New Orleans, LA Real Estate News

By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
You have to be very careful as a buyer as to the lender you choose. I would always reccommned an local lender over someone from out of town. They have talk a good game but it usually in the actions. I had a listings go the ssale this week from an out of town lender. It was 4 days late closing. Everystep was late. The buyer got charged $460 for an appraisal for a condo form an appraiser who had never been to the area. A normal cost is $350 in this market. It took 4 days to get completed, 4 more days to review by an underwritter in Oklahoma.The loan officer who was in Austin, Texas missed his fees by over a $1,000 and his taxes by $3,000. They thought they knew it all and would not ask the closing company for answers. Getting ready to close on Monday and the lender who was from Ca. had bl...
Comments 6
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Bocage is a well established neighborhood in the Algiers section of New Orleans.  Conveniently located on the West Bank, off of General de Gaulle, it provides easy access to the CBD, shopping, schools and churches.  Tree lined streets provide a peaceful atmosphere for all of the residents.The market in BocageHouses are typically 3 or 4 bedrooms with a range of styles from traditional and ranch to sidewinders, with single and 2 story homes available.  Most of the homes in the area have a garage, either attached or detached.Square footage ranges from approximately 1,900 square feet to over 3,000 square feet of living areaHousing prices range from $179,000 to $245,000                          Other things to know about BocageActive homeowners association with no required HOA duesLocated in...
Comments 0
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
We had a terrible thunderstorm here in New Orleans yesterday.  Huge lightning flashes, booming thunder, pouring rain...sounded like the sky was falling.  It brought to mind my very first listing, when I was a brand spanking sparkly new agent. I was following the roadmap in our brokerage for all rookie agents, which included sending out announcements to everybody I knew to let them know I was now a Realtor®, capital R.  Lo and behold, I got my first listing from this mailing!  A couple who were friends of my mom's (they did say mail to everyone) had a rental house they wanted to sell and called me to list it.  Holy cow...what do I do now??  Well, list it, of course.  Plow through the best I can with my limited (i.e. non-existent) experience and boundless enthusiasm.Within a couple of mon...
Comments 9
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
I had only been an agent for a couple of years when some friends of mine, Sarah and Gregg, decided to leave Algiers, on the West Bank of New Orleans, and move to the Mississippi Gulf Coast.  Gregg had just received his teaching license and a job offer with a school near his extended family that would allow him to work in his chosen field and subject.  Although they owned their home, they had never actually been a "home buyer" since the property was inherited from Gregg's parents.  They were dream sellers, doing almost everything asked of them during the marketing of their home, after the inspections and getting ready for the closing.  Priced right, their house sold in about 2 weeks and they moved on to start a new chapter of their lives with their 2 daughters in Mississippi.  I checked ...
Comments 8
Go Zone New Orleans,GO Zone Preconstruction Investments and Tax BenefitsBuilders of New Orleans wants to provide best and safest real estate investment and tax strategy for your in New Orleans, Louisiana and Mississippi duplex, triplex and quad apartment investment.We provide internet real estate investors online access to our database information, city and state tax/ownership info, pictures, 3D animated drawings. satellite and video of the locations and buildings via the internet.We provide Go Zone Services which includes the construction of new duplexes, triplexes and quads apartment buildings. We provide the land acquisition services, apartment building designs and drawings, permits, construction, and financial services etc."Duplexes, Triplexes and Quads" energy efficient apartments,...
Comments 0
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
An open letter to the owners and management of Breaux Mart grocery stores:I want my Breaux Mart back.  I miss you here in Algiers.   I miss seeing Miss Doris at the checkout stand and Mr. Nick rounding up buggies and bagging groceries.  I miss everyone knowing when I was having a party by the items in my shopping basket.  I miss that sometimes daily interaction with the folks who live close to me when we meet up on the dairy aisle or in the produce section.  I miss crawfish dip from the deli section.  I miss having a locally owned business to shop at within 2 minutes of my house (selfish, but true).Those who know me are aware that I spend a lot of time "running to the store".  I almost never have what I think I want or need to cook dinner.  I am the mom who waits until the morning to gr...
Comments 2
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Louisiana SPCA now located in AlgiersSchool is back in session and as I was driving through Algiers yesterday, I noticed the fabulous sign that the Louisiana SPCA has at their new location at 1700 Mardi Gras Blvd.  Just had to stop and take a picture of it to share with everyone.  Take the time to visit their website and find out the different ways you can volunteer or make a donation tohelp support this local organization with all of the good work they do.  Looking for a 4 legged addition to your family?  Please consider one of the "Adoptables" that are patiently waiting for a new, loving family.If you already have a pet, please be sure he or she is spayed or neutered..in the words of Bob Barker, "Help control the pet population".Until next time...Lisa Heindel    Your West Bank Real Es...
Comments 6
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Algiers Economic Development Foundation LuncheonOn Wednesday, September 12, 2007, the Algiers Economic Development Foundation will hold its monthly luncheon at the Aurora Tennis & Swim Club (5244 General Meyer).  The guest speaker will be Dawn Brown, WWL-TV meteorologist who will cover hurricane preparedness.  I can't think of a more relevant topic at this time of year.These meetings are open to the public and always very informative.  It's also a great way to network with other Algiers residents and business owners.  For reservations or more information, call (504) 362-6436 or send an email to aedforg@bellsouth.net.
Comments 0
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
There is a coordinated effort of agents in the Latter & Blum Algiers office to hold open houses this Sunday, 8/26/2007.  So far we have about 25 houses being held open in Algiers from 1-3 pm or 3-5 pm.  Check this Sunday's Times Picayune for details and addresses and then come on out and visit with us!  You might find your next home or meet the perfect agent to sell your current home.I'll be at 3700 Rue Mignon in Bocage from 1-3 pm.  Hope to see you there!! 
Comments 0
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Many of my sellers are wondering (and asking me) "Why hasn't my house sold yet?"  Algiers has historically been a pretty easy place to sell real estate in, choices in schools abound, location is great, and crime is low.... what's the problem? It's easy to SAY that the market has changed substantially in our post Katrina real estate environment, but the numbers prove it.Date of salesUnits SoldAverage Days on MarketAverage Sales Price1/1/2005 - 8/1/200538330$160,0861/1/2006 - 8/1/200644561$178,6751/1/2007 - 8/1/200729091$174,512This information is provided by the Gulf South Real Estate Information NetworkAs of 8/1/2007, there were 366 active listings in the Algiers area, with an average list price of $235,841.   Who is fooling who here?  Hellooooo...Mr. (or Ms.) Seller... here are some qu...
Comments 0
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
Corner lot in convenient location.  3 bedrooms, 1 1/2 baths, plus a walk in shower in spacious utility room.  Completely renovated kitchen with new cabinets, counters, appliances and ceramic tile floor.  Attached breakfast area.  Original wood floors have been refinished in living room, hallway and all bedrooms. UPDATED 9/19/2007:  OFF THE MARKET  
Comments 0
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
The New Orleans French Quarter is a great place for second homes. You can enjoy history and never have to use your car for a long weekend. Walking gives you the chance to see much more. The local residents like to express themselves with their plants and green thumbs. The houses have no front yards so the residents have to be very creative. Being in a sub-tropical climate things grow quickly and bloom often. Take time on your next visit to see the details.                                                              Individual expression of green thumb for all to enjoy.                                                                                 The very organized approach of a European style courtyard 
Comments 3
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
New Orleans is an old city and one of the unique things about the French Quarter is the balconies. The balconies are a way to show off you plants and how nice they can be. People in New Orleans like to be outside and enjoy seeing what is going on. Many of the homes have been turned into condos which make great second homes. Presently its very hot, but our best months for weather is form October thru May. We stay green almost year round. There is much more to the Quarter than Bourbon Street. We should have a contest to see who would win. A great feature that is free. See you in the Quarter.The windows, the shutters, the iron work, the plants, the flags, gas lights all make this a unique feature                                                                                               
Comments 9
If you watch any news, I'm sure you've seen it. There was the February article in the New York Times about how New Orleans Residents are leaving town in droves; there was a Post commentary about how the city's dead, and there have been numerous other commentaries as well as so called "news" stories all revelling in what they describe as the death of a great American city, and that city's real estate market.Not to be too trite, but the tales of our death have been much exaggerated.The Times article claimed that the flow of people out of the city is more than the flow of people back in, and it cited frustrations about the slow pace of recovery. While everyone down here is eager to get things moving as quickly as possible, and while many people are frustrated with leadership and other prob...
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
The New Orleans French Quarter is a living part of history. Most of the condos in the French Quarter are second homes. Since Katrina the area has been depressed in the number of visitors and buyers for the properties. It may be time to start looking for that unusual get-away where everything is within walking distance to your condo. You can eat at 5 star places and listen to live music and New Orleans Jazz. No need to use your car. The area is filled with history, unusual shops, antiques, photo opportunities, entertainers, Harrahs Casino, The French Market and many things you cannot find at home.The area received very little damage from Katrina and no Flooding. We are seeing some great buys that will not be duplicated. I am getting a lot of interest in the past month of people looking a...
Comments 5
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
I listed a an old home that is about 100 years old about half a block from the Historic St. Roch market. As a student of history and neighborhoods I can never resist doing a little research give people a taste of the neighborhood and what happened in the past. I do a page on each new listing and try to add something that may interest people. New Oleans Real Estate my website will never be finished. The photos always give me ideas and things to find out that I did not know. Its a google away to find out some tid bits that may interest someone. Its become a hobby as makes the job a little more worthwhile.1007 St. Roch Ave.Faurboug  Marigny New Orleans St. Roch Market in Fauborg Marigny of New Orleans Ninth WardThe St. Roch Market on St. Claude Ave. once a bustling seafood market.The Creol...
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
"The Yat dialect is the most pronounced version of the New Orleans Accent. Natives often speak with varying degrees of the Brooklyn-esque accent, ranging from a slight intonation to what is considered full Yat. As with all dialects, there is variance by local speakers due to geographic, ethnic, racial, and social factors. This results in many different levels of Yat throughout the city, marking distinct differences between higher-income people, lower-income whites, lower-income African-Americans, and Creoles. African-American varieties of Yat have been significantly influenced by African American Vernacular English. Yat tends to differ in strength and intonation from neighborhood to neighborhood, regardless of race."I have no idea who can find these definitions but its very true that th...
Comments 2
By Eric Bouler, Listening to your Needs
( Gardner Realtors, Licensed in La.)
In New Orleans the locals call the call the grassy area between boulevards and streets the "Neutral Ground" . The neutral grounds are all over the city. Some are really wide where kids can play ball, streetcars can ride down the middle, and some just big enough for linear gardners. There are some that were canals that have long been closed in. The way the name came about was that it was the dividing line between the Creoles and the American Newcomers in the early 1800s. The neutral gound was Canal Street that divided the French Quarter where the Creoles resided and the Garden District and the Uptown area. Canal Street was where a canal was never dug.                                                 
Comments 4
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....
Comments 2
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 ...
Comments 2