World Property Journal » New Orleans Real Estate
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Go through our blog and update your knowledge about the New Orleans real estate market. THE WORLD PROPERTY JOURNAL was founded in Miami, Fl in the fall of 2010 by veteran real estate, media, and technology entrepreneur Michael Gerrity and has been consistently quoted, cited, and interviewed by hundreds of other mass news media outlets worldwide over the last decade.
World Property Journal » New Orleans Real Estate
2d ago
New government data shows U.S. single-family homebuilding and permits fell in April 2024, amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for sale ..read more
World Property Journal » New Orleans Real Estate
2d ago
According to a new report from CBRE, the majority of street retail districts appear to be thriving with foot traffic in prime trade areas expected to fully recover to pre-pandemic levels by Q3 2024 and surpass those levels by 2025 ..read more
World Property Journal » New Orleans Real Estate
2d ago
According to new data from the National Association of Realtors, existing U.S. home sales declined in April 2024. All four major U.S. regions experienced month-over-month decreases. Yet, year-over-year sales fell in the Northeast, Midwest, and South, but rose exclusively in the West ..read more
World Property Journal » New Orleans Real Estate
2d ago
Based on Freddie Mac's latest Primary Mortgage Market Survey for the week ending May 23, 2024, the 30-year fixed-rate mortgage averaged 6.94 percent ..read more
World Property Journal » New Orleans Real Estate
1w ago
Based on data from ATTOM's newly released first-quarter 2024 U.S. Home Equity & Underwater Report, 45.8 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter ..read more
World Property Journal » New Orleans Real Estate
1w ago
Based on the most recent survey from Freddie Mac's Primary Mortgage Market Survey, the average rate for a 30-year fixed-rate mortgage in the U.S. stood at 7.22 percent as of May 2, 2024 ..read more
World Property Journal » New Orleans Real Estate
1w ago
Based on new data from Redfin, the median U.S. monthly housing payment hit an all-time high of $2,894 during the four weeks ending May 5, 2024, up 14% from a year earlier, and home prices rose 4.5% to their own record high ..read more
World Property Journal » New Orleans Real Estate
3w ago
Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 7.17 percent as of April 25, 2024 ..read more
World Property Journal » New Orleans Real Estate
3w ago
Based on the National Association of Home Builders newly released Remodelers Survey, results revealed that bathroom and kitchen remodels remain the most popular projects in 2024 ..read more
World Property Journal » New Orleans Real Estate
1M ago
In March 2024, housing starts declined by 14.7% to a seasonally adjusted annual rate of 1.32 million units, influenced by higher-than-anticipated interest rates and persistent inflation, as reported by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau ..read more