuyers and sell the property to them in as little as seven business days.Previously, homeowners in the Baton Rouge area have only had two options when it came to selling their home. They had the option to hir...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Dependable Homebuyers based in Baton Rouge would like to make the public aware that throughout the months of March until June, the real estate market will be booming in the Baton Rouge area. The beginning of the spring season begins in March in Baton Rouge.“If you have been considering selling your home, now is the best time to contact a real estate agent or place your home on the market via the internet. While different areas result in different markets, with the majority of markets, spring is the perfect time to sell your house,” says Even Roberts of Dependable Homebuyers in Baton Rouge.According to information on the company’s website, the spring season allows the perfect weather for moving into a new home. A survey was recently conducted that concluded that many homebuyers would lik...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, LA- Dependable Homebuyers is encouraging private investors to explore opportunities in residential real estate in Baton Rouge, Louisiana. Evan Roberts, founder and owner of the We Buy Houses company, has written an article addressing disappointments and concerns of a private investor Joseph. The real estate investor is an enthusiast and tried buying properties but has had to deal with many failures. Joseph wrote a post highlighting his disillusionment. Roberts addressed the failures of Joseph and encouraged him and others to seek out opportunities so they can continue investing in real estate for definitive rewards.Dealing in real estate is never easy. The traditional status quo is poised against newcomers. Anyone who has a completely fresh idea and a new way of doing thing...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Dependable Homebuyers has been buying houses in Baton Rouge and across the state of Louisiana for a few years now. The company has been steadily expanding its operations and growing popular. As more people get to know about Evan Roberts and his team, realtors are having a tough time. Dependable Homebuyers is the We Buy Houses company that does not go through realtors to acquire residential properties. With traditional players already trying to tackle the new game with great difficult and lagging, the new Facebook ad of Roberts did not go down well with realtors in Baton Rouge.The new ad simply asked homeowners to fire their realtors. The message should not have created the kind of uproar that it has. The company has always been upfront with their policy of buying houses directly from ow...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, Louisiana – Dependable Homebuyers, located in Baton Rouge, LA made the huge announcement that this past year has been the best by far in the history of the company. They have worked hard and as a result built a reputation as the company people want to deal with when selling their homes in as-is condition. They have outdone the competition by making their clients a top priority. This has allowed them to buy more homes in the Baton Rouge area.The company takes pride in being friendly and approaching their clients with caring attitudes. The various testimonials from previous clients on their website will certainly back this up. Dependable Homebuyers will purchase houses in the Baton Rouge area regardless of the condition they are in or the amount of repairs necessary. In the m...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, LA - As mortgage rates stabilize throughout Baton Rogue LA, the question comes down to what one can do to take full advantage of that. The time to sell has never been better, but the traditional Baton Rogue real estate market continues to be problematic for a number of reasons. Perhaps most of all, it comes down to the fact that placing a home on the Baton Rogue real estate listings can result in a process that takes several months to produce meaningful results. Some homeowners find themselves on the market for years, which makes it difficult to take advantage of things like stabilizing mortgage rates. This process can be learned about further at https://www.youtube.com/channel/UC5AZo6piD9qVOHOrBxKKnCw/about.The challenge then for any homeowner eager to sell is to find a wa...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, Lousiana - Baton Rouge homeowners are about to face a decidedly cooler real estate market than in recent years. This unfortunately translates to the Baton Rouge real estate market shifting from a market that favors sellers, to one that will favor buyers instead. This means that anything short of the finest Baton Rouge real estate listings will find it very difficult indeed to find an interested buyer. This means that homeowners all across Baton Rouge need to understand the alternatives available to them, if selling on the traditional real estate market is an unreasonable goal at the moment.Homeowners in such a situation will want to consider Dependable Homebuyers. This is a national home buying company with a stellar reputation for transparency and good prices, regardless o...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, LA - Both time and money are crucial components of every real estate deal. Homeowners in Baton Rouge, Louisiana, wait for around three months on an average to sell their houses. The wait time is much longer for a majority of property owners. Only the most desirable properties get sold in a few weeks. Even those sellers have to wait for the buyers to get the financing approved. This can take up to four weeks or longer. Innumerable homeowners spend months waiting for their real estate agent to bring around a genuinely interested buyer who will agree to pay the ask price.Dependable Homebuyers has simplified the whole process of selling a house using cash or seller financing. Owners of residential properties in Baton Rouge, Louisiana, can now sell their homes directly to the re...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, LA - Homeowners trying to sell their property now have one more option at their discretion. All homeowners in Baton Rouge, Louisiana, can sell their properties directly to Dependable Homebuyers in Baton Rouge. The nationwide company has been buying houses for many years now. They have a practice of presenting straightforward cash offers. Now they have rolled out a new program that further empowers sellers. The new seller financing opportunity is an installment system that enables property owners to cash in on the equity of their house and get paid by the buyer over a period of time. Dependable Homebuyers' website can be visited at https://dependablehomebuyersbatonrouge.business.site/.The new installment system does not replace the cash offers that the company deals in. It i...
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By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Baton Rouge, Louisiana - Baton Rouge LA homeowners of all shapes, sizes, and backgrounds are finding themselves struggling to make mortgage payments. This is why more and more homeowners are finding themselves standing before a looming foreclosure. Such a situation can create a myriad of problems, which will go well beyond simply losing the home. Dependable Homebuyers, a local home buying company in Baton Rouge, would like to announce their new service that allows homeowners to sell their homes fast and stopping any bank foreclosures on the home.While foreclosure proceeding can be intimidating, it is important for all Baton Rouge homeowners understand their options. For anyone who is still making mortgage payments, but finds themselves struggling to do so, it is imperative for such indi...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Camelot Subdivision Baton Rouge 70816 2018 Home SalesMedian Sales Price: $199,500 Median Sales Price Per Sq Ft: $95/sf Median Size Home Sold: 2,308sf Homes sold for 97% of listing prices. Be careful paying above $96/sf in there.Camelot was developed between 1975 to 1977 with varying styles of homes, ranch being the most common. Home sizes range from 1,932 sq ft living area to 3,695sf, the median size home 2,288 sq ft. This is the Camelot Subdivision Flooding August 2016 Baton Rouge map via the East Baton Rouge Flood Inundation Maps. This map appears to show 19+/- homes flooding in August 2016, homes on Gawain Ave, Percival Ave and Galahad Ave, see map below. This represents perhaps 10% to 15% of the subdivision, so flooding wasn't a major concern for the majority of residents. The neigh...
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By Jason Will, Jason Will Real Estate
(Jason Will Real Estate)
When you talk to Sharran Srivatsaa, you instantly feel like you can change the world. Srivatsaa has the ability to inspire as he gifts his time to not only teach, but uplift each person he comes into contact with. In fact, Sharran gets up at 4:45 every morning to lead an ever-growing conference call that happens at 5 a.m PT every morning, where 1,500+ people join the line and listen to Sharran’s uplifting message or teaching to start their days. If you’ve ever heard the phrase, “I’m not a morning person.” or decided to turn off your alarm clock after multiple rounds of snooze – you can understand Sharran’s dedication to his passion project, the 5 a.m. Club. Srivatsaa is excited to bring the same energy and passion to the Momentum University Conference in April 2019 in New Orleans, LA. S...
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By Jason Will, Jason Will Real Estate
(Jason Will Real Estate)
Listen here >>> http://bit.ly/2OHYTmS Self-proclaimed conference junkie Agent 251 (Jason Will) talks with Cherie Moman, Director of Education, Marketing & Communications for the Alabama Center for Real Estate (ACRE), about the upcoming Momentum University Conference happening April 11-12th, 2019 in New Orleans, LA and why he thinks it's something "different" & needed. Jason shares the origin, mission, reasons for and risks creating a conference of this scale. Hear the roster of national keynote speakers and expert panelists guaranteed to deliver high-value knowledge and inspiration on health and wellness, mindfulness and mindset issues as well as tactical things that are going to help attendees move the needle both in their personal and professional lives. Also, learn how this event is ...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Greater Baton Rouge's Top Selling Zip Codes The “Great Flood” had the impact of raising the tide of most boats so to speak when comparing pre-flood sold prices to post-flood sold prices almost 2 years after. Greater Baton Rouge is a different housing market post-flood!Extensive commentary This is a study from January 1, 2017 to July 10, 2018 of Greater Baton Rouge Top Selling Zip Codes. My curiosity in this number of tables is to discover where Greater Baton Rougeons chose to settle or move since the Great Flood of August 2016. Where’s the marketing moving? Where are buyers choosing to call home? NOTE: A significant amount of flood victims chose to remain and rebuild. And, this data is based on home sales OVER $100,000 to try to eliminate most flood-damaged home sales. http://www.batonr...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Greater Baton Rouge Home Sales Mid-Year 2018 in review infographicWhile 2018 began on a slow note, area home sales have caught up to some extent. NOTE: They are understandably down 7 percent from the abnormal real estate investor purchases post Great Flood of August 2016 in 2017. From 08/20/2016 to approximately 06/01/2017, thousands of flood-damaged houses were sold to investors for rehab and flipping or rehab and turning them into rentals. Total dollar sold volume decreased by only 1%.  When you think about dollar sold volume only decreasing by 1 percent BUT total sales volume decreasing by 7 percent, you see just how high sales price are in 2018.  And, remember that in 2017, there were a lot of investor purchases from $40,000 to $100,000 of flood-damaged properties. The median sales ...
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