Resales

Market Conditions

Is the real estate market beating the heat in New Orleans? Local real estate expert, Geri Bowen, reports, "Property values in central New Orleans have risen 49.1 percent since August 2005 (Times Picayune). I am so excited about the rebuilding of New Orleans. The city is going to be better than ever. This property value increase is due to the new construction and remodeling. This is also the perfect time to buy a gutted home for a great bargin in an excellent area for a huge discount. I look forward to working with you in the future." According to a recent AP report, the 1st quarter of 2008 saw sales jump 60 percent. The New Orleans Metropolitan Association of Realtors reports 3,829 residential units were sold, 960 more than the same period in 2005. Click here to view current Market Conditions in your location.

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