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Market Trends
Commentary Provided byBill & Nonnie McNeil dramitic fall-off in responses last two months |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | |||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $250,000 - View Graph Trend | ||
| Best Selling Price Range | |||
| Worst Selling Price Range | |||
| Compared to Last Year | Down 10-15% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Folsom Abita Springs and Madisonville is | |||
| Seller Activity for the past 90 days in Folsom Abita Springs and Madisonville is | |||
| Is Financing Available For Qualified Buyers in Folsom Abita Springs and Madisonville? | |||
| Existing Home Prices for the past 90 days are | |||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||
| Housing Hot Spots | folsom horse farms | ||
| Reason to Buy/Sell | Other | ||
| Average Sold Price | $250,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Bill & Nonnie McNeil
ERA Stirling Properties Mandeville, Louisiana 985-259-1706 wrmcneil@charter.net Agent Home Page 
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Folsom Abita Springs and Madisonville Local News
News for Folsom Abita Springs and Madisonville, LA - Wednesday October 14th, 2009 3:36pm
Help from Freddie and Fannie for Foreclosed Homes.
Freddie Mac and Fannie Mae are offering financing incentives to home owners whose mortgages they own.
The Home must be a principle residence and chosen from Freddie Mac's HOMESTEPS WEB SITE
(Homesteps.com/homeshoppers.htm). Buyers must apply by Oct.30 to take advantage of the Smart Buy
Program
News for Folsom Abita Springs and Madisonville, LA - Monday September 28th 2009
FORECLOSED AND DISTRESSED PROPERTY
Now is the Time to Buy. Housing values have bottomed and are still at excellent levels for the buyer. Interest rates have just barely turned from their lowest level in years. The government incentive program offers an $8000.00 payment to new buyers of homes including those who have rented for the last three years. This program is set to expire on November 30, 2009.
We have compiled the following lists which we will Email to you. Just select the list or
lists that you want and make them the subject of your email reply. The lists contain all foreclosed and distressed homes in the MLS
1. EAST ST. TAMMANY--- INCLUDES SLIDDEL AND LACOMBE
2. WEST ST. TAMMANY---MANDEVILLE, COVINGTON, ABITA SPRINGS,
AND THE REST OF ST.TAMMANY PARISH
3. PONCHATOULA AND HAMMOND
4. ALL OTHER AREAS IN TANGAPHOA PARISH PLUS FRANKLINTON
5. ALL OF THE ABOVE.
W. R. McNeil, Realtor
985-259-1706
Savoie Realty, LLC
Send me an Email
985-259-1706
