Lafayette Louisiana Market Update - Find Out The LATEST News From the FED

This is the LATEST Lafayette Louisiana market update for January 2024!. This video delves deep into the Lafayette Louisiana market update, comparing data from 2023 to 2024. Discover the significant trends, such as an increase in new listings and a promising rise in inventory, showing a healthier Lafayette Louisiana real estate market. Despite rising interest rates, the Lafayette Louisiana market update reveals no housing crash; instead, average home prices have climbed from $234,000 to $250,000. This Lafayette Louisiana market update is essential for understanding the dynamics of local real estate, including changes in days on market, month supply improvements, and the stability of price per square foot. Tune in to grasp the full scope of the Lafayette Louisiana market update and make informed decisions whether you're buying or selling in the area.
Timestamps:
00:00 - Lafayette Louisiana Market Update for January 2024!
00:51 - Federal Reserve Updates
02:00 - Economic Data
02:59 - Inflation
04:22 - Federal Funds Rate
05:17 - What does it mean?
06:08 - Spring Market
07:12 - Lafayette LA Market Update
07:30 - New Listings
07:55 - Homes for Sale
08:18 - Pending Homes
08:38 - Closed Sales
08:51 - Days on Market
09:27 - Months supply
09:56 - Average Sales Price
10:38 - Price per sqft
10:49 - Shows to Pending
11:15 - Shows per Listing
11:30 - Thanks for Watching!
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Drake Abshire - Team Leader and Luxury Real Estate Agent
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