When I walked in the front door to talk with the owner about listing this incredible property in the 7th Ward, I just about passed out. Just press the play button and you’ll understand. The Bernard Villa, as it’s called, began in the 1860s as a citrus plantation. It’s a classic, double-parlored center hall with...
These stats reports have sounded like a broken record. Inventory is historically low, demand is high and prices keep going up. In January, the record keeps on skipping when it comes to inventory and demand. But when it comes to prices, it looks like the market is finally catching its breath. Once again, the number...
Krewe of Red Beans’ response to the COVID crisis continues to blow me away. First, they rolled out Feed the Front Line NOLA, which paid our local restaurants to feed front line medical workers. Feed the Second Line NOLA supported the younger culture bearers of New Orleans by employing them to deliver food to the...
I want to take a quick moment to ask for your help. In March, some kind and driven people launched Culture Aid NOLA to support members of the cultural and hospitality communities who have been decimated by the COVID-19 pandemic. As the scope of need grew, so did Culture Aid NOLA’s operation, with two massive food distributions...
The biggest real estate story of 2020 was the lack of inventory all over the country. New Orleans certainly played its part, with new listings off only slightly from 2019, and a surge of buyer demand gobbling them all up. But as challenging as things are for buyers in Orleans Parish, they’re exponentially more difficult...
Real estate markets have a seasonal rhythm to them. New Orleans is no exception. Since most people don’t want to put their home on the market during the holidays, and buyers are too busy celebrating with their families to bother looking, the year starts out slow. The number of new listings hits its peak in...
I was pulling up some charts for a conversation with a buyer who’s been talking about “waiting for prices to go down” when I came upon this one. This is the median sales price for all residential properties in Orleans Parish since January 2010: There are brief, small dips — they look more dramatic...
In a city full of unique properties, this one stands out. I was looking at listings in the 7th Ward when this one caught my eye. How could it not? Inside the beautiful, mural-adorned walls is…a completely renovated church. You wouldn’t think a church can easily convert to a residence, but this one absolutely could....
I spent some time with the November stats (I’m pretty crazy like that), and while the lack of inventory is getting all of the attention, the story of our real estate market is demand. Buyers are continuing to take advantage of these ridiculous interest rates and absorbing the new listings soon after they hit the...
“Your home is the biggest investment you’ll ever make.” Next to, “Location, location, location…” it’s the most overplayed, old-school real estate cliche there is. It’s also true for most of us, but it’s treated so differently than your other investments. If you have a 401K or any other investment account, you can log into your portal...
