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Posts in category 'Market Updates'

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June
23

Alabama's Gulf Coast contains several real estate markets depending on location and price point – just to name a few factors. Even prior to the effects of COVID-19, different local markets experienced different demand and pricing fluctuations. 

The graphic below shows real estate statistics for May 2020, the latest month available, showing how COVID-19 is impacting the Alabama Gulf Coast's real estate market.

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...

Click Here to Read More...

June
1

Wondering how the Gulf Coast real estate market is fairing in light of disruptions caused by COVID-19? It's a question real estate companies, real estate agents and Gulf Coast residents alike have wondered as the effects of the virus continue to develop.

Terryl Reeves
Fairhope Section St.
Managing Broker

However, as Bellator Real Estate & Development's Fairhope Section Street Managing Broker Terryl Reeves explains, the market seems to be in the beginning stages of playing catch up after its COVID-19 hiatus.

Reeves visited Friday, May 29, 2020, with Uncle Henry and Mary Booth on iHeartRadio's Newsradio 710 WNTM to explain how Bellator agents have adapted to the impacts of COVID-19 and how the market has reacted to the virus. Listen beginning at 8:45 for details.

May
19

Alabama's Gulf Coast contains several real estate markets depending on location and price point - just to name a few factors. Even prior to the effects of COVID-19, different local markets experienced different demand and pricing fluctuations. 

The graphic below shows real estate statistics for April 2020, the latest month available, that can begin to show how COVID-19 is impacting the Alabama Gulf Coast's real estate market.

Vital Signs provides a visual representation of what's happening in several local market...

Click Here to Read More...

April
30

If you've turned on the news any time in the last two months, you've heard about the economic impacts of COVID-19. As we've noted in our April 2020 Market update, many are asking how virus uncertainties are affecting local real estate.

While no one knows for sure what the future of our real estate market holds, we can infer the projected impact of COVID-19 on the Alabama Gulf Coast's real estate market from past experiences and stats from Baldwin County and Mobile County property sales.

Check out this episode of Port of Call, an advertising and marketing podcast hosted by Portside Advertising's Joe Brown, for more information from Bellator Real Estate & Development's President Troy Wilson and Chief Operating Officer Geoff Stacey on market forecasts and how technology is being used in real estate during the pandemic.

April
24

Property owners on Alabama's Gulf Coast have made an investment in their economic futures and in our community. With the effects of COVID-19 being felt globally, many are asking how virus uncertainties are affecting the local real estate market.

The truth is Alabama's Gulf Coast contains several real estate markets depending on location and price point just to name a few factors. So even during normal circumstances, different local markets are experiencing different demand and pricing fluctuations.

The graphic below shows real estate statistics for March 2020, the latest month available, that can begin to show how COVID-19 is impacting the Alabama Gulf Coast's real estate market.

Click Here to Read More...

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