Archive for the ‘Local News’ Category

7th Ward New Market and Restaurant

Vance Vaucresson’s family has been a part of the 7th Ward neighborhood in New Orleans for a while now. His family owns the Vaucresson Sausage Co. who has been part of the New Orleans Jazz & Heritage Festival and in restaurants and local family recipes. The building which once housed the home of the company […]

Holiday Light Show Set to Celebrate 5-Year Anniversary of Lafitte Greenway

Supernova, the name of the light show that will celebrate Lafitte Greenway’s 5-year anniversary for the holidays this December, is based on the light-based art exhibit called Supernova. Friends, NORD and the Arts Council New Orleans’ LUNA Fete is responsible for this free outdoor holiday display running from 5 p.m. to 9 p.m. December 9- […]

Homeowners and Buyers Came Out On Top This Election

COVID-19 helped push mortgage rates to record lows. Now, the 2020 presidential election is the catalyst to the 12th record low in mortgage rates this year. The unpredictable election was the reason it pushed mortgage rates even lower. “Interest rates dropped to another record low this week … because of uncertainty around the election results,” […]

Current Mortgage Rate Trends

The current mortgage rates are at record lows and have been for most of 2020. COVID-19 has a lot to do with the current trends in the market. The uncertainty in the U.S. economy as well as the unpredictable stock market has fueled the low rates. COVID-19 added some additional cost therefore the Federal Housing […]

New Orleans’ City Park Voted Number One of the Best City Parks in America

Thrillist, an online media website under Group Nine Media, covers food, drink, travel and entertainment through cities in the United States, Canada and Europe. The media source ranked the top parks around America and New Orleans’ City Park made the list. City Park is well known and one of the oldest urban parks in the United […]

The West Bank of New Orleans Gets a Geographers Attention

Richard Campanella, originally from Brooklyn, is a Tulane University geographer. Campanella is the author of the book “The West Bank of Greater New Orleans: A Historical Geography”. The book is based on the West Bank and is a researched account of the land, its history and its people. This is Campanella’s 11th book and took […]

A Jump In Homebuyer Traffic

Even with the COVID-19 pandemic, 2020 has seen a lot of upticks in the residential real estate market. In fact, Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), believes that the sales will be higher this year than they were last year. His prediction for next year forecasts an 8 – 12% […]

New RTA Ferry Between Canal Street and Algiers Point

A new ferry called the RTA 2 took its maiden voyage on October 10, 2020, after two years of delays. Passengers will be taken on the Missississippi River between Algiers Point and Canal Street. The RTA 1, RTA 2 and another aluminum boat were slated to be completed in 2018. The vessels were completed on […]

Is Now A Great Time To Build a Single-Family Home?

According to the Census Bureau’s 2019 Survey of Construction (SOC), the time it takes to complete a single-family house from authorization to completion of construction is 8.1 months. Broken down it is a little more than a month from authorization to start and around 7 months to complete construction. The time is not always the […]

Home Sales and Prices Are Still on the Rise

As the summer data is being recorded, home prices and home sales continue to rise. It’s no surprise with the low mortgage rates and increases in pending home sales. The S&P Dow Jones Indices’ S&P CoreLogic Case-Shiller U.S. National Home Price Index data rose at a seasonally adjusted annual growth rate of 4.7% in July, […]

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Kelly Waltemath
The Kelly Waltemath Team
Cell: (504) 236-8587
Scott Waltemath
Phone: 504-231-7998
Keller Williams Realty Services
1522 W. Causeway Approach
Mandeville, LA 70471
Office: (985) 727-7000
Each Brokerage Is Independently Owned & Operated.
Classic Properties Management Corp.
3520 Holiday Drive, Ste A
New Orleans, LA 70114
Office: 504-364-2350
Licensed in Louisiana