Louisiana Real Estate – Moving to Opelousas, Louisiana
Founded in 1720 it is the 3rd oldest city in Louisiana.
Located 20 miles north of Lafayette in central Louisiana and in St. Landry Parish, Opelousas has a population of approximately 23,000 as of 2007. Known as a tourist attraction, it is the home of the Jim Bowie museum, as well as other historical attractions.
The best home buying opportunities are located in the southeastern part of the city along Interstate 49 north and south. Housing values of $83,000 are well below state average of $126,000, making Opleousas a good home buying opportunity.
There are 3 High Schools public and private: Opelousas High School, Westminster Christian Academy and Opelousas Catholic School. There are 8 Elementary Schools: North Elementary School, South Street Elementary School, Grolee Elementary School, Creswell School, Southwest School, Northeast School, Plaisance School and Park Vista School.
The main industries in Opelousas are oil, agriculture, manufacturing, and retail/wholesale. In 1999, Wal-Mart opened a distribution center north of the city. It generates $89 million dollars per year to the local area and employs approximately 1300 local area workers. Job opportunities are mostly found 20 miles south in Lafayette with it’s oil and gas industry.
The average income for a household in Opelousas is approximately $15,000, and the average income for a family is around $20,000. This makes incomes much lower than the state averages.
In Conclusion: If you are looking for a small southern town to relocate to, Opelousas is a place to consider. It has a lengthy and colorful history, with adequate housing and shopping opportunities. The friendly residents of the area are most welcoming of newcomers.
For More Information about Opelousas La, visit http://www.southernhomeshopper.com John Tatman ASA, IFAS, CRA is a retired real estate appraiser.
Article Source:
http://EzineArticles.com/?expert=John_Tatman
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That’s all the news for today guys, so until next time, thanks for stopping by.
Shreveport Louisiana Repossessed Homes
The good news here is that the value of homes has been traditionally low in the state of Louisiana for a very long time. The bad news is that things have gotten worse and due to the recovery from Hurricane Katrina and the constant threat of another devastating hurricane to the area due to global warming, people are not looking to move into the Shreveport area with any rapidity.
When you add that into the mix of high unemployment, a depressed local economy and a failing national economic outlook and then add in the severe drop in home values it does not paint a very pretty picture for this area.
Most of the homes here are older with very few actual newly constructed homes available much less for sale. As mentioned the local economy has been bad for a while so there was not much need to build homes that would just sit vacant with no buyers in a good economy.
Today that can be looked at as a good thing since there are not as many homes flooding the market looking to be sold. What homes that are on the local foreclosed market and have been repossessed are, as we mentioned, on the older side. There are a lot of them in fairly good repair considering the age and the local humid weather and the proclivity of the area to sustain hits from tropical storms on a fairly consistent basis.
The numbers in percentages in and around Shreveport are similar to those across the country, the actual physical numbers however due to the lower population makes it seem a little less of an issue than it actually is. The experts agree that the local area has not yet bottomed out but they overall don’t expect the devastation to be terrible here.
By: Julie Thompson
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