2016 Louisiana Real Estate Market Predictions

Source: Trulia They're always having a good time down on the bayou in the Baton Rouge real estate market!

Louisiana is known by many names: The Pelican State (official), The Bayou State, Child of the Mississippi, The Creole State, Sportsman’s Paradise, The Sugar State, and The Boot. It became the 18th state in 1812. The state’s area is 51,843 square miles, making it the 31st in the nation by size. The eastern border is… Continue reading 2016 Louisiana Real Estate Market Predictions

2015 Louisiana Real Estate and Housing Market Predictions

See sights like the Musicians' Village in the New Orleans LA real estate market Source: Flickr

The Louisiana real estate market enjoys some of the most distinct qualities of any state in our nation. It is the only state with political subdivisions called Parishes (local governments that are equivalent to counties). Since many of the state’s lands were formed by Mississippi River sediment washout, Louisiana contains large areas of deltas, swamps, and coastal marshes.… Continue reading 2015 Louisiana Real Estate and Housing Market Predictions

2014 Louisiana Housing Market

With such unique and diverse scenery, the 2014 Louisiana housing market appears to be just as charming as the state itself. This real estate market is currently undergoing many changes. What’s more, these changes occurred at a rapid pace. Some of the changes may appear to be drawbacks to some of you. However, we prefer… Continue reading 2014 Louisiana Housing Market

Affordable Home Owners Insurance

Home owners insurance policies have sky-rocketed in some states, while others are seeing their policy prices remain close to the same. All this has occurred amid record high profits in the insurance industry. Last year insurance companies netted $68-billion, while insurance policies cover less and cost more. In 2005 insurance companies profited a record $48-billion.… Continue reading Affordable Home Owners Insurance

Four Million US Homes Risk Hurricane Damage

By Mike Colpitts As homeowners move to coastal areas in unprecedented numbers, more than 4 million are at risk of suffering storm damage from hurricanes, a new all-time record high, according to an industry research report. This years CoreLogic report indicates that slightly more than 4 million homes along the Atlantic and Gulf Coast regions… Continue reading Four Million US Homes Risk Hurricane Damage

Chinese Drywall Damage Tops 100,000 Homes

By Mike Colpitts Attorneys are working on a class action settlement with the makers of Chinese drywall that has damaged or destroyed more than 100,000 U.S. homes. But the drywall, which has been used in the construction of homes since as early as 2001 may soon be outlawed in the U.S. Homeowners in at least… Continue reading Chinese Drywall Damage Tops 100,000 Homes

BP Oil Spill Triggers Major Home Value Loss

By Mike Colpitts A study of home sales in Louisiana, Alabama, Mississippi and Florida along the Gulf of Mexico shows that home values have fallen an average of 15% so far as a direct result of the BP oil spill. The devastating impact from the massive oil spill has also contributed to the growing foreclosure… Continue reading BP Oil Spill Triggers Major Home Value Loss