Alabama Gulf Coast Inventory and Sales Data
Coastal inventory is down by 18% from May 2011 to May 2012 and sales are up 13%! This is positive news for sellers as prices are starting upward. Now is a great time to list your property with Realty 1st and www.gulfshoresrealestate.com , as interest rates are still favorable for buyers and the eagerness to take advantage of these historically low interest rates weighs heavily.
Additionally, Bloomberg has reported the largest jump in home equity prices in 60 years, signaling urgency for buyers to purchase or be left with the famous quote, “Hindsight is 20/20”. Take advantage of the historically low rates, NOW!
The University of Alabama’s Center For Real Estate provides an excellent source for…