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Louisiana Real Estate

Louisiana Real Estate

Louisiana Real Estate

Louisiana is one of the southern states of the United States; at it’s southern point, it is met by the Gulf of Mexico. Geographically speaking, it is located near Texas and Arkansas. Louisiana’s capital is Baton Rouge; however, it is more famous for New Orleans, which is a cultural epicenter of the state, and is a large tourist attraction during Mardi Gras. 
Topographically, Louisiana has many hills, and various other types of land. It is also considered to be subtropical and is relatively humid. One of the largest drawbacks of Louisiana’s situation in the Gulf is the occurrence of Hurricanes, which have cause significant damage to many houses and Louisiana’s real estate. 
 
Louisiana real estate, like all other real estate markets throughout the United States, is in tumultuous state at the moment. LA real estate has taken many hard hits between the economy and the damage caused by hurricanes, dissuading prospective buyers from purchasing housing in the more coastal regions. Hurricanes happen every year and Louisiana is one of the states that is situated within the path of destruction. 
Though precautions are taken to protect the housing developments, Hurricane walls and various other procedures can only withstand a specific amount of force. With the recent occurrence of more powerful hurricanes, more damage is being done each time. Take these issues, and pair it with the economic struggles of the nation, the Louisiana coast real estate market does not have an advantage, at any rate. LA real estate, though now very affordable, cannot be purchased because of credit issues, and is still viewed with apprehension regarding natural disasters.
 

Mandeville Real Estate

Mandeville Real Estate

Mandeville is one of towns of Louisiana; geographically wise, it can be found across the lake from the famed New Orleans. When it was first created, it was known as a large agricultural center. However, it has branched out into service goods and various other economically stimulating areas. 
One thing that is significant about Mandeville, Louisiana is that its location has been hit by a significant number of hurricanes, in most recent years there has been an increase in natural disaster occurrences surrounding the Gulf region. In many cases, the damage from the hurricanes is caused by the surge of water after the initial hurricane, which caused damage to a number of the houses; one of the most recent and catastrophic hurricanes that cause destruction to Mandeville LA real estate was Hurricane Katrina. 
 
Mandeville, like many other coastal regions of Louisiana is desirable because of it’s rich cultural history and beautiful surroundings. But even Mandeville realtors know that water damage and serious issues regarding natural disasters will occur in this region. Mandeville relators are often honest about the drawbacks of living in the region, and can help to find insurance policies to help alleviate financial burdens caused by the natural disasters and overall costs. 
Mandeville LA real estate has an average listing of around $300,000 at the present time, but because of the houses that have been foreclosed on, the median sales range is significantly lower. Overall, Mandeville is a relators’ challenge, when it comes to sales in this economy.
 

Monroe Real Estate

Monroe Real Estate

Monroe is a smaller city, in the northeastern section of Louisiana; across the river from Monroe is West Monroe, these two locations are often referred to as sister cities. Monroe is a developed location known for shopping, entertainment, and being the general center for the surrounding neighborhoods. 
For many of the individuals who live around the Monroe area, their jobs are found within the city; the city’s economic status primarily comes from the services provided and the money accumulated from taxes and various other collections. For those who live in Monroe, it is comprised of over 40 smaller neighborhoods within the city and on the outskirts.
One of the selling points of Monroe city is the real estate; particularly the amount of Monroe real estate available, the accessibility to the city, and a reasonable price range. 
The accessibility to the city is a key factor in Monroe real estate, because there are different locations which to choose from. For individuals who prefer city life, there are neighborhoods of houses and apartments within the city limits; this makes the businesses, restaurants, and the rest of the city available within walking distance, or with a hop on public transportation. 
However, some people looking into Monroe real estate would prefer a house outside of the city limits. This is often to separate home and business, and to provide a safer and more secure area for family.
Regardless of the type of housing, there is a surplus of housing options on the Monroe real estate market such as: apartments, houses, and even houses that have fallen under the foreclosure bracket. Now, the foreclosure bracket has helped to bring down the price range of houses within Monroe real estate. 
The average listing for Monroe house is around $170,000. However, the median prices is anywhere in between $70,000 to $110,000, because a fair number of houses are being sold within the foreclosure market, and not in the average pricing bracket.