May 2020

Found 2 blog entries for May 2020.

We made it through the year-long month of April! Let's take a look and see how COVID-19 affected the local real estate market.

ASCENSION PARISH

Average sales prices in April 2020 were 12% higher at $274,466 over the April 2019 average sales price of $244,954. The Sale Price/List Price ratio remained steady at 98.68%. The average days on the market were down by 10 days to 62 in April of 2020 as well. That was the good news. The bad news is that new listings were down 23% while sales were down 24%. April is one of our busiest months. In 2019 we saw 225 homes enter the market in April. There is still a 3.5 month supply of homes on the market in Ascension. Buyers are still in the driver's seat so if you are in the market to sell, make sure that your

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As a Real Estate Agent, I am often asked questions about investment properties. Some see the complete overhaul of a complete dumpster fire in under an hour on television and think, "Hmmm, I can do that!" My response…”Can you??” Not to be Debbie Downer or anything,  but renovating and owning investment properties entails a little more work than you think, and I guarantee you won’t be done in an hour! Here are some things to consider when thinking of getting into the world of investing in real estate.

 

What Type of Real Estate Investing Do You Want to Pursue?

First things first, how do you want to invest? Here are a couple of the most commonly pursued investment types:

  1.         Rental
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