Gayle's Blog

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Annexation plans divide Twin Cities

The following article appeared in The News Star online edition on 6/23/08.

As I see it, there are dramatic differences in philosophies of the 2 mayors. I don't think either mayor is wrong; they have different visions for their cities.

Yes, there has been explosive growth in West Monroe, both residential and commercial. But, let's face it. There was plenty of room to grow residential areas and a great need to grow businesses.
 
Monroe had little residential growth 20 years ago, but that has changed. More and more subdivisions are springing up in areas that we thought were built out. That's a good thing!

I wish the bickering about which side of the river is a better place to live would STOP! The quality of life in the Twin Cities is good. We should remember that, and encourage people from all parts of the US to become our neighbors. Let them decide which side of the river is most attractive to their lifestyle. The topography of the area is different as well, and will sometimes have a great impact on one's decision.

If you're looking for a home on either side of the river, please contact me or visit my websites
http://WestMonroeRealEstate.com or http://GayleCausey.com  for information on both communities.

Gayle Causey, 318-614-5615
Keller Williams Realty
Monroe, LA USA

 

Monroe's Mayo looks to grow while expenses, revenue concern Norris

West Monroe focuses exclusively on commercial growth to generate tax monies and shuns residential annexation because of the expense in public services.

In stark contrast, Monroe actively seeks the annexation of new residential areas to maintain its designation as an entitlement city, which increases the federal population-based funding.

It's just one of many differences in philosophies between the cities.

"It's a business decision," said West Monroe Mayor Dave Norris. "We never pursue anybody for annexation."

West Monroe officials look at two aspects of any commercial or residential annexation request before considering approval to bring the property into the city, Norris said.

Utility reviews are done to determine whether the city can provide a property with water and sewer services, and the impact annexation would have on the city fire insurance rating also is considered.

As far as Norris is concerned, annexing neighborhoods is a drain on city coffers.

"We already try to keep water and sewer and garbage collection fees as low as we can keep them," Norris said. "And when you take in more people, you're adding in cost without adding in enough revenue to cover it.

"Cities also spend money building and maintaining the streets," he said

Unlike West Monroe, Monroe has publicly welcomed annexation of Ouachita Parish neighborhoods.

Monroe's effort to bolster its population began in 2006 when Mayor Jamie Mayo announced an initiative to provide more housing opportunities in the city. Its estimated 2004 population was just above 52,000. If the population drops below 50,000, Monroe stands to lose about $1.3 million in federal community development and housing grants. "If we don't keep that status, we could also lose federal airport monies and transit system monies," Mayo said. "It's an investment to solidify our status as an entitlement city."

Following the 2006 initiative, Monroe annexed the new Belle Pointe subdivision in the River Oaks area that brought dozens of additional homes into the city. However, the planned annexation of a second subdivision in southern Monroe - the Beouf River subdivision, which has 60 occupied homes - never came to fruition.

Problems in annexing a residential subdivision are numerous, according to Monroe Director of Administration David Barnes. Though the city gains some property taxes and revenue from water, sewer and garbage collections, costs include street maintenance and providing fire and police protection.

"It's a two-way sword," Barnes said.

Although Monroe officials conduct a cost-benefit analysis on all proposed residential annexations, they know it's a delicate balance.

"Sure, it's going to be an expense to annex, period," Mayo said. "But you have to weigh which is worse: annexation expense or the chance you take falling below the 50,000 population mark and the amount of entitlement funds and status you lose.

"It's not my goal as mayor to have a city necessarily that's 100,000. But I feel we would be very comfortable with 60,000 population."

By Robbie Evans • revans@thenewsstar.com • June 23, 2008

0 commentsGayle Causey • June 23 2008 11:35AM

Affordable home in Kiroli School Area

$105,000!

134 Lisa Lane
West Monroe, LA 71291

Attractive 2BR/2ba, split-level home in good condition.  Smooth top stove, dishwasher, ceramic tile countertops. 2 closets in each roomy bedroom. Approx. 1415 htd. sq.ft. New living room carpet installed May, 2008; central H/AC in 12/2007. Yes, that is a REAL claw-foot tub in the hall bath!

Wonderful deck for relaxing and enjoying the quiet surroundings. Back yard is adjacent to woods. There is a detached 2-car garage with extra storage area.  This is a real bargain at $105,000.

   

Skylights in dining area allow dinner under the stars every night!

    

Smooth top stove, dishwasher, ceramic tile countertops.

 

 

    

 

You can see more pictures at http://WestMonroeRealEstate.com
or call me for a tour.

Gayle Causey
318-614-5615  Gayle@GayleCausey.com
Keller Williams Realty
1390 Hudson Lane, Monroe, LA USA 318-812-7653

 

0 commentsGayle Causey • June 13 2008 10:54AM

Sellers--Do you know about Property Condition Disclosures?

With so many people offering their home for sale by owner, everyone needs to know about the Property Disclosure that is REQUIRED BY LAW in the state of Louisiana. If you have just one "AH-HA!" moment, then reading this was worth it.

1. Do I HAVE to fill out a property condition disclosure in LA? YES! Disclosure is required for all residential real estate. There are a few exceptions such as when the property is involved in settling an estate or foreclosure. Disclosures are required even when the home is for sale by owner. 98% of all residential real estate requires the standard form of property disclosure mandated by law.
2.  What should I (as a seller) disclose?  Everything!  If there is a doubt in your mind, disclose it.
3.  What if the property is offered for sale AS-IS?  You still must disclose all you know about the property.
4.  As the buyer, I rec'd a copy of the disclosures. Should I share this with the home inspector?  Absolutely!  More information about the home is valuable to you AND the inspector. He can then verify recent installations, know when something is old and should be checked, or pay particular attention to areas of concern such as an old leak that was repaired.

Buyers, be SURE you have seen the proper disclosures required by law before you make an offer on any property. As your Realtor, I will make sure you know!

If you need more information, don't hesitate to call or email me.

Gayle Causey
318-614-5615
Gayle@GayleCausey.com

0 commentsGayle Causey • June 13 2008 10:34AM

Market cooling down

For the first time in several years, we are beginning to see the market in Ouachita Parish cool down a bit. When looking at a snapshot of residential sales for the months of April/May, homes have stayed on the market longer in 2008 than in 2007.

2007:
Number homes sold-289
Avg. days on market-108
Listings that Expired (Unsold)-10.43%

2008:
Number homes sold-210
Avg. days on market-129
Listings that Expired (Unsold)-14.50%

What does that mean for you? 

If you are a seller, you MUST price your house competitively the first day it hits the market. You cannot wait to "see what kind of offer we get."  Be ready to sell by having your home in top shape and priced realistically.

If you are a buyer, have your agent study recent sales. You must consider what has sold in the neighborhood in the past few months. You may be able to get a bargain, but don't count on it. Look at the sale vs. list prices to see what a reasonable offer would be. Don't insult a seller by offering $30,000 less than the asking price on a $150,000 house!

I study the market every day. If you need help understanding what is going on in the Monroe/West Monroe market, call, text or email me. I'm here to help.

Gayle Causey
318-614-5615
Gayle@GayleCausey.com
Keller Williams Realty
Monroe, LA 71201 USA

0 commentsGayle Causey • June 01 2008 02:40PM