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Started By
Message
Home Sales in BR Decline; LP and AP Increase
Posted on 11/20/14 at 8:32 am
Posted on 11/20/14 at 8:32 am
October Home Sales
quote:
The biggest monthly gainer was Livingston Parish, where sales were up 14.7 percent from 109 to 125.
Ascension Parish also had a double-digit gain, with sales going up 10.5 percent, from 114 to 126.
East Baton Rouge Parish, which accounts for the biggest share of the market, saw sales drop by 6.5 percent in October to 348 from 372.
The median home price rose 7.5 percent in October to $183,698 from $170,858, a sign of the continuing strength of the market.
This post was edited on 11/20/14 at 1:25 pm
19
Posted on 11/20/14 at 8:33 am to ell_13
#bettertogether
Posted on 11/20/14 at 8:34 am to ell_13
They'll be back soon enough. It's all cyclical.
Posted on 11/20/14 at 8:35 am to ell_13
eventually BR will catch up with the rest of the modern world and start moving back into the city instead to the burbs
maybe
maybe
Posted on 11/20/14 at 8:40 am to Salmon
quote:
eventually BR will catch up with the rest of the modern world and start moving back into the city instead to the burbs
It's only a matter of time. Plus I hear they have a 95 tap beer bar opening down town.
Posted on 11/20/14 at 8:42 am to TigerWise
quote:BRTIOOC already!
I hear they have a 95 tap beer bar opening down town.
Posted on 11/20/14 at 8:42 am to ell_13
The majority of new BR property development is rental, show us a graphic of how many new rentals opened in BR and what the vacancy rate is.
Posted on 11/20/14 at 8:42 am to TigerWise
Meh. Did the Prairieville thing, now I'm back in BR.
Posted on 11/20/14 at 8:44 am to recruitnik
quote:Because people don't want to be locked in to stay there long?
The majority of new BR property development is rental, show us a graphic of how many new rentals opened in BR and what the vacancy rate is.
Posted on 11/20/14 at 8:45 am to ell_13
There is nothing in your OP that supports your topic's conclusion, fwiw.
ETA: If anything, the graphic shows fewer people in EBR are selling their houses compared to last year. Meaning more people in EBR are staying put, not leaving.
ETA: If anything, the graphic shows fewer people in EBR are selling their houses compared to last year. Meaning more people in EBR are staying put, not leaving.
This post was edited on 11/20/14 at 8:47 am
Posted on 11/20/14 at 8:47 am to LSURussian
Yeah. I made a huge leap, I know.
ETA: Did you see the "new listings" section of the graphic?
ETA: Did you see the "new listings" section of the graphic?
This post was edited on 11/20/14 at 8:48 am
Posted on 11/20/14 at 8:47 am to ell_13
quote:fify
Shocker: Poor People are Leaving EBR for LP and AP
Posted on 11/20/14 at 8:47 am to ell_13
quote:
What conclusion would you come to?
See my edit.
Posted on 11/20/14 at 8:48 am to ell_13
They'll move back when they realize that Guber isn't available out here in the country
Posted on 11/20/14 at 8:49 am to recruitnik
Im currently building a new house in AP but live barely inside of EBR. In the 7 years I've lived in my garden home neighborhood things have slowly been going downhill. People leaving the neighborhood are apparently renting their houses to section 8 trash. The trash stays about 3-4 months then leave. New trash moves in... rinse and repeat. I'm tired of it.
Posted on 11/20/14 at 8:51 am to ell_13
quote:Yes, they are down in EBR. That means fewer existing home owners in EBR are wanting to sell their house.
ETA: Did you see the "new listings" section of the graphic?
In AP the new listings are up. That means more existing home owners in that parish want to sell, as in LEAVE.
What's your point because I'm pretty sure you have completely misinterpreted the graphic?
Posted on 11/20/14 at 8:52 am to LSURussian
And see mine.
Percentage of new listings vs. sales:
EBR: 60.5%
AP: 68.1%
LP: 73.5%
Percentage of new listings vs. sales:
EBR: 60.5%
AP: 68.1%
LP: 73.5%
Posted on 11/20/14 at 8:53 am to ell_13
EBR needs to improve school system!!
Posted on 11/20/14 at 8:53 am to LSURussian
quote:Where does it say that? You're forgetting about new homes built.
In AP the new listings are up. That means more existing home owners in that parish want to sell, as in LEAVE.
Posted on 11/20/14 at 8:54 am to Salmon
quote:
eventually BR will catch up with the rest of the modern world and start moving back into the city instead to the burbs
maybe
unlikely. BR is more Detroit than NYC
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