Posts in category 'Market Updates'
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10
Baldwin County September 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 September 2022.
Gulf Shores
- The Gulf Shores Planning Commission voted to approve a zoning text amendment to allow for a home occupation in accordance with the Alabama Cottage Food Law.
- The Gulf Shores Planning Commission approved the site plan and conditional use permit for a mixed-use development to...
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...
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...
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. ...
