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...
by Lane Duplechin | Uncategorized
TAKEAWAYS: •The market is rebounding after the initial slow down from Covid19 •The number of new pending sales continue to rise on a weekly basis. They are now higher than pre-pandemic numbers •New closed sales are still down (especially for the month of May compared...
by Lane Duplechin | Property Values, Uncategorized
Takeaways: •The market is rebounding after the initial slow down •The number of new pending sales is similar to pre-pandemic numbers •New closed sales are still down, but this should change in the weeks to come •The median sales price is improving year over year •Year...
by Lane Duplechin | Property Values, Real Estate Expert
Published 3/30/2020 New and pending listings are starting to declineThe number of canceled listings has increased slightlyThe number of closed sales is stable; however, this is expected since it typically takes 30-45 days for a property to close after it has gone...
