Thread: Where do you think it's going from here?
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Old 08-16-2007, 09:48 PM
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Default Re: Where do you think it's going from here?
Quote:
Originally Posted by DennisAJC
Some may disagree, but New Orleans is a buyers market right now. Literally dirt cheap in the flood affected areas like the lower Cs. It'll recover with improved restructuring and property value will return. Rental properties is the way to go.

For those of you who don't know I'm a Mortgage Banker and Dennis couldn't be more correct. The past week I have taken 12 Mortgage applications Totaling over 5 Million in Mortgage money and here is the breakdown:

QTY
7 (3) Family Homes
2 (4) Family Homes
1 (2) Family Home
1 (1) Family Home
1 Condo

The wave of Multi Family homes is on the rise
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