Tag estate

Market Watch: Lafayette Parish real estate still rocking

Despite a prevailing concern about the oil and gas industry and its impact on the local economy, real estate in Lafayette Parish is still on a roll. New construction sold is up 5.3 percent from early 2014 to early 2015.

The McGehee’s, A Real Estate Family

When it comes to buying or selling a home, The McGehee family gets results through strength in numbers. “Our customers receive our expertise & commitment when they list or buy with one of us,” says Penny McGehee, whose mantra is to work harder and smarter for clients than anyone else.

CATCHING THEIR BREATH

Despite the downturn, many local real estate professionals remain optimistic, saying the Lafayette area is experiencing a much-needed correction.

Beyond Oil and Gas

The downturn has taken a toll on commercial activity in the Lafayette area, but oil’s low price reality is sinking in just as opportunities for diversification abound.


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