Where Are We?
It’s a super time to buy! Great looking, well located, 2 bedroom homes from $225,000 – $249,000. (renovated flood homes even less). Luxury homes at 75-80% of pre-Katrina prices, and luxury Condominiums at ~ attractive prices. Interest rates are stable, and the new, Orleans Parish tax (millage) has been reduced by about 24%. Want to trade up? Now’s the time, the market will be stronger in spring.
Thinking about remodeling?
Construction costs are significantly higher, but prices of excellent homes are lower. Look around, then do the math… before you decide. You could very possibly trade way up for less.
Neighborhood Organizations
Join and support your neighborhood organization. Through the support of its members, neighborhood organizations are a great way to increase political clout, improve services, obtain important information, decrease crime, and improve over-all safety.
A true story
Recently, a neighbor introduced me to a man looking for a home for his brother. I offered my assistance; and he said he’d ask his brother if he already had an agent. Two hours later he called and said his brother did have an agent, and he mentioned the agent’s name. As a wild coincidence, at lunch that very day I sat right next door to that agent who told me, “I really dislike this business, buyers drive me crazy, and I really prefer working at my side line”. Ethically, I could say nothing. Moral of the story: Work with dedicated professionals. I love this business, and look forward to assisting you any time you have questions about real estate.
You don’t have to be buying or selling, call me; I am at your service,
Middie O’Malley

