Tag Archive: New Orleans Real Estate

What Will the New Ferry Schedule Do to Algiers Point?

Algiers/Canal Street ferry landing

With the sunsetting of tolls on the Crescent City Connection, the Louisiana Department of Transportation and Development is now fully in control of the Algiers/Canal Street ferry operations, including the schedule for service. What I don’t think most people anticipated was that the operating hours for the ferry would be so drastically changed that they…

How To Estimate Taxes When Buying a New Orleans Home

Property Tax Estimator for New Orleans LA

Because the New Orleans Multiple Listing Service (MLS) doesn’t provide information on property taxes, we often get asked by home buyers how to determine what the taxes will be on a particular house. If you are considering purchasing a home in Orleans Parish, there’s a quick and easy way to estimate your potential property taxes…

New Orleans MLS is Making Agents Do What They Should Have All Along

How hard is it to take a few pictures?

If there is one thing that is a certainty about most REALTORS®, it’s that they don’t like change. They complained when they had to start putting their listings online They complained when legal descriptions became mandatory They complained when they were required to upload disclosures to the MLS so agents didn’t have to chase them…

New Orleans Homestead Exemptions Are Now Permanent

New Orleans real estate

I must have been asleep when the Louisiana Legislature passed La. R.S. 47:1703:1 last year, but I certainly became aware of it when I received the nicest letter from the Orleans Parish Assessor’s Office. Dear Homeowner, Our records indicate that you have successfully applied for and received a 2012 Homestead Exemption.  This letter is to…

Random Thoughts and New Orleans Real Estate Musings | 4/6/2012

Spring is time for renewal

Some random thoughts that I had to share with someone, so it might as well be you Believe it or not, multiple real estate offers DO still exist.  They might not be common, but it still happens.  If your agent tells you that there are other offers on the table and it’s a house that…

Is Pulling Listings from Online Syndicators in the Best Interests of Home Sellers?

Searching for homes for sale in New Orleans

Last week, there was a heated discussion in the real estate industry when a San Diego broker publicly announced via a YouTube video that they would no longer allow their listings to be displayed on realtor.com, Trulia or Zillow.  It’s a little long, but here’s the video in its entirety: If you can’t see the…

Holiday Un-Decorating Can Double as Prepping Your Home for Sale

Find your New Orleans West Bank home before the holidays

If your house is not already on the market, odds are you are waiting for the holidays to be over before doing so.  I remember when I sold my last house, there was no way I wanted to be “show ready” while in the midst of baking, decorating, wrapping presents and entertaining.  AND, I didn’t…

Finishing Touches For Investors Matter

Finishing your New Orleans renovation

While out touring new listings recently, there were a couple of flips on the list. (A flip is a home purchased by an investor, updated or renovated and then put back on the market for sale) Now, in this buyer’s market, it’s hard enough to sell most homes, but when an investor is working on…

Do I Have to Repay the First Time Home Buyer Tax Credit If I Sell?

Tax returns and tax credits

We’ve been running across some folks that took advantage of the $8,000 tax credit when they purchased the New Orleans home that they would now like to sell.  It brings up the question, what happens if you sell before you have lived in the home for the required 3 years? I checked out the rules…

Finding a New Orleans Home Shouldn’t Be Such a Challenge For Consumers

Searching for homes for sale in New Orleans

One of my pet peeves with the New Orleans MLS (Multiple Listing Service) is that they have not kept up with the times in regards to how they share real estate listings with the agents that subscribe to the service or with the home buying and selling public. There are literally hundreds and hundreds of…