Orange Beach, AL Real Estate
About the Alabama/Florida Gulf Coast
It's a fabulous time to be purchasing or selling property along the magnificent Alabama/Florida Gulf Coast. The Real Estate market is hotter than it's been in the past 8-9 years, and the investment rental market continues to grow by 7-9% each year since 2011. Many Gulf front condos will cash flow and my client's are basically seeing their condos pay for themselves.
It's no longer a Buyer's Market:
As much as buyers would wish otherwise, it's no longer a Buyer's Market practically anywhere in the country and our area is no exception. Inventory is the lowest it's been in years, listings are selling for a higher percentage to list price, and if the property is listed at market price, we're seeing multiple offers. And sale prices continue to grow a a steady pace at around 5-6%a year...very normal and healthy market conditions.
Is it time to sell?
The answer to that question really depends on when you purchased. If you bought at the top of the market, you may just now be at a break even point in your mortgage. However, if you purchased when prices had begun to slide (2008-2011), and with an appreciating market, you could realize a significant gain in value. I would love to help you analyze your particular situation.
You know what you want!!
You have many online options to search for properties, look at recent sales to analyze whether it's time to list your property, and by the time you reach out to a Real Estate agent, you've already made many important decisions. You're educated, informed and you know what you want to do, many times before you ever contact an agent. Never in the history of Real Estate have buyers and sellers been more informed and sophisticated and it's great to work with clients you know what they want to do!
The Gulf Beaches has such to offer!
The beaches along the Alabama Gulf Coast and the Florida Panhandle are some of the most beautiful sugar white beaches in the country! Inshore and offshore fishing is some of the best in the world and whether you're fishing for giant Blue Marlin or Red Snapper offshore, or Redfish, Speckled Trout inshore, you can have a great day of fishing nearly year round.
New construction is going on nearly everywhere you look. New businesses, restaurants, service businesses, along with new construction on the beaches, in neighborhoods and subdivisions offer new construction built to the highest building codes. In fact, Gold Standard Construction will afford you big discounts on insurance!
In short, there has never been a better time to buy or sell. Mortgage rates are still some of the lowest rates we've ever seen, making your investments even stronger than ever before! Contact me and I will help you find the best property for your needs and wishes!!
RE/MAX Of Orange Beach
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