The amount guaranteed is subject to negotiation between the FDC and the lender. loan guarantees per year and target an average guarantee amount of $250,000 per transaction. â¢ Term: The maximum guarantee term is seven years, and the average term is about three years.
In New Iberia, LA the median home price is $103,400 and $40,117 is the median household income. As a result, the home price to income ratio in New Iberia, LA is 2.6x, which is 17% lower than the Louisiana average.
However, the market began to cool afterwards. Home prices dropped to an average $76 per square foot in 2011, down from $86 in 2010. The number of sales in the parish increased by six percent, from 222 sales in 2010, to 236 last year.t. John's 12 percent drop in the price per square foot between 2010 and 2011 follows a sharp rise after Katrina heavily damaged much of the New Orleans area's housing stock, while leaving St. John and St. Charles parishes relatively unscathed.