How’s The Market? – June 2023 Edition

How's the market? Clint C. Galliano, REALTOR® 985.647.4479; Keller Williams Realty Bayou Partners 985.262.4400

“How is the market?” you ask? It’s doing great!

This information covers the Houma. The numbers are compiled from sales and listings in the month of June, 2023.


The Houma market is moving towards equilibrium, otherwise known as a balanced market. Figure: 1 shows that we are still in a Seller’s Market but moving towards a balanced market.

Figure: 1

There are 4.88 months of inventory on the market for sale, up 17.59% over May, 2023. This means that more homes are being listed for sale and are available to be purchased.

The List to Sold Price Ratio is at 97.1%, meaning that the average price properties are closing at is 97.1% of the original list price. Stated in other words, the sale price is averaging about 2.9% below the list price.

The Median Days value is the value at the midpoint of the number of days properties are on the market. For June, that was 17. That means some sold quicker and some took longer to sell.

The Median Sold Price was $230,000. That value is up 4.93% month over month, indicating that prices are still rising. This is supported by Figure: 2.

Figure: 2

Figure: 2 shows Median Estimated Value of homes. This is based on the source’s (Realtor’s Property Resource) valuation models. The chart compares Houma to Terrebonne Parish, Louisiana, and the whole USA.

June’s Median Estimated Value is $220,860, up 0.4% month over month. This is also up 8.8% over the last twelve months.

Interesting Observations: Houma & Terrebonne Parish data track almost in lock-step due to Houma making up the majority of Terrebonne Parish’s data. Both tend to track with a similar trend as the whole state, but Houma is slightly more affordable.

The other thing I’d like to point out here is how the Houma Market is not as volatile as the whole US Market. US Values peaked in July/August of 2022 then dropped, in addition to being way higher than both Louisiana and Houma Median Home Values.

My interpretation of this information is that we don’t see the price shocks some parts of the country have been experiencing recently. We do have some changes, but nowhere near as wild as the east & west coasts or major markets.

So, if you are interested in buying a home, there are deals to be had as more inventory comes on the market.

If you are considering selling, there is still time to harvest your equity and get top dollar for your home.

Give me a call, shoot me a text, or send me an email if you’d like discuss any of this.

Clint C. Galliano, REALTOR®
Licensed by the Louisiana Real Estate Commission
Keller Williams Realty Bayou Partners
307 Bayou Gardens Blvd
Houma, La 70364
Each Office is Independently Owned & Operated

Personal – A Celebration Being Laid Off

Let's Celebrate two years of Clint being laid off from his 28 year oil & gas career!
04-May-2022 makes two years of being laid off!

I am crappy at posting new stuff here, lately. Been really busy learning marketing for my real estate business. It’s something I’ll never master, but I keep working on it.

I woke up yesterday and my wife reminded me that it was two years ago that I was laid off from Big Red, the Big H, the place where I spent twenty-eight years of my life working first with Baroid under Dresser, then, from 1998 to 2020, with Baroid under Halliburton.

I initially started working as a longshoreman at the Baroid dock in Fourchon, progressed to offshore engineering, got tired of the “offshore life”, and created a position for myself in the office. It’s kind of funny…I just started doing it, then they created the position for me. Then a year of slow down / bad times where I had to work offshore again, but when I came back, it was into a role to figure out how to monetize a piece of software. That turned into creating a whole new service offering for the company, allowing me to travel to places around the world that I would never have dreamed possible, (Aberdeen, Scotland was my favorite, with Calgary, Alberta & Quito, Ecuador tied for second), and meet people of many nationalities, who have become friends.

I rubbed elbows with dock workers and CEOs, had meetings with movers and shakers, and collaborated with some of the brightest minds in the world on problems, projects, and inventions.

These were the things that invigorated me. But…

(Seems like there is always a but…), I had gotten bored. I fought to promote automation and optimization as a profit center only to have it used as a loss leader to make sure that some other service that wasn’t able to sell a lot of jobs would be added to a project. It wasn’t fun anymore.

If you are thinking about selling your home and would like to get a valuation estimate, click here to request a Complimentary Home Valuation Estimate.

My regional position was eliminated because regional management decided that they “…weren’t going to do that anymore.” This was discussed here. Because the Baroid regional manager did not want to lose me from the company, he asked Baroid management if there was another position they could offer me because he felt that it would be a good idea to keep me with the company. They found one, but it was a demotion. Working a fourteen day rotational job with thirteen hour shifts in Houston. I was given a choice between being laid off with a severance package or the position in Houston. I took Houston and regretted it.

Then the Covid lockdowns came. I began working from home, dreading the phone call telling me to return to Houston.

Next thing I know, I have a conference call scheduled with my manager and when I get on the call he introduces an HR person…”Due to market conditions and Covid…”.

I was sooooooo relieved! I got a decent severance package, plus, since it was only 04-May, almost sixty days of Insurance coverage.

So, this is why I celebrate 04 May. I think I will be referring to it as “Liberation Day” going forward.

Remember, if you have a real estate need, whether buying or selling, give me a call or shoot me an email. It doesn’t matter if you are outside of my area, I can connect you with a Rockstar Real Estate Agent!

Clint C. Galliano, REALTOR® 985.647.4479

Clint C. Galliano, a native of Lafourche Parish, has lived in the Houma-Thibodaux area for over 36 years and is currently a REALTOR® with Keller Williams Realty Bayou Partners in Houma, La. He has been involved with real estate investing since 2017 and hosts the local Real Estate Investment Association. Real Estate is his passion. Clint previously worked in drilling fluids and drilling fluids automation for 28 years. He lives in Bayou Blue with his wife and two daughters.

Personal – Top 10 Sales for Jan-2022

Congratulation to the agents who made the Top 10 for sales volume at our brokerage!

This is two months in a row that I am in this group. I am deeply honored to be here.

This is an amazing place to work and I really love the family atmosphere of the KW Bayou Partners Brokerage. It is so different than my previous career that I am constantly having to pinch myself to make sure I am not dreaming.

If you are thinking about a career in real estate, let’s talk.

Remember, if you have a real estate need, whether buying or selling, give me a call or shoot me an email. It doesn’t matter if you are outside of my area, I can connect you with a Rockstar Real Estate Agent!

Clint C. Galliano, REALTOR® 985.647.4479

Clint C. Galliano, a native of Lafourche Parish, has lived in the Houma-Thibodaux area for over 36 years and is currently a REALTOR® with Keller Williams Realty Bayou Partners in Houma, La. He has been involved with real estate investing since 2017 and hosts the local Real Estate Investment Association. Real Estate is his passion. Clint previously worked in drilling fluids and drilling fluids automation for 28 years. He lives in Bayou Blue with his wife and two daughters.

Personal – I Passed!

As I have stated in previous articles, since leaving the oilfield I intended to move more into real estate. Part of working towards that goal is to become a real estate agent.

I began attending an online Louisiana Real Estate Salesperson course and successfully completed it over the course of a month while taking a week vacation during the same time period.

I have now completed the next step required to become an agent by passing the state and national portions of the exam.

I will begin onboarding next week with a local office of a national franchise.

That’s all for now. I just wanted to let everyone know about my progress.

Personal Improvement – ‘New Year, Totally New You’ May Not Be The Most Successful Approach


Another new year!

One of the first trends I noticed for the new year were sarcastic memes about “New Year, New You”…it made me think about why these are popular.

This week we are going to discuss making changes for the new year. Comparing and contrasting the typical approach with what is more likely to be a more successful approach to making changes.



A Totally New You for the New Year!

You realize there are things you don’t like in your life. You decide to change them. These thoughts usually seem to occur at the end of one year or the beginning of the next, hence the popularity of New Year’s Resolutions.

The common approach is to decide to change everything at once. This, in turn, sets you up for failure. Because the volume of things to change is large, it can be hard to figure out where to start in addition to being perceived, mentally, as a tedious task. Because of this, we tend to have little follow-through on these resolutions and end up abandoning them early on due to little demonstrable success.

These are some of the reasons why most people don’t keep up with their New Year’s Resolutions.

I once joined the gym, went on a diet, and decided I was going to get up at 06:00 every morning. This was many years ago…back when I was single. I went to the gym once, then never went back because I felt that if I didn’t get up early to go to the gym, there was no point in going. The diet didn’t even last that long. It was too much for me at the time.

There is a way to be successful at it and achieve your goals.

An additional thought on Resolutions – Many political bodies make resolutions all the time. Most are ignored. And we wonder why we have trouble keeping New Year’s Resolutions! Instead, choose Goals. Goals are attainable. #CandyForYourSubconcious


The Incremental Approach

The end of the year is a good time to take stock of your life, but you don’t have to wait until then to decide on changes. You can decide on changes at any point. To paraphrase sage advice “The best time to change was in the past. The second-best time to change is NOW!”

The key to making successful changes is to make them incrementally. You don’t start out an exercise program by running 10 miles, doing 500 push-ups, and 20 suicide sets. Start with a small immediate goal. Get that to become routine, then expand it.


By making incremental changes and incorporating them into your routine, they become habit. By becoming habit, they are more likely to turn into permanent changes.


So, instead of joining the gym, going on a diet, and quitting smoking, in addition to taking karate, yoga, and crossfit classes, try one at a time. Build it into your routine. Let it become habit. THEN tackle the next goal.

New Year’s Goals

My New Year’s Goals are as follows:

Spend less time commuting – Since 2012, I commuted from Houma, La. To Lafayette, La. Roughly about a 215 mile roundtrip commute. At the end of last year, I proposed that I start working at the company facility in Houma. My supervisor and his supervisor both approved, so that goal is more or less accomplished.

Spend more time with my family – This will be facilitated by having eliminated my commute.

Do more exercise – Now that I have eliminated the commute, I joined the local Planet Fitness so I can get more exercise.

Find my “New Normal” – With all the changes to my health near the end of last year, I have not adjusted my “drive” to match my “bandwidth”. I am still trying get the medications adjusted and wrap my head around my limitations.

What are your Goals for this year?


And, as always, let me know what you think in the comments. Ask questions, tell your story.


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Hello 2019!: A 2018 Review

Good Bye 2018, Hello 2019! Happy New Year!  This more or less marks the first-year anniversary of this blog. We’ve covered a lot of territory between Automation, Personal & Business Finance, Real Estate Investing, & switching blog platforms and are looking forward to covering more, in addition to revisiting some topics from the past. And by “We”, I mean you, the readers, in addition to myself.

I’ll start off with a quick recap of the past year:

Combined Blog Stats

50 blog posts

8457 page views

2468 viewers


Combined Post Popularity



Top Traffic Sources



Search Engines















I’m looking forward to getting back into the swing of things in 2019 and welcome suggestions for topics you would like to hear about. You can comment here or email me at


And, as always, let me know what you think in the comments. Ask questions, tell your story.


If you like my posts, please share them with others and subscribe to this blog.

REI – Acquisition of Rental #3

This post is just a short update on REI. We had a deal drop in our lap.


The Deal

We were not specifically looking to buy another property immediately. As detailed in a previous post, we were working on a deal earlier in the year, but it did not work out.


A member of the local REIA, who is also a realtor, has been looking out for properties I might be interested in. I had given her the specifics: three-bedroom, two-bath home on a slab foundation, preferably brick façade, in Thibodaux, in a decent neighborhood.

She had showed a couple of homes that were close, but not quite right for us, in addition to a mobile home park that was just too much for us to take on. (This was just prior to my surgery)

She contacted us with a property that fit our description exactly and told us the listing price, $144,500, and to make an offer. She indicated that the sellers were motivated. I looked it over and saw that we would be looking at a similar ROI to the property we bought last year with an offer of approximately $111,300. I did not think that the owners would accept that and they didn’t. They countered with $125,000 and we countered back with $112,451 cash sale with an end of month closing as a best offer. This would give us a ROI of just under 7%, based on a conservative analysis.

We fully expected things to end there. The sellers asked for the weekend to think about the offer, so we agreed.

On Monday, they accepted the offer (to our surprise) and we began the inspection period.

We set the closing date for the first Friday in December, as this was the soonest that the real estate attorney could complete the paperwork.


During the due diligence period, we determined that the only things needed were to change the locks, change an over-sized circuit breaker, and some minor cosmetic work.


Updated: We now have it listed for rent and are taking applications. The property was rented for January.


And, as always, let me know what you think in the comments. Ask questions, tell your story.


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Automation – Data Frequency: How “Real Time” Is Real Time?

Happy Finter from South Louisiana! Fall started to show up, but winter was riding shotgun! We went from highs of 81 degrees F / 27.22 degrees C to 45 degrees F / 7.22 degrees C AND clouds and rain. Christmas light show can wait a few more days to get set up.

Today we are going to go over Data Frequency and how it relates to aspects of drilling automation. How often we receive a data point for a given channel or curve.


Variations on Real Time


Ask someone what their definition of real time is and depending on their particular needs, you will get different answers. Some people feel that getting mud report data as checks are made is real time enough to keep them informed.

Others feel that getting a WITSML 1.3.x, (Wellsite Information Transfer Standard Markup Language), data feed that updates every ten to thirty seconds will be just fine.

Then there are others who are used to seeing the rig default of data coming in every 5 seconds and that is great!

Finally, there are those who opine for sub-second data frequencies to ensure valid tracking of rig component movement and calculations.

Depending on your particular needs, any of these might be valid. For a comprehensive approach, the platform should take into account the needs and requirements for the types of data being captured. It should be able to accommodate sensors or inputs that generate anything from one data point per day down to many data points per second.


(Just as an aside, I really like the way WITSML 2.x and ETP are shaping up for real time data)

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Data Frequency

The type of data should drive the frequency of data capture, in addition to what the usage of the data will be.

Some data doesn’t change very fast, so it does not need to be updated very frequently.

Things like wellbore and drill string geometry, fluid properties, and positioning data do not need to be updated every second or few seconds. In the case of drilling fluids, Density updates every one to two minutes is a decent frequency, whereas the oil/water ratio does not need to be updated as frequently.

Other data is constantly changing and depending the particular sensor, could indeed warrant the need for sub-second frequency data.


A good example for that need would be block position, which is used to calculate running speed or pipe acceleration. This is, in turn, utilized to calculate tripping hydraulics in real time.

The benefit of having the ability to do this based on sub-second data allows for simulating the micro-movement of pipe in tight window scenarios…too much down hole pressure, the formation breaks down, causing fluid losses and too little down hole pressure, the formation fluids/gases come into the wellbore, thus inducing a kick.


Logical Assumptions & Why It Matters


Not all data needs to be updated at a high frequency. As indicated in the above section, data frequency depends on how often the data changes. The higher the change rate, the higher the data frequency needs to be.

The main reasoning behind this idea is that you may miss significant changes in the data if your sampling frequency is too slow.

Below is an exaggerated example of missing changes to pipe acceleration (or Running Speed) due to sampling frequency. The data is fabricated, for illustrative purposes.




In the image above, the running speed is a straight thirty feet per minute, with a data frequency of one data point per second. Everything appears smooth, with no issues.




In this image, I’ve added sub-second data to show that the smooth, steady running speed was actually not very smooth, it just appears that way due to when the data points were captured.


Because this data is not captured, it is not thought to have occurred. But if you don’t have visibility of it, you can’t know it is there.


The examples above are made up & exaggerated to prove the point. I have seen this play out over different data points in the drilling arena.

When we were first attempting to develop the Applied Fluids Optimization service, our original software would calculate tripping hydraulics at a one second frequency, but would only capture the data at a thirty second frequency. Running speed spikes would lead the software to calculate and display large pressure variations. When we would try to show these excursions after the fact, we could not because the thirty second frequency did not coincide with the actual deviations.

One more fluids-related example: Fluid density on a land rig. Land rigs are an exercise in economy, from an offshore drilling perspective. The rig crews are smaller, so there are less people to do a set number of jobs. The mud pits are smaller, contributing to the total circulating system being smaller. Because of this, it allows for less significant events to impact the fluid properties. The derrick hand is busy? He can’t dust up the density. The shaker hand is up on the floor making a connection? He didn’t adjust the flow on the shakers. Small system, less attention, more chance for changes.

The mud engineer, (person responsible for keeping the drilling fluid running within specifications), should be running four mud checks a day. So, we should see, at minimum, four density measurements…one every six hours. When we were conducting field testing on the DRU, we noticed that we had lots of variation and excursions in the density reading from the DRU where the mud engineer’s data showed fairly smooth trends. When we overlaid the two data sets, the mud engineer’s data matched almost exactly with the DRU readings, just that it missed the excursions.



  • More frequent data helps you to better understand what is going on
  • Depending on the environment, a data curve may need a higher frequency
  • Some data does not need to be high frequency
  • Choose your data focus wisely


And, as always, let me know what you think in the comments. Ask questions, tell your story.

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Business – Optimizing A Process – Order of Operations Related to Surgery:

This week I am touching on the topic of process optimization. This is another topic that came a conversation between and myself when comparing thyroidectomy procedure results and side effects. He was diagnosed with thyroid cancer and had surgery a couple of months prior to my diagnosis.


We compared notes on what was similar and what was different between the two.

(Caveat: There may be some factors that we are not aware of, specific to each of us as individuals, that could have influenced decisions made.)


We both had thyroidectomies. Surgery, an overnight stay. A vacuum bulb to drain the incision area. Released the next morning. Then wait to determine if further treatment is necessary to ensure the eradication of cancer. In Kevin’s case, he needed further treatment, in my case, it is too soon to tell.

The doctors started Kevin on hormone replacement therapy almost immediately after surgery, then had to wait for levels to drop to begin the secondary treatment. I am still not on any replacement hormones until they determine if I need the radioactive iodine ablation, thus shortening the cycle time to start. Since the hormones appear to last about 6 weeks, I am good for a while with no replacements and won’t have to wait for levels to deplete if I do need the RAI.

The way my surgeon planned things seems to be the more efficient way to do things. This got me thinking about how an optimized process for business is cheaper and more efficient than just randomly doing things in a haphazard manner.


I do this in my real estate investing. When rehabbing a property, I evaluate what needs to be done & plan the order of operations so that there won’t have to be re-work because something had to be undone to do something else.


You can look at your business processes and optimize them for efficiency by ensuring the order of operations for each step does not additionally delay some other step.


You can think of it like the sandwich-making analogy I used here…if your current process calls for you to put the peanut butter on the plate, then add the bread, then the jelly or jam, you can optimize it by changing the order of operations to bread, peanut butter, jelly, then another slice of bread.


What inefficient processes have you identified in your business or workplace? How did you change them?


And, as always, let me know what you think in the comments. Ask questions, tell your story.


If you like my posts, please share them with others and subscribe to this blog.

Personal Improvement-Why a “Why Me?” Attitude Doesn’t Help

Apologies for the sporadic posting. I kind of have a little more than usual to deal with. A few weeks ago I was diagnosed with thyroid cancer. And I go under the knife tomorrow morning to have it removed. It was caught very early and the outlook is very good. I busied myself getting work, home, and other segments of my life prepared to weather my hopefully short recovery.

Because I have this going on in my life, I decided to take the opportunity to go over handling bad news or adverse situations.

“Still Life With A Skull” By Philippe de Champaigne – Web Gallery of Art:   Image  Info about artwork, Public Domain,

Why ME?

What is the first thought that comes to mind when something bad happens to you?

Do you immediately think “Why ME?” Do you look for reasons, actions, or people external to yourself to place the blame for the bad news?


I used to. My first thought would be “Why do I have such bad luck?” or “What did I do to deserve this?”

I eventually realized that no matter how much I worried or wondered or looked for blame, it did not better the situation.


Why “Why ME?” Doesn’t Work

The only thing to come out of it was that I added anxiety and stress on myself. This is not good for a  person mentally or physically.

I think part of my realization of this was when I was about eleven or twelve years old. My parents were divorced and my father would arrange to take us for the weekend. Then he would not show up. After many times of packing a bag for the weekend, waiting all weekend for my dad to show up, then, on Sunday night, unpacking the bag because Dad never showed up or called, I finally realized that there was nothing I could do about it, so there was no point in making myself sick worrying about it.


I was a much happier person once I gave up worrying if he was going to show up or not. I reasoned, to myself, “He is still my dad. I will still love him. But I won’t trust or rely on him to make me happy.”

This approach of not allowing worry or anxiety to add stress to your life is very similar to the Serenity Prayer.

My take on the Serenity Prayer is:

Change the things you can

Don’t worry about the things you can’t



Memento Mori

Another way to approach this is as Stoics do…remind yourself daily of your mortality. There are variations on how to do it, but most involve asking yourself if any of what is bothering you will matter when you are dead.

It also helps to keep ego out of any decisions.


Tying back into what I currently have going on, I can’t influence the outcome of this surgery. The “after” will be only slightly different from my current lifestyle. A few more pills added to my daily regimen, the same doctor overseeing my diabetic care will also oversee my thyroid care (he is a top endocrinologist).

I am lucky because I only have thyroid cancer. It is slow-growing, does not spread like other cancers, and we found it very early, by accident.  I currently have at least 5 friends that I can recall off of the top of my head who are dealing with various types of more serious cancers that could be/are life-threatening, in the near-term.


In summary, if you take anything away from this post, follow these rules for life:

Change the things you can

Don’t worry about the things you can’t


And, as always, let me know what you think in the comments. Ask questions, tell your story.

If you like my posts, please share them with others and subscribe to this blog.

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