Gulf Coast Real Estate Back on Track

By Anthony Zappato
08/29/2006

It has been exactly one year since Hurricane Katrina destroyed the Gulf Coast. With winds up to 175 miles per hour, this category 4 storm leveled cities, took the lives of 1,800 people and caused damages in excess of $81 billion.

Logic might tell us that people would be leery to return to such a disaster-stricken wasteland, but the reality is that the Gulf Coast has breathtaking views and scenery that’s affordable. That, combined with the billions in state and federal aid has encouraged residents to tough it out, rebuild and restore their lives back to normal.

In addition to new homes, huge casinos like Harrah’s are popping up and pumping up the prices of Gulf Coast homes. Katrina threw a heavy punch, but Gulf Coast residents are hardly down for the count.

Get a Free Quote

Real Estate Industry News

Retired Halfbacks - A New Real Estate Trend 2006-11-14
Port Authority Approves Ground Zero Redevelopment 2006-09-28
Freddie Mac Free & Clear on Justice Department Probe 2006-09-13
The New York Mortgage Company, LLC Responds to Erroneously Reported Associated Press Article 2006-09-12
National Association of Realtors Projections 2006-09-11
Non-Prime Mortgage Jump in 2005 – Federal Reserve Study 2006-09-10
Lehman Brothers Stocks Rise 2006-09-05
Gap Closing Between Short-Term & Long-Term Rates 2006-08-31
Gulf Coast Real Estate Back on Track 2006-08-29
Home Sales at All-Time Low 2006-08-24
Increased Volume on Business Leases in Jersey City 2006-08-18
Green Homes in High Demand 2006-08-15
San Diego Hotel Boom 2006-07-29
Rent Hikes in San Jose 2006-07-29
Producer Price Index 2006-07-18
Discrimination in Lending 2006-07-18
Manhattan Rent on Retail Space Increase of 5.5% 2006-06-22
New York Freedom Tower May Not Happen 2006-06-21
Rent on Boston Retail Space Increasing 2006-06-21

Real Estate Industry News

Get the latest news and articles for the real estate industry online from QChest.com. Be sure to bookmark this page as you will want to check headlines frequently for important changes in real estate law, market trends and other issues pertaining to the real estate industry.

Get a Free Quote