Louisiana real estate sales will get boost from first-time homebuyers credit, Saints' Super Bowl win

Kimberly Quillen The Times-Picayune 03/07/2010 13:01

The Times-Picayune

The Times-Picayune

Real estate sales in Louisiana are expected to get a boost this year from the federal first-time homebuyers credit and, quite possibly, the Saints' Super Bowl win, according to the Louisiana Realtors group.

"The phones are ringing right now," said Malcolm Young, Jr., CEO of Louisiana Realtors, said of the impact of the federal tax credit. Congress has extended the $8,000 credit through April 30.

Young expects the jump in sales to serve as a springboard into the stretch between April and September, months that are "generally your hot selling and buying season."

Young also thinks the Saints' Super Bowl win could generate new interest among out-of-staters in checking out south Louisiana and possibly moving here.

"It gets people interested," agreed Michael Indest, a Kenner real estate broker who serves as the group's 2010 president. The Saints' win has also generated a great deal of optimism in the New Orleans area, something that is generally good for real estate sales.

Add your comment Send Print Report

US Louisiana property sales first-time buyers

Home Page | Real Estate

Latest Articles

Mets edge Pirates in Dickey's 11-strikeout game New York Seizes Control of Horse-Racing Board New York City to get first major natgas line in 40 years New York Taxi Drivers Unsure They Will See Benefits of a Fare Hike New York Tops London With A Million Dollar Parking Space American Idol: Will Jessica Sanchez's Bad Original Song Cost Her The Title?Egyptians to vote in historic presidential election North Korea says it will 'expand' nuclear program in face of U.S. 'hostility'Iran's Ahmadinejad to visit China to discuss nuclear issue Romney adds to delegate lead with win in Kentucky

Most Popular

New York cops bust 45 in 'Supreme Team' drug crackdown New York Tattoo Convention lands at Roseland Ballroom with up to 200 artists REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship New York City Plans to Offer Buyouts to Idled Teachers Beastie Boys' Adam Yauch Honored by New York Senate $90M midtown penthouse tops mark for priciest New York City apartment Donna Summer, Disco Queen, Dead at 63 Popular Antibiotic May Raise Risk of Sudden Death California expects Facebook boost

More From Real Estate

$90M midtown penthouse tops mark for priciest New York City apartment REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale Alicia Keys lists penthouse she bought from Lenny Kravitz New York Attorney General Increases Homeowner Assistance Funding In yearly address, Mayor Bloomberg makes push to develop Kingsbridge Armory Trump proposal for New York City golf course faces critics New York Public Library Is in Talks to Sell Space Russian billionaire buys most expensive apartment in NYC Realtors: We Overcounted Home Sales for Five Years Bonnie and Clyde star Faye has finally Dunaway with rent controlled NYC apartment after agreeing to vacate property Census: US housing bust worst since Great Depression New York pips London in property investment Land Deal Is Announced to Allow New U.N. Tower and Esplanade NYC’s Rat Island, 2 acres of rock that once housed typhoid patients, sells for $160,000 New York's Rat Island going on auction block The last resort: More and more Americans are calling long-stay motels home New York court stalls second phase of Brooklyn arena project US unemployed get 12 months rent-free under policy changes NY property-tax cap may hit cash-poor cities: report Big banks still drive Manhattan rents

Newsletter

Get each new article from

New York

Your email:

Latest

Mets edge Pirates in Dickey's 11-strikeout game New York Seizes Control of Horse-Racing Board New York City to get first major natgas line in 40 years New York Taxi Drivers Unsure They Will See Benefits of a Fare Hike New York Tops London With A Million Dollar Parking Space American Idol: Will Jessica Sanchez's Bad Original Song Cost Her The Title?Egyptians to vote in historic presidential election North Korea says it will 'expand' nuclear program in face of U.S. 'hostility'Iran's Ahmadinejad to visit China to discuss nuclear issue Romney adds to delegate lead with win in Kentucky

Embed in your website

Tags

CMOM Guggenheim MAD NMAI USA Bamiyan Art Afghan Kebab House NYC Immigrant Restaurant Science Museum dining New York Afghan restaurant Manhattan Planetarium MoMA

Popular

New York cops bust 45 in 'Supreme Team' drug crackdown New York Tattoo Convention lands at Roseland Ballroom with up to 200 artists REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship New York City Plans to Offer Buyouts to Idled Teachers Beastie Boys' Adam Yauch Honored by New York Senate $90M midtown penthouse tops mark for priciest New York City apartment Donna Summer, Disco Queen, Dead at 63 Popular Antibiotic May Raise Risk of Sudden Death California expects Facebook boost

Comments

God help us get integrity back in our government..appalling! We his salary to preach this?! idiots Get out! I'M SICK OF THESE UNGRATEFUL EMPTY HEADS WITH SH-T FOR BRAINS hello people Georgia and Idiod congresscritters how stupid can one be? justice...

Click for New York, New York Forecast

New York Luxury Hotel in Times Square Welcomes New Year's Eve Partiers With Celebrations and Accommodations The Benjamin Celebrates 10 Years of the Perfect Night's Sleep with Special Anniversary Package Introducing The Live Nation Club Passport: See Unlimited Club Shows for Remainder of 2009 Just $49.99, All-In, No Fees Alaska Airlines and Horizon Air Offer 'Mystery Discounts' It's Promotional Day from Boar's Head at Yankee Stadium Chick-fil-A Kicks Off 2009 College Football Season with FREE Chicken Sandwich Giveaway, Interactive Website for Fans Lady Of America Continues To Help Women Who Want To Exercise During Stressful Times Chong Hing Jewelers, an Authorized Dealer of Patek Philippe, Offers Free Sunglasses with Purchase Cross Country Automotive Services Offers 'Green' Fuel Card Program to Improve the Environment, Help Roadside Assistan... Maui's Newest Luxury Resort Offers Fall Special at 50% Off Rates

New York, NY
maps.google.com

Euro Zone Crisis Boils as Leaders Argue, Failing at Pact The Energy Rush: Shell Arctic Ocean Drilling Stands to Open New Oil Frontier DealBook: Regulators Ask if All Facebook Investors Were Treated Equally Elizabeth Warren’s Indian Claims Don’t Sway Voters Romney Calls Failing Schools ‘Civil Rights Issue of Our Era’ Media Decoder: New Orleans Times-Picayune Is Said to Face Big Cuts ArtsBeat: Phillip Phillips Wins 'American Idol,' Beating Out Jessica Sanchez U.S. Drone Strike Kills 10 in Pakistan, Officials Say Philadelphia Orchestra Submits Reorganization Plan Law of the Sea Treaty Is Found on Capitol Hill, Again Egyptians Vote in Presidential Poll Paul Fussell, Literary Scholar and Critic, Is Dead at 88 Indelible Image of Boy’s Pat on Obama’s Head Playoffs | Conference Finals Game 5: Devils 5, Rangers 3: Devils Start and Finish Strong in Game 5 Bloomberg Violates Weekend Helicopter Ban, and Will Stop

Washington Post

Washington Post

Japan begins grim relief mission with towns flooded, thousands reported missing Japanese nuclear plants' operator scrambles to avert meltdowns For autistic kids' parents, trial hits home Subterranean jail a sign of Gaddafi's grip Who will reach the Final Four?

USA Today

Chinese man held for exporting U.S. nuke parts Zimmerman complained about police last year Expatriates in drug violence-riddled Mexico: Stay or go? Pakistan says U.S. drone kills 10 militants Real federal deficit dwarfs official tally Utah authorities step up search for cabin burglar Lawmakers skeptical Secret Service scandal was one-time deal Submarine catches fire at Maine shipyard Clinton: U.S. hacked Yemeni al-Qaeda sites Sender of text message may share blame in car crash

Wall Street Journal

Merger Turbulence Hits United Fliers Some Big Firms Got Facebook Warning H-P Shows Age With Layoffs Chesapeake Raises Big Bet in Ohio Hospital Medical Devices to Go Wireless Chinese Tycoon Sees Deals Beyond AMC RIM Suffers Another High-Level Departure Fate of BlackBerry's Messaging Tool in Doubt Zynga Defends Acquisition GE Pushes Industrial Profit-Margin Goal Into 2013

Advertisement:

Win Win Websites Promotion

Win Win Websites Promotion

No deal but 'solid progress' in Iran nuclear talks Egyptian voters queue to make history Suu Kyi in first trip abroad in decades Seoul: N.Korea ready for nuclear test European leaders put off key decisions Euro drops sharply as fears take toll Prosecutors seek death for Ben Ali Syrian opposition council chief resigns Doctor who helped find bin Laden jailed 3 cities in running to host 2020 Games

Associated Press

Obama, Dems redoubling money efforts to keep edge Inquiry hears of wider Secret Service misbehavior Eager Egyptians hold landmark presidential vote Romney promotes education agenda, defends Bain Clinton: US wars with al-Qaida on the web Zimmerman complained about Sanford police in 2011 Facebook, JPMorgan gaffs erode faith in Wall St. Unabomber submits update to Harvard alumni book Phillip Phillips is the new 'American Idol' 76ers top Celtics to force Game 7 in East semis

Housing market recovery gains traction Suu Kyi to make first trip out of Myanmar in 24 years: party EU urges Greece to stay in euro, plans for possible exit China factory data signals weak first-half growth Obama defends foreign policy record against Republicans HP to lay off 27,000, profit slides 31 percent Egyptians back at the polls to pick president Jury deals big blow to Oracle in Android case versus Google Shareholders sue Facebook, NYSE comes calling Detailed, "engaged" Iran nuclear talks go to second day

Russia: Shield-proof missile test-fired More Secret Service incidents revealed Ghonim: Next prez will be "accountable" Traffic jam at Everest "death zone" Band members describe hazing ritual Ten Olympians to watch HP laying off 27,000 workers in restructuring Doctor who aided U.S. bin Laden hunt gets 33 yrs Clinton: U.S. hacked Yemeni al Qaeda websites Zimmerman rode with cops, called them lazy Friends say "no back-story" to Fitzgerald's exit UK TV host: Piers Morgan told me how to hack U.S. accuses ex-Mexican gov. of cartel bribes Advocate: Bus attacker thought he beheaded alien Hawaii verifies Obama's birth records to Arizona Watch: Man skydives without a parachute "Idol" winner crowned after record 132M votes Study links calcium pills to heart attacks Watch: Will Smith on slapping TV reporter who kissed him Bride who faked cancer to be released from jail

Easy Hair Ideas For Party Trekking and Walking Shoes For Active Girls Victoria's Secret Beach Sexy Bikini Collection ELLE’s June cover girl: Kristen Stewart Facebook founder's bride shines in Claire Pettibone wedding gown Trendy Summer Shoes What's Celebrities are Hiding in the Closet? Fashion Ad Campaigns S/S 2012 Photos of The Royal Family Dressed Up For Christmas Street Style Accessories

Video: Egyptian election makes history Facebook's dream IPO is starting to look like a nightmare The winner of 'American Idol' is ...According to host Ryan Seacrest, a record 132 million votes were cast to decide whether contemporary artist Phillip Phillips or timeless voice Jessica Sanchez would win. Gulf Coast fishermen fear effects of oil spill may be far from over 76ers lock down Celtics, force Game 7 Officials: Drone strike kills 10 in Pakistan US Attorney Patrick Fitzgerald announces resignationU.S. attorney Patrick Fitzgerald abruptly announced his resignation Wednesday with no heads up to top officials at the Justice Department and no current plans for new employment, his spokesman said. HP to lay off about 27,000 to save $3 billion 'Boiling point': On Lebanon's Syria Street, a civil war brewsTRIPOLI, Lebanon – It only takes a two minute stroll down Syria Street to see why so many people are so worried about what might happen next in Lebanon. Homes, structures destroyed in Nev. wildfire