Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
The Tractor Supply Co. property in Zachary has changed hands for $6.5 million in a deal filed with the East Baton Rouge Parish Clerk of Court’s office Thursday morning.
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
Construction is underway at the site of the former Reggie’s, the shuttered Tigerland bar that lost its liquor license following the death of LSU student Madison Brooks earlier this year.
Members of the city-parish planning staff say a pair of rezoning requests backed by nearly a dozen Pecue Lane residents meets the criteria for rezoning.
The average length of time that area homes sit on the market has doubled from a year ago, according to the latest report by the Greater Baton Rouge Association of Realtors.
City-parish planning staff will update the planning commission on how work is progressing on revising FuturEBR, the city-parish’s comprehensive master plan.
As Livingston Parish officials continue to debate a possible moratorium on residential development, local homebuilders say the prospect of a temporary suspension casts a shadow of uncertainty that could impact the broader housing market.