Here’s more evidence of the Gulf Shores housing shortage, as Alex Charfen goes over two reports recently released, including Freddie Mac numbers, which shows the effect the housing shortage is having on home prices. If you have questions about the Gulf Shores housing shortgage that we’ve been reporting about for the past several months, please […]
Gulf Shores Home Prices Up For Third Month
Gulf Shores home prices have edged up for the third month in a row, albeit ever so slightly. According to the Federal Housing Finance Agency’s (FHFA’s) monthly House Price Index (HPI), home prices rose 0.8 percent between March and April, on a seasonally adjusted basis. Previously, the FHFA had reported a 1.8 percent price increase […]
Gulf Shores Housing Shortage a Real Threat
A Gulf Shores housing shortage, as well as a nationwide housing shortage, is a real threat. The housing market has gone through a series of events that include foreclosures, bad equity, bad loans and many more. One topic the real estate market is ignoring is home shortages. Gulf Shores Housing Shortage And Why It Is […]
Gulf Shores Rental Market Rising During Housing Downturn
The Gulf Shores rental market saw rents increase over the past year while home values were decreasing. In some locations, rents are up just as much as home values are down. As contradictory as this may sound, this is actually good news for the Gulf Shores housing market. The slow rebound in the Gulf Shores housing […]
Gulf Shores Housing Prices Now Rising
Gulf Shores housing prices have already bottomed out and are on the rise. Other than a brief stumble in December, asking prices have been steady or rising for the last 8 months. Rents are also on the increase, rising 5.6 percent nationally, year-over-year. Rents have steadily increased as people who lost their homes in the […]
Gulf Shores Home Prices Up – First Time In 10 Months
Gulf Shores home prices rose for the first time in 10 months, according to the S&P/Case Shiller composite index released recently, an encouraging sign the battered housing sector is starting to stabilize. It was the first time home prices have gained since April 2011. That gain was itself an anomaly in a string of declines […]
Are We Near the Gulf Shores Housing Market Bottom?
The Gulf Shores housing market bottom is not going to be a date on the calendar. More likely, the market’s bottom represents a series of events that set up the Gulf Shores housing market for recovery. What Has to Happen to the Gulf Shores Housing Market First According to Stan Humpries, chief economist at real […]
Gulf Shores Housing Market According to NAHB and NAR
The Gulf Shores housing market continues to show positive signs of improvement, along with other markets throughout the U.S. This, as reported by National Association of Home Builder’s chief economist, David Crowe, in the NAHB March Market Index report… Gulf Shores Housing Market According to NAR According to the National Association of Realtors (NAR), nationwide, […]