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 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.

Louisiana is a region that has always been appealing because of it’s rich, cultural aspects. It is a conglomeration of various different cultural influences, set in a beautiful, southern area. Real estate in Louisiana is one of the most desired, and risk endeavors, because of the Hurricanes, and general damage caused by natural disasters.

Louisiana real estate, traditionally, has always been a challenge for real estate agents. The reason this is so is because of the serious weather conditions which impact the overall status of the state. In particular, coastal areas have suffered massive damage because of Hurricanes. However, on a purely monetary side, it has become one of the regions hardest hit by the collapse of the economy.

 

Lafayette Real estate is generally located on the outskirts of the city of Lafayette. This region is desired because it is in commuting distance, but gives relief from the city at night. On the highest scale, houses are on the market for millions of dollars in Lafayette, but because the economy is so poor and credit is almost inaccessible, the most common area of housing purchases are less than $200,000.

 

Mandeville is located right across from New Orleans, and has been the recipient of serious damage caused by hurricanes of the past, namely Hurricane Katrina. This has made the housing market an already hard sell, because, though beautiful, there is a high risk factor of natural disaster damage in the area. But with the serious strain of the economy, the prospects of selling property in this region are even more dismal.

 

Monroe is a smaller city in the northeastern section of Louisiana. It is a location in which the housing market is more of a suburban one, and one where commuting is the preferred avenue to get to work. This area, like all others has had significant issues regarding the housing market, because of the strain of the economy. Houses sell in Monroe for around $100,000. And there has yet to be a sign of increase.