We Specialize In These Lafayette Area Communites
Lafayette – Youngsville – Broussard – Abbeville – Breaux Bridge – Carencro – Sunset – Duson – Scott – New Iberia
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How we helped Zack and Amy by always being responsive
"Everyone was very helpful! Robbie was very helpful in both selling our house and finding us a new house. Robin was obviously very helpful in finding us a new house, but it was great overall. When we were closing on the house, we were kind of in a time crunch. Robbie and Robin were very involved with the developer of the property to make sure things were done timely so that we could close when we need to close. So I think they were just very responsive."
- Amy Melancon, Home sellers
How we helped Glen by always being there when he needed us
"They did everything I needed them to do. Trying to do the appraisal on the house, having to come here several times and open up the house for different people, just always there when I needed them."
Glen Shireman, Home seller
How we helped Erica by always being accommodating
"We looked at a couple houses and they helped me find the one I was looking for! Robin is my realtor. She always accommodated my schedule which is after 6 and on the weekend. So she spent her weekends and, I believe, the fourth of July looking at houses. "
-Erica Mayon, Home buyer
Lending Advice for Home Buyers in Lafayette
Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale
Today I want to speak about the lending process and some of the best practices that you should be aware of when you work with them.
One of the most important things that you can do is to keep all lines of communication open with your agent and the lender. This will speed up the time of your transaction and make it much less stressful. The quicker you can get documents to your lender, the quicker you can close the transaction.
At a minimum, we speak with our lenders at least once per week, and sometimes we contact them two or more times. We think the determination between a bad lender and a good lender is the way they communicate with us and our clients.
If you would like to hear about some of our preferred lenders, please don't hesitate to contact us. We look forward to speaking with you!
Our Market is Looking Pretty Great
Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale
We have been seeing some great signs in the Lafayette real estate market lately. Today we are going to run through the statistics for July and give you an update on those.
July's market statistics look really good. We have seen a 7.5% increase in units, a 13.5% increase in dollar volume, and a huge increase in new construction.
Another thing that's on the rise is our average sale price. It has gone up 5.5% and now sits at $268,500. Overall, our listing inventory is up 5% and new construction is down a little bit.
Right now, we are looking at a 4.5 month supply of inventory on homes listed under a million. The most activity in our market, however, is seen in the $150,000- $300,000 price range, where there is about 3-4 months of inventory.
Interest rates are still doing fantastic. A 30-year fixed rate can be had for 4% and 15-year fixed loans are even lower at about 3.375%.
Overall, the market looks really strong and there is a lot of movement. If you have any questions for us, we would love for you to give us a call or send us an email. We would be happy to help out!
How we helped Amber by always going above and beyond
"We had great results. Robin helped in every way she could and now we have a beautiful new home."
-Amber Morrow, Home Buyer
How we helped Allen by making the process easy for him
"It was very easy, and very quick. Robbie knew what I wanted and made it nice and simple for me. He made everything fit for what I needed. He was always able to go out and look at houses or if I needed anything outside of that, he was right there and able to take care of it for me. "
-Allen Green, Home Buyer
How we helped Blaise by providing a consistent level of excellence
"We had 14 showings in less than a week and three offers! I’ve used Robbie Breaux & Team a couple times and I’ve referred them a couple times so I’ve come to expect his level of excellence. But one thing he did in closing was point out that his commission on my house was too high. That was over and above when it came to honesty."
-Blaise Gregory, Home Seller
How Do Fantastic Lafayette Market Conditions Affect You?
Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale
Today, I share a full Lafayette market update for the first half of 2015.
We've already had a little over 1,600 sales since January, which is up from the mid 1,500's in the same time frame last year. In total number of units sold, sales are up about 4% - while in dollar volume, sales are up 11%! This is likely due to a jump in average sales price, which went from $217,000 last year to $231,000 this year.
Despite all of these fantastic market trends, interest rates remain near record lows! The best way to get an idea of where our market is going to head moving forward is to look at pending sales. Currently, we had 340 homes that went under contract in Lafayette Parish in comparison to only 301 at this time last year. This is a difference of about 11%, and year-to-date we're a little over 4%.
What does all of this mean for you? Well, it doesn't look like our market is going to slow down anytime soon. Inventory levels are healthy, and the market is active, making now a wonderful time to consider making your move.
If you have any questions about our market, don't hesitate to reach out to us. We're always here to help with your real estate needs.
Are Home Inspections Important in Lafayette?
Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale
Hey there everyone, today's topic is home inspections, and the importance of getting them done. So, we are now currently under contract with a buyer and seller who have agreed to terms and price. The next step is scheduling a home inspection, as well as a termite inspection.
A general home inspector's job is to look for symptoms to see if a specialist is needed to address a larger problem, whether it's for the roof, plumbing, electrical, or other parts of the home. Once we get bids from all the specialists out there, we submit them to the seller to get them fixed. After this, one of three things will end up happening:
1. The seller will come off the house price
2. We can get cash in lieu of repairs
3. We can get them to fix the problem
Once we submit this to the seller, they have 72 hours to decide if they will do some, all, or none of the repairs. If they agree to do all, we proceed with financing. If they agree to do none or some of the repairs, you then have 72 hours as a buyer to decide whether you want to accept, reject, or counter. This continues until either we can get an agreement, or the contract dies.
If you have any questions for us about home inspections or anything else, give us a call or send us an email. We would love to help you out!
A general home inspector's job is to look for symptoms to see if a specialist is needed to address a larger problem, whether it's for the roof, plumbing, electrical, or other parts of the home. Once we get bids from all the specialists out there, we submit them to the seller to get them fixed. After this, one of three things will end up happening:
1. The seller will come off the house price
2. We can get cash in lieu of repairs
3. We can get them to fix the problem
Once we submit this to the seller, they have 72 hours to decide if they will do some, all, or none of the repairs. If they agree to do all, we proceed with financing. If they agree to do none or some of the repairs, you then have 72 hours as a buyer to decide whether you want to accept, reject, or counter. This continues until either we can get an agreement, or the contract dies.
If you have any questions for us about home inspections or anything else, give us a call or send us an email. We would love to help you out!
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