Home Pending In Less Then One Week! Call me for more details and how I can help you sell your home.
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Charming, welcoming, and choc full of personality lies this home nestled among gorgeous oak trees in the highly desirable Lake Crest neighborhood. This meticulously well maintained home has the most FLEXIBLE floor plan you will find. Currently set up as a 3 bedroom, the back den could be converted very easily into a master suite with ample closet space and its own bathroom. This home is bright and sunny, with gleaming wood parquet floors in the living room, dinning room, and under the carpet in the bedrooms. Home also boasts a sun room for those lazy Sunday afternoons. The backyard feels like a private garden retreat with a deck for entertaining. There is also covered parking and a shed for your yard equipment. Homes today just are not built as solid as this one.
Built on a new generation of hope delivered by the Obama administration, the Hottest Buyers Markets for 2009 represent communities that possess the highest probability of success for home buyers to make a profit. The gains may not come in 2009, but may take longer to realize in what has now clearly materialized as the worst economy since the Great Depression as forecast by Housing Predictor.
The hope that President Obama has instilled in the nation may produce a changing country and with that a change in its most critical of markets, real estate all over the nation. Perhaps more than any other aspect of American life, the housing market represents that American dream, a dream that has been shattered for millions in foreclosure.
The Hottest Markets in 2009 represent areas of the country where there is stronger employment, prospects of growth and promises of prosperity. They represent exceptions in a cascade of deflationary housing markets that are projected to appreciate, despite an economy that has years to fully turn around.
Mortgage loan applications bounced back last week as rates fell and end-of-the-year holiday hoopla faded.
The Mortgage Bankers Association weekly index of application volume rose to 1,324.8, an increase of 15.8 percent on a seasonally adjusted basis from 1,143.8 the previous week.
On an unadjusted basis, the index rose 95.7 percent compared to the previous week and was up 52.4 percent compared with the same week a year ago.
Refinances continued to dominate the applications with 85.3 percent of the loans being refinances, up from 79.8 percent the previous week.
Lenders have nearly stopped offering adjustable rate mortgages with the ARM share representing 1.1 percent compared to 0.9 percent the previous week.
Interest rates continued to decrease:
30-year fixed-rate mortgages decreased to 4.89 percent from 5.07 percent;
15-year fixed-rate mortgages decreased to 4.63 percent from 4.67 percent;
1-year ARMs decreased to 5.89 percent from 5.90 percent.
I woke up this morning at 6 a.m. on Thursday in Baton Rouge, LA and to my surprise it was snowing. In southeast Louisiana snow is something that you don’t see very often, maybe if you are lucky once every 5 years! Dropped the kiddie off at school only to have turn right back around and get her. See, since we are not use to snow the schools close because Baton Rouge’s roadways can not handle the snow and further more people do not know how to drive in snow.
The last time I saw snow was in December 2004 in New Orleans on Christmas day, which was really odd, yes folks, New Orleans had a white Christmas first time in my life that has ever happened. No surprise that Katrina hit that following summer in August 2005. Southeast Louisiana’s weather is very unpredictable one day it’s snowing and by the weekend it will be in the low 60s. It’s 8 a.m. and as you can imagine the snow has stopped and is beginning to melt into a wet mess. I must say that during our little “snow storm” it was absolutely beautiful and for others like me who were not in the Christmas mood this certainly made me feel like a child again, it felt like Christmas time in the city.
As a licensed real estate consultant in Baton Rouge, I am here to help with any and all of your real estate related needs. If you have a question pertaining to real estate please feel free to email me. If you would like a real estate report card you can request one on my website at www.jenniferdazet.com or email me at jenn@jenniferdazet.com. I promise I will not call, I can simply send it in an email.
Mortgage loan applications bounced back last week as rates fell and end-of-the-year holiday hoopla faded.
