Posts from September 2022
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23
Should you purchase an existing or new construction home?
Do you have a love of old craftsman homes or prefer a modern French country farmhouse? Along Alabama's Gulf Coast, we are lucky to be able to accommodate either of those preferences on either side of Mobile Bay.
Even with the market returning to pre-pandemic conditions, in many parts of the country the number of available houses for sale is still relatively low. But whether you prefer a historic existing home in Mobile's Dauphin Way Historic District or a new home built to Fortified Gold Status in Daphne, you have options in our area thanks to a slowing of existing home sales over the past few months – at least compared to the past few years – and an increase in new construction list...
21
Bellator Real Estate & Development REALTORS® donate $23,161 to local literacy nonprofit
Seventy-four students will have the opportunity to better their reading skills, learn English or earn their GEDs during this school year thanks to Bellator Real Estate & Development's partnership with the South Baldwin Literacy Council (SBLC).
Bellator's internal fundraiser, named Get Lit: Bellator's Back-to-School Literacy Challenge, created competition among Bellator's seven offices to see who could raise the most money for the SBLC. Bellator's more than 200 agents rose to the challenge, topping the projected fundraising amount with a total donation of $23,161 toward the SBLC's mission of providing literacy instruction to help people in our community make a better life for themselves and their families.
19
August 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 August 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 suppl...
12
Baldwin County August 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 August 2022.
Gulf Shores
- The Gulf Shores City Council approved the Gulf Shores Transportation Plan for FY2023, including widening County Road 59, the Waterway East Extension, a pedestrian bridge over the Intracoastal Waterway and several other improvements.
- The newly passed amendments by the Gulf Shores City Council for multi...
