Saturday, October 22, 2005

Property records searches slow down real estate market in NO.

The displacement of the thick books, which had to be sent to Chicago in refrigerated trucks for restoration and then returned to New Orleans, has shut down the local real estate market for two months, deepening the uncertainty over property values as New Orleans struggles to rebuild.
Thousands of records were flooded during Katrina. This article implies that most were not lost, but they are a mess to work through.

No comments: