

EP 68: Is Courtney Leaving New Orleans? Are the Rumors True?
Jul 30, 2025
Join Stephen Keighery, aka Aussie Steve, a seasoned real estate expert from Home Buyer Louisiana, as he dives into the complexities of the New Orleans real estate market. He sheds light on pressing issues like declining property values, governance problems, and the impact of COVID-19. Stephen also offers strategic insights for investors navigating uncertainty and shares personal anecdotes about a potential relocation to Florida for career growth. This conversation is packed with valuable information for anyone interested in real estate amid challenges.
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Episode notes
New Orleans' Market Challenges
- New Orleans is experiencing a "death by a thousand cuts" with many small issues harming the market simultaneously.
- These include zoning, insurance crisis, taxes, infrastructure, crime, Airbnb regulation, and population decline.
New Orleans Market Improvement Signal
- New Orleans had the worst property value decline in 2023-24 at -6%, but its decline eased to -1.2% in 2024-25.
- It is the only city to improve in 2024-25, signaling potential market stabilization or recovery.
Buy When Market Feels Bad
- When the market feels bad, that's the best time to buy if you have a medium to long-term outlook.
- Avoid buying at peak when everyone feels good, as prices may be inflated and lead to losses later.