Wednesday, June 24, 2009
As we have continually tried to let everyone know, the economy in the Greater Baton Rouge area is doing just fine. We were listed as the #8 city to best weather the recession. Then today, the news had an article showing that we are on a list of markets with the best expected performance in home prices over the next 12 months, among area with populations greater than 600,000. This is something I have been saying for months. Although the number of sales is off about 20% overall, the prices for our homes remain steady. It's true if you purchased a home at the height of the Katrina days and want to sell it now, you will probably lose money. But for most of our clients, this is a great time to buy or sell real estate. The Baton Rouge Real Estate market is doing just fine!!