re: Any Oil Field people here gotten laid off? What have you done to get a job?

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.