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Listings by Neighborhood: Holy Cross

Holy Cross

Wedged between the levees of the Industrial Canal and the Mississippi River, Holy Cross stretches as far as the St. Bernard Parish line. The area derives its name from Holy Cross High School, which was founded in 1859 and built in 1895. Largely residential and having a rural flavor, the neighborhood grew steadily from the mid 1800s through the 1930s. Twin “steamboat houses,” inspired by the Japanese exhibit at the 1904 World’s Fair in St. Louis, draw many curious visitors to Holy Cross.

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Beauty AND Value in Resurgent Holy Cross!

717 St. Maurice

Flawless renovation of detailed Arts and Crafts home in rapidly-renovating Holy Cross! Double parlors with Craftsman details, mantels and bookshelves. Three spacious, independent bedrooms and two large tiled bathrooms plus a spacious kitchen and den that open onto a generous back porch and fenced back yard. All the details you want - central air/heat, designer paint colors, fantastic floorplan, all in all an unbelievable value!

  • $197,500
  • Living Area: 1749 Sq Ft
  • Total Area:  2142 Sq Ft
  • Lot Size: 31 x 112 Sq Ft
  • 3 Bedrooms
  • 2 Bathrooms
  • Single
  • Holy Cross Neighborhood
  • MLS Number: 762594
  • 1 story
Amenities: Craftsman details, hardwood floors, mantels, closets, front/back porches, central air

Agent: Meg Lousteau Email this Listing!
 

OPEN HOUSE SUNDAY August 8th, 1-3pm

3019 Banks - 3 bedroom 2 bath, historic sidehall with beautiful wood floors, lots of closets storage, off street parking and a nice shed/workshop in the yard. Must See. With interest rates this low now is the time to buy!!!

By MJ Sauer on 8/2/2010 4:35:00 PM


GREAT TIME TO BUY!!

Home Buyer Tax Credit Expires – Opportunity Doesn’t

Business Building by Margaret KellyPrint Article Print Article

RISMEDIA, July 27, 2010—The Home Buyer Tax Credit proved to be a valuable stimulus to the troubled U.S. housing industry. The only catch: those who qualified had to be under contract by April 30, 2010, and close by June 30 (editor’s note: at press time, the federal government had extended this closing deadline to September).

In the months leading up to the contract deadline, existing home sales increased steadily and, according to NAR data released in May, they jumped 7.6% from March to April, showing a 22.8% increase from April 2009 figures.

Now, with both tax credit deadlines past, real estate professionals can help maintain the recent momentum by keeping buyers motivated. Truth is, the tax credit was one of many incentives to enter the market in the past two years—and several of those advantages still exist for qualified buyers. Remind your customers that it’s still a great time to buy. Here are some key points to highlight for them:

Low Home Prices
Although there is widespread agreement in the industry that the housing market has reached the bottom, home prices aren’t expected to spike upward. Instead, they’re likely to skip along the bottom into 2011. They will continue to decline in some markets and creep up in others. As long as buyers remain diligent in the home search over the coming months, possible pricing fluctuations won’t have a dramatic effect on their property options.

Low Interest Rates
Interest rates on 30-year, fixed-rate mortgages hit a five-month low of 4.93% in May, and as of early June the rates were holding steady below 5%. Financial concerns over the growing debt crisis in Europe have stemmed discussions in the U.S. of raising rates. The historically low rates will save home buyers thousands and thousands of dollars over the life of a loan, which arguably is reason enough to enter the market.

Other Tax Benefits
The U.S. Home Buyer Tax Credit was temporary, but there are other tax benefits that buyers can continue to count on for the foreseeable future. Property taxes, mortgage interest payments and mortgage insurance premiums are qualified deductions that can help reduce many homeowners’ tax liability. For eco-conscious homeowners, purchasing energy-efficient appliances and making other green upgrades can mean a tax credit up to $1,500. For more information, be sure to visit www.irs.gov or consult a tax professional.

Encourage your buyer clients to focus on today’s favorable home buying conditions, instead of looking back with regret. It’s worth sitting down with them to recap the benefits of buying over renting. Tax credit or no tax credit, homeownership is part of the America dream—and it’s alive and well.

By MJ Sauer on 8/2/2010 4:32:00 PM


OPEN HOUSE SUNDAY July, 18th 1-3pm

3019 Banks.

3 bedroom 2 bath
1830 square feet
wood floors
high ceilings
central air and heat
lot of closets space
off street parking
nice work shop/shed
ready to move in.
Must See!

Super low interest rates make it a great time to buy!!

By MJ Sauer on 7/18/2010 12:59:00 PM


30-year fixed-rate mortgage stays at record low Mortgages - MarketWatch

30-year fixed-rate mortgage stays at record low Mortgages - MarketWatch

By MJ Sauer on 7/18/2010 12:54:00 PM


 

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