Posts from August 2022
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30
Coastal Alabama September 2022 events calendar
The start of football season has finally arrived, but that's not the only thing happening along Alabama's Gulf Coast. Check out these September 2022 events in Baldwin and Mobile counties.
Mobile Area
Movies in the Park Fall 2022
September – October 2022
Every Thursday at 6 p.m.
Gulf Coast Motor Show
September 3-4
The Grounds
Mobile Art Council's 10th Annual Throwdown
29
Why you need a REALTOR® in a shifting market
Maybe you're a first-time home buyer just wading into the real estate market, or maybe you've purchased dozens of properties over the years and are looking to sell and downsize. Whatever your real estate experience level, an important question to ask yourself is whether to use a REALTOR® to buy or sell.
Think about it for a second. What happens if there's an issue with the inspection? What happens if there's an issue with the appraisal? What happens if there's an issue receiving funds at the closing table? Having an experienced REALTOR® by your side through the home buying or selling process offers you peace of mind so you can focus on your next move.
That's true at any time, but if anything, the pandemic has only reinforc...
22
Real Estate Basics: What Is Due Diligence?
If you've ever had a contract accepted for the purchase of the house you want to call home, then you know what a relief it can be. It's a major portion of the home buying process that you can cross of the to-do list.
But what comes after? It's easy to forget that the contract being accepted is the beginning of another portion of the home buying process. During escrow, the time between a contract acceptance and closing, is when buyers must do their due diligence. Due diligence is essentially making sure you want to actually buy the property by having it inspected and researched.
Alabama is a buyer beware state for existing home sales, which means exactly what it sounds it does.
15
July 2022 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 July 2022, 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. ...
8
Baldwin County July 2022 developments report
New construction is booming in order to meet the demands of the more than 230,000 residents that now call Baldwin County home. Each month Baldwin REALTORS® creates a report from local government meetings to highlight what new developments are in the works in Baldwin County. Below is a brief list of the plans addressed in July 2022.
Fairhope
- The Fairhope City Council approved a request to zone and annex a 36-acre property located on the east side of Highway 181, across from The Waters Subdivision and south of the proposed Harvest Green Subdivision. Plans for the property include a 252-unit apartment complex.
- The Fairhope City Council granted si...
