Lafayette Real Estate Video Blog with Robbie Breaux

How we helped Crystal with her real estate needs by always being available

They were really great. They did everything for us and was always there when I called or texted. They were always available whenever I had a question.

Lafayette Real Estate Market Update for July 2014

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Lafayette Real Estate Market Update for July 2014

We have just passed the midway point of the year and thought it was a great time to give you the latest market update on what's going on in the Lafayette real estate market. June's numbers are pretty similar to what they were in May, particularly in closed residential sales. Here are a couple of quick stats:

Closed residential sales for the first 6 months of this year are down about 3% compared to last year
However, dollar value is dead even to where we were in June last year. When you compare it to 2012 numbers, it's up by 23%
Pending sales have jumped up 15% from last year. The market is really starting to heat up this summer. There are a lot of people out there looking to move homes before school starts.
We also have noticed and uptake in new listings. There are 26% more of them than at this point last year.
The average sales price in Lafayette is up $7,000 to $217,000. The median sales price is also up this year, to $189,000
Interest rates are still rocking in the low 4%'s. Our preferred lenders are aggressive with keeping that rate as low as possible.

If you have any questions or are looking to buy or sell a home, we would love to talk with you to go over all of your great options in this market. We look forward to talking with you soon!

Robbie Breaux Reviews Drew Johnson

"Originally we had our house on the market with another Realtor for about 8 months with no results. We decided to lower the price and put it on the market as for sale by owner, which was a nightmare, and still had no results. After contacting Robbie, we felt very comfortable with him and he gave us a list of things we needed to do in order to sell our home. We did everything and on the first day back on the market we had 2 offers, both for full price. He hit a grand slam so I had a great experience with Robbie!"

Lafayette Real Estate Market Update for Summer 2014

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Lafayette Real Estate Market Update for Summer 2014

Thanks for joining me again. This time I want to give you a little update on the Lafayette real estate market. It's summer time and we are seeing a huge spike in activity in the real estate market. Here are some important things to keep an eye on in the near future.

Overall, the market is looking really strong. Numbers are similar to where they were at this point last year.
Supply is tight for buyers, so if you see a home you are interested in it is important to act quickly. The good homes are moving fast.
We have about a 4 1/2 month inventory in Lafayette, which is a pretty balanced number.
The highest percentage of increased activity we have seen is with Lafayette homes in the $300,000 + price range. Homes in this range have increased by about 28% in the past year.
Mortgage rates are also doing very well. Depending on your credit score, you could qualify for a rate around 4%. Those rates are fluctuating daily, so if you have questions about what kind of rate you could qualify for, let us know.

Feel free to give us a call if you have any other questions about the housing market or where it is headed. We would be thrilled to help!

How we helped Katie with her real estate needs by resolving any problems quickly

We looked all over for a home and found one with Robbie Breaux & Team. It was a really great experience! After the inspection, any problems we had he would send someone over to fix it with no questions asked. It was really helpful and we appreciated it!

Robbie Breaux Reviews Sara Trawick

How we helped Sara buy a home with our great market knowledge

I really enjoyed everything about my home buying experience. Robbie made everything easy. He was so professional and has great market knowledge. Every interaction was so amazing that there’s not one thing I would change.

Minimize Stress in the Home Buying Process by Becoming Pre-Approved!

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Minimize Stress in the Home Buying Process by Becoming Pre-Approved!

One of the most common questions I receive from buyers is in regards to the importance of a pre-approval letter. The importance of this letter is two-fold:

From a seller’s point of view, a seller is more likely to trust a buyer that is pre-approved. This is understandable – most sellers don’t know who you are or what your history is. When presenting an offer, it is almost mandatory that a seller would want reassurance in order to take your file seriously.
From the buyer’s point a view, I like to prepare for the worst and hope for the best. Buyers need to keep in mind that despite their great credit score, there are programs that will ding your percentage rate if you have a 739. I know it’s an amazing score, but just be aware that this could happen. Also keep in mind that our preferred lenders can get you the best possible rate available for you.

I’ve had instances where two separate buyers had similar names; the one buyer had many derogatory remarks on their credit while the other buyer didn’t. This wouldn’t have been an issue if the buyer with the good credit had become pre-approved. The seller simply glanced over his name. Take the 5-10 minutes to sit down with one of preferred lenders to become pre-approved - they do a great job at putting you in the best position possible.

If you have any questions, feel free to reach out to me by phone or email. Thanks and have a great day!

Lafayette Market Update: Sellers Need to Take Advantage of a Fast-Paced Market!

The first two months of 2014 are almost identical to what numbers were like this time last year – which was the best year that Lafayette has ever seen. The market is currently swinging in favor of the sellers in which properties are moving fast and for high values. We are also noticing an influx in properties and this is something sellers need to take advantage of.

With the influx of inventory, buyers will also have more homes to choose from versus last year when there only a limited amount. Our current inventory levels remain at around 4.5-5 months and interest rates continue to hover around 4-4.5%, which we hope will stabilize as the year continues. Our average sales price is holding steady at $207,000 in comparison to $209,000 at this time last year. This change could be attributed to fewer higher price point homes selling. Overall, the market is rocking and is proving to be great for both buying and selling.

If you have any questions or are looking to buy or sell, feel free to give me a call or send me an email. Thanks and have a great day!

Why is it important that you price your home accurately?

Why is Accurately Pricing Your Home Important

Today I wanted to speak with you about the importance of pricing your home properly. We are finding that one of the hazards of our busy market is that sellers are trying to take advantage of the “beefed up” market; they are typically pricing their home 15-20% higher than what everything else is selling for. For people who are trying this strategy, I wanted to caution you the longer a property sits on the market, it becomes stale. When a home becomes stale, buyers typically wonder if there is a problem with the property.

As your home sits on the market and becomes stale, buyers begin to repeatedly see your property come up online and wonder why everyone is passing on it. They wonder if there is something they don’t know about the home or if there is something that needs to be done with the house. These reasons are we go through the technical process of crunching the numbers for you and avoiding the market analysis that the average agents are performing.

We have our detail dialed into national, parish, subdivision and street levels because they all come into play when pricing your home. Since your home isn’t the center of the universe, we want you to be aware of everything that is happening around you. Now that the holidays are over, we’re beginning to see a rush of people listing their homes. It is a great time to list your home now that buyers coming off the fence from the holiday season. Buyers are ready to move!

If you’re interested in selling your home, we would love to speak with you. Please call us at (337) 267-4099 or email us at info@robbiebreaux.com; we would love to hear from you. Thanks and have a great day!

Lafayette is a seller's market - List your home to get top dollar and a short waiting time

Today I wanted to answer one of the most popular topics and that is the state of the current market. Before I get started, I wanted to let you know about a free service that is available to everyone. For buyers, we offer a free home search that has every available home on the market for viewing at www.searchhomesinlafayette.com. If you’re a seller, we provide a free home valuation tool at www.mylafayettelahomevalue.com.

For the state of the market, we are currently in a seller’s market with a 3.9 month’s supply of inventory. The market sweet spot appears to be in the $150,000-299,000 range where 60% of home sales have been. That price range is experiencing a 3.5 month supply of homes with properties selling very quickly. If you’re a buyer and are looking at a home, there are multiple people looking at the same property so keep that in mind when you’re out looking. We are also advising sellers to be competitive with other properties on the market. This means you won’t be able to get away with an exorbitant increase in price as you have experienced a few years back.

In other news, Lafayette has been ranked best mid-size city and best city in the South by Area Development. You can view this article here. Congratulations Lafayette! If you or anyone else you know is interest in buying a home, please give us a call or send us an email. Thanks and have a great day!

Subscribe to: Comments (Atom)

Meet Robbie Breaux & Team

Simply put, my objective is to get you the most money in the least time on your Lafayette home sale, and with the fewest hassles. I want to provide the best service in the industry. Period. I want to make you so satisfied that you listed or bought your home with me that you will gladly refer me to your friends.

Robbie Breaux

Robbie Breaux & Team

Van Eaton & Romero, LLC a Latter & Blum Company

2000 Kaliste Saloom Road Suite 101

Lafayette, LA 70508, US

(337) 267-4099

Info@RobbieBreaux.com

Licensed in the State Of Louisiana

Each Office Independently Owned & Operated

Robbie Breaux Testimonials

Click to hear recent
testimonials from happy clients

Sara - "I really enjoyed everything about my home buying experience. Robbie made everything easy. He was so professional and has great market knowledge. Every interaction was so amazing that there’s not one thing I would change."

Katie - "We looked all over for a home and found one with Robbie Breaux & Team. It was a really great experience! After the inspection, any problems we had he would send someone over to fix it with no questions asked. It was really helpful and we appreciated it!"

Drew - "Originally we had our house on the market with another Realtor for about 8 months with no results. We decided to lower the price and put it on the market as for sale by owner, which was a nightmare, and still had no results. After contacting Robbie, we felt very comfortable with him and he gave us a list of things we needed to do in order to sell our home. We did everything and on the first day back on the market we had 2 offers, both for full price. He hit a grand slam so I had a great experience with Robbie!"

Crystal - "They were really great. They did everything for us and was always there when I called or texted. They were always available whenever I had a question."

Melba - "The Robbie Breaux Team really kept me informed and it was a great experience. I actually had a couple of houses that fell through, nothing to do with the team but because I had been dragging my feet. They continuously found me more houses to look at which I really appreciated!"

Missy - "Our agent checked on everything for us. We lived about 3 hours out of where we bought the home and she would go over and take pictures to check on the progress of the home we were building. Any time we had questions, whether it was before hours or after hours, I could always count on an answer. They just went way above and beyond what was expected."

Frankie - "He sold my house and then were able to get me a new home very quickly. Robbie did everything above and beyond. He’s a good friend of mine and he did everything we asked of him and probably more than he had to in order to help us deal with our move and both of our real estate transactions."

Kimberly - "We had tried selling our home 3 times prior to working with Robbie and he had it sold within 2 weeks! We were thrilled! We had moved to Houston and the house we were selling was in Lafayette so everything had to be done over the phone or over one visit. We actually did paperwork so that he would be our power of attorney so we didn’t have to make the trip back when the house sold. He took care of all the paperwork and everything for us, which we really appreciated."

Chuck - "Everything was really good. We got our house sold in 3 days so we were pretty happy about that. We had to wait a little while to show our house so everyone on his team was very patient and did a good job. Robbie was very good with negotiating and getting things down quickly."

Ricky - "I’ve known Robbie for a while because he and my daughter are good friends. He sold a house for her so I decided to work with him. They responded to all my requests for open houses and pictures and he was also proactive at the end of the sale. I am very appreciative of all his help!"

Greg - "We had good results when we worked with Robbie Breaux and his team. They helped and gave us ideas and hints on how to make the house more appealing for curb appeal. It was a little touch up there, a little touch up here. Fix this, fix that, and I did most of it myself and it worked! The house was turned over pretty quickly!"

Kevin - "He sold my house fast, and he was able to help me find a house fast. He made it a seamless transition. He was very flexible. Even if it was after hours, he was always willing to meet us at any time. That was very helpful with our schedules."

Boyer - "We worked with them for about two and a half months. We were able to purchase a home that worked out well for us. Both my wife and I have hectic schedules and a small child. They were incredibly flexible with their schedules in order to help with ours, and that was much appreciated."

Bonnie - "My house sold to the first viewer. His team helped stage my home, and I think that’s why it sold so fast. He stayed in touch with me, and his team helped me with things over the computer that I wasn’t real familiar with, like e-signing. They were really accommodating and easy to work with!"

Laurie - "We had thirty days to sell our house, and we sold it in two and a half weeks! Everyone on the team was awesome, but I especially appreciated the work Amber did. I had a lot of questions, and she definitely went above and beyond by answering them all. Everything went well."

Candy & Gerald -"Whenever we wanted to look at a house, or if we needed to talk to our realtor on the phone, she was there! And I was touched that after we bought a house they gave us a gift card and a little present as a thank you for working with them."

Connie -"Everything went well! While we were moving Robin helped us sort out some minor issues, even though the house was already sold!"

Karl -"We purchased a home we wanted very much! Our realtor, Laurie Kramer was very professional. She kept us informed any way she could. Text, emails, calls, we always knew what was going on and at what point we were in the process."

Pages

We Specialize In These Lafayette Area Communites