New Orleans, LA Real Estate News

By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
This past weekend while showing a new client condos for her daughter, I suggested we walk around the block and to the street car line. It gave her a chance to see the neighborhood on foot and actually how close the St. Charles Ave cars were to the condo complex. She also got to see a little park and a taste of the homes. In an urban setting this is key in getting the cleint the feel of the area. Walking is a great way to see more and get that feel. Getting the feel was important to her. I scheluled to walk around the best two units as I figured that was going to be her best choices. I also showed your some others that were so,so. This made the better units shine. She called me tonite to wiite up the offer on her #1 choice where we walked the area. There is a method to showing propeties....
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
 The Cotton Mill Condos in the New Orleans Warehouse District is an historic renovation of a cotton mill that operated in the late 1800's near the Misssissippi River. This was a destination point for cotton from the south. Cotton was a major crop in the south until synthetic fabrics were developed in the 1950s. The units were first converted into rental apartments by HRI in the 1990s in order to meet a growing trend for urban and downtown living. many of the units were of different configurations shapes and sizes. They were phased in as condos in 2004. By 2006 all 288 were sold. The owners were given choices on weather to have an updated unit or take the units as there were. Most went with the upgraded p[ackage.The historic units have some great features that make New Orleans Warehouse ...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Where else can a guy run his candy business virtually unchanged since 1915. In New Olreans this business is an icon. You can buy Sam Cortese's candy for 75 cents for a stick. You get the same flavors for the last 80 plus years. Vanilla, Chocolate, and Strawberry. See it and pull over and buy your stick of taffee. I saw him yesterday and took the photo on St. Charles Ave. There are several wagons so you can usually catch him. Did not have time as I was busy with real estate but had time to stop. Roman Candy in New Orleans                            
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Greek FestThe 34th annual Greek Festival will be held Friday, May 25 thru Sunday, May 27 2007. The location is the Holy Trinity cathedral Cultural Center, 1200 Robert E. Lee Blvd. As always there is food and more food. This Greek Fest is offer a special blend where Greek meets Cajun dishes. This will include Greek sausage, a fete cheese and crawfish appetizer.Traditional Greek bands will perform as well dancers. Admission is $5.
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
 New Orleans is surrounded by water as you may or not know. It is surrounded on one side by Lake Pontchartrain which is a brackish lake that empties indirectly into the Gulf of Mexico. it is 24 miles acroos and 40 miles long in the shape of an oval. It is unusual in that the deepest spot is about 14 ft. deep and has no rocks. It provides boaters of all types to enjoy the outdoors 15 minutes for the central business district. Its a great place to sail your sailboat day or night. The water is usually warm and there are no sharks. There are several  harbors near West End where parking your boat is inexpensive compared to other cities. Most of the fishing is at the salt water end of the lake where speckled trout are the main catch. Louisiana is a great place to fish and lake Pontchartain is...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
St. Charles Ave. in New Orleans is home to many historic homes and apartment houses that have been turned into condos. The street cars run down the middle of a divided Ave. under stately oak trees. In this particular condo you are several blocks to Audubon Park, several blocks to Tulane and Loyola Universities. You are a short ride to shopping areas, places to eat and drink. You can jog under the oak trees or walk to the park which is one of the nations oldest. You are on the Madri Gras parade route if you are from Naploeon Ave and town. its like living in a piece of history. These areas are great for a second home, student, med students, residents and people starting out who do not want to own a home yet. Take a look at New Orleans Condos to get some additional ideas. Its a great place...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Going to school for 4-5 years can be expensive. Getting an education is a great investment as the payoff will be there. Think of paying someone else rent for 4-5 years is a great return for the landlord. Rent for $1000 per month and rent for 4 years you have spent some $48,000 and have nothing to show for it. If you buy you and or your parents can get a deduction on their taxes, you build some equity, and have some chance for appreciation. New Orleans has never been a bubble market but continues at a 3-4% pace. All the land has been used for many many years. You can walk to the campuses of Tulane and Loyola Universities for the several complexes like the one below. You can live a little further away and ride the street car to the Universities. New Orleans is a great place to go to colle...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Tim gave me an idea for this blog when he was talking about the dry counties. This is the opposite end of the spectrum. The bars in the New Orleans French Quarter almost never close. You can get a drink or a great meal anytime of the day, night, cold weather, warm weather or anything in between. People do live here and have lived here for several hundred years. it more than likely has no effect on the real estate in the quarter unless you have a condo on Bourbon. Its more of a cultural thing. You do not need a car living in the quarter and have to have a spirit of adventure. We have some characters that come in all sizes, kinds form various walks of life. This is far from the mountains of North Carolina but another shot of America. throw in a couple of tatoo parlors, strip clubs, church...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
  Every property has a sign on it that is for sale. Are you prepared for a call off the sign. Do you know the particulars. Is your number and name rider up so the clients can call you. Its a great way to get clients if you know the neighborhood and what the area offers. You do not have to know the exact things as you can talk your way through the area. Make sure you have flyers describing the home and what it has to offer. I do the back of the flyer with a large note directing them to my site, New Orleans Real Estate or New Orleans Condos so they can get a full description of the property. Its a great marketing tool for the seller. be ready to sell or listen when people do call or e-mail.                                               
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
I just came across a recent study by the National Association of Home Builders that determined the approximate life expectancy of the components that make up a house.  This is valuable information for buyers so they can better budget for new appliances after a home purchase and it is also valuable to current owners for their budgeting purposes.  I will only cover a selected number of components in this blog, but if you would like to read the complete study please go to the study’s website. While the following information is useful, it should be used as a general guideline only.  The NAHB stresses that life expectancy is affected by intensity of usage and general maintenance.  (Life in years) Appliances: Dishwashers – 9 Microwaves – 9 Standard Refrigerators – 13 Gas Water Heaters – 10 E...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
The Warehouse District remains one of the trendiest destinations for condos in the New Orleans metro market. The area if full of things to do for the young professional, second home buyer and someone who likes to walk the area. The prices have remained strong. There are several new projects on the drawing board that will most likely be built including Trump Towers on Poydras Street. Prices start in the 170s and continue from there. The better one bedroom units are going to be priced at around 200k and up. You will begin to see 2 bedrooms between 250k-300k. if you are willing to do a little work there are some nice bargains. 90% of the units have been updated in the last 5 years. This area should continue to do well in the future.                               920 Poeyfarre #331$243,000C...
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
Everyone is constantly asking me…”What are interest rates doing?” or “How’s the housing market?” So I decided to go straight to an expert and ask him to be a guest blogger and help us all learn about interest rates. Brian Davidson, President of Benchmark Mortgage in Shreveport, LA is today’s guest blogger. “By far the biggest economic news last week was the better-than-expected rate on core inflation. The Labor Department reported that the Consumer Price Index increased 0.6% in March, but the core rate, which excludes food and energy, increased only 0.061%. That’s the smallest increase since November and well below the 0.2% expected by economists. The subdued inflation report gives new hope to the idea that the Federal Reserve may cut interest rates soon. While the Fed likes to separate...
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
Magazine Street in New Orleans is the furtherest thing from a mall. It is different and has many shops that are one of a kind. That is the charm of it. I went in the flag shop the other day and all the guy has is flags and poles. The store has so many flags you could hardly move. talk about a variety. the owner puts these out on the street each day. I bought one for my son for Easter. The owner wrote down the purchase in a notebook and the amount. They took VISA however. Antiques are the mainstay for the street that has become rather competitive with all the box stores and such. Maybe we possessed to stay behind the modern markets but it is sure a lot more fun to explore. No big macs here.                                                          
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
New Orleans style above ground burials date back several hundred years. many think because of low water table that people are buried above ground. This makes sense but is not the main reason. This was a custom many brought over from Europe. This was mostly Catholic unlike the rest of the country. The benefits are you do not waste ground as you just stack em in. The family is in one place. This is a fairly old one uptown in the Garden District. Nothing fancy but very interesting none the less. Its free and neat to see the names and how long some of these guys have been here. Afterwards you can cross the street and eat at Commanders Palace.                                                                           
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By Darryl Glade, New Orleans Real Estate
(RE/MAX N.O. Properties)
I recently found out about a fantastic organization that I wanted to spread the word about…Gulf Coast Doberman Rescue.  GCDR is a non-profit organization that helps Doberman’s throughout the Gulf Coast.  These very generous (unpaid!) people are truly champions of the dog rescue world.  They spend hours and hours a week rescuing, rehabilitating, and then finding the right person to adopt the Doberman.  Typically, this process takes many months, if not years.  I highly recommend anyone interested in Doberman’s to take a look at the website www.GulfCoastDobermanRescue.info.  GCDR is always looking for volunteers to help foster the dogs before they are adopted so send them an email if you want to help! The people of Gulf Coast Doberman Rescue are wonderful and I hope you take a moment to l...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Zurich Classic of New OrleansTPC of Louisiana in Avondale, La.  TPC is newly re-opened after Hurricane Katrina. The golf course was closed due to damage landscape due to Hurricane Katrina. The Zurich Classic of New Orleans dates are April 16 - 22, 2007. Go to their official web site for all the information: http://www.zurichgolfclassic.com/.  Tickets start at $25.00.  This is PGA Tour New Orleans style. There will be live music and great food. On Saturday, Better Than Ezra and Sunday Irma Thomas to name a few. Come out and support New Orleans and Enjoy great golf from the Pro's.
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By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
  The New Orleans Convention Center is a major source of jobs in the New Orleans area. Its a big draw for tourist to the area. Its along the Mississippi River in the Warehouse District among an ever increasing number of Hotels and Condo complexs. The area received little damage from Katrina and was quickly repopulated. Conventions come and go bringing people to our city. Twnety years ago this was a skid row of old buildings falling into disrepair. Today its one of the hot places to be. You can walk to work. You can have a second home here as many people do buy Warehouse Condos as its a close walk to the French Quarter which is four or five blocks away. this is waht started the renovation that continues to get started.                       
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Medical workers are in short supply in the Greater New Orleans area. Affordable housing for medical is coming to the fore front here in New Orleans. The medical staff includes all disciplines: Doctors, Register Nurses, Respiratory Therapist, and all the remaining allied health professionals are in short supply. Since Hurricane Katrina, many health care professional have relocated due to their home being lost or badly damage. The average pay for all medical personal has increase about 50% compared to Pre Katrina pay.My thought is how we as Real Estate Professional, can help bring back these professionals which we all need. We have an inventory of property, which can place many of these medical workers in new homes. One thought I have is to email everyone who you may know in the medical f...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
New Orleans Home and Garden Show The Louisiana Superdome is the site for the New Orleans Home and Garden Show. We visited the show on Saturday evening. It appears most vendors were involved with the rebuilding of property damage during Hurricane Katrina. There were two model modular homes on the floor of the Superdome for exhibit. Over all the show was nice. The crowd in my estimate was not to pre Katrina level.
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
New Orleans Home and Garden Show  Get a $2 discount on show tickets. http://www.neworleanshomeshow.com/ Show Dates & HoursThursday, March 29    2pm-9pmFriday, March 30         2pm-9pmSaturday, March 31     10am-9pmSunday, April 1            11am-7pm AdmissionAdults  $9.00 Children 12 and under FreeMilitary personnel:  $4.50 with valid IDDiscount valid for military personnel and immediate family only. Venue LocationLouisiana SuperdomeSugar Bowl DriveNew Orleans, LA 70112Phone: 504.587.3663http://www.superdome.com/ for directions, parking and banking info The New Orleans Home & Garden Show is owned by the Home Builders Association of Greater New Orleans and produced by dmg world media
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