February 2016

Found 1 blog entry for February 2016.

Do Oil Prices Affect The Price Of Real Estate On The AL Gulf Coast? 

Let Us Analyze The Historical Price Of Crude Oil In Comparison To The Prices Of  Real Estate In Our Area At The Same Time.

When Reviewing Oil Prices vs Real Estate Prices, We Can See The Last Time Oil Was At $20/Barrel(see chart below) Our Market Was Really Starting To Pick Up. 

The Last Instance Oil Was At $20/Barrel Was Late 2001, Early 2002(The far left white shaded oval). This Is When Our Market Really Gained Traction, Then With The Help Of Hurricane Ivan, Seemed To Propel Our Real Estate Market Further Into The Stratosphere! If Hurricane Ivan Wouldn't Have Hit So Hard, Would The Market Have Went To The Heights It Did? Arguable And Debatable.

The Second Shaded Area Represents The

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