Lack of Homes for Sale in Central LA. Slowing Down the Housing Market ?
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values in CENLA are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.
However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While looks like it will remain strong throughout the winter, supply is not keeping up.
If you’re considering a MOVE to the Central Louisiana Area, You will want a Local Real Estate Professional to help guide you. Call JoAnn Deville Smith with RE/MAX Premier Realty. 318.451.2385
JoAnn Deville Smith 318.451.2385
Realtor RE/MAX Premier Realty
Each Office is Independently Owned and Operated
Licensed in the Stat of LA.