More Americans signed contracts to purchase homes in May, as pending home sales climbed to their highest level in more than nine years. The National Association of Realtors reports that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month. The index has increased 10.4 percent over the past 12 months, […]
Gulf Shores Homeowners Insurance Rates Vary
Most people know and understand that you can lower the monthly premium on your Gulf Shores homeowners insurance by raising your deductible. But whether it makes sense to do so can vary. The deductible is the amount of a loss you must cover out of pocket. The deductible for a Gulf Shores homeowners insurance policy typically […]
Rent Trap Stopping First Time Gulf Shores Homebuyers
First time Gulf Shores homebuyers are in a trap they can't seem to get out of, and it's called a "Rent Trap." Everyone has pretty much come to the conclusion that interest rates won't stay low much longer, and home prices continue to rise. New three percent down programs from Fannie and Freddie sweeten the […]
Gulf Shores Real Estate News – July 2015
In our Gulf Shores Real Estate News for July 2015: American Dream: Not What It Used to Be Owning a home is no longer the American dream it once was. The lingering effects of the Great Recession and housing bust have altered Gulf Shores homeownership – a change likely to ripple through the Gulf Shores housing […]
Another Gulf Shores Housing Bubble Brewing?
A recent S&P/Case-Shiller Home Price Index was the latest report to show a relentless rise in housing prices, causing some economists to ask: Is another Gulf Shores housing bubble forming? Economists point to several reasons why this isn’t a concern, namely that while prices keep rising, the rate of growth has slowed. In the first […]
Gulf Shores Home Prices Return to Sanity
Ten years ago, Gulf Shores home prices were unquestionably too hot. As few as four years ago they were too cold. Now, it would seem as if Gulf Shores home prices have returned to some form of sanity when compared with incomes, rents and other fundamentals, while rising at lower single digit rates. Gulf Shores […]
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