Industry News

The new New Orleans

Signs of life in post-Katrina real estate market
Published on Sep 3, 2009

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by CareyBot

Sonya Becknel drew a flood zone map the size of her desk before buying a home in Chalmette in St. Bernard Parish, southeast of New Orleans.

St. Bernard was one of the hardest-hit areas of New Orleans after Katrina struck four years ago. The parish is rebounding, even though some returning residents did not receive restitution for their flooded homes after the storm.

"You can see the true grit of the people," said Cliff Reuther, Becknel's agent and Prudential Gardner broker and manager.

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