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Started By
Message
re: Slowest Housing Markets - Louisiana has 3/12
Posted on 4/20/24 at 10:30 pm to Finnish
Posted on 4/20/24 at 10:30 pm to Finnish
Nothing is moving in my neighborhood.... one of the nicer ones in South Shreveport almost to Stonewall. Some great houses but prices are insane...couple that with insane interest rates and I don't blame anyone for not buying right now
0
Posted on 4/20/24 at 11:16 pm to Finnish
Shreveport is booming right now
Posted on 4/20/24 at 11:29 pm to Tmcgin
quote:
Insurance in Nola is a huge issue
Don’t forget Property Taxes in Orleans Parish. Both are out of control.
Posted on 4/20/24 at 11:36 pm to fareplay
Mine jumped to 27k for homeowners for 2024 and I was told to expect another 25% increase in 2025
Posted on 4/20/24 at 11:50 pm to fareplay
quote:
What’s the cause of this? Is it mainly hurricane floods? Damn that’s so expensive
1) lack of competition - no one wants to issue policies here
2) reinsurance costs.
A lot of companies failed after storms in 2020-2021
Posted on 4/21/24 at 4:55 am to MrLSU
Mine jumped to 19.5k for 2024 and I told them to kick rocks. First place I got a quote from dropped it to 3k for a year. I was in shock. Then original company offered to lower it to 6k. Nope. Original company did lower my car insurance 3k a year. So this year I’m going to save 20k on what they originally wanted. F’ insurance companies.
Posted on 4/21/24 at 6:14 am to Finnish
Those southwest Florida cities were superlatives during the housing market bust in 2008. De ja vu
Posted on 4/21/24 at 6:16 am to CDUBTX
Homes are significantly overpriced
______________
True.But so is rent. And cereal, milk, and hamburger.
______________
True.But so is rent. And cereal, milk, and hamburger.
Posted on 4/21/24 at 8:30 am to Finnish
Insurance & property tax higher than the damn principal.
Posted on 4/21/24 at 4:22 pm to LSUFanHouston
quote:
You can blame state politicans for the schools and the infrastructure. Not sure how much you can blame the state for insurance prices.
Pretty sure they can control the cost here. There’s plenty of things they can put in place to protect the citizens. That’s what competent governments do.
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