Shreveport Louisiana is a large city in Northwest Louisiana. Shreveport and Bossier City are two cities divided by the Red River, so most real estate agents work both large cities. So, what is HOT this summer in Shreveport Louisiana?
1. A fair amount of people are consumed with learning about sub-surface (mineral) rights. The Haynesville Shale was announced to be under all of us here in Shreveport and Bossier City, and land men are all over the place trying to lease sub-surface rights. I have heard of people getting up to $15,000 in bonus money per acre and as little as $250 per acre.
2. The rental business is really heating up. Barksdale AFB looks like it is getting some new units, the workers that will be brought in for all the drilling of gas, and the troubled mortgage market has kept vacancies down and landlord profits up!
3. The purchase of Rental Property are on FIRE. Shrevport and Bossier City are one of the few cities left in America where finding CASH Positive properties is very easy!
4. Friestad Realty is heating up rather quickly! Friestad Realty has just added a property management division and an REO division to keep up with the trends in the real estate market here in Shreveport.
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