What's Happening in Baton Rouge Real Estate!

The Texas Railroad Commission - which oversees oil & natural gas production in Texas - has released its October 2010 production numbers and Tarrant County is the largest producer of natural gas in the entire state of Texas!  The natural gas produced in Tarrant County/Ft. Worth area is from the Ba...

It's that time of the year again.....summary economic reports from 2010 and 2011 predictions are being released.  Just yesterday, one study predicted that Austin would add 20,000 jobs in 2011 after addind 17,000 in 2010.  The predicted job growth numbers for San Antonio look even better than that...

The Austin office of Metrostudy has released their analysis and forecast for the Austin new home market for 2011 & 2012 and it looks pretty good. Austin home builders are expected to start 6,000 - 6,500 new homes in 2011 and that number could increase to 7,000 - 8,000 in 2012.  These numbers comp...

CoreLogic has released their Dallas home loan delinquency analysis for October.  While the actual rate increased slightly, Dallas is still performing better than much of the country. As of the end of October, 5.25% of all Dallas mortgages were 90 days delinquent as compared with 5.22% in Septembe...

Why is it boomtime in El Paso for apartment construction?  There are several drivers pushing much of the building: -  Continued expansion at Ft. Bliss.  Ft. Bliss expects to add several thousand additional soldiers over the next few years and will not be able to accommodate all of them with on-ba...

There were 67 homes sold in Livingston Parish in December 2010 as compared with 103 sold during December 2009.  The average sales price dropped to $145,000 as compared with $166,000 in December 2009. It's really kind of a mixed bag of statistics for Livingston Parish.  Inventory is way too high a...

There were 87 homes sold in Ascension Parish in December 2010 as compared with 103 in December 2009.  The average sales price is $206,000 and we saw a spike in available inventory up to 9 months (6 months is considered to be a healthy number). I think Ascension Parish looks pretty good.  Inventor...

It was an interesting December for home sales in East Baton Rouge Parish.  There were 256 homes sold this December as compared with 276 that were sold in December 2009.  What is interesting to me is the trend line in the last chart below.  You can see a fairly regular, steady decline in monthly h...

Some more encouraging economic news for the state of Texas....this time from IHS Global Insight.  IHS has projected out job growth rates for all states in the US through 2016.  Texas is one of only 6 states with an expected growth rate in excess of 2%.  Texas' projected job growth rate of 2.3% ra...

The Gadberry Group has released its report of the top 10 most notable high-growth suburban communities and Texas leads the way with 4 cities in the top 10!  This is the second year in a row that Texas has commanded 40% of the Top-10 list. - #1 - Katy (Houston) - #2 - Haslet (Ft. Worth) - #3 - Kel...