Amazon took shopping to a whole new level by introducing the consumer to shopping online with one-day delivery. Grocery stores are now getting on to the bandwagon. Winn-Dixie is now offering online ordering and grocery delivery from the Covington, Mandeville, New Orleans, Slidell, Westbank, and other New Orleans metro area locations. The regional grocery chain […]
The National Association of Home Builders (NAHB) reported a 21-month high for pending home sales in the month of September. The catalyst for this spike stems from lower mortgage rates. National buying power has increased by 6% due to improved interest rates. The National Association of Realtors (NAR) believes this is the case for the […]
The St. Tammany Parish Library in Covington’s $2 million-plus renovation is almost complete. The grand opening is planned for February 2020. The original grand opening date was set in January of 2020. Delays in the window installation have caused the month set back. During renovations the contractor discovered that water had been leaking into the […]
The University of New Orleans Hospitality Research Center, known for its economic analysis and forecast, conducted a study regarding the forecast of tourism indicators. According to their recent analysis St. Tammany Parish has the fourth-largest tourism economy in Louisiana. The study, done on behalf of the Louisiana Department of Culture, Recreation and Tourism, found that […]
Millennials are now a target market for the residential real estate industry. Millennials are those born between 1981 – 1996 according to Pew Research Center. In a nutshell, four out of five millennial buyers can go without wine cellars, elevators and laminate countertops. On the flip-side, they want laundry rooms, hardwood front exteriors, patios and […]
Mortgage Rates have dropped to near 3-year lows and only adds incentive to the already flourishing housing market. Wednesday the Federal Reserve cut interest rates for the first time since the downfall in 2008. The federal fund rate (the rate the banks charge on another for short-term borrowing) will now stay between 2% and 2.25%. […]
