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 | 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...
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...
