The Gulf Shores home buying market offers a number of options. With sales of new construction last year surging to the highest level since 2007, single-family home production is projected to reach 840,000 units this year. That represents an increase of 18% over 2015, according to the National Association of Home Builders (NAHB). The challenge […]
Gulf Shores Real Estate: Avoiding Seller’s Remorse
The Gulf Shores real estate market is like that of other parts of the country. No doubt you’ve heard that home inventory is low and people choosing to sell are in the proverbial “catbird seat.” The basic economic principle of supply and demand is never more true than in a seller’s market – where supply is […]
Gulf Shores Mortgage Market: Even the Rich Have Poor Credit
The Gulf Shores mortgage market probably contains a number of borrowers and prospective borrowers who would be considered affluent. As such, one would assume people who have lots of money, large assets and high net worth would almost automatically qualify them for a jumbo mortgage. If you assumed that, you'd be wrong at least some of […]
Gulf Shores Home Improvement – Planning Ahead
The Gulf Shores home improvement market is dynamic. While mortgage interest rates have remained at comparatively low levels for the past few years, it's tempting to assume more people are buying new homes than are renovating or remodeling their existing homes. However, remember this: Because interest rates are so low, home equity loans and complete […]
Gulf Shores Homes for Sale: Buying a Flip
Gulf Shores homes for sale always include a certain number of properties that have been recently renovated. While there are often benefits in purchasing a home that's been remodeled or substantially improved, there are important distinctions that need to be considered. First and foremost is, a newly renovated home isn't the same product as a newly […]
Gulf Shores Home Inspections: Deal Breakers
Gulf Shores home inspections are an integral part of the real estate buying process. While inspections are not always required, most experts agree they are important. A thorough home inspection provides a home buyer with the peace of mind that there aren't major issues with the house they're considering buying. In some cases, an inspection […]
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