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Metairie, LA Real Estate News

By Nick Galiano
(Nick Galiano Realty)
Metairie Housing Stats Last week we touched up on some housing stats in New Orleans. This week we are going to take a look st some interesting housing stats in Metairie over the last six months. This includes all properties (single family, multi-family, vacant land & condos) in all conditions (excellent to poor) over that time period.Here's how the 726 homes were bought.47% - conventional loans28% - cash20% - FHA loan3% - VA loan.004% - Bond for Deed0% - Owner FinancingThe graph below shows the quantity of homes sold in a given price range along with the days on market.   Price RangeQuantityAverage DOM SummaryList PriceSale Price $49,999 or under 25 118.72  High $1,497,000 $1,420,000 $50,000 - $74,999 35 168.63  Low $19,900 $16,280 $75,000 - $99,999 36 101.33  Average $248,084 $236,989...
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By Nick Galiano
(Nick Galiano Realty)
This week's market report takes us to the area near Lafreniere Park in Metairie. This like pretty much every other area of the New Orleans metro market is a seller's market. Houses are hovering around two months on the market. There isn't a whole lot of difference between price per square foot sold and active and this reflects in an only 93 days on market for active homes.Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the following markets over the next few weeks. Here's a list of the scheduleMay 23rd - River RidgeMay 30th - HarahanJune 6th - Old JeffersonJune 13th - KennerJune 20th - St. BernardPlease view our neighborhood m...
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Metairie Real Estate - Pontchartrain Gardens Our weekly market report takes us to the Pontchartrain Gardens neighborhood in Metairie. This is another hot market with homes lasting less than two months on the market. The price per square foot is extremely consistent, so sellrs should have no problem selling their homes if priced correctly. The current active properties only have a 23 days on the market average. That's really incredible.Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleMay 16th - LafrenierePlease view our neighborhood market data on Thursd...
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Metairie Real Estate - Market Reports - Bridgedale This week's market report take us to the Bridgedale area in Metairie. This is probably one of the smaler markets that we analyze with only 19 homes sold over the last year. However, the demand is high as the average days on market hovers around two months. The price per square foot sold seems to be on a slow rise as well. Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleMay 9th - Pontchartrain GardensMay 16th - LafrenierePlease view our neighborhood market data on Thursday, May 9, 2013Please join us for...
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New Orleans Real Estate - Market Report - Cleary Area This week's market report takes us to the Cleary area between Vets & West Esplanade.Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleMay 2nd - BridgedaleMay 9th - Pontchartrain GardensMay 16th - LafrenierePlease view our neighborhood market data on Thursday, May 2, 2013Please join us for our next blog installment on Monday, April 29, 2013Your source for New Orleans Real Estate
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New Orleans Real Estate - Market Report - Above Causeway This week's market report takes us to the area South of I-10. Judging by the days on market, houses are not lasting long in this area. One thing to note is that the difference betwen price per square foot of solds and actives are basically the same. This is probably due to a misrepresentation of an excellent condition. If your house is priced right and in correct condition, then your house will be selling soon.Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleApr. 18th - Earhart -I-10/Causeway-Clea...
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New Orleans Real Estate - Market Report - Metairie Lakefront The Metairie Lakefront Area is the subject of our weekly market report. Homes are taking around four months to sell on average in this neighborhood. It's pretty much a balanced market with about 6 months worth of inventory available. There's also about a $20 discrepancy in price per square foot between solds and homes active on the market. Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleApr. 18th - Earhart -I-10/Causeway-ClearviewApr. 25th - Cleary Area between W. Esplanade & VetsMay 2nd - Br...
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New Orleans Real Estate - Market Report - Below Causeway This week's market report takes us to Metairie and the Area Below Causeway. This area extends from the 17th St. Canal to Causeway and the Lake to I-10. This area is a seller's market with an average of three months supply on the market. Selling time is lasting a shade under three months as well. Homes currently listed on the market have an average price per square feet of $144, while homes that have sold are averaging in the mid-120's. Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.We will be taking a look at the Metairie market  over the next few weeks. Here's a list of the scheduleApr. 11th - M...
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New Orleans Real Estate - Market Report - Old Metairie This week our market report takes us to Old MetairieFeel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.Please view our neighborhood market data on Thursday, Apr. 4, 2013Please join us for our next blog installment on Monday, Apr. 1, 2013Your source for New Orleans Real Estate
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By Nick Galiano
(Nick Galiano Realty)
Signs That a Home Is Overpriced The New Orleans Area has become a seller's market. With that being said, many homes continue to sit on the market month after month. Usually, not always, that means the home is overpriced. Here are some signs that your home on the market or the home that you are wanting to buy is overpriced.- You aren't getting any showings. This usually is the number one sign that your home is overpriced. Potential buyers have rejected it based upon price before even setting one foot inside the home.- You believe that your home deserves a higher price because it is better or more unique than all of the other homes despite a lot of similarities.- You get a lot of showings, but no offers on the home. This usually means that on paper it looks great, but that message doesn'...
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By Nick Galiano
(Nick Galiano Realty)
FHA: Learning the Facts Today we are going to learn a little bit more about FHA and give you some facts and do away with the myths. FHA is a pretty common loan insurance program out there. In fact, it has provided homeownership to more than 2.8 million first time homebuyers in the last four years.  FHA was created in 1934 to provide access to safe, affordable mortgage financing for American families. FHA does not lend money to homeowners. Instead, FHA insures qualified loans made by private lending institutions. Without FHA, millions of Americans would be without home ownership.It truly would be a blow to the real estate industry and the American economy as a whole.There is a lot of misinformation that the FHA is bankrupt. It's not. In fact, FHA’s current cash reserves total $30.4 bill...
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By Jason Will, NOLA Property Group
(Keller Williams Realty New Orleans)
Looking for a beautiful Metairie Mediterranean for sale with easy access to Lake Ponchartrain? As I approached the curb outside of 4917 Kennedy Street, I was immediately impressed with the large palm trees that lined the front yard.  I often help for sale by owners market their homes on the web and this gracious seller was nice enough to allow me to shoot a video tour of this amazing property for my NOLA Property Group YouTube Channel.  I love creating video property tours but it is even more fun when the properties show as well as this one in Pontchartrain Shores. Search Homes For Sale in Metairie, Louisiana Priced Over $400,000 Upon entering the home, I quickly noticed that it was designed for entertaining large numbers of family and friends, with an elegant den with wet bar, a spacio...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
    New Orleans Homes and Real Estate Metairie Property Values Metairie Homes for Sale   Want to know your Metairie homes for sale is worth? Check out SearchNewOrleansRealEstate.com. This is not your only source for Metairie homes for sale values. You can call, text or email. To add value to your Metairie home for sale call a Realtor.  Metairie Homes for Sale are selling. You can search Metairie Homes for Sale here.  East Jefferson Real Estate Transfers: Aug 1 - Aug 7th     Key point to remember when determining your price point, the property is only worth what someone is willing to pay for it.  Metairie Relative Post: Metairie Homes for Sale School Information Metairie Homes for Sale Green Acres Market Report  New Orleans Homes and Real Estate   HARAHAN Dickory Ave. 1801: Sapa LLC to K...
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"A Gem" Overview Maps Photos $229,000 Single Family Home Main Features 3 Bedrooms2 Bathrooms1 UnitInterior: 1,680 sqft Location 704 Green Acres RoadMetairie, LA 70003USA To get updates on open home dates and other property events, please click the "Like" button below: Miriam Bernstein RE/MAX N.O. Properties(504) 908-2268miriam@miriambernstein.comhttp://www.NewOrleansPropertyLady.com    Listed by: Miriam Bernstein Nearby properties for sale
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
New Orleans Homes and Real Estate Metairie Property Values Metairie Homes for Sale   Want to know your Metairie homes for sale is worth? Check out the Saturday Edition, The Times Picayune. The Times Picayune breaks down by parish the sales which have occurred. This is not your only source for Metairie homes for sale values. You can call your local Realtor and have a more specific information value. To add value to your Metairie homes for sale call me and I will help you.  Metairie Homes for Sale are selling. You can search Metairie Homes for Sale here.  East Jefferson Real Estate Transfers: July 27-31     Key point to remember when determining your price point, the property is only worth what someone is willing to pay for it. Please let me know if I can be of any service.        Metairi...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Want to know what your Metairie home for sale is worth? Check out the Saturday Edition, The Times Picayune. The Times Picayune breaks down by parish the sales which have occured. This is not your only source for values. You can call your local Realtor and have a more specific information value.  East Jefferson Real Estate Transfers: June 29 - July 3   Key point to remember when determining your price point, the property is only worth what someone is willing to pay for it. Please let me know if I can be of any service.   Related articles, courtesy of Zemanta: Benson offers to buy Times-Picayune <a href="http://frankrubi.wufoo.com/forms/z7x3p9/" _mce_href="http://frankrubi.wufoo.com/forms/z7x3p9/">Fill out my Wufoo form...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
HALL OF FAME GAME   SUNDAY AUG 5, 2012 7 PM ARIZONA VS NEW ORLEANS I'm so excited Saints Football season is finally here. The Saints have had a rough off season but they will come through.  My predication for this season is Saints a 12-4 season. Superbowl in New Orleans What is your favorite team's predication?       <a href="http://frankrubi.wufoo.com/forms/z7x3p9/" _mce_href="http://frankrubi.wufoo.com/forms/z7x3p9/">Fill out my Wufoo form!</a>
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
2012 Louisiana Sales Tax Holiday - Friday, August 3, & Saturday, August 4 Today starts a Sales Tax Holiday in Louisiana. With schools starting next week this Tax Holiday will be a welcome relief. Click on the link for all the details.  
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Friday Night Lights Returning  High School Football in the Greater New Orleans area is in full gear. Metairie, La. has several high school teams which will compete from 1A to 5A Division. Here is Bonnabel High School Football Schedule. Bonnabel High School is located in Highway Park. The subdivision is located in both the City of Kenner and Metairie. 2012 Bonnabel Bruin Football Schedule  08/31 at 7 p.m.  Bonnabel @ East Jefferson 09/07 at 7 p.m. Clark @ Bonnabel 09/14 at 7 p.m.  Bonnabel @ West St. John 09/21 at 7 p.m.  Bonnabel @ St. Thomas Aquinas 09/29 at 7 p.m.  McDonogh @ Bonnabel 10/04 at 7 p.m.  Hahnville @ Bonnabel 10/11 at 7 p.m.  Bonnabel @ Higgins 10/20 at 7 p.m.  Ehret @ Bonnabel 10/25 at 7 p.m. Destrehan @ Bonnabel 11/02 at 7 p.m.  Bonnabel @ East St. John 7 p.m.
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
This weekend marks the start of the 2012 New Orleans Saints Football season. The Saints will Play in the Hall of Fame Game. Saints vs. Cardinals     The Saints Fans are ready and Drew Brees and the Saints are ready. 2012 PRESEASON SCHEDULE UPCOMING GAMES WK DATE OPPONENT TIME COVERAGE TICKETS HOF Sun Aug 5, 2012 Cardinals 8:00 PM ET NFLN  1 Thu Aug 9, 2012 @Patriots 7:30 PM ET   2 Fri Aug 17, 2012 Jaguars 8:00 PM ET   Buy Now 3 Sat Aug 25, 2012 Texans 8:00 PM ET CBS  Buy Now 4 Thu Aug 30, 2012 @Titans 7:00 PM ET   Buy Now 2012 SCHEDULE UPCOMING GAMES WK DATE OPPONENT TIME COVERAGE TICKETS 1 Sun Sep 9, 2012 Redskins 1:00 PM ET FOX  Buy Now 2 Sun Sep 16, 2012 @Panthers 1:00 PM ET FOX  Buy Now 3 Sun Sep 23, 2012 Chiefs 1:00 PM ET CBS  Buy Now 4 Sun Sep 30, 2012 @Packers 4:25 PM ET FOX  Buy...
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