Jeff Craig Realtor: New Orleans Real Estate and Neighborhood News

Real Estate Agent - Keller Williams Realty New Orleans
Jeff Craig Realtor, New Orleans, Real Estate, Historic Neighborhoods, Home Search, Buyers and Sellers Information, French Quarter, Uptown, Garden District, Mid City, Faubourg Marigny, Bywater, Lakeview, Lakefront, Warehouse District, Condominiums, New Orleans Architecture, Culture, links, Information, Festivals, Events
N.O. area home prices up 8 percent in January POSTED: 03:15 PM Wednesday, February 10, 2010 BY: CityBusiness staff reports TAGS: Gulf South Real Estate Information Network, home prices, home sales  The average selling price of homes throughout the New Orleans metro area in January was up 8 percen...
ATTENTION HOME BUYERS!  CHECK OUT THIS ROCK BOTTOM SALE! GRAND OPPORTUNITY FOR AFFORDABLE HOME OWNERSHIP: Announcing a BIG SALE on the Townhomes located at Guste Island Subdivision in Madisonville.  All of the townhomes are located in the "Village" section of Guste Island on White Heron Drive an...
With most loan products offering 100% financing disappearing with the downturn in the housing market, many home buyers with little to no cash for a downpayment or closing costs have had a harder time finding loans that they can afford. For many people in this situation, a USDA Rural Development L...
With all of the negative news surrounding us these days, from the collapse of the housing market to the latest unemployment figures, many of us assume that now is not the best time to make an investment in real estate. In all actuality, just the opposite is true! Now is the time to buy! And for a...
So I've recently had the pleasure of representing a first-time homebuyer here in New Orleans.  Once he was prequalified, we narrowed down his search to best fit his wants and needs, settling on certain section of "northwest" Gentilly including the Mirabeau Gardens, Oak Park, and Vista Park neighb...
Property taxes in Orleans Parish are due in advance at the beginning of the tax year. Parish taxes are due January 31 and are delinquent February 1. Residential property is assessed at 10% of its appraised value, less a $7500.00 Homestead Exemption (if applicable). A property owner may only claim...
  "What is the interest rate that you are offering on the loan?" Keep in mind that if the loan is an adjustable or a reset loan, they will want to know: the index, the margin, the initial rate period, the adjustment period, the adjustment period & life of loan caps, the conversion option details,...
Where do rates come from?   The general wisdom is that mortgage rates tend to follow the treasury yield.  However, this is not always the case, and on some days, do the opposite.    Mortgage bond prices, not treasury yields, drive mortgage rates.  But, real-time mortgage bond prices are tough to ...

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