Covid-19 has given everyone a different perspective on almost everything. The pandemic has reshaped the housing market. Buyers are looking more in the suburbs away from urban areas. There are many things though that have not changed in what a buyer wants. According to a Zillow Group Consumer Housing Trends Report 86% of buyers desire a safe neighborhood, 60% want a walkable neighborhood, 53% want proximity...
The National Association of Home Builders just released their latest edition of What Home Buyers Really Want and the results are no surprise since the Pandemic. Forty-seven percent of buyer's say an exercise room is a must-have. The COVID-19 stay-at-home orders were the catalyst to the rising popularity. As far as generations, 61% of Millennials desire an exercise room and 62% of...
Peninsula Pacific Entertainment P2E, a Los Angeles-based company, hopes to open a $250 million casino resort off Exit 261 in Slidell on Lake Pontchartrain. The proposed casino will use the license for DiamondJacks, located in Bossier City, which closed last year. Louisiana will only allow 15 riverboat casinos to operate in the state and there are already 14 casinos opened in Louisiana. For this reason,...
Kelly Waltemath Named a New Orleans Biz Magazine Woman to Watch Kelly Waltemath REALTOR • TEAM LEADER MANAGING MEMBER/OWNER THE KELLY WALTEMATH GROUP LLC Kelly Waltemath still views every workday as different and special after a childhood tied to real estate and a seven-year career in the industry that began immediately after college. The young girl that grew up walking and...
The housing market is hot and with low mortgage rates and low home inventory, buyers are feeling the crunch. Inventory of homes for sale remained at a record low 1.03 million homes in February, the same as January, and dropped a record 30% from a year ago, according to the National Association of Realtors. In February 2021 homes stayed on the market for just 20 days which was a record low. Homes...
Being a first-time homebuyer or just a home buyer in the current market is tasking. There are many obstacles to overcome in a seller's market. Qualifying for a mortgage is the first step but with that, you will also need cash out of pocket. For those who can obtain a mortgage but do not have money for out-of-pocket closing expenses, a micromortgage might be the answer. A micromortgage is a home loan...
The COVID-19 pandemic is still challenging the world in many ways. The housing market is still going strong and is predicted to keep doing so. Home prices are on the rise and it has definitely become a seller's market. Even though this is an easy time to sell your home for a great price it doesn't mean you need to try and take on the task yourself. For Sale By Owner (FSBO) might look enticing right now but...
COVID-19 brought a global pandemic and high unemployment in the year 2020 but that has not stopped Americans from purchasing homes. In fact, people are still buying homes at the fastest rate in years. According to the National Association of Realtors, homes sale were at their highest pace in 14 years in October 2020. Homes sold at a swift pace in October, with more than 7 in 10 homes sold on the market...
Normally the housing market slows a bit in the fall months. This year that is not the case. October saw record levels according to realtor.com. Houses sold faster this October than they did this September which makes this a first since 2011. “In the fall, we normally see homes sell more slowly and prices pull back from peak levels. But this October, we saw a drop in the time it takes to sell a...
Elegant Exterior Phase 1A of the new community Cypress Park celebrated the completion of the first 50 homes with a ribbon-cutting ceremony on November 7, 2020. The ceremony was hosted by developer David Waltemath who plans to have the entire community of 120 homes completed within ten years. Cypress Park, located in Belle Chasse on F. Edward Hebert Boulevard is a new neighborhood with homes from the...
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