Many young "would-be" Gulf Shores homebuyers are finding themselves in a position that young Gulf Shores homebuyers haven't been in before. Statistics tell us there aren't as many young Gulf Shores homebuyers as there used to be. Thirty-six percent of American homeowners are 35 and younger, the lowest on record since 1982, when the census's […]
FHFA Mortgage Mistakes Coming Again?
In October, Fred Watt, the director of the FHFA, announced that he plans to allow 3% down payment mortgages for the many financial institutions that Fannie and Freddie guarantee. He states that his intention is to include more minorities and people who had their savings wiped out by the Great Recession re-enter the housing market. […]
Gulf Shores Housing Predicted to Strengthen Next Year
Gulf Shores housing is expected to strengthen along with the economy in 2015, according to Freddie Mac's U.S. Economic and Housing Market Outlook for November. Frank Nothaft, Freddie Mac's chief economist, said recently that “the good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in […]
Gulf Shores Home Sales Continue Strong Uptick
More people closed on a Gulf Shores home or condo last month, with sales of existing Gulf Shores homes rising to the highest level since September 2013. Gulf Shores Home Sales Mirror National Numbers The same trend that Gulf Shores home sales are seeing holds true across most of the rest of the country as […]
Save Money Next April by Acting Now
With the holidays upon us, you're probably thinking about gifts and relatives. But that's not all you should be thinking about. Take 30 minutes now to plan for next April, and that half hour could save money ($1000 or more) come tax time. Here's how… . Get more tips, news and articles about taxes by […]
Gulf Shores Real Estate News – December 2014
In our Gulf Shores Real Estate News for December 2014: Gulf Shores Lease Purchase Full of Pittfalls In a Gulf Shores lease purchase, in most cases, you will rent at a higher cost than the going market rate. Prior to moving in, you agree on a potential purchase date and purchase price for the home. […]
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