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Real Estate Agent News: Million-dollar mansion club in New Orleans is booming, and a few key reasons might explain why

Eleanor Farnsworth specializes in high-end real estate.

She represents the buyers and sellers of homes in some of the ritziest parts of the New Orleans area.

But even she is surprised by the current market for upper-echelon homes.

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Summary of the Article

As median home prices in the metro area climbed in 2014 for the third straight year, so too did the price of big-ticket homes, real estate agents say.

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Article

Eleanor Farnsworth specializes in high-end real estate.

She represents the buyers and sellers of homes in some of the ritziest parts of the New Orleans area.

But even she is surprised by the current market for upper-echelon homes.

“I haven’t seen this type of demand before,” Farnsworth said.

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first published: 2015-02-28 03:40:55[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-7][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]