Special offer

New Orleans, LA Real Estate News

By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
New Orleans has plenty of statues, This is another very interesting one!      New Orleans is a historic town and been around for about 300 years.  This fact alone means there is a lot of history.  One of the  interesting things is that you commemorate a lot of things through statues.  Found this one in City Park enjoying a fall afternoon under the spreading oak trees.
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Garden District New Orleans, Developed in 1832-1900 from larger plantations.        The Garden District in New Orleans was developed in the prior before the Civil War and 1900.  The area was formerly plantations that were divided into several homes per block with large gardens  thus giving it the name of the Garden District.  Wealthy English speaking residents moved to the area and loved to show off their new wealth.  Over time many of the homes with large gardens were subdivided into small plots, thus increasing the variety of homes you see today.
Comments 3
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Warehouse District Favorite, Lucy's Bar and Grill!        Lucy's , the Retired Surfers Bar continues to be popular in the New Orleans Warehouse District.  Its been open since 1992.  Its actually a small chain of 3 that opened in 1985 by retired surfers.  Located on the corner of Tchoupitoulas and Girod at 701 Tchoupitoulas.  Its made it in New Orleans so it must have something to offer.  Moderate drink prices and food that is good.  Dressing up is not needed or required.       Its very normal to have bars and grills in the older neighborhoods of New Orleans. People just walk over to meet other people, have something to eat along with a couple of beers. 
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Attention to detail! Uptown Victorian New Orleans Homes is full of details!        This is an interesting home in Uptown New Orleans so I took the photo and did a little research.  Most of the homes with this Victorian style in Uptown New Orleans date from 1870 to 1905.  Atttention to detail was a trade mark for New Orleans in this time period.  The wealthy wanted to show off their homes  as this was a way to say I have made it.
Comments 6
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Ferns and French Quarter Balconies, Semi-Tropical Weather makes it all possible.         The balconies in the New Orleans French Quarter that adorn the historic buildings are also a showcase for those with a green thumb.  A balcony is a porch to the world to show their skills.  This is made possible by plenty of moisture through our humidity and frequent showers.  Freezes are rare occurrences and the sunshine is plentiful.  The growing season is long with the best weather being October to May.  The Mississippi Delta soil is rich in organic materials.  The only rocks that we have are imported from other states and countries.
Comments 1
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Living in a sub-tropical climate is a definite plus if you love to spend a lot of time in your garden or yard. Despite the fact that it is November, there are still blooming flowers throughout my West Bank garden. However, the periwinkles are starting to get leggy, the coneflowers are gone and the basil has started to flower and is done for the year. Before the holiday madness starts, I need to find time to get outside in the gorgeous weather we’ve been having and start the winter garden. I stopped in to visit my favorite Algiers nursery this week – New Orleans Garden Center and Landscape on Huntlee Drive, just off of General Meyer. The fall and winter plants have arrived and wherever you decide to buy them (although I hope it’s from someone local) there is a profusion of color that can...
Comments 34
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Warehouse District Views, A roof top view of the CBD in New Orleans.      Rooftop views in the New Orleans Warehouse District from the Federal Fibre Mills Condos.  Condos make up almost 100% of residential real estate in this area of New Orleans.  Most of the condos are conversions from warehouses and old office buildings.  It is also becoming an area where people are buying second homes because there is a lot to do in the area.  Enjoy the view!
Comments 0
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
The Federal Fibre Mills Condos, New Orleans Warehouse District !      The Federal Fibre Mills was once a rope factory in the late 1800's.  Later it was part of the 1984 World's Fair.  It was where the beer garden was.  It is now one of the more popular downtown condo complexes that features high ceilings, large windows, exposed beams, exposed brick walls and one of the best common areas of all New Orleans.
Comments 4
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
French Quarter Roof Top Views, Where are the skycrapers?        Views from a French Quarter condo that I had listed a couple of years ago.  No tall buildings allowed in this historic district so you can get great views form this fourth floor unit.  The only down fall was the stairs to get up to the penthouse unit.  Great 1880 views once you opened the windows.
Comments 1
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
       Historic Cottage in the Mid-City area of New Orleans.  Off Esplanade Ave. close to City Park.  This area is not that big but has some great historic homes.
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
French Quarter Balconies are in demand! Balconies have not gone out of style in 200 years!        Having a balcony in the French Quarter is a demand feature in the homes and condos.  Its your eyes and ears onto the daily activities.   Its basically some people's front yard and away to show off their seasonal decorations or green thumb.  Its a art form that only exists in New
Comments 4
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
French Quarter Markert Update! Prices are all over the spectrum! Buyers Market? October 29th, 2009 Categories: French Quarter, Second Homes       The French Quarter Condo prices are all over the place for a number of reasons that I have been able to put my finger on.   Most of the real estate sold in the French Quarter are condos so I will concentrate on that market with this update.  It all get back to slack demand for the price that people are asking.    French Quarter Market Update- This will give you what is currently for sale and what has sold in the last 3 months in the French Quarter in condos.  Its shows 114 for sale with, 14 currently under contract, 14 sold condos over the last 3 months.  Click to get a detailed update form the Market Snap Shot which is available to you by fil...
Comments 2
By Bryan Dasilva
(ForeclosureDataBank.com)
Since New Orleans is the largest city in the US State of Louisiana foreclosures, everyone loves to buy a home in here. Actually, New Orleans is the major port city of America which is the reason why there are several job opportunities. Due to this particular fact people always look for a home in a here and that’s when New Orleans foreclosures help them in the right way. Although the conditions in New Orleans are good for job seekers but there entire State of Louisiana has been hit hard by the recent recession. With recession hitting this state, lots of people have lost their jobs and that’s one of the reasons why they are behind their mortgage payments. The recession and economic crisis can always be considered as the basic factors behind the increase in New Orleans foreclosures. No dou...
Comments 2
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Current real estate activity in English Turn: 42 homes are for sale in English Turn High list price $1,995,000 Low list price $395,000 Average list price $688,392 Median list price $557,383 3 homes are under contract or pending sale, with an average list price of $474,667 Based on the number of homes sold in September (1), there is a 42 month supply of homes for sale in the community English Turn | Number of Homes Sold | September 2009 Year to date, there have been 18 home sales in English Turn, compared to 21 at the same time last year.  3 of this years sales have been foreclosure or bank owned properties, which are selling for about $110 per square foot compared to $132 per square foot for normal resale homes in English Turn. English Turn | Average Home Sale Prices | September 2009 Av...
Comments 6
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Current real estate activity in Algiers LA 70131 (excluding English Turn): 198 homes are for sale High list price $895,000 Low list price $35,000 Average list price $188,261 Median list price $154,950 39 homes are under contract or pending sale, with an average list price of $144,823 Based on the number of homes sold in September (25), there is a 7.92 month supply of homes for sale in the area Algiers LA 70131 | Number of Homes Sold | September 2009 September saw the highest number of home sales in Algiers for all of 2009 AND the most homes sold since April 2008.  While we are still running behind this same time last year (160 this year compared to 175 in September 2008), it does appear that the market is flattening instead of continuing the steep drops that Algiers has experienced for ...
Comments 2
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Current real estate activity for Algiers Point: 30 homes are for sale in Algiers Point High list price $550,000 Low list price $123,500 Average list price $276,403 Median list price $278,500 3 homes are under contract or pending sale, with an average listing price of $229,300   Based on the number of homes sold in September (2), there is a 15 month supply of homes for sale in the area Algiers Point | Number of Single Family Home Sales | September 2009 Algiers Point has had only 13 successful single family home sales this year, compared to 28 at the same time last year - a decrease of 54% in the number of closed sales. This marks the largest decrease of any of the West Bank communities that we track. What about financing? The buzz this year has been all about the first time home buyer’s ...
Comments 6
By Alicia Lagarde-Craig, Realtor, New Orleans, LA
(Keller Williams Realty New Orleans)
Status of Tax Credit:  Getting Closer     While a final deal was not reached, there were encouraging signs that a deal is very likely.  It is more a question of "when" than "if".   The proposed deal (which is still subject to change) would extend the tax credit until April 30,2010 and also expand it to "move up" borrowers.     Details of the revised homebuyer credit reportedly are as follows: Credit is changed to 10% of sales price up to $7290 For first time homebuyers, the income level to qualify is $ 75,000/150,000. For "move up" buyers the income level to qualify is $ 125,000/250,000. For "move up" buyers, they must have been residing in their primary residence for 5 years. The credit runs from Dec. 1, 2009 to April 30, 2010. Sales contracts signed as of April 30, 2010 would have 60 ...
Comments 4
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Current real estate activity in Algiers LA 70114: 104 homes are for sale High list price $550,000 Low list price $22,500 Average list price $162,589 Median list price $139,450 13 homes are pending sale or under contract, with an average list price of $134,992   Based on the number of homes sold in September (7), there is a 14.85 month supply of homes for sale in the area Algiers LA 70114 | Number of Homes Sold | September 2009 Year to date, there have been 58 successful single family home sales in the 70114 zip code of Algiers, compared to 89 at the same time last year. This decrease of 35% is one of the largest on the West Bank, making Algiers the hardest hit areas for declining home sales. While reduced sales in Algiers Point have had an impact, the condition of properties being sold ...
Comments 2
By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
First Time Home Buyer Guide - New Orleans For all of you first time home buyers out there...I am sure you already know that the $8,000 tax credit expires at the end of November.  Everybody is telling you that trying to encourage you to buy a house before the credit expires. THAT IS NOT THE PURPOSE OF THIS POST!!!! There are a lot of first time home buyers out there in New Orleans right now (due to the tax credit) and I want to help you through the process. I recently wrote a multi-part first time home buyer's guide. I encourage you to read all 8 of the posts so you will be educated about the home buying process. Here is the link: Home Buyer Guide This New Orleans real estate blog post was provided by Darryl Glade, Realtor with RE/MAX N.O. Properties. Darryl can be reached at darrylglade...
Comments 0
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
If you cannot see them! You may miss them. New Orleans Courtyards        This is your tropical courtyard and pool if you live at the Federal Fibre Mills in the New Orleans Warehouse District.  You cannot see many of the courtyards and gardens in New Orleans as they are out of site... This is one of the premier common areas in the New Orleans condo market.
Comments 1