Relocating to a new state also creates lot of questions. There are so many things to learn about real estate in different parts of the state, which schools are the best, which towns offer the best commute, and other such questions. |
If you are relocating to Louisiana, you are moving to a state rich in culture, tradition, and history. But you still may have many questions about where to find the best real estate. Here is some information to help you along in your search.
What Type of City Do You Prefer?
If you are relocating for a job you may not be able to move just anywhere in the state; you may have to choose a city fairly close to your new workplace. If you like big towns, the three largest in Louisiana are New Orleans on the southeast shore of the state, Baton Rouge, the capital just northeast of New Orleans, and Shreveport, way up in the northeast corner of the state.
None of these are truly huge cities, as they do not even make the list of the top 30 biggest U.S. cities. Still if you like the hustle and bustle of city life, these areas are where you are most likely to find it. There are plenty of more rural and suburban areas if that is more your style.
What Type of Real Estate Do You Want?
The general rule about housing is that it gets older the closer inside the city limits you get. Much of the area around the Gulf Coast was settled way back in the 1700s and has been well filled-in since that time. Especially in New Orleans, most of the real estate close to the city will be roughly 40 to 50 years old.
If you are looking for a condo or townhouse though, you may be able to find many brand new ones. This is because the major cities are converting many of their old factories and warehouses in chic, new condos for the avant-garde element of the areas. If you move farther out to the suburbs you are likely to find lots of newer real estate, but it may also be more expensive, depending on the neighborhood.
Are You Buying for a Primary Residence or Investment Property?
If you are looking for a solid investment property you would probably do better to buy real estate in or very close to one of Louisiana's major cities. These areas are more highly populated and the rental space is more in demand.
This is especially true of the areas along the coast that house the oil and gas industries. One really nice thing about Louisiana is that the unemployment rate has stayed fairly stable in recent history providing a good supply of workers and renters.
If you are looking to buy your own primary residence in Louisiana, there are a host of other questions that you will need to answer. If you have children, you will certainly want to check out which districts in the state are well-rated.
You may also be interested in being close to a major airport for easy travel convenience. These are located in New Orleans and Shreveport. Finding a good real estate agent can help you to find all the answers to these questions and more, making your relocation to Louisiana a smooth and comfortable process.
Louisiana real estate agents bring considerable expertise to the process of buying or selling your home. To contact the right real estate agent who can provide more information about a particular area of the state, visit www.realestatelouisiana.com.
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