In a disturbing new finding from the American Enterprise Institute (AEI), the risk of purchase loan defaults under stressful economic conditions hit an all-time high in April. The "flash release" put out on Monday showed the National Mortgage Risk Index (NMRI), climbed to 11.89 last month, meaning that nearly 12 percent of loans would be at risk of...
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Derbes Falgoust Commercial Real Estate
Baton Rouge Real Estate More commercial and residential projects in East Baton Rouge Parish received permits to proceed last month compared to the same period last year. According to new figures out from the city-parish Department of Public Works, a total of 64 commercial projects received permits in May, up from 60 last year. Residential permits, ...
It's a market situation that gets real estate professionals excited: As supply and demand begin to converge, deals happen quickly and prices start to rise. The market for industrial space is approaching that point in parts of greater Baton Rouge as big plant expansions generate the first ripples of new business activity. "Demand is extremely high,"...