re: Condition of the real estate markets in Lafayette

quote:

---

fair the last time there was a large housing decline

---

Lafayette is still technically in a decline. Don't let people tell you otherwise. I am heavily in the foreclosure industry nation wide and there were several month Lafayette was leading the nation in 90 day lates month over month of the previous just not that long ago. They still haven't fully recovered and last I checked the amount of foreclosed inventory is still the highest in LA per capita and is up there on the national level as well on a per capita basis.

Oil coming back has slowed the bleeding some but some of those jobs and companies may never fully return.