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Started By
Message
1
Posted on 8/2/15 at 8:28 pm to yellowfin
I haven't read any projections but I think they will come down a little or at the very least hold steady in this area due to labor and oil prices unless we have a hurricane or something.
I still think the RE market in LA has been artificially inflated and we will have another bubble pop soon which would drive construction prices further down. We never had as big of a downturn as other areas but oil being down will finally make LA feel it.
The only town that might be OK is Lake Charles only because of the LNG expansions being built. A friend of mine is gearing up to build a 63 house subdivision here now.
The only downside for you may be when you go to sell your current house. We have already seen a small spike in mortgage inspections (people late on their mortgages) and foreclosure inventory in Laffy while the opposite has happened in Lake Charles. You may have a lot of competition when selling.
I still think the RE market in LA has been artificially inflated and we will have another bubble pop soon which would drive construction prices further down. We never had as big of a downturn as other areas but oil being down will finally make LA feel it.
The only town that might be OK is Lake Charles only because of the LNG expansions being built. A friend of mine is gearing up to build a 63 house subdivision here now.
The only downside for you may be when you go to sell your current house. We have already seen a small spike in mortgage inspections (people late on their mortgages) and foreclosure inventory in Laffy while the opposite has happened in Lake Charles. You may have a lot of competition when selling.
Posted on 8/2/15 at 8:31 pm to stout
I can rent my house if need be, I'm actually thinking about doing that either way
Posted on 8/2/15 at 8:32 pm to yellowfin
Need a personal driver or something?
Posted on 8/2/15 at 8:32 pm to nelatf
quote:
I do not understand
Look up BRCC. I recommend that you start with Libby (kind of got the site on the map) or Emjay.
NSFW.
Posted on 8/2/15 at 8:32 pm to yellowfin
Yea, that wouldn't be a bad idea if need be.
Posted on 8/2/15 at 8:34 pm to hendersonshands
quote:
Need a personal driver or something?
Do you give HJs while driving?
Posted on 8/2/15 at 8:34 pm to hendersonshands
Walk over and we'll drink a beer and talk about it
Posted on 8/2/15 at 8:34 pm to yellowfin
quote:
Walk over and we'll drink a beer and talk about it
Don't make empty promises.
Posted on 8/2/15 at 8:48 pm to hendersonshands
All I have is bud light. That's why I can't post on food board anymore
Posted on 8/2/15 at 8:53 pm to stout
quote:You definitely know more about it than me, but I think it's coming sooner rather than later.
I still think the RE market in LA has been artificially inflated and we will have another bubble pop soon which would drive construction prices further down. We never had as big of a downturn as other areas but oil being down will finally make LA feel it.
It's so much different here than my other home states.
Posted on 8/2/15 at 8:55 pm to yellowfin
I still have a job by some grace of God. Still holding on by a thread. If I'm let go, I'll show up at your doorstep.
Posted on 8/2/15 at 8:57 pm to jimbeam
quote:
Go get a real degree like business
I've got a BS in Psychology, am a VP in an oilfield related company, and have an MBA as a secretary.
If you think it's about the degree, enjoy your climb to middle management.
Posted on 8/2/15 at 8:58 pm to Captain Rumbeard
It was a joke dipshit
Posted on 8/2/15 at 9:00 pm to jladne3
quote:
I got my PETE degree from LSU and have been working at Halliburton the past 2 years and 2 months as a Field Engineer
quote:
Drilling or Production Engineering Tech positions. Even though I might be over qualified
Trust me...youre not over qualified. Try and get a field job and keep learning.
Posted on 8/2/15 at 9:05 pm to stout
quote:
Do you give HJs while driving?
I do!!!!
Posted on 8/2/15 at 9:06 pm to SpicyStacy
I know you do
Posted on 8/2/15 at 9:09 pm to yellowfin
u missed a good rodeo baw Is your wife knocked up again yet?
Posted on 8/2/15 at 9:09 pm to SpicyStacy
I'm done with babies
Posted on 8/2/15 at 9:13 pm to stout
quote:
Do you give HJs while driving?
I mean, I'm not above it.
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