Gulf Shores housing, after 6 years of downward pricing and sales, is finally on a firm path to recovery. Most economists agree that all the positive year-end trends from 2012 for the housing market will drift into 2013, becoming more entrenched as the economy picks up steam in the second half of the year. Why […]
7 Reasons To Buy a Gulf Shores Home in 2013
We can’t always predict the future. Okay, we can never predict the future, but one thing we do know is, 2013 is going to be another great year to buy a Gulf Shores home. Reasons You Should Buy a Gulf Shores Home in 2013 1 – Mortgage Rates Remain Near All-Time LowsJust a few short years ago, […]
Mortgage Interest Deduction Escapes Ax For Now
The housing market and the housing industry have escaped the ax on several fronts now that lawmakers have at least partially resolved Washington’s “fiscal cliff” budget fiasco. A bill passed by Congress to pull the nation back from the brink of end-of-year tax hikes and spending cuts contains several provisions that are favorable to housing. […]
Forgiven Gulf Shores Mortgage Debt Remains Untaxed for Another Year
With all the talk about the “Fiscal Cliff” approved by Congress at the 13th hour, little attention was given to a key part of the extension that prevents distressed Gulf Shores homeowners from being taxed on forgiven mortgage debt. The exception for “qualified principal residence indebtedness” was created by the Mortgage Debt Relief Act of 2007 […]
Gulf Shores Housing Market Report December 2012
As we start a new year, national and regional trends for housing are very positive. Gulf Shores housing, as well as housing throughout the entire 48 contiguous states were up in December. Stick with us throughout 2013 for all the latest Gulf Shores housing news. If you have a comment or question about any of […]
Where Gulf Shores Home Prices Are Headed in 2013
Gulf Shores home prices are expected to rise a modest one to two percent in 2013 from the fourth quarter of 2012. Gains in some areas of Gulf Shores will be stronger than others, but overall, Gulf Shores home prices have finally turned the corner, and we see no reason to be fearful of further […]
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