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1
Bellator's Terryl Reeves on 'Ask the Expert'
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.
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.
19
Think twice before painting your brick home
Weeks of social distancing might have you ready to tackle some of your long-desired home improvement tasks. However, if one of those tasks is painting your home's exterior brick, you might want to think again. Though painted brick might seem like an easy solution to enhance your home's curb appeal, there are a few important things to consider first.
You could ultimately face structural damage.
Brick is a porous material and must be allowed to "breathe," especially if you live in an area of frequent rain and humidity. Adding a coat of paint over the external brick eliminates its ability to do so, which can lead to trapped moisture. If this happens, the brick will likely erode overtime during the changing of se...
19
April 2020 Alabama Gulf Coast Market Stats
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...
15
Answers to 3 common home selling questions
Like many places, the residential real estate market on the Gulf Coast typically kicks into high gear during the summer months since kids are out of school and it's the easiest time for families to make a major change. While COVID-19 has definitely changed many moving plans this year, we know there are still people who must move to due jobs or to be closer to loved ones.
If you're going to need to make a move this summer, having someone to help you walk through the process is key, especially during these uncertain times. But even during pre-virus times, having a REALTOR® had clear advantages. The typical for-sale-by-owner home sold for $200,000 compared to $265,500 for agent-assisted home sales in 2017,
14
Quick Take: Tackling the transition
Bellator Real Estate
eTeam Manager
As I reflect on the month and a half behind us, and look toward the future, I cannot help but think about a book I read some time ago. If you have not had the opportunity to read William Bridges book, Transitions: Making Sense of Life's Changes, I would encourage you to do so. In this book, Bridges states:
"It isn't the changes that do you in, it's the transitions. Change is not the same as transition. Change is situational: the new site, the new boss, the new team roles, the...
