Special offer
Home > Blogs > Eric Bouler > New Orleans Area Real Estate by Eric Bouler
bookmark_border

New Orleans has a lot of empties, Most will just rot away! Its a tail of two Worlds!

By
Real Estate Agent with Gardner Realtors, Licensed in La.

New Orleans Homes, There are plenty of empties!

New Orleans Homes, Plenty of abandoned homes

     New Orleans has a lot of great homes, we love to see them.  At the same time we have thousands of empties as I call them.  Over 40,000 would be a conservative guess.  Makes you wonder why there are so many empties.  Katrina was a major cause of the new empties but there were plenty before.  This in a city that could use more residents that can pay their way.  If we could rehabilitate or tear down just one hundred a month, we could finish in just under 35 years. Since the progress is more like 10 per month then 350 years is more likely.

Award of Merit

Comments (9)
Subscribe to CommentsComment

Submit
Show All Comments
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Eric, that is very sad, those figures are staggering. The issue is... who can pay, who has a job, who can afford a renovation of that magnitude. The home you highlighted is a grand old home for sure, makes me think of all the happy times that happened there and could happen again. Such a waste.

Nov 30, 2009 11:41 PM
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

Eric, I agree with Andrea - Very sad and staggering numbers.... I had no idea the situation was so bad in New Orleans.

Debi

Dec 01, 2009 02:20 AM
William Johnson
Retired - La Jolla, CA
Retired

Hi Eric, This is a very sad commentary. With the hundreds of billions used to bail out our banks only to find that so many are not living up to their end of bargain, then see the see the blight of the " Empties" , it makes you wonder how our priorities have changed. With a disinterested press corp, situations like this continue to exit. Hundreds would be too many and be a local travesty. Tens of thousands is a state and national tragety.

Your work is always enlightening and excellent in its presentation. Please accept this Award of Merit for your post with our Congratulations.

Award of Merit

To add your Award Ribbon to your
post: Right click on the ribbon, save it to your desktop, add the
ribbon to the top left corner of your post using 9 vertical, and 9
horizontal space under the appearance tab in the insert/edit button.

Dec 01, 2009 03:51 AM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Eric I remember before Katrina there was about one house per block empty.  I gues we have two or three now.

Dec 01, 2009 05:39 AM
Sallie Williams
Keller Williams Realty RED STICK PARTNERS - Baton Rouge, LA
REALTOR - MBA, Baton Rouge

Eric, congratulations on receiving the PBG blue ribbon! Great photo.  Eric, who owns these homes?  The banks?  Who will be responsible for the expense of demolishing?  Are there problems with vagrants, bugs, mice, mold, and various health hazards?  Very sad situation.  How can people help?  Brad Pitt can only do so much.

Dec 02, 2009 12:05 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Sallie, The City is responsible but does very little unless money is involved to family and friends. They have been known to tear the worng ones down.

Dec 02, 2009 03:39 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Eric - The archetecture that is indigenous to your area is so unique.  It is a sad state of affairs that there isn't an innovative way to restore and preserve what is there.  Not everyone is in a position to be a homeowner in New Orleans.  However, I would think the draw of tourism would draw investors into the area that could rehab, restore, and perhaps turn many of these properties into rental properties or vacation homes.  I'm sorry to hear The City seems to not move unless money is involved to family and friends.

Dec 02, 2009 11:54 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Myrl, The problem is not new. Its what happens when there is only one political party. Race is always used as a scape goat for failure.  Many public officials are going to jail almost monthly. I place a lot of blame on the Federal Government. Its just too many poor people in one place. Between public housing and Section 8 you most likely have 20,000 households out of a population of 325k. Figure a average house of 4 then you have 25% being taken care of by the rest of us. The area is far poorer than almost any area in Blue States.

Dec 02, 2009 02:06 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

This reminds me of Baltimore. Baltimore has a staggering 40% vacancy rate.

Dec 10, 2009 11:12 PM
Back to Top

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?