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Citizens Bank expanding branch with a loan production office
Citizens Bank & Trust is expanding its Jefferson Highway branch near Bocage just two years after finishing a $1 million renovation to the property.
Tractor Supply Co. property in Zachary sells for $6.5M
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.
Average long-term US mortgage rate hits highest level in more than 20 years
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.
Rezoning of Pecue Lane properties recommended for approval by planning staff
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.
See how much longer Baton Rouge-area homes are now staying on the market
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.
Three businesses set to open in Gonzales shopping center
Three businesses are opening soon in the Conway Village Center along La. 44 in Gonzales.
Apartments off Government sell for $11M
An apartment complex tucked off of Government Street has been sold to a local investor for $11 million, according to land records.
Could a moratorium in Livingston deter future development there?
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.
Baton Rouge’s hottest development trend: Renovating and repurposing old buildings
The foot traffic going in and around I Rivermark Centre in downtown Baton Rouge looks different today than it did in years past, following an $80 million renovation completed last year.
Two proposed subdivisions off Old Scenic Highway to go before Planning Commission
The Planning Commission next month will consider two new large subdivisions that local developers are proposing off Old Scenic Highway.
How do Louisiana home prices compare to neighboring states?
Louisiana home prices are growing—but they’re growing at a slower pace than other Southern states.
All Star Automotive expanding with used car supercenter
All Star Automotive is expanding its operations with the addition of a used car supercenter at the corner of Airline Highway and Coursey Boulevard.
Century Communities announces expansion into Baton Rouge housing market
Nationally recognized homebuilder Century Communities is expanding into the Baton Rouge market with two planned phases of Copper Oaks, a development in the city’s northeast.
City-parish issues violations against current owners of former Salsbury’s Dodge location
East Baton Rouge city-parish officials are preparing to issue a third tall grass violation letter to the current owners of what was once the site of the Salsbury Dodge dealership on Airline Highway after area residents filed a complaint about the property.
Baton Rouge average rental price growth below national average
The growth in Baton Rouge rental prices has begun to cool as average prices nationwide approach pre-pandemic levels.
Length of time to sell a home in Baton Rouge has more than doubled...
It’s taking much longer to sell a house in Louisiana than in other parts of the country, according to a new report released last week.
Elder Outreach nonprofit buys office building off Bluebonnet
Nonprofit organization Elder Outreach has bought the office building it has operated out of for years off of Bluebonnet Boulevard.
More US homeowners were equity rich in Q2, but Louisiana lags
Nearly half (49%) of mortgaged residential properties in the U.S. were considered equity rich, in the second quarter of this year, according to the latest report from real estate data curator ATTOM. That number was up from 47% in the first quarter.
Why Baton Rouge office sale prices are rising despite fewer sales
The average sales price per square foot for Baton Rouge office space is rising, even as the number of sales and the overall dollar volume trends down, according to Elifin Realty’s latest commercial sales report.
Retail remains a real estate bright spot
While other commercial real estate sectors posted statistical declines last month, the Baton Rouge retail sector remains steady thanks to the continuing post-pandemic flight towards retail.
