REALTORS Optimistic for 2010… Despite Last Year’s Slow Market
Courtesy of LA Realtors.org
By most accounts, 2009 was not a banner year for real estate
in Louisiana and across the nation. However, REALTORS are
optimistic that the state has absorbed the worst of the housing
market downturn and poised for improvement this year.
“The national economic downturn caught up with Louisiana [...]

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Selection, selection, selection. There are about 8,000 resale homes on the market geographically. Regardless of the price range a buyer desires, there are plenty of houses from which to choose. Just a few years ago the resale inventory dropped below 4,000 units. A buyer was forced to make compromises if they were going to locate [...]

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Think of a declining real estate market like a stock market sell-off. In a bear stock market what tends to happen is that sellers chase the market down. In other words they keep agreeing to lower, and lower prices just to lock in what little profit they may have left. Believe it or not the [...]

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