What Can Home Sellers Expect in 2020?
Louisiana Realtors • December 31, 2019
Selling your home is a big decision and the success of the outcome of this transaction is based on a number of variables.  Market conditions, the economy, and more all influence the amount of time that a “For Sale” sign stays in your yard, as well as the figure on your check at the closing table.  So as we enter not only a new year, but a new decade, what can you expect if 2020 is the year you decide to sell your home?
Mortgage Rates Will Decrease
While you may not consider falling mortgage rates as a variable that impacts the home selling process.  But this is a condition that can work out in your favor.  Buyers will be motivated by low interest rates, meaning they could make you an acceptable offer sooner rather than later.  Working with a knowledgeable, professional REALTOR® can help you gauge your expectations in terms of both asking price and a selling timeline.  
Home Prices Will Increase
Obviously the sale price of your home is a major, likely the most important, result of selling your home.  The good news is that for the past several years home prices have been on the rise.  While the increase has sagged year-over-year, it is an increase nonetheless.  This means that you can capitalize on a higher asking price than you may have thought.  However, this environment of higher prices can quickly exceed many buyer’s budgets.  Leveraging the experience and expertise of a REALTOR® can help you find a balance between a lucrative and competitive asking price that won’t leave your house on the market for months.

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!
 




