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re: Anybody know if residential real estate sales have stopped
Posted on 3/30/20 at 7:44 am to Zachary
Posted on 3/30/20 at 7:44 am to Zachary
I'm signing my new build contract this week. I'm confident everything will be okay and I will need a place to live regardless. Either not able to pay rent or not able to pay a mortgage.
Posted on 3/30/20 at 8:16 am to jcaz
quote:
Home closures in the New Orleans region appear to be only 15% of what they were a year ago, according to a rough back-of-the-envelope estimate by Art Sterbcow, a local broker and real estate market analyst.
Real estate market freezes in New Orleans as coronavirus creates havoc for buyers, sellers
Posted on 3/30/20 at 8:32 am to Zachary
No. My house is under contract. Thank you Jesus.
Posted on 3/30/20 at 8:40 am to Old Hellen Yeller
In all the parishes in S Louisiana recording is continuing as normal.
Posted on 3/30/20 at 8:41 am to Lsupimp
quote:
In all the parishes in S Louisiana recording is continuing as normal.
Isn't this a lagging indicator though? I would expect a decline in the weeks to come.
Posted on 3/30/20 at 8:44 am to Zachary
All I know is that if I need to go get something out my safety deposit box, I have to call for a appointment which can take up to three days.
That should tell you how things are going to shite.
That should tell you how things are going to shite.
Posted on 3/30/20 at 8:48 am to Mo Jeaux
Some parishes are better than others, but all major parishes are recording on schedule, which is roughly a week later. So far, with EBR having a one day hiccup two weeks ago, all data has been recorded as normal.
Posted on 3/30/20 at 8:49 am to Zachary
I would assume the ones under contract the last thirty days before this hit are still moving forward, but any new transactions may be a lot slower now.
Posted on 3/30/20 at 8:50 am to Zachary
Just called.
They said to tell you yes.
They said to tell you yes.
Posted on 3/30/20 at 8:51 am to Catchfalaya
quote:
I would assume the ones under contract the last thirty days before this hit are still moving forward, but any new transactions may be a lot slower now.
Yeah, this is what I mean. I would not necessarily expect a slow down to be reflected in the date right now. I would expect it to be reflected in the data three weeks from now.
Posted on 3/30/20 at 8:54 am to Zachary
I am nervous about this, we are building right now, and I will need to put mine on the market in the next month.
A neighbor put his on the market last week, and has already had 5 showings, and one offer, albeit a low ball offer he's not taking. Will see if they counter.
I've been surprised at the interest given the current state of things. I hope this is all on the downside by end of April, and people will be chomping to get back to looking.
A neighbor put his on the market last week, and has already had 5 showings, and one offer, albeit a low ball offer he's not taking. Will see if they counter.
I've been surprised at the interest given the current state of things. I hope this is all on the downside by end of April, and people will be chomping to get back to looking.
Posted on 3/30/20 at 8:58 am to biglego
quote:
My god, why?
Yeah, I'm doing the opposite. But looking for a job in this situation is not ideal. At least I have a job and with WFH, I can brownse listings as my frustration builds. That's a nice outlet.
ETA: I did see that she was joking.
This post was edited on 3/30/20 at 8:59 am
Posted on 3/30/20 at 9:26 am to Zachary
Slowed for extended family member who is a home inspector in BR. Few weeks before shut down, he was averaging around 15 inspections per week. Week of shelter in place order, 3 inspections. Couple scheduled for this week.
Posted on 3/30/20 at 9:58 am to Zachary
Just signed for the closing for the sale of my house this past Friday. I was a little nervous whether things would work out or not, but then my realtor told me the buyer was a nurse. That eased my mind knowing she wouldn't be out of work anytime soon. Everything went smoothly. I was quite impressed actually, because it wasn't appraised until Tuesday, and they were able to get all the paper work done for Friday at lunchtime. 
Posted on 3/30/20 at 12:05 pm to Zachary
Governor dipshit has banned in house visits and face to face visits with clients until the end of April.
Kinda makes it hard to see a house, have someone see your house, have inspections done, etc., so, yeah, real estate business is pretty well shut down in NC for a month.
Sucks major arse for people like me who have a special circumstance and HAVE to find a new house pronto.
Kinda makes it hard to see a house, have someone see your house, have inspections done, etc., so, yeah, real estate business is pretty well shut down in NC for a month.
Sucks major arse for people like me who have a special circumstance and HAVE to find a new house pronto.
Posted on 3/30/20 at 12:07 pm to Zachary
I put a house on the market is ascension parish yesterday.
I had an offer in 1 hour.
I had an offer in 1 hour.
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