Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
The Capital Region’s housing market is stabilizing after the “crazy frenzy” of multiple offers that often were above asking price, says Kendra Novak, president-elect of the Greater Baton Rouge Association of Realtors.
A gas station on the corner of Burbank Drive and East Boyd Drive near the LSU campus was recently sold to a Georgia-based investment firm for $1.44 million, according to a report from Elifin Realty.
The average long-term U.S. mortgage rate fell for the fourth consecutive week and has dropped more than three-quarters of a point since hitting a 20-year high last month.