• A Tale of Two Markets - 2025 Orleans Parish Market Report,Dave Christie

    A Tale of Two Markets - 2025 Orleans Parish Market Report

      The 2025 Orleans Parish real estate market was defined by mortgage rates and homeowners insurance premiums. Sound familiar?   In my almost 25 years as a Realtor (gulp), I've noticed a two compromise rule. If a house on the market is asking buyers to make one significant compromise - location on a

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  • October Stats: This Doesn't Make Sense,Dave Christie

    October Stats: This Doesn't Make Sense

      The purpose of these monthly stat posts is to spot trends, diagnose what's happening in the market, and make educated guesses about what that might mean in future. That's becoming more difficult lately.   Three charts tell the tale. They all are based on 12 months worth of numbers, to take any sea

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  • September Stats: New Orleans? Healthier? Us?,Dave Christie

    September Stats: New Orleans? Healthier? Us?

      Despite mortgage rates hovering at or slightly above 8%, the real estate market in New Orleans is much healthier than it is in many parts of the country. Seriously.   Yes, closed sales are off significantly from their pandemic peak in June 2021 - down a whopping 61%. The number of showings per lis

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