MARKET UPDATE ALABAMA GULF COAST
The coastal communities of Orange Beach and Gulf Shores, Alabama, have seen significant price reductions in both condo’s & single family homes. These new price levels are now starting to attract buyers who have been following this local real estate market.
A Market View
GO ZONE ACT
GO ZONE ACT
Take advantage of Exclusive GO ZONE Buying Opportunity in gulf shores and Orange Beach, Alabama……….In addition to the standard 27.5 year depreciation,there is a first year 50% Bonus Depreciation available through the Gulf opportunity Zone (GO ZONE) legislation……….For Alabama, the go Zone Act ends December 31, 2008………. Time is running out!
I’m waiting on the market to bottom out!
If you don’t have a TV, a radio, or a newspaper, you may have missed all of the negative press surrounding the mortgage and housing markets. The severity of the situation has created a sort of panic that has paralyzed the consumer. Rather than deal with any aspect of the problem, we wait for someone to yell: “it’s OK to come out now!” If you are waiting for a “bottom” to the overall crisis, and for all the news to turn positive, don’t hold your breath. But where there’s tragedy, there’s opportunity. Let me show you why it is, in fact, “OK to come out now,” and why you might be sorry if you wait too long. Continue reading
Monster Buck
When you finally get that Monster Buck hanging up on the wall, then it’s time to buy a place to go fishing in Gulf Shores and Orange Beach, AL – www.gulfshoreslife.com
Real Estate Agents – hunt for the big deals with Keller Williams Alabama Gulf Coast and Keller Williams Gulf States Region!
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New Buyer Profile Emerges on Gulf Coast
CAUSE and EFFECT
We all know the theory of “cause and effect” and it’s never been more apparent in the changing buyer profile for resort condominiums on the Alabama gulf coast. Up until 18 months ago, the largest percentage of buyers were primarily investor oriented that sustained negative cash flow in anticipation of appreciation that was unrealistic.
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Retired Canadians Head to Alabama
An increasing number of retired Canadians are now finding that the Gulf Coast of Mexico can be spelled with a capital “A” – as in Alabama. Canada, like the United States, has it’s share of “baby boomers” that welcome the change in temperature and the 32 miles of white sand beaches that accommodate over 6 million annual visitors. With the current exchange rate, the buying power of the Canadian dollar combined with very low real estate taxes, coastal properties are very attractive to these northern neighbors.
And once they arrive, they find a Gulf coast that is both progressive and environmentally friendly – with thousands of acres preserved for bird and animal wildlife as well as miles of beaches.
The Gulfshoreslife.com Team Service Providers 