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Message
re: For the first time since Hurricane Katrina, census estimates show a shrinking New Orleans
Posted on 4/18/19 at 9:58 pm to DollaChoppa
Posted on 4/18/19 at 9:58 pm to DollaChoppa
quote:
Remember this bad thread?
0
Posted on 4/18/19 at 9:59 pm to Paul Allen
Or...everyone who wanted to return has done so by now, and the population has leveled off. No reason to find any great cause for an insignificant 1000 person drop over several years.
Posted on 4/18/19 at 9:59 pm to tgrbaitn08
quote:
Real estate prices seems to be holding steady.
Ehhhhh, maybe.
Posted on 4/18/19 at 10:00 pm to Paul Allen
quote:
Link?
I know census estimates show EBRP down a few K. Granted just estimates. I'd guess many to LP, AP or out of state.
Posted on 4/18/19 at 10:00 pm to fightin tigers
quote:
Ehhhhh, maybe.
No maybe about it. Have you seen the high rent prices and housing prices in warehouse district and uptown?
Posted on 4/18/19 at 10:01 pm to Paul Allen
Posted on 4/18/19 at 10:01 pm to fallguy_1978
quote:
Those people moving to St Tammany aren't poor
To be honest I don’t know anyone leaving New Orleans for the northshore. The population leaving New Orleans right now does tend to be on the poorer side. The real estate prices are insane here.
Posted on 4/18/19 at 10:04 pm to Swagga
quote:
The population leaving New Orleans right now does tend to be on the poorer side. The real estate prices are insane here.
I've found that cities tend to attract the wealthy that either don't have kids or can afford not to send them to school with the poor kids and the poor that are dependent on government services and transportation. The middle class largely live in the suburbs.
Posted on 4/18/19 at 10:05 pm to Paul Allen
quote:
No maybe about it. Have you seen the high rent prices and housing prices in warehouse district and uptown?
Yes. Rent has gone down. Until the last month real estate has been extremely stagnant. Supply is way up.
Compared to 3 years ago the market is at a standstill.
This post was edited on 4/18/19 at 10:06 pm
Posted on 4/18/19 at 10:07 pm to fightin tigers
quote:
Ehhhhh, maybe.
What do you mean “Ehhhhh maybe”?
Posted on 4/18/19 at 10:08 pm to tgrbaitn08
quote:
What do you mean “Ehhhhh maybe”?
Just that the market is really weird right now.
Posted on 4/18/19 at 10:11 pm to fightin tigers
quote:
Supply is way up.
The majority of the houses on the market are people just testing it and not really wanting to sell or if they do sell they’re just going to buy something else in the city.
I don’t really see many people moving out of the city, mostly just moving around.
Posted on 4/18/19 at 10:14 pm to Paul Allen
This is what happens when you drive business out of your state.
Posted on 4/18/19 at 10:15 pm to tgrbaitn08
Agree with that.
It's strange that two +750k houses have sold on my block in less than a month, but a block away took 6 months for a 300k house to sell. Granted, no one will move into the 750k houses just like the other ones in the neighborhood.
It's strange that two +750k houses have sold on my block in less than a month, but a block away took 6 months for a 300k house to sell. Granted, no one will move into the 750k houses just like the other ones in the neighborhood.
Posted on 4/18/19 at 10:19 pm to fightin tigers
I agree the supply is out of control
There are probably 15-20 houses on just my stretch with for sale signs. I know if these people sell they aren’t leaving the city. They just want to see what they can get.
I’m even tempted to put a sign in front of my house just to see.
If I see houses start to sell around me then you’re damn right I’m going to put a sign, but I don’t see much selling. A few but not many.
There are probably 15-20 houses on just my stretch with for sale signs. I know if these people sell they aren’t leaving the city. They just want to see what they can get.
I’m even tempted to put a sign in front of my house just to see.
If I see houses start to sell around me then you’re damn right I’m going to put a sign, but I don’t see much selling. A few but not many.
Posted on 4/18/19 at 10:21 pm to tgrbaitn08
Full disclosure, sold mine for almost 20k over appraisal and am just moving to a better part of the city.
Have been following the market really close for about the last 6 years. The realtors I have been working with just seem confused as to how to read what is going on.
Have been following the market really close for about the last 6 years. The realtors I have been working with just seem confused as to how to read what is going on.
Posted on 4/18/19 at 10:23 pm to fightin tigers
quote:
Have been following the market really close for about the last 6 years. The realtors I have been working with just seem confused as to how to read what is going on.
It’s all about finding that perfect price point/location.
Posted on 4/18/19 at 10:23 pm to Paul Allen
I didn't think they counted statues in the census.
Posted on 4/18/19 at 10:24 pm to Paul Allen
New Orleans lost 200,000 residents between 1960 and 1980.
That’s more than it lost after Katrina.
That’s more than it lost after Katrina.
Posted on 4/18/19 at 10:25 pm to tgrbaitn08
quote:
It’s all about finding that perfect price point/location.
Someone had a hardon for my place. Was off the market for two weeks and they were still making offers.
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