Market Updates

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Market Updates 14 Short Term Rental Trends To Watch in 2024 “The short-term rental (STR) market is getting ready for a dynamic 2024 and hosts must keep up with the pace of change. Global economic uncertainty, evolving travel habits, and a growing desire for personalized experiences are only a few of the factors that will influence how hosts operate moving forward. Though the next year will […]
Market Updates How Your Home Equity Can Help You Reach Your Goals If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is […]
Market Updates Expert Quotes on the 2024 Housing Market Forecast If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But […]
Market Updates The Surprising Trend in the Number of Homes Coming onto the Market If you’re thinking about purchasing a home, it’s important to know what’s happening in the market.  Here’s an update on the supply of homes currently for sale.  Whether you are buying or selling, the housing inventory in your area is something you should pay attention to. In the housing market there is seasonality, regular patterns […]
Market Updates Top 3 Housing Questions When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a […]
Market Updates Why Home Prices Keep Going Up If you’ve ever dreamed of buying your own place, or selling your current house to upgrade, you’re no stranger to the rollercoaster of emotions changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because you’re […]
Market Updates Market Trends for Coastal Alabama | April 2023 Market Trends for Coastal Alabama | April 2023 April’s real estate market in Baldwin County held steady with trends we’ve seen over the past several months. Baldwin REALTORS® Multiple Listing Service (MLS) reports increases in Average Sales Prices and Days on Market (DOM) for both the Traditional Residential and Resort/Island-based areas of the county, while both areas experienced decreases […]
Market Updates Things are getting really weird in the housing market! Most housing analysts expected 2023 to be a rough year for the U.S. housing market. In fact, among the 29 major housing forecast models, 24 forecasted a national home price decline for 2023.  Every market should be evaluated locally, which is what we want to share with you.  Watch our video below to view our opinion […]
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Market Updates Profitable Markets to Buy a Beach House in 2023 – Gulf Shores Best Place to Buy a Beach House Even though we have seen soaring real estate prices, demand for vacation homes remains strong.  Especially near the beach!   Vacation rental management platform Vacasa has released the top ten destinations to purchase a beach house in the U.S. in 2023, and some of the results may surprise you.  […]
Market Updates Returning to a New Normal An annual analysis of 2019 to current housing data trends provided by Baldwin REALTORS® Multiple Listing Service Baldwin REALTORS® (BR) is pleased to report pre-pandemic levels of activity in Baldwin County’s residential real estate market. Statistical data from 2019 through 2023 provided by BR’s Multiple Listing Service indicates that the local market is returning to […]
Market Updates How much equity do I have in my home? Fall of 2022 was the height for interest rates, hitting 7% and slowing down the market.  Properties sat on the market and then loan offers like the 2-1 buydown were introduced. Enter into 2023.  Rates have dropped!  Mortgage applications have increased.  Buyer demand is heating back up and our spring market is about to take […]

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