Monthly Archives: January 2018
Suburbs Beckon Price-Conscious Homebuyers
First-time homebuyers priced out of Jefferson and Orleans parishes are increasingly setting their sights across either the Causeway or the Industrial Canal. New homebuyers priced out of New Orleans are increasingly looking in the suburbs and areas across the Industrial Canal and Causeway Bridge for brand-new quality houses. St. Bernard, for example, can offer new... Read More
Smarter Ways to Invest in New Orleans Real Estate
Whether you want to flip houses, own short-term rentals, or buy into a publicly-traded real estate investment trust, you can make money by investing into real estate — even if you’re new and can only invest under 1K. Real estate investment can generate additional income and help diversify your existing investment portfolio. There are different... Read More
What’s Often Overlooked at Home Viewings
The devil is in the details, so learn from others’ mistakes. Here are the things you should pay close attention to when viewing a home in New Orleans. Some home buyers fall into the trap of focusing so much on the big picture, such as affordable pricing and prime locations, that they overlook smaller issues... Read More
New Orleans Restricts Short-Term Rentals
Leasing Opportunities Increase; Home Sales Stagnate Addresses in New Orleans’ French Quarter are a lot more desirable today than they were in the 1940s, when Tennessee Williams wrote a play about a streetcar, two sisters, and a thug named Stanley. While buildings in the city center have remained mostly unchanged from the time Spain owned... Read More
Striking the NOLA Real Estate Iron While It’s Hot
6 Telltale Signs of an Up-and-Coming Neighborhood The most promising neighborhoods on the rise may not be the most hopping or the easiest to navigate — yet. Most cities have transitional neighborhoods that are destined and primed for remodeling and repurposing, but how do you find an up-and-coming neighborhood in New Orleans that’s poised for... Read More
Investing in the New Orleans Real Estate Market: Smart Move?
How the Greater New Orleans Area Is Attracting New Blood and Developing Local Sites If you’re looking to invest in real estate in the coming year, you must consider the promising New Orleans market. Home prices went up compared to the previous years, one-year appreciation rates exceed the national average, and property is affordable compared... Read More
Game-Changing New Orleans Construction
Uptown and downtown, east bank and west bank, riverside and lakeside, major construction projects are changing the face of New Orleans neighborhoods. For years, the lion’s share of New Orleans development energy was focused on Hurricane Katrina recovery. Now, some of the concepts developed during that time of new beginnings have come to fruition, and... Read More
The Pleasures and Responsibilities of Owning a Historic New Orleans Home
New Orleans offers home buyers ample opportunities to purchase a piece of history, but the pride of owning a historic home comes along with a responsibility to care for it. With the tricentennial of the founding of New Orleans in 1718 coming up, awareness of the city’s rich architectural legacy is increasing. For context, the oldest... Read More
How To Buy and Sell a New Orleans Home at the Same Time
In an ideal world, you close on a new home the exact same day you sell your old home, avoiding a rocky transition and having to pay two mortgages, but that’s almost impossible to pull off. Having to sell your house at the same time can add even more anxiety to the already-stressful process of... Read More
Why Location Matters in Real Estate
Whether you are purchasing a New Orleans home as your residence or an investment, deciding on its location is critical. Location is one of the three most crucial aspects to consider when buying a house. You can improve the house you are buying, but you can’t change its location. So, what should you look at... Read More