1522 W. Causeway Approach

Mandeville, LA 70471

504-236-8587

KellyWaltemath@gmail.com

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June Sees A Positive Housing Market In Builder Confidence

June Sees A Positive Housing Market In Builder Confidence

  According to the latest NAHB/Wells Fargo Housing Market Index (HMI), builder confidence in the housing market for newly-built single-family homes rose 21 points to 58 this June. This is a great reading as anything above 50 shows a positive market. “As the nation reopens, housing is well-positioned to lead the economy forward,” said NAHB […]

Mortgage Demand Up Now More Than Ever

Mortgage Demand Up Now More Than Ever

Mortgage demand from potential homebuyers is up 13% annually even though the interest rates are rising. According to CNBC mortgage rates were at a record low at the beginning of the second week of June but began to rise throughout the week and spike at the week ending. The 30-year fixed increased to 3.38% from […]

Fed Says Stimulus Will Keep Coming Years After the Pandemic

Fed Says Stimulus Will Keep Coming Years After the Pandemic

As of last Wednesday, the Federal Reserve did not change the rates and maintain they will keep going with the stimulus plan until the economy “has weathered recent events.” The majority of policymakers say that the current rate levels will remain low in 2022. The Federal Reserve’s “dot plot” shows that the forecast of the […]

Audubon Nature Institute Will Reopen In Phases

Audubon Nature Institute Will Reopen In Phases

The Audubon Nature Institute is a big part of the New Orleans’ area attractions. Residents and visitors alike enjoy the museums and parks that are part of the Audubon Nature Institute. Under Louisiana’s and New Orleans’ health directive, the Audubon Nature Institute will reopen their parks and museums in phases with limited attendance and programming. […]

Questions to Ask Yourself When Selling Your Home

Questions to Ask Yourself When Selling Your Home

Every homeowner will sell or entertain selling their home at one point in time. The homebuying market is ever-changing so the seller’s home market process will always be fluid. Here are some questions to ponder if and when you are ready to list. Is now a good time to sell? The current home market whether […]

New Federal Reserve Stimulus Includes Housing

New Federal Reserve Stimulus Includes Housing

The Federal Reserve announced they are offering a round of monetary policy stimulus. The policy will include a cut in the federal funds rate to a top rate of 0.25%, lowered discount rate from 1.25% to 0.25% will ensure liquidity for depository institutions, a round of quantitative easing was enacted to include purchases of $200 […]

Existing Homes Catch the Eye of First-Time Home Buyers in 2020

Existing Homes Catch the Eye of First-Time Home Buyers in 2020

The market looks promising for those who want to sell their existing homes. The high demand for a resale stems from the lack of new home inventory. The latest Housing Trends Report from the National Association of Home Builders found that first-time buyers grew from 58% in Q4 2018 to 63% in Q4 2019. During […]

FEMA Funded $588 Million Road in New Orleans to Begin in 2020

FEMA Funded $588 Million Road in New Orleans to Begin in 2020

New Orleans is still seeing the aftermath caused by Hurricane Katrina. After years of waiting, city officials announced that the FEMA funded $588 million projects will begin this year. The long-awaited process of allocating the spending down money will be used to fix roads and underground pipe projects around the city of New Orleans. The […]