Spring Market Tips for Homebuyers and Sellers
LOUISIANA REALTORS • March 23, 2018
Spring has arrived.  And, after a colder, snowier, and icier than normal winter across Louisiana, the temperature isn’t the only thing that’s heating up.  The real estate market is ramping up for home buyers and sellers alike.  Here are a few things to help navigate the spring market whether you are buying or selling your home.
 Use a REALTOR®
No matter if you are housing hunting or putting your home on the market, the experience and expertise of a REALTOR® is invaluable.  From helping you find your next home to getting yours sold quickly and for the best price, their skills and resources will be put to work for you.
 Pay attention to mortgage rates
Whether you are planning to buy or sell, a mortgage 
may be in your future.  After years’ of historically low rates, they are on the rise.  Rates have increased in 9 of the 10 weeks so far through 2018.  Currently, a 30-year fixed rate mortgage is 4.58% (according to Bankrate.com).
 Inventory is expected to be up
The number of homes for sale in Louisiana is expected to increase throughout the year.  As supply catches up to demand, it’s important to take the necessary steps that will set your house apart from the rest. Landscaping, repairs, paint, etc. all make a huge difference when it comes to curb appeal, especially as buyers have more options.
 Know the market conditions
Currently, in Louisiana, the median listing price is $200,000.  Of course there a lot of factors that go into these values beyond just the home.  Schools, infrastructure, location, amenities, convenience, etc.  Your REALTOR® 
will be able to help your determine both a fair asking price if you’re selling, and a fair offer if you’re buying, based on all of these conditions.
    
 
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Louisiana REALTORS® wraps up 2025 and looks forward to 2026!                                                                                                            Louisiana REALTORS® gathered in Baton Rouge from October 7–8 for the 2025 Fall Governance Meetings, a dynamic two-day event filled with professional development, strategic planning and member engagement.                                                                                                                         The day before the conference offered the conclusion to the 2025 LR Leadership Program with participants graduated from the yearlong program after a half-day session. The 2025 graduates include:                                              Torri Byrd, Shawn Carter, Bradley Cook, Stefany Deroche, Mignon Richard Díaz, Alfra Dixon, Thaddeus Dixon, Glen Elliott, Yvonne Graham, Charlotte Johnson, Michelle LaBanca, Slagle McGuffee, Ellen Monroe, Matt Noel, Ros Pack, Tiffany Pellerin, Latonia Riggs, Shannon Rodi Nash, Trish Skellham, Rebecca Slone and Charlotte St. Romain.                                                                                                                         Additionally, a sold-out, full-day AI-Powered Real Estate Professional Certification course led by industry expert Matthew Rathbun blew away attendees and had them leaving the session with such invigoration.                                                                                                                        The first official day of the conference held focus on professional development and networking. Tuesday opened with an informative session entitled Professional Liability 101 from Rice Insurance Services Center, offering critical insights into E&O and risk management. RPR's session brought a wealth information to attendees and offered a hands-on learning experience for the tools offered online. Targeted sessions like the Local AE Meeting and the YPN Advisory Council Open Meeting provided space for peer exchange and innovation. The day concluded with a festive Opening Reception sponsored by Louisiana YPN, bringing members together to celebrate and connect.                                                                                                                         The next day offered collaboration and celebration with Closing the Affordability Gap, presented by the Louisiana Housing Corporation, equipping REALTORS® with tools to better serve clients in today’s market. Regional caucuses followed, allowing members from across Louisiana to discuss local issues and share best practices. The Board of Directors Meeting brought the governance portion of the event to a close with strategic decisions for the year ahead. At the Board Meeting, Chris Brock, Northeast REALTORS® of Louisiana; Trish Leleux, Greater Central LA REALTORS® Association; Synde Devillier, Bayou Board of REALTORS®; Scott McCubbin, Bayou Board of REALTORS®; Amber Morrow, Greater Fort Polk Area REALTORS®; and David Moses, Greater Central LA REALTORS® Association; were elected as 2026 At-Large Directors.                                                                                                                        The grand finale? A spirited LSU Pregame Fan Experience and the highly anticipated Installation Ceremony, where new leadership was formally welcomed in a celebration of community and commitment.                                                                                                            Louisiana REALTORS® looks forward to hosting REALTORS® from around the state at the Winter Leadership Conference, March 3-4, 2026, at the Live! Casino & Hotel in Bossier City.                                                                                                                         We would like to thank our sponsors                                              Greater Baton Rouge Association of REALTORS® (GBRAR)                                               ,                                              Zillow                                  , Dax Roy Appraisals, Supra, American Home Shield, Guard Home Warranty fo                                  r their generous support in helping make this conference happen!
 




