MELISSA MULLIS PROPERTY GROUP | | |
HAPPY OCTOBER!
A great neighborhood is defined by its community, and October always brings out the very best in ours.
Whether you’re gearing up for local trick-or-treating, decorating your front porch, or hosting a Halloween party for your children or adult friends, home is at the center of it all.
I am so pleased to share the October issue with you.
Inside this issue, you’ll find:
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👻 Community Halloween Events & Safety Tips
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🍫 Festive Halloween Party Recipes & DIY Decor Ideas
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🏠 A Quick Look at Our Local Fall Real Estate Market
Scroll down to check out my Halloween articles for seasonal decor and hosting ideas, plus local events.
But first, key insights into how our housing market is performing.
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ON THE REAL ESTATE FRONT
Last month, we explored how shifting conditions have created a more balanced environment for both buyers and sellers across our area.
This month, I want to highlight a few key drivers shaping our local Northshore housing market and what they mean for you:
Inventory and Market Pace
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St. Tammany Parish: Continues to maintain the tightest inventory in the Greater New Orleans region—significantly tighter than Southshore markets like Orleans Parish—leading to some of the fastest absorption rates in the metro area
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Tangipahoa Parish: Offers slightly higher inventory levels, providing a steady selection of homes for first-time and mid-tier buyers
Resilient Home Values
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Strong Appreciation: Northshore home values remain resilient, buoyed by steady regional migration from the Southshore as well as out-of-state buyers drawn to our area
Current Market Opportunities
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Sustained Quality of Life: Top-rated public schools, community safety, master-planned neighborhoods, and charming downtown centers like Covington, Mandeville, and Ponchatoula keep buyer demand foundational and strong
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Balanced Negotiation: Unlike the high-frenzy markets of past years, today’s inventory pace allows buyers greater flexibility to negotiate terms, request inspection repairs, or ask for closing cost assistance
Whether you are preparing your current home for the market, searching for your next property, or exploring both options, I’m here to guide you every step of the way.
Feel free to call, text, or email me anytime to get started!
CURRENT MORTGAGE RATES AS OF MONDAY AUGUST 5 [As per Google AI Overview]:
- 30-year Fixed Conventional: 7.43% with 7.51% APR [last month 6.84% with 6.90% APR, month before 6.78%, month before 6.25-6.50%]
- 15-year Fixed: 6.76% with 6.88% APR [last month 6.22% with 6.32% APR, month before 6.11%]
- 30-year Fixed F.H.A.: 7.17% with 7.22% APR [last month 6.48% with 6.53% APR]
- 30-year VA: 7.13% with 7.18% APR [last month 6.34-6.36%, month before that 5.99%]
MARKET HIGHLIGHTS
Below, please find national real estate housing data and infographics from the National Association of Realtors. Keep reading to view the summary for the Louisiana market and in particular, St. Tammany and Tangipahoa Parishes.
We think you'll be most interested in what is happening here, but it helps to be aware of national market trends.
Please keep in mind that data lags one month behind.
National Snapshot for the Month of August:
- Pending Sales - decreased +0.3% month-over-month [while in the regional South they decreased +2.3%]
- Existing Home Sales - decreased by -2.0% - month over month
- Home Prices - increased +1.6% - year over year
Challenges:
- Fluctuating Mortgage Rates
On the national level, the month of August continued to be a Buyer's Market with 4.9 months of Inventory.
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LOCAL LOUISIANA MARKET SUMMARY: AUGUST
Snapshot of Entire MLS, St. Tammany, and Tangipahoa Parish Markets [Info from NOMAR lags one month behind]
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Wishing You and Your Family a Safe, Festive, and Fun-Filled Season!
THE MELISSA MULLIS
PROPERTY GROUP
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WELCOME HOME TO THIS CHARMING ACADIAN COTTAGE
483 HIGHWAY 1085, MADISONVILLE, LA 70447
ACTIVE UNDER CONTRACT/ RESIDENTIAL / MLS #2578181
3 BEDROOMS/ 2 FULL BATHS/ 1 HALF BATH/ 1,968 SQ FT
BUILT 2018/ 1.033 ACRES
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Welcome home to this charming, beautifully maintained Acadian cottage situated on over an acre in a peaceful, park-like setting with no HOA fees! Enjoy the feel of country living while remaining just minutes from I-12, shopping, dining, and everyday conveniences. This 3-bedroom, 2-bath home is filled with natural light and features an inviting open floor plan, cathedral ceiling, quality finishes, and both front and back porches. The beautiful kitchen is the heart of the home, offering white cabinetry, marble countertops, a large center island, stainless steel appliances, and plenty of storage. Laminate wood flooring flows throughout the home with no carpet.
The spacious primary suite offers plenty of room for a sitting area, home office, or workout space. The ensuite bath features dual vanities, a separate Jacuzzi tub, custom tiled shower, and generous walk-in closet. Two additional bedrooms and a full bath are thoughtfully positioned on the opposite side of the home, along with convenient access to the laundry room and attached two-car garage. Step outside to the tiled covered back patio, complete with a motorized shade for added comfort on sunny Louisiana days. With over an acre to enjoy, there is plenty of room to relax, entertain, garden, or simply take in the peaceful surroundings. Additional features include Flood Zone C, garbage service paid for the year, and an existing termite contract for added peace of mind. Don't miss out to come home to this hidden gem in Madisonville!
| | CLICK HERE TO VIEW LISTING | | |
CLIENTS OF THE MONTH
Mike and Catherine Francioni
Eric Williams
AND AS ALWAYS, I THANK ALL OF YOU FOR ALWAYS ENTRUSTING ME TO HELP YOU FIND YOUR WAY HOME !!!
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Recurring Weekly Monday to Friday - Happy Hour at Noir Bistrot - click here
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Recurring Weekly on Tuesday - Gentle Yoga: Yin & Restorative Blend - click here
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Recurring Weekly on Wednesdays - Haven Living Room Sessions - Singer Songwriter Weekly Showcase - click here
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Recurring Weekly on Thursday, Friday and Saturday - Happy Hour at Odelia - click here
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Recurring Weekly on Fridays - Haven Friday Night Live Concerts - click here
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Recurring Weekly on Sunday - Pups and Pints at Chafunkta Brewing Co - click here
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Recurring Weekly on Sunday - Brunch on the Bayou with Live Jazz - click here
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Recurring Weekly on Sunday, Wednesday - Karaoke at the Green Room - click here
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Recurring Monthly on the 3rd Thursday - Traditional Irish Session at Abita Brew Pub - click here
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Recurring Monthly on the 1st Friday - Abita Brewery Food Truck Roundup - click here
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Recurring Monthly on the last Friday - Poetry & Music Open Mic Night at B Roots Plants and Coffee - click here
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Recurring Monthly on the the 1st Saturday - Trad Jazz with Ben Redwine - click here
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Recurring Monthly on the 3rd Sunday - Concert at Christchurch - click here
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October 8 - Covington Concert Band: America 250! A Symphonic Celebration - click here
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October 9 - NPAS Presents the Great American Songbook - click here
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October 9 - Friday Nites on the Square Featuring the Boogie Men - click here
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October 10 - Autumn Art Walk - click here
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October 10 - Fall Night Market Featuring Paris Avenue - click here
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October 10 - Fall for Art in Downtown Covington - click here
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October 11 - Vintage in the Garden - click here
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October 17 - Monster Mash - click here
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October 17-18 - Madisonville Wooden Boat Festival - click here
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October 23 - Olde Towne Slidell Halloween Zombie Crawl - click here
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October 24 - Nightmare on Columbia - click here
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October 24 - Pumpkins in the Park - click here
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October 26 - Children's Museum of St. Tammany Boo Bash - click here
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October 31 - Widewater Music and Art Festival - click here
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October 31 - Abita Springs Halloween - click here
| | FARMER'S AND ARTS MARKETS | | |
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Abita Springs Art + Farmers' Market - Sundays 11:00 am to 3:00 pm - click here
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Camellia CIty Market - Saturdays 8:00 am to 12:00 pm - click here
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Covington Farmers' Market - Wednesdays 10:00 am to 2:00 pm and Saturdays 8:00 am to 12:00 pm - click here
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Claiborne Place Makers Market - Sundays 10:00 to 2:00 pm - click here
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Farmers' Market at Giddy Up Folsom - Thursdays - click here
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Lacombe Monthly Market - 2nd Saturdays - click here
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Lafitte Street Market - Saturdays - click here
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Mandeville Community Market - Saturdays 9:00 am to 1:00 pm - click here
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Olde Town Slidell Art Market - 2nd Saturdays - click here
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Paddock Farmers Market at Giddy Up - Saturdays - 10:00 am to 2:00 pm - click here
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Pearl River Farmers Market and Craft Show - 1st Saturday - click here
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CURATED CONTENT
HALLOWEEN HOME DECOR, TRENDS AND TIPS:
HALLOWEEN RECIPES:
FALL TRENDS, ETC:
| | YOUR LISTING CAN BE FEATURED HERE! | | |
MAY I OFFER YOU A HOME VALUATION ANALYSIS?
Since needs change due to job relocations, growing families, downsizing, change in marital or family status and many other reasons, I would be happy to offer you a home valuation so you may see the current value of your home.
If you decide to list, I can also help you prepare it to sell so that you may command the highest possible price.
I am also highly equipped to help you through all aspects of inspections, negotiations, and more.
Just call (985) 629-1705 or email me at MelLovesHomes@gmail.com.
I am taking new client appointments this week!
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RAE MANALE, CLIENT COORDINATOR
Rae Manale, is a New Orleans Native who relocated to the Northshore after Katrina. An LSU Alumna, Rae was Vice President of the LSU Real Estate Association.
She has been in the Real Estate Industry for over 7 years, but she brings new and inspiring ideas to our team, and will efficiently organize all processes to elevate and streamline your experience and make the buying and selling process stress free. Rae also enjoys marketing and has brought our marketing and social media to a whole new level.
Rae enjoys getting involved in her community and most importantly the joys of watching her toddler grow. Family is very important to her, so when she is not working or exercising her body/mind, you can find her spending time with the ones closest to her.
RE/MAX ALLIANCE
5001 HWY 190 SERVICE ROAD, SUITE D6
COVINGTON, LOUISIANA 70433
MelLovesHomes@gmail.com
www.melissamullis.com
C [225] 216-5746
W [985] 674-5628
Each office independently owned and operated
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