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Message

re: Home Sales in BR Decline; LP and AP Increase

Posted on 11/20/14 at 10:24 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 11/20/14 at 10:24 am to
quote:

eventually BR will catch up with the rest of the modern world and start moving back into the city instead to the burbs
I don't think so. The suburban areas around Baton Rouge are not even close to developed on the scale of other suburban areas around the country. As long as the suburban areas develop main traffic arteries that flow better than Baton Rouge, and provide better public schools, they will continue to grow.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 11/20/14 at 10:26 am to
You need to get off a computer and go to the permit offices. I actually work with builders and build myself. I see what goes on in the market and I don't live behind a computer with no life.

Now central is booming and their permit office is separate from EBRP office. They are doing well and I built some nice homes in that area that sold quickly.

Biggest problem in ascension and Livingston parish is finding land DSLD and Dr Horton is not building on. If builders can find affordable land in live oak, Watson, walker, or Denham springs the home is typically sold before it's finished.

EBRP sean at DSLD is building in a few area, level doing some homes, and Alvarez has their developments they build on. These homes cost more typically and typically are slower moving than in Livingston or ascension parish.

I guess you are the building, real estate, and God of all information.

You are just cheerleading for a city that is dieing out and doing nothing to attract families back.
This post was edited on 11/20/14 at 10:28 am
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/20/14 at 10:26 am to
quote:

Upper middle class and older people are looking in the Southern part of EBRP to get away from the crime inside BR


Go check out the sales prices in 70806 and 70808 and get back to me.
Posted by LSURussian
Member since Feb 2005
127310 posts
Posted on 11/20/14 at 10:28 am to
quote:

I actually work with builders and build myself.
I sure hope no one I know buys a house you've been involved in building. The numbers I linked to totally disprove what you spout on here. Your ignorance is unmeasurable.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 11/20/14 at 10:29 am to
I have seen lot prices that why I don't mess with it. Market flooded with homes over $175k to $345k
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67302 posts
Posted on 11/20/14 at 10:29 am to
quote:

Go check out the sales prices in 70806 and 70808 and get back to me.


This. I live in 70806 and prices are going up and up. Realtors used to shun the area because of the crime statistics (the affluent areas share a zip code with much of "Mall City"), but it seems people are really coming back in a big way. The new investments along government street seem to be adding more and more fuel to the fire in that area. If I had the capital, I would be shopping for a duplex or 4 plex in the neighborhood to renovate and start renting out while using the revenues from that to start flipping small starter homes. It's a great neighborhood and it's refreshing to see it coming around like it is.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 11/20/14 at 10:33 am to
I build on the side in California.
I use American crews and can actually frame.
I know how to use a total station and layout my jobs.
My slabs are level where you don't have to shim to frame a level wall.

I don't have to worry about busting up a new slab to move lines.
I also make sure my windows are flashed correctly so I reduce call backs from windows leaking.

Funny I know a lot more than some **** that sits on a computer.

Why don't we solve it and meet me on one of my jobs so you can say I build crap to my face!

Let's get face to face ****!

Hey you can say it on a computer say it to my face ****!
This post was edited on 11/20/14 at 10:36 am
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/20/14 at 10:33 am to
quote:

I have seen lot prices that why I don't mess with it. Market flooded with homes over $175k to $345k


Try 275k to 600k. And they are selling.

And since they are selling that would refute your claim that the upper middle class is moving from BR.
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 11/20/14 at 10:34 am to
Public schools, public schools, public schools...
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67302 posts
Posted on 11/20/14 at 10:37 am to
quote:

Public schools, public schools, public schools...


This. It's amazing to think that the same group that can't afford a $350,000 1600 sq ft house in Southdowns also can't afford $10,000/year to send their children to private schools...

However, for those that can (or don't have kids), there exists a handful of neighborhoods that are rapidly becoming more and more attractive, not just to families, but to real estate investors trying to buy homes to rent out to tenets.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 11/20/14 at 10:38 am to
quote:

In AP the new listings are up.
At the same time the inventory of houses on the market declined at almost three times the rate.

quote:

That means more existing home owners in that parish want to sell, as in LEAVE.
It may be evidence of existing homeowners wanting to sell, but even if it is it does not mean they want to leave AP. They could be upsizing or downsizing within AP. The new listings could also be new construction.

quote:

What's your point because I'm pretty sure you have completely misinterpreted the graphic?
I think it is safe to say that you may have misinterpreted the information provided as well.
Posted by More beer please
Member since Feb 2010
45146 posts
Posted on 11/20/14 at 10:38 am to
quote:

Try 275k to 600k. And they are selling.


Yup. Being built quick and selling even faster.

quote:

upper middle class is moving from BR.


Most definitely not
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 11/20/14 at 10:38 am to
I'd love to live inside of some of the neighborhoods in Baton Rouge, but I'm not paying for private schools when I can still live very close to Baton Rouge and send my kid to a public school and she can still get a very good education. It's money in my pocket.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 11/20/14 at 10:39 am to
Upper middle class is not moving its lower middle class.

I can sell 7 homes in $130k to $175k in hours where I don't sit on paying interest on them.

Upper end of homes you are taking a risk and sitting on them a lot longer. They do sell just not as fast. When you have to pay subs, suppliers, etc you want to get the house sold asap.
Posted by urinetrouble
Member since Oct 2007
20517 posts
Posted on 11/20/14 at 10:40 am to
quote:

Posted by johnnyrocket
I build on the side in California.
I use American crews and can actually frame.
I know how to use a total station and layout my jobs.
My slabs are level where you don't have to shim to frame a level wall.

I don't have to worry about busting up a new slab to move lines.
I also make sure my windows are flashed correctly so I reduce call backs from windows leaking.

Funny I know a lot more than some **** that sits on a computer.

Why don't we solve it and meet me on one of my jobs so you can say I build crap to my face!

Let's get face to face ****!

Hey you can say it on a computer say it to my face ****!



Trashiest post I've read on here in a while.
Posted by TeddyPadillac
Member since Dec 2010
26042 posts
Posted on 11/20/14 at 10:42 am to
quote:

EBR needs to improve school system!!


send your kid to an actual school and go private.

I like what i see, since i'm in LP and getting ready to start looking in BR.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/20/14 at 10:42 am to
quote:

Upper middle class is not moving its lower middle class.


You just said upper middle class is moving from the crime of BR. And I'm telling you they aren't. And the crime issue is overblown.

We've had one car broken into on my street in 5 years. And it was because the car was left unlocked.
Posted by GFaceKillah
Welcome to the Third World
Member since Nov 2005
5935 posts
Posted on 11/20/14 at 10:43 am to
I do not agree with Russian often, but he is 100% correct. The figures you posted do not correlate to your assumptions. You are simply misinterpreting the data.
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 11/20/14 at 10:43 am to
quote:

We've had one car broken into on my street in 5 years. And it was because the car was left unlocked.
Obviously your cherrypicked situation is a good representation of the entire BR metro area.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/20/14 at 10:46 am to
quote:

Obviously your cherrypicked situation is a good representation of the entire BR metro area.


That wasn't the point. But carry on.
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