Gulf Coast Market Report 6/14/23

Serving Families Along The Gulf Coast Since 2002

We are personally buying five new construction homes from DR Horton right now. Three in Raley Farms in Gulf Shores on County Road 8, and two in Roberts Cove in Foley on County Road 12 right off of the Foley Beach Express.

Why are we buying right now?

Simply put, there is historically low inventory with more pent-up demand than we have seen in decades. Home prices have always been resilient through hard times and the rental return on our cash is phenomenal right now.

If you are looking for a great place to invest right now, call me.

I will get you the best deal possible on one of these new construction homes, and they are very nicely built with the rent being much higher than the mortgage.

NEW CONDO LISTINGS NEW HOME LISTINGS SEARCH LIVE BEACH CAM

Median Sale Price of all condo & home sales in baldwin county 2021, 2022 & 2023

As you can see above, here in Baldwin County, we never went negative year-over-year as many markets in the country did.

We have definitely held our own and reaching for new all-time highs.

Let me know if you have any questions about the market.

If you sell now, you will be selling at the highest we have been, and if you are buying, be strategic around your needs and you can find winners right now just as we have with the new construction homes.

Either way, we can help guide you through and make sure you get the best deal possible.