Fall, Halloween, Thanksgiving, Christmas, and New Year's Eve. 

We will have wonderful ideas and content for you each month to help you make the most of your Home for the Holidays experiences with Family, Friends, and Neighbors.

MARKET HIGHLIGHTS

Below, please find national real estate housing data and infographics from the National Association of Realtors. Since it is said that all real estate is local, we are following this up with a summary of the Louisiana market. 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 and statistics lag about one month behind. August's figures won't be available till September 21.

National Snapshot for the month of *July:

• Pending sales are down 1.0% - month over month
• Closed sales are down 5.9% - month over month

However:

• Homes are still selling faster 
• Average days on the market is 14
• All cash sales account for 24% of transactions

Challenges:

• Low inventory
• Rising interest rates

Bottom line is that we continue to engage in a Seller's Market. Inventory continues to be insufficient to meet needs, and though the pool of Buyers has contracted, demand remains high.

National Market Data: 

Louisiana Market Summary

• Pending Home Sales:
• 2022: 1,267 homes under contract [Gulf Real Estate Information Network]
• 2021: 1,412
• Change Year Over Year: -10.3%
• Closed Homes Sales: 
• 2022: 1,204 completed transactions [Gulf South Real Estate Information Network]
• 2021: 1,581
• Change Year Over Year: - 23.8%
• Length of Time on Market:
• 2022: 25 days [Gulf South Real Estate Information Network]
• 2021: 30 days
• Change Year Over Year: +16.7% faster 
• Median Home Price: 
• 2022: $272,500 [Gulf South Real Estate Information Network]
• 2021: $260,000
• Change Year Over Year: +4.8%
• New Listings:
• 2022: 1,669 [Gulf South Real Estate Information Network]
• 2021: 2,030
• Change Year Over Year: -17.8%

Enjoy cozy Fall moments and if we may help you with home buying and selling needs, please reach out to us.

We'd be so happy to work with you on finding your way Home.

With Cozy Fall Wishes,

Melissa and Rae

THE MELISSA MULLIS

PROPERTY GROUP

BRING THE FAMILY TO A HOME THAT BACKS TO A POND

75336 CREST VIEW HILLS LOOP, COVINGTON. LOUISIANA 70435

ACTIVE/ RESIDENTIAL/ MLS# 2357078/ 5 BEDROOMS

3 BATHS/ 3,175 SQ. FT/ BUILT IN 2019

Bring the family to this 3-year-old 5 bed/3 bath home that backs to pond. Soaring ceilings and natural light invite you to large great room with open concept kitchen with Stainless steel appliances, granite counters and subway tile backsplash. Easy entertaining with breakfast AND Dining areas. Huge Primary bedroom downstairs leads to ensuite bath with dual sinks, separate shower, soaker tub, Huge walk-in closet. 2 extra beds/bath downstairs (one could be an office). Upstairs boasts spacious bonus area, 2 beds/bath. Flood zone C

OFFERED AT $ 415,000

CLICK HERE TO VIEW LISTING

Ted + Lisa Williams

Jessica Knibbs

Anna Bassil

THANK YOU FOR LETTING US HELP YOU FIND YOUR WAY HOME 

• Recurring Monthly on 3rd Thursday - Abita Springs Songwriters' Circle - for more info, click here
• Recurring Monthly on Last Friday - Creole Tomateaux Food Truck Fridays - for more info, click here
• Recurring Weekly on Sunday - Madisonville Makers' Market - for more info, click here
• September 10 – Northshore Cajun Dance at Abita Town Hall – for more info, click here
• September 15 – The Lobby Lounge 2022 Concert Series: Minos the Saint – for more info, click here
• September 16 – Sunset at the Landing Concert – for more info, click here
• September 17 – Slidell Jazz and Blues Festival – for more info, click here
• September 23 – Mandeville Live! Free Friday  Concert: Swingaroux – for more info, click here

• Abita Springs Art + Farmers' Market - Sundays 11:00 am to 3:00 pm - for more info, click here
• Covington Farmers' Market - Wednesdays 10:00 am to 2:00 pm and Saturdays 8:00 am to 12:00 pm - for more info, click here
• Farmers' Market at Giddy Up Folsom - Saturdays - for more info, click here
• Mandeville Community Market - Saturdays 9:00 am to 1:00 pm for more info, click here
• Madisonville Market - Sundays 10:00 am to 3:00 pm - for more info, click here

  CURATED CONTENT 

• Autumn Door Wreath Ideas That Create a Cozy Entrance [Pinterest]
• 50 Best Fall Porch Decor Ideas to Create a Cozy Welcome [The Pioneer Woman]
• Autumn Centerpieces to Complete Your Fall Event [Southern Living]
• 17 Autumn Decorations for a Cozy Home All Season [House Beautiful]
• Our Favorite Fall Recipes for a Comforting Autumn [Southern Living]
• 27 Spiced Fall Desserts To Get You in the Spirit Southern Living]
• TRENDS:  The Most Popular Kitchen Countertop Materials and How to Care for Each One [Martha Stewart]
• CURB APPEAL: 14 Ways to Get Instant Curb Appeal for Less Than $100 [HGTV]

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 5 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

625 N CAUSEWAY BLVD, STE. C

MANDEVILLE, LOUISIANA 70448

raem.remax@gmail.com

www.melissamullis.com

C [225] 216-5746

W [985] 674-5628

Each office independently owned and operated