Just over eight years ago, a large population of New Orleans was barely able to inhabit much of the city that was devastated by Hurricane Katrina. Now, things have changed. New Orleans was just named in a CNN report as one of â€œThe Hottest 10 Housing Markets for 2014.â€ The Crescent Cityâ€™s recovery is truly nothing short of amazing, so it’s safe to say the Big Easy is back on top!
New Orleans has always been one of the countryâ€™s most intriguing cities. Following Katrinaâ€™s aftermath, thousands of outsiders stepped in to restore her former glory. New Orleans then entered onto the radar screens of new fans and investors who all recognized the potential for one golden opportunity after another. To fuel the fire, film incentives rolled in and the city became a hotbed for Hollywood productions, music videos and television shows.* It also attracted the likes of A-listers including Matthew McConaughey, John Goodman, Nicholas Cage, Sandra Bullock, and of course Brad and Angelina. The influx of enthusiastic new residents has really been a shot in the arm for the New Orleans housing market. [Continue reading]