by Lane Duplechin | Market Update, Real Estate Expert
Take a look at this snapshot for residential sales in Lafayette parish. The sales data is presented by price groups and shows a comparison of 2021 vs 2022 (year to date). ➡️ The $150-250k range is still the largest category but decreased in 2022. ➡️ Cumulative days on...
by Lane Duplechin | Property Values, Real Estate Expert, Uncategorized
Parish and city property tax statements for 2022 were recently sent out. A nice little present for homeowners as we enter this holiday season! Ba-humbug! 😂 Property taxes are calculated by the local assessor’s office. There are several factors that go into...
by Lane Duplechin | Uncategorized
Volume During October, there were 431 residential sales in the Lafayette MSA (referred to as “Acadiana” here). The number of sales were down 10% as compared to September and down 18% as compared to October last year. Sales volume is continuing its downward decline...
by Lane Duplechin | Property Values, Real Estate Expert
Appraisers make adjustments to comparables to account for differences between properties. Adjustments reflect the incremental value buyers are willing to pay for specific features. Adjustments are MARKET SPECIFIC!!! There is NOT a one-size fits all dollar value for...
by Lane Duplechin | Uncategorized
The Louisiana Bankers Association (LBA) is hosting an Appraisal Compliance Seminar in Baton Rouge today. Lane had the honor to serve as a panelist for the residential appraisal discussion. . Appraisers from around the state discussed topics including: State of the...
