New Orleans Real Estate News

June 6, 2017

224 Douglas Dr, New Orleans LA 70123

Mirambell Realty Presents:

224 Douglas Dr

New Orleans.LA. 70123

$ 220,000.00

3 Bedrooms, 1.5 Baths

1,212 Living Sq Ft 1,536 Total Sq Ft

OPEN HOUSE NOW: Take an Open House Tour right now, Virtually: Click HERE to take a 3D Virtual Tour

Move Right into this River Ridge home with beautiful curb appeal, Bermuda shutters, and storm shutters. Relax on your front porch rocking chairs. Large, Open living and dining areas flow into the kitchen with all appliances and tons of cabinet space. Updated bathroom with neutral colors. 3 nice sized bedroom each w built ins. Huge laundry room. Large shed w covered porch, plus bonus porch off laundry. Rear Yard access and plenty of parking. Camera system, alarm, remote access door locks

Posted in In the News
June 6, 2017

704 Jefferson Ave, Metairie LA 70001 $450,000

Mirambell Realty Presents:

704 Jefferson Ave

Metairie. LA. 70001


4 Bedrooms, 3 Baths, Playroom/office

2,145 Living Sq Ft 2,304 Total Sq Ft


Take a 3d Walking/Virtual Tour here,


Great curb appeal , brick porch & leaded glass door. Upon entry large bonus room w gleaming wood floors. Kitchen w stainless steel appliances, granite & wood cabinets. Beautiful B-Fast area w curved windows facing yard. Recessed Lighting. 2 Master bedrooms w on suite bathroom 1 up & 1 down. 4 Bedrooms w a Playroom/Office. Fireplace. Large Yard w bricked patio & covered carport. Garage. Whole house Generator is not included, but can be negotiated.


Start Virtual Tour here,


Posted in In the News
June 5, 2017

New Orleans Areas Sold Homes Update for April 2017

Posted in In the News
May 15, 2017

Mirambell Realty Congratulates Andrea on Closing 1,000,000 in the Last 30 Days

Congrats Andrea Corne on a great month and plenty of happy clients! 

Posted in In the News
May 15, 2017

Kuddos to Christopher on Closing $1,000,000 in May

Fantastic marketing and branding on social media helped Christopher Cazenave close many deals in May, Congrats

Posted in In the News
May 15, 2017

Great Job Michelle on Closing $1,000,000 in March

Congrats Michelle Bouvier Rousse on a great month and plenty of happy clients in March! 

Posted in In the News
May 15, 2017

Jackie Mancina is Mirambell Realty's Newest Realtor

Mirambell Realty is excited to welcome Jackie Mancina to the brokerage.   Jackie is excited and looks to hit the ground running, already ready to post her 1st listing within a week of being licensed.

Mirambell Realty is excited to have Jackie be part of the culture at M Bell, and we look to help her thrive in Real Estate.

Posted in In the News
May 3, 2017

Mirambell Realty Welcomes A Superstar Realtor, Michelle Soliman

The Mirambell Realty family of agents grew today, with the hiring of Michelle Soliman as it's newest agent.  The team at M Bell Realty is super excited to have Michelle on board and we know she will fit in perfectly with the culture at Mirambell Realty.    Michelle has been a successful Realtor for several years an has been a dominate agent in New Orleans real estate. Welcome to Mirambell Realty, we are excited to partner with you and  reach new heights in your career. 


Posted in In the News
April 20, 2017

Craig Mirambell Presents Leigh Brown and Nobu Hata at Realtor Appreciation Day

The Hilton Riverside Ball Rooms were sold out March 30, 2017. The room was filled with Realtors over 600 of them, highly anticipating gaining continuing education credits from 2 of the best speakers in the Real Estate Speaking circuit.  Mirambell Realty's Broker/Owner, Craig Mirambell helped host the event and announced the dynamic speakers.  Losing his voice the evening before at an alumni cookoff, Craig took the stage and quickly handed it over to the experts, Leigh Brown of and Nobu Hata from the National Association of Realtors.

Both speakers kept the crowd entertained and surely impacted their thoughts (and hopefully actions) on how to be a better Realtor.  Surely, this was the best Realtor Appreciation Day put on by The New Orleans Metropolitan Association of Realtors (NOMAR).  With national vendors ranging from Zillow to Corelogic in town and the always supportive local vendors, it was an all around informative day for local Realtors.  

Posted in In the News
April 12, 2017

Home Prices Slowing in New Orleans, while Suburbs are Increasing

Home prices slowing in New Orleans, suburbs see increase

Although home prices continued to climb in the second half of 2016, the rate of growth has started to slow even further from the first half of 2016 in Orleans Parish, according to a new report.

New Orleans CityBusiness file photo

New Orleans CityBusiness file photo

Meanwhile, the housing stock in suburban parishes in the metro area has seen its largest gains in years.

That’s according to data released this month by local real estate consultant Wade Ragas, who looked at numbers from the New Orleans Metropolitan Association of Realtors and Gulf South Real Estate Information Network. The figures exclude sales of multi-family homes and condos.

New Orleans home prices increased from $172 to $177 per square foot, or 2.6 percent, for the final six months of 2016. That’s compared with an increase of $151 to $172 per square foot, or 13.9 percent, in 2015.

Latter & Blum president Richard Haase, who saw his company’s revenue increase from $106.9 million to $112.3 million in the last year, said the slower rate of appreciation represents a much more sustainable level of growth than the record increases the city witnessed in the last four years. Homes in the bellwether markets of Uptown, Garden District, the Marigny, Bywater and the lakefront continue to be at a premium, forcing buyers to consider other options.

This lack of supply has outpriced many potential homeowners from these neighborhoods and shuttled that demand to the outlying suburbs – increasing the prices there, according to Haase.

Two parishes in the metro area were the biggest beneficiaries of the migration. Jefferson Parish home prices increased from $107 to $116 per square foot, or 8.2 percent, and St. Bernard Parish home prices swelled from $79 to $90 per square foot, or 13.5 percent.

The area around Lafreniere Park in Metairie saw the biggest jumps in terms of sales volume and appreciation, with 252 units sold in 2016 and an increase of $107 to $117 per square foot, or 9.7 percent, from the previous year.

“Homebuyers are realizing they can get more house for their money in these suburban parishes,” Haase said.

Haase said another reason for the surge in prices in St. Bernard Parish is the “natural and ongoing recovery from Hurricane Katrina.” He added that the addition of New Orleans East Hospital as well as retail and other critical infrastructure has contributed to the gains in the area.

One thing that could slow the growth is predicted interest rate hikes from the Federal Reserve in 2017. Glenn Gardner, president of operations for Gardner Realtors, said increases have already started to occur.

Gardner said the interest rate for a 30-year fixed mortgage six months ago was 4.375 percent. Today, the rate is 4.625 percent. The gradual increases will create a sense of urgency among buyers and encourage them to get off the sidelines, Gardner said.

“Buyers will realize they won’t be able to get these bargain-basement rates anymore,” he said. “The sale is about to be over, so to speak.”

Another trend the local real estate market is embracing is virtual online tours for their properties. Craig Mirambell, owner of Mirambell Realty, said his company implemented the method three years ago and has cut down on the number of actual open houses.

“I think it is neat (that) as we promote, we are always holding an open house,” he said. “Don’t wait until Sunday. See it now.”

Haase said Latter & Blum offers both the online virtual tour as well as a slideshow for all its properties. Consumers are 600 times more likely to click through the photos in a slideshow than to sit through a 3-minute virtual open house presentation, he said, citing statistics he recently saw.

“Many customers feel that the slideshow is the quickest way to view a house,” he said. “There are also issues with internet speed.”

Posted in In the News