Even though home sales are slowing down in the Capital Region, most Real Estate Weekly readers don't forecast a price drop. Forty-five percent of the people who responded to an online survey say they expect home costs to stay relatively the same over the next six months. Seven percent say prices will go up by more than 5%. Twenty five percent of readers say home prices will drop, but by less than 5%, while 21% say home prices will plunge by more than 5%. Two percent are unsure. More than 250 people participated in the survey. Through the end of May, the average sale price of a home in the Capital Region is up 6%, to $204,470, according to figures from the Greater Baton Rouge Association of Realtors Multiple Listing Service.
This week's question: What should Woman's Hospital do with the part of Briarwood Golf Course that won't be taken up by its new medical campus?
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