Home Value Trends In Louisiana

Section 215(b) of the National Affordable Housing Act (NAHA) requires that the initial purchase price or after-rehabilitation value of homeownership units assisted with HOME funds not exceed 95 percent of the area median purchase price for single family housing, as determined by HUD. The other information that Zillow gathers can be really useful when you are buying or selling a home. Since we can’t predict the future, the best thing to do is to look at past trends in home value prices and rate of sales, as well as the economy, population, job opportunities, unemployment rate and attractions an area has to offer.

The low cost of housing helps offset lower income, as the average home value sales price in April 2007 was only about $146,075 and in the 1st quarter of this year, the median home value of properties sold was only at about $110,000. On the other hand, …

Home Value Monitoring & Appraisal

home valuesThe housing bubble has burst! But real estate agents say falling mortgage rates have more and more people touring open houses. A REALTORĀ® can provide a more accurate home value estimate, based on current home prices in your neighborhood and their knowledge about current conditions in the marketplace.

Median home prices have risen by nearly 50 percent over the past three years, as the region’s robust job market and growing population have increased demand for limited housing opportunities. Using an accounting decomposition of house price dynamics into replacement costs of the structure and land prices, we demonstrate that rising land prices hold the key to understanding the upward trend in global house prices.

They act like magnets which can also bring up or down your own home’s price when put in the seller’s market. Nowadays, most homeowners are enjoying the increase that housing prices have seen. The table also shows …