Prairieville Housing Trends: Jefferson Crossing Prices Correct In 2011. Since the Federal Tax Credit Expiration in May 2010, the number of home sales has been on the decline. A recent home appraisal in and analysis of Jefferson Crossing revealed this interesting finding. From 2007 to 2011, the median sales price has continued to decline slowly. From 2007 to 2010, the median sales prices were $313,700, $299,000, $303,500, $338,000 and in 2011 it’s currently $289,000 based only on 5 sales. Again, this is only based on 5 sales in the first 4.5 months of 2011. In 2010, there were 11 Continue reading Prairieville Housing Trends: Jefferson Crossing 2007-2011 Report
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell? Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010” videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting. I thought his explanations were helpful explanations. The visual Continue reading Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?