It's no surprise that things have been looking up for the Gulf Shores housing market for several months now. But solid statistics now show that people are just as optimistic about mortgage rates as they are the Gulf Shores housing market. An analysis of Fannie Mae's monthly telephone survey of just over 1,000 homeowners and […]
Foreclosed Gulf Shores Home Buyers Want Back In
Many previously foreclosed Gulf Shores home buyers are now wanting back in to the home market. In what economists call "The Boomerang Buyers", many who lost their homes to foreclosure are now wanting to buy again. With more and more people who previously lost their home to foreclosure getting back in to an already crowded […]
Gulf Shores Housing Market Roaring Back
There’s strong evidence that the Gulf Shores housing market is roaring back. Homes are selling faster than they have in over 3 years, and this trend seems to be breaking out all over the country. ABC’s Diane Sawyer has the story… Are there any other special features you’re looking for in a home other than […]
Gulf Shores Home Values Seen Outpacing the Boom
Experts and economists agree, Gulf Shores home values are expected to end 2013 up an average of 4.6 percent, and rise cumulatively by 22 percent over the next 5 years. These percentage increases come from a nationwide panel of economists, real estate experts and market professionals in every market, not just the Gulf Shores market. […]
Gulf Shores Housing Turnaround to Grow More Jobs
The turnaround in the Gulf Shores housing market is spurring job growth, and expected to double the number of construction related jobs this year… With job growth comes even more positive economic news in the Gulf Shores housing industry, as interest rates to buy all those new homes has remained low, relative to a few […]
Pending Gulf Shores Home Sales Signal Market Growth
Pending Gulf Shores home sales for January rose, as did all areas of the country. According to the National Association of Realtors’ Pending Home Sales Index, pending sales increased 4.5 percent to 105.9 from December figures. The numbers are also 9.5 percent above January 2012. With home prices on the rise, The Federal Savings Bank […]
Housing Starts Jump in December
The U.S. Department of Commercer reports construction on new U.S. homes jumped in December to the highest rate in more than four years, with gains across the country, as well as in single-family homes and buildings. In the fresh data signaling a strengthening housing market, starts rose 12.1% in December to a seasonally adjusted annual […]
Gulf Shores Real Estate Recap for 2012
Gulf Shores real estate finally saw a turnaround in 2012. The good news is for home buyers and investors. If you’re considering buying Gulf Shores real estate to live in or use as an investment, 2013 is shaping up to be another terrific year. A Look Back at Gulf Shores Real Estate in 2012 –>Roughly […]
Mortgage Interest Deduction Escapes Ax For Now
The housing market and the housing industry have escaped the ax on several fronts now that lawmakers have at least partially resolved Washington’s “fiscal cliff” budget fiasco. A bill passed by Congress to pull the nation back from the brink of end-of-year tax hikes and spending cuts contains several provisions that are favorable to housing. […]
Where Gulf Shores Home Prices Are Headed in 2013
Gulf Shores home prices are expected to rise a modest one to two percent in 2013 from the fourth quarter of 2012. Gains in some areas of Gulf Shores will be stronger than others, but overall, Gulf Shores home prices have finally turned the corner, and we see no reason to be fearful of further […]
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