Thursday, July 12, 2007

Try Out a Supper Club

You feel like going out to dinner but don't want the evening to end there. And going to a movie doesn't quite offer the interaction you want with your date. How about going to a supper club for dinner and dancing?

Where, you ask?

Well, Primo's Steak & Louisiana Cuisine, here in Baton Rouge, has announced it is now offering dancing beginning at 9pm Wednesday through Saturday nights. Noting the over-40 crowd isn't into "clubbing" but is looking for late-night entertainment, Primo's will be playing standard and pop tunes spanning the 40's to the 80's.

Primo's General Manager, Matt Merchant, took note of how busy Sullivan's Steakhouse has been and saw the market potential.

And How About This for an Evening Out?...

I can't say it better than the way it's written up by Country Roads Magazine:

Forum 35's sizzling summer juried art exhibition is in the wings again, promising to bring cutting-edge contemporary art together in the capital city for a fourth time. Last year thousands turned out for this event, drawn by the promise of fresh, challenging new artistic expressions by those who will define what contemporary art in our region looks like in years to come.

This year, The Art Melt looks like spilling out of the Shaw Center, to fill not just the Brunner Gallery, but also the Lyceum Dean Building (Third Street) with juried art, hors d'oeuvres, live musical entertainment, and performances by many big names in the capital city's performing arts arena—Baton Rouge Ballet, Swine Palace Theatre, Baton Rouge Symphony, Of Moving Colors Productions, and Baton Rouge Little Theater.

Admission is free; a cash bar keeps things lubricated; and should you feel compelled to take a little piece of Louisiana's visual arts future home with you, all included artwork will be for sale, with proceeds to benefit the Community Fund for the Arts and its member organizations. 7 pm–10 pm, downtown. All works will remain on display at Brunner Gallery through July 21. (225) 281-2032 or http://www.artmelt.org/.

Monday, July 2, 2007

What Direction are Baton Rouge Home Values Going?

If I'm asked anything as a realtor, I'm asked what I think about what direction the local housing market is going in terms of value. My answer is always positive because from what I see in the market, the Baton Rouge metro area simply isn't feeling the pinch being experienced elsewhere in the nation.

The forecast for home prices going up in Baton Rouge is milder, though, at 4.1% when compared to other Louisiana markets. That's largely due to the fact that Baton Rouge home prices have rallied substantially ever since Katrina, perhaps in greater measure than the rest of the state. Click HERE to see a current forecast of the various Louisiana markets along with analysis.

People I talk to still have the jitters that the impact the housing market nationwide is going to create a domino effect for Baton Rouge. But the folks at HousingPredictor.com seem to think that the U.S. has already turned the corner on the softening housing market. According to that website:

The tide is turning and the worst may be over in the national housing market slowdown, according to the latest assessment by Housing Predictor. The real estate slowdown experienced in the majority of the U.S. is signaling a change.

Housing Predictor continually updates its more than 250 local housing market forecasts in all 50 states, and at least 18 states now have housing markets that are appreciating, many with increased sales volume as a result of lower prices than in 2006.

Overall 56% of the nation's housing markets are appreciating or have stabilized, according to the study. Ten states are experiencing markets that are stabilizing.


Just in cases you were wondering, Louisiana is indeed one of the 18 states in the nation with appreciating values. To see just what HousingPredictor.com is saying about the state of the nation's real estate market, click HERE.