west bank real estate: Westwego, Avondale and Bridge City, LA: January 2008 Home Sale Market Update
- 02/09/08 12:25 AM
So, what's happening in the real estate market for zip code 70094? Take a look at the January 2008 home sales vs. the January 2007 sales:
There are current 123 active listings in zip code 70094 which covers Westwego, Avondale, Waggaman and Bridge City, LA.
High list price: $430,000 Low list price: $44,900 Available homes have from 1-4 bedrooms and 1-4+ bathroom Sizes range from 504 square feet to over 3,600 square feetBased on the January sales information, it appears that the area has about a 9.5 month supply of homes for sale. (A balanced real estate market has on average a … (5 comments)
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west bank real estate: Marrero, LA: January 2008 Home Sale Market Update
- 02/09/08 12:09 AM
Following is the Marrero, LA home sales report with a comparison of January 2008 and January 2007.
There are currently 295 active listings in Marrero (zip code 70072):
High price: $615,000 Low price: $54,900 1-5 bedrooms, 1-4 baths Sizes range from 650 square feet of living area to over 4,000 square feetBased on January sales, it would appear that Marrero has around an eleven (11) month supply of homes on the market. However, the good news is that things are picking up in 2008, as evidenced by the homes under contract and pending sale:
70 homes pending sale Low price: $21,200 High … (4 comments)
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west bank real estate: New Orleans, LA: A Gardener's Dream
- 02/07/08 06:57 AM
Relocating to a new climate can be a shock to many, especially those who love their gardens. If I ever moved to the north, dealing with ice and snow would be difficult, at best, and the shorter growing seasons would definitely present a challenge. I'm used to being able to get fresh, locally grown produce every week at a local farmer's market or fruit and vegetable stand. If you are a gardener relocating to New Orleans, you will be both pleased and amazed at the variety you can grow here in southeastern Louisiana.
Since our winters are fairly mild, there is a … (17 comments)
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west bank real estate: Harvey, LA: January 2008 Home Sale Market Update
- 02/07/08 01:15 AM
Mardi Gras is over and it's time to get back to the business of selling houses. Here is the January 2008 report on home sales in Harvey, LA, zip code 70058.
Harvey, LA Home SalesThe number of sales remained constant from 2007 to 2008, while average sale prices declined by 18%. Days on market increased by over 1 week (nothing to worry about).
There are currently 179 active listings in Harvey, priced from $39,500 to $599,000. A lot of homes? Yes. But the good news is that there are 59 homes pending sale with list prices from $20,000 to $399,000. That is also … (2 comments)
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west bank real estate: Gretna, LA and Terrytown, LA: January 2008 Home Sale Market Update
- 02/06/08 06:04 AM
The January sales reports are in for the City of Gretna, LA, zip code 70053 and for unincorporated Gretna and Terrytown, LA, zip code 70056.
City of Gretna Home SalesWhile the average sale price has increased by almost 38% from January of 2007, the increase cannot be used as a market indicator with only 2 homes sold in January 2008. After our early Mardi Gras, the usual increase in spring sales should start a little sooner this year. I know that my phone has been ringing more often as more agents are calling for appointments on my West Bank listings, which is … (0 comments)
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west bank real estate: New Orleans, LA West Bank: Algiers Home Sales, January 2008
- 02/01/08 10:03 AM
It's a new year and it looks like the market is picking up in Algiers! While the national news continues to report doom and gloom, remember that home sales differ from state to state, region to region, and even neighborhood to neighborhood. Here's a review of the January 2008 home sales in Algiers, LA compared to January 2007.
Home Sales in Zip Code 70114
While the numbers above are not very encouraging, the good news is that there are 22 homes pending sale in the area, with list prices from $28,000 to $260,000. It appears that 2008 activity is definitely on the rise. … (0 comments)
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west bank real estate: The Residence at Park Avenue: West Bank Neighborhood of the Week
- 01/29/08 02:09 PM
The Residence: Luxury Townhouses on the West Bank of New Orleans in Harvey, Louisiana
I was lucky enough today to have a chance to visit one of the lovely, luxury townhouses at The Residence at Park Avenue in Harvey, LA. With a great location right off of Manhattan Blvd., this secure and gated community is a hidden gem right here on the West Bank of New Orleans. Drive through the gates and take a tour with me....
Some of the wonderful amenities in this fabulous neighborhood:
Restricted and secure gated access Private clubhouse and exercise room Heated pool and hot tub Private courtyards Beautiful … (10 comments)
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west bank real estate: Bank Owned and Foreclosed Properties for Sale: New Orleans, LA West Bank
- 01/14/08 06:38 AM
Bank owned properties are currently available in Algiers, Gretna, Belle Chasse, Harvey, Marrero, Westwego and Avondale, LA. These foreclosed properties can be a good value when purchasing a home and will sometimes provide instant equity at closing depending on the purchase price. Foreclosed and bank owned homes in excellent and very good condition are generally ready to move into, while homes in lesser condition may need some repair or updating. The cost of making updates and repairs is typically reflected in the list price of the property.
Foreclosures are sold in "as is" condition, meaning the selling institution will not make repairs to the … (3 comments)
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west bank real estate: 5 Dos and Don'ts for Home Sellers in 2008
- 01/12/08 08:07 AM
I spent an entire day this week with a potential buyer. He had a particular area in mind for his new home and we scheduled appointments to see all of the available homes in one of the subdivisions he is interested in. There are 10 homes for sale in the area we were touring, all priced within a few thousand dollars of each other. At the end of the day, one listing made the short list...that's right, only one.
There are still other areas that my buyer wants to look in, but if he decides on the first subdivision for his … (27 comments)
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west bank real estate: What's Behind the Gates?
- 01/10/08 01:29 PM
Today's home buyers have become more security conscious, they often have a desire to become more involved in their neighborhood activities and they are more keenly aware of the affects of a neighbor's property condition on their home value. These factors have led to an increase in the demand for West Bank homes in gated communities with a strong Home Owners Association.
A true gated subdivision or community limits access to the neighborhood through the use of an electronic gate, on site security, or, in some areas, a combination of the two. For some buyers, it offers peace of mind. For … (15 comments)
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west bank real estate: New Orleans, LA West Bank: Our Golf Communities Are Up to Par
- 01/08/08 07:15 AM
When most people think about living in a golfing community, they picture themselves in Florida, California, Arizona or the Carolinas, which for years have had established golf communities. They don't think about moving to the New Orleans area, where golf is a year round activity with our sub-tropical environment. If you are a golfer relocating to the New Orleans West Bank or even looking for a great place to purchase a second or vacation home, check out these courses and communities that would be perfect for you.
English TurnLocated in Algiers, LA, English Turn is a Jack Nicklaus designed, 18 hole course, … (15 comments)
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west bank real estate: New Orleans, LA West Bank Home Sales: 2007 Year in Review
- 01/07/08 02:14 AM
After a sales boom in the post Katrina real estate market, 2007 was a year of declining home sales on the West Bank of New Orleans. While prices held steady or even showed slight increases in some areas, the real story is the number of closed home sales. As the number of homes for sale continued to increase from Algiers to Avondale, the actual number of homes sold dropped throughout the year. Many cities on the West Bank showed the lowest sales volume recorded in more than 5 years and the supply of homes for sale has reached the point that … (6 comments)
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west bank real estate: New Orleans, LA West Bank: Bank Owned Properties and Foreclosures For Sale
- 01/06/08 11:37 AM
Bank owned properties in Algiers, Gretna, Belle Chasse, Harvey, Marrero, Westwego and Avondale, LA can be a good value when purchasing a home and will sometimes providing equity at closing depending on the purchase price. Foreclosed and bank owned homes in excellent and very good condition are usually ready to move into, while homes in lesser condition may need some repair or updating. The cost of making updates and repairs is generally reflected in the list price of the property.
Foreclosures are sold in "as is" condition, meaning the selling institution will not make repairs to the property. Before shopping for a … (4 comments)
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west bank real estate: Military Relocations to NAS JRB New Orleans
- 01/03/08 09:27 AM
Welcome to New Orleans!
Moving into a new area is always a bit of a challenge, especially when you don't have the luxury of a lot of time to decide on a new home. As a military transferee with orders in hand, you are faced with deciding where to live rather quickly. Most people who have never been to the New Orleans area don't know much about us except for what they've seen on TV. Speaking as a native, I can tell you that there is a whole lot more to the city than Mardi Gras and Bourbon Street.
A little about … (18 comments)
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west bank real estate: Gretna LA: 2007 Home Sales Market Report
- 01/02/08 04:50 AM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in the City of Gretna, zip code 70053.
Some highlights worthy of mention:
99 homes were sold in 2007, a decrease of over 21% from the number of homes sold in 2006. This marks the smallest number of home sales in the area in 5 years. 87 (88%) of the homes sold in 2007 had a list price of less than $200,000. Days on market for homes sold was an average of 56 days As of 1/2/2008, there are … (2 comments)
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west bank real estate: Algiers LA 2007 Neighborhood Market Reports
- 01/01/08 03:23 PM
Within Algiers we have so many diverse neighborhoods that a general state of the market report may be misleading to some. Here are some of the most popular neighborhoods in the area, along with their 2006 and 2007 sales statistics.
It must be noted that 2006 was a boom year for real estate sales on the West Bank, due to the large number of people relocating after Hurricane Katrina. With our reduced population in the metro area, that sales volume could not be sustained over a long period of time, and decreases in volume were to be expected. The higher sales prices … (6 comments)
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west bank real estate: Algiers LA Market Update 2007 (zip code 70114)
- 01/01/08 01:48 PM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in Algiers, zip code 70114.
Some highlights worthy of mention:
99 homes were sold in 2007, a decrease of 33% from the number of homes sold in 2006. This marks the smallest number of home sales in the area in 9 years. 71 (72%) of the homes sold in 2007 had a list price of less than $200,000. Days on market climbed to an average of 102 days, up 59% from 2006. As of 1/1/2008, there are 98 active … (0 comments)
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west bank real estate: Algiers LA Market Update, 2007
- 01/01/08 12:00 PM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in Algiers, zip code 70131.
Some highlights worthy of mention:
311 homes were sold in 2007, a decrease of 39% from the number of homes sold in 2006. This marks the smallest number of home sales in the area in 14 years. 213 (68%) of the homes sold in 2007 had a list price of less than $200,000. Days on market climbed to an average of 95 days, up 56% from 2006. As of 1/1/2008, there are 198 active … (4 comments)
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west bank real estate: New Years Resolutions for Home Sellers
- 12/27/07 11:55 AM
Everyone has that list, whether they write it down or just keep it in their head. All of the things they vow to improve on, change or implement in the New Year. Lose weight, get organized, spend more time with the family, focus on business....the list goes on and on.
If your West Bank home is currently for sale or you are getting ready to sell, have you considered making a list of New Year's resolutions related to how you can accomplish that goal? Here is my short list of suggested resolutions for all New Orleans West Bank home sellers:
1. I resolve … (19 comments)
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west bank real estate: West Bank Real Estate for Under $150,000
- 12/18/07 12:03 PM
You sat down with your lender and discussed all of your financial options. You have supplied all of the required documents for your loan approval. You have determined that you qualify to buy a home for up to $150,000. So, what can you buy on the West Bank of New Orleans without breaking your budget? There has been a lot of negative press about the housing market, both locally and nationally. The truth is, there are some great deals for home buyers on the West Bank of New Orleans. Take a look at what is currently for sale:
Homes Priced under $100,000101 … (3 comments)
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So, what's happening in the real estate market for zip code 70094? Take a look at the January 2008 home sales vs. the January 2007 sales:
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