Buzz

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http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Buzz: Listen To NAR’s Real Estate Today Show For October 16, 2010!

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Each Saturday, the NATIONAL ASSOCIATION OF REALTORS® hosts the “Real Estate Today Radio” show with award-winning broadcaster, Gil Gross. The “About” section says:

“Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.

On radio stations, satellite, and podcasts… even cell phones, Real Estate Today is your instant connection to the American Dream of home ownership.”

The Blog for this show is located at http://www.retradio.com/blog/ .

Today’s show covers the topics listed below:

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Listen to today’s show, click the play button below!



Or, look at the right side where you’ll be able to visit often catch this week’s show at your convenience. The button looks like the player above.

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http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Video Listings Site brHomeListings.com is now online!

brHomelistings dot com

brHomeListings.com is here! We have created accounts for some of you, so try and log in FIRST with your 1st and last name (NO SPACES), and the password is “password.” If you have any questions at all about how to load your listings, create a Realtor Spotlight Page, or any questions at all… please feel free to call or email me. For those of you who do not have an account, just click the “Register” button to do so. This site is SURE to get your listings sold faster than any other advertising available once it has been exposed to the Greater Baton Rouge Metropolitan Area! And YES…. every feature on our website is FREE!!!!

Kevin DeLaune
“Owner”
Realty Studio HD
Greater Baton Rouge Metropolitan Area
(225) 439-1344
www.RealtyStudioHD.com

realty studio hd

http://www.batonrougerealestatebuzz.com/
http://www.videosofbatonrougerealestate.com/

What is brHomelistings?
It’s the first real estate listing website designed primarily around video as a means of reaching potential buyers. The system is designed to quickly connect buyers with the property that the buyer is looking for. Here are some ways in which we’re making finding a home in the Greater Baton Rouge Metropolitan area faster, more effective and more fun:

Video! Video! Video!
Buyers have said it… Sellers and Realtors have said it… Market Analysts are saying it. Now, as if it we’re from a Beetle Juice episode, video is here! Video is in the process of revolutionizing the way real estate is marketed and sold online. Our real estate search engine is designed to really encourage users to use video along with their listing. Of course, we do pictures and text as well, but hey, that’s so 1999 and boring! People want to see video and current web trends are strongly reflecting that. We’ve made it simple to cut & paste a simple youtube video URL and have the video professionally displayed on your listing’s page.

Single Click Search (Touch Search)
By clicking or touching once on a search option in the search page, the listing results automatically narrow down to show only those listings with that particular criteria. Each time you click or touch a new option, the results continue to narrow down accordingly. This new search feature will make searching for a home easy and fun on all new touch-based mobile devices!

Jot and Jump
Jot and Jump is our revolutionary new way to quickly pull up a house that a buyer finds while driving around. Our brHomelistings.com yard signs (provided by Fast Signs) have a space where the Jot and Jump number is printed in LARGE BOLD characters. When a buyer sees a brHomelistings.com yard sign she only needs to visit brHomelistings.com and type in the Jot and Jump number on the home page and click “Jump To It!” In one click, the listing will be displayed for her. Simple. Fast. Extremely effective. You can even provide jot and jump numbers on your own flyers, cards, etc to quickly direct buyers to specific listings on brHomelistings.com

Realtor Spotlight
We don’t just want to reinvent the wheel, we want to redefine it. What is the Realtor Spotlight page? Well, in short, it is what the majority of Realtors today want when they go hunting for a way to publish their own website–and more. A place to post your name, agency, contact information and your listings. Only, we’re taking it a step further–and in a way you’re gonna love. We’re building the full Touch Search feature right into your Realtor Spotlight page so that visitors can search only your listings! Send out a link to your Realtor Spotlight page via email, facebook, text, twitter or however you choose, and when visitors come to it, they will see no competing agents or advertisements. It’s okay, we could almost cry with excitement too!

Did Somebody Say FREE?
Like a cheap commercial from the 1980′s we just want to say “and that’s not all!” It’s true, every feature listed above is provided at no charge to the buyer, seller or realtor.

We have so many ideas that if we tried to pack them all in before launch, we would never launch. What we’re providing at launch is just the tip of the iceberg. There is a contact us form displayed on the site that can be used to send feedback, bug reports and suggestions. We’re looking forward to revitalizing and re-energizing real estate in the Greater Baton Rouge Metropolitan Area with you!

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http://www.denhamspringslarealestate.net/ – Will Half Of Denham Springs Homebuyers Who Claimed 2009 Tax Credit Have To Repay The Government?

There’s a new report out by CNNMoney.com and eCreditDaily.com that says 950,000 Taxpayers Must Repay Homebuyer Tax Credit according to the U.S. Treasury. Read the entire articles at the links above. Buzz is providing a few snippets below.

Homebuyer-tax-creditCNNMoney.com states, “Nearly half of all Americans who claimed the first-time homebuyer tax credit on their 2009 tax returns will have to repay the government. According to a report from the Inspector General for Tax Administration, released to the public Thursday, about 950,000 of the nearly 1.8 million Americans who claimed the tax credit on their 2009 tax returns will have to return the money. The confusion comes because homebuyers were eligible for two different credits, depending on when their homes were purchased. Those who bought properties during 2008 were to deduct, dollar for dollar, up to 10% of the home’s purchase price or $7,500, whichever was less. The catch: The money was a no-interest loan that had to be repaid within 15 years. Had they waited to buy until 2009, they could have gotten a much sweeter deal. Congress extended the credit and made it a refund rather than a loan.”

eCreditDaily.com states, “Nearly 1.8 million taxpayers claimed a total of almost $12.5 billion under the popular first-time homebuyer tax credit program, but more than 950,000 taxpayers will be required to repay the credits because their homes were purchased in 2008, according to a U.S. Treasury report released today. And many more may have to repay the credits “if the homes cease to be the primary residences of the taxpayers within 36 months,” according to the report released by the U.S. Treasury Inspector General for Tax Administration (TIGTA). TIGTA said the Internal Revenue Service is improving its methodology to more precisely determine how many have to repay the tax credits. Nonetheless, the announcement will come as a shock to taxpayers who purchased homes to take advantage of a program meant to revitalize the depressed housing market.
The Housing and Economic Recovery Act of 2008 created a new “First-Time Homebuyer Credit” equal to 10 percent of the purchase price of the home, limited to a maximum amount of $7,500. But that original credit served as an interest-free loan that must be repaid over a 15-year period. The following year, the homebuyer tax credit program was expanded and converted into a full credit that does not have to be repaid.”

To view the Treaury report, go to: http://www.ustreas.gov/tigta/auditreports/2010reports/201041086fr.pdf.

Image Source: http://ecreditdaily.com/

 

 

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http://www.batonrougerealestatebuzz.com/ – Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House!

baton-rouge-real-estate-floppersHousing Watch Dot Com has an interesting article on “Short-Sale Flopping“! Read the entire article here: Don’t Let ‘Floppers’ Flip Your House. Buzz has provided a few snippets below.

“Looking to get rid of a house that’s underwater? If you’re stuck with a home that’s worth less than your mortgage, you could be bait for a new scam that’s just starting to take hold called short-sale “flopping.”

A flopper drives down the price of your home so that the lender will allow the borrower to sell your home for less than it’s worth. “You have to have an appraiser involved for this [scam] to be successful,” says Griff Straw, president of Solidifi. Straw does not think “flopping” can be successful without an appraiser who’s willing to undervalue the property.

Once the flopper gets an agreement for the short sale he then finds a buyer (or may already have a buyer lined up) who will buy the property for thousands of dollars more. The lender takes the loss — and possibly even the homeowner who agreed to the short sale, if there wasn’t a protection against being sued by the lender for a deficiency judgment.

You could be left holding the bag for thousands of dollars if the short sale isn’t handled in a way that protects you from getting hit with a deficiency judgment. (That’s when the bank chases you for any shortfall.) You can be protected with a short-sale contract, but you need to work with a reputable real estate lawyer when you negotiate with the bank. So if someone approaches you with a quick deal to get out of your house, be cautious.”

Image Source: Getty Images and Housingwatch.com.

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http://www.batonrougerealestateminute.com/ - Baton Rouge Real Estate Minute Lanches, Provides 1 Minute Video Updates on local residential Baton Rouge Real Estate. What topics or subdivisions would you like updates on?

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Thinking-About-Rates-1024x1024http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate: To Refi Or Not To Refi. THAT Is the Question In September 2010

The KCM Blog (Keeping Current Matters…building a home for real estate information) has posted financial tips advice on refinancing in today’s low mortgage rate environment: To Refi Or Not To Refi….THAT Is the Question . Read the entire article at this link and Buzz is providing a few snippet paragraphs below:

“Holy Cow! Have you taken a look at where interest rates are these days??? There are Ten Year Mortgages in the 3.75% range for heaven’s sake! Yes, 3.75%!!! What are some of the issues to consider as you (and all of America) contemplates a refinance?”

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1. Does it make financial sense?

If you are considering a “rate/payment reduction” refinance, I typically recommend that people do one simple calculation.

2. What about a refinance to shorten the term of a mortgage?

When examining the possibility of cutting years off your mortgage, you should take a good hard look at how such a move can affect your monthly cash flow.

3. What will my home appraise for?

This is the biggest challenge facing most people. With so many homes underwater, there are many people who won’t be able to refinance.

4. Should I lock in?

Even though conventional wisdom is that rates are likely to stay low for a while, history has shown that when they do go up, they go up quickly and dramatically; therefore, my advice is that if you like the rate you are quoted, lock it and sleep well.

5. How will my income and credit be looked at?

Your refinance creates a new loan that will likely be bundled and sold in a new mortgage-backed security; therefore, this new loan will be underwritten to today’s guidelines (which are tighter than they were a few years back).

The most important thing is to speak with a solid mortgage professional and try to address any hurdles BEFORE you spend your money. Compare the proposed savings; honestly assess your home’s value; review your income, assets and credit; all ahead of time to improve the likelihood of a desired outcome.”

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http://www.batonrougerealestatebuzz.com/ – Walker La 70785 Real Estate: Collins Place Subdivision Housing Report July 2010.

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In this video, Western Livingston Parish’s Home Appraiser, Bill Cobb, reports on Collins Place Subdivision Stats with Video Tour.

13322 Brookcrest Dr (2)

 

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realtystudiohdhttp://www.batonrougerealestatebuzz.com/ – Denham Springs Real Estate Buzz: Greystone Golf Home For Sale 25600 Oakmont Ct 70726.

Kevin DeLaune, with RealtyStudioHD, delivers a new pro video listing for Coldwell Banker One Denham Springs Location Broker, Kayla Johnson.

Make sure you switch from “360p” to “480p” for higher quality! Enjoy!

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tony zito baton rouge real estatehttp://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Video Update For July 2010.

Local Real Estate Agent and Broker, Tony Zito, delivers the July 2010 Real Estate Update. http://www.tonyzito.com/

 

 

 

 

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http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Buzz: Denham Springs South Point March 2010 Update

South Point Entrance Sign

 

In this video, Greater Baton Rouge Appraiser, Bill Cobb, talks about the Denham Springs South Point Subdivision Housing Market from 1/1/2009 to 3/14/2010.

Generally for 2009, there were 37 sales with a Median Sales Price of $145,000, Average Sales Price of $146,497, Average Sold Price Per Sq. Ft. of $93.29/sf and Average Days On Market 129 days.

Generally for 2010, there have been 8 sales with a Median Sales Price of $145,000, Average Sales Price of $145,250, Average Sold Price Per Sq. Ft. of $86.34/sf and Average Days On Market 107 days.

NOTE: In the video, I mention “REO”. REO is Real Estate Owned or Foreclosure!

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