As per a recent report published by Dependable Homebuyers, the real estate market in Baton Rouge has grown steadily in the last eighteen months. It is likely to expand further in the next six months. The We Buy Houses company has purchased more residential properties for a fiscal last year than they have for any given twelve months since their inception. Evan Roberts, the owner of the real estate investment company, is optimistic about the residential sector and says that the housing market has managed to counter the potential adverse effects of increased interest rates.
Roberts says that many had expected a slowdown in the Baton Rouge real estate market following the multiple revisions of interest rates. The Federal Reserve has increased the rates four times since early 2018. The monetary policy has been extensively criticized by many economists and particularly by experts in real estate. This stance of the Federal Reserve has affected many sectors and the real estate industries across several states are indeed witnessing a slowdown. Baton Rouge has somehow resisted the negative effects and the market is booming. Roberts highlights the importance of transitional neighborhoods and the intent of many people to remodel their properties to make them worthwhile for buyers as two key reasons for the boom. There is also renewed interest among investors to deal in real estate. This has improved the investment climate. Local factors such as modest pricing of houses have also played a role. Read the recent press release they published at https://drive.google.com/a/dependablehomebuyers.com/file/d/1pDClmjSaSZMsOBvh2VzfHNxH0QGi35Ss/preview.
Evan Roberts and his team have been working on an information campaign to assist buyers and sellers in their respective quests. The company is already into buying houses directly from owners. The solution is of great relevance for sellers who struggle to find a closing offer. Now, Roberts and his team are also assisting buyers. The information campaign is focused on highlighting the ground realities in various locations for different types of properties cutting across the price range. The quintessential factors of location, condition and ask price are the most influential macro issues. Buyers often tend to rely on overall trends that provide a generic view of the real estate market. The videos and articles being produced and published by Dependable Homebuyers can help buyers understand what actually awaits them. They can plan accordingly. The only way any real estate sector can sustain its growth is when sellers and buyers are more informed, says Roberts.
Dependable Homebuyers has been acquiring residential properties for a better part of the decade. It has purchased all types of houses in Baton Rouge and continues to do so. It has also started buying land. Owners of land and houses anywhere in the city or the surrounding areas can contact the real estate investment firm directly and get a closing offer immediately after an inspection. Sellers can close the deal urgently if necessary. They have the liberty to consider other offers and compare the propositions. Sellers who want a quick sale can do so in as few as seven days.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in Baton Rouge, Louisiana. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (225) 307-3324 and we’ll provide you a cash offer within 24 hours.
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