Posted: Jan 15, 2013 11:39 AM
Source: Associated Press
BATON ROUGE - Baton Rouge metro area home sales finished last year 15 percent stronger than 2011, with local Realtors selling 7,607 homes compared to 6,604 in 2011.
Dollar volume for the year was up 17 percent - $1.64 billion compared with $1.26 billion. That's according to figures compiled by the Greater Baton Rouge Association of Realtors.
Sandy Daly, a manager for C.J. Brown Realtors, told The Advocate 2012 marked a transition for Baton Rouge real estate as it left behind the doldrums that marked the years after the nation's financial crisis.
Daly said good values, low interest rates and rising consumer confidence helped bring buyers off the sidelines and into the market.