Louisiana Title Services Newsletter

"Closing the American Dream"

September 2008

Louisiana Title Services space holder

In This Issue

Location! Location! Location!
Location is important...and that is why we want you to know that we are conveniently located at
8801 Bluebonnet Blvd.
on the corner of N. Oak Hills Parkway and Bluebonnet Blvd. Please stop in and visit us with your next closing. We'll ensure a smooth transaction, in a convenient, relaxed environment.
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Please contact Layne Dodd about available office space to hold meetings for FREE!

For more information please contact:

Layne Dodd
cldodd@louisianatitle.com
225-769-2900
Fax: 225-766-3086
www.LouisianaTitle.com

Greetings from your friends at Louisiana Title!

Hopefully you have noticed we gave our newsletter a slight face lift this month! Just for you, we have added "The Local Corner." This is where each month we will bring you a positive story about Louisiana. Something we hope you could use when talking to clients that are new to the area or considering leaving. Please, feel free to let us know if you feel this is a positive addition to the newsletter. As well, if you have any other recommendations for us, we would love to hear from you!

Enjoy!
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South Baton Rouge leads for home sales

A report on local housing trends says the highest priced homes and most sales are happening in south Baton Rouge. The June figures from First American CoreLogic show the 70809 Zip code, which includes upscale neighborhoods off Jefferson Highway and Bluebonnet Boulevard as well as Santa Maria, had the most expensive homes, with a median sale price of $212,000. The area in the 70805 Zip code, which is roughly bordered by Airline Highway and Choctaw Drive, had the lowest median sale price at just under $59,000. First American says the median sale price for a home in Baton Rouge is $169,500, a 1.9% increase over the figures for 2007. During the same time, national home prices fell by 10.7%. While home sales dropped in Baton Rouge, First American says the most transactions happened in the 70810 Zip code, which includes parts of busy thoroughfares such as Perkins Road, Siegen Lane and Bluebonnet. The fewest sales happened in the East Feliciana Parish town of Jackson.

Source:www.businessreport.com

A Win-Win Situation

by Lawrence Yun, Chief Economist, NAR Research

The recently passed - and signed -- housing stimulus bill means a housing recovery is on its way. This legislation will go a long way to help stabilize the housing market and make the dream of homeownership more attainable for many Americans.
Read more...

Source: www.realtor.org

The Local Corner:

Positive happenings in Louisiana

Shaw deals to create 2,900 jobs in La.

The Shaw Group Inc. ended months of speculation about its nuclear power plans with a blockbuster announcement Tuesday: The engineering and construction firm will join Westinghouse Electric Co. in building a $100 million Lake Charles facility to make nuclear reactor components and, at the state's urging, Shaw will keep its global headquarters in Baton Rouge for at least 15 more years.