French Quarter Condo Market, Lot of things always going on in the Quarter….

French Quarter Real Estate Collage FB2

        The French Quarter Condo Market is really doing well in 2012.  The nice things are selling rather quickly if they are fixed up and updated.  The majority of buyers are going to be second home buyers and they generally do not have the time to update.  They want something ready to go.  The other hard sell is the very small units under 400 sq. ft that will not be approved for a conventional loan.

     The mid range and upper end condos are  the units that are selling which is a good sign.  This is the case in the New Orleans Condo Market as well.  You are still going to units that are overpriced that tend to stay around for a while. 

     I recently sold one on Toulouse that had only been on the market for less than a week.  It was move in quality.  My client lives in Mandeville, Louisiana and wanted a place in the French Quarter.  Kids in college and wanted a place to enjoy on long weekends and to have friends use when needed.  The rates are still below 4% and more local banks are lending as they know the New Orleans Real Estate Market has shown a drastic improvement since last Fall.

    Many locals in New Orleans may just not get to the Quarter that much but an ever increasing amount of locals are purchasing so they can have fun and enjoy a different lifestyle.  That is why I will share my photos from this week when a lot of things were going on.  There is virtually a top festival almost every weekend these days.  So here is what I saw……French Quarter Real Estate Face Book  is where I post a lot of photos along with New Orleans Homes.   This is what I was able to see in about 90 minutes…..

  French Market Streetcar in New Orleans

Hanging Baskets on Barracks Street in New Orleans

Royal Street Corner in French Quarter

Masked Girls in French Quarter New Orleans

 Joan of Arc, New Orleans

 Window Shopping FQ, Endowed Models

 Full Balcony in New Orleans

 Hanging Basket in New Orleans French Quarter

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Eric Bouler Realtor
Gardner Realtors
Metairie - New Orleans, La. USA