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.
In the Lower Garden District and Warehouse District areas, prices grew by 15 percent, according to the report. St. Tammany home prices compared to pre-Katrina. In suburban areas, the average price of a home St. Tammany Parish was $223,338, or $104 per square foot, up 5.1 percent from 2012.cross the eight-parish metro area, homebuyers last year paid an average $222,440 for a house, $110 per square foot, up 3.9 percent from 2012. More than 11,160 homes were sold, the highest rate since the 12 months prior to Katrina, when more than 12,000 homes sold, according to the report.