According to this Bloomberg Businessweek article, the answer would be.........LAKE CHARLES. That is right, Lake Charles is projected to be the strongest housing market in Louisiana by 2014!
Further, the same report projects a 6% increase in home prices over the next four years."
The articles also anticipates "a low point in prices reached in the third quarter of 2011.
Buyers! Knowing the interest rates will more likely go up than down significantly, and that prices may well go up, what does that suggest?
Obviously, this is a great time to build or buy a home in the Lake Charles area.
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Mine is a specialty real estate business. I represent individual and estate land owners in Southwest Louisiana as well as select real estate agents and firms.
Upcoming Exhibitions at Historic City Call Arts and Cultural Center
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The pavilion in Bord du Lac Park
Margaret Place Historical District
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Another Great Restaurant in Downtown Lake Charles, MaryAnn's Cafe!
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The ultimate recognition by the Calcasieu Historical Preservation Society...The "Landmark Award!"
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