Strong Home Sales In May Lead To Strongest In Over A Decade

Nice outdoor area overlooking the pond. The backyard is a nice space for entertaining. The porch overlooks the nice view.Worries are warranted with the dramatic slowdown in March because of the pandemic. The U.S. economy was basically shut down late winter and all spring of this year. Builders, realtors, lenders and homeowners alike were surprised that newly built homes jumped to almost 13% annually according to the U.S. Census. This is the strongest May pace since 2007 before the economy crashed in 2008.

“As housing demand has picked up in recent weeks, builders have shifted sales to homes not yet under construction – a 20% year-over-year gain for such sales,” said Robert Dietz, chief economist at the National Association of Home Builders.

In May homebuilders added 226,000 workers alone to meet the demand for new housing. The housing industry is making a quick recovery after the stay-at-home orders were lifted from Covid-19. Covid-19 has opened many potential homebuyers’ eyes to purchasing a new home that is not yet lived in and purchasing in the suburbs away from the inner city turmoil the pandemic caused and could potentially cause again in the future.

“The rapid improvement in sales of new homes may also reflect a change in consumer preferences, with buyers showing a newfound penchant for cleaner, never-lived-in homes — although the long-term durability of that trend remains to be seen,” said Matthew Speakman, an economist at Zillow.

CEO of Lennar, Stuart Miller believes that the shelter-supply-constrain that Covid-19 has produced will inturn allow all forms of shelter to thrive in the housing market and will be sustainable for the next couple of years to come.

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This secondary bedroom is all white. The hardwood floors are rich in color. It is open and bright with custom lighting.

Two New Riverfront Restaurants For the North Shore

Guest bathroom with a shower tub combo. The bathroom has a large vanity and nice custom tile floors.Although the two restaurants are new to the area, the building and location are not. These two different style restaurants are located in a well-known riverfront spot in Madisonville that used to house the casual restaurant Friends.

Well known in the area, Friends was a causal restaurant that sat along the Tchefuncte River. In 2012 it was severely damaged by storm surge from Hurrican Isaac and a year after it was completely destroyed by a fire. The building was rebuilt in 2015 but by 2017 it was closed down and taken over by creditors. In 2018, Greg Lala and Stephen Guidry, owners of Dixie RV SuperStores, purchased the property and got approval for the two new restaurants, Tchefunte’s and The Anchor.

Both restaurants plan to open summer 2020, Tchefuncte’s July 18th and The Anchor June 26th. Techefuncte’s, located on the top level, is an upscale restaurant with a bar and several private dining rooms. The Anchor, located downstairs is an open-air dockside restaurant and bar.

The three-story building has been redesigned for the two different style restaurants. Tchefuncte’s will have its own separate entrance that will lead upstairs to the restaurant. The upscale dining is an approach to “regional American with a blend of global influences and Louisiana flavor.” The Anchor is a family-friendly riverfront tavern serving sandwiches and barbecue-style dishes.

“The goal is to be approachable to everyone, whether they’re hanging with the kids downstairs, coming up for a weeknight meal at the bar or coming back on Friday for date night to really do it up,” said Michael Gottlieb, executive chef and operations director for the two restaurants.

The top floor where Tchefuncte’s is located was rebuilt with smaller rooms for a more intimate feel. The main dining room has a bistro feel with 55 seats. There are counter-top seats that look directly into the kitchen. The private dining rooms look out over the river and a few of them open up to elevated decks. The food will have a lot of local influence that can be found in dishes such as Louisiana sweet potato ravioli gratin; crispy oysters with red rice and andouille sabayon; herb- and Dijon-crusted chicken with shaved country ham and raclette cheese; and roasted scallops with black garlic; alongside an array of steaks and a changing roasted meat special, from lamb to porchetta.

The downstairs will be The Anchor which consists of a playground for kids, a bar for adults, seating around counters, a cluster of deck chairs with a deck that leads to a dock for boaters to pull up and partake. Patrons can enjoy dishes such as shrimp po-boys with brown butter, deviled crab with jambalaya, broiled or fried seafood platters and smoked beef short ribs.

The property has had many issues in the past and has been a thorn to many residents’ side. For this reason, The Anchor will close around sunset and 88 new parking spots have been added to be part of a “good neighbor” effort.

“We want the people around us to appreciate us as much as we approach being here,” Gottlieb said.

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Annual Christmas in July, July 26, 2020

 

Come see great Christmas ideas in Covington.


Christmas  Expo

Coquille Sports Complex – Gym 1
13505 Hwy. 1085
Covington, LA 70433

July 26, 2020

10am – 5pm

 

Price: Free

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Slidell Reptile Show, Postponed

This the largest reptile and exotic pet show in Louisiana.
Slidell Reptile Show


Northsore Harbor Center
100 Harbor Center Blvd
Slidell, LA 70460

Postponed

Price: 1-Day Pass: Adult $10, Kids 5-12 $5; 2-Days: $Adult $15, Kids 5-12 $8. Kids 4 and under FREE!

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Annual Slidell Fireworks, Canceled

Come see the fireworks for July 4th in Slidell.

 

Annual Fireworks

Slidell Heritage Park
1701 Bayou Lane
Slidell, LA 70458

POSTPONED

Tickets: $10/person (ages 13 & up)
$5 (children)
FREE for ages 3 & under

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Leadercast St. Tammany 2020, July 22, 2020

This can be visited live or virtually in Covington.

Leadercast St. Tammany 2020


Movie Tavern Northshore
201 N. Hwy. 190
Covington, Louisiana 70433

July 22, 2020
8 am – 2:30 pm

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