As I've indicated before watching the trend for the housing inventory is a good way to see which way the market is headed. We all know the nation's economy is very volatile right now, and it will be awhile before everyting smooths out, the housing sector included. Fortunately for Shreveport resid
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11/13/2008
Here are the absorption rates for Shreveport, Bossier City, and surrounding towns. Remember that absorption rates show how quickly homes on the market are being sold and how many new homes are replacing those. If more homes are coming on the market and remaining unsold, the inventory is higher, a
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11/13/2008
I've been rather remiss in posting the absorption rates for the Shreveport area market. Since the trend over time is the most useful way to analyze this information, I'm going back to August to post these numbers. So, take a look at this info, then take a look at the numbers for September and Oct
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11/13/2008
As of October 31, 2008 2007 YTD 2008 YTD % Change Number of Homes Sold 4094 3486 -15% Average Home Price $ 151,081 $ 155,961 3% Average Home Price per SF $ 82.58 $ 83.44 1% Median Home Price $ 135,000 $ 139,900 4% Median Home Price per SF $ 86.23 $ 87.19 1% Average Days on M
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11/11/2008
I love finding good, useful information on Active Rain. Information that is useful to me is wonderful, but when it's also useful to my clients, it's even better. Nancy Lancaster gets this message across in an engaging way. Enjoy! There are a few times when it's just not cool to flush the toil
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11/03/2008
An article by a colleague in another state about the highest priced home that has sold in her market made me curious about the luxury homes for sale in the Shreveport area. Needless to say, I couldn't wait to do a little sleuthing of my own. Well, compared to the $17M home that sold where she l
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10/30/2008
When you are writing a post, scroll down to the Visibility tab. Click Draft. Scroll some more. Click the Post Blog Entry tab. Click OK on the screen that pops up. Repeat repeatedly as you write.This way you won't lose your post. Some people learn this the hard way.
10/29/2008
In these days of economic turmoil, whether you're feeling the pinch or not, Michael Mullin's post about his allowance gives a person food for thought. It is so easy to whip out the credit card to pay for those little lattes and lunches. I consider myself a frugal person, but I must admit that
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10/28/2008
Twelve Oaks Begun in 2005, this unique community in Shreveport, Louisiana is situated on 400 acres not far from the bustling shopping mecca along Youree Drive. Access to the rest of the city is easy via the Terry Bradshaw Passway. Twelve Oaks is comprised of four distinct "neighborhoods", each wi
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10/27/2008
We've been fortunate in the Shreveport real estate market not to have suffered the level of foreclosures, short sales, etc. that other cities in the nation have.Here's a post by David Stevens of Long and Foster that holds out hope for a nation-wide recovery led by the housing sector. Be sure to
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10/25/2008
