Anyone from the Lafayette area?

[JP Garcia]

Hi!  My family is considering a move to the Lafayette area, so I'm just trying to come up to speed on the area quickly.

With the university in town, and having heard a little about the economic depression due to falling oil prices, the place *seems* ripe for a good rental market.  Thoughts?

Thanks in advance for your insight :)

[Chad Jimenez]

Hi JP,

This is my 2 cents on the current rental market. 

The housing market here is very hot right now. Deals on the MLS aren't as plentiful as they once were and deals are sold very quickly or sold off market. The actual rental market is very competitive right now as well, so obtaining the 1% rule on rentals is difficult.

Lafayette as a whole doesn't seem to be as oil dependent as it once was. 

Feel free to reach out and message me if you have any other questions.