Tag Archive for: new homes

Land on the West Bank, Close to New Orleans

Sometimes, the southern region of the crescent in the Crescent City of New Orleans gets overlooked for its potential to offer benefits for those home buyers who are interested in being near New Orleans but not necessarily living in the city of New Orleans.  Land on the West Bank is still available in an established, master planned community just over the Intercoastal Waterway in Plaquemines Parish.  Plaquemines Parish is an odd-shaped piece of land that extends from the “base” of New Orleans all the way down to where the land seems to disappear into the marsh.  Because of this, the parish gets a reputation for being flood prone or “too far south” to be livable for those looking to commute to work everyday in the Central Business District (CBD).

At The Parks of Plaquemines in Belle Chasse, Louisiana, we offer the best of both worlds.  You can live in a parish that has significantly lower bills (taxes, city rents, utilities), in a gated community, in a safe environment (only one way in or out of the parish from our location with low crime), only 10.2 miles from downtown New Orleans.  Also, a 5-094HUGE perk of choosing to live just outside of the city limits is the fact that Plaquemines Parish has one of the best rated school districts in the state of Louisiana, so if you are moving with your family, there is a guaranteed quality school district to send your children.

The subdivision itself also has a lot to offer.  In addition to being able to buy your own lot and custom build your new home (if you wish); you can also enjoy walking and hiking trails carved out around the community.  Inside the community we have built a community swimming pool, tot lot / playground, and tennis courts as amenities for our new home buyers.  New Homes are available now at The Parks of Plaquemines, and we are slowly building out the community with both traditional housing as well as new construction garden homes in our Villas Neighborhood.

Our master planned neighborhood is located near everything the West Bank in Jefferson Parish has to offer with shopping, dining, and entertainment locations, the day-to-day office visits that are “life necessary” such as doctor’s 3-099and dentist’s visits, veterinarian appointments, and even home business visits such as accountants and lawyers.   There are two ways to access New Orleans – across the Crescent City Connection bridge or by ferry at Algiers Point.  New ferry boats are in the works because of a bill signed recently by the governor to get them operational as well.

Real estate in New Orleans is scarce, and prices are higher because of supply and demand.  If you are interested in living in an established neighborhood, you may want to consider living a little bit farther away in the comfort of a beautifully maintained and quality built subdivision such as The Parks of Plaquemines.  Contact Us at 504-364-2350 or E-mail [email protected] for more information.

Good News About Home Pricing in the United States

Economic triggers can be confusing for the lay person in understanding why some price increases are better or worse than others.  Higher oil prices are good for Wall Street but bad for people that buy gas.  Higher priced stocks for Apple are great for stock holders and Wall Street and also good for consumers because it makes Apple products more affordable.  So it is with home prices.  Higher home prices can be bad for home buyers but good for home sellers.  Home prices that show steep increases month-over-month can indicate an “out-of-control” housing market which would mean that the real estate market was unstable.  OR, it could mean that housing prices were rising after a steepNew Home on Traditional Lot drop to sustainable levels.

The good news about home pricing in the United States now is that home prices are slowly drifting to an average level comparing month-to-month pricing nationwide.  During 2012, home prices dramatically increased for months at a time, sparking concerns that the housing market was headed to “bursting the housing bubble” – the problem that caused the Recession to begin with.  However, throughout 2014 and 2015, home prices have stabilized to a slow growth pattern, and in some cases, a no growth pattern where prices stay the same for a few months at a time.

According to the Federal Housing Finance Agency (FHFA) and the Standard and Poor’s/Case-Shiller reports, home pricing for both new single-family homes and pre-existing single-family homes has shown a steady recovery with annual growth rates of 4.1% and 3.4% in March and April, 2015, down from a growth rate of 8.6% in February.  Home pricing in New Orleans has increased year-over-year from 2014 – 2015, but it has been an increase that has trended more towards “normal” than excessive growth – matching the national trend.

Click Here for the Source of the Information.