In many parts of Orleans Parish the housing market is really hot and moving fast. There is a shortage of inventory and many buyers are attempting to buy homes that have multiple offers. Buyer’s that do not have cash and need a mortgage are at a disadvantage. Offers are often coming in over asking and…
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This past Sunday in the local newspaper, the Times Picayune, ran an article in the Real Estate Section about how to make an offer and not to make low offers because sellers might get insulted. Dear Mr. Seller please keep the emotion out of it. A buyer who is placing an offer on your home…
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Currently there are 49 active single family homes on the market in the Uptown area of New Orleans. During the month of April, 2012 15 properties sold. There is an absorption rate of 3.5 months in this area and that indicates a strong seller’s market. This area is experiencing what is being reported around the…
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As of today there are 142 active single family properties on the market. Of these properties: Average 4 br’s, 2 baths with 2675 square feet. Average listing price is $552,191 and to date 128 days on market. Median 3 br’s, 2 baths with 2277 square feet. Median listing price was $404,500 with 86 days on…
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The Freret Market was started in 2007 and consists of food, art and flea markets. There is a kids area. The market has 90 vendors, pet adoptions, and free live music. There is free parking. On November 5th the Lagniappe Brass Band will play with the Ten Men at 1:45 and The Help at…
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