Search for New Orleans homes for sale and New Orleans real estate listings, contact Jamie Mixon if you are interested in buying a New Orleans home for sale: 985-277-1063
New Orleans is a town that beckons romance and freedom all at once. It is a thriving area and has seen a rapid increase in recent years of people wanting to invest in New Orleans Homes for sale. Whether buying a home or investing in real estate for income purposes, the time has never been better to buy a home for sale in the New Orleans, LA area.
Home prices have steadied. During 2013, New Orleans home values were increasing, making it more difficult to find a great price on a home. Since the first of the year, the prices have stabilized. Now is a great time to buy a New Orleans home for sale at a great price!
Interest rates have decreased. Interest rates have leveled out and buyers find that they save a lot of money with these lower rates. The present rates range from 4.25 to 4.5 percent. These rates are of course subject to credit approval, but most homeowners are finding that the banks are willing to reduce interest rates.
Home values are set to see future growth. Home sales had bottomed out in past years. This means that buyers were stuck with a home with little or no resale value. Real estate experts in the New Orleans area state that homes are expected to increase in value. A home bought now, can increase in value, providing a nice equity cushion or increased real estate resale value in the future.
Great real estate investments. With local gambling not far away and vacationers always looking for a place to rent, investors have discovered that buying New Orleans homes for sale and renting it out is a great way to invest in property while making a profit. Many buyers find that they make a nice profit after paying mortgage expenses off of vacation rentals.
Business booming. New Orleans the surrounding parishes have seen an unprecedented growth in new businesses and in hiring. Families who are looking for a great home for sale in a culturally rich city might want to consider buying real estate in the New Orleans area. In addition, the schools are ranked as excellent, providing first class education to students. This may be the perfect time to buy in New Orleans, if you are looking to relocate your family!
In years past, people were wary of New Orleans and homes for sale in this area. Recent home growth and real estate sales show that this is no longer the case. If buying personal or real estate property in the New Orleans, it is best to go with an experienced New Orleans real estate agent. A local New Orleans real estate agent can save time and money, knowing the market and how to sell a home quickly.
If you are looking for a home for sale in the New Orleans area, contact Jamie Mixon at the Mixon group. She can answer any questions you might have about real estate in the New Orleans area.
Contact Jamie Mixon if you are interested in buying a New Orleans home for sale: 985-277-1063.
