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Message
Have real estate prices fallen in your area?
Posted on 9/7/20 at 10:21 am
Posted on 9/7/20 at 10:21 am
Nola area prices have surprisingly been steady even with Destroya at the helm. Some areas (West End, Broadmoor, Gentilly and parts of Metairie) seem to be coming down but others (Mid-City/Bayou St. John, Treme, Uptown/Garden District, Leonidas, Arabi and the parts of the westbank) are going up.
This post was edited on 9/7/20 at 11:01 am
18
Posted on 9/7/20 at 10:21 am to yaboidarrell
Rising mostly
Posted on 9/7/20 at 10:22 am to yaboidarrell
Low rates=higher prices
Posted on 9/7/20 at 10:22 am to yaboidarrell
According to the tax assessor they've gone up quite a bit.
Posted on 9/7/20 at 10:22 am to yaboidarrell
Northern Virginia- Have continued to rise. The market is the suburbs is red hot as people move out of DC proper. Nothing is staying on the market for more than a couple days.
Posted on 9/7/20 at 10:24 am to yaboidarrell
Friend,
So long as interest rates stay low and lumber costs skyrocket, the cost of homes will increase.
Yours,
TulaneLSU
So long as interest rates stay low and lumber costs skyrocket, the cost of homes will increase.
Yours,
TulaneLSU
This post was edited on 9/7/20 at 10:24 am
Posted on 9/7/20 at 10:24 am to yaboidarrell
Southern California here. Absolutely not. Market is nuts right now
Posted on 9/7/20 at 10:32 am to yaboidarrell
I haven’t checked the market in a while, but they are still building the hell out of new houses here in the 70005. They tearing down smaller houses all over to make room
Posted on 9/7/20 at 10:40 am to notiger1997
quote:
I haven’t checked the market in a while, but they are still building the hell out of new houses here in the 70005. They tearing down smaller houses all over to make room
That's been going on for at least 20+years to so. Mostly it's fairway development is building these HUGE mcmansions off of middlburry, farnham, woodvine, etc
Posted on 9/7/20 at 10:45 am to yaboidarrell
Just got my house appraised for a refinance and it appraised for a bit more than it appraised for 3 years ago.
Posted on 9/7/20 at 10:48 am to yaboidarrell
going up here
Posted on 9/7/20 at 10:49 am to notiger1997
quote:People coming over from Lakeview? Finally noticed east Metairie is a carbon copy of Lakeview but with less crime, far less potholes and something to show for your tax dollars.
70005
This post was edited on 9/7/20 at 10:51 am
Posted on 9/7/20 at 10:55 am to yaboidarrell
Up. Very few new homes. More people moving here.
Posted on 9/7/20 at 10:58 am to yaboidarrell
Huntsville AL. Inventory is stupid low, rates are low, prices going up. Best market in quite some time.
Posted on 9/7/20 at 11:00 am to yaboidarrell
Insane increases. The last four months I haven’t had a day off. People have always been leaving blue states to come here but since the riots started happening it’s been insane. People that might have been two or three years out are coming now. Nowhere near enough inventory.
Posted on 9/7/20 at 11:02 am to yaboidarrell
I know of two people that are in the process of moving from Lakeview to Metairie
I’m not sure where most are coming from but they are paying well over $200k for 50X150 lots.
I’m not sure where most are coming from but they are paying well over $200k for 50X150 lots.
Posted on 9/7/20 at 11:03 am to yaboidarrell
House down the street from me just came on the market for $441/ft. In January, avg was closer to 410-420.
70118
70118
Posted on 9/7/20 at 11:08 am to yaboidarrell
With lumber prices up 30%, new construction says, "Hello". Fallen?? Fallen as in increasing.
ETA: The effect of a 30% increase in lumber prices: Adds $14,000 to the price of the median home in our market.
ETA: The effect of a 30% increase in lumber prices: Adds $14,000 to the price of the median home in our market.
This post was edited on 9/7/20 at 11:17 am
Posted on 9/7/20 at 11:12 am to Supermoto Tiger
How’s the housing market around the Baton Rouge area going to be after Labor Day going into the fall? Is this traditionally a slower time of year or will this year be busier with lower interest rates?
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