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.
The price of a standard condominium rose an average of 7.8 per cent to $289,000 while the standard two-storey home average rose 7.5 per cent to $441,825.The average price of a detached bungalow rose 7 per cent to $465,000.Even though year-over-year inventory has increased, there still isn't enough listings to meet demand, said Royal LePage area manager and broker Heidi Noel.Homes that are well-priced do not last long on the market..he average price of a detached bungalow rose 7 per cent to $465,000. Even though year-over-year inventory has increased, there still isn't enough listings to meet demand, said Royal LePage area manager and broker Heidi Noel. Homes that are well-priced do not last long on the market..