Generally speaking, homes located in many southern states are lower in price than in many of our northern states. In my opinion this is related to higher property taxes, median income and available land.
For example: Texas, Louisiana, Mississippi and Alabama have a much lower median home prices than say New Jersey, Virginia and many other northeastern states. Texas, with it's abundance of land is probably one of the lowest in home prices in the nation. Louisiana, Mississippi and Alabama lower home prices are mainly due to lower median income and lower property tax rates.
Of course supply and demand is the crucial main factor to consider and the employment opportunities in each state play an important role in the average price of homes in all areas of the nation.
That said, Texas and Louisiana are probably the place to live if one is looking for lower home and general real estate prices. Fair property taxes and employment opportunities are also attractive in these two states.
For example: Southeast Texas and Southwest Louisiana are highly desirable locations for homes for sale. The southeast Texas area from Marshall south to Beaumont, has many small towns well spaced from 10 to 20 miles apart. This makes for an equal supply and demand for homes for sale. Houston, on the other hand is a metropolitan area with more demand than supply, making the Houston home prices more expensive.
Louisiana primarily consists of small towns with a few large cities. Lower property taxes in the rural towns and adequate employment opportunities make the rural areas of Louisiana a prime area for lower home prices.
In Conclusion: On the whole, many southern states offer a host of attractive reasons to relocate to the south.
See Louisiana home prices analysis. John Tatman ASA, IFAS, CRA (retired) was a Real Estate Appraiser for over 25 years in the Texas Real Estate Industry.
Article Source: http://EzineArticles.com/?expert=John_Tatman
Wednesday, August 26, 2009
Moving to Opelousas, Louisiana
Founded in 1720 it is the 3rd oldest city in Louisiana.
Located 20 miles north of Lafayette in central Louisiana and in St. Landry Parish, Opelousas has a population of approximately 23,000 as of 2007. Known as a tourist attraction, it is the home of the Jim Bowie museum, as well as other historical attractions.
The best home buying opportunities are located in the southeastern part of the city along Interstate 49 north and south. Housing values of $83,000 are well below state average of $126,000, making Opleousas a good home buying opportunity.
There are 3 High Schools public and private: Opelousas High School, Westminster Christian Academy and Opelousas Catholic School. There are 8 Elementary Schools: North Elementary School, South Street Elementary School, Grolee Elementary School, Creswell School, Southwest School, Northeast School, Plaisance School and Park Vista School.
The main industries in Opelousas are oil, agriculture, manufacturing, and retail/wholesale. In 1999, Wal-Mart opened a distribution center north of the city. It generates $89 million dollars per year to the local area and employs approximately 1300 local area workers. Job opportunities are mostly found 20 miles south in Lafayette with it's oil and gas industry.
The average income for a household in Opelousas is approximately $15,000, and the average income for a family is around $20,000. This makes incomes much lower than the state averages.
In Conclusion: If you are looking for a small southern town to relocate to, Opelousas is a place to consider. It has a lengthy and colorful history, with adequate housing and shopping opportunities. The friendly residents of the area are most welcoming of newcomers.
For More Information about Opelousas La, visit http://www.southernhomeshopper.com John Tatman ASA, IFAS, CRA is a retired real estate appraiser.
Article Source: http://EzineArticles.com/?expert=John_Tatman
Located 20 miles north of Lafayette in central Louisiana and in St. Landry Parish, Opelousas has a population of approximately 23,000 as of 2007. Known as a tourist attraction, it is the home of the Jim Bowie museum, as well as other historical attractions.
The best home buying opportunities are located in the southeastern part of the city along Interstate 49 north and south. Housing values of $83,000 are well below state average of $126,000, making Opleousas a good home buying opportunity.
There are 3 High Schools public and private: Opelousas High School, Westminster Christian Academy and Opelousas Catholic School. There are 8 Elementary Schools: North Elementary School, South Street Elementary School, Grolee Elementary School, Creswell School, Southwest School, Northeast School, Plaisance School and Park Vista School.
The main industries in Opelousas are oil, agriculture, manufacturing, and retail/wholesale. In 1999, Wal-Mart opened a distribution center north of the city. It generates $89 million dollars per year to the local area and employs approximately 1300 local area workers. Job opportunities are mostly found 20 miles south in Lafayette with it's oil and gas industry.
The average income for a household in Opelousas is approximately $15,000, and the average income for a family is around $20,000. This makes incomes much lower than the state averages.
In Conclusion: If you are looking for a small southern town to relocate to, Opelousas is a place to consider. It has a lengthy and colorful history, with adequate housing and shopping opportunities. The friendly residents of the area are most welcoming of newcomers.
For More Information about Opelousas La, visit http://www.southernhomeshopper.com John Tatman ASA, IFAS, CRA is a retired real estate appraiser.
Article Source: http://EzineArticles.com/?expert=John_Tatman
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