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Started By
Message
So this is what you get for $500k in New Orleans right now
Posted on 10/22/14 at 8:51 pm
Posted on 10/22/14 at 8:51 pm
Posted on 10/22/14 at 8:54 pm to RollTheRock
Yeah, no. If that house sells for $499k, I'll put my house up tomorrow for $600k.
Posted on 10/22/14 at 8:55 pm to RollTheRock
Scruffy's house is twice as big, has a yard, a garage, no traffic, people won't rape/murder him when he walks outside, and cost 1/3 of that.
It is also in Shreveport.
It is also in Shreveport.
Posted on 10/22/14 at 8:55 pm to yellowfin
housing in NOLA decent areas is crazy. i luckily bought in lakewood south right after katrina and property has appraised for 75% more than i originally bought it for.
Posted on 10/22/14 at 8:55 pm to RollTheRock
got them government solar panels tho
Posted on 10/22/14 at 8:56 pm to Buck Dancer
Bubble with bust like all the others have
Posted on 10/22/14 at 8:58 pm to RollTheRock
This would make sense if it were in uptown, by Tulane, or whatever but this house is in by water right next to the 9th ward.
Dude got robbed and beat up by urban yutes recently and apparently it was his fault for gentrifying the area.
Dude got robbed and beat up by urban yutes recently and apparently it was his fault for gentrifying the area.
Posted on 10/22/14 at 8:59 pm to Buck Dancer
My house currently appraises for 40% more than I paid for it but where am I going to go? I guess I could live in one of my rentals until the bubble burst, but in New Orleans that could take 10-15 years or never. It's insane down here right now.
This post was edited on 10/22/14 at 9:00 pm
Posted on 10/22/14 at 8:59 pm to Asgard Device
quote:
yutes
did you say yutes?
Posted on 10/22/14 at 8:59 pm to Asgard Device
Yeah dude
No way i pay that in the bywater
Call me when price at 265
No way i pay that in the bywater
Call me when price at 265
Posted on 10/22/14 at 9:00 pm to RollTheRock
lol... that house is at least 900k where I live if not over 1 mil
I'd buy the shite out of that
I'd buy the shite out of that
Posted on 10/22/14 at 9:01 pm to RollTheRock
It's a shotgun double in a hot neighborhood. im not really surprised
Posted on 10/22/14 at 9:01 pm to RollTheRock
Look at all that natural light
Posted on 10/22/14 at 9:02 pm to tgrbaitn08
the bubble is so big right now in NOLA it sucks. the only way you can capitalize on it is if you sell your house and then move away or reappraise your house to get your mortgage % down and remove PMI. Not very many deals anymore and even the questionable neighborhoods are going for big dollar. Only matters now if you sell high and buy elsewhere low. Don't get caught like they did elsewhere and refinance your house at the high value to buy other properties then have the bubble burst and be stuck with 500k in property value and 1 mil in loans.
Posted on 10/22/14 at 9:03 pm to tgrbaitn08
I don't see how the bubble is going to burst in New Orleans anytime soon. Yuppies keep moving here from elsewhere at insane rates.
Posted on 10/22/14 at 9:03 pm to 777Tiger
quote:
quote: yutes did you say yutes?
Yep. Weak my cousin vinny reference.
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