While housing continues to make a steady recovery, the percentage of first-time Gulf Shores homebuyers remains very low. At only 32% of all home purchases, first-time buyer totals have fallen to the lowest level in almost thirty years. Why Gulf Shores Homebuyers Aren’t Buying Despite market conditions seemingly being favorable for first-time buyers, they simply aren’t […]
Gulf Shores Home Buyers Need Help From Family
During the recession of 2009, the number of Gulf Shores home buyers depending on down payment assistance from family members or friends tripled. It’s estimated that roughly 21% of homes were purchased by homeowners using a gift or a loan as their down payment. Let's look at why that need may still exist. Gulf Shores […]
A Good Time for Gulf Shores Home Buying
Gulf Shores home buying markets are always changing — just like the seasons of the year. Many people associate spring with a renewed, popular time to home shop. Fall is usually associated with a slower-paced real estate market for a variety of reasons. However, fall could very well be a great time for Gulf Shores […]
5 Gulf Shores Home Buying Fears
Whether it's the fear of the unknown or the fear of discovering a problem, some Gulf Shores home buying prospects are hesitant to enter the market. Sometimes the fears are justified, and when they are there are steps you can take to alleviate them. Facing Gulf Shores Home Buying Fears Head On Fear of a […]
Student Loan Debt Affects Gulf Shores Home Buying
The Gulf Shores home buying market has been impacted by many potential first-time home buyers wrestling with repaying student loans. A recent BankRate.com survey revealed that young adults who would otherwise be prospective home buyers shelved their home search until their student debt is either reduced significantly or paid entirely. To make matters worse, many […]
Welcome to the Gulf Shores Home Buying Market
Entering the Gulf Shores home buying market can be an interesting and rewarding opportunity. In order to fully understand the home buying process, it's important to spend some time doing research on the market. Here are a few points to consider as you prepare to embark on your house hunting safari. Gulf Shores Home Buying Tips […]
Gulf Shores Home Buying – To Rent or Buy?
If you've followed the latest Gulf Shores home buying trends, no doubt you've heard people say there's no better time to buy a home than now. With mortgage interest rates at very affordable levels, credit availability relatively high and down payment requirements low, it's a tempting combination for many renters thinking of entering the homeownership arena. […]
How Much Gulf Shores House Can You Afford?
Many Gulf Shores house hunters are entering the home market due, in part, to low interest rates. One of the most commonly asked questions of home buyers concerns how expensive a house they can afford. This video offers a little advice on how you can best determine the answer. Gulf Shores House Search: Remember These […]
Waiting to Buy a Gulf Shores Home Will Cost You
If you think waiting to buy a Gulf Shores home until rates or home prices go back down is the smart way to go, you may be waiting for a long time. With interest rates going up and home prices on the rise, you may think that it might not be the best time to […]
Buying a Gulf Shores Home: Waiting Could Cost You
The costs of delaying or forgoing buying a Gulf Shores home in today's market have become very high. This projection is according to the inaugural Opportunity Cost Report released by Realtor.com. With interest rates and home prices expected to rise within the next year, consumers could end up costing themselves more by putting off buying […]
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