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Average New Orleans home sales price continues to hold steady
Photo courtesy DepositPhotos. The consistently, high average price point for New Orleans metro area homes continues to hold strong as 2023 comes to a close. NOMAR reports that the New Orleans Metro...
View ArticleCommission Accomplished: “Oasis” property on Tchefuncte River in Covington...
Commission Accomplished: November 19-25 [see the SlideDeck] HIGHEST Address: 13 Lake Forest Drive, Covington, 70433 Sales price: $2.65 million List price: $2.65 million Date sold: Nov. 20 Days on...
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Top Permits: New Orleans Traffic Municipal Court receiving major renovations
Editor’s Note: A look at the top commercial and residential permits for the period of November 10-26, 2023. Main photo courtesy DespositPhotos. Noah Loveland In Orleans Parish, the New Orleans Traffic...
View ArticleLouisiana-based real estate brokerage firm continues expansion
Photo courtesy DepositPhotos. ELIFIN, a commercial real estate brokerage firm with locations in Louisiana and Ohio, has opened an office in Lafayette. With offices in Metairie, Baton Rouge and...
View ArticleCommission Accomplished: LSU, NBA legend Bob Pettit’s mansion on Garden Lane...
Commission Accomplished: November 26 – December 2 [see the SlideDeck] HIGHEST Address: 7 Garden Lane, New Orleans, 70124 Sales price: $3.4 million List price: $3,475,000 Date sold: Dec. 1 Days on...
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Top Permits: St. Stephen School to see renovations from Ida damage
Editor’s Note: A look at the top commercial and residential permits for the period of November 27-December 7, 2023. Main photo courtesy DespositPhotos. St. Stephen School in Orleans Parish will see...
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Ochsner to construct new children’s hospital in New Orleans after donation...
Photos courtesy Ochsner Children’s Hospital. Plans for a second children’s hospital in New Orleans are underway as Ochsner Health expands its pediatric presence with a major donation from Gayle Benson....
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Money Hill in St. Tammany Parish plans to quadruple in size
Photos courtesy Money Hill. Money Hill has received zoning approval in St. Tammany Parish to add more than 4,400 acres for a lifestyle community. Money Hill’s ongoing community expansion represents a...
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NOMAR publishes November 2023 residential real estate numbers
Main photo courtesy DepositPhotos. Resilience continues to be the defining word for the New Orleans real estate market as average sales prices across the New Orleans metro area have remained...
View ArticleCommission Accomplished: Uptown New Orleans penthouse condo on Perrier Street...
Commission Accomplished: December 3-9 [see the SlideDeck] HIGHEST Address: 6048 Perrier St. #4-M, New Orleans, 70118 Sales price: $2.55 million List price: $2.55 million Date sold: Dec. 4 Days on...
View Article53% of recent home sellers dropped their asking price, survey finds
Photo courtesy DepositPhotos. The honeymoon is over for the real estate market. After years of steady growth, United States housing prices peaked during the fourth quarter of 2022. Since then,...
View ArticleCommission Accomplished: Uptown new construction luxury home on Joseph Street...
Commission Accomplished: December 10-16 [see the SlideDeck] HIGHEST Address: 1522 Joseph St., New Orleans, 70115 Sales price: $2,085,000 List price: $2,149,000 Date sold: Dec. 11 Days on Market: 23...
View ArticleLouisiana, Mississippi lose residents as other southeastern states gain
Photo courtesy DepositPhotos. According to recently released data from the U.S. Census Bureau, Louisiana and Mississippi lost population while the rest of the region’s populace increased. Louisiana was...
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Guest Perspective: New Orleans Redevelopment Authority releases updated...
Main photo courtesy DepositPhotos. Headshot courtesy NORA’s website. Brenda M. Breaux As a keen observer of the real estate landscape in New Orleans, I found the recent article (NOMAR publishes...
View ArticleWill remote work continue to work as we head toward 2024? A look at the...
Photo courtesy DepositPhotos. Globally, workers have fallen in love with remote work, but according to reports, about 64% of executives believe it’s time to return to the office. It’s hard to be sure...
View ArticleA Texas-sized problem in office real estate
Photo courtesy DepositPhotos. Nearly $150 billion of office loans are maturing by the end of 2024, and more than $300 billion will mature by the end of 2026. Sadly, much of this office space sits...
View ArticleYear in Review: A look back at New Orleans business stories in 2023
Not too many single days in a year can stop New Orleans business in its tracks. But Aug. 10, 2023, came pretty close when either you got tickets to see Taylor Swift, or you didn’t. And your workday was...
View ArticleDowntown Development District touts 2023 highlights
Photo courtesy DepositPhotos. The Downtown Development District of New Orleans published 2023 highlights, including more than $100 million in construction development; the opening of more than 25...
View ArticleCommission Accomplished: New construction near Audubon Park sells for over $1.5M
Commission Accomplished: December 17-23 [see the SlideDeck] HIGHEST Address: 222 Walnut St., New Orleans, 70118 Sales price: $1,595,000 List price: $1,595,000 Date sold: Dec. 18 Days on Market: 3...
View ArticleCommission Accomplished: New construction in Lakeview sells for over $1M
Commission Accomplished: December 24-30 [see the SlideDeck] HIGHEST Address: 6039 Louis XIV Street, New Orleans, 70124 Sales price: $1,050,000 List price: $1,050,000 Date sold: Dec. 28 Days on Market:...
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