Gulf Shores housing and the 2012 election appear to be on a crash course, and we believe each candidate must address housing in order to be elected. We’re curious to know what you think. Real estate media company, Trulia.com has combined their “Housing Misery Index” which combines price declines and the delinquency (plus foreclosures) rate […]
More Signs of a Gulf Shores Housing Rebound
A Gulf Shores housing rebound appears to be fully underway. There was a significant increase in both housing starts and building permits locally last month, as well as nationwide. On a national level, housing starts rose 6.9% in June to a 760,000 annual rate, the highest level in four years. That’s up an impressive 23.6% […]
Gulf Shores Housing: 2013 To Bring More Clarity
Gulf Shores housing, although improving, will certainly see more clarity as we move through the summer and fall buying seasons and into 2013. If you’re even remotely considering buying a Gulf Shores home, or a home in any of the many areas we serve, contact us right away before home prices increase even more, and […]
Gulf Shores Power Outage: Are You Prepared?
A Gulf Shores power outage is probably inevitable at some point. Are you prepared? Over 4 million Americans lost power when violent storms rolled across the mid-Atlantic region on June 29th, knocking down trees and power lines. Power officials worry that the increasingly violent storms may continue to knock down trees and power lines in […]
Is Buying a Gulf Shores Home Cheaper Than Renting?
Is buying a Gulf Shores area home cheaper than renting? Since 1973, renting a home has been cheaper than buying according to a Harvard Joint Center for Housing Studies “2012 State of the Nation’s Housing” Report. But since 2008, these statistics have changed drastically. In 2008, buying a Gulf Shores area home fell below renting, […]
Gulf Shores Housing Inventory Down
Gulf Shores housing is down, as is much of the nation. According to deptofnumbers.com for 54 metro areas, inventory is down 24.2% compared to the same week a year ago. Unfortunately, these stats have only been kept since April 2006. The graph below shows the NAR estimate of existing home inventory through May and the […]
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