Jason Delatte | Louisiana Real Estate: A look at what’s happening in our market
People ask me about the state of our real estate market all the time. Are homes selling? Are people buying? I’ll answer those questions and give you an idea of what to expect if you’re looking to buy or sell a home. To see the full market update, watch this short video.
Buying a home? Check out our free home search:
Selling a home? Check out our free home value report:
Jason Delatte, Realtor®
Independently Owned & Operated
Licensed by the LREC
Keller Williams Realty Bayou Partners
307 Bayou Gardens Blvd
Houma, LA 70364
How’s our market doing right now? Are homes selling? Are people buying?
The median home price increased this month to $228,000, which is up 7.7% from this month last year. That means if you’re a seller, it’s a good idea to get your home on the market now.
I’ve got some news for buyers as well. According to Freddie Mac, the average 30-year fixed mortgage rate is 4.2%, which is an increase from last month’s average rate of 4.15%. So if you are looking to purchase a home, now is the best time to do so.
If you’d like to learn more about how these numbers directly affect you, or if you have any questions about buying or selling a home, feel free to give me a call or send me an email. I’m more than happy to help.