Real Estate Blog

real estate agent meeting with middle aged couple

So you are ready to start thinking about purchasing a home. Exciting! But wait, how will you get to see the homes that you are interested in? Who will write the contract for you? Who will help you with negotiations and repair requests?

A Buyer’s Agent

Your fantastic buyer’s agent will! What is a buyer’s agent, you ask? A buyer’s agent is a licensed real estate agent that will represent you and only you. Not you and the seller. (That’s a dual agent and we will talk about that later)

How Do I Find A Buyer’s Agent?

Great question! Chances are you probably know a handful of real estate agents in the Greater Baton Rouge already. Start there. These are people you know, like, and trust already. If you don’t know one already, do a quick google

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Spring Time showings bring summer closings!

Ascension Parish Market Stats

In May of 2019 Ascension Parish saw an average sales price of $260,503. This is an increase of 4% over May of 2018. Sellers saw their listings stay on the market 34 days longer than last year even though 34% more of the homes listed in 2019 sold than in 2018.

East Baton Rouge Parish Market Stats

In May of 2019, East Baton Rouge Parish saw an average sales price of $260,425. This is an increase of 2% over May of 2018. There was a 10.8% increase in total sales but the sellers were only able to walk away with 96.47% of their sales price which is 1% less than last year.

Wrap Up

We have noticed that buyers are demanding that homes be in tip-top shape. Gone are the

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… And I Have No Home Shopping Privacy

If you have ever felt this way when viewing homes with your agent, you probably were being watched by the sellers. Your audio may have been recorded as well.

With the popularity of doorbell cameras and whole-home security cameras, sellers are watching your every move. Some sellers will watch for you to walk up to the front door and then unlock the door remotely. They know exactly how long you were there and if your agent left before you did. Yes, we have had sellers call to let us know it was very unsettling that the agent left before the potential buyer because the buyer sat in the driveway for a while after the agent had already left.

Inside the home, the security devices are not as easy to spot as

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Ascension Parish Market Stats

In April of 2019, Ascension Parish saw an average sales price of $244,867 in their detached single-family homes. This was down a slight 2% from April of 2018 which brought $249,813.
We found it really interesting that last year 68% of the listings that came on the market sold, whereas this year 79.91% of them sold. Also, those that did sell were on the market for 11 days longer than last year. 
Sellers were still able to get 98.6% of their asking price so good news there for sure! 

East Baton Rouge Parish Market Stats

In April of 2019, East Baton Rouge Parish saw an average sales price of $255,599 in their detached single-family homes. This was up again 3% from April of 2018 which brought $247,240. 
The biggest

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Welcome to our new Market Report format. We certainly hope you like it and find it a bit easier to decipher. 
Sometimes us number geeks get way out into the weeds. Sorry about that!

Ascension Parish Market Stats

In Ascension Parish in March of 2019 the average sales price was $265,680 that was up 8% from March of 2018. This is really good news for sellers! Return on Investment baby!

What was particularly interesting to us was that in March of 2019, only 198 homes were listed vs. 247 in March of 2018, yet both years 73.2% of those homes sold. That would indicate a dip into the inventory and is solidified by the fact that the days on the market in the sales in March of 2019 was 92 days vs. 62 in March of 2018.

East Baton Rouge Parish

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A licensed home inspector will give you detailed information about the overall health of the home. The home inspection will include an in-depth, unbiased look at your potential new home. Here are a few things you should know.

inspector looking at flooring in baton rouge home

  1. Every home should be inspected
    Otherwise, you are relying on the seller to inform you of any deficiencies the home may have. In many cases, the seller isn’t even aware of these deficiencies. This includes new construction. Remember, humans, are still building houses. Mistakes happen.
  2. You hire the inspector
    Your real estate agent will have recommendations of inspectors they use consistently. It is still your right to choose and hire the inspector.
  3. It takes more than 30 minutes
    A typical home inspection of a 2,000 sq ft
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February 2019 Market Stats

We feel like it rained the whole month of February! Let’s see if that affected the real estate market.

ASCENSION PARISH
In February 2019, 176 detached single family homes were put on the market with 156 of those homes selling. Those homes had a median sales price of $228,627 and saw an average of 76 days on the market. Sellers were able to get 97.7% of their asking price.  That is about .5% down from last month.

This leaves us with 570 homes on the market in Ascension Parish with a median list price of $279,449. There is 3.4 months worth of inventory available. It’s very interesting that last February there were only 116 homes that sold. Looks like we are headed back toward a seller’s market!

Fun Search: Check out the

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January 2019 Market Stats

It’s a brand new year in a new buyer’s market. Let’s see what January brought us.

ASCENSION PARISH
Median Sales Price in Ascension was $257,100. That was quite a jump from December! There were 100 detached single family homes sold and 92 of them were split equally between 3 & 4 bedrooms. In January, the homes that sold were on the market for 87 days vs. the 65 days in December. Sellers were still able to walk away with 98.2% of their asking price.

This leaves us with 624 homes on the market in Ascension Parish with a median list price of $280,025. There is 6.4 months worth of inventory available which definitely puts them in a buyer’s market.

Fun Fact: Check out the homes in Ascension Parish that are on the market for

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What does getting a "deal" on a home purchase mean to you?

Now that we have begun to enter into a buyer's market I have been hearing many prospective buyers talk about wanting to get a "deal" on their purchase. What exactly does that mean to you? Let's explore some of the "deal" options you may encounter.

Price

This is the first thing most people think of when they think of getting a deal in real estate. They want to know that they purchased a house for far less than not only the appraised value but less than fair market value. In reality, these types of deals just happen when there is a foreclosure that has occurred or possibly someone that has a lot of equity that needs to sell quickly to keep for losing the home or has had a drastic life

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December 2018 Market Stats

ASCENSION PARISH
Median Sales Price in Ascension was $239,850. That is a little drop from November but still higher than December of 2017 then the median sales price in Ascension was $224,500. In November, the homes that sold were on the market for 65 days vs. the 69 days in December. Sellers were still able to walk away with 98.25% of their asking price. There seems to have been a little push to buy before the end of the year because our inventory dropped to only 3.93 months from the 4.5 months of inventory we had in November.

This leaves us with 614 homes on the market in Ascension Parish with a median list price of $275,000.

Fun Fact: Check out the homes in Ascension Parish that are on the market for over $1,000,000

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