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The month of June then leads us into that ultimate Summer Barbecue on the 4th of July weekend! For all of this and more, we've got you covered with recipes, cocktails, decor, and more.
So it's time to start grillin' and chillin'!!!
Aside from current Market Data, our Listing of the Month, and Clients of the Month, this month you'll find a few new features. Each month going forward, we'll do a special Community Spotlight like the one you'll find below; and a monthly Calendar of Holidays and Observances. We will also feature a photo of one of our Clients of the Month.
We hope you'll enjoy these new features and that when planning for your real estate needs, you'll always think of us.
Now, let's delve into what's happening in the national, state, and local markets.
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 on the national level, data lags one month behind.
National Snapshot for the month of *April
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Pending Sales are flat - month over month [while in the regional South they are up .1%]
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Existing Home Sales are down 3.4% - month over month
Continuing Challenges:
- Continuing inventory shortages
- New housing not becoming available any time soon
- Interest rates
- Prices
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The month of April continues to trend toward a Sellers' Market with 2.9 months of Inventory
National Market Data:
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