The Gulf Shores home ownership rate has dropped to 65 percent according to the US Census Bureau. This is after holding above 66 percent for the past three quarters. The last time the rate was this low, former President Bill Clinton was in office serving his second term. With the nationwide home ownership rate also […]
Gulf Shores Rental Property Rates Keep Climbing
Gulf Shores rental property rates were 4% higher in April than a year before, according to a report from Zillow. That's the fastest increase in two years, outpacing Gulf Shores home prices, according to the report. Gulf Shores rental property affordability is getting worse, and it doesn't look like it will be getting better anytime […]
Larger Gulf Shores Homes Are Back
According to recent data from the U.S. Census Bureau, larger Gulf Shores homes are making a comeback, and bigger than ever. After a few years of shrinkage in the aftermath of the Great Recession, the median square footage of newly built Gulf Shores homes last year tipped the scales at over 2,400 square feet. That's […]
Myths of Buying and Selling Gulf Shores Houses
There are several myths that have long circulated when it comes to buying and selling Gulf Shores houses. We decided to try and bust those myths in this article. What Everyone Misses When Buying and Selling Gulf Shores Houses The most important rule in real estate is location, location, location. Not true! The most important […]
Gulf Shores Home Sales and Prices Rising
Gulf Shores home sales continue to increase as more and more homes come on the market, a sign of strength in housing as the Spring home buying season swings into high gear. Gulf Shores home sales have been constrained by a shortage of properties on the market, which has pushed up home prices and limited […]
Gulf Shores Real Estate Trends to Watch
As the weather warms up, so does the Gulf Shores real estate market, and experts say this year's spring selling season is shaping up to be an active one. Beth Braverman with The Fiscal Times penned an article recently that points out the trends to watch in 2015, whether you're buying or selling. 2015 Gulf […]
New Roadblocks Could Affect Gulf Shores Housing Market
There's a potential new roadblock on the horizon that could wreck havoc with the Gulf Shores housing market, just when it's pulling out of its worst downturn in decades. Changes to Forms Could Affect the Gulf Shores Housing Market On August 1st, the new TRID (TILA-RESPA Integrated Disclosure) forms replace the HUD-1 Settlement and Good […]
Buying a Gulf Shores Home or Saying I Do?
Buying a Gulf Shores home is not always first in the minds of newlyweds, especially when you stop to think that total average spending on weddings has now exceeded $31,200! One might ask, "Should you spend that much on a wedding, or use the same dollars for a down payment on a Gulf Shores home?" […]
Fewer Gulf Shores Homes Being Bought With All Cash
Fewer and fewer Gulf Shores homes are being bought and paid for with all cash. The same trend is holding up nationally as well. Cash home sales fell to 35.5 percent of the market nationwide in December 2014 compared to 38.5 percent in December 2013, according to new numbers released by CoreLogic. A high rate […]
Gulf Shores Home Warranty: Why You Should Avoid Them
If you're considering getting a Gulf Shores home warranty, you might want to think again. You may have bought your share of home warranties—service contracts that promise to cover appliances and other items that break down in your home—whether they were a Gulf Shores home warranty, or one you purchased in another area. The fact […]
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