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…
Existing-home sales rose to 4.62 million (seasonally adjusted annualized rate) in April from a downwardly revised March rate of 4.47 million, the National Association of Realtors (NAR) reported Tuesday. Economists had forecast the April sales pace would be 4.66 million.
The median price of an existing home climbed 10.1 percent to $177,400 from $161,100 in April 2011, the strongest year-to-year gain since January 2006. The median price in April reached its highest level since July 2010 when it was $182,100.
The inventory of homes for sale in April rose to 2.54 million, the highest level since last November, bringing the months’ supply of homes on the market to 6.6.
The 10.0 percent yearly gain in the sales rate was the strongest since October…
The market is back! This is another consecutive month of increased prices and decreases on days on market. This is the time to buy if you are in the market for your beach home. Please take time to see the full report here: http://www.gulfshoresrealestate.com/files/46/Baldwin_Residential_Report-April_2012.pdf
For all of our clients that are on the fence, now is the time to buy your dream beach property. Please take a look at this article for further information: http://blog.al.com/acre/2012/05/condo.html
It comes down to supply and demand. We are seeing an extremely high demand and prices are starting to increase as well.
I am pleased to announce that Realty 1st has decided to change our domain to www.gulfshoresrealestate.com. This will enable us to reach more clients and help our sellers capture more web presence in the ever changing world wide web. Realty 1st prides itself in global market saturation and this will increase our market share. We are currently breaking records and our momentum will catapult us well above our already high standards! Our marketing department commends our agents for a job well done and we are proud of our current achievements.
Combines Market Expertise and Old Fashioned Hard Work Together
with POWERFUL Technology and GLOBAL Internet Saturation
To Help You Reach Your Real Estate Goals.
Click Here to View Our Latest Newsletter!
The 40th Annual Shrimp Festival will be this year beginning on October 13-16th. The festival is expecting to have over 300,000 people attend. We do have some openings for our buyers to view properties at this time. If you can call us @ 877-504-9716 or you can email to email@example.com to set up some viewings while you are here soaking in the sun and eating wonderful food. If you have never been to the festival, it is truly a great family fun experience. With the great food, musical entertainment , arts, crafts and activity area it is 2 thumbs up. Give us a call soon so we can arrange a consultation. Here is the official link to the festival for further reading:…