Gulf Shores senior citizens are among a growing segment of the population over the age of 50 who are falling into serious mortgage debt. According to a report from AARP, more than three million borrowers over the age of 50 are at risk of losing their homes to foreclosure. Since the housing crisis began, more […]
More Signs of a Gulf Shores Housing Rebound
A Gulf Shores housing rebound appears to be fully underway. There was a significant increase in both housing starts and building permits locally last month, as well as nationwide. On a national level, housing starts rose 6.9% in June to a 760,000 annual rate, the highest level in four years. That’s up an impressive 23.6% […]
Gulf Shores Housing: 2013 To Bring More Clarity
Gulf Shores housing, although improving, will certainly see more clarity as we move through the summer and fall buying seasons and into 2013. If you’re even remotely considering buying a Gulf Shores home, or a home in any of the many areas we serve, contact us right away before home prices increase even more, and […]
Is Buying a Gulf Shores Home Cheaper Than Renting?
Is buying a Gulf Shores area home cheaper than renting? Since 1973, renting a home has been cheaper than buying according to a Harvard Joint Center for Housing Studies “2012 State of the Nation’s Housing” Report. But since 2008, these statistics have changed drastically. In 2008, buying a Gulf Shores area home fell below renting, […]
Gulf Shores Apartment Rent Sticker Shock Gets Worse
Gulf Shores apartment rent prices became even more expensive during the second quarter. Vacancies set a new 10-year low and rents rose faster than since before the financial crisis began. Demand from tenants sitting out the home-buying market pushed vacancy rates to their lowest point in more than a decade. Despite the sluggish economy, average […]
Gulf Shores Housing Shortage a Real Threat
A Gulf Shores housing shortage, as well as a nationwide housing shortage, is a real threat. The housing market has gone through a series of events that include foreclosures, bad equity, bad loans and many more. One topic the real estate market is ignoring is home shortages. Gulf Shores Housing Shortage And Why It Is […]
Gulf Shores Home Buying: Looking Ahead
Gulf Shores home buying has never been more affordable than it is right now. However, there are factors looming that could change the face of home ownership in this country forever. The Joint Center for Housing Studies of Harvard University recently released their report, “The State of the Nation’s Housing 2012.” In that report, they […]
Buying Gulf Shores Foreclosures – Risks Involved
Buying Gulf Shores foreclosures has its risks as well as its rewards. Who wouldn’t think that homes going for 50 percent less than their value would be a great deal? Buying Gulf Shores foreclosures may seem like a once-in-a-lifetime opportunity, but buying these troubled properties can be a frustrating and time-consuming process. And when buying […]
Gulf Shores Foreclosures: How the Rich Get Richer
Gulf Shores foreclosures continue to be the main reason why it’s a tough time to sell. Fannie Mae is selling foreclosed Gulf Shores homes, but not to the general public. If you have questions about Gulf Shores foreclosures, or Gulf Shores homes for sale, please don’t hesitate to contact us or post them using our […]
Buying a Gulf Shores Home – New or Resale?
Buying a Gulf Shores home presents a major choice right off the bat. Buy a new home, or one that has been previously owned? You may want to consider the following factors when making a decision on this all-important question. Planning and Design Flexibility Buying a Gulf Shores home that hasn’t been built yet provides […]
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