Posts from February 2021
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22
January 2021 Alabama Gulf Coast real estate stats
Alabama's Gulf Coast contains several real estate markets depending on location and price point – just to name a few factors. The graphic below shows real estate statistics for January 2021, the latest month available.
Vital Signs provides a visual representation of what's happening in several local markets by showing you supply. The colored-coded numbers represent the absorption rate, the number of months it would take to sell every home on the market in a particular price range if no others were added. If the market is moving quickly, the absorption rate will fall below six months of supply, and if it's more of a buyer's market, it will jump above six months of supply. ...
15
New construction a fix for local housing shortage
The Alabama Gulf Coast has been experiencing a historic seller's market, meaning more people want to buy a home than there are homes available, and the shortage of available homes for sale will likely continue.
We've discussed in a previous post how the combination of delayed sales due to COVID-19, historically low interest rates and a rise in the average amount of time between moves have caused the shortage of homes for sale in our area. But what can be done to meet the demand? Put simply, either more people opt to sell their existing homes or more homes need to be built.
8
Bellator Real Estate & Development welcomes 7 new agents
Bellator Real Estate & Development gained seven new REALTORS® during December 2020 and January 2021 in our Eastern Shore, Orange Beach, Gulf Shores and Fairhope offices.
Each of our seven new agents brings unique experiences and qualifications to the company: Stefani Horn (Eastern Shore), Ann Mitchell (Orange Beach), Viktoriya Morris (Gulf Shores), Danna Saia of The Spears Group (Eastern Shore), Lacy Valdez of The Spears Group (Eastern Shore), Jason Meherg (Fairhope), and Susan Beeco (Fairhope).
"At Bellator, we aim to champion both our agents and their clients," Troy Wilson, president of Bellator Real Estate & Development, said. "These agents are raising the bar for our industry, and we are grateful to have them."
2
Time to celebrate Yardi Gras along the Coast
If you're wanting to laissez les bons temps rouler, but aren't sure exactly how to this year, check out the Alabama Gulf Coast's answer to celebrating Mardi Gras during the era of COVID-19.
It's Yardi Gras time.
No, that isn't a typo. Since Mardi Gras parades are apparently so last year, our neighbors have gotten inventive, decorating their yards and porches with Mardi Gras decorations that can be enjoyed safely from the comfort of your car – or on a walk around the neighborhood.
1
Use real estate reviews to generate listings
Are you looking for listings? If you – like most agents along Alabama's Gulf Coast right now – answered yes, then let us introduce you to a powerful Ninja Selling concept that may help you do just that.
Real estate reviews allow you to give overviews of the real estate market in the area without necessarily having to price a home in the process. Think: How many homes have come on market in their neighborhood since I last spoke with them? How many have sold? How long did it take to sell? Are sales prices going up? It's not a CMA — just pull the stats for a particular neighborhood.
Generally, these are done on property anniversaries for former clients, but people are interested in what's ha...
