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re: When it comes to real estate, is New Orleans the strangest case in the US?
Posted on 3/30/14 at 7:08 pm to Keys Open Doors
Posted on 3/30/14 at 7:08 pm to Keys Open Doors
quote:
Has to be the Katrina effect, right?
Well two things. Most of Lakeview did not flood and there is a large medical complex being built on canal.
1
Posted on 3/30/14 at 7:09 pm to H.M. Murdock
quote:
Plenty of lots in lake view for low 100's.
Where at? And how big?
Posted on 3/30/14 at 7:13 pm to NoSaint
Those seem like very good deals. Definitely didn't see anything in that range on the major general directories, and Craigslist is a disaster. Might use a real estate agent actually, if they can find something like that.
Posted on 3/30/14 at 7:18 pm to Placebeaux
Posted on 3/30/14 at 7:19 pm to Placebeaux
I thought Lakeview was totally flooded?
Posted on 3/30/14 at 7:31 pm to Keys Open Doors
Yea- there are good places out there. If you don't know any of the neighborhoods/buildings going into it I imagine its a pain to sort out. I got both mentioned from craigs... Just as the listings are crazy I imagine most applicants are as the owners seemed EAGER to get me in. One even held the place open for a month despite other applicants ready to move in.
Posted on 3/30/14 at 7:31 pm to biglego
Just the part where the levee wall broke. The closer you get to the lake the higher the land.
Posted on 3/30/14 at 7:33 pm to Keys Open Doors
Legally, NOLA runs on their own rules/laws and
ethics when it comes to real estate.
ethics when it comes to real estate.
Posted on 3/30/14 at 7:33 pm to H.M. Murdock
Posted on 3/30/14 at 7:46 pm to Keys Open Doors
quote:
Might use a real estate agent actually, if they can find something like that
Ya think??? Why would you not seek the services of a professional that deals with this everyday?? Oh, it doesn't
cost you a penny because the seller pays the commission.
Posted on 3/30/14 at 7:47 pm to Placebeaux
quote:
I think my generation grew up in the suburbs and has a general distaste for it, so they prefer living in the city.
Just because you grew up in the suburbs, does not mean your generation did. And not all of them have a distaste for it. I grew up in Uptown and plan on never moving back into that city with my children. I live in a city now, just not that one.
BTW, when it comes to property values, it is market driven. Welcome to capitalism. If you think it is too much, do not pay it.
Posted on 3/30/14 at 7:50 pm to Supermoto Tiger
quote:
Legally, NOLA runs on their own rules/laws and
ethics when it comes to real estate.
How can you say such a thing with conviction when it's obviously a load of crap?
This post was edited on 3/30/14 at 7:55 pm
Posted on 3/30/14 at 7:52 pm to CajunSuperJeff
The thing about New Orleans that is different than other cities is the lack of quality public schools in the suburbs. It's not like living in Kenner (unlike say Katy, TX) gets you a great public school, to offset other expenses (unless you go to the Northshore).
Posted on 3/30/14 at 7:52 pm to NoSaint
Know of any places similar to this uptown? Go to Tulane. Looking either for a 1 bedroom for next year or possibly 2 bedroom. Want to be as close to Tulane as possible within reason and not near the undergrads on Broadway.
Posted on 3/30/14 at 7:56 pm to Placebeaux
All of Lakeview flooded. Lakeshore and Lake Vista did not, except on the edges on Robert E. lee. Lakeview was entirely underwater.
This post was edited on 3/30/14 at 7:56 pm
Posted on 3/30/14 at 8:13 pm to CajunSuperJeff
quote:
Just because you grew up in the suburbs, does not mean your generation did.
Publications like the New Yorker and academics of all political backgrounds agree that there is a backlash in people in their 20s and 30s when it comes to suburban living. I have no idea how you living in a city, albeit a different one, disproves this.
quote:
BTW, when it comes to property values, it is market driven
Yes, nothing like the pure invisible hand of market-driven capitalism like housing developers getting tax credits or subsidies for incorporating mixed income residences in their properties.
quote:
Welcome to capitalism. If you think it is too much, do not pay it.
Is this the point of your post where you start posting glib remarks that have nothing to do with my post? My complaint is not with the prices or the size, but rather the fairly unique real estate situation in the city, where I freely admit I might be missing some good opportunities. I have trouble believing it's 80% shotguns and mixed income, even though it does seem that way through online searches.
Posted on 3/30/14 at 8:15 pm to Supermoto Tiger
quote:
Ya think??? Why would you not seek the services of a professional that deals with this everyday?? Oh, it doesn't
cost you a penny because the seller pays the commission.
yeah, there's no downside for me, unless the agent only shows me properties owned by the parent firm. However, I would imagine that real estate agents aren't exactly fighting over the commission on a rental, and what I've noticed in the past 7 years is that owners are putting a lot less stuff on listings because they want to cut out the middle man.
Posted on 3/30/14 at 8:19 pm to Ric Flair
Mandeville and Fontainebleu are really the only good options I can think of, which as you said are on the Northshore. Lusher and Ben Franklin within the city, and Grace King seems decent in Metairie, right?
Posted on 3/30/14 at 8:23 pm to Keys Open Doors
quote:
I have trouble believing it's 80% shotguns and mixed income, even though it does seem that way through online searches.
A lot of rentals in New Orleans don't appear online. The good stuff goes fast too. You have to drive around the neighborhoods.
There are a lot of shotguns and subsidized places, but it's not 80% overall. It's 80% online because those don't move as fast.
Posted on 3/30/14 at 8:26 pm to Keys Open Doors
If I was looking to move to NOLA, I would probably drive around uptown looking for basement/garage apartments. Probably your best bet for the best intersection of price/safety/location.
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