The Gulf Shores housing and economic outlook for 2017 seems to be filled with nagging questions about how gradually increasing interest rates may affect the continued improvement of the housing market. While interest rates have edged slightly upward in the last several weeks – most notably in response to the stock market's post-election gain – home […]
Gulf Shores Economy and Housing: Future Trends to Watch
The Gulf Shores economy and housing, of course, is a subset of the national economy and housing market. As such, it’s important to keep abreast of recent changes and future trends in the economy – and how they will ultimately affect the overall housing market. Let’s examine five areas of interest in the economy and what we […]
Gulf Shores Housing Outlook: Rents to Level Off
If you’re renting in the Gulf Shores housing market, now hear this: it isn’t easy to buy a house. It may be easier to stay put. That’s because home price gains are picking up, while rents are leveling off — despite the fact they’ve skyrocketed in recent years. Some economists predict that by the end of […]
Gulf Shores Housing: Emerging From Underwater
Recent Gulf Shores housing statistics — included as part of third quarter housing results reported by Zillow –– show that roughly a million U.S. homeowners finally owe less than their homes are worth. Water Receding in Gulf Shores Housing Market? According to the Zillow report, the negative equity rate among homeowners in the U.S. dropped […]
Gulf Shores Housing Snapshot October 2015
The Commerce Department recently reported housing starts in the Gulf Shores housing market and other parts of the U.S. dropped to a seven month low in October. And while single-family home construction in the South fell, a greater-than-expected surge in building permits indicate housing is still relatively strong. A Closer Look at Gulf Shores Housing […]
Gulf Shores Housing: Rent on the Rise
Rent increases seem to be the norm rather than the exception in the Gulf Shores housing market. While increases affect renters at all income levels, those near the bottom are being hardest hit. Rent Inflation Affects Gulf Shores Housing Higher rents are having a greater impact on the lower-cost housing units than on the higher-cost units say […]
Gulf Shores Housing: New Home Sales Near One-Year Low
The US Commerce Department reported that sales of new single-family homes dropped to a near one-year low last month. The recent setback occurred despite two consecutive months of sales gains. Industry experts say Gulf Shores housing remains on firm ground thanks, in part, to a rise in home prices. A Closer Look at Gulf Shores […]
Gulf Shores Housing Bubble – Can it Happen Again?
Indirectly addressing concerns that the current Gulf Shores housing market — among others across the nation — is destined to suffer the woes of the housing collapse of less than a decade ago, Former Federal Reserve Chair Ben Bernanke recently shared his thoughts on the subject. Has Gulf Shores Housing Learned a Lesson? Bernanke said […]
Fed’s Impact on Gulf Shores Housing
Gulf Shores housing is obviously affected by interest rates, and recently, the much anticipated rate hike by the Federal Reserve was once again put on hold because Fed Chairwoman Janet Yellen said she thinks the housing market is still not where it needs to be. Jeff Taylor of Digital Risk appeared on Fox Business News […]
The Gulf Shores Housing Outlook
The Gulf Shores housing outlook continues to remain positive. The Commerce Department released information confirming that the sales of newly built homes rose more than 5% in July. In addition, prices for new homes were up. Homebuilders cite two reasons for the recent higher traffic and sales activity: 1.) The much anticipated rate increase by […]
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