New Orleans Real Estate is Doing Very Well
New Orleans real estate market is doing very well these days as speculators and optimists are buying up homes in the city and surroundings.
The market is not sizzling hot, at least by comparison to New York and San Francisco in recent years. Still, it is stronger than anyone might reasonably expect four months after Hurricane Katrina, with prices for houses in many areas at or above prestorm levels.
“Right after the storm, if I had heard myself talking like I am now, about setting records in some offices and posting three record-breaking months in a row, I would’ve wondered what Kool-Aid this guy was drinking,” said Arthur Sterbcow, the president of Latter & Blum, an 89-year-old New Orleans real estate firm that bills itself as the largest on the Gulf Coast. “But every day it gets crazier and crazier in a positive way.” The last few months of 2005, Mr. Sterbcow said, have proven to be “the best period in the history of our company.” via New York Times
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
