According to an article in Housingwire, recent research has shown that many Gulf Shores homeowners are failing to take advantage of lending programs that could be hugely beneficial to them. It's estimated that around 20% of households who could benefit from refinancing are potentially missing out on savings of over $10,000 each year, simply by […]
Young Gulf Shores Homeowners Hurt by Employment Woes
Young Gulf Shores homeowners, as well as those "wanting to be homeowners" are struggling in the job market, which points to possible bad news for the housing industry. According to the Bureau of Labor and Employment Statistics, only 74.8% of young adults are working — the lowest number in 12 months and far below normal […]
Gulf Shores Homeowners Know They Need Flood Insurance
According to a survey by Bankrate.com, 81% of Gulf Shores homeowners know that a standard homeowners insurance policy doesn't cover flood damage, but a separate survey by the Insurance Information Institute found that only 13% of Gulf Shores homeowners had a flood insurance policy. The Federal Emergency Management Agency (FEMA) and its National Flood Insurance […]
Tax Breaks For Gulf Shores Homeowners
Gulf Shores homeowners will soon be turning the calendar and looking squarely at April 15, the day income taxes are due. If you haven’t already done your taxes, you should be gathering up your W2s, 1099s, bank statements and receipts. If you’re missing anything, you don’t want to wait until April 14th to figure that […]