The Gulf Shores housing market is finally showing signs of recovery, in large part because young adults are finding jobs, but some obstacles persist. Even with talk of the job market turning around, there are still over 9 million people unemployed. This leads to more young adults either struggling to find jobs, or taking part-time jobs with less pay. Either situation makes it much harder to save up for buying homes in the Gulf Shores housing market. Mike Aubrey, host of the HGTV show “Power Broker” joined “CBS This Morning" recently to explain more…
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The job market does continue to show signs of recovering and, hopefully, millennials will find more opportunities for buying homes and boosting the Gulf Shores housing market.
Until it does, millennials who have goals of homeownership, should try and save whatever money they can. It's important for them to start building up credit by paying off loans and being on time with payments. Even if millennials continue to live at home for a while, this is a step in the right direction, and will help them be able to eventually buy homes.
Don't forget, we post daily tips on Facebook and Twitter. Often times our posts there are about the Gulf Shores housing market, as well as news that affects the real estate market in general. Be sure to check us out there.
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