covington homes for sale: Sellers - 08/26/07 12:32 AM
I keep reading and hearing about the great buyers market.  I know there are plenty of homes on the market.  I believe the vast majority of the sellers are only going to drop prices so far.  After-all they also will have to buy elsewhere at market price..This market price has gone up quite a bit over the past fifteen years or so.  Even building a home is expensive.  My point is the market will determine where the real estate industry winds up.  No one is smarter than the market.  The market will do as the market will do. … (4 comments)

covington homes for sale: Excess Inventory - 08/25/07 01:27 AM
I drove past several new developments in the Ponchatoula area.  This is about 45 miles West of Slidell where I live.  I guess there were forty to fifty houses all together.  I believe only three didn't have for sale signs.  There were also some developments that only had roads and nothing else.  I blame the housing problem on the developers and the ones who loaned the money.  It is going to take a long time for this inventory to be bought by buyers. … (3 comments)

covington homes for sale: 110 Lakelawn - 08/22/07 02:42 PM
This listing in Eden Isles features a nice home for the money.  There is a view of the 7th green of the www.oakharborgolf.comfrom the back patio or the upstairs porch.  Competitively priced below any comparable home in the subdivision.  Features include a split level home with three bedrooms and 2 and a half baths.  Large den and master.  Security system with two car attached garage.  Agents bring your buyers to this home someone will buy it and I think soon. … (1 comments)

covington homes for sale: Do you have an agent - 08/20/07 10:20 AM
I received a phone call yesterday on a listing I hold.  I promptly and clearly asked the man if he had an agent.  His response was no he didn't.  So I made arrangements to show the property today to him.  I had the dual agency papers for him to sign.  All of a sudden he has an agent.  That's ok, I just wish he was honest up front.  I was all dressed up with no where to go.  Oh well I hope they make a nice offer.  I am sure many of you have had this happen to you.  … (13 comments)

covington homes for sale: Wallace Louisiana open house - 08/19/07 12:56 AM
Brand new subdivision one mile west of the Veteran's Memorial River Bridge In Wallace across the river from Lutcher.  Come and see Frank or myself from 3-5 today.  This subdivision is finally got it going.  The new highway will be finished later this year and these properties should appreciate once that is finished.  We have brand new houses and to be built for the 180's and up.  Homeowners and covenants in place.  Follow the signs. … (1 comments)

covington homes for sale: Your Time - 08/18/07 12:08 PM
I finally learned to turn my phone off after a certain time.  I actually got the idea from someone who commented on a blog I wrote.  I don't remember your name, but thank you.  This is probably the only thing I hate most about the business.  I find it hard to make " your time" your time.  Turning the phone off works.  Anyone who wants me bad enough will leave a message and I will call them back the next day.  My wife and I enjoy the time together more. … (9 comments)

covington homes for sale: More waterfront living - 08/16/07 10:43 AM
Yesterday I bloged about the Eden Isles subdivision that offers waterfront living.  Today I am talking about The Moorings.  This is a newer subdivision of larger more expensive homes.  All of these homes are on water also.  The man made canals lead to Lake Pontchartrain.  T00 and up.  A very nice area to reside in.his is a gated neighborhood (see picture), which gives the sense of more security.  The homes in this area start at about 400,000 and up. … (1 comments)

covington homes for sale: Open House - 08/15/07 07:17 AM
I just rode by a home in my neighborhood that is for sale.  I noticed the agent was having an open house today.  I was wondering, how is the traffic on a weekday?  Did you advertise or just see how it goes?  I would greatly appreciate any advice from other agents who have done this. … (5 comments)

covington homes for sale: Value for your Money - 08/15/07 01:25 AM
I read a lot of articles recently on giving value for your money.  I recently listed a home in Eden Isles that shows value thru and thru.  This is a large home that was redone after the hurricane.  We priced it to sell.  This house is the least expensive per square foor by far in the area.  To many people think their house is special.  Every house in the area was redone after the storm.  So you have nothing extra there to talk about.  Price your house reasonable and you will probably sell it otherwise, wait in line. … (1 comments)

covington homes for sale: Waterfront Living - 08/15/07 01:10 AM
I recently listed a house for sale in the Eden Isles subdivision of Slidell.  This is an above average income area with most homes on a navigable watrway.  This waterway leads to Lake Pontchartrain.  Any of you familiar with hurricane Katrina know this name very well.  Tjis is the lake that broke the levees and flooded New Orleans and all of the South shore.  This lake also flooded the Slidell area and Eden Isles neighborhood very severely.  Well that was almost two years ago and Slidell and the area look for the most part better than before the storm.  I believe … (2 comments)

covington homes for sale: New listing in EDEN ISLES - 08/13/07 05:51 AM
Just listed.  Value for your money. Oriced to sell, best price in Eden Isles.  Split level floor plan.  Spacious master above garage with a balcony and view of the 7th green of Oak Harbor Golf Course.  This home is located in a cul-de-sac with 3 bedrooms and 2.5 baths.  Large den and kitchen also.  Attached two car garage along with security system.  All together over 1900 sq. ft. of living for 235,000.  A must see. 
 
(3 comments)

covington homes for sale: Everyone needs a vacation - 08/08/07 11:37 AM
OK guys I am back fresh after a few days vacation.  Ready more than ever to corner Southeast Louisiana real estate market.  To use a broker friend of mine favorite quote "work hard play hard".  I have to admit, he is more right than wrong in my opinion.  I actually think this was a good time to go on vacation, because the calls have all but stopped at the moment.  I think the heat of the summer and kids back to school have people busy doing other things.  Anyway, I am back until Vegas, when I take another break from it … (3 comments)

covington homes for sale: Answer The Phone - 08/02/07 02:19 PM
I had written quite a while ago about returning phone calls.  A house we just closed on had a listing agent you could never get hold of on the phone.  I had the appraiser calling me, the mortgage company, everyone.  They all told me the other guy didn't return phone calls.  I just ask that you have the courtesy to return calls when you have the time.  My time is as important as yours. … (7 comments)

covington homes for sale: Finally - 07/31/07 03:00 PM
Well what do you know?  We had the act of sale today and the buyer and seller were quite civil.  I have to admit I was worried.  I kept my phone close by just in case.  You never know.  Actually it was mostly uneventful.  I wish I could make something up but I can't  Oh well at least I will sleep well tonight. … (5 comments)

covington homes for sale: Can't Wait - 07/30/07 09:53 AM
Several of my blogs over the last month have been about one house and the buyer.  Man, what a fiasco this one has been.
This mess started after the appraisal didn't come in at the contract price.  Well after I thought the deal was dead the seller caved.  Great I still have a deal going.  We do a final walk thru and behold things are missing.  The surround sound speakers are gone and the curtains are gone.  Well these things were in the contract that he signed.  I find out from the agent that a faxed copy of the contract was signed and you really … (5 comments)

covington homes for sale: Open House - 07/29/07 02:24 AM
I am conducting an open house today in Madisonville from 2-4 at 209 Whispering Lane.  This house is an acadian style only three years old.  Chattanooga red brick floors in the kitchen and den give it a French Quarter type feel.  The kitchen is large and has plenty of custom made cypress cabinets.  The master has white oak floors with an attached office and large walk in closets.  The master bath is large along with a jacuzzi tub.
Antique Chattanooga brick makes and vinyl makes up the exterior.  This house has real functional cypress shutters along with sprinkler system. 
Located in Whispering Timbers Subdivision … (1 comments)

covington homes for sale: Eagle Point Slidell Louisiana - 07/28/07 05:05 AM
I live in the Eagle Point subdivision in Slidell Louisiana.  There are currently 10 houses for sale.  These houses range from 220 thousand to 257 thousand.  I see one is under escrow, another one under contract recently expired.  These houses have been on the market for some time.  I truly believe the prices are still to high.  The sellers are trying to get over 140 a square foot.  In this market I feel that is more than a bit ambitious.  I truly believe 125 a square foot would move this inventory.  I will continue to watch this and see how it … (2 comments)

covington homes for sale: Patience - 07/26/07 02:07 PM
OK guys I know you have seen been thru it before.  Last week we had a house that didn't appraise for the contract price.  I tried to get the buyer to give the seller some time to think about it.  My buyer was persistent, he wanted a decision now and was going to cancel everything, unless he heard by such and such a time.  Well he did exactly what he said he was going to do.  Well guess what?  The seller accepted the deal on Monday.  I called the buyer and now he wanted the house.
Well we tried to close on … (3 comments)

covington homes for sale: Chicken Little - 07/25/07 10:47 AM
After listening to the ever optimistic news media thats all I could think of at the time.  You remember 'the sky is falling, the sky is falling.  Unsold houses rose for the fifteenth thous-ant month and foreclosures reached an all time high.  Give me a break.  They forget the price run houses had for the last fifteen years.  Like the stock market eventually it has to catch it's breath.  I am sure most of the foreclosures were from people who should have never been given loans in the first place.  On the other hand this, in my opinion is the time … (6 comments)

covington homes for sale: Used car salesman - 07/24/07 01:02 PM
That's right, thats what a client (I am being polite), called the listing agent and myself recently.  Just so happens this guy is an insurance adjuster for a living.  We went round and round on a deal that was falling apart bad.  The listing agent asked for permission to talk to my client which I granted.  The buyer went into his tirade about us etc.  Finally the listing agent told him he wouldn't comment about insurance adjusters if he stopped calling us used car salesmen.  Both of us live in Slidell Louisiana.  Hurricane Katrina passed right over us and clobbered his … (8 comments)

 
John Walters, Licensed in Louisiana (Frank Rubi Real Estate)

John Walters

Licensed in Louisiana

Slidell, LA

More about me…

Frank Rubi Real Estate

Address: Pearl River, La, 70452

Office: (504) 470-3199

Mobile: (985) 640-1817



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