Local News

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 billion of mortgage-backed securities (MBS) and $500 billion of Treasuries and...

Selling Your Home at the Right Price Can Make a Huge Difference

The Housing Market is hot right now across the country, with inventory low and an influx of buyer demand, but that doesn't mean you should price your home too high. Price is still a big factor when selling your home. If priced incorrectly, it could affect the sale of your house. A great way to entice the many buyers out there today is with pricing. If you list your home at or just below market value...

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 the study, the National Association of Home Builders gathered data measuring the share of...

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 $588 million projects will include 85 projects around the city...

Keller Williams Reigns Number One Real Estate Franchise

According to the 2020 Swanepoel Trends Report, Keller Williams is highly regarding as one of the most compelling and important real estate companies of 2020. The report goes on to say that the company has a huge impact on the real estate brokerage industry by and large. No wonder the brokerage continues to reign No. 1 in the industry for the last two years in row. The company itself refers to its story...

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