Multifamily Matters
Throughout the Southeast, the multifamily market is making a strong recovery. Overall occupancy rates average in the 90 to 95 percent range, and a lack of new development is driving rent up.
In The Rafters
The closer apartments in the New Orleans area are to retail centers and the jobs of people who rent them, the more likely it is they will be occupied.
N.O. Rental Market Called Solid
Apartment broker Larry Schedler and investment banker Mark Madderra said that despite some short-term bumps, the long-term prospects for the local apartment market are strong and opportunities exist to bring new types of rental housing to the New Orleans area’s largely older rental market.
Big Easy Shifts
People have always been attracted to New Orleans because of how many city elements are just as they were years ago—from the oak-lined streets to the Victorian mansions along St. Charles Avenue.
Apartment occupancy stabilizing in metro area
A survey of apartment occupancy in the New Orleans area shows the downward trend in rentals may be coming to an end.
Weathering the Storms
Despite natural and man-made disasters, the Gulf Coast apartment industry is poised for a rebound…
In Wake of Oil Spill, Vacant Units in New Orleans Gobbled Up by Corporate Housing
New Orleans—More than two months after the BP Gulf of Mexico soil spill first made headlines, the saga still continues.
New Orleans real estate market is healthier than the rest of the country, speakers say
The New Orleans area real estate market is much healthier than in the rest of the country, but the region is not immune from national woes…
Rental Pressures
With about 5,000 new units set to debut, apartments could be a part of the problem for home sellers.
Does New Orleans have too much subsidized housing?
A state panel seems to think so. It has halted new bonds for affordable rental