February 15, 2025 - 04:34
The Capital Region's housing market experienced a notable shift in January, characterized by a decline in year-over-year pending sales. Despite this downturn, the area saw a significant increase in both inventory and closed sales, indicating a dynamic market landscape. According to recent data, the number of homes available for sale in the Baton Rouge area, encompassing East Baton Rouge, Ascension, and Livingston parishes, rose considerably.
This increase in inventory may provide buyers with more options, potentially alleviating some of the competitive pressures experienced in previous months. The uptick in closed sales suggests that while pending sales have decreased, those who are actively buying are moving forward with their purchases.
As the market continues to evolve, stakeholders are keenly observing these trends to understand their implications for future sales and pricing. Overall, the January report paints a complex picture of the Capital Region's real estate landscape, with both challenges and opportunities for buyers and sellers alike.
July 8, 2025 - 10:33
The Shift: Why Hollywood is Leaving Los Angeles BehindThis US city has always been the home of movie stars and blockbuster shoots, but now, it seems many people are running for the hills. The glitz and glamour of Los Angeles, once synonymous with the...
July 7, 2025 - 20:26
Allegiant Air Divests Florida Resort to Focus on Core BusinessAfter investing over $700 million in the development of a resort and the transformation of former Big Box retail spaces into family entertainment centers, Allegiant Air has decided to sell its...
July 7, 2025 - 10:43
Postal Department to Explore Commercial Real Estate OpportunitiesIndia News: The Department of Posts is set to explore the commercial development of its valuable real estate assets as a strategy to enhance revenue generation. Communications Minister Jyotiraditya...
July 6, 2025 - 17:06
Local Real Estate Agent Celine Williams: Your Trusted Partner in Buying or Selling HomesLocal real estate agent Celine Williams, with five years of experience, shines with boundless enthusiasm and a heartfelt passion for helping clients navigate the complexities of the housing market....