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re: Condition of the real estate markets in Lafayette

Posted on 12/8/15 at 9:23 am to
Posted by theoldwiseone33
University of Louisiana
Member since May 2012
493 posts
Posted on 12/8/15 at 9:23 am to
Haha I'm one of those rag pumping realtors in Lafayette. Depends on how in depth you want to go. I can send reports that are extremely detailed w a bunch of useless info or I can hit on the high points so you get the jist. The market has certainly taken a hit the last 4 months. Inventory is way up and pendings are down. Next 6+ months will be great time to buy.

I have a degree in finance if it makes you feel any better haha. I follow the market daily.
This post was edited on 12/8/15 at 9:31 am
Posted by Pierre
Baton Rouge
Member since Nov 2005
5289 posts
Posted on 12/8/15 at 9:38 am to
Ha, well thanks oldwiseone. I guess I'm looking for a market comparison of a time frame when the real estate market was in decline and how different area's prices were affected, then compare that to today and the home prices of those same areas.

Basically how did a few specific neighborhoods in that area fair the last time there was a large housing decline, what did that decline look like for those neighborhoods, and how long did it last.

Is that something you would have access to that I could buy or do I find it and purchase it from someone else.

Thanks for the reply

Posted by deaconjones35
Thibodaux
Member since Sep 2009
9803 posts
Posted on 12/8/15 at 3:38 pm to
Hope this is not too much of a hijack. We will be looking in the Houma/Thibodaux area soon. I am assuming prices will be sagging down there also? This is all oil/gas related, correct?
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 10/10/18 at 9:20 pm to
quote:

great time to buy.




With realtors its either a great time to buy or a great time to sell.

It's never a bad time to buy or a bad time to sell.


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