In New Orleans, a $175, 000 can promise you a bargain of 2, 200 square foot home 3 spacious bedrooms, two bathrooms.

The National homebuilder KB Home acquired 58 finished lots in New Orleans, as well as a 3,000-acre parcel in Jefferson Parish, a neighboring suburb.

Instead of going through the hassle of renovating their homes, many people decided to buy in the city's less damaged neighborhoods. This resulted to fueled sales in the market.

In the areas that were flooded, the signs '"for sale" is everywhere. This also results to high percentage of homes for sale in the city.

Mabelle

Real Estate Press