Austin Thompson, Redfin New Orleans

06/15/2026

Buyer’s Guide: What Is an Elevation Certificate and Do You Need One?

Buyer’s Guide: What Is an Elevation Certificate and Do You Need One? Shopping for a new home is an exciting journey

06/12/2026

Tips for Buyers and Sellers - Navigating the Louisiana New Home Warranty Act: What Every Buyer Needs to Know

Navigating the Louisiana New Home Warranty Act: What Every Buyer Needs to Know Buying a newly constructed home is an exciting milestone

06/10/2026

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06/05/2026

Your response to a challenge defines you more than the challenge itself.

05/31/2026

Top 5 Reasons to live in Lacombe, LA

05/31/2026

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05/30/2026

We are open in Slidell!

05/27/2026

Thinking about buying a home? Here’s some encouraging news: the share of all-cash homebuyers just hit its lowest level for March since 2020!

According to a new Redfin report, 28.8% of U.S. home purchases were made in all cash in March—down from nearly 30% a year earlier and a steep drop from the 35% peak in 2023.

Why the shift?
A more buyer-friendly market: With more sellers than buyers right now, house hunters don’t feel as much pressure to wave financing just to stand out in bidding wars.

Easing mortgage rates: Rates averaged 6.18% in March. While still elevated, it’s a relief from the 7%+ highs, making financing a more attractive option.

Economic uncertainty: In a topsy-turvy economy, even affluent buyers are choosing to keep their cash liquid in savings or other investments rather than tying it all up in real estate.

What this means for you: Less competition from wealthy all-cash offers, giving everyday buyers using a mortgage a much better fighting chance!

Check out the full report to see how your local metro area ranks (Cleveland and West Palm Beach are currently leading the nation in cash sales at 51%):

With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in bidding wars.

05/26/2026

New Listing in Freret!

05/21/2026

Always an adventure 🎶