The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 17th, 2016

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GREATER ARABI, LOUISIANA

Arabi

Saint Claude Heights 70032 Neighborhood

The Home Buyer’s Korner

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Carolyn Ct Arabi LA 70032

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The median real estate price in the Saint Claude Heights neighborhood of Arabi, Louisiana $145,125, which is more expensive than over 55 percent of the neighborhoods in the state and more than 39 percent of the neighborhoods in the country.

The average rental price in the Saint Claude Heights (Arabi) neighborhood is currently $975 a month, and rents here are currently lower in price than almost 41 percent of all the neighborhoods in Louisiana. Most of the residential real estate is owner occupied. 

Saint Claude Heights is a suburban neighborhood located in Arabi, Louisiana, and the residential real estate is primarily made up of medium sized three and four bedroom to large four, five or more bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments. Many of the residences in the Saint Claude Heights (Arabi) neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built between 1970 and 1999.

Real estate vacancies in the Saint Claude Heights (Arabi) neighborhood are under seven percent, which is lower than one will find in nearly 65 percent of all the neighborhoods in the country. Demand for real estate in then Saint Claude Heights (Arabi) neighborhood is above average, and signals demand for either price increases or new construction of residential homes for this neighborhood.

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 important to learn all you can about the neighborhood you plan to call home.

Your future neighbors in the Saint Claude Heights neighborhood of Arabi earn middle class incomes, and this neighborhood has a higher income than over 41 percent of the neighborhoods in the country.

The recent census placed the population of Albany well within their maximum limits set by the USDA, and according to the census, many, if not all of this area could be eligible for government insured zero down payment home loans. A product designed to assist modest to middle class income earning home buyers in rural and semi-suburban areas for obtaining home ownership. 

In the Saint Claude Heights (Arabi) neighborhood, nearly 38 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with over 26 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at almost 23 percent, and nearly 12 percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Saint Claude Heights neighborhood of Arabi, Louisiana, residents most commonly identify their ethnicity or ancestry as French at 18 percent. There are also a number of people of English ancestry at over 11 percent, and residents who report German roots at almost 10 percent. Some of the residents are also of Italian ancestry at over seven percent, along with some Asian ancestry residents at nearly seven percent, among others.

The most common language spoken in the Saint Claude Heights neighborhood is English, spoken by over 88 percent of households, while over two percent speak Spanish and just under two percent speak Arabic.

VISIT OUR GREATER ARABI “HOMES FOR SALE” BOARDS

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FIND HOMES THROUGHOUT GREATER ARABI LOUISIANA

HUD HOMES FOR SALE IN GREATER ARABI LA

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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.

To print this document, click on “Open in New Window” located at the lower right corner;

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