Coldwell Banker Pelican Real Estate COO Steven Hebert says Lafayette Parish home sales continue to be solid through the end of the third quarter. Without the Homebuyer Tax Credit stimulus of last year, sales have been more seasonal and organic, he notes, especially compared to the wild first half and dull hangover of the last half of 2010.
“Slow and steady seems to be the rule of the day. And it appears the numbers will equal out to roughly the same results we had by December of last year,” Hebert says.
Through the first three quarters of 2011, there have been 1,641 sales at a total of $327 million. This compares with 1,736 sales and $326 million last year and 1,710 sales and $336 million in 2009. With these numbers so close together, Hebert is declaring a “statistical dead heat.”
“It’s obvious our market has remained largely unchanged during the last three years,” says the executive, who just announced that he will release monthly, quarterly and annual reports on his blog. The reports are accompanied by charts and graphics to illustrate trends and activity in the market. In this month’s blog post, Coldwell associate Sue Dupont also reports on growth in St. Martin Parish.
Reports will be available around the 15th of each month; the annual report will post in January.
Read this month’s post here.
Potenza Marketing makes fastest-growing companies list.
Local 101 class Friday
“Byzantine” is the word members of the nominating committee for the local flood protection authority often use to describe the complicated, multi-layered matrix of qualifications that must be met to fill a vacancy on that board.
In the Pelican State, Benjamin Franklin buys you about $109 worth of stuff.
Brittan Bush joins Liskow & Lewis, Blake David installed as the Third District Member of the Louisiana State Bar Association’s board of governors, and Simien & Miniex announces 2014 scholarship winners.
“In some cases, we’ve found that these parts are nothing more than used junk yard parts. In others, we’ve found them to be foreign knock-off parts of questionable quality.”
The old Daily Advertiser building on Jefferson Street is being rehabbed as the owner prepares to move it back into commerce.
Its fourth leader gone after two years on the job, the facility struggles to balance the tension between its two missions.
Hub City Cycles hits the ground running through small-business center opportunity.
The future of the coastal loss lawsuit could rest in hands of board’s nominating committee.
Leaders from the local tech community ponder the question: What's missing from Acadiana's tech ecosystem?
AT&T’s U-verse heads our way. Here’s what it means for you.
LITE’s virtual environments are changing the way local employees learn how to do their jobs.
Local tech gurus will go the distance to call Lafayette home.
A look at recent hires, promotions and other news from Acadiana's business community.
New Johnston Street eatery catapults to No. 1 spot in nearly 200-location chain.
By identifying companies that match the output of its post-secondary educational institutions, Lafayette is creating opportunities that keep highly trained graduates in the area.
Gideon’s Promise lauds G. Paul Marx’s work to improve the quality of indigent defense and helps train five new public defenders.
What will INNOV8 4.0 look like?
Courtesy Ford is honored; EatLafayette fêtes itself
AG says 50-year-old Terry Francis Savoy sold fraudulent Workers Compensation and Employers Liability insurance policies throughout the state.
The state's jobless rate rose to 5.4 percent in July from 5 percent in June. Louisiana's unemployment rate was 6.4 percent in July 2013.
Oil Center eatery plans drive-thru location on Ambassador Caffery
Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions.
Local skate shop collaborates with sneaker giant to create the "Crawfish Dunks"