I’m Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe!” column, I’ll be answering your real estate questions as well as providing market information and housing statistics.
I believe the main responsibilities of a Realtor are to add value and facilitate mutually beneficial transactions, and through this column I hope to help the New Orleans community make more informed decisions about their housing future.
Yo Joe! What kind of an impact does Mardi Gras have on the New Orleans real estate industry?
During the lead up and actual prime time of Mardi Gras, the market slows pretty substantially. People are busy setting up for parades, making preparation for house guests, knocking items off their professional to-do lists, and just generally avoiding the responsibility that comes with buying or selling a home.