06/16/2026
Selling your home in Greater New Orleans right now means navigating one of the most frozen housing markets in years.
New data released today shows housing starts fell 15.4% in May, hitting the lowest level since 2020, according to Bloomberg. Builders are spooked by high mortgage rates and pulling back on new construction.
At the same time, nearly 70% of existing homeowners are locked into mortgage rates below 5% and can't afford to trade up. The market is stalled at both ends.
If you need to move regardless of what the market is doing, Abbott Price buys homes directly from Greater New Orleans homeowners. We make fair cash offers, close fast, and cover no repairs or agent fees.
We also offer mortgage assumption, where we take over your existing loan so you can walk away with your credit intact. Nobody else in this market offers both.
We're still buying houses. No matter what.
Call or text 504-655-6063 or visit abbott-price.com.