The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 21st, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Little Woods

Morrison Rd/Bullard Ave 70127 & 70128 Neighborhood

The Home Buyer’s Korner

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Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Wayside Dr New Orleans LA 70128

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The median real estate price in the Morrison Rd/Bullard Ave (Little Woods – Barrington Park East – Lake Carmel – Read Blvd East – Tamaron) neighborhood of New Orleans, Louisiana  is $180,175, which is more expensive than nearly 76 percent of the neighborhoods in the state and 52 percent of the neighborhoods in the country.

The average rental price in the Morrison Rd/Bullard Ave neighborhood is currently $900 a month, and rents here are currently lower in price than about 48 percent of all the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Morrison Rd/Bullard Ave area is an urban neighborhood of New Orleans, Louisiana, and real estate is primarily made up of medium sized three and four bedroom to small studios or two bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments.

Most neighborhoods are composed of a mixture of ages of homes, but the Morrison Rd/Bullard Ave neighborhood stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, while a number of residences were built between 2000 to present day. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residences are of the same architecture and similar in age. In fact, nearly 87 percent of the residential real estate here was built in this one time period.

Vacant homes and apartments are a fact of life in the Morrison Rd/Bullard Ave neighborhood. The current real estate vacancy rate here is over 20 percent. To understand this neighborhoods vacancy rate and its effects on your home buying or selling options, consult your real estate agent.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its flair. Some places look the same, but they only reveal their true character after living in them for a while, and why it’s so important to learn all you can before calling a neighborhood home. 

Single parenting is hard, but you don’t have to tell the Morrison Rd/Bullard Ave neighborhood; they already know it with over 22 percent of this neighborhood’s households being run by single mothers. For those moms looking to get ahead, consider home ownership with the FNMA My Community MortgageFHAFHA 203K or FNMA HomeStyle Renovation loan programs. These home financing tools could be one of the best things you could do for your family. 

Your future neighbors in the Morrison Rd/Bullard Ave neighborhood of New Orleans earn modest to middle class incomes, and this neighborhood has an income lower than nearly 78 percent of all the neighborhoods in America. 

In the Morrison Rd/Bullard Ave neighborhood, nearly 30 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations almost 25 percent, and over 18 percent in clerical, assistant, and tech support occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. 

In the Morrison Rd/Bullard Ave neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African over 24 percent. There are also a number of people of German or Irish roots at around two percent, while more than one percent calm French ancestry, among others.

The most common language spoken in the Morrison Rd/Bullard Ave neighborhood is English, spoken by over 97 percent of households. 

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Little Woods – Barrington Park East – Lake Carmel – Read Blvd East – Tamaron

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LOUISIANA HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMEPATH RENOVATIONS

Rebuilding the Dream of Home Ownership

Fannie Mae HomePath has No Mortgage Insurance up to 95% LTV

Up to $35K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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70127 70128 Little Woods – Barrington Park East – Lake Carmel – Read Blvd East – Tamaron

70127 Little Woods Tupelo St Roger Dr Bunker Hill Rd Benson Ct Morrison Rd Sandalwood St Woodland St Norgate Dr Hempstead Rd Crowder Blvd Andover Dr Lurline St Deer Park Blvd Huntington Park Dr Yardley Rd Rosalia Dr Kinneil Rd Benson St Perrault Walk Bright Dr Papania Dr Hammond St Gervais St Hayne Blvd Beechwood Ct Longfellow Dr Devine Ave Hauck Dr Shubrick St Cardenas Dr Harrow Rd Castle Ct Charlmark Dr Airwood St Hickerson St Lady Gray St Salem Dr Lehigh St Hillwood St Vanderkloot Ave Darby St Aberdeen Rd Rockton Cir Hickman St Glouster Rd Chevy Chase Dr 4759 Galahad Drive Middleboro Rd Boston Dr Afton Dr Hardy St Old Spanish Trl Dinkins St Nottingham Dr Rockton Cir Yorktown Dr Tilford Rd Weaver Ave Chaucer St Flossmoor Dr 10218 Pressburg St. Grand St Wheaton Cir Heritage Dr Wheaton Cir Symmes Ave Edenboro Rd Plaza Dr Plainfield Dr Charlene Dr Forest Glen Rd Brevard Ave 4842 Flake Dreux Ave Cindy Pl Curran Blvd Claridge Ct Willowbrae Dr Good Dr Morrison Rd Springwood St Willowbrae Dr Gabriel Dr Hanover Rd Brookfield Dr Kenyon Rd Poitevent St Flake Ave Zenith St Parkside Ct Gus St Vienna St Prentiss Ave Warren Dr MCCOY ST Hansbrough St Carter St Lafourche St Chef Menteur Hwy Dearborn Rd Adele St Restgate Rd Daniel Dr Citrus Dr Arthur Dr Castlewood Dr Trapier Ave Old Gentilly Rd Kensington Blvd Elmdale Rd Heather Ct Means Ave I 10 Service Rd Read Blvd Read Ln Tulsa St Guildford Rd Hardy St Shaw Ave Burke Rd Tara Ln Eunice St Cindy Pl Lomond Rd Fordham Ct Gawain Dr Deer Park Blvd Guildford Rd Marque Dr Donna Dr Dartmoor Dr Perelli Dr Deer Park Blvd Knight Dr Seawood St Grant St Lancelot Dr Chase St GENTILLY RD Lakewood St Morrison Ct Lake Forest Blvd Waterford Blvd Sierra Madre Dr Cerise Ave Dwyer Rd Rosewood Dr Bill St Wales St Scottsdale Dr Hardy St Avalon Way 10555 lake forest Bundy Rd Christy Ln Schindler Dr Pressburg St Coronado Dr Bundy Rd Camelot Dr Lacombe St Evangeline Dr Chrysler St Redwood St Nighthart St Boulevard Way Galahad Dr Hauck Dr Corinne St Irby St Deerfield Dr Morrison Ct

70128 Read Boulevard East MUIRFIELD CTR Inlet Ln Major Dr Maid Marion Dr Pineridge St Morrison Rd Lucerne St Chatelain Ct Chatelain Dr Haney Dr Dune Dr Blue Ridge Ct Camberley Ct Camberley Dr Buffalo Rd Pentland Dr Jonlee Dr Whitmore Pl Little Woods Dr Curran Rd For Sale Tynecastle Dr Hayne Blvd Friar Tuck Dr Notaway Ln Oakridge Ct Ashland Dr Louis Prima Ct Louis Prima Dr E Louis Prima Dr W Mercier St Meadow Bank St 7810 Wave Idlewood Ct Tricia Ct Vincent St Parkwood Ct E Parkwood Ct N Parkwood Ct S Doral Ct Cranbrook Dr Venice Blvd Oneida St Sandy Cove Dr Lake Barrington Dr Robin Hood Dr Adams Ct Winchester Park Dr Beauvoir Ct Woodvine Ln Campbell Dr Barrington Ct Maxine Dr Point Ct Idlewood Ct Barrington Dr Adams Ct 6001 Wright Road Blue Ridge Ct Superior Dr Blue Ash Dr Oakridge Ct Briarheath Dr Windward Ct Parlange Ct ONTARIO ST Jeannee Ct Tilbury Rd Bass St Bunker Hill Rd Chanelle Ct Pinebrook Dr Lake Carmel Dr Old Spanish Trl Reelfoot St 14527 Tilbury Rd. Winners Cir Tanner S Davis Dr Beekman Rd Pebble Dr 5460 S Eastover Dr Stonewood St Morel St Saint Andrews Cir Easterlyn Cir Saint Andrews Cir Greenbrier Dr Placid St Waverly Dr Finchley Rd Surf St Shorewood Blvd Ridgefield Dr Melvin Pl Marywood Ct Wright Rd Beaver Dr Reindeer St Will Stutley Dr Easterlyn Cir Turnberry Dr Sail St Darlene Ct Mackenzie St Winrock Dr Par Four Dr Curran Blvd Endston Ct Curran Rd Forum Blvd Lake Barrington Dr King Richard Dr Little Woods Dr Ivy Ln Quail Run Ct Briarwood Dr Zenith St Asphodel Dr Forest Park Ct Zeno Pl Prentiss Ave Bullard Ave Bullard Ave Duane Rd Whiteside Rd Idlewood Ct Adams Ct Parry St Fernley Dr Sherwood Dr Avon Park Blvd Shamrock Dr Bullard Ave Saint Andrews Cir Longview Dr Sandpiper Dr Rochon Dr 7200 Cranbrook Drive Jahncke Rd Kingsport Blvd Tamaron Blvd Northgate Dr Edgefield Dr Barrington Dr Saint Andrews Cir Kristen Ct Robin Hood Dr Forest Park Ct I 10 Service Rd Berg St Torrey Pines Dr Connaught Ct Dorsett Dr Anne Marie Ct Arcadia Ln Muirfield Cir Tamaron Blvd Christopher Ct Foxcroft Dr Queensway Dr Honeysuckle Ln Strathmore Dr Greenbrier Dr Pinehurst Ct Pyramid St Trade Winds Ct Stillwater Dr Little Woods Dr Eastover Dr Brownlee Ct Eastover Dr S Midpoint Dr Sandy Cove Dr Carmel Pl Hanet Dr Unity Dr Berg St Blue Ridge Ct Lake Forest Blvd McKendall Pl Quaker St Renaissance Ct Star St 4575 Dodt Avenue Marquis St Seven Oaks Rd Dorsett Dr Oakridge Ct Wales St McRaven Ct Horseshoe Bnd Emory Rd Michigan St Cypress Point Ct Gannon Rd Pressburg St Branch Dr Scottwood Dr Renaissance Ct Partridge Ln Mary Jane Ln Sand St Foucher St Beaconfield Dr Kingswood Dr Little John Dr Eastview Dr Knightway Dr Quail Creek Ln Easterlyn Cir Wayside Dr 4951 Wright Rd Linden St Oakmont Dr Sun St

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