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re: Home Sales in BR Decline; LP and AP Increase
Posted on 11/20/14 at 10:15 am to ell_13
Posted on 11/20/14 at 10:15 am to ell_13
I wouldn't read too much in the numbers about how people are leaving one parish for another.
For one, "new listings" are any home being put on the market -- could be a 50 year old house, could be put up by people moving for work, or downsizing, or upsizing.
The second is that East Baton Rouge Parish still accounts for most of the sales activity in the metro area. There were more houses sold in EBR in October than there were in Livingston and Ascension combined.
About all these numbers show is that there's a good bit of activity in the local housing market. People are buying and selling, prices are continuing to go up and the homes on the market are moving.
For one, "new listings" are any home being put on the market -- could be a 50 year old house, could be put up by people moving for work, or downsizing, or upsizing.
The second is that East Baton Rouge Parish still accounts for most of the sales activity in the metro area. There were more houses sold in EBR in October than there were in Livingston and Ascension combined.
About all these numbers show is that there's a good bit of activity in the local housing market. People are buying and selling, prices are continuing to go up and the homes on the market are moving.
1
Posted on 11/20/14 at 4:49 pm to timbo
quote:
I wouldn't read too much in the numbers about how people are leaving one parish for another. For one, "new listings" are any home being put on the market -- could be a 50 year old house, could be put up by people moving for work, or downsizing, or upsizing. The second is that East Baton Rouge Parish still accounts for most of the sales activity in the metro area. There were more houses sold in EBR in October than there were in Livingston and Ascension combined. About all these numbers show is that there's a good bit of activity in the local housing market. People are buying and selling, prices are continuing to go up and the homes on the market are moving.
That's way too logical and easy Timbo. They will never agree with you even though it's the best and most accurate post in the thread.
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