Louisiana Real Estate A French Influence

Louisiana Real Estate A French Influence

Louisiana Real Estate – a​ French Influence
Obviously, Louisiana had a​ rough year in​ 2018 with Hurricane Katrina .​
The state will recover as​ will Louisiana real estate.
Louisiana has obviously been in​ the​ news because of​ the​ devastation caused by Hurricane Katrina .​
To say the​ entire episode is​ a​ tragedy is​ to​ understate the​ obvious .​
Louisiana is​ a​ state that has overcome problems before and​ it​ will do it​ again .​
For the​ purposes of​ this article, I​ am going to​ discuss the​ state pre-hurricane because, frankly, the​ state will recover within a​ year or​ so .​
It has done it​ before .​
Louisiana is​ a​ state with an​ absolute ton of​ character .​
In fact, you will find no other state in​ the​ country that can match it .​
There is​ a​ heavy French influence and​ the​ people, towns and​ cities are eclectic to​ say the​ least .​
From plantations to​ Mardi Gras to​ funky little towns to​ incredible food and​ music, Louisiana is​ state that can capture your imagination .​
New Orleans
Yes, New Orleans took a​ beating in​ the​ hurricane and​ subsequent flooding .​
This was not the​ first hurricane to​ cause damage and​ the​ city will recover .​
If you base your opinion of​ the​ city on the​ things you saw on the​ television or​ heard in​ the​ media, you are making a​ mistake .​
This is​ a​ city with extremes in​ many areas, from food to​ music to​ lifestyles and​ so on .​
New Orleans is​ like no other city in​ the​ country .​
Here you will find fire-eaters and​ street artists, old river steamboats, food to​ die for, old plantation homes and​ a​ music scene that can’t be beat .​
The French Quarter is​ beautiful and​ chaotic, particularly during Mardi Gras .​
Walking through the​ city, you’ll find little street markets, walk up eateries and​ eclectic little spots like the​ Voodoo Museum .​
The redeveloped River Walk area on the​ Mississippi River is​ a​ good spot to​ while away the​ hours as​ are the​ tours around the​ city .​
Keep in​ mind, New Orleans is​ the​ home of​ author Anne Rice and​ the​ location of​ her Vampire Chronicles book series .​
Words will never accurately describe New Orleans, it​ is​ just a​ place you have to​ investigate .​
You will either love the​ chaos or​ hate it .​
Baton Rouge
The state capitol of​ Louisiana, Baton Rouge is​ New Orleans without the​ edge .​
An easygoing city with a​ heavy French influence, the​ city feels more like a​ place you could actually live in​ compared to​ New Orleans .​
Although the​ city was hit by Hurricane Katrina, it​ did not suffer the​ devastation seen in​ other locations .​
Home to​ Louisiana State University, the​ city has a​ college feel with college football being the​ name of​ the​ game .​
Louisiana Real Estate
Obviously, figures for​ Louisiana real estate are irrelevant following the​ events of​ this year .​
Generally, single-family homes averaged $200,000 throughout the​ state prior to​ the​ hurricane .​
Appreciation rates were also a​ modest 6.5 percent .​
If there is​ a​ silver lining to​ Hurricane Katrina, it​ is​ the​ redevelopment that will occur throughout the​ state .​
Hundreds of​ billions of​ dollars are flowing into the​ state, which will lead to​ a​ major makeover .​
New Orleans, in​ particular, is​ going to​ get a​ major face-lift with as​ many as​ 40,000 structures being replaced .​
As things settle down, real estate opportunities may be plentiful.

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