Shreveport Real Estate – Rising From the Ashes
Shreveport, Louisiana is a city separated from its neighboring city, Bossier, by the Red River. In fact, the two cities are commonly called Shreveport-Bossier by many residents in the area. The metro area of both has a population of about 400,000 and is considered the cultural and commercial center of Texas, Arkansas and Louisiana, as it’s the point where these three states meet. It’s this mixture of Texan and Cajun, cowboy and Creole that really makes the culture a unique blend in this northwest section of the state, which may be something that’s very attractive to you if you’re considering purchasing Shreveport real estate.
Something else is going on in Louisiana that may surprise you. It’s called the Hollywood of the South, and ranks behind only California and New York in the film industry. This influx of star power and business is due to attractive tax incentives offered by the Louisiana government — and they’re working. The main engines in the state economy, however, are the health care industry and service industry. The latter includes tourism and spotlights gaming with popular attractions like riverboat casinos.
Although crime has had a definite presence in Shreveport, the latest press releases from the police indicate that in the past year, crime has dropped by some thirty percent across the board. In fact, the cities of Shreveport and Bossier have overcome a very hard couple of decades when the oil industry pulled out in the early 1980s. The area experienced a major depression, from which is has fought hard to recover. As the health of the economy improves, related matters such as crime rates, follow suit. As a matter of fact, this may be the best time to get in on Shreveport real estate.