Until the silly AB284 mess is overcome, the supply is bad.

Not a bad post, but please supply a bit more info...Do you have any net worth?

It's in the hottest zipcode in the city, near the LSU Lakes and campus- an area that doesn't see vacancies because of demand and short supply.

It is a supply and demand issue.My area is trending sideways with small blips down, but then up.

Our coop buys water at $7/1000 gallons from next city, but is supposedly opening their own water supply in Sept. for about $2.10/1000 gallons.

Focus on finding more than a few reliable reo agents, and other direct sources to supply you with properties.

Guess I could tell you, it's 2 months, 12 days, 16 hours and 42 mintues to cash my check......lol, that doesn't tell you anything really and to say "average" that's a moving target as it depends on so many factors, your market supply and demand, interest rates, scope of projects, time of year, weather, who you know and their ability to buy.

:)A couple years ago when cash buyers were in short supply, cash offers warranted significant discounts.

The majority of the problem in the housing bubble stemmed from an artificially high supply of buyers.

At the moment, much of the valley has around a 1-month supply (shortage).