New Orleans Real Estate Market Report - January 2008 This report focuses on Single Family Homes. January 2008 - 2024 properties for sale in New Orleans. January 2007 - 2411 properties for sale in New Orleans. 173 properties sold in New Orleans in January 2008. 256 properties sold in New Orleans in January 2007 . The average price for sold properties was $175,000 in January 2008. The average price for sold properties was $176,000 in January 2007. The average days on market for sold properties was 89 in January 2008 The average days on market for sold properties was 96 in January 2007. New Orleans Real Estate Report December 2007Click here for more New Orleans Real Estate market reports __________________________________________________________________________________________________ Thi... 02/13/2008

New Orleans Real Estate Condo Market Report January 2008 This report focuses on Condos in New Orleans. January 2008 - 877 condos for sale in New Orleans. January 2007 - 883 condos for sale in New Orleans. 34 condos sold in New Orleans in January 2008. 54 condos sold in New Orleans in January 2007 . The average price for sold condos was $250,000 in January 2008. The average price for sold condos was $245,000 in January 2007. The average days on market for sold condos was 117 in January 2008 The average days on market for sold condos was 74 in January 2007. New Orleans Real Estate (Condos) Report December 2007Click here for more New Orleans Real Estate market reports  _______________________________________________________________________________________________ This New Orleans real est... 02/13/2008

Soon, I will just start adding pictures to my blog, because what is happening in New Orleans is so incredibly exciting..with this billion dollars of construction in a zipcode brings an amazing level of growth...activity that almost boggles the mind...from residential, to commercial...and the really big projects have not started yet.The appears to be a shortage of warehouses...to the point several of us are considering building a few...with some friends from Texas. 02/11/2008

So my business partner and me were out early this morning determined to tear out all the plumbing in one of our buildings in 4 hours or less.  So with generator, and tools in hand, I crawled under 100 yrs of history making my way past miscellaneous glass, bones, blacksmiths square nails from back in the day, etc and proceeded to cut, while my friend pulled out the cut pieces of galvanized, coppered, lead whatever.With one more piece of pipe to remove, I looked at the gas line that appeared to be abandoned.  Both my friend and my electrician had confirmed with Entergy, (our local monopoly / oh the power of lobbyist..but thats another story....).....anyway, I had a feeling that their may still be gas in the gas line, so I cautiously cut through the pipe.... .Now to understand why this was... 02/08/2008

If you still have any energy left over from your Carnival celebration, check out these fun activities on the West Bank this weekend:The fish fries are back!  With Mardi Gras over, Lent has begun and brings with it a return to the tradition of the Friday Fish Fry.  Who needs to cook when you can pick up or dine in right here on the West Bank:St. Andrew the Apostle  3101 Eton St.  Algiers, LA  6:00 pm - 8 pmAdult and children's plates ($7 and $5) are available along with gumbo, dessert, soft drinks and beer.St. Anthony School  900 Franklin Ave.  Gretna, LA  6:00 pm - 8 pmChoice of fried or broiled catfish or fried shrimp, served with salad, french fries or baked potato for only $7.  Seafood gumbo also available for $3, along with drinks and desserts.Christ the King School  535 Deerfield R... 02/08/2008

Relocating to a new climate can be a shock to many, especially those who love their gardens.  If I ever moved to the north, dealing with ice and snow would be difficult, at best, and the shorter growing seasons would definitely present a challenge.  I'm used to being able to get fresh, locally grown produce every week at a local farmer's market or fruit and vegetable stand.  If you are a gardener relocating to New Orleans, you will be both pleased and amazed at the variety you can grow here in southeastern Louisiana.Since our winters are fairly mild, there is a year round growing season in the New Orleans area.  Interested in planting a vegetable garden?  The LSU  Agricultural Center has a great guide to Louisiana vegetable gardens, with a planting schedule to keep you in fresh produce ... 02/07/2008

Mardi Gras 2008 is now just another page in the memory book, but it is a colorful and looooong page from the West Bank!Saturday was a beautiful day - sunny, mild temperatures - a perfect day for a parade.  We packed up the kids and headed over to J&K Cafe and Bar for the tailgate party for the Krewe of NOMTOC parade in Algiers.  Mr. John Dugas knows how to throw a party!  There was a DJ, dancing in the parking lot, catching up with people we haven't seen in a year and, of course, the parade.  Floats filled with very generous riders showered the crowd with throws.  Sunday was another gorgeous day, but with no parades on the West Bank (does anyone remember the Krewe of Poseidon?) we filled an ice chest, piled in the car and headed to Uptown New Orleans for a marathon day of parading.  The... 02/06/2008

Home Maintenance What are the home maintenance requirements for real estate in New Orleans? New Orleans is a special city…I’m sure you are thinking “we know that already!” I mean Mardi Gras ended just yesterday, how special is that!?! What I am specifically speaking about is that our climate adds an additional burden to those who own New Orleans Real Estate. There are a few easy tasks that you can complete to avoid big problems in the future. I read an article in Realtor magazine that included a maintenance checklist created by Lou Manfredini and Frank Lesh, both home maintenance experts, and will use it as a basis to my New Orleans home maintenance post. Inside Tasks: Change Filters Monthly - We use our a/c nearly year-round in New Orleans. Do you change your filters monthly? It will ... 02/06/2008

It's a new year and it looks like the market is picking up in Algiers!  While the national news continues to report doom and gloom, remember that home sales differ from state to state, region to region, and even neighborhood to neighborhood.  Here's a review of the January 2008 home sales in Algiers, LA compared to January 2007.Home Sales in Zip Code 70114   While the numbers above are not very encouraging, the good news is that there are 22 homes pending sale in the area, with list prices from $28,000 to $260,000.  It appears that 2008 activity is definitely on the rise.  It should also be noted that the extreme reduction in average sale price can be explained by the slow sales rate in Algiers Point, which historically commands the highest prices in the zip code. Home Sales in Zip Code... 02/01/2008

Will the Fed’s recent rate cuts cause mortgage interest rates to plummet this year? Most likely not because the Funds Rate (the suggested overnight rate charge for banks) is NOT directly tied to fixed home loan rates! Fixed home loan rates are directly tied to bond rates and when the stock market goes up, the bond market goes down, which means mortgage rates go up. Obviously if we experience a recession than all bets are off.So if you are looking to buy real estate, it may be the right time to lock in those low rates…because they just might go up! My friend, Brian Davidson at Benchmark Mortgage of Shreveport sent me an article that he wrote that really spells out the situation very clearly:  Historic Fed Move Cuts Both Ways for Borrowers Hot on the heels of its surprise inter-session r... 02/01/2008

Wow!  There are so many things happening in the next few days on the West Bank, I hardly know where to start.  Let's jump right in...  Algiers Ferry - Mardi Gras ScheduleThe Crescent City Connection has announced the Algiers/Canal Street ferry schedule for Mardi Gras.  No vehicles will be allowed after 1 pm through Monday and all day on Mardi Gras day.  Gretna Farmer's MarketSaturday, 8:30 am to 12:30 pm.  301 Huey P. Long Ave at the Gretna Market.  Once you have picked up your fresh produce, head on over to...   Pawdi GrasThe Plaquemines Animal Welfare Society (PAWS) is holding its annual canine parade for dogs (and owners too!) on Saturday.  Registration for the parade is at 10 am at Gretna City Hall, followed by a costume contest (dogs only) at 10:30.  The parade starts at 11 am.  Co... 01/31/2008

Relocating to a new city is full of challenges and one of the biggest is what job opportunities are available in your field.  Are you considering moving to New Orleans, LA?  Perhaps your next military relocation is to NAS JRB New Orleans and your spouse will be looking for a job in the area.  Or maybe you have visited before, fallen under the magical spell of this historic city and feel her pulling you to return...not as a visitor, but as a resident.Each year, City Business, a well respected New Orleans business periodical, polls employees throughout the metropolitan area to determine the best of the best - employers, that is.  Here are the most recent top 20 winners along with links to their websites.LegalDeutsch, Kerrigan & StilesFrilot LLC Adams & ReeseAccounting/FinancialLaPorte Seh... 01/30/2008

If you have ever visited New Orleans you know how hard it can be to choose a restaurant.  There are so many here!  So I have made a very short list of some of my favorite restaurants in New Orleans.  This is by no means a complete list...just a few that I like in a few different types of cuisines. Click here to view the interactive Google Map  So, where should you eat in New Orleans?Brigtsen's -My favorite place to eat...period!Ninja - Great sushi.Reginelli's - Informal and great pizza.Irene's Cuisine - Have to try the lamb.Babylon Cafe - Gyro plate for me!Emeril's - Chocolate souffle for dessert! Juan's Flying Burrito - Chips and salsa to start.    __________________________________________________________________ This New Orleans, Louisiana restaurant guide was provided by Darryl Glad... 01/29/2008

MMmm...walking with my bride tonight we noticed two trailers, freshly placed on an empty lot on Bienville, Midcity (New Orleans)...close to Jefferson-Davis.  Looks like Construction Trailers..for the massive project getting ready to break ground across the street.  These Atlanta developers are planning to retrofit a hospital into a shoppers paradise.  Since I only seem to shop for real estate these days, a mall does not excite me much, but the thought of such a development in my backyard is an awesome thought...especially for my property values.  Now, seeing the activity slowly beginning seems such a far cry from when I walked these streets but 2 years ago. 01/28/2008

Despite the inclement weather on Friday that postponed the Krewe of Cleopatra, I still got to ride with the Krewe of Choctaw on Saturday.  It was cold and misty in the morning as we headed to the breakfast provided by the great folks at Bennigan's in Algiers to fill up on coffee, eggs, grits, bacon and sausage, biscuits and more.  The face painter was busy making up the court members for their long awaited ride...                   After breakfast, we were off to the parade route to load up the floats and get ready to ride.  Controlled chaos best describes the scene when a parade is lining up.  The face painter handled a line of krewe members who preferred a painted face to the masks.  Floats were pulling into the correct positions.  Bands lined the streets, practicing that one last tim... 01/28/2008

How amazing it is to see changes everyday in the New Orleans marketplace! More and more people are coming back into our city...educated, skilled and ready to invest.  Such a shift is creating an environment of unprecendented growth we expect to continue into 2008.   01/28/2008

It looks like it might be a wet start to the West Bank Carnival season this weekend, so put on your rain coat, bring your umbrella and let the good times roll!Krewe of Cleopatra ParadeCleopatra rolls through Algiers and Terrytown starting at 6:30 pm Friday with the theme Cleopatra's Bits and Pieces of the Past.  Following the traditional Algiers/Terrytown route, the all female krewe kicks off the West Bank parade weekend with 21 floats and a dozen marching bands and units.  See the entire parade route here.Krewe of Choctaw ParadeIn a return to their traditional parade day, Choctaw will roll on Saturday at 11:30, immediately followed by the Mystic Knights of Adonis.  With the theme Worldly Travels, Choctaw features 24 floats and multiple bands and marching units.  Adonis is celebrating i... 01/24/2008

Mardi Gras 2008 is here! I thought I would go ahead and post the 2008 Uptown New Orleans schedule for this year’s Mardi Gras parades. Enjoy the parades and have a safe Mardi Gras 2008! Mardi Gras Schedule Friday, January 25 6:00 Oshun 6:45 Pygmalion     Saturday, January 26 1:00 Pontchartrain 2:00 Shangri-La 6:00 Sparta 6:45 Pegasus     Sunday, January 27 Noon Carrollton 1:15 King Arthur     Wednesday, January 30 6:00 Druids     Thursday, January 31 5:45 Babylon 6:30 Chaos 7:00 Muses     Friday, February 1 6:00 Hermes 6:30 D’Etat 7:45 Morpheus     Saturday, February 2 11:00 Iris Noon Tucks 4:15 Endymion     Sunday, February 3 11:00 Okeanos 11:30 Thoth 12:15 Mid-City 5:15 Bacchus     Monday, February 4 5:15 Proteus 6:00 Orpheus     MARDI GRAS DAY!! 8:00 Zulu 10:00 Rex After Rex Elks Aft... 01/23/2008

I like to give a special thanks to one of my home inspectors who does most of my condo inspections. Besides liking Matt as a person and a great dad to his kids, he does an admirable job for me inspecting condos in the New Orleans Market. I use Matt since he is on time all the time, is very flexible with his appointments, e-mails or prints the reports on site. He will call the client if they are out of town to review the report. Doing condos its most repeating certain complexs. Matt knows about most since we have used him about 50 times in the last 18 months. Matt is in it on his own so its his business so he trys hard to please and does the best job he can. Jack my partner says "Matt can always find the loose toilets" but he will find what is questionable and or broken. He will go anywh... 01/22/2008

Here are a few important New Orleans, Louisiana Websites:   City of New Orleans - Official website for the city of New Orleans Orleans Parish Assessor’s Office - Look up Orleans Parish real estate tax records. New Orleans Louisiana Real Estate - Website that focuses on real estate in New Orleans. HDLC - Historic District Landmarks Commission  To see the rest of the links please visit Darryl's New Orleans Real Estate blog.    Please contact me with all of your New Orleans Property needs. Darryl Glade ~ 504.451.8960 01/21/2008