New Orleans Real Estate News

Nov. 12, 2018

New Orleans Home Buyers Have One of the Quickest Credit Recovery Times

Any one who has ever made a large purchase on credit knows that the purchase is going to cause a din in your credit score. Well there's no bigger credit purchase that one makes in their life than the purchase of a home. That drop in your credit score may seem frustrating or disappointing especially since most have worked incredibly hard to get their score up to make that home purchase. But fear not, this drop is common and does improve over time.

In fact this drop in a credit score post home purchase is so common that LendingTree, an online marketplace, did a recent study in which they found that on average a home buyer's credit falls at least 15 points after purchasing a home and take about 11 months to recover to its previous credit rating.

While that news may seem daunting to those looking to buy home, there's some solace in the fact that New Orleans buyers had some of the quickest recovery periods. New Orleans home buyers took the top 5 spot in the rankings of recovery periods. Our city's buyers averaged only a 9 month recovery time compared to the national average of 11 months. Also, our city's buyers averaged only a 13 point drop in credit scores compared to the national average of 15 points drop.

 

*Information from this article obtained by: Realtor Magazine

Posted in In the News
Nov. 9, 2018

Andrea Corne Recognized by City Business

Andrea Corne had an outstanding month of sales during October 2018. Her accomplishments were acknowledged by New Orleans City Business during their most recent release. Our agents are incredibly hardworking individuals and we are ecstatic to the hard work of agents like Andrea Corne get recognized by local business news outlets. Congratulations Andrea and keep up the hard work!

 

The article can be found at this link:
https://neworleanscitybusiness.com/blog/2018/11/07/people-this-week-new-hires-promotions-awards-91/

Posted in In the News
Oct. 30, 2018

Monthly Agent Spotlight: Danielle Nice

Some people get into Real Estate because it can be a flexible career field. Other people become agents because they hope to make big bucks on commissions from million dollar homes. Then there are people like our agent, Danielle Nice. She works in Real Estate simply because she loves homes and especially the varied housing stock that New Orleans real estate offers. 

Danielle is a renovator at heart and grew up in a “big rambling older house on Napoleon Avenue.” She sees potential in almost anything (although she espouses the importance of a good foundation and strong mechanicals). She feels her strength in real estate is her expertise with older/historic housing stock as well as her creativity to see potential in not only homes, but neighborhoods. 

 

There isn’t a specific style of New Orleans architecture that Danielle loves. She just loves the old meeting the new. In other words seeing obsolete housing becoming modernized with updated electrical and plumbing systems and a livable family-friendly floorplan…All while retaining the warmth and character of the historical building. 

Danielle's goal as a Real Estate agent is to provide her clients with opportunities to build wealth. She feels the single best way to build wealth in life is through home ownership and real estate investing. Her enthusiasm for this is evident and sometimes, according to her family, exhaustive. But that enthusiasm makes her a great advocate for her clients, especially first time home buyers. Many people believe that they are not in the position to own a home. Danielle runs the numbers and finds housing opportunities that they themselves might not have realized are feasible. As Danielle put it she finds as much joy putting a single parent family into a home as she does selling a million dollar mansion. 

   

She doesn't believe that her work in Real Estate is a “sales” career. “You can't sell a client a home…you instead educate someone to the market and to the housing stock so they can make the best possible decision for themselves.”  And with her guidance, it usually is a good decision. As she mentioned in her interview, her real estate clients have done “very well.” 

Danielle came to Mirambell after living in San Francisco and Los Angeles for many years.  Danielle got her Real Estate license in California in the early 2000s and left the area to return home to help re-build New Orleans Post Katrina in 2007. She came to Mirambell just as Craig was getting the brokerage off the ground. She interviewed with many brokerages in the New Orleans metro and felt that being a part of the MBell team was the best fit for her. She liked how Craig Mirambell interacted with agents and how accessible he was to his agents. She also liked that Craig didn't make his agents conform to a particular mold or ideal of what a Real Estate agent should or shouldn't be. That freedom has allowed Danielle to be her complete self throughout her entire career.

  

Danielle's passion for homes runs strong and keeps her very busy, but outside the Real Estate realm Danielle is likely found with her family. She is a mother to 7 year old twin boys. They keep her busy outside of work, but so does teaching voice. As a former professional opera singer, Danielle now teaches voice lessons at Delgado Community College as well as privately in her home studio. 

 

Danielle is a strong champion for the betterment of the city of New Orleans. She and her husband advocate for issues that commonly face inner cities such as poverty, education and affordable housing. And it is her true belief that New Orleans will be the best city possible if all of its residents thrive!

Posted in In the News
Oct. 24, 2018

New Orleans Buyers Pay a Premium for Homes Near Cemeteries

"The house near the graveyard" may sound like the setting description to a horror film, but in New Orleans its just a normal description of a location to a home. New Orleanians don't fear living in close proximity to our cemeteries, in fact a new study has found that this close proximity can actually come at a premium.

Trulia recently mapped U.S. cemeteries, mortuaries, and funeral homes using Yelp and GeoNames. Their researchers ran a linear regression model using housing prices as an independent variable and whether that home is within a quarter mile of a cemetery, funeral home, or mortuary as a dependent variable. Researchers controlled for the following variables: bedrooms, number of bathrooms, square footage, and zip codes. The study found that homebuyers in New Orleans were willing to spend an extra 6.9% more for a home located within a quarter mile of a cemetery, funeral home, or mortuary.

New Orleans topped the list in this study done by Trulia. Researchers found that Silver Spring, Maryland came in second place with their residents being willing to shell out 6.3% more to live near the dead. The metro city that came in third place in this study was Philadelphia, Pennsylvania. Those residents were willing to spend 5% more for homes near graveyards.

Prior to this study, everyone knew tourists love to come to New Orleans to view our unique above ground cemeteries but it turns out our residents love to live near them too. I guess that's why they call us the City of the Dead.

*Information for this article was obtained by: Nola Curbed

Posted in In the News
Sept. 24, 2018

September Monthly Agent Spotlight: Andrea Corne

You can't miss Andrea Corne in a room. Her outgoing spirit will envelope any room she is in. So it comes as no surprise that this incredibly friendly fun personality is the same person you'll encounter if Andrea becomes your real estate agent.

Andrea entered into a Real Estate career because her husband is a builder. She wanted to provide him with the best representation possible and help take the work load off of him. Though Andrea has many years of customer service and sales experience from working in boutiques and shoe stores to her time as a sales assistant for the New Orleans Magazine; you could say she was always destined to work in Real Estate. Raised in Chalmette, Andrea's father was also a builder and Andrea was raised around Real Estate and watching the changing neighborhoods of the New Orleans region. Though she has always been very fond the unique architecture styles of New Orleans; she loves new and modern homes and seeing the way new construction can shape and change upcoming neighborhoods. 

Now as a wife and mother of two very active young boys, she loves her career path. She loves that being a Real Estate agent gives her flexibility to spend as much time as possible with her family. Her favorite way to spend her free time is with her family. They are close knit bunch who likely can be found at ball park. She also enjoys her dinners out with friends, family game nights, and her guilty pleasure of reality TV. Andrea is an active and involved mother, she often volunteers at her children's school. Her family loves their LSU on Saturdays and Saints on Sundays. She loves her Lakeview neighborhood and the community she is raising her family in.

Just like the hands on mom that Andrea is, she is also just as involved with her career. She knows the key way to see a transaction close smoothly is to ensure that she is on top of every step of the sale process by keeping in consistent communication with all parties. Andrea came to Mirambell Realty because she like its small boutique company atmosphere. The small team allows for better hands on training opportunities and more attention to the company's clients. She also loves that Mirambell can provide its clients with the latest and greatest technologies in the Real Estate industry. Her favorite modern convenience of home sales are the real life three-dimensional tours. It gives homebuyers a chance to walk the halls of home from the comfort of a computer. To Andrea this allows benefits for everyone since clients can tell if a home will work for them by viewing it from their computer without ever actually heading out to see the home in person.

Andrea is 100% transparent with her clients. She strives to get them into a home they love and gives them the full attention she provides to all aspects of her life. Her talkative, bubbly personality makes the sale process with her feel like house shopping with a close friend, the same close friend that all feel like they have when they meet Andrea Corne.

Posted in In the News, News
Sept. 7, 2018

Mirambell Realty Welcomes Jennifer Barrone-Moffett

Mirambell Realty continues to grow its team! We are excited to welcome Jennifer Barrone-Moffett to the team. Jennifer has always had a lifelong love of real estate. Her keen eye for interior design and positive ROI will prove to be a key assets in her real estate career. She has a love for helping those in and around the New Orleans area. Jennifer is eager to get the ball rolling and hit the ground running. She looks forward to helping her clients find their next home or investment.

 

Posted in In the News
Aug. 16, 2018

August Monthly Agent Spotlight: Naomi Corass

Naomi Corass has always had a love for home design and architecture so it was no surprise that she found herself with a career in real estate. Her husband being a contractor with his own business in building homes, she also loves the he always has an agent to work with thats is trust worthy and honest.

Naomi loves finding her clients their perfect home. She is a sweet, caring individual and works hard to fight for clients to get them into their dream home at the best deal possible. She loves her job and getting to be in homes. When she's not working with her husbands new builds, guiding him in picking out designs and fixtures she has garnered from her love of home design books, or working with her clients, I bet it is likely she could be found in an old home. Though she adores the various architecture of all the homes in the area, there's nothing like an old home to Naomi. As she puts it, "there's just wonderful old smell to them." She loves the intricate details, old windows, old doors, just everything that an old home like the Victorian ones found in the Garden District has to offer. Her love of architecture and old homes makes her the agent that she is.

Naomi came to Mirambell because she felt that Craig offered the best guidance to her as a newer agent. She felt that other brokerages just leave you out on your own, whereas Craig provided more one on one training through the early part of her career. She also loves the office environment here at Mirambell Realty. There are always other agents willing lend a helping hand. Naomi also loves that the office is high tech everything; from the virtual tours that allow clients to see the home before ever stepping on the property to the in house photography and digital marketing designs.

Outside of work Naomi is likely to be found spending time with her husband, family and dogs. Prior to meeting Naomi, her husband had never owned a dog. But Naomi is a big animal lover, dedicated to supporting charities that help in animal rescues, so she turned in husband into quite the animal lover. In fact, the couple currently has four dogs; Sugar Pie thats an eleven year old Shih Tzu mix, Mignon whose a six year old Pomeranian mix, Beau whose a five year old Shih Tzu mix and Lylia whose a four year German Shepard mix. Naomi and her family love going out to eat and taking in festivals like plantation, craft, and food ones. 

Naomi's kind and caring personality can beam across room. She is one of those people that when you meet them you instantly feel like you're dear old friends. That is what makes her such an incredible agent because to her your are way more than a client, you are a friend that she will do anything for to find you the perfect home.

Posted in In the News
Aug. 15, 2018

Mirambell Realty Welcomes Katie Parrino to the Team

Mirambell Realty has grown again! We are excited to welcome Katie Parrino to the team. She is a lifetime resident of the New Orleans Metro with a special perspective on the area since she has lived in Metairie, Uptown, Lakeview, Bucktown and now resides in Kenner.

She is the loving mother to two little boys, three dogs, and one cat so she understand the unique needs that families with children and/or pets have when it comes to housing. She is driven to help families find their perfect fit when it comes to their home.

Welcome Katie, we look forward to seeing all that you do in your career!

Posted in In the News
July 26, 2018

July Monthly Agent Spotlight: Michelle Soliman

Chris Rose once stated, "She is a New Orleans girl and New Orleans girls never live anywhere else and even if they do, they always come back. That's just the way it is. This is where she belongs." The she he was talking about wasn't our wonderful agent Michelle Soliman, but it very well could have been. Michelle was born and raised in the New Orleans Metro area. This city is her home and she loves every ounce of it. If she is not out and about around the city selling Real Estate, then she's out and about around the city with her husband and daughter taking in everything New Orleans has to offer. Michelle loves festivals, parks, the food; basically all the grand aspects of our fair city. She lives for Halloween and Mardi Gras, but it may take you a minute to spot her in the crowds since she's a big fan of costumes and wigs. Her fun spirit emulates all that is New Orleans, but she's not just about having fun. She works hard too.

She loves her job. After her career managing research grants left her wanting more human interaction, she transitioned into a career in Real Estate. She loves that she gets to help people find this wonderful part of their life; their new home. She loves that the job is always changing and providing something new. She is a caring agent who says that during the home buying process she builds a close intimate friendship with her clients and then likes to stay in touch with them afterwards. She enjoys seeing how their lives change over time after they complete their home purchase. Her fun loving spirit does show up in her work life too since she has met more than a few clients out on the parade route. Like the rest of her clients the ones she finds on the parade route have become some of her very good friends. Michelle chose to come to Mirambell Realty because she really enjoys the small brokerage feel. She loves the culture of the office and the closeness of the team.

This bright and bubbly spirited woman is more than just a Real Estate agent. She is an accomplished mother and wife. Michelle has her MBA from University of New Orleans and a Bachelors in marketing, also from University of New Orleans. Her business and marketing background are evident in her strong social media skills. Michelle has an active Facebook account for her Real Estate business. She shares with her follows far more than just her listings, but also helpful tips for homeowners and soon to be homeowners, along with important news from the area. She really enjoys the growing use of technology in the field of Real Estate. She believes it gives clients so much information in a moments notice at their fingertips along with allowing agents to have more tools to better serve their clients.

This New Orleans girl loves everything about the city including the architecture. Her favorite style of home from around the city is the craftsman cottage. She even calls one of the city's craftsman cottages home. She loves the old charm of the homes, the lines in their designs, and the heart of pine floors. She calls the Broadmoor neighborhood home and loves how charming her neighborhood's homes are. Also that she is in walking distance to great eateries, especially since the food of New Orleans is one of her absolute favorite things. Some of her favorite restaurants are St. James Cheese Company and Adolfo's on Frenchman. 

Michelle Soliman almost always is seen with a smile on her face. A joy to have around, she works hard for clients by persistently negotiating the best deal for them. But she also knows how to play too. She is the true embodiment of a New Orleans girl; taking in all that the city has to offer and helping her clients find their homes here. She does all this while raising her sweet daughter, that she shares with her husband that she met at the Bulldog, to bask in the beauty of the city from the festivals to Story Land.

Posted in News
July 20, 2018

Metal Roof- The Pros and Cons

One of the hardest moments of homeownership is the time when you need to put a new roof on your home. Roofing can an expensive home repair task to take on but there are more options out there now than your standard asphalt shingle roof. One of the roofing types gaining popularity is metal roofs. Metal roofs come with many pros and few cons. The biggest cons being that they cost more and they can be a tad noisier than your standard roof. But if you are willing to make the investment, metal roofs come with many benefits.

The biggest pro of a metal roof is that they last longer. In fact a metal roof is likely to last around fifty years. That is almost double the lifespan of your standard asphalt shingle roof. Asphalt shingles only really last around fifteen to twenty years. They deteriorate over time due to weather, wind, heat, insects and rodents. But a metal roof won't corrode, crack, or catch sparks and ignite from lighting strikes. 

Another big pro is that metal roofs don't require periodic maintenance like other roofing materials. Also metal roofs look all more attractive and add big stylish element to your home.

Metal roofs also are more energy efficient and better for the environment. The metal roof reflects solar radiant heat which makes your cooler costs around 30% lower. If you are planning to more toward solar energy, metal roofs are the ideal material to have under your solar panels. They are also more eco-friendly since metal roofs contain anywhere from 25%-95% of recycled materials and the roofs themselves are 100% recyclable. 

And the last big pro of a metal roof is that they are easy to install. Unlike shingles which need to be individually replaced, metal roofing comes in lightweight panels that can be cut to size. Also, metal roofs can be placed on top of current shingles to cut down on the labor cost of removing the old roofing.

Now with everything good there's always a little bad. The cons of a metal roof are a much smaller list though than its pros. Metal roofs can be a bit noisier than standard shingle roofs. But for extra costs materials can be installed that mitigate the drumming effect of weather and critters pitter pattering on the metal panels. Also another con is that metal roofs do costs more. Metal itself is a more expensive material than asphalt shingles so the roof will cost more than going the standard route. It can cost up to three times as much to instal a metal roof than a standard roof, but consider the lifespan is double for a metal roof in the long run the costs aren't that big of a con. Lastly the big con is that in areas of extreme weather, for example a place where heavy hail storms or violent weather occur, your metal roof could become dented. While the possibility of denting may occur it should be noted that this is merely a cosmetic issue and would not damage the functionality of your roof.

If you want to see a metal roof in person check out one of our latest listings. The home at 4026 Metairie Heights comes with a beautifully installed metal roof. So the new owners will get all the benefits of these stylish new roofs without the costs of adding it to their home!

(Images used in this article are from our listing at 4026 Metairie Heights)

*Information in this article is from Realtor.com

Posted in In the News