News & Updates

There are reasons for optimism when it comes to real estate and economic development in the New Orleans region, despite lingering challenges.

That was a key message during the 14th Annual Economic and Real Estate Forecast Symposium by the New Orleans Metropolitan Association of REALTORS® Commercial Investment Division. This year’s symposium centered around the theme of “New Orleans: Growth, Stabilization or Disruption?” drew more than 500 registrants and attracted more than 45 sponsored partners from multiple real estate disciplines.

Both buyers and sellers in the New Orleans real estate market are highly familiar with disruption. From hurricane damage to rising insurance rates, navigating challenges in order to secure deals can feel daunting. However, local real estate professionals say that amid these obstacles, more people are developing creative solutions that they anticipate will lead to growth and greater stability in the future.

Early bird registration opens for the region’s premier industry event

More than 500 local professionals from real estate and related disciplines gathered Thursday to learn from one another and hear expert analysis about the current economic climate during the 13th Annual Economic and Real Estate FORECAST Symposium, presented by Gulf Coast Bank and Trust Company in partnership with the New Orleans Metropolitan Association of REALTORS® (NOMAR) and its Commercial Investment Division.

“People are buying houses every day. While interest and insurance rates impede our process a little bit, people are still purchasing, albeit at an altered price point,” said Liz Tardo, a broker/owner and President of the New Orleans Metropolitan Association of REALTORS® (NOMAR).