Austin Thompson, Redfin New Orleans

Senior Premier Agent, Redfin Louisiana
Rocket Companies

504-225-4043
[email protected]

Get Preapproved with Rocket Today!

[Austin Thompson, Redfin New Orleans @austint_homes]

Come be my neighbor! https://t.co/iYzmZyBgsJ

[Austin Thompson, Redfin New Orleans @austint_homes]

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[Austin Thompson, Redfin New Orleans @austint_homes]

Big Changes to Real Estate Wholesaling in Louisiana: What You Need to Know About Act 807

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[Austin Thompson, Redfin New Orleans @austint_homes]

@GAFollowers See it all the time in New Orleans

[Austin Thompson, Redfin New Orleans @austint_homes]

This is really cool.

[Jason Carman @jasonjoyride]

I knew @rileymeik and @DeveloperHarris BEFORE they started American Housing Corp... the progress they've made in 2 years is nuts.

Tomorrow on S3: the first look at their first house.

[Austin Thompson, Redfin New Orleans @austint_homes]

🍊🍋

[NOLA.com @NOLAnews]

Insects, diseases and other problems that may affect your southeast Louisiana citrus trees https://t.co/5pRdXy3xmd

[Austin Thompson, Redfin New Orleans @austint_homes]

Peek inside this renovated 1940s Gretna cottage steps away from emerging 5th Street https://t.co/NsjdnqEq3W

[Austin Thompson, Redfin New Orleans @austint_homes]

Insurance Commissioner Tim Temple says carriers are taking rate decreases in the property market for the first time since the 2020 to 2021 hurricane losses, with rate cuts now roughly offsetting increases statewide. CURE filed a 10 percent decrease affecting about 23,765 policyholders and SureChoice a 7.5 percent cut for roughly 73,000 homeowners. New carriers, lower reinsurance costs, and the new comparative-fault law that took effect January 1 are all helping, though Temple cautions the state remains in a property insurance crisis and coastal parishes still face the hardest coverage market.

https://t.co/4KqM0KmTJJ

[Austin Thompson, Redfin New Orleans @austint_homes]

The standing forecast for the New Orleans-Metairie metro has home sales declining about 4.4 percent this year, a steeper drop than the national trend, even as the median price is projected to rise roughly 5.8 percent, more than double the national appreciation rate. A persistent lock-in effect, with owners reluctant to give up sub-6 percent pandemic mortgages, continues to constrain listings and support prices. It is a notable contrast with Baton Rouge, where sales are expected to grow.

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[Austin Thompson, Redfin New Orleans @austint_homes]

👽

[NOLA.com @NOLAnews]

Major aerospace company finalizes multi-million dollar purchase of Slidell property. What's next? https://t.co/DItPgUeaY9

[Austin Thompson, Redfin New Orleans @austint_homes]

Who wants a castle?

[NOLA.com @NOLAnews]

A fairytale castle in rural Louisiana is on the market for $1.9 million. See what’s inside. https://t.co/8p6np5z4lk

[Austin Thompson, Redfin New Orleans @austint_homes]

A gated, technology-equipped Kenner residence led greater New Orleans luxury closings at just over $1.7 million, a reminder that suburban Jefferson Parish continues to compete at the top of the market alongside the historic core neighborhoods.

https://t.co/C5159LkKFU

[Austin Thompson, Redfin New Orleans @austint_homes]

A fully renovated 1911 Edward F. Sporl-designed compound at 1516 Robert Street, 7,832 square feet with five bedrooms, a 5,000-bottle wine cellar, elevator, and saltwater pool, closed at $4.1 million on July 7 after just 17 days on market. The Martzolf Group at McEnery Residential listed the property, and the quick sale underscores durable demand for high-end historic restorations.

https://t.co/ztpn9GP9ks

[Austin Thompson, Redfin New Orleans @austint_homes]

Louisiana homeowners are still contending with some of the nation's highest premiums heading through the 2026 hurricane season, a persistent drag on affordability and buyer behavior across the metro. State officials point to early signs of market improvement and the first modest rate relief in years, but coverage costs continue to shape purchase decisions in flood-exposed parishes.

https://t.co/dyJg56tFRz

[Austin Thompson, Redfin New Orleans @austint_homes]

https://t.co/jG7jhIqtFR

[Austin Thompson, Redfin New Orleans @austint_homes]

Growth on the Northshore continues to outpace new construction, with a parish study projecting St. Tammany needs up to 17,000 new homes by 2030 to keep up.

Meanwhile Colliers is marketing redevelopment opportunities at Northshore Square Mall in Slidell, signaling continued repositioning of aging retail into mixed uses across the north shore.

[Austin Thompson, Redfin New Orleans @austint_homes]

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[Austin Thompson, Redfin New Orleans @austint_homes]

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[Breaux Mart @BreauxMart]

It’s what all the buzz is about lately 🍌❤️📍

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[Austin Thompson, Redfin New Orleans @austint_homes]

The Downtown Development District's Q2 report keeps the pipeline steady at roughly $1.1 billion spanning residential, office, hotel, and institutional work, with Tulane University taking a lead role in the former Charity Hospital redevelopment.

Underlying data was mixed: downtown visitation rose 5.6% year over year to 9.8 million, hotel RevPAR climbed 4.8%, and residential rents averaged $1,966, but overall office vacancy sat at 12.1% with Class A rising to 19.2%. DDD president Seth Knudsen said the quarter showed downtown "continues to gain strength."

[Austin Thompson, Redfin New Orleans @austint_homes]

The typical New Orleans home value stands near $246,374, down about 2.3% year over year as of the latest reading, with a large majority of homes selling below list price.

The picture points to a modestly softening, buyer-favorable market even as select restored and luxury properties continue to trade strongly.