Louisiana Homes For Sale – Latest Louisiana Homes For Sale news – GREAT LOCATION BETWEEN MAIN HWY 23 & HWY…
How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…
GREAT LOCATION BETWEEN MAIN HWY 23 & HWY…
Real Estate for Sale, ListingId:15115197, location: 181 Eldorado Dr Buras, BURAS, LA; $850000; 5000 sf; Great location between main hwy 23 & hwy 11 on over 2 acres and all rebuilt after hurricane approx. 12 private offices, 3 full …
BE IN FOR SUMMER BBQ’S. MANY UPDATES, OPEN…
Real Estate for Sale, ListingId:14938495, location: 3 Donald Ct Metairie, METAIRIE, LA; $174500; 3 BR; 2 full BA; 1437 sf; Be in for summer bbq's. Many updates, open living area. Great remodeled kitchen w/granite island. …
442 AURORA OAKS DRIVE, NEW ORLEANS, $157900
Real Estate for Sale, ListingId:15098287, location: 442 Aurora Oaks Drive New, NEW ORLEANS, LA; $157900; 3 BR; 2 full BA; 1992 sf; Move-in ready spacious floor plan in mint condition. Fully renovated and finely detailed. …
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Houston Office Market
The downtown Houston office market is a hot topic these days. Recent months have seen a flurry of activity, whether it be leases, move-outs, or acquisitions. It’s no secret that the downtown market continues to be plagued by average vacancies painfully close to 20% and stagnant rents. With the thought that things will improve in the near future, investors have been purchasing properties in earnest. The fourth quarter news was encouraging, notably EPCO, Inc.’s acquisition of 1100 Louisiana, a building in which they have subsequently occupied 300,000 square feet. Also, Wells Real Estate Funds paid the highest per-square-foot price in the Houston office market’s history ($286 psf) for 5 Houston Center. Rumor has it that ChevronTexaco is interested in purchasing the remaining vacant former Enron building, while other energy companies have begun to reclaim shadow space downtown.
Unfortunately, the Central Business District’s recovery is anything but a slam dunk. Two major tenants, Burlington Resources and Bank One, are expected to vacate CBD space in 2006 after acquisitions by ConocoPhillips and Chase, respectively. In the same building Burlington is expected to vacate, Calpine Corp. reduced the amount of space they lease and subsequently lost naming rights to the former Calpine Center, now known by its address, 717 Texas.
Questions still remain about when the downtown office market will see a substantial improvement. It did not happen with the recent influx of New Orleans office tenants, as some thought it would. However, strong job growth has many experts predicting a healthy 2006 for the Houston office market overall, and with the positive fourth quarter numbers, it appears the market is moving in the right direction.
The office market had a relatively strong showing in the fourth quarter, absorbing 414,678 square feet (SF), the market’s highest quarterly absorption figure since the third quarter of 2004. Classes A and C reported positive absorption for the quarter, while all classes reported positive annual absorption, bringing overall annual absorption to 737,259 SF.
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Patrick O’Connor, a designated member of the Appraisal Institute, is president of O’Connor & Associates. The firm, in business since 1974, specializes in real estate appraisals, research, and state and federal tax reduction services nationwide.
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If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…
Homes for Sale in Oak Park #4, Lake Charles, Louisiana $49900
preview of Homes for Sale in Oak Park #4, Lake Charles, Louisiana $49900. Price: $49900, City: Lake Charles, Square feet: n/a; Location: 2218 Lilly Street, Lake Charles, LA, 70601, US. Neat 2 bedroom 1 bath cottage great for the first …
Homes for Sale in Strozier Road, West Monroe, Louisiana $775000
preview of Homes for Sale in Strozier Road, West Monroe, Louisiana $775000. Price: $775000, City: West Monroe, Square feet: n/a; Location: 336 Strozier Rd., West Monroe, LA, 71291, US. This is a beautiful custom built house charm in …
Are Lumber Prices The REAL Homebuilder Sentiment? | Housing Doom
This price drop will have an impact on the four large US lumber companies, Weyerhauser Co., Leucadia National Corp., Masco Corp., and Louisiana-Pacific Corp. as well as paper makers International Paper Co. and Fibria Celulose S.A.. … Homebuilders are still working off inventory (while building some, yes), but the 'for sale at end of period' stat from the latest new home sales report shows 212k new homes for sale at the end of April, the lowest since 1971… …
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