Kerry Friestad

Just announced this week, the Air Force has picked Barksdale AFB as the future home for the newly formed Global Strike Command. Barksdale AFB is located in Bossier City in southern Louisiana. Bossier City and Shreveport are two cities that make up one good sized metroplex. The Red River runs between Bossier City and Shreveport. The Global Strike Command will bring temporary jobs now and should bring close to 1,000 permanent jobs to Barksdale Air Force Base. The housing market in Bossier City and Shreveport have remained strong even though most of the rest of the country has seen some decline. Global Strike Command bringing 1,000 jobs to Bossier City will mean that the housing market will see a lot of action as well! Now is a great time to purchase a home near Barksdale Air Force base because interest rates are low. Military personal that are being assigned to the Global Strike Command have a great opportunity to purchase homes in Bossier City and Shreveport with the super low interest rates. It is also a great time for first time home buyers to make that home purchase with the incentive the Government is offering! Friestad Realty is the real estate company in Shreveport Louisiana that is prepared to help the military community relocate to Barksdale Air Force base. To begin the home search in Shreveport and Bossier City, go to www.FriestadRealty.com. If you are being assigned to the Global Strike Command, you can search all the homes for sale in the Shreveport and Bossier City area. Friestad Realty is a family owned real estate company that is dedicated to the success of helping members of the Global Strike Command find that perfect home.

It's been a few months since the Haynesville Shale shook up the real estae market here in Northwest Louisiana. As I suspected for a little while there, buyers wanted the mineral rights and sellers didn't want to convey them, deals would fall apart over the mineral rights, and sellers were not coming off their asking prices. But I do believe that an understanding is settling over our market with the help of the many great real estate agents out there. Buyers are accepting homes without minerals and sellers are lowering their prices to attract the buyers.

I have had the priviledge of seeing buyers and sellers split the mineral rights. Which is a very fair way to go. Splitting the minerals has become an attractive tool in selling homes that were difficult to sell or ones that have a lot of competition. The future royalties from potential mineral leasing is very alluring. I like the splitting idea because both parties win. And I like it when everyone walks away happy.

Unsure of how the real estate market will respond in the coming months and years to all the economic chaos? My advice to to my investor clients and those who are scared of the stock market is to buy investment rental property and hold it until the economy shows signs of a revival.

As our real estate market returns to the traditional loan practices of requiring substantial down payments in order to buy a home, the need for rental properties will increase dramatically, not to mention the length of leases. The best purchases will be homes that can be leased out for between $700 and $1200 a month and provide positive cash flow to the investor. Most folks would rather live in a house with a private yard than in an apartment. Most good apartments lease out on average between $700 and $1200 per month. Take advantage of the abundance of repossessed homes. Be prepared to make some repairs on these homes.

My borker and I specialize in repossessed homes here in Northwest Louisiana, with the majority of the homes we list and sell in Caddo and Bossier Parishes. We also manage rental properties for our clients.

There will always be a need for housing and that is what makes rental property a great investment. Especially during these times of layoffs and business bankruptcies, many homeowners may find themselves becoming tenants. So stick with affordable housing for the best outcome, stay witthin the ranges that the middle class working citizen can afford.

With all the negative news about a housing slump, home values dropping and the mortgage industry falling apart, the city of Bossier City would not know that any of the aforementioned things are happening. Bossier City is experiencing unbelievable growth and subdivisions are being built all over North Bossier City. Down in South Bossier City home values are very stable and the schools all over Bossier City continue to capture high marks. If you are thinking of moving to Shreveport or Bossier City, I would love to help you find the perfect area, the right home at the right price. Bossier City is home to cool new gated communities like Oak Alley where the wealthy feel secure in the tight little high priced neighborhood right off I-220 where the average sales price is probably pushing over $500,000. I recently noticed a home for sale for over $1.3 Million. For our cities, Shreveport and Bossier City, that is pretty expensive. The average price per foot in Bossier City is probably $115 a foot, where in Oak Alley some homes are currently listed for over $200 a foot. If you would like to search homes in Bossier City, wander over to www.bossieragents.com or www.shreveportagents.comand Kerry Friestad would love to help you find the perfect home for you. You can call Kerry Friestad at 318-210-8429.

We look forward to serving you soon!

I am so blessed to be part of a new company in Shreveport and Bossier City Louisiana that cares more about the client than it does about the money. Keller Williams recently opened an office in Shreveport and Bossier City Louisiana and being my first year in real estate I had the opportunity to be a part of this awesome company and learn what CULTURE really means. In my first six months of real estate I have closed about 10 transactions and have met so many nice people. The Real Estate market in Bossier City is very stable and it a wonderful time to buy a home! Selling or Buying, Shreveport and Bossier City are two cities that have not been touched by the feared downturn of the real estate market. If you are looking for an awesome team...my husband Scott Friestad and I are here to assist you with all the details of a real estate transaction so that you can have a stress free buying or selling experience. My husband who is one of the founders of Keller Williams Northwest Louisiana is really good at helping sellers get top dollar and sell fast. In the past six months I have figured out that I love to work with buyers and help the buyer negotiate the best price! Visit us on-line at www.bossieragents.com or at www.shreveportagents.com.

We look forward to the awesome growth of both our new company, Keller Williams Realty Northwest Louisiana and the incredible growth our two cities, Shreveport and Bossier City are experiencing.

I look forward to helping you if possible.