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New Orleans, LA Real Estate News

By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
The Pre-Market approach to listing your New Orleans Condo. Make sure its all working! You only get to make a First Impression Once!  Condo Listings       The New Orleans Market is very competitive for a seller in a Buyers Market.   There are a couple of thing you can do and should do before putting your condo on the market.  Making sure it looks great and putting everything is in order will put your condo in the Driver's seat to getting sold.  I have come up with some ideas that are not the norm but will enhance the marketing of your condo.  You may have some to add? Pre- Marketing Inspection  Before listing have an inspector review your condo. I have people who will do it for $175 and may save you in the long run.  He will check all the basics and give you a report so you can fix the t...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Still a Buyers Market in New Orleans Condos! October 13th, 2009 Categories: Buyers Agent, Condo Knowledge    When I say it is a buyers market  it means almost everything favors the purchaser in this market at this time.  All the factors are lining up to be in your favor.  You can enjoy the negative sentiment and buy condos much cheaper than anytime in the last 5 years.  Still have to be selective ! Seasonal Discount- You can always buy cheaper this time of year as less people are looking.  it happens in the good and bad years. Sellers getting Weary- Sellers who were asking to much have now begun to finally know they were too expensive.  Buyers passed them by as well as agents.  The listing is now stale.  Much better buy now ! Very Low Interest Rates-  4.875% is a great rate.  The U.S. i...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
New Orleans Real Estate (Condos) Market Report September 2009 This market report focuses on Condos in New Orleans. Sept. 2009 - 705 condos for sale in New Orleans. -7.8% Sept. 2008 - 765 condos for sale in New Orleans. 29 condos sold in New Orleans in Sept. 2009. -3.3% 30 condos sold in New Orleans in Sept. 2008 . The average price for sold condos was $326,000 in Sept. 2009. 61.4% The average price for sold condos was $202,000 in Sept. 2008. The average days on market for sold condos was 122 in Sept. 2009. -6.9% The average days on market for sold condos was 131 in Sept. 2008. You may also be interested in: New Orleans Real Estate - The Definitive Blog ______________________________________________________________ This New Orleans real estate condo market report was provided by Darryl G...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
New Orleans Real Estate Market Report September 2009 This market report focuses on Single Family Homes. Sept. 2009 - 1950 properties for sale in New Orleans. -1.4% Sept. 2008- 1977 properties for sale in New Orleans. 197 properties sold in New Orleans in Sept. 2009. 44.9% 136 properties sold in New Orleans in Sept. 2008 . The average price for sold properties was $201,000 in Sept. 2009. -1% The average price for sold properties was $203,000 in Sept. 2008. The average days on market for sold properties was 85 in Sept. 2009. -19.8% The average days on market for sold properties was 106 in Sept. 2008. You may also be interested in: New Orleans Real Estate - The Definitive Blog ______________________________________________________________ This New Orleans real estate market report was prov...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
New Orleans Real Estate (Condos) Market Report August 2009 This market report focuses on Condos in New Orleans. Aug. 2009 - 708 condos for sale in New Orleans. -11.8% Aug. 2008 - 803 condos for sale in New Orleans. 29 condos sold in New Orleans in Aug. 2009. -38.3% 47 condos sold in New Orleans in Aug. 2008 . The average price for sold condos was $217,000 in Aug. 2009. -20.5% The average price for sold condos was $273,000 in Aug. 2008. The average days on market for sold condos was 93 in Aug. 2009. -31.1% The average days on market for sold condos was 135 in Aug. 2008. You may also be interested in: New Orleans Real Estate - The Definitive Blog ______________________________________________________________ This New Orleans real estate condo market report was provided by Darryl Glade, Re...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
New Orleans Real Estate Market Report August 2009 This market report focuses on Single Family Homes. Aug. 2009 - 1963 properties for sale in New Orleans. -.4% Aug. 2008- 1970 properties for sale in New Orleans. 212 properties sold in New Orleans in August 2009. 6.5% 199 properties sold in New Orleans in August 2008 . The average price for sold properties was $198,000 in Aug. 2009. -11.6% The average price for sold properties was $224,000 in Aug. 2008. The average days on market for sold properties was 98 in Aug. 2009. 6.5% The average days on market for sold properties was 92 in Aug. 2008. You may also be interested in: New Orleans Real Estate - The Definitive Blog ______________________________________________________________ This New Orleans real estate market report was provided by D...
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By BILL CHERRY, Broker & Wealth Coach
(Bill Cherry, Realtor)
and your commission on your first deal was a BILLION DOLLARS.  Here's how to comprehend its value: A billion seconds ago it was 1959. B.A billion minutes ago Jesus was alive. C.A billion hours ago our ancestors were living in the Stone Age. D.A billion days ago no-one walked on the earth on two feet. E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our governmentis spending it. While this thought is still fresh in our brain...let's take a look at New Orleans ..It's amazing what you can learn with some simple division.Louisiana Senator,Mary Landrieu (D) is presently asking Congress for 250 BILLION DOLLARSto rebuild New Orleans . Interesting number...what does it mean? A.Well... if you are one of the 484,674 residents of New Orleans   (every man, woman, and child) you...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Listing Your New Orleans New Orleans Condo, The seller needs to know what the competition is? Think like the Buyers!  Selling your Condo       You will get a good idea of the properties values from condos that have sold in your area by looking at the past history of sales.  This is important in setting a price.  This is what we know as comparables in the business.  It is what appraisers use to set values.  It should not end here when you are the sellers or the listing agent.      Knowing which properties are currently for sale are equally as important.  How does your condo stack up against this group.  You also need to be competitive with current properties for sale in your price range.  Buyers will comparison shop and start of with 6-10 properties in mind.  The buyers shop in price cat...
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By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Visit our website for the best Louisiana Real Estate School. Our Louisiana Real Estate Courses are fully accredited and approved. Our Louisiana real estate school is one of the leading online Real Estate Schools. We offer the best prices for online real estate courses available anywhere. Licensed Instructors are available to assist you with your Louisiana Real Estate course and Louisiana real estate license. Our Louisiana online real estate school offers pre and post licensing and continuing education for Louisiana  Real Estate, Appraisal, Home Inspection, Mortgage Broker, Land Surveyor, Engineer, Personal Finance, Professional Development, Counselor, Social Work, Tax Assessor, funeral director services, consumer education and legal CEU. http://www.rowlettcareerschool.com/la-louisiana.h...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Selling your New Orleans Condo! Print advertising is doing little to sell your Condo! People want to see it!  Selling your Condo       I stopped doing newspaper ads  6 years ago when I noticed no one would call on them.  The ads in the newspaper and in the real estate magazines are expensive and give you little or no return on your investment.  The small chance to sell via print ads is getting smaller by the year.  Wonder why newspapers and the post office are in trouble.  The Internet has taken over as the place to start your New Orleans condo search.        Six years ago  is about the same time I got interested in websites and how they can promote your properties.  What can a person really learn about a property, only that it is precious and the very basics from print.  People want to...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
New Orleans Warehouse District-Lafayette Square Fall Concert series! Support Second Harvest Food Bank! Another Warehouse District Activity.  Art , Music , Parks, Warehouse District    One thing about Living in the Warehouse is there is always something going on. Now we are looking at the Saints games on Sundays.  The New Orleans Hornets season is getting close.  Now you can add in the Concert series at Lafayette Square each week.  Its Thursday which is a change from the Summer series.   Second Harvest Food Bank brings back the Harvest the Music Fall Concert Series starting Thursday September 17th for seven weeks!  In its second year, Harvest the Music will feature celebrated regional and national artists including:   Irma Thomas, Anders Osborne, The Radiators, Rebirth Brass Band, Kermit...
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By Kate Schwarz
(Hotjoy)
Located in the higher end of Bocage where there has never been any flooding Flood zone "B" (best zone) No flood insurance is required by owner's lender Holy Cross College and Alice Hart Elementary within walking distance Three miles to the Algiers Naval Base and ten minutes to the CBD. Bocage has a private security patrol paid for by non-mandatory annual dues of $60 to the Bocage Civic Assoc. which also hosts several events during the year and maintains the common areas. Bocage is known for it's holiday display of the "Lighting of the Oaks" where residents wrap their street oak trees with tiny, white lights. To directly access this property, use this shortcut: http://www.fizber.com/louisiana-buy-single-family-home-11648367.html
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Lakewood Junior Golf Program NOLA Lakewood 4801 General DeGaulle Dr.NOLA 70131504-373-5926 www.lakewoodgolf.comCoach Jimmy Headrick, PGA  Coach Jimmy Headrick has assembled a fine staff of coaches to teach the game of golf to juniors' ages: 6-18. The cost is affordable @ $10 for two hour block of instruction. The Juniors will learn the basics of golf.These sessions are held every Saturday. Call for more information. Coach Jimmy works well with children. He is a member of the PGA In addition to Coach Jimmy, the Lakewood Junior Golf Program has a tremendous friend in Brad Weaver, PGA. He is the Director of Golf. The direction and cooperation along with Lakewood's care will make this Junior Program leader in junior golf instruction and growing the game of golf. Coach Jimmy's goal is not to...
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By Nakisha Brisco -New Orleans/Slidell Real Estate
( Abek Real Estate)
Year Round!There are many ways to enjoy the sights and sounds of New Orleans with your family free of charge! Walk around the Jackson Square area during the day and you'll see street performers playing musical instruments and tap dancing. Check out the area right across from Jackson Square with steps leading to the Moonwalk -- it is frequented by mimes to musicians to unicyclists performing a variety of acts for the gathering crowd. Watch the many artists who set up shop every day in Pirate's Alley and around the square; you'll see them create new paintings and portraits and display their artwork. Visit the French Market where local artisans set up shop and where fresh fruit is sold Be sure to pass by the open air gazebo near the French Market where you will hear live jazz during the da...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
Credit Scores Drop I read a interesting/disturbing article this morning about credit scores dropping.  Take a read if you can: Credit Scores Take a Hit The article is not focused on New Orleans citizens, but rather the nation as a whole.  It outlines how many individuals are seeing their credit scores drop...THROUGH NO FAULT OF THEIR OWN!!! People work so hard their entire lives to pay bills on time to keep their credit score high and now banks are causing their credit scores to fall.  What are the banks doing to cause this? The article outlines three reasons: Cutting Credit Card Lines - Banks are systematically reducing the amount of credit they have on their books by cutting credit limits.  The article states that by the end of 2010, banks will have cut about half of all available cre...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
New Orleans Real Estate - How to Avoid Foreclosure Are you one of the estimated 2 million American households with a sub-prime mortgage that is at risk of losing their home in 2009? The Center for Responsible Lending estimates that not only will those 2 million households suffer this year but others may as well as property values near those foreclosures may drop as well. We are pretty fortunate in New Orleans to have avoided the mass foreclosures as much of America has had to deal with this year. However, there still are many New Orleanians faced with a potential foreclosure. I read an article from The National Association of Realtors about how to avoid foreclosure and I would like to share with you the highlights. Your first step should be to contact your lender or service provider. Yo...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
Mortgage Market Conditions in Louisiana So we all hear about the bad mortgages and foreclosures around the world on the nightly news.  There are always stories about families losing their homes to foreclosure since they are now unable to pay their sub-prime mortgage.  I hear these stories as well, but I wondered why Louisiana has been somewhat sheltered from the worst.   I did a bit of research on our mortgage market and found some helpful info that may explain (at least in part) why we have been able to avoid huge foreclosure numbers. Based on  a report created by the National Association of Realtors in 2008, these statistics give a snapshot of the mortgage market in Louisiana: 44% of homes are owned free in clear - 32% is the national average Sub-prime exposure is 8% - 9% is the natio...
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By KARIN SMITH, BROKER/REALTOR
(SMITH REALTY GROUP)
  Welcome to Lakewood South, New Orleans, La. Lakewood South Subdivision is conveniently located near the intersection of interstates 10 and 610. A short drive to the city of New Orleans, Old Metaire as well as Metairie.  Lakewood South Subdivision is under 24 hour privately patrolled security surveillance paid for by the HOA.  The houses in Lakewood South range in size from approximately 1700 square feet to 9200 square feet with 2 - 6 bedrooms and 2 - 7 full baths.  A wide variety of architecture throughout the subdivision including traditional, french, colonial and ranch.  To view homes for sale in Lakewood South visit:www.PropertyPromenade.comYour Source for Slidell Real Estate  
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Can I use the FHA 203k to fix up a house I already own? got a foundation... we can build a house using the 203k program got a house that needs a foundation... we can build a foundation using the 203k program need to create a room addition... use the 203k loan program need a garage... ditto do you have a tiny bungalow and now garage on a "shotgun" lot... long and narrow? How about using the 203k to raise the home high in the air, install a slab for your new garage under the existing house.  as long as we have a portion of the original foundation we can ... use the 203k program to complete the rebuild mixed use building with 6 residential over three stores... turn the residential into only 4 units and you can... use the 203k program to do the work you are a builder looking for ways to cre...
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By KARIN SMITH, BROKER/REALTOR
(SMITH REALTY GROUP)
Buying a home in New Orleans, la?  Selling a home in New Orleans,  La?  Visit www.propertypromenade.com  Your Source for New Orleans, La Real Estate Website Courtesy of: Karin Smith - RealtorABEK Real EstateEmail: ksmith.realestate@gmail.comCell: 985-707-7624 I'll see you there! -Karin :)  
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