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Jeffrey Welsh & Carol Poche's,

TheKeyFindersTeam!

 

Jeffrey and I are committed to keeping you informed on our local market. Regardless of the national news, the only market that truly impacts you is the street where you live.

 

Market Watch August 25, 2010:

 

THE LOCAL MARKET: You may have heard this week that real estate sales are down 27%. What we are experiencing is a reaction to the widely received tax credit this spring. This borrowed buyers from the future, i.e., the summer months. We are beginning to see the end of this lag time and anticipate a busy fall. And, we are happy to report that we have 6 homes closing this month alone!

 

BREAKING NEWS FOR INVESTORS: One of our preferred lenders has introduced a program for investors that can't be refused: 20% down payment and a 4.5% interest rate for investment property!! With LSU being "woefully short of dorm space", renters should be on the rise in the LSU area. Citywide, we are seeing a shortage in rental properties - an investors market dream. Here are just a few of our properties that are great investment opportunities:

 

Perkins Rowe 415 -- 1 BR 1 BA Condo -- $275,000
93 Colleen Court -- 2 BR 2.5 BA Town Home -- $135,000
2241 Glasgow -- 2 Unit Duplex -- $225,000
1701 Lobdell #63 -- 1 BR 1 BA Condo -- $85,000
4669 Southpark Drive -- 3 BR 2 BA Condo -- $110,000
2338 Brightside Lane -- 3 BR 2 BA Town Home -- $150,000
 

DO YOU HAVE THE HOUSE?: We are working with at least 7 new buyers who need a home! They are all anxious, prequalified, and ready to buy. Our buyer wants include:

* Homes in the Jefferson Hwy./Bluebonnet/Highland areas at $150,000
* Shenandoah/Old Jefferson area at $150,000
* Lake at White Oak on the lake
* Fixer-Uppers

If you or someone you know is considering selling, please give us a call. We would love to meet with them and see if their house would work for one of our buyers.

 

DID YOU KNOW: If you have a $200,000 loan amount at 6% with a monthly note of $1,199.10 today you could borrow $251,165.19 at 4% for the SAME NOTE! Could today be the day for you to move up?

 

As Top Producers for

2006, 2007, 2008 & 2009,

we are here to serve you for all of your

real estate needs.

 

Afterall, when it comes to real estate, we have the key! 

 

Let's Begin:

 

 

Quick Search ~  Click Here to Find Your Dream Home

 

 

 

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Don't be left out.  Whether your buying a new home,  Looking to sell your home, OR Curious about the Real Estate Market in Baton Rouge.

 

What's going on in Real Estate this week - Click here to learn more

What is the lastest NEWS in the Baton Rouge real estate?  Keep in touch with what is going on in Baton Rouge with the Baton Rouge Business Report Weekly Real Estate Report.

 

 

 

Baton Rouge Top Ten "Recession Proof" Market
Tuesday, June 29, 2010 - CNN Money
The most recession-proof cities didn’t see home prices surge in the first place, says the MetroMonitor, a quarterly report released by Brookings Institute's Metropolitan Policy Program.

MetroMonitor identified 21 large metro areas that have enjoyed robust economies and stable labor and housing markets in the last few years.

"Most of these cities have some general characteristics in common," says Howard Weil, author of the report and a fellow at the Metropolitan Policy Program. "They didn't experience huge housing bubbles followed by a crash, and their economies weren't rooted in the auto industry."

The top 10 stable cities identified by MetroMonitor are:

1. Albany, N.Y.
2. Augusta, Ga.
3. Austin, Texas
4. Baton Rouge, La.
5. Buffalo, N.Y.
6. Columbia, S.C.
7. Dallas
8. Des Moines, Iowa
9. El Paso, Texas
10. Honolulu

Source: CNNMoney.com, Hibah Yousuf (06/24/2010)

 

                       

 

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8686 Bluebonnet Boulevard, Suite A
Baton Rouge, LA 70810
225-768-1800 phone
225-768-9700 fax
Team Leader: Mary Garner DeVoe