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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.
Single family: Strength in numbers
The residential sector is hot and experts say rising rates and higher prices won’t be enough in the short term to chill the market.
Residential trend: A demanding situation
The cost of buying a home is making entry-level ownership unaffordable for many, which is now putting upward pressure on rent rates.
Multifamily: A quick pivot
Demand for apartments is suddenly surging, countering years of warnings about an overbuilt market, but will the boom last?
Commercial: A seismic shift
The pandemic upended the office market and even as business gets back to normal changes are still happening.
Commercial: Class A office space
A listing of the available multistory Class A office buildings in the Baton Rouge market.
Retail: On the rebound
Retail was the hardest-hit segment during the pandemic but the sector is rebounding as investors look to purchase properties in a tight market.
Industrial: In need of supply
The industrial sector is significantly underbuilt in the region, making it harder for companies to expand or be recruited to the market.
Adjustable rate mortgages draws rising interest from homebuyers
The average fixed rate on a 30-year mortgage is 5.09%, up from below 3% in November and the highest it’s been since 2018, according to the Federal Reserve Bank of St. Louis.
Zachary apartment complex sells to Florida investment firm
Louisiana-based property development firm CST Multifamily Real Estate Services LLC today announced it has sold The Palms at Sunset Lakes apartment complex in Zachary
