The Channel you have requested is no longer available.

Lagniappe Living in Lake Charles, Louisiana

Lake Charles LA Home Inventory

In a recent economic forecast, Freddie Mac addressed the inventory levels as BELOW historic norm.  " Including newly built homes in the inventory count, the total number of homes offered for sale relative to the number of households in the US has been running at the lowest level in more than 30 years"  "The relatively low for sale inventory reflects several features of today's market.

KCM NAR data

The National Association of Realtors research shows us a balanced real estate mark requires a six month supply of available housing inventory.  According to a Existing Sales Report earlier this week, NAR revealed that we are still only at 5.5 month supply inventory.

What occurs when inventory levels remain below historic norms is it becomes a seller's market.  This is true for our real estate market in Lake Charles and Southwest Louisiana.  With the burst of economic growth and expansion bringing new residents to Lake Charles, our current real estate inventory cannot meet the supply.  Developers and builders cannot keep up with the demand and this will continue to be an issue as more of those permanent jobs bring residents to Lake Charles  from now through in 2015.  Don't be surprised to see a low amount of results when searching for Lake Charles Home that there are not many homes that come up in your home search!

Multiple offers on properties are becoming more and more common,  What is here today may be gone tomorrow!  Lake Charles Home Buyers check out these tips for multiple bid strategy! 

If you are considering selling your home, now may be the time to list it for sale, Contact me to go more into detail with your home value and listing



For more information on Lake Charles Real Estate, visit my website.  You can search homes for sale in Lake Charles, Louisiana,  and view up to date information on Lake Charles Subdivisions, Neighborhoods

Find Lake Charles Realtor Marilyn Boudreaux Century 21 Mike D. Bono & Co.'s on Google+

If you are planning a move to or from the Lake Charles, LA area, I can help!   I am a full time Realtor licensed by the Louisiana Real Estate Commission and am affiliated with:

Century 21 Mike D. Bono & Co.'s

4410 Nelson Road, Lake Charles, LA, 70605 USA

337-478-1578 or 337-499-9592

CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC. An Equal Opportunity Company. Equal housing Opportunity. Each office is independently owned and operated.  The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments are not warranted or implied representation of it's accuracy,  All information is copywritten and the property of the Author, Marilyn Boudreaux.  


Follow me on Facebook

Marilyn Boudreaux Century 21


Google ME


 Marilyn Boudreaux Copyright 2012


3 commentsMarilyn Boudreaux • July 28 2014 09:01AM
Lake Charles LA Home Inventory
In a recent economic forecast, Freddie Mac addressed the inventory levels as BELOW historic norm. " Including newly built homes in the inventory count, the total number of homes offered for sale relative to the number of households in the US has… more
Pre-Approvals and Documents Loan Officers Need From Buyers
Take the Stress out of Home Buying- Get Pre-Approved for Your Loan First! A pre-approval is a simple calculation done by a mortgage lender that tells you the amount you’ll be able to finance and what your monthly payment will be. A pre… more
Good Friday, Families and Seafood Traditions in Lake Charles LA
Many Southwest Louisiana residents are off work today in observance of Good Friday. You may wonder how people in Southwest Louisiana spend the day on Good Friday. There were many activities going on throughout Calcasieu Parish and will continue… more
Southeast Lake Charles LA Home for Sale
2224 S. Pinewood Drive, Lake Charles, LA Get Directions Click Here Description Photos Maps & Local Schools Virtual Tour $ Click for current price 3… more
Feeling like an Oscar Star in Lake Charles LA
I am very excited to be a Century 21 Centurion and President's Award Winner which is pretty much like the Oscar of Real Estate! It was a proud moment to be congratulated in person by Century 21 CEO/President Richard Davidson! To achieve… more
Century 21 Recognizes the Importance of Technology in Real Estate
Century 21 recognizes the importance of technology! It was announced at Century 21 Global Conference that Century 21 will partner with Google! Sam Sebastian, director local at Google shared the excitement about collaborating with what he… more
Mardi Gras in in Full Swing in Lake Charles Louisiana!
New Years and the Super Bowl have come and gone but we here in Southwest Louisiana Roll right into Mardi Gras season! Twelfth Night was January 6, 2014 and that is when Mardi Gras begins. From then until March 2, 2014 you can expect to see Mardi… more
Snowgedden 2014 in Lake Charles, LA
One of the pluses of Lake Charles LA Living is we here in Southwest Louisiana enjoy mild winters! Normally our only worries pertain to Hurricanes. Last Friday, January 24th was the first rare "snow day" here in Lake Charles, LA this was the view… more
Calcasieu Parish No 1 in Nation with 2014 Projects in Southwest LA
Calcasieu Parish is the No 1 county in the nation for planned industrial projects in 2014! In a marketwatch. com press release dated January 13, 2014 …Calcasieu Parish is Poised for Growth With $19 Billion in Industrial Projects on the… more
Colorful Start to the Weekend in Lake Charles LA
There is always something going on in Lake Charles LA. This morning the Lake Charles LA Color Vibe 5K was a lot of fun! Lake Charles Color Vibe 2014 Runners and walkers participated in a color filled 5K along Shell Beach Drive and the Boardwalk and… more