The Gulfshoreslife.com Team Service Providers

Gulf Shores Condos – Orange Beach Condos – Real Estate Service Providers

Gulf Shores, Orange Beach, Fort Morgan, Alabama 2009 MARKET UPDATE

Gulf Shores / Orange Beach / Fort Morgan, Alabama
2009 MARKET UPDATE
Condos – Homes – Land – Commercial Property
2008 ALABAMA COASTAL REAL ESTATE MARKET HISTORY
  • Steady Price Decline
  • Increase in Foreclosures
  • Some “Short Sales”……
  • End of New Construction
  • High Percentage of Cash Buyers
2009 LOOKING AHEAD
  • Some Developments are Close to Bottom
  • Limited New Construction for 4-5 Years
  • Selling at Less Than Replacement Costs
  • Condo’s Starting to Get “Picked Over”
  • Newer Beachfront at 255 – 285 sq ft
  • Low Interest Rates Attracting Buyers
  • Nice Beachfront 1/2’s …..190k+
  • Newer Beachfront 2/2’s ……290k+
  • Newer Beachfront 3/3’s…….380k+
  • Continued Foreclosure Values
  • Limited Developer Inventory
  • Buyer’s Looking at Price AND Quality
HOW TO GET THE BEST VALUE
  • Let Us Know Your Criteria
  • Focus on One or Two Developments
  • Visit and Preview Units
  • Have Financing in Place
  • Be Prepared to Move Quickly
  • Units Sell at Certain Price Points
  • List/Sold Price Spread Now Closer
  • Clean Contract…..Quick Close
  • Have a GAME PLAN
WE CAN KEEP YOU ADVISED
  • Contact Us by Email or Phone
  • Fast Response to Your Questions
  • Take Advantage of Value Opportunities
  • We Represent YOU in the Transaction
HOT LIST
  • Looking for BEST VALUE?
  • Know  WHAT YOU WANT?
  • Are you prepared to make a QUICK OFFER?
  • The BEST PRICED properties go first.
  • The GOOD FORECLOSURES go fast.
  • Send an email and get on our “HOT LIST”.
  • We will contact you and MATCH YOUR CRITERIA.
Thanks – look forward to working with you.
Des Gatti
The Gulfshoreslife.com Team
Keller Williams Realty Alabama Gulf Coast
Direct (251) 233-9825 Fax 251-217-9375
desgatti@gulfshoreslife.com
www.gulfshoreslife.com/desgatti

Coming February 7th, 2007 – SAN CARLOS Condo Auction
Gulf Shores
30 NEW CONDOS
Pre-Auction Offers
……Contact Us To Register……
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January 6, 2009 - Posted by | alabama, Baldwin County, Beach Real Estate, fort morgan, Gulf Coast, Gulf Shores, orange beach, real estate | , , , , , , , , , , , ,

3 Comments »

  1. Looking for A 2/2 gulf front, furnished foreclosure in the low 200`s.Can move quickly.Need to review rental history of unit.Thanks

    Comment by Blane Burnett | February 15, 2009 | Reply

  2. Hi Blane,
    Des will be following up with you later today when he gets back from showing condos.

    Comment by gulfshoreslife | February 15, 2009 | Reply

  3. Blane,
    We have some condo’s that meet your criteria….will get information out to you. Also search our web site http://www.gulfshoreslife.com Thanks. Des Gatti

    Comment by Des Gatti | February 15, 2009 | Reply


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