Tuesday, February 26, 2013


On Tuesday, February 26, 2013 RISMEDIA reported  that, according to the National Association of REALTORS®, existing-home sales edged up in January, while a seller's market is developing and home prices continue to rise steadily above year-ago levels.
Lawrence Yun, NAR chief economist, said tight inventory is a major factor in the market. 

"Buyer traffic is continuing to pick up, while seller traffic is holding steady," he says. "In fact, buyer traffic is 40 percent above a year ago, so there is plenty of demand but insufficient inventory to improve sales more strongly. We've transitioned into a seller's market in much of the country."
NAR President Gary Thomas says homes are selling faster. "The typical home is selling nearly four weeks faster than it did a year ago," he said. "In this environment, REALTORS® can help buyers strike a balance between moving quickly and protecting their interests, such as making offers contingent upon a satisfactory home inspection and obtaining a loan; of course, a loan pre-qualification may help too."

Monday, February 25, 2013

WAREHOUSE DISTRICT NEW ORLEANS CONDOS ARE RED HOT

As of today, there are only 34 condos in the Warehouse District for sale. Some of them are quite nice, and those sell fast. For many buying in today market makes much more sense than renting.
A nice one on Julia Street was listed today.



Corner unit with lots of warehouse floor to ceiling windows and natural light. Unit comes with secure parking spot. Kitchen is open to living area, custom cabinets, granite counters, stainless steel appliances, breakfast bar. Recent updates include wood floor throughout, crown molding, blinds-curtains, freshly painted. Common areas-pool rooftop, gym, city views, grilling area, clubhouse on roof.

Friday, February 22, 2013

UPTOWN VICTORIAN HOME!


http://www.5228prytaniast.z57websites.com/

PLACES TO EAT IN OLD METAIRIE-CAFE B!


I received this email from Cafe B, and thought that it’s another great place to eat in Old Metairie.
So I went last night with a friend. It was really good. I would highly recommend the "b4 Sunset Menu", a 3 course dinner served from 5-6:15pm ($18.50). The two of us ordered everything on the menu. The food, staff, and ambiance were all fantastic.