Among several housing-related stories making the news around here locally asks the question, Is there a Gulf Shores housing bubble in our future? Before we can attempt to answer the question, let’s define what is meant by a “housing bubble.” What exactly is a "Housing Bubble?" A “housing bubble” is an increase in housing prices fueled […]
Another Gulf Shores Housing Bubble Brewing?
A recent S&P/Case-Shiller Home Price Index was the latest report to show a relentless rise in housing prices, causing some economists to ask: Is another Gulf Shores housing bubble forming? Economists point to several reasons why this isn’t a concern, namely that while prices keep rising, the rate of growth has slowed. In the first […]
Gulf Shores Housing Bubble – Potential Still There?
Is there still a potential we could see another Gulf Shores housing bubble? A top Federal Reserve official says yes. A mortgage market bubble in part caused the 2007-2009 financial crisis and Great Recession from which the world's largest economy is still recovering. In response, the Fed has depressed interest rates and is buying $85 […]
Gulf Shores Real Estate News – June 2013
In this Issue for June 2013: No, NOT Another Housing Bubble Protect Yourself Against Moving Scams Home Sales Up Despite Slim Inventories No, NOT Another Housing Bubble All the news of late has been talking about another housing bubble, including our report here last month. The double-digit home price increases and the return of […]
Gulf Shores Real Estate News – May 2013
In this Issue:* How To Do a Final Walkthrough Signs of a New Housing Bubble? Features Buyers Say They Will Pay Extra For How To Do A Final Walkthrough When the home buying process is nearly complete, many buyers start relaxing and focusing on other details, such as purchasing new furniture and looking at […]
Housing Starts Increase in June
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 629,000. This is 14.6 percent (±10 9%) above the revised May estimate of 549,000 and is 16.7 percent (±11.8%) above the June 2010 rate of 539,000. Single-family housing starts in June were at a rate of 453,000; this is 9.4 percent (±11.1%)* […]