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New Orleans Real Estate Boom?

Discussion in 'Real Estate' started by SlowMovin, Sep 16, 2005.

  1. SlowMovin

    SlowMovin Beach Fanatic

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  2. WaltonUndercurrent

    WaltonUndercurrent Beach Lover

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    We've already been contacted by two people asking if we were interested in selling our place in the FQ - both were NO real estate agents. Probably some good short-term gains possible. Who knows about long-term. Nice rental property should be a good investment, say in the Marigny, FQ, CBD.
     
  3. kurt

    kurt Admin Staff Member

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    Rents tripled in Charleston after Hugo.
     
  4. Smiling JOe

    Smiling JOe SoWal Expert

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    I bet that if Panama City Beach was wiped out from a hurricane, we would see property values skyrocket in that area. Of course, they may have to change the name to something else.
     
  5. beachmouse

    beachmouse Beach Fanatic

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    Pensacola got a big spike in both rental and purchase prices after Ivan. When you've got a huge amount of damaged housing stock, and people who now need a new place to live, you get big price increases for the undamaged or reasonably salvageable.
     
  6. drsvelte

    drsvelte Beach Fanatic

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    Home prices in Baton Rouge have surged about 20% in the last two weeks. we have about 200-250K displaced New Orleanian's with many trying to find housing. I doubt it will last.
     

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