Author Archives: Denham Springs Home Appraisers

Denham Springs Existing Homes Housing Study March 2011 vs March 2012

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Denham Springs Existing Homes Housing Study March 2011 vs March 2012. Brought to you by Denham Springs Home Appraisers. These are ALL existing homes (detached single family) in the City of Denham Spings as classified in GBRMLS, which includes 70706 and 70726. Median Sold Price by MonthMar-11 vs. Mar-12: The median sold price has not changed   Denham Springs Exising Homes Housing Study March 2011 vs March 2012 Median For Sale vs. Median SoldMar-11 vs. Mar-12: The median price of for sale properties is up 3% and the median price of sold properties has not changed Sold Properties by MonthMar-11 Continue reading Denham Springs Existing Homes Housing Study March 2011 vs March 2012→

Denham Springs New DSF Homes Housing Study March 2011 vs March 2012

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Denham Springs New DSF Homes Housing Study March 2011 vs March 2012. These are ALL new homes (detached single family) in the City of Denham Spings as classified in GBRMLS, which includes 70706 and 70726. Median Sold Price by Month Mar-11 vs. Mar-12: The median sold price is down 3% NOTE: This is contrary to what’s taking place in Willow Pointe Subdivision where sold price per sq. ft. is up $10/sf as a I reported yesterday: Willow Pointe Subdivision Q1 2012 Home Sales Numbers Denham Springs   Denham Springs New DSF Homes Housing Study March 2011 vs March 2012   Continue reading Denham Springs New DSF Homes Housing Study March 2011 vs March 2012→

Willow Pointe Subdivision Q1 2012 Home Sales Numbers Denham Springs

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Willow Pointe Subdivision Q1 2012 Home Sales Numbers Denham Springs. Sold price and sold price per sq. ft. are both up from 2011. Photos in this report were taken with iPhone 4 and Pro HDR app and labeled with PhotoMarkr app.               So far into 2012, there have been 3 GBRMLS sales in Willow Pointe, Average Sales Price $190,333, Median Sales Price $200,000, Average Sales Price Per sq. ft. $112.18/sf, Average 177 Days On Market and Selling For 96% of Listing Prices. In 2011, there were 13 total sales with Average Sales Price $178,577, Continue reading Willow Pointe Subdivision Q1 2012 Home Sales Numbers Denham Springs→

Livingston Parish Home Sales Q1 2012, Pending Listings Up 30%, Median Sales Price Still Down

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Livingston Parish Home Sales Q1 2012, Pending Listings Up 30%, Median Sales Price Still Down Livingston Parish Home Sales Report April 12 2011 Through April 12 2012. While Median Sales Price Continues To Correct Downward, the number of pending listing is up 30% showing pent up buyer demand, which is Good News! Inventory is also down. This is a Q1 2012 or First Quarter 2012 multipage study of Livingston Parish Homes Sales (All GBRMLS Areas, All Sales Price Ranges, All Ages, All Types Of Properties) and includes the detailed sales per month sheets including Median Price, # Units and Average Continue reading Livingston Parish Home Sales Q1 2012, Pending Listings Up 30%, Median Sales Price Still Down→

Denham Springs South Point Subdivision Q1 2012 Home Sales Numbers

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http://www.southpointappraiser.com/ – Denham Springs South Point Subdivision Q1 2012 Home Sales Numbers So far into 2012, there have been 7 GBRMLS sales in South Point, average sales price $135,286, median sales price $130,000, average sales price per sq. ft. $88.36/sf. Observations. Home sales are slower in 2012 with only 7 so far and there were 31 in 2011. The average sold price per sq. ft. is up $5.32/sf. Days on market remains the same at 125 days for 2011 and 2012.   NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, Continue reading Denham Springs South Point Subdivision Q1 2012 Home Sales Numbers→

“I Will Probably Get A Raise Next Year” Is No Way To Plan A Denham Springs Housing Budget

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Wisdom for First-Time Home Buyers What’s the quickest way to turn the American Dream into a nightmare? Buy more house than your CURRENT budget affords. Think a high car note for five years is tough? Try a mortgage payment you can’t afford for the next 360 months. Working with first-time buyers I hear this logic often. Sure we only make 2,000 a month now but next year I will be due for a fat raise. Once we are earning 3,300 a month this note will be a breeze. Like a cynical old billy goat I ask the obvious question…….read the Continue reading “I Will Probably Get A Raise Next Year” Is No Way To Plan A Denham Springs Housing Budget→

Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706

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https://www.denhamspringsappraisers.com/– Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706. Easterly Lakes values aren’t nearly what they used to be and won’t return to post Hurricane Katrina pricing anytime soon! Sales activity is very slow in 2012. However, there are 3 pending or under contract listings. And, a Real Estate Investors not so great a success in Easterly Lakes all below. I’m currently working on Pre-Listing Appraisal where the buyer in 2006 will take a substantial loss selling in 2012. Solds from 01/01/2011 to 12/31/2011 revealed: Average Sales Price: $233,200 Average Sold Price Per Sq. Ft.: $97 Median Continue reading Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706→

Revised FEMA flood maps impact thousands of Livingston Parish home owners

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DENHAM SPRINGS — Despite questions about their accuracy, new federal flood insurance rate maps will go into effect Tuesday, affecting thousands of Livingston Parish homeowners. Many people whose homes have never flooded will be required by their mortgage companies to buy insurance that could cost more than $1,000 a year. Meanwhile, others who have long been required to purchase flood insurance may no longer be required to do so, according to the Federal Emergency Management Agency. Parish President Layton Ricks questioned the accuracy of the new maps, which he said may force many people to buy insurance unnecessarily.  Read the Continue reading Revised FEMA flood maps impact thousands of Livingston Parish home owners→

For Sale By Owner Advice–When Do I Know it Is Time to Hire A Professional?

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These days every penny counts. As the father of four daughters I certainly understand the need to save a buck. Owners who try to sell without representation have my support. If it works out, then good for you. But what if the home lingers? How does an owner decided enough is enough, I’m calling in the professionals! Let’s examine what a professional agency can do for your situation: 1) Security– This is often overlooked. Most “buyers” will find a FSBO from the signs. You would be surprised what sort of people will show up on your door step. Some of Continue reading For Sale By Owner Advice–When Do I Know it Is Time to Hire A Professional?→