Baton Rouge Tops | Small Markets Leading Way for 2014 Housing Recovery

Baton Rouge

Baton Rouge

Baton Rouge, La., tops the list of major metros on the LMI, with a score of 1.42 – or 42 percent better than its last normal market level. Other major metros at the top of the list include Honolulu, Oklahoma City, Austin and Houston, Texas, as well as Pittsburgh – all of whose LMI scores indicate that their market activity now exceeds previous norms. Read the full story….Small Markets Leading Way for 2014 Housing Recovery

Kristie Scivicque
REALTOR®
KRISTIE & CO
KELLER WILLIAMS REALTY
PREMIER PARTNERS
Denham Springs
Cell (225) 955-5250
Office (225) 664-1911
http://www.PropertiesByKristie.com
http://www.kristieandco.com

*Licensed in the State of Louisiana
*Each Office Independently Owned & Operated

 

Livingston Parish the Next Real Estate Boom | Commercial | Residential

Juban Crossing | Denham Springs La
Juban Crossing | Denham Springs La

The real estate market in Livingston Parish is healthy and growing quickly! Quickly emerging positive growth trends in the retail sector signal a significant increase in already favorable conditions for the area.

The retail market is seeing many new and proposed stores and restaurants for the area. The new Juban Crossing development alone has over 30 new proposed businesses. The proposed stores include: A 14-Screen Movie Theater, Belk’s Department Store, Kohl’s, Academy Sports, Old Navy, Olive Garden, Outback Steakhouse, Zeas, Walk-Ons, Five Guys Burgers and Fries, GNC, Menchie’s Yogurt, Izzo’s, Verizon, Subway, Lens Crafters, CVS, Rouses Supermarket, Hallmark Gold Crown, Rue 21, Cato, Pier 1, Men’s Wearhouse, Bed Bath & Beyond, Ross, Shoe Carnival, Petsmart, Lane Bryant, TJ Maxx, Michaels, Charming Charlie’s, and Carter’s Clothing.

Tractor Supply Co, held their ribbon cutting ceremony on Dec 1. This farm retail business carries a wide variety of products including lawn and garden, hardware, and more. Tractor Supply Co. operates more than 1,223 stores in 48 states. Cavender’s Western Store is also now open at the Riverside Landing-Bass Pro shopping area. Cavender’s is a retail business with high-end Western wear. This retail venture first began in 1965 and now has over 60 stores across Texas, Louisiana, Oklahoma, Arkansas, Missouri and Kansas. Other new retail business in recent months include CVS, Rotolo’s, and more.

Louisiana as a whole and the Baton Rouge area specifically are predicted to see big economic growth in the next coming years. Livingston Parish is projected to be one of the top growth parishes in the state over the next 7 years. It has steadily continued to attract and develop in residential real estate. As the retail/commercial market rapidly steps-up, so will the attraction to the area. The rural setting, waterways, events and great school system are just a few of the reasons that have attracted people to this great Parish for years. With both commercial and residential real estate growth picking up pace, Livingston Parish could be the next big real estate boom!

Juban Crossing Site Plan |Denham Springs La

Juban Crossing Site Plan |Denham Springs La

Kristie Scivicque
REALTOR®
KRISTIE & CO
KELLER WILLIAMS REALTY
PREMIER PARTNERS
Denham Springs
Cell (225) 955-5250
Office (225) 664-1911
http://www.PropertiesByKristie.com
http://www.kristieandco.com

*Licensed in the State of Louisiana
*Each Office Independently Owned & Operated

Forecasts on Home Sales | Time to Buy Baton Rouge Real Estate

http://www.worldpropertychannel.com/north-america-residential-news/home-sales-home-prices-lawrence-yun-national-association-of-realtors-miami-congress-sales-activity-interest-rates-homes-for-sale-new-homes-home-construction-7605.php

The experts agree that home prices are going up in 2014. Listing inventory is decreasing and is at a 13 year low. Added to that the forecasts call for interest rates to rise to around 5.3% by the end of 2014. Given those predictions as well as the industrial growth in Louisiana, if buying a new home is your plan for the Greater Baton Rouge Area, sooner may be better than later.
Read the full NAR Forecast Story Here

Kristie Scivicque

REALTOR®
KRISTIE & CO
KELLER WILLIAMS REALTY

PREMIER PARTNERS
Denham Springs
 Cell (225) 955-5250
Office (225) 664-1911
www.PropertiesByKristie.com
www.kristieandco.com

Mortgage rates drop to lowest level since June | Inman News

Mortgage rates drop to lowest level since June | Inman News

Mortgage rates drop to lowest level since June

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Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program.
“Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year,” said Frank Nothaft, vice president and chief economist at Freddie Mac. “The weak employment report for September added to this expectation.”
“The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August,” he added.
Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of 0.8 for the week ending Oct. 24, down from 4.28 percent last week but up from 3.41 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages, five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans and one-year Treasury-indexed ARMs also all fell.

– See more at: http://www.inman.com/wire/mortgage-rates-drop-to-lowest-level-since-june/#!

Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program.
“Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year,” said Frank Nothaft, vice president and chief economist at Freddie Mac. “The weak employment report for September added to this expectation.”
“The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August,” he added.
Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of 0.8 for the week ending Oct. 24, down from 4.28 percent last week but up from 3.41 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages, five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans and one-year Treasury-indexed ARMs also all fell.
– See more at: http://www.inman.com/wire/mortgage-rates-drop-to-lowest-level-since-june/#!

Kristie Scivicque

REALTOR®
KRISTIE & CO
KELLER WILLIAMS REALTY

PREMIER PARTNERS
Denham SpringsCell (225) 955-5250
Office (225) 664-1911
www.PropertiesByKristie.com
www.kristieandco.com

Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program.
“Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year,” said Frank Nothaft, vice president and chief economist at Freddie Mac. “The weak employment report for September added to this expectation.”
“The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August,” he added.
Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of 0.8 for the week ending Oct. 24, down from 4.28 percent last week but up from 3.41 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages, five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans and one-year Treasury-indexed ARMs also all fell.
– See more at: http://www.inman.com/wire/mortgage-rates-drop-to-lowest-level-since-june/#!
Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program.
“Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year,” said Frank Nothaft, vice president and chief economist at Freddie Mac. “The weak employment report for September added to this expectation.”
“The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August,” he added.
Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of 0.8 for the week ending Oct. 24, down from 4.28 percent last week but up from 3.41 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages, five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans and one-year Treasury-indexed ARMs also all fell.
– See more at: http://www.inman.com/wire/mortgage-rates-drop-to-lowest-level-since-june/#!

Mortgage rates drop to lowest level since June

share this

Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program.
“Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year,” said Frank Nothaft, vice president and chief economist at Freddie Mac. “The weak employment report for September added to this expectation.”
“The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August,” he added.
Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of 0.8 for the week ending Oct. 24, down from 4.28 percent last week but up from 3.41 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.
Rates on 15-year fixed-rate mortgages, five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans and one-year Treasury-indexed ARMs also all fell.

– See more at: http://www.inman.com/wire/mortgage-rates-drop-to-lowest-level-since-june/#!

NEW LISTING IN WATSON, LA #70706 | REAL ESTATE

34860 EAGLE RIDGE DR, DENHAM SPRINGS LA 70706

WHAT A GREAT HOME! Eagle Ridge is a pretty and desirable place to live in LIVE OAK School District! Three bedrooms and two full baths! The living room has a real wood burning fireplace and beautiful wood laminate flooring. The house has neutral colors throughout and lots of natural light. Fully fenced yard with covered patio! Two car garage! No flood insurance required! 100% FINANCING AVAILABLE!

This one WILL Go Fast!

CLICK FOR MORE INFO 

Kristie Scivicque

KRISTIE & CO
KELLER WILLIAMS REALTY

PREMIER PARTNERS
Denham SpringsCell (225) 955-5250
Office (225) 664-1911
www.PropertiesByKristie.com
www.kristieandco.com

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