New Orleans housing market posts 2025 good points
KEY TAKEAWAYS: New Orleans metro residence gross sales rose 1.7% in 2025, totaling 11,865 transactions. Common gross sales worth elevated 4% to $357,833, with houses spending 68 days on market. St. Tammany, Jefferson, and Orleans parishes confirmed robust annual worth…
Trump officers put together government order on housing affordability
KEY TAKEAWAYS: Govt order goals to help first-time patrons and handle housing affordability considerations. Proposals embrace 50-year mortgages, bans on investor purchases, and tax-free 401(okay)/529 withdrawals. Insurance policies might broaden housing provide by new development, moveable mortgages, and deregulation. Plans…
Company funding in residential housing could also be one other hurdle for first-time consumers
KEY TAKEAWAYS: Practically 9% of residential parcels in 500 U.S. counties are owned by firms. Investor possession is rising, particularly in older industrial metros like St. Louis and Buffalo. States launched laws in 2025 to curb company shopping for of…
Reasonably priced housing advocates in New Orleans are divided over a $45M housing bond on upcoming poll
KEY TAKEAWAYS: $45M reasonably priced housing bond proposed alongside $510M citywide bonds. Debate over whether or not bond enhances or replaces Housing Belief Fund. Bond meant to fund bigger multifamily developments and hole financing. Housing Belief Fund continues with 2%…
Development begins on $19M Hollygrove reasonably priced housing growth
Take heed to this text Key takeaways: Grove Place II is a $19M challenge including 36 reasonably priced houses in Hollygrove. The event consists of historic renovations and new sustainable housing. Funded by way of LIHTC, historic tax credit, and…
Federal grant funding freeze hits New Orleans reasonably priced housing, local weather jobs initiatives
Hearken to this text New Orleans for-profit group Xavior Estates LLC has a enterprise mannequin of shopping for houses within the metropolis, together with some blighted properties, renovating them and providing them for hire for lower than market worth to low-income…
Archdiocese of New Orleans seeking to separate from invaluable housing company Christopher Houses
The Archdiocese of New Orleans is seeking to half methods with a number of unbiased residing residences amid its ongoing chapter case involving clergy intercourse abuse. Archbishop Gregory Aymond issued a press release Thursday saying that the archdiocese is having…
Blighted former almshouse in Algiers to be reworked into new inexpensive senior housing group
Take heed to this text A historic, long-blighted almshouse in Algiers can be reworked into a brand new, inexpensive senior housing group. HRI Communities (HRIC) introduced January 30 that it has closed on the $6 million of financing from the Metropolis…
Economists’ 2025 housing market forecasts largely name for mortgage charges to remain above 6% subsequent yr
Take heed to this text Residence customers hoping for extra engaging mortgage charges subsequent yr could also be upset. That’s the takeaway from a number of economists’ 2025 housing forecasts, most launched over the previous couple of weeks. A lot…
UNO to host seminar on New Orleans metro housing challenges
Take heed to this text The College of New Orleans Institute for Financial Improvement & Actual Property Analysis will host a seminar on the Economics of the New Orleans Metro Housing Disaster. The seminar will happen from 10 a.m. to…