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Lafayette Parish, LA Real Estate News

By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In Lafayette La 200k-250kIs a Lafayette La home purchase in the cards for 2017? Or perhaps the next chapter of your story demands selling your home. Either way, local real estate market knowlege is key. Let's take a look at what 200k-250k can command in the Greater Lafayette La area.Homes Active For Sale In Lafayette La from 200k-250kWithin this price range, there are 319 homes for sale in Lafayette Parish. Local buyers can select from condos, townhomes, mobile homes, and single family properties. The bulk of the local inventory is single family, and of these ranch style are most prelevent. Want a home with acreaage? There are some of those as well. Homes That Have Sold in Lafayette La From 200k-250k In the past 90 days, 109 homes successfully closed escrow within this ra...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Affordable Homes For Sale Near UL- Lafayette La Real EstateIs your career bringing you to UL-Lafayette in the near future? Or perhaps now is the time to pursue the degree to take your life to the next level? Either way, local housing market knowledge is key to making a wise decision. Let's take a look at how purchasing a home near UL-Lafayette can be a smart financial move. Why Purchase A Home In Lafayette Louisiana Plenty of inventory--As of Mid October 2017, there were 128 homes for sale in Lafayette La from 75k-150k. Affordable options-- why pay a landlord when you can own a home? Thanks to low interest rates, owning a home in Lafayette, La may be cheaper than renting a similar unit. Students at UL will often have roommates to cover part/all of the monthly mortgage payment. Good luck...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Advice For Selling Your Home In Lafayette LaGetting ready to put your home in Lafayette La on the market? If so, there are somethings you can do to get as much value from the property as possible. Pay attention to curb appeal-- Lafayette La home buyers will often find your home online, then drive by. If the lawn is a mess, your home could get scratched off the list before they even call to ask their agent about it. Fix what is broke, replace what is missing--To earn top dollar on your home, we need to make the property attractive to as many buyers as possible. A large percent of Lafayette La home buyers will use a FHA loan for their purchase. This loan (and similar products) dictate that the house meet minimum standards. Downsize your stuff-- buyers need to be able to visualize themselv...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In New Iberia La Priced From 100k- 125kConsidering a move to New Iberia Louisiana but hate the thought of renting? Or perhaps it is time to downsize into something more comfortable. Either way, New Iberia offers some attractive housing options in the 100k-125k price bracket. Why New Iberia La Small town charm, short drive to big city amenities World class saltwater fishing near Cypermort Point Lower average price per square foot than Lafayette. Get more home for your money! Winters are limited to the "fiction" section of the bookstore Some of the best food in the world. Cajun seafood with a little New Orleans influence. FRESH GULF SHRIMP readily available. Eat today what was swimming yesterday. What to Expect Housing Wish In New Iberia La As of this writing, there are 29 ...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In New Iberia LaRelocating to Lafayette, La but want to live outside the hustle and bustle? If so, New Iberia is worthy of consideration. Located approximately 30 miles from Lafayette, residents could own a home in New Iberia and easily commute within the region. Let's take a look at what this town has to offer.Why New Iberia La Small town life near the big city-- Work and enjoy the shopping opportunities in Lafayette, then come home to the country! Proximity to outdoor activities-- Want to chase trophy redfish and speckled trout? Vermilion Bay is just down the road. Prefer to hike or nature watch in general? Lake Martin is an easy afternoon outing. Larger lots-- Like your neighbors, from a distance? Thanks to a rural setting, New Iberia home buyers typically have larger ...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale Near Women's And Children's Hospital in Lafayette LaRelocating to Lafayette La to work for Women's and Children's Hospital? First off, welcome to Acadiana. People from all over the world visit to get a taste of the Cajun lifestyle. Let's take a few minutes to learn more about the area, then specifically look at the Lafayette La housing market.Why Lafayette Louisiana Mild, sometimes non-existent winters-- There are years where jackets and sweaters never leave the closet. Summers on the other can be a little on the warm side. Plenty of outdoor activities-- World class fishing (both salt and fresh water) is nearby. Ever sight casted for Redfish? Thanks to the abundant wildlife, a day on the water usually means an evening of cleaning fish. Prefer to hike? Check out the trails...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In Youngsville LaConsidering a move to Youngsville, La this year? Worried that you missed the "Spring/Summer" home selling season? Relax, homes in Greater Lafayette, La go under contract every month of the year. In fact, buying a home in the Fall could be an advantage. Here's why?Fall Home Buying In Youngsville La Overall foot-traffic declines, but the volume of sales does not-- How can this be a benefit? The buyers that are looking tend to be more serious. During the Summer we see people who will look at homes because they are bored. More convenient showing times-- Youngsville La home buyers want to see homes during daylight hours. With dark coming earlier each day, buyers will shift to touring homes during their lunch break. No more 8 pm showings! Less frequent lawn mai...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Real Estate Sales Advice--Your Attitude Is Your ArmorAfter a bumpy start, my real estate career began to blossom. Did I mention my entry to this contact sport was at the dawn of the Great Recession? Why was a newbie like myself able to grow while more experienced/all around better agents left the industry?Thanks to the miracle that is 20/20 hindsight vision the difference was my attitude. Coming from the education industry,  earning 3,000-4,000 bucks a month was pretty darn good. Deals fell apart left and right, but I still considered myself ahead of the game.At the same time there were agents making 3x-4x as much who were sure the sky was falling. Sadly, for many the sky did fall.  Over the years I have developed an Attitude Armor Checklist that has saved my bacon more than once. Let's...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In Broussard, LouisianaLocated outside Lafayette, La, Broussard has become a popular choice for residents all over Acadiana. With robust growth over the past ten years, Broussard La home buyers have a wide range of housing options. Let's take a look at why people focus on this area.Why Broussard, La Location-- Given the proximity, Broussard is a popular choice for individuals who work in Lafayette or in the offshore industry. Small town feel-- Locals enjoy all the benefits of a nearby big city, but can come home each night and enjoy home town charm. Wide range of housing styles-- There are ranch style homes, french-inspired, and custom new construction available in the area. Why compromise when you can get what you want right here in Broussard? Outdoor Activities Living i...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Lafayette La Real Estate Advice- Do I Need A Home Inspection? Lafayette La home buyers will often try to save money by skipping the professional home inspection. Based on a decade's experience, this thought process is flawed. Let's take a minute to see why home inspections are a must.Why Lafayette Home Buyers Need A Professional Home Inspection To discover hidden defects--In Louisiana most home sellers are required to complete disclosure forms. Just because they check 'no defects" for the roof don't mean it won't leak. Sellers are not required to hire a professional to inspect each items. The information is just to the best of their knowledge. To justify the price- Lafayette La home buyers bid with the understanding that the home systems are in proper working order (unless otherwise dis...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
New Construction Homes For Sale In Lafayette LaThere is something about being the first person to own an object. If you think the new car smell is pleasant, the new home smell is down right intoxicating. The good news is Lafayette La home buyers have many new construction options. Let's learn more about purchasing a new construction home.Why Are New Construction Homes So Popular In Lafayette Louisiana Customization-- Lafayette La home buyers can take an active role in the building process. Generally speaking, the earlier the buyer goes under contract the more flexibility the purchaser will have. Want to have complete control? A custom build would be a good alternative. Possible Warranty--New Construction homes in Louisiana are covered under the new construction warranty act. Generally t...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
There's No Crying in Baseball, But Plenty of Tears In Real EstateLike most agents, I almost left the real estate business six months in. After a slow start, the deals were finally trickling in (think a slow leak faucet). Why was the gig so stressful? Was I not mentally tough enough to be in sales? Had the 90 hour Internet course somehow failed to prep me for my new career?  After some tough introspection I figured out the root cause. I was mirroring ALL of the emotions of my clients. When they were stressed, I was stressed. When they faced uncertainty I was uncertain. Mad client=Mad Doug. Not good.By letting their emotions creep into my world I was doing neither party a service. The key to truly advocating for your clients involves emotionally detaching from the transaction. With this e...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes That Qualify For FHA Financing In Lafayette LaOne of the trickiest pieces to the home buying puzzle is the down payment. With the costs we all face day to day, saving 20-30% for a down payment can be tough. Luckily  for Lafayette, La home buyers there are some low down payment loan programs available.FHA loans are insured by the Federal Housing Association. Such loan products are popular with Lafayette Buyers for a variety of reasons Low Down payment-- Thanks to the FHA loans, buyers can get into the Lafayette La real estate market for as little as 3.5 percent down. On a 150k loan, 5,250.00 dollars would be needed. That's less than some people put down to purchase a car! The applicant's credit need not be perfect--Given the economy the last 5-10 years, many consumers lack excellen...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Foreclosures For Sale In Lafayette LouisianaIn most markets foreclosure properties are a popular search for both investors and owner occupants. The Lafayette La market is no exception. Though such homes can result in a great deal, Lafayette home buyers need to understand the process prior to committing. Let's take a minute to learn more about foreclosures...Questions To Ask When Considering A Lafayette La Foreclosure What is the purpose of the purchase-- Will you live in the property, or will this become an investment. So much rides on the answer to this question.  Will you handle the remodel myself or bid out the work-- In the past ten years, I have sold ONE foreclosure that did not require any work. Most foreclosures will need some level of remediation. Do you have the expertise to go...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Affordable Homes For Sale Near Lafayette La Thanks to modest housing costs and low interest rates, residents of Lafayette La have a clear path to home ownership. In fact, there are currently 78 homes for sale in Lafayette Parish for 125k or less.Key Factors to Consider For First Time Home Buyers in Lafayette La Decide how long you will live in the area-- Will your time in Lafayette be short (say under a year)? Then renting a home would likely be less stress. Is your credit home purchase ready-- Contrary to popular belief, a Lafayette La home buyer's credit need not be perfect to secure a home. My advice is to speak with a local lender or mortgage broker 6 months or so prior to purchase. That way if you need some credit repair, the lender can get to work asap. Need a referral to a great ...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Lafayette La Real Estate Advice-- How To Write A Winning OfferGetting ready to purchase your next home in Lafayette, La? Or perhaps it is time to downsize, but your last real estate deal closed during the Reagan years. Either way, it is important to understand what is happening currently in the Lafayette Louisiana real estate market. Based on my years of experience as a Louisiana real estate broker, here is my advice for writing a strong bid. Have your financing secured prior to writing an offer--Years ago, sellers where more open to giving buyers time after the offer to get loan pre-approval. In our digital age, a buyer not willing to invest 15-20 minutes on the phone with a lender is a MAJOR red flag. Also, there could be more than one bid. in a competitive environment, do you want to...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes That Qualify For 100% Financing around Lafayette LaFor many home Lafayette La home buyers, the toughest part of the process is saving enough for the down payment. With the day to day bills we all face, stashing 20% away may seem impossible. The good news is there are plenty of low down payment programs available for Lafayette La home buyers. The GREAT news is a few NO down-payment programs offered. Let's take a look at several that are open to Lafayette La area residents. Rural Development Loans-- This is a true zero down loan product. If the Lafayette La home seller will provide a closing cost concession, the buyer usually has ZERO funds out of pocket. There are geographic limitations that the buyer must consider. Here at Realty Executives Bayou Properties we check EVERY property...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Things To Do Around Lafayette LouisianaYou can leave Lafayette Louisiana, but Lafayette never really leaves you. Sprawling oaks, great weather (what's snow?), and the Acadiana lifestyle make a strong case for living in Lafayette. Many of the folks who visit Lafayette end up falling in love with the area. If you are considering a move, let's take a look at what Lafayette has to offer.Things To Do Around Lafayette La Eat-- In Lafayette food sustains both the body and the soul. Crawfish, crabs, redfish, and boudin make up a few of the local staples. First time visitors often shy away from boiled crawfish, but once they take the plunge are often hooked for life. Outdoor Activities-- Thanks to the sub-tropical climate, cold weather is something Lafayette residents only experience on the Weat...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale Near The University of Louisiana At LafayetteGetting ready to start a new job at UL? Or perhaps it's time to work on a degree at this highly respected university. For decades people have flocked to UL in pursuit of a word-class education set in a tranquil southern campus. Enjoy the sprawling lawns and architecturally interesting buildings that make up the campus.Should I Purchase Or Rent When I Move To Lafayette LaThis is a question we hear on an regular basis at Realty Executives Lafayette. In a nutshell, it depends on your situation. In real estate time is typically your friend. Is your job temporary? If so, in most cases renting would be the right choice. Planning on spending more time In Lafayette, La? Then buying is normally the better option. I'm Going To Be A Colle...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Homes For Sale In Lafayette Louisiana 150k-175kSearching for your next home in Lafayette, La? Why pay a landlord when you can OWN a piece of Acadiana? With low interest rates and great pricing, most people find owning a home in Lafayette Louisiana to be cheaper than renting. Let's examine what local buyers can expect in the popular 150k-175k price bracket.Common Features in Lafayette homes 150k-175k Three bedrooms--who needs bunk beds when there is a room for everyone Two full baths-- especially at the upper end of this bracket, two full sized bathrooms are almost a given. Large backyard-- People relocating are often amazed at how much yard their dollar commands in Lafayette. A wide range of housing style- Ranch, Tudor, contemporary, condos, town homes, mobile homes, even a few properti...
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