No place like NOLA-Mary Mang Realtor

07/23/2026

Brocatos will always be my favorite dessert spot in NOLA

07/22/2026

Good for the city !

07/17/2026

It would be great to have a thriving West End back again !

06/28/2026

The lack of affordable homes on the market, particularly for first-time buyers, is creating a mismatch between household incomes and listing prices. https://bit.ly/4vOTAGV

06/28/2026

Sellers have been in control of this housing market since 2020.

That just changed.

55% of home sales are closing below list price and the gap between asking and closing is widening.

Here's what's actually happening and what it means if you're thinking about buying or selling right now.

For three years, buyers had almost no leverage. Homes were selling above asking in days. Waived inspections. Escalation clauses. Cash offers from investors outbidding everyone.

The market was brutal for anyone who didn't already own property.

Then the math shifted.

Mortgage rates climbed from 3% to over 6.5%. Monthly payments on the same home nearly doubled. Buyer demand pulled back hard. Inventory started building.

And sellers who priced their homes based on 2022 peak values started sitting on the market longer than they expected.

Now the data is showing what happens when a market corrects.

55% of home sales are closing below the original list price. One third of all active listings have already cut their price at least once. Well priced homes are selling in about 63 days.

Overpriced homes are sitting at 121 days. That 58 day gap is the entire story of today's market told in two numbers.

And here's what this means practically.

If you're a buyer, you have negotiating power you didn't have two years ago. Price reductions, seller concessions, closing cost credits, inspection contingencies back on the table.

The buyers who understand the market right now are getting deals that would have been laughed at in 2021.

If you're a seller, the market is still telling you something loud and clear. Overpriced homes are not selling. They're sitting. And every week a home sits on the market, buyers assume something is wrong with it.

The sellers winning right now are the ones who priced correctly from day one and didn't chase the 2022 peak.

28 of America's 53 largest metros are already seeing year over year price declines. The Sun Belt markets that led the boom are now leading the correction. Cape Coral is down 9.6%. Austin is down over 20% from its peak.

Meanwhile Midwest markets like Kansas City, Cleveland, and Pittsburgh are still holding or growing.

This is not one national housing market.

It's dozens of local markets moving in completely different directions at the same time.

The buyers who win in this environment are the ones who understand exactly which market they're in and what the data says about where it's heading.

The sellers who win are the ones who price for the market they're in, not the one they remember from three years ago.

06/14/2026

06/10/2026

6567 Milne Blvd.
💲365,000

✨ Don’t miss out on this townhouse! Close to shops and restaurants and you will enjoy being in the midst of Lakeview. The spacious den has soaring ceilings , skylight and a wood burning fireplace. The kitchen is joined by a breakfast area and is open to the den for great entertaining space. An extra room containing the laundry room doubles as a bonus room , office or playroom. The primary suite offers a relaxing retreat and the primary bath has that spa feel! Customized closet in the primary suite and lots of storage space and closets throughout. A loft area upstairs can make a great office space or nice sitting area. You will have loads of off street parking in your long driveway which exits to a private alley way.

𝐇𝐨𝐦𝐞𝐒𝐦𝐚𝐫𝐭 𝐑𝐞𝐚𝐥𝐭𝐲 𝐒𝐨𝐮𝐭𝐡
☎️ 504-908-7653
📱 504-874-1699
📍 3131 S Interstate 10 Service Rd E |Metairie, LA | 70001

06/04/2026

The national median home listing price fell 2.4% year over year in May to $429,500, the steepest annual decline in Realtor.com data going back to 2017, as sellers shifted toward realistic pricing to attract buyers.

06/01/2026

She’s an icon !

New Orleans icon Miss Shirley has been cooking here for 50 years. This is her story. https://www.nola.com/entertainment_life/eat-drink/miss-shirley-matriarch-new-orleans-dining/article_e224639c-f6e4-4270-af2e-aa51c0d69490.html?utm_campaign=trueanthem&utm_medium=social&utm_source=facebook

Shirley Lee stands only slightly taller than the bar tables inside her New Orleans restaurant, Miss Shirley’s. But her personality is far bigger and has brought the community together for more than 50 years.

04/11/2026

🚨 PRICE ADJUSTMENT 🚨

Realtor 🏡🔑
HomeSmart Realty South
O: 504-908-7653
C: 504-874-1699
3131 S Interstate 10 Service Rd E. Metairie, LA 70001