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Rising home prices, mortgage rates now make renting a cheaper option
Average housing costs across the U.S., pushed higher by soaring home prices and rising mortgage rates, outpaced rental costs in April, making owning a...
More than 900,000 Louisiana homes at risk from storm surge this hurricane season
A new risk modeling report shows that nearly 7.8 million homes with more than $2.3 trillion in combined reconstruction cost value
Five Guys franchise near LSU’s North Gate closes
The Five Guys franchise on Highland Road near LSU’s North Gate has closed, the listing agent confirms.
Williams Jet Center owners plan further development in north Baton Rouge
The owners of Williams Jet Center say they are buying more land near the airport for their own business and future development.
Commerce Building sells for $24.7M
The Commerce Building on Laurel Street downtown was sold for $24.7 million last week to the family of late Baton Rouge auto dealer Price LeBlanc,
Controversial rezoning proposal for Citiplace hotel to be deferred
An application to rezone one of the last undeveloped tracts in Citiplace to allow for a hotel will not be considered as scheduled
Controversy rises over proposed Citiplace hotel next to Bocage Lake
A proposal to build a 93-room TownePlace Suites by Marriott hotel near the intersection of Corporate Boulevard and Bocage Lake Drive faces opposition from nearby residents, who want their neighborhood to stay residential.
Developer seeks rezoning for hotel in Citiplace near Bocage Lake
A developer is seeking to put a 93-room TownePlace Suites by Marriott hotel near the intersection of Corporate Boulevard and Bocage Lake Drive.
Real Estate Report: Warehouse space sorely needed in Baton Rouge
So it’s no surprise that as natural gas prices have remained stable over the past several years, industrial-space landlords have done really well.
Real Estate Report: Retail properties are on the rebound
Retailers faced a dark time in 2020. A new virus no one quite understood was ravaging south Louisiana
Rising interest rates slowing Baton Rouge home sales
After two years of record-setting activity, there are signs the housing market is cooling off, with 8.5% fewer homes sold in the Capital Region
Rising interest rates hike concerns for commercial real estate
Rising interest rates could soon send Capital Region real estate deals back to the drawing board.
The Federal Reserve is expected to raise rates today...
EBR commercial real estate sales volume surpasses last year’s pace
The commercial sales market in East Baton Rouge Parish is seeing record year-to-date numbers in 2022
AWC buys Frito-Lay distribution center for $4.6M
Baton Rouge-based AWC, which provides automation and controls for the industrial sector, has purchased Frito-Lay’s distribution center in the Industriplex for $4.6 million.
Office and warehouse space planned for northeast Baton Rouge
A new 10,795-square-foot office and warehouse space is planned for Mammoth Avenue just north of the intersection of Monterrey and South Choctaw drives.
Real Estate Report: Seismic shifts upend commercial market
The shutdown brought on by the pandemic caused perhaps the biggest changes in the business industry
Baton Rouge, New Orleans housing markets among nation’s least overpriced
A recent study by Florida Atlantic and Florida International universities shows the Baton Rouge and New Orleans metro areas are two of the least-overpriced real estate markets in the country.
Capital Region mortgage originations down 23% from year ago
Mortgage lending in the Capital Region fell 16.5% in the first quarter of this year compared to the previous three months
Real Estate Report: High demand and limited supply shaping Baton Rouge market
The Capital Region’s real estate market, like pretty much every other market, is driven by supply and demand. While market power may shift a bit one way or the other—between buyers and sellers, between renters and landlords—the differences usually aren’t terribly dramatic from year to year.
Real Estate Report: Lingering effects
Hot markets, fueled by limited supply and high demand, are the story with most real estate sectors, but rising interest rates and inflation are cautionary flags.
