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Gulf Shores Housing To Drive Economic Growth

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The Gulf Shores housing recovery is expected to be the primary driver of the Gulf Shores economy this year. Homebuilding activity will likely remain the strongest growing component of the economy in 2013, followed by consumer spending, increased domestic energy production, and stimulus from the Federal Reserve. Home sales rebounded to the strongest level in five […]

Gulf Shores Housing Inventory Keeps Declining

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Here’s a breakdown of why Gulf Shores housing and housing nationwide has continued to decline this year: Many homeowners are underwater: More than 10 million homeowners, including many who own Gulf Shores housing, owe more on their mortgage than their homes are worth. Underwater owners aren’t likely to sell unless they need to move due to […]

Gulf Shores Housing on the Upswing

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Gulf Shores housing, after 6 years of downward pricing and sales, is finally on a firm path to recovery. Most economists agree that all the positive year-end trends from 2012 for the housing market will drift into 2013, becoming more entrenched as the economy picks up steam in the second half of the year. Why […]

Gulf Shores Housing: What’s the Real Story?

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Answering the question, “What’s the real story behind U.S. housing?”, Economics Editor Michael McKee of “The Real Deal” looks at the real U.S. housing on Bloomberg Television’s “In the Loop.” While some areas are improving more than others, overall, most economic indicators point to a confirmed increase in the Gulf Shores housing market.