July, 2017 | Houma LA Homes.com

Monthly Archives: July 2017

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Home sellers see biggest profits in a decade — not just because of higher prices

In this hot housing market, home sellers are racking up bigger profits on their homes than they have in a decade. Fast-rising home prices, coupled with homeowners staying put longer than usual are driving the trend.

The average tenure of a homeowner who sold in the second quarter of this year came in at just over eight years, the longest since the year 2000, when ATTOM Data Solutions began tracking the metric. During the last housing boom, in the mid-2000s, the average homeownership tenure was around four years.


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Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California.

Immaculate Home in Sugarwood! | 274 Lansdown Dr., Houma, LA 70360

This elegant, total electric home has granite countertops with a Cathedral ceiling in the spacious, open kitchen and wood, tile and carpeted floors throughout. The airy living room has a working propane fireplace with a beautiful, beamed ceiling. Hunter fans are in each room to keep you cool. Beamed ceiling in master with double sinks, marble counters, jetted tub, and stand up shower in the master bath. The gated, boat access back yard includes an in ground, 4′ saltwater pool with a pergola and is surrounded by vinyl fencing.


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Eight Ways Virtual And Augmented Reality Are Changing The Real Estate Industry

The real estate industry is changing fast, with technology and enhanced inter-connectivity already making a massive impact in the sector in terms of how customers find a property and how they view it. The internet remains one of the most popular resources for home buyers, with 95% of customers searching for real estate online, and a record 51% actually finding their ideal home that way, according to National Association of Realtors research.


Virtual reality (VR) and augmented reality (AR) in particular are becoming increasingly popular technologies in the industry, as they allow real estate professionals to offer a unique experience and perspective to potential buyers by digitally touring properties from anywhere in the world. Helping both agents and customers save time, and considerably speeding up the buying process, this technology is only expected to grow further, as indicated by a recent Goldman Sachs report. The research predicts that the VR and AR market in real estate will reach at least $80 billion by 2025.


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Tiffany Rabalais-Owner/Broker

Premiere Properties of The South
204 Mystic Blvd - Houma, LA 70360
Office (985) 223-1777
Licensed in the State of Louisiana