Thursday, January 28, 2016

Learn About the Latest Real Estate Trends and News

Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale


I am extremely excited about my new blog! Each month, I will send out two emails addressing trends in our local real estate market. I'll also be touching on changes to the lending and title world and tips for navigating the real estate industry. All of these industries are intertwined. In order to take advantage of the real estate market, you need to know about all of them.


Rather than simply guess what's on your mind, I want to reach out and ask you what questions you have about real estate. Are there any concepts that confuse you? Are you curious about the market in your particular area or neighborhood? I would love to answer your specific questions in my videos so other people with similar questions can benefit from them too! Please reach out by phone or email today!

What's Happening with Louisiana Real Estate?

Selling your Louisiana Home? Click here for a free home value report
Buying an Louisiana Home? Click here to search homes for sale

Before you head out to buy or sell a home this spring, I thought it'd be a good idea to let you know how our market is performing. Overall, we're in a seller's market right now. We have very little inventory, so this is putting pressure on buyers. 

Our current absorption rate is 2.5 months, which means that if no more homes came on the market, there would be no more homes left for sale. This places us squarely in a seller's market. This is great news for home sellers in the area, especially when we consider that rising interest rates will be pushing more buyers onto the market. Please call me now if you're thinking about selling your home because you have to list now if you expect to sell in the spring. 


Another thing to keep in mind is that low inventory in our area is having a positive effect on home values in the area. With fewer homes available, buyers are willing to pay more for them. You have the opportunity to sell your home for maximum price in 2016! 

Please don't hesitate to contact me if you have any further questions or concerns. I look forward to hearing from you!