Want to live next to Cajun Field?

[facelessjonmoon]

Just food for thought, I wish I would have saved the article, but I was reading a very compelling argument about the "waiting for interest rates to drop" mindset. There were several statistics that showed how asset appreciation far outweighed the interest savings. They were mostly statistics from I guess the 80s and earlier when my parents' generation had double digit interest rates. Full disclosure, I live in this neighborhood in a house that I plan to stay in until the kids are gone and I start downsizing. I also got in at 2.75%. I'm not saying it's right or wrong, factual or not. Just mentioning it because it had me thinking.

Tanglewood represent! I lived there for almost 20 years. Great neighborhood and great location for Cajun fans

[ZoomZoom]

Good news for home sellers and home buyers. Real estate agents will no longer be charging their 6% fee because they can’t do to a recent court ruling. That fee can be negotiated and most probably will be more around 2% This fee used to be rolled into the house price to cover it. Hopefully this will drop the prices slightly.

6% was always negotiable. Wife in real estate, she has used different rates thru the years.

Issue was the seller was setting (and paying) the comission for both sides of the transaction, because the comission is actually quartered.

There will be many leaving the field simply because it will be a hassle having buyers execute a agreement to the buyer's side on every property shown. It will probably become a negotiable part like closing costs/inspection repairs like contracts today. Not the rate, who pays it.


Just another layer of paperwork to add to the process.

[KajunKrazy]

I live on the other side of Cajundome BLVD in White Subdivision (Oak Lawn Heights). For me the short walk would be a selling point, unfortunately most cajun fans complain about walking across the street so they won’t see that as beneficial.

[ZoomZoom]

I live on the other side of Cajundome BLVD in White Subdivision (Oak Lawn Heights). For me the short walk would be a selling point, unfortunately most cajun fans complain about walking across the street so they won’t see that as beneficial.

Frenchie's house was still on the market a week or so ago. St. Camille.

[UL_Cajuns]

6% was always negotiable. Wife in real estate, she has used different rates thru the years.

Issue was the seller was setting (and paying) the comission for both sides of the transaction, because the comission is actually quartered.

There will be many leaving the field simply because it will be a hassle having buyers execute a agreement to the buyer's side on every property shown. It will probably become a negotiable part like closing costs/inspection repairs like contracts today. Not the rate, who pays it.


Just another layer of paperwork to add to the process.

Will home sellers who sold a home in the last 4 years be able to recoup some money from the class action suit settlement against the National Association of Realtors? Think I read that also.

[Esqueleto]

Tanglewood represent! I lived there for almost 20 years. Great neighborhood and great location for Cajun fans

Tanglewood ain't got nothing on Holden Heights!

[LA CAJUNS]

Tanglewood ain't got nothing on Holden Heights!

Both great!!

[CajunNeighbor]

Here’s a bonus… Tanglewood is on the hospital grid… losing electricity during a hurricane never lasts for long! That is, unless your neighbor’s oak tree falls across the power lines knocking out just one block. Lol this happened for the last big storm.

I grew up in Tanglewood, my parents still live there. My wife and I actually lived in Holden Heights for the first 6 years of our marriage, then we bought in Tanglewood 8 years ago and have been there ever since.

The home we are under contract on is in the same 1-2 mile radius of Cajun Field! Can’t leave this side of town, it’s in my blood.

[CajunJeaux]

Ahh man, I hear you. Yea, we've got a great interest rate as well right now and hate to leave it... but when you've got 6 kids and only 3 bedrooms... it kinda forces your hand to find a bigger home. LOL.

That being said, we actually love the fact that our house has 2 living rooms... with the second facing the backyard and all those windows and natural light. The home feels a lot larger than 2,239 sq ft because the flow of the floorplan just makes sense. You can make a complete circle through the house with the kitchen being centralized in the middle of all entertaining spaces.

Part of me doesn't want to leave, and instead just build an addition because we have plenty of yard space to do so. But, we found a home on the market that's going to fit our family perfectly so we decided to make the jump.

6 kids?!

Ever considered moving that nice big screen tv pictured in one of your living rooms into the master room?!? Lol

[CajunAmos]

Looks like they are drilling piles.