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Louisiana Bank Owned Real Estate Foreclosures - Buy Bank Owned Homes - REO Property

Louisiana Bank Owned foreclosures and Real Estate Auctions
bank owned foreclosures
Louisiana bank owned real estate and foreclosed bank home listings. The 2005 population estimate for Louisiana was 4,523,628. The largest cities in Louisiana include New Orleans, Baton Rouge, Shreveport, LaFayette, Lake Charles, Kenner, Bossier City, Monroe and Alexandria.

Louisiana was among the states in the southern US with the lowest median housing value, according to a recent US Census Bureau report, with a median priced home selling for about $90,000. With one new foreclosure per 166 households, Baton Rouge Louisiana realized the nation's 2nd highest metro foreclosure rate. Of the 4 parishes that are in the metro area, East Baton Rouge Parish reported the majority of foreclosure activity.

A foreclosure moratorium on foreclosures in Louisiana imposed by the Department of Housing and Urban Development for homeowners affected by the hurricanes has expired, contributing to the steep rise in foreclosure activity in Baton Rouge and Louisiana as a whole.  The result has been that there are substantial opportunities to locate bank owned real estate listings. For auctions, foreclosures and bank homes for sale, BankOwnedRealEstate.com.
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