New Orleans Real Estate - Positive News!

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Real Estate Agent with RE/MAX N.O. Properties

New Orleans Real Estate - Positive National News Article

Did you see the article in the Los Angeles Times on April 5, 2009 about New Orleans? It is nice to read something positive about New Orleans for a change.  I encourage you to read the article.

The article talks about how we have basically "dodged" the recession. The main reasoning the article uses to explain why the recession is largely missing us is Katrina.  It says that all of the Federal dollars that we were given for our recovery are holding up our economy.  A combination of low unemployment (as compared to the national average), billions of dollars of Katrina aid ($19 billion unspent), and stable housing prices all lead to a basically solid economy.

You may also be interested in: New Orleans Real Estate - The Definitive Blog

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This New Orleans real estate condo market report was provided by Darryl Glade, Realtor with RE/MAX N.O. Properties. Darryl can be reached at darrylglade@remax.net or by phone at 504.451.8960. Darryl's office is conveniently located in Uptown New Orleans at 8001 Maple Street. Darryl works throughout the Greater New Orleans area including Uptown, Lakeview, Broadmoor, Mid-City, Metairie, Kenner, Westbank, French Quarter, and the Warehouse District.

For New Orleans and the metro area real estate info, please see New Orleans Real Estate.

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Darryl Glade RE/MAX

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