Author Archives: Denham Springs Home Appraisers

Nationally, Housing starts in April shoot up 30% over last year | HousingWire “The number of housing starts, or homes beginning construction, hit 717,000 in April, up 29.9% from year ago levels, the federal government said Wednesday. Housing starts also rose 2.6% from March’s revised figure of 699,000 starts and nearly 30% from the 552,000 starts recorded in the same month last year, the U.S. Census and Department of Housing and Urban Development said.”  Read the remainder of this HousingWire article at the link below.  See on www.housingwire.com

via BusinessReport.com, “With 616 sales recorded as of this morning, 20.8% more homes were sold in April across the eight-parish region tracked by the Greater Baton Rouge Association of Realtors compared to the same month a year ago, GBRAR reports. Last April, a total of 510 home sales were recorded.”  Read the remainder at the link below.  See on www.businessreport.com

5 Reasons Why Your House Didn’t Appraise For What You Thought it Should! Excellent Article from my Appraiser Friend Tom Horn in Birmingham AL! Tom helps explain some of the myths in today’s housing markets. I Love These 2:COST DOES NOT EQUAL VALUE!ANDYOUR NEIGHBOR DID NOT TELL YOU THE TRUTH! NO, Cost Does Not Equal Value. Installing Slab Granite Counters in a $300,000 subdivision makes a lot more sense to the market than installing it in a $100,000 first time home buyer market. The $35,000 IG Pool or $18,000 Metal Building on Slab with electricity might be worth only $5,000 Continue reading 5 Reasons Why Your Denham Springs House Didn’t Appraise For What You Thought it Should→

600 Livingston Parish high school students were screened for health problems by the North Oaks Sports Medicine team on Saturday, May 5 at the NOHS campus in …..check out the video!  See on www.youtube.com

LA REALTORS Report On Baton Rouge Housing Market Q1 2012. Greater Baton Rouge Real Estate Trends Report Q1 2012 by Louisiana REALTORS. Some very good news here!  See on www.batonrougehousingreports.com

WATSON via The Livingston Parish News — Shoppers are expected to line up for their first look at the new Walmart store opening here Wednesday morning. This is a detailed article published on April 7, 2012 and requires login to view. “The third Walmart in Livingston Parish will add about 300 new jobs, company officials say. Walmart stores currently anchor the retail economies of Denham Springs and Walker. Sam’s Club, a Walmart subsidiary, is slated for opening in Denham Springs next to the Bass Pro Shops Outdoor World sometime in June.“ See on livingstonparishnews.com

The Christian Science Monitory – Houses are more affordable then they’ve been in decades, and interest rates are low. But a home can turn into a bad buy if you make one of these crucial mistakes.  If you want a new home and can afford it, now is an exciting time to buy. According to the National Association of Home Builders, prices nationwide are the most affordable they’ve been in decades. Interest rates are low. And there shouldn’t be a supply problem – RealtyTrac predicts a lot more foreclosures ahead. Read the remainder at the link below.  See on www.csmonitor.com

Business Report: Steel manufacturer breaks ground on $7M project in Livingston Parish!  Quality Iron Fabricators, a Memphis-based steel manufacturer, broke ground today on the first phase of a 40,000-square-foot fabrication facility and office complex in the eastern Livingston Parish village of Albany. The project is expected to come with a $7 million initial capital investment and create as many as 100 new jobs in the first two years.  Read the remainder at the link below.  Image Source: http://www.qifab.com/education/uofm_studentcenter See on businessreport.com

An all inclusive resource center for Louisiana homeowners. www.lahomeowners.org is your one-stop homeowner shop! See on www.youtube.com

Business Report: Fitch downgrades some Livingston Parish bonds, calls outlook ‘negative’ Citing “continued concerns” over a diminished general fund and uncertainty surrounding a dispute over FEMA reimbursement for debris removal following Hurricane Gustav in 2008—for which Livingston Parish could be on the hook $60 million—Fitch Ratings has downgraded $6.9 million worth of general obligation bonds in the parish from “A+” to “A.” Fitch added that “the ratings outlook remains negative.”……read the remainder below.  MY TAKE: This is not good for financial future of Livingston Parish, THE PARISH that’s supposed to be the fastest growing in the State of Louisiana. Public School funding Continue reading Business Report: Fitch downgrades some Livingston Parish bonds, calls outlook ‘negative’→