This week's "Slap in the Face" Award goes to our devoted public servants in Washington, who've decided the Gulf Shores housing market isn't moving fast enough. To correct this, they're lowering lending requirements, and some mortgages will not require a down payment… again. Really? We mean, REALLY? . The Gulf Shores housing market, or any […]
Existing Gulf Shores Home Sales Hit One Year High
Previously owned Gulf Shores home sales climbed in September to the highest level in a year, pointing to growing confidence in the U.S. economy as employment firms. Nationwide, purchases advanced 2.4 percent to a 5.17 million annual rate. Demand was up 1.9 percent compared with the same month last year before adjusting for seasonal patterns. […]
Gulf Shores Home Prices Rise in August
Gulf Shores home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for potential buyers. Real estate data provider CoreLogic said recently that Gulf Shores home prices rose 6.4 percent in August compared with a year ago. That marks a decline from an annual gain of 6.8 […]
Gulf Shores New Home Sales Hit 6 Year High
After falling for two consecutive months, Gulf Shores new home sales jumped 18 percent in August to the highest level since 2008. The jump in Gulf Shores new home sales for August comes during the same month when housing construction slumped. Housing starts fell 14.4 percent in August, the biggest one-month drop in more than […]
Surge in Gulf Shores Home Sales Predicted
An unusual surge in Gulf Shores home sales is predicted this fall due to a slowdown in home price growth and a shift in pricing power from sellers to one that more closely aligns with buyers' expectations. Home buyers who have been willing to wait for better deals are starting to be rewarded for their […]
Gulf Shores Home Warranties: Why To Avoid Them
We've featured articles here on our site in the past about the pro's and con's of getting Gulf Shores home warranties. But just recently, Consumer Reports released an article discussing why you should avoid Gulf Shores home warranties, since even the best ones typically aren't worth the cost, and they advise putting your money in […]
Gulf Shores New Home Sales Down Again in July
Gulf Shores new home sales fell for a second straight month in July, but a surge in the stock of properties on the market and a moderation in price increases should help to stimulate demand in the months ahead. Other data released recently showed activity in the vast services sectors slowed again in August. The […]
Growth of Gulf Shores Home Prices Slows for July 2014
The growth of Gulf Shores home prices, both the quarter-over-quarter and year-over-year, are lower than they were 12 months ago, but wages are not keeping up. This word according to data released from Trulia for July 2014. The month-over-month increase in asking Gulf Shores home prices of 0.8% was in line with the average monthly […]
Gulf Shores Housing Expected to Soar in 2015
With so many economists and analysts trying to spell gloom and doom for the future of Gulf Shores housing, Altos Research is saying otherwise. Altos is saying that housing recovery critics are wrong about Gulf Shores housing. According to Altos, it's going to soar in 2015. "While we see signs of demand easing, we are […]
Housing Starts and Permits Decline in June
Housing starts and building permits in the U.S. unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track after stalling in late 2013. The Commerce Department reports groundbreaking declined 9.3 percent to a seasonally adjusted annual 893,000 million unit-pace, the lowest since September. For more Gulf Shores real estate […]
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