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The average age of US homebuyers is rising, but what about in Louisiana?
U.S. homebuyers are getting much older, according to a recent University of California, Berkeley study.
As Axios reports, homeownership is most delayed in California, where...
Here’s how low mortgage rates and borrowing costs are now
The average long-term U.S. mortgage rate retreated for the ninth consecutive week to reach its lowest level since May.
Barclay House senior living property sells for $29M
The Sunrise at Siegen assisted living property has been sold to an Ohio-based investment group.
Nearly 13 acres off Pecue Lane sold to pair of investors
Nearly 13 acres off Picou Lane, near Interstate 12, was sold to a pair of investors for $1.15 million in a deal filed earlier this week with the East Baton Rouge Parish Clerk of Court. The land runs along the railroad tracks in that area.
Medical building in Zachary sells for $8.6M
The first phase of the Sullivan Medical Office Park has been sold to a Minnesota-based health care real estate investment group.
Local real estate online platform Falaya expands reach to Texas
Baton Rouge’s Falaya, an online home-selling platform previously known as Unlock’d, has expanded into Texas.
Queen of Sparkles is moving to Perkins Road
The Baton Rouge-based clothing and accessory brand Queen of Sparkles is moving to Perkins Road in the former Tuesday Morning space.
Contractors are currently working...
Cold front continues for Capital Region housing market
Following national trends, the Capital Region’s housing market is continuing to cool amid lowering inventory, elevated sales prices and high interest rates.
City-parish buys shopping center by airport as part of $54M project
East Baton Rouge City-Parish bought the shopping center at the corner of Plank and Hooper roads on behalf of the neighboring Greater Baton Rouge Airport District as part of a $54 million airport and traffic project.
Mortgage rates dip below 7% for the first time in months
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely...
Facilities Maintenance Management buys former Hancock Whitney building
Denham Springs-based Facilities Maintenance Management, a full-service maintenance and construction company, will renovate the former Hancock Whitney Bank Denham Springs operations center as its new headquarters.
Property near Amazon fulfillment center sells for $2.4M
A 19-acre property off Tom Drive near the former Cortana Mall site has sold for $2.4 million.
Alvarez Construction buys lots for Woodstock Park
Alvarez Construction has purchased 13 lots for the final phase in the Woodstock Park subdivision.
How lowering mortgage rates could change the US housing market next year
Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home loan to remain above 6%.
Windy Gladney’s commercial plans for Burbank recommended for denial
Planning staff members are recommending that the East Baton Rouge Parish Planning Commission deny local developer Windy Gladney’s proposal to develop some 33 acres off of Burbank for commercial use.
DR Horton buys lots in Baker subdivision
National homebuilder DR Horton has purchased 20 lots in the Sunshine Gardens subdivision in Baker.
Baton Rouge office sales volume remains on a downward path
The volume of office sales in the Baton Rouge market continues to fall, with the trailing 12-month volume dropping some 22% last month.
Housing prediction forecasts continuing declines for Baton Rouge market
National real estate experts are predicting Baton Rouge will see the third-highest decline in sales growth in the nation next year.
Home prices in Baton Rouge increasing slower than national average
While the average sales price of homes in the Baton Rouge area has been going up, prices are not rising as rapidly in the Capital Region as they are in the rest of the country.
Capital Region housing market continues to tighten
The Capital Region housing market is continuing to tighten, following national trends.
