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Louisiana Bright Spot Home Prices Hold Steady

Homes for Sale in Louisiana see a Bright light

Homes Prices in Louisiana sees a small drop compare to National averages. The Federal Home Price (FHFA) index showed in November 2008 housing cost fell by 1% in our region which includes Louisiana, Texas, Arkansas and Oklahoma. The west coast saw the biggest drop at around 8%. At these levels the price of homes in our area about the same as they were in 2005. Prices fell in 43 states, with California and Nevada showing the biggest declines.

Thinking of selling or buying a home in Louisiana? Interest rates are at their lowest points in several years. With the choice of selection in this market inventory, you can be in a new home in a short amount of time. Interest rates, insurance premium appear to be settling down and lots of inventory to choice from now is the time to act. Want to purchase or sell your property in the River Parishes, Kenner, Metairie, Slidell, Arabi, Baton Rouge and Houma, Louisiana.
Contact me Frank Rubi or any member of Team7824, We will be happy to answer any questions and help you in this very important decision. I will make your buying or selling experience stress free.

Pick up the phone and call me at 504.319.9696 or email us at rubi@7824.com.

In addition visit my websites: http://www.7824.com/

Frank Rubi, e-PRO, MBA, REALTOR®

Follow me on Twitter/frankrubi

Posted Tuesday Jan 27

Well that is great news, Frank.

Frank I am more worried about the huge increase in property taxes for us.  This makes homes as unaffordable as high prices.

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