Orange Beach, AL Real Estate
About the Alabama/Florida Gulf Coast
Market Update:
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!!
Deborah Hood
REALTOR®
RE/MAX Of Orange Beach
Cell: 251-989-5966
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Recent Articles and Blog Posts
If you are disappointed to find that someone else has already submitted a contract on your dream house, you may want to consider making a backup offer. The housing market has been tight everywhere in recent months, so discuss this option with your real estate agent if you really love the house. Backup offers don’t always work […]
Read MoreSpring has sprung, which means the housing market is in full bloom. “For Sale” signs are sprouting up along with azaleas and dogwoods as buyers start to search for new homes. Each year, around 40 percent of real estate transactions occur between the months of May and August, with peak inventory times varying some depending […]
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Customer Testimonials
I feel like we’ve made a life long friend
Living in Indiana and searching for a vacation home at the Gulf Shores can be quite daunting without the help of a knowledgeable REALTOR® like Deborah. She took time to learn exactly what we were looking for and respected our budget by not pushing properties on us that were out of this range. Deborah toured […]
She was with me from beginning to end
“As a first time buyer, it was my good fortune to have Deborah Hood as my REALTOR®. I was able to view choices for purchase without pressure, but with a gentle hand to guide me. Deborah became my advocate as I selected my condo and began the purchase process. She was always available to help, […]
You are the best REALTOR® we’ve ever worked with
Deb, Gary and I want to thank you for helping us find the perfect investment property in Gulf Shores! Your patience and guidance was invaluable and we are extremely happy with our condo at San Carlos. It was hard to imagine we could have a beachfront condo to enjoy anytime we wanted and have it […]
I’ve never met anyone as accessible and as responsive as Deborah
If you’re reading this and contemplating hiring a REALTOR® to represent you, your search just got a lot easier. I was introduced to Deborah by a business acquaintance who highly recommended her services… I quickly learned why. Deborah is very knowledgeable and is extremely familiar with the local market. More importantly, she has very high […]
You will never find a better or more professional REALTOR® than Deborah Hood
To Whom It May Concern, I have either purchased or sold over 14 homes and land in the last twenty years, in four different states. Each and every time, I have used REALTORS®. In that twenty years, Deborah Hood is hands down, by far, the best REALTOR® I have ever used. She is professional, honest, […]
