Wayne Turner is back on the Lake 94.7 for more Real Estate Updates for the North Shore including Mandeville, Madisonville, Covington, Slidell, Lacombe, Folsom, Hammond, and Ponchatoula.
Wayne wants to discuss Home Prices on the North Shore. He begins by saying that not since 2006 have we seen such a demand for homes on the North Shore.
Its been over ten years since the market has exhibited the prices he is seeing. That being said, there is a lack of inventory (meaning homes on the market) on the North Shore. For example, if not another single family home was placed on the market under $300,000 in the next 3 months, there would not be any homes on the market. This means homes are selling under 3 months (often times faster) and homeowners are seeing a large return on their equity.
Wayne encourages users to find more about their homes at TotalPropertyAccess.com