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Message
New Orleans-area home prices predicted to rise 6.3% in 2023
Posted on 12/1/22 at 2:46 pm
Posted on 12/1/22 at 2:46 pm
quote:
New Orleans-area home prices predicted to rise 6.3% in 2023
Home prices in the New Orleans-Metairie area are predicted to rise 6.3% next year, and closed sales are projected to decrease 0.8% in 2023, according to the Realtor.com® Housing Forecast.
City Business article, no link.
A small decrease in sales volume, yet increase in pricing.
14
Posted on 12/1/22 at 2:47 pm to Meauxjeaux
FWIW, I think that's just a head fake so they can increase assessments, but that's just me.
Posted on 12/1/22 at 2:48 pm to Meauxjeaux
stout isnt going to like this
Posted on 12/1/22 at 2:48 pm to Meauxjeaux
quote:
yet increase in pricing.
But the crime.................
Posted on 12/1/22 at 2:48 pm to Meauxjeaux
"lots of folk fleeing st. tammany parish" tgrbait08
Posted on 12/1/22 at 2:48 pm to Meauxjeaux
quote:
New Orleans-area home prices predicted to rise 6.3% in 2023
Perfect timing...I'll be ready to sell within the next 12-18 months
Posted on 12/1/22 at 2:48 pm to Meauxjeaux
They should be offering to pay people to move there.
Posted on 12/1/22 at 2:55 pm to MorbidTheClown
quote:
They should be offering to pay people to move there.
And a kevlar vest!
Posted on 12/1/22 at 2:58 pm to Meauxjeaux
quote:
New Orleans-Metairie
Posted on 12/1/22 at 2:58 pm to Lakeboy7
Has the city grown in population since 2015 or so?
Posted on 12/1/22 at 3:00 pm to NIH
quote:
New Orleans-area
does the area suggest that its the surrounding areas and not New Orleans proper?
This post was edited on 12/1/22 at 3:01 pm
Posted on 12/1/22 at 3:01 pm to NIH
quote:
Has the city grown in population since 2015 or so?
If I had to guess I would say probably about the same but I dont have any data.
This post was edited on 12/1/22 at 3:05 pm
Posted on 12/1/22 at 3:08 pm to NIH
quote:
Has the city grown in population since 2015 or so?
New Orleans, Baton Rouge, Jefferson Parish
BR and JP has pretty much stayed the same
NOLA
2000-483,770
2005-454,845
2006-208,652
2015-390,094
2021-376,971
2022-384,458*
New Orleans Population
Below is the New Orleans population by year:
Year Population Change %
2010 347,770
2011 360,686 3.71
2012 369,761 2.52
2013 378,623 2.40
2014 383,930 1.40
2015 389,791 1.53
2016 391,977 0.56
2017 391,538 -0.11
2018 391,006 -0.14
2019 390,144 -0.22
2020 383,997 -1.58
2021 * 383,575 -0.11
2022 * 384,458 0.23
Posted on 12/1/22 at 3:27 pm to Meauxjeaux
bullshite.
Helping son look for home so following local markets.. Home prices are dropping due to interest rates.
Nothing going to change until bottom hit on prices. Local homes, Houma, Thibodaux, dropped as much as 20% last six months, still falling. Not selling.
Don't believe Latoya City will see anything but continued path to being a shithole.
Someone trying to spur Orleans sales.
Helping son look for home so following local markets.. Home prices are dropping due to interest rates.
Nothing going to change until bottom hit on prices. Local homes, Houma, Thibodaux, dropped as much as 20% last six months, still falling. Not selling.
Don't believe Latoya City will see anything but continued path to being a shithole.
Someone trying to spur Orleans sales.
Posted on 12/1/22 at 3:40 pm to Meauxjeaux
Looking to buy soon. Not sure I am ready to pull the trigger.
Posted on 12/1/22 at 3:50 pm to Meauxjeaux
Well butter my biscuits!!!!!
Look at that Latoya doing things
Look at that Latoya doing things
Posted on 12/1/22 at 3:51 pm to tgrbaitn08
quote:
2019 390,144 -0.22
2020 383,997 -1.58
I'm surprised more didn't leave town during Cantrell and Avegno's protracted Covidan dictatorship
Posted on 12/1/22 at 3:53 pm to Meauxjeaux
Realtor thinks prices are strong. News at 11.
Posted on 12/1/22 at 3:54 pm to dietcoke7
quote:
bullshite.
Helping son look for home so following local markets.. Home prices are dropping
Plus, much more concessions like closing costs, etc.
Posted on 12/1/22 at 3:56 pm to dietcoke7
Yeah, I call bullshite. I’ve been looking for 90 days. Almost every house on the market has had price drops. Many have dropped several times. 10, 20 grand at a time.
Average time listing on market is increasing.
Average time listing on market is increasing.
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