Archive for the ‘Local News’ Category

Freddie Mac Wants To Help Renters Build Up Their Credit Through

Renters now have a chance to use their rental payments to help build their credit scores. Freddie Mac has a new program that allows renters to use their on-time monthly rent payments to build up their credit. This is good news for the renters but also for the owners or managers of rental properties as […]

Plaquemines Parish New Oil Terminal Cancelled

Tallgrass Energy Partners is now going back to the drawing board to discuss different options for the property in Plaquemines Parish that was slated to become an oil export terminal and pipeline. The Midwest energy company called off the $2.5 billion project last month as they felt the world is going another way away from […]

Home Sale Both Existing and Pending Are Strong the Month of October

According to the National Association of Realtors (NAR) pending home and existing home sales rose in the month of October 2021. This is surprisingly good news considering the low inventory and rising home prices. As of October 2021, the Pending Home Sales Index (PHSI) rose from 116.5 to 125.2 which is an increase of 7.5%. […]

Caroling in Jackson Square, December 19, 2021

2021 Caroling in Jackson Square is an annual holiday tradition in New Orleans.   700 Decatur St New Orleans, LA 70116 December 19, 2021 7:00pm    Click Here for More Information or Call 888-756-6250.  

New Orleans Home Prices Future Outlook and Effect on the Economy

National industry leaders say that the housing market might slow down soon affecting the home price increases. Although this report looks negative, local New Orleans real estate specialists are confident the market will not go cold soon. “I don’t think weakness is the right word for what we’ll see; I think it’s going to be […]

Reports Show an Increase in Steel Prices While Lumber and Concrete Prices Fall

Good news in the residential construction industry. Both lumber and concrete products have dipped in price. This has caused prices paid for goods used in residential construction ex-energy decreased 0.8% in September (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The price index of services […]

Suburban and Exubran Communities See The Fastest Home Building Activity

The pandemic has not only changed buyers’ perspectives on what they want in a home but also where they want their home to be located. More and more buyers are searching in the suburbs away from crowded urban areas. Surprisingly the multifamily sector is seeing more new home starts in the suburbs and lower-cost markets. […]

Hilcorp Might Purchase Phillips 66 Refinery in Belle Chasse

This can be both good news and bad news for Belle Chasse and Plaquemines Parish. Phillips 66, which is based out of Houston wants to sell its Alliance Refinery in Belle Chasse. The good news is that Hilcorp Energy Co. is considering purchasing the refinery but the bad news is over 850 workers and contractors […]

New Project Set To Be Constructed on Al Copeland’s Lakefront Property

Years ago Al Copeland Sr., founder of Popeyes Fried Chicken, purchased a big piece of lakefront property in Mandeville. His plans for the property, a 30,000 sq. ft. home, horse stables and a helipad never happened. Today, the Copeland family has given the 29-acre property that is worth $7 million to the LSU Health Foundation. […]

Riverfront Hotel Planned for New Orleans Convention Center Will Still Happen

The Ernest N. Morial Convention Center has chosen AECOM-Broadmoor to oversee their $557 million project to upgrade the complex. This is the first upgrade project since the convention center was constructed in 1984. The center has already tapped into the budget and spent $115 million on updates through the linear park which runs along the […]

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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
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