Blog Posts - Gulf Shores Real Estate - Orange Beach Homes For Sale

Gulf Shores Apartment Rent Sticker Shock Gets Worse

July 15, 2012 by Malcolm Bond

Gulf Shores apartment rent prices became even more expensive during the second quarter. Vacancies set a new 10-year low and rents rose faster than since before the financial crisis began. Demand from tenants sitting out the home-buying market pushed vacancy rates to their lowest point in more than a decade. Despite the sluggish economy, average […]

Types of Gulf Shores Home Mortgages

July 13, 2012 by Malcolm Bond

Many types of Gulf Shores home mortgages — such as the “payment-option” loan — have disappeared in the wake of the housing bust. But homebuyers and homeowners who want to refinance still have several types of loans from which to choose. The most basic choices include: fixed-rate mortgages, adjustable- or variable-rate mortgages and hybrid mortgages […]

Gulf Shores Short Sales – Things To Watch For

July 11, 2012 by Malcolm Bond

Gulf Shores short sales are not as easy (or short) as most people might think. Even with reports that some lenders are trying to speed up the process, short sales can be very complex and only attempted by well-prepared buyers and sellers. Gulf Shores Short Sales – What Can Go Wrong? Gulf Shores short sales […]

Gulf Shores Housing Recovery Finally Gaining Steam

July 9, 2012 by Malcolm Bond

The Gulf Shores housing recovery seems to finally be gaining some steam. Standard & Poor’s Deputy Chief Economist Beth Ann Bovino notes that the Supreme Court decision on the Patient Protection and Affordable Care Act pretty much stole the show recently. As a result, housing news was almost an afterthought for markets. While the news […]

Gulf Shores Home Prices Up For Third Month

July 7, 2012 by Malcolm Bond

Gulf Shores home prices have edged up for the third month in a row, albeit ever so slightly. According to the Federal Housing Finance Agency’s (FHFA’s) monthly House Price Index (HPI), home prices rose 0.8 percent between March and April, on a seasonally adjusted basis. Previously, the FHFA had reported a 1.8 percent price increase […]

Gulf Shores Homebuyers – Know the FICO Rules

July 5, 2012 by Malcolm Bond

Gulf Shores homebuyers need to know the rules of credit reporting in this marketplace where lenders are demanding record-high FICO scores. Given the importance of maintaining high scores, we thought it would be helpful to go over the key rule concerning inquiries that affect Gulf Shores homebuyers, since Fannie Mae and Freddie Mac are now […]