The Northwest Louisiana Board of Realtors has released the official sale figures for 2008.  Shreveport/Bossier Sales were down over the last 2 years with an approximately 17% drop in total units sold.

It is interesting to note that while the total units were down 17% the total volume (Sales Price) went down only 15%.  So you might be saying what does that mean?  As I read the numbers, this means that the total number of house sales fell for 2008 in the Shreveport real estate market but the value of the houses that sold stayed pretty constant to 2007 prices.

This is good news for our market because while most of the country is experiencing falling prices, the Shreveport and Bossier City Real Estate market is still fairly solid.

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