Download St Tammany Parish Foreclosure Sale, May 23rd, 2012
Archives for April 2012
2012 1st QUARTER MARKET ANALYSIS FOR THE WOODLANDS SUBDIVISION LOCATED IN MANDEVILLE, LOUISIANA
Marc Pellettiere, of the Scoggin Group, with Mauti Meredith Scoggin Properties located in Mandeville, Louisiana. Marc is presenting a 1st quarter Market Analysis for The Woodlands Subdivision located in Mandeville, Louisiana. This presentation includes, solds, actives, pending and under contract properties for the first quarter of the year 2012.
For more informaton, contact Debbie (985)249-1779 or debbie@mmsre.com
NEW LISTING IN RIVER OAKS SUBDIVISION IN COVINGTON, LOUISIANA!!!!
One of a kind! Unique floor plan with formal dining room, extra large great room with 65" TV in Custom Cabinet and a fabulous wet bar. Bright Kitchen opens to breakfast room with bay windows. Each bedroom has its own full bathroom. 2 Bonus Rooms upstairs. Backyard has new grass & sprinkler system. Master w/separate vanities, shower & walk-in closets. 3 Car Garage with extra parking space. (909405)
For more information, contact Debbie (985)249-1779 or debbie@mmsre.com
Mandeville and Madisonville, LA; Home Sales Review March 2012
The pie chart above illustrates data pulled for the Cities of Mandeville, LA 70448, 70471, as well Madisonville, LA 70447
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79 homes sold in Mandeville and Madisonville for the month of March 2012. WuHoo!! 79 is a significant increase, right at 33%, from the 53 homes sold the previous month of February, and is much closer to the positive numbers, (79 homes sold last December 2011), we had seen at the end of last year.
In the news recently has been the robo signing scandal and how the back log of foreclosures which was created by this scandal is now beginning to be processed. Therefore we are going to see an increase in the number of foreclosures soon and hence an increase in the number of REOs hitting the market (since the banks buy back many of their foreclosures, due, in my opinion, to the bailouts, the consumer and / or investor is not given much of an opportunity to purchase these distressed properties at the foreclosure sales.) However, unless you are looking at a short sale, or possibly a smaller bank who may need to liquidate a property for $.60 or $.70 on the dollar, there is not much which can be done on this front. If it were not for the bailouts we would, in my opinion, see many more homes sold at the Sheriff's auctions. However…
To piggy back with the robo signing scandal, and possibly bearing bad news; I will say, due to the, soon to be, increase of REOs on the market, there will be another decrease in the already hard hit home prices for the last quarters of 2012, and maybe into 2013 as well. However by then end of 2012, the USA will know who will be the president for the next 4 years, and confidence in a business friendly market may boost sales, however I cannot predict next week much less next year, so… Just make sure to vote.
The real estate market will absorb the influx regardless, and in doing so, it will probably have to drop a little in home values to absorb the extra bank owned properties. So home Seller's beware, this storm is not over yet. For home Buyer's their options will continue to increase and prices will continue to stay low. 2012 and 2013 should both be excellent years to buy a foreclosed home, and the market needs these homes scooped up as quickly as possible so, good Lord willing, every home owner may enjoy an appreciating real estate market.
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Download Homes Sold in Mandeville and Madisonville, LA; March, 2012
The attached Adobe PDF document contains:
•Property Address
•Age of Property
•Condition of Property
•Square Footage
•# of Beds
•# of Baths
•Original List Price
•Final Sold Price
•Final Sold Price per Square Foot
•# Days on Market
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Thank You
Marc Pellettiere
NEW LISTING ON ORCHARD ROW IN MONEY HILL SUBDIVISION IN ABITA SPRINGS, LOUISIANA!!!!
Quaint neighborhood, Andy McDonald design 3 bedroom/2 bath beautiful view over looking pond. Granite counter tops in kitchen, Master bath has a beautiful stained glass window. Within walking distance of Clubhouse community pool and tennis courts. Gated community 100+ ft. above sea level. 4.2 miles of Nature and hiking trails. 3500+ acres of lakes, nature preserves, fishing, & much more. (910966)
For more information, contact Debbie (985)249-1779 or debbie@mmsre.com
Slidell, Lacombe, and Pearl River LA; Home Sales Review February 2012
This list covers the City of Slidell, LA 70458, 70460, and 70461. As well, this list includes data for the Cities of Pearl River, LA 70452, and Lacombe, LA 70445.
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76 homes sold in the Cities of Slidell, Pearl River, and Lacombe for the month of February 2012. WooHoo!! 76 is a nice jump, around a 25% increase, from the 58 sold in January. 2012 will hopefully be a better year; I know the robo-signing scandal is behind us and there will soon be an increase in the number of foreclosures and hence REOs hitting the market soon. These will have to absorbed by the current market; which may mean a short term decrease in home values, However, good Lord willing, once the back log of foreclosures is caught up, we will begin to rise out of this economic muck.
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Download Homes Sold in Slidell, Lacombe and Pearl River, LA; February 2012
The attached Adobe PDF document contains:
•Property Address
•Age of Property
•Condition of Property
•Square Footage
•# of Beds
•# of Baths
•Original List Price
•Final Sold Price
•Final Sold Price per Square Foot
•# Days on Market
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Thank You
Marc Pellettiere
Covington, Abita Springs, and Folsom LA; Home Sales Review February 2012
This list covers the City of Covington, LA 70433 and 70435, as well the Cities of Abita Springs, LA 70420, and Folsom, LA 70437.
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50 homes sold in the Covington, Abita Springs, and Folsom Louisiana area for the month of February 2012; which is about even with the 52 homes sold in January. Sluggish is a good adjective to describe these numbers… like molasses. Better times are ahead though. I do expect an increase in sales during the spring and summer months.
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Download Homes Sold in Covington and Abita Springs, LA; February 2012
The attached Adobe PDF document contains:
•Property Address
•Age of Property
•Condition of Property
•Square Footage
•# of Beds
•# of Baths
•Original List Price
•Final Sold Price
•Final Sold Price per Square Foot
•# Days on Market
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Thank You
Marc Pellettiere
2012 1st QUARTER MARKET ANALYSIS FOR MEADOWBROOK SUBDIVISION LOCATED IN MANDEVILLE, LOUISIANA
Marc Pellettiere, a member of The Scoggin Group (www.TheScogginGroup.com) presented Mauti Meredith Scoggin's fourth video in it's first installment of our Market Analysis Video Series for some of the more high demand subdivisions in Western St. Tammany Parish. These videos are provided to the public as a free service from Mauti Meredith Scoggin Properties located in Mandeville, Louisiana.
For more information, contact Debbie (985)249-1779 or debbie@mmsre.com
2012 1st QUARTER MARKET ANALYSIS FOR TCHEFUNCTA COUNTRY CLUB ESTATES LOCATED IN COVINGTON, LOUISIANA
This is the third video in the first installment of Mauti Meredith Scoggin's new video series of Market Updates for homeowner and potential homeowners in St. Tammany Parish. This video features information for Tchefuncta Club Estate located in Covington, Louisiana. It is being presented by Steve "Skip" Scoggin, Broker of The Scoggin Group.
For more information, contact Debbie (985)249-1779 or debbie@mmsre.com
Mandeville and Madisonville, LA; Home Sales Review February 2012
The pie chart above illustrates data pulled for the Cities of Mandeville, LA 70448, 70471, as well Madisonville, LA 70447
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53 homes sold in Mandeville and Madisonville for the month of February 2012. Almost equal to January… A little slower than expected, however February is a shorter month and it is still dark . I do feel better numbers are ahead, there is always an icrease in the cycle during the spring and summer months.
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Download Homes Sold in Mandeville and Madisonville, LA; February, 2012
The attached Adobe PDF document contains:
•Property Address
•Age of Property
•Condition of Property
•Square Footage
•# of Beds
•# of Baths
•Original List Price
•Final Sold Price
•Final Sold Price per Square Foot
•# Days on Market
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Thank You
Marc Pellettiere