Rod's Notes

Rod's Notes For Wednesday 08/08/12

Rod Noles Property Management, Inc.


Rod’s Radio Show Notes
August 8th 2012

Go to: and click on radio notes and sign up to have them emailed each week. If you know of someone looking for rental space, apartments, homes, retail, office or industrial send them to www.rodnolespropertymanagement.
You can participate in the show by calling 318-442-8255 (talk) between 8:05 and 8:55 on Wednesday morning.  Do not attempt to call Saturday this is our encore performance (fancy way to say taped).

Every Deal has a Tale / Tail:
KCV Outparcel, LLC (109 North park Blvd., Suite 300, Covington, LA 70433) to Price Co Development Corp. (7929 Hwy. 3128, Pineville, LA 71360) - 1.685 acres in sec 36, T5NR1E, $107,000.00. Parcel size was 1.685 acres = $1.46 psf
Louisiana Rockwell, Inc. Thomas Wilson (1330 Jackson St., Alex., LA 71301) near the corner of 13th street and Jackson to HDJones Properties, LLC David Joones young attorney in town. (2319 Marye St., Alex., LA 71301) - Part of Lot 3, Sq 34 1/2, Jackson St. Subd., et al (1330 Jackson St., Alex., LA 71301), $255,000.00
Nice when you can arrange the sale of existing home same day you buy another. Mary Jo Mansour once did 4 deals back to back that depended on each other. Happen twice last week with Merrill and Debevec, if you were the Realtor involved call and let me know how you managed this.
Wendi C Vermaelen (44 C Bryant Road, Deville, LA 71328) to Jason K & Ashley M Merrill
Ashley B Merrill (99 H Bryant Road, Deville, LA 71328) to Sidney E Woolf, Jr. & Clara C Woolf
Thomas B & Nancy H Melder to Daniel L Debevec
Daniel L & Stacey C Debevec  to Thomas B & Nancy H Melder
Acreage Sales:
Khamou I Souriya, et al (5 Nursey Lane Road, Forest Hill, LA 71430) to Jose T Rubio (P O Box 572, Forest Hill, LA 71430) - 11.405 acres in Sec 3, T1NR3W (41 Gunter Egg Farm Road, Glenmora, LA 71433), $28,000.00
Bartley Wright, et al (6176 Impatiens St., Ellettsville, IN 47429) to Paul M & Erica J Saucier (7 Nichols Road, Boyce, LA 71409) - 40.52 acres in Sec 5, T1NR3W, $68,000.00
Alice F Dixon, et al (28 Strother Crossing Road, Glenmora, LA 71433) to Raymond Tucker, Jr. & Heather R Tucker (972 Hwy. 461, Glenmora, LA 71433) - 9.07 acres in sec 6, T1NR3W, $1,000.00
Construction Contracts Recorded:
City of Pineville to Rylee Contracting, Inc. - Manhole rehabilitation in the Bayou Marie & Cedar Lake Basin, City of Pineville, $315,011.14
City of Alexandria To Progressive Construction Co., Inc. (P O Box 11594, Alex., LA) - Bolton Ave. Core Zone Enhancements, $1,509,147.45
England Airport Authority News:
Kenneth & Margaret Rodenbeck (4713 West Garden Blvd., Alex., LA 71301) to The England Economic & Industrial Development District - 1.110 acres in Sec 10, T4NR2W, $50,000.00
Kenneth & Margaret Rodenbeck (4713 West Garden Blvd., Alex., LA 71301) to The England Economic & Industrial Development District - 1.37 acres in Sec 10, T4NR2W, $28,301.00
Sandra Rabalais (24 Elmus Paul Road, Deville, LA 71328) to The England Economic & Industrial Development District - Part of Lot J, Bayou Grosse Park Ext. # 2, $135,300.00
Harvey & Sharon Guillory (320 Moss Point Dr., Boyce, LA 71409) to The England Economic & Industrial Development District - 1.268 acres in Sec 13, T4NR2W, $150,000.00
Sherry A Nugent, et al (300 Moss Point Dr., Boyce, LA 71409) to The England Economic & Industrial Development District - 6.85 acres in Sec 13, T4NR2W, $160,000.00
People not Properties:
Elaine Setliff incoming president for Central Board of Realtors will be our guest this morning.  Elaine’s mom Mrs. Fuqua  is a regular listener.
Richard Cecil new Regions City President, position has been open since Martin Johnson resigned.
Warren Morris played baseball in Atlanta Olympics, who remembers where USA place in metal count in baseball that year?
Edward DeMarco head of Fannie Mae and Freddie Mac said no to “Foreclosure prevention” plan that would allow principal reduction for people under water on existing mortgage. If Timothy Geithner is so hungry for principal forgiveness go his his on agency FHA which has 720,000 mortgages that are three months past due.
Ed Pebbles and his wife Patty founded local Shipley Donuts and later expanded into Exxon gas stations. Community leader and quiet the character.
Correction From one of our Listeners:
Ed Pebbles was a fine person that came to Alex with a radio station and married Patty Pool from Lecompte.  Bill and Bobbi Sovia started the Shipley Donut Shops in La. Bobbi died years ago and Bill sold most of the Shops to Ed.  Bill and Bobbi lived on Southampton and Bill just died about a year ago.  He had just sold the last Shipley Shop in Natchitoches not too many years ago.  They had one daughter, Susan Sovia Patty. When they were getting started, I met the Shipley’s and sons from Houston Texas.
Announcements, Attachments and Travels:
Sunday night October 7th against the San Diego Chargers and Saints game I need these for our son. Anyone have tickets they are not using give me a call.
(+5) Rod’s economic indicator perfect score is 5:
When top rating of 5 appears week after week I will share with our audience, that “Green Shots” is here and recovery is in full swing.
Legal Recorder Data:
Five business days from July 30th through August 3rd
(1)Total of 40 closed deals for the week has positive score
(2) At least one new home sale for the week has positive score
(3) At least one subdivision lot sale for the week garners positive score
(4) Number of lender sales in market place is less than 5% of the total market sales for the week.  
(+1.25) Total Weekly Volume
 During 5 business days of last week the market gave 55 sales through Thursday volume of $6,955,695. The largest sale was home in Tennyson Oaks $600,000 smallest sale $1,000 for 9 acres in Glenmora
Lot Sales:
To rank positive score need one sale market gave us
John Rodth has submitted plans to RAPC for extension of all streets connecting to Versailles and will be selling lots, not building homes.
V&V have plans for final 24 lots in West Pointe and then they are out of land for subdivision expansion on existing developments.
(+1.25) New Home Sales:
 looking for one new home sale for positive score and market gave us just that.
D & J Development of Louisiana and Arkansas, LLC (P O Box 1719, Tioga, LA 71477) to Billy J & Ella R Smith (117 Clubhouse Dr., Woodworth, LA 71485) - Lot 9, Belle Chase Subd., $205,000.00
(+1.25) Lender Sales as a Percent of Total Sales:
Rates positive score if lender sales are below 5% of total sales, this week market gave us two sales which totaled $172,000 / $6,955,695 = 2.48% for positive score this week.
The Bank of New York Mellon to Emogene C Cox (331 Bush Ave., Alex., LA 71301) - Lot D & part of Lot 5, Sq 6, Hillcrest Addn. (331 Bush Ave., Alex., LA 71301), $134,000.00
Federal National Mtg. Assoc. to Bino Real Estate, LLC (107 Hospital Dr., Oakdale, LA 71463) - Lot 36, Pringle Subd., Ext. 2, $38,500.00
Interest Rates:
30 year rate was 3.64% this week is 3.57%, the 15 year rate was 3.00% this week it is 2.97%, the 5/1 ARM was 3.03% now 3.08%.

Forbes Magazine reports Alexandria, Louisiana ranked as the 25th best place to retire in the United States.

Alexandria sits in the middle of the Kisatchie National Forest. Situated just south of Alexandria is Louisiana State University-Alexandria, a regional campus of LSU. The Southern Baptist-affiliated Louisiana College is also located nearby. Within the city is the Garden District, containing many large historical homes and brick roads. As Alexandria is at the cusp of Cajun culture's extension to the north, the city recognizes Mardi Gras as an official holiday, and is a major cultural festivity. Other points of interest include Alexandria Zoological Park and Cotlie Lake and Indian Creek Recreational Areas.
At a Glance
Metro Population: 154,600
Major Industries: Health care, Agribusiness
Gross Metro Product: $6.3 B
Median Household Income: $42,287
Median Home Price: $94,100
Unemployment: 7.3%
Job Growth (2011): -0.2%
Cost of Living: 7.2% below nat'l avg
College Attainment: 16.8%
Net Migration (2011): -290

See more by visiting the following link:


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