The Gulf Shores housing market is finally showing signs of recovery, in large part because young adults are finding jobs, but some obstacles persist. Even with talk of the job market turning around, there are still over 9 million people unemployed. This leads to more young adults either struggling to find jobs, or taking part-time […]
Gulf Shores Home Buyers Want These Features
More millennials are expected to become Gulf Shores home buyers this year, and they might have a wish list of features that set them apart from previous generations of house hunters. We have assembled a list of features that The Federal Savings Bank has also noted as being desired by Gulf Shores home buyers, especially […]
Can Starbucks Affect Gulf Shores Home Values?
Sounds like a ridiculous question, but can living near a Starbucks actually affect Gulf Shores home values? According to a new book, "Zillow Talk: The New Rules of Real Estate" by Zillow CEO Spencer Rascoff and Chief Economist Stan Humphries, it just might. The pair write that Starbucks is actually the fuel for gentrification. "Starbucks […]
Gulf Shores Housing Market: Will 3% Down Help?
Home ownership rates have hit the lowest level in 20 years as the Gulf Shores housing market continues to struggle following the financial crisis. . Bloomberg's Erik Schatzker examines a proposal from President Barack Obama to incentivize the Gulf Shores housing market… . Can Obama's 3% solution awaken enough first time homebuyers to revive the […]
Gulf Shores Real Estate: The Mistake Millennials May Make
When it comes to Gulf Shores real estate, most millennials say they'd rather rent than buy a home — a decision that could cost them more than $700,000 (or more) over the course of their lives. Nearly six in 10 millennials (59%) say they'd rather rent a home than buy one, with just one in […]
Gulf Shores Homebuyers Say Location Still Matters
Nearly half of Gulf Shores homebuyers surveyed by The Demand Institute who say they plan to move at some point in the future say that location still matters for them. While some Gulf Shores homebuyers say they will move for a larger or nicer home, or perhaps buy a home for the first time, three […]
2014 Housing Review: Who Was Smarter?
Last year, we got predictions from Wall Street experts and people on Main Street about what was going to happen to the stock market, oil prices, and housing prices. So who was smarter, the experts, or people on the street. Let's see who was right… . In our next video report, we'll take a look […]
What Prevents Millennials from Buying Gulf Shores Homes?
When it comes to buying Gulf Shores homes, first-time buyers, the millennial generation, falls under the "prime" home buying demographic. Unfortunately, many millennials also fall into another, less desirable, category: adult children. An adult child is a term that's caught on recently, and simply refers to adults roughly between ages 18 and 30 who still […]
Gulf Shores Housing Market: 3 Biggest Threats
A lot of housing experts and economists are expecting the Gulf Shores housing market recovery to gain steam in the new year. But three big factors could still derail the whole ball of wax! Biggest Threats to the Gulf Shores Housing Market 1. Incomes Not Keeping Pace – Despite a much rosier outlook for jobs, […]
Gulf Shores New Homes: Market Looking to Recover
The Gulf Shores new homes market was a bit on the sluggish side overall in 2014, but some analysts look for things to turn around in the next 2 to 3 years. Some blame the overall slow comeback on builders who are reluctant to move very far outside of their familiar markets into more peripheral […]
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