New Orleans Real Estate: What You Need to Know This Week
The Boogaloo goes smaller, the market gets bigger, and summer is officially here
It's Bayou Boogaloo weekend, the festival's 20th anniversary, and this year it's doing something most things in New Orleans never do: it's getting smaller on purpose.
The main stage moves to the Broadside on North Broad, with a VIP experience at the Historic Pitot House along Bayou St. John for those who want to keep one foot on the water. If you're going, enjoy it.
If you're not, the market update below will still be here Monday. Either way, school is almost out, summer is coming, and buyers who've been sitting on the fence are starting to move. Here's what you need to know this week.
Is Now a Good Time to Sell a Home in Freret New Orleans?
Freret is one of the better comeback stories in post-Katrina New Orleans.
🏡 Active Buyer Needs: Know Someone Selling?
Most people don’t realize that some of the best real estate transactions in New Orleans never hit the MLS. They happen because someone knew someone. Below are ten active buyers I’m representing right now. If any of these sound like your property or someone you know, reach out! That’s how deals get done.
🔵 St. Charles Corridor | Condo, up to $200K
🔵 Metairie | 3 bedroom home, under $300K
🔵 Algiers Point | Single Family 2 bedrooms +, up to $350K
🔵 Bywater | Double, up to $400K
🔵 Uptown / Carrollton | 3 bedrooms +, up to $600K
🔵 Mid-City | Double, up to $600K
🔵 Lakeview | Single family, up to $750K
🔵 Uptown | Single Family, under $1M
🔵 Jefferson Parish | Double or triplex, any price point
🔵 Luxury Buyer | 4 bed or larger, $1.5M–$2.5M
Know a property that fits? Call or text Phil directly at 504.335.7481 or reply to this email. No pitch, just a straight conversation about what it’s worth to someone who’s already looking.
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📰 Worth Reading This Week
🏗️ Local Builder Spotlight: Trine Builders
A New Orleans contractor that launched during the pandemic is worth knowing. Trine Builders, an 8-person firm co-founded in 2020 by Kyle Hebert and Derek Gardes, has quietly grown to $12 million in annual revenue by doing the opposite of most contractors: they stay small, skip public bids, and focus almost entirely on negotiated private work on historic buildings.
Their resume includes the Peche restaurant building on Julia Street, the award-winning restoration of the former Riecke Cabinet Works on Tulane Avenue, and the ongoing renovation of Rayne Memorial Methodist Uptown. If you're buying or renovating a historic property and need a referral, this is one of the first calls I'd make.
Via Jonah Meadows, nola.com Read the full story →
Which New Orleans Neighborhood Has the Best Deal on a Double Right Now?
Every month I pull 30 days of small multifamily data across New Orleans. Here’s what May is showing.
What I’m up to this weekend:
🥂 Saturday: Celebrating 11 years with Susie. Taking the girls on the Creole Queen cruise up the Mississippi River.
🏡 Sunday: Back to back house tours! The market doesn’t take weekends off and neither do I.
Would you be opposed to a no-pressure conversation about buying, selling, or investing in New Orleans? Grab 15 Minutes →
— Philip Ewbank · 504.335.7481 · Keller Williams New Orleans