Gulf Shores senior citizens are among a growing segment of the population over the age of 50 who are falling into serious mortgage debt. According to a report from AARP, more than three million borrowers over the age of 50 are at risk of losing their homes to foreclosure. Since the housing crisis began, more […]
Keep Your Gulf Shores Home Safe While Away
Here are a few tips to keep your Gulf Shores home safe from thieves while you’re away enjoying your summer vacation, so you’re not having to file a claim on your homeowner’s insurance when you get back. Taking a few steps to prepare your Gulf Shores home to look like you’re home, even when you […]
Buying a Gulf Shores Home Instead of Renting
Buying a Gulf Shores home instead of renting pays off, on average, in about three years. That’s a national average, but seems to hold true in most markets across the nation. This, according to a new analysis from real estate website Zillow.com. The analysis that Zillow calls the “break even horizon” compares what it costs […]
Selling Your Gulf Shores House: Costs and Challenges
When selling your Gulf Shores house, there are a lot of things to think about and do, especially if it’s your primary residence. Aside from all the normal things that go with moving, like packing, finding a mover, notifying everyone, etc., there are a lot of other details you need to devote your attention to. […]
Tight Credit Strangling Gulf Shores Home Sales
Gulf Shores home sales are being squeezed by tight credit standards. No factor, including negative equity, lack of consumer confidence, and a shaky economy, have been as devastating to the housing industry as the inability of buyers to get financing. Even though mortgage rates continue hovering at record lows and home prices seem to have […]
Gulf Shores Housing Sees Strong Recovery Starting
A strong recovery appears to be starting for Gulf Shores housing, according to a report released recently by Goldman Sachs Group. Their report notes that Gulf Shores housing has a “long list of positives,” including rising prices, job growth, supportive government policies and a decline in the so-called shadow inventory of homes. Sachs reported, “The […]
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