The apparent end to the Gulf Shores foreclosure crisis and the foreclosure crisis nationwide seems to be in sight. Today, less than half the number of homes are in or facing foreclosure as those facing the same fate in 2010 when the Gulf Shores foreclosure crisis was at its peak.
While foreclosures are going down, Gulf Shores housing prices are on the rise and slowly recovering. So what’s suddenly causing the drop in foreclosures? The secret… short sales. The video explains it all…
A good time to buy if everything is in place for you? Sound like sound advice?
Want more tips on mortgages and homebuying? Head over to our Gulf Shores Mortgage Info Category under the Gulf Shores Real Estate Categories to your right for more tips and advice.