In our Gulf Shores Real Estate News for October 2014: Pending Gulf Shores Home Sales Slip in August Pending Gulf Shores home sales slid backwards in August after improving in July, underscoring the unsettled state of the residential real estate market. Nationwide, The National Association of Realtors' Pending Homes Sales Index, which is based on […]
Gulf Shores Real Estate News – September 2014
In our Gulf Shores Real Estate News for September 2014: Gulf Shores Home Sales Outlook Stronger Economists are more optimistic about the outlook for Gulf Shores home sales over the next two years due to stronger job creation. The annual pace of existing home sales nationwide will likely rise to 5.25 million units in the […]
Gulf Shores Real Estate News – August 2014
In our Gulf Shores Real Estate News for August 2014: Gulf Shores Housing is Faced With Cautious Optimism Gulf Shores housing is facing cautious optimism with mixed signals coming in from several economic reports and surveys. According to the July 2014 U.S. Economic Housing Outlook released recently by Freddie Mac, residential fixed investment fell 4 […]
Gulf Shores Real Estate News – July 2014
In our Gulf Shores Real Estate News for July 2014: Are We Facing Another Gulf Shores Housing Bubble? By most accounts, Gulf Shores housing is on the rebound – sales are up, prices are up, building permits and starts are up, and confidence is also up. (See our next article about "Housing Coming Out of […]
Gulf Shores Real Estate News – June 2014
In our Gulf Shores Real Estate News for June 2014: Gulf Shores Mortgage Rates Continue to Slide Gulf Shores mortgage rates continue to fall. Nationwide, for the fifth week in a row, 30-year fixed mortgage rates dropped and now are at an average 4.12 percent, according to a national survey. That was down from the […]
Putting Gulf Shores Mortgage Rates Into Perspective
It's pretty much a foregone conclusion that Gulf Shores mortgage rates have already hit their all-time low when the benchmark 30-year fixed rate was 3.31 percent in November 2012. Gulf Shores home buyers won't see that level again. But the point the folks at Freddie Mac are making is this: Gulf Shores mortgage rates right […]
Why Gulf Shores Mortgage Rates Aren’t Higher Yet
Gulf Shores mortgage rates will go up in 2014. At least that's what just about every housing and mortgage analyst has been saying for several months now, and is still saying. The Fed announced recently that it would extend the so-called taper and cut its bond-buying by another $10 billion, to $65 billion. And yet […]
Gulf Shores Mortgage Rates Expected Higher
Getting a Gulf Shores mortgage is going to cost more throughout 2014, mainly because it's hard to imagine they could have cost any less last year. Gulf Shores mortgage rates hit what is now known as an historic floor in 2012, with rates back then bottoming out at around 3.38 percent. Rates remained in the […]
Gulf Shores Mortgage Rates With No Fed Tapering
Gulf Shores mortgage rates are declining after the recent announcement by the Federal Reserve that they were not going to start to reduce their Bond buying program. Instead they left their easing program intact for the time being and will continue to buy 85 Billion dollars' worth of Mortgage backed and Treasury Bonds per month. […]
Are Gulf Shores Mortgage Rates Still Headed Higher?
The question on everyone's mind who has even been remotely thinking about buying a home is, "are Gulf Shores mortgage rates still headed higher?" All indications are, not for the time being. When the Federal Reserve surprised everyone when it announced it would not start tapering its purchase of mortgage-backed securities and Treasure bonds, it […]