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re: Buying a first home
Posted on 11/17/14 at 11:02 pm to Saint5446
Posted on 11/17/14 at 11:02 pm to Saint5446
quote:
Afraid to buy high then have the bubble burst, but have also heard new hospital will continue to drive prices up. Looking in lakeview.
As I'm sure you know, Lakeview is really high right now.
I bought a double near Tulane campus just over a year ago and I love it. You want to do your homework on insurance (homeowners/flood). Flood varies a great deal, if you're in the wrong area you could get crushed. Those items can really affect the "investment" aspect of homeownership.
I think there are still some deals in mid-city, but you have to be more careful about crime. Of course, I thought I was in a good area, but there have been a number of violent crimes in my area in the past few months. You never really know in NOLA.
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