New Orleans Real Estate Post Katrina

New Orleans real estate was devastated by hurricane Katrina. Many people lost everything in the aftermath and several former residents chose to leave for greener pastures in other cities and states.

However, thanks to herculean cleanup efforts and dogged determination from those who chose to stay, New Orleans real estate is recapturing some of its former glory.

The Damage of Katrina

The worst part of hurricane Katrina managed to miss New Orleans. However, because of the damage done to canal Champus New Orleans paid a heavy toll in the aftermath of the storm. Nearly all of New Orleans was flooded with the water being as deep as 15 feet in some areas.

Reconstruction

Several months after Katrina, power was being restored to the business car insurance costs on a priority basis. Additionally, the Port of New Orleans was opened in order to receive citibank student loan consolidation supplies. Commercial shipments soon followed.

The Army Corps of Engineers began working on repairing the damaged levees almost immediately. Pumps were also installed to remove the flood Dietgirl from the city. Demolition crews were hired to dismantle homes beyond repair and salvage what could be salvaged.

Many charity organizations, particularly the Red Cross and Salvation Army, helped provide relief during reconstruction. As sections of New Orleans were repaired, the relief organizations began slowly pulling out to allow residents to return to their normal lives.

Some experts predicted that New Orleans would become a ghost town with virtually no residents returning. However, that has not been the case. In fact, some residents chose to live in an upper, undamaged area of their home even while the lower portions were being repaired.

New Orleans Real Estate on the Rise

With so many of New Orleans residents choosing to stay, it has helped maintain a relative economic stability in the city. With cleanup complete in most areas, New Orleans real estate is once again on the rise.

Remax Louisiana ( www.remax-louisiana.com/remaxla/neworleans-la-real-estate.asp">www.remax-louisiana.com/remaxla/neworleans-la-real-estate.asp) specializes in finding you the perfect piece of www.remax-louisiana.com/remaxla/neworleans-la-real-estate.asp">New Orleans real estate The author, Billings Farnsworth, is a freelance writer.