New Orleans Home Buyers May Soon Gain Leverage in Real Estate Market
New Orleans City Business › November 13, 2006
Linked as:
Summary
This time last year, sellers of metro area homes with minor to little hurricane damage were in a sweet spot.
Jeff Doussan, operating principal for Keller Williams Realty New Orleans, said Uptown homes sold for 35 percent more than the pre- Hurricane Katrina value. Right after Katrina, a shortage of undamaged housing fueled sales and home values.See the full content of this document
Extract
New Orleans Home Buyers May Soon Gain Leverage in Real Estate Market
But 14 months later, the market has flipped upside down and buyers may soon have the upper hand, real estate professionals say.
From the North Shore to the South Shore, there are more properties for sale than...See the full content of this document
Sponsored links
