New single-family Gulf Shores home sales were up in November. The increase was lower than anticipated, signaling a slight momentum change in the housing market. Recent Commerce Department statistics show new home sales increased 4.3% during November. This equates to a seasonally adjusted annual rate of 490,000 new homes sold. The number of homes sold […]

Gulf Shores home sales in May were greater than in any other May since 2008, while home prices continued to rise. Sales are on a four-month trend in which they were higher than both the previous month and the same month in the previous year. Many positive factors are contributing to a strong housing market […]

Existing Gulf Shores home sales are expected to finish the year at their highest level since 2006 according to the National Association of Realtors’ economic forecast forum revealed at its 2015 Legislative Meetings & Trade Expo. However, accelerating price growth and rising mortgage rates have the potential to change the expected finish. In the most […]

Gulf Shores home sales have fallen to their slowest pace in nine months, with sales of existing homes tumbling 4.9 percent last month. Relatively low mortgage rates and steady job growth have not yet spurred the kind of activity from buyers or sellers, raising the possibility of either a spring rush, or another year of […]

According to figures from the National Association of Realtors, existing Gulf Shores home sales increased in December, reaching an annual pace nationally of more than 5 million sales for the sixth time in seven months. Median home prices for last year reached their highest level since 2007 but the total number of sales dropped 3.1% […]

More people closed on a Gulf Shores home or condo last month, with sales of existing Gulf Shores homes rising to the highest level since September 2013. Gulf Shores Home Sales Mirror National Numbers The same trend that Gulf Shores home sales are seeing holds true across most of the rest of the country as […]

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. […]

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 […]