Tag Archive for: lots for sale

Single-Family Home Construction Available on the Northshore

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New Urbanism is alive and well in the Greater New Orleans area with Mixed-Use Developments being built where previously housing projects had stood.  Many developers are tapping into the multi-family construction industry, building apartment housing in popular neighborhoods.  Single-family home construction is taking a backseat to these types of developments as well as multi-family condo and townhome construction also in the city of New 1-1009 Deer Park Drive ExteriorOrleans.  Because of this, people relocating to the New Orleans area as well as young people graduating from college and moving out are finding it harder and harder to find the traditional “first time home buyer home.”

Surprisingly, Millenials, according to the National Association of Home Builders, tend to want to live in single-family homes in the suburbs.  According to the NAHB’s survey, 75% want traditional new homes, and 66% prefer to live in the suburbs with only 10% choosing urban living, such as living in downtown New Orleans or the outlying areas.  While nationally this is a trend, the migration of Millenials may very well benefit the Northshore of the lake because in St. Tammany Parish, there are plenty of new homes for sale as well as lots for sale.

Since the Recession, home pricing has been somewhat unreliable, but now housing prices seem to have stabilized, so it is less difficult to acquire housing finance for new home buyers looking to buy their first, second, or even third 3-1009 Deer Park Drive Family Room-2home.  Another factor that may drive new home buyers to the north shore is the fact that inventory in popular, safe neighborhoods in New Orleans such as the Garden District, Bywater, Uptown, etc., is very scarce, prompting bidding wars among home buyers.  Young home buyers may get priced out of the market with competitive pricing being higher than normal.

Regardless of where the Millenials in the Greater New Orleans area choose to buy their new, single-family home, Bedico Creek Preserve is “ready” for any type of home buyer with 10 Neighborhoods from which to choose new homes for sale and lots for sale.  Lot pricing at Bedico Creek starts in the $40’s, and new home prices start in the $240’s.  If you are ready to view a lot for sale or new home for sale, Contact Bedico Creek at 985-845-4200 or E-mail Info@LiveBedico.com.

 

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Side entry garage that can store two cars. The garade with a side entry does not take away from the front exterior view. This new construction home is located close to New Orleans.

Builders & Buyers Enjoying Robust Real Estate Market

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Builders and buyers alike are optimistic that the recovery of the real estate market nationwide is here to stay as new home sales increased 18% year-over-year in June, 2015 compared to 2014, and new home inventory also increased by 3.4%.  Builders are discovering that bank construction loans are easing slightly on credit requirements and equity, and also with the increasing number of new home sales, builders are “turning over” the new homes that they are St. Tammany Parish real estate market thriving at Bedico Creek Preservebuilding so they are freeing up capital to invest in new lots for sale in traditional as well as master planned developments.

However, all of the great news regarding the real estate market was tempered by a slight drop in sales from May to June, 2015, for a total drop of 6.8%, down from 517,000 in may to 482,000 in June.  However, the summer months sometimes experience a lag because of school getting out, and potential home buyers going on vacation in the early part of the summer.  Overall, new home sales have been increasing both incrementally and expotentially since 2012.

Good news for builders is that there is an increasing demand from new home buyers for homes to purchase. This demand has not tapered off or decreased since the housing market started its recovery.  This trend has especially been noticed in the new, master planned community of Bedico Creek Preserve in St. Tammany Parish which features 11 Neighborhoods of new homes for sale, lots for sale, and new homes under construction.  Buyers living on the 0-277 W. Longview Front ExteriorNorthshore already find that this new home community is convenient to the cities of Mandeville, Madisonville, Covington, and Abita Springs in West St. Tammany Parish.

New lots are constantly being developed as new neighborhoods within the subdivision are opening with available lots for those new home buyers interested in building their own custom home.  There is no shortage of new homes to buy and new lots to buy at Bedico Creek in the Greater New Orleans area.  Contact Bedico Creek to schedule a tour of this Conservation Community by calling 985-845-4200 or E-mailing Info@LiveBedico.com.

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Buy a New Home on the Northshore at Bedico Creek Preserve

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Keep Covington Beautiful (KCB) is a non-profit organization led by the community and is an affiliate of Keep America Beautiful. It is an organization committed to preserving and improving the beauty of Covington, Louisiana in St. Tammany Parish.  Originally formed as the Covington Gardens Partnership, the organization works with others in the community to improve Covington’s quality of life through beautification, litter prevention and recyclingSouthern Hotel Covington, Louisiana activities.

The organization not only helps keep Covington beautiful but it also holds events, educates and partners with the people in the community to encourage neighbors to take responsibility for keeping Covington clean and beautiful. Recently the organization partnered with Louisiana Department of Agriculture to conduct a study to gather data on existing trees, signs, overhead and underground utilities, driveways and parking areas located along the streets in the community.  The data gathered, will be used to determine locations to plant new trees.  A meeting was held with the residents of the community revealing the results of the study and explaining the guidelines and recommendations not only on planting new trees but also removing existing trees on city right-of way’s in residential areas.  Through the hard work and passion of KCB, Covington was named one of the 10 most beautiful towns and small cities in Louisiana.  For more information about KCB’s events, how to become a KCB volunteer or member, visit www.keepcovingtonbeautiful.org or contact KCB at 867.3652 or kcb@covla.com.

When relocating to the Greater New Orleans area, you may want to buy a new home on the Northshore at Bedico Creek Preserve.  If you are considering relocating to the tight knit area of West St. Tammany Parish, you can enjoy the ambiance of downtown Covington, LA, which is located approximately 7 miles from Bedico Creek Preserve.  Living in Madisonville, Louisiana, at Bedico Creek gives you easy access to shopping, entertainment, and dining at the many locations of the two shopping areas Colonial Pinnacle at Nord Du Luc and Stirling Covington Shopping Center off of Highway 21.  In addition to the prolific shopping at mall stores such as JC Penny, Belk, and Lane Bryant, Colonial Pinnacle at Nord Du Luc and Stirling Covington Shopping Center also showcase box stores such as Academy Sports, Kohls, Best Buy, Marshalls, Target, Hobby Lobby, as well as the Hollywood Stadium 14 movie theater.  This Covington, Louisiana shopping area also features restaurants such as Olive Garden, Longhorn Steakhouse, Texas Roadhouse, Cracker Barrel, and Panera Bread Company.  For faster food and service, you can visit Steak & Shake, Firehouse Subs, and Dickeys Barbeque Pit.

Bedico Creek Preserve offers lots and homes for sale in its masterplanned community in St. Tammany Parish.  Lots for sale start in the mid $40’s, and new homes for sale begin in the $230’s.  If you are interested in building your own new, custom home or if you are looking to relocate to one of our existing homes for sale, you can find any lot or home in a selection of different neighborhoods in this St. Tammany Parish subdivision.  Contact Bedico Creek today to schedule your tour.  Call 985-845-4200 or E-mail Info@LiveBedico.com.

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