by Lane Duplechin | Uncategorized
I’ve heard a lot of talk of inventory being low for the Acadiana Market Area lately. I was interested in finding out what the data is indicating the amount of inventory for our area. More specifically, I will focus on detached single-family housing for Lafayette...
by Lane Duplechin | Market Update, Uncategorized
New listings have started declining over the past several weeks. New pending properties have been stable, with the exception of two weeks ago. We have just seen the highest number of closed sales in one week since I have started tracking data on a weekly basis. The...
by Lane Duplechin | Market Update, St. Martin Parish
All of the metrics in the year over year data are moving in a favorable direction. Year to date data is indicating more of an unfavorable change than the year over year data. Although difficult to see, the red trend line is moving in a favorable direction. The red...
by Lane Duplechin | Uncategorized
Year over year data indicates that the values have declined approximately 3.0% for Iberia Parish Year to date shows most of the metrics are changing in a favorable direction. Year to date (Ending June 30th) the total number sales have declined in Iberia Parish Year to...
by Lane Duplechin | Uncategorized
The Lafayette Parish Housing Market Summary: It would seem likely that a global pandemic and a decline in the oil and gas industry would cause our real estate market to slow down dramatically. On the contrary, interest rates are now so low that they are offsetting...
