Renting a Gulf Shores house used to be a popular choice over buying because it was cheap. Today, 1 out of 3 people pay rent for a 3-bedroom home that is more than 30% of their monthly median income, according to RealtyTrac. So why do people continue renting a Gulf Shores house instead of buying, […]
Gulf Shores Housing Market Newbies Beware
The Gulf Shores housing market has seen a tremendous bounce in pricing over the past two years, but so far, 2014 is not looking like it will break records from 2012 and 2013. Almost half (around 42%) of all residential home sales in the first quarter were all cash deals. The same is happening all […]
Gulf Shores Homeownership Dream Fading Away
The dream of Gulf Shores homeownership appears to be fading, according to a recent poll by Harris Poll conducted on behalf of the the National Endowment for Financial Education (NEFE). 50 percent of American adults say their top financial goal is having enough money for retirement. In fact, the percentage of people who cite having […]
Will Boomers Create the Next Gulf Shores Housing Crisis?
A potential Gulf Shores housing crisis is looming due to the unknowns surrounding the group of homeowners known affectionately as the "Baby Boomers." These babies, born between 1946 and 1964, are now between 50 and 67 years old. Many are at or near retirement age, and many of them no longer need the large homes […]
What Rising Gulf Shores Home Values Mean for You
Gulf Shores home values have been on the rise for the past couple of years following one of the worst economic crashes in modern day history. But what does this mean for you as a Gulf Shores homeowner? The most obvious advantage of rising Gulf Shores home values is, you may be in a better […]
Gulf Shores Real Estate Trends in 2014
Gulf Shores real estate is now fully into quarter number two, and we're still curious to see where 2014 is headed. In 2013, Gulf Shores real estate was up, along with most markets across the U.S. Now that the first quarter of 2014 is in the books, Gulf Shores real estate continues to improve, although […]
Gulf Shores Homebuyers: Most Popular Features in New Homes
The biggest growing trend Gulf Shores homebuyers are looking for in new homes appears to be more space. According to data presented by the National Association of Home Builders (NAHB) at the International Builders' Show in Las Vegas, the size of new homes is up 13.4 percent in the last four years alone, with a […]
Gulf Shores Housing Recovery On Track
The Gulf Shores housing recovery appears to be on track, according to newly-released data, although not at the pace it once was. Home prices rose slightly more than expected in December, according to the S&P/Case-Shiller index. David Blitzer, chairman of the S&P Dow Jones Indices Index Committee, called 2013 the best year for the index […]
When Not to Buy Gulf Shores Real Estate
Instead of telling you that anytime is a great time to buy Gulf Shores real estate, we're here to tell you when it's NOT necessarily a good time to buy Gulf Shores real estate. Imagine you're a new college graduate right out of school with a great job with security to go with it. You […]
Gulf Shores Housing Expected Slower in 2014
Gulf Shores housing is expected to see slower rates of growth this year compared to 2013. The double-digit gains in home prices we saw in 2013 are expected to slow to a more realistic 2-4 percent. We also expect to see more inventory of homes coming on the market in 2014. Many sellers who were […]
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