Archive for April, 2009

Welcome to www.MyGulfCoastBeachTeam.com ! Please feel free to leave a comment and also visit our sister site www.GulfShoresLife.com ! Thanks for stopping by!

Gulf Shores Condo sales remain flat while Orange Beach Sales are up significantly!

 Orange Beach Condo Sales are up sharply compared to year ago figures, Gulf Shores Condo Sales appear slightly lower to flat compared to the same time period for 2008.  The Orange Beach stats indicate a 46% increase in units sold and a 45% increase in dollar volumes sold, while Gulf Shores Condos have seen virtually no change in number of units sold and a slight decline in dollar volume from the prior period.  Buyers of Gulf Shores Condos should pay attention to the activity in Orange Beach. More than likely the Gulf Shores market prices have adjusted to the point that buyers there too will get off of the fence and pull the activity upward out of the trough that it has been in.

Search for Gulf Shores Condos

Market Comparison Report by Price
Dates: 01/01/2009 to 4/30/2009
  01/01/2008 to 4/30/2008
Property Types: Condo, Multi-Family
Areas: Gulf Shores-N ICW,Gulf Shores-S ICW,Fort Morgan

  Jan 1 – Apr 30, 2008 Jan 1 – Apr 30, 2009 Difference Percentage
Price Range Units Dollars Units Dollars Units Dollars Units Dollars
0 – 29999 0 0.00 0 0.00 0 0.00    
30000 – 39999 0 0.00 0 0.00 0 0.00    
40000 – 49999 0 0.00 0 0.00 0 0.00    
50000 – 59999 0 0.00 0 0.00 0 0.00    
60000 – 69999 0 0.00 1 63,500.00 1 63,500.00    
70000 – 79999 1 78,750.00 2 151,900.00 1 73,150.00 100.00 92.89
80000 – 89999 0 0.00 2 175,500.00 2 175,500.00    
90000 – 99999 2 192,000.00 1 90,000.00 -1 -102,000.00 -50.00 -53.13
100000 – 119999 4 429,000.00 12 1,339,264.00 8 910,264.00 200.00 212.18
120000 – 139999 16 2,116,495.00 12 1,522,650.00 -4 -593,845.00 -25.00 -28.06
140000 – 159999 17 2,560,200.00 8 1,179,600.00 -9 -1,380,600.00 -52.94 -53.93
160000 – 179999 10 1,687,551.00 7 1,189,500.00 -3 -498,051.00 -30.00 -29.51
180000 – 199999 11 2,078,550.00 6 1,123,000.00 -5 -955,550.00 -45.45 -45.97
200000 – 249999 9 2,037,500.00 27 6,015,367.00 18 3,977,867.00 200.00 195.23
250000 – 299999 15 3,969,000.00 16 4,368,997.00 1 399,997.00 6.67 10.08
300000 – 399999 19 6,703,500.00 18 5,845,400.00 -1 -858,100.00 -5.26 -12.80
400000 – 499999 9 3,834,810.00 6 2,591,000.00 -3 -1,243,810.00 -33.33 -32.43
500000 – 749999 9 5,122,120.00 3 1,680,000.00 -6 -3,442,120.00 -66.67 -67.20
750000 – 999999 2 1,726,250.00 0 0.00 -2 -1,726,250.00 -100.00 -100.00
1000000 – 1249999 0 0.00 1 1,200,000.00 1 1,200,000.00    
1250000 – 1499999 0 0.00 1 1,450,000.00 1 1,450,000.00    
1500000 – 1999999 0 0.00 0 0.00 0 0.00    
2000000 – 2999999 0 0.00 0 0.00 0 0.00    
3000000 – 99999999 0 0.00 0 0.00 0 0.00    
Totals: 124 32,535,726.00 123 29,985,678.00 -1 -2,550,048.00 -0.81 -7.84

 

Tags: , , , , , ,

Orange Beach Condos are selling! 

Compared to the same period last year, the number of condo units sold are up 46% and the dollar volume of condos sold is up 45%.  Buyers are finally finding that prices have adjusted down to reasonable levels and have started pulling the trigger on purchases that were being contemplated.  In other words the buyers that have been watching the price declines are beginning to sense value and are getting off of the fence and stepping up to bat.

 Search for Orange Beach Condos

Market Comparison Report by Price
Dates: 01/01/2009 to 4/30/2009
  01/01/2008 to 4/30/2008
Property Types: Condo, Multi-Family
Areas: Orange Beach

 

 

 

  Jan 1 – Apr 30, 2008 Jan 1 – Apr 30, 2009 Difference Percentage
Price Range Units Dollars Units Dollars Units Dollars Units  
0 – 29999 0 0.00 0 0.00 0 0.00    
30000 – 39999 0 0.00 0 0.00 0 0.00    
40000 – 49999 0 0.00 0 0.00 0 0.00    
50000 – 59999 0 0.00 0 0.00 0 0.00    
60000 – 69999 0 0.00 0 0.00 0 0.00    
70000 – 79999 0 0.00 2 145,000.00 2 145,000.00    
80000 – 89999 0 0.00 0 0.00 0 0.00    
90000 – 99999 0 0.00 0 0.00 0 0.00    
100000 – 119999 1 115,000.00 1 117,500.00 0 2,500.00 0.00 2.17
120000 – 139999 3 411,000.00 3 387,000.00 0 -24,000.00 0.00 -5.84
140000 – 159999 1 152,500.00 7 1,066,900.00 6 914,400.00 600.00 599.
160000 – 179999 2 347,500.00 3 500,500.00 1 153,000.00 50.00 44.03
180000 – 199999 3 570,000.00 4 757,900.00 1 187,900.00 33.33 32.96
200000 – 249999 6 1,408,000.00 7 1,560,000.00 1 152,000.00 16.67 10.80
250000 – 299999 8 2,192,400.00 7 1,867,500.00 -1 -324,900.00 -12.50 -14.82
300000 – 399999 14 4,796,800.00 31 10,541,703.00 17 5,744,903.00 121.43 119.77
400000 – 499999 21 9,240,500.00 18 8,017,275.00 -3 -1,223,225.00 -14.29 -13.24
500000 – 749999 15 8,766,000.00 23 14,375,501.00 8 5,609,501.00 53.33 63.99
750000 – 999999 2 1,755,000.00 5 3,950,000.00 3 2,195,000.00 150.00 125.07
1000000 – 1249999 0 0.00 0 0.00 0 0.00    
1250000 – 1499999 0 0.00 0 0.00 0 0.00    
1500000 – 1999999 0 0.00 0 0.00 0 0.00    
2000000 – 2999999  0 0.00 0 0.00 0 0.00    
3000000 – 99999999 000 0.00 0 0.00 0 0.00    
Totals: 76 29,754,700.00 111 43,286,779.00 35 13,532,079.00 46.05 45.48

 

Tags: , , , , , , , , , , ,

27
Apr

Twitter Weekly Updates for 2009-04-27

   Posted by: Cal    in Gulf Coast Twitter

Tags: ,

Enjoy life to the fullest at the luxurious Chateau Élan.  

Located in the foothills of the Blue Ridge Mountains, Chateau Élan is also located within 20 minutes drive to Lake Lanier and the Mall of Georgia.  The Chateau includes a full production Winery that is the largest premium wine producer in Georgia.  Winery tours and tastings are available to the public.  The lavish resort has 299 rooms, two restaurants and a spa that you will never want to leave.

Known for its exclusive winery & resort, Chateau Élan also hosts two 18-hole championship golf courses available to the public, Chateau and Woodlands, a 9-hole course for guests at the inn, and a private club known as The Legends.  The golf club has two restaurants, two clubhouses and two pro shops.

There are about 2,000 home sites scattered throughout this 3,500 acre gated and guarded community.  The 63 holes of championship golf wrap their way through the community.  The sport center includes a 4,500 square foot gym, tennis courts, a junior Olympic sized swimming pool and an indoor walking track.  There are seven restaurants and seven different neighborhoods located in Chateau Élan.  Prices start as low as $310,000 and go up to over $4 million.

Search for Chateau Elan Homes .

 

 

Tags: , , , ,

 

This Month in Real Estate from Keller Williams International

Stay in tune with Real Estate Market News – expert opinions and analysis on the latest real estate trends – brought to you from Keller Williams International.

For the latest information on Gulf Coast Beach Home and Condo prices in Gulf Shores, Orange Beach, Ono Island, and Fort Morgan, Alabama, visit The GulfShoresLife.com Team of Keller Williams Alabama Gulf Coast – www.GulfShoresLife.com

Tags: , , , , , , ,

20
Apr

Twitter Weekly Updates for 2009-04-20

   Posted by: Cal    in Gulf Coast Twitter

Read the rest of this entry »

Tags: ,

 

If you are an Orange Beach or Gulf Shores, Alabama resident or newcomer, please feel free to join our social networking site!

 


Visit Orange Beach Social Network – Orange Beach, Gulf Shores, AL

Tags: , , , , , , , ,

13
Apr

Twitter Weekly Updates for 2009-04-13

   Posted by: Cal    in Gulf Coast Twitter

Read the rest of this entry »

Tags: ,

13
Apr

Mortgage Rates April 13, 2009

   Posted by: Cal    in Gulf Coast Mortgages, Real Estate

It looks like the financial markets had a good day.  Breaking through the 25 day moving average, the benchmark Fannie Mae bond is back in positive territory since falling last week.  This is good for rates, and has been reflected in today’s pricing

 

If you would like to get pre-approved for a purchase or refinance, please call 850-221-8334 anytime.


Rates as of 11:40 AM 4/13/2009


30 Yr Fixed Mtg 4.625%
15 Yr Fixed Mtg 4.375%
30 Yr FHA 4.750%
30 Yr VA 4.750%
Reverse Mortgage Call For Rates

Steve Russell
Mortgage Banker
Primary Residential Mortgage
850-221-8334 Cell
850-497-6325 Office

Steve@steverussellonline.com

www.SteveRussellOnline.com

* All rates assume the purchase of a single family primary residence with at least 20% down payment, 740 credit scores, and verifiable income and assets. Rates vary based on borrower profile and property type. Rates are subject to change without notice. All rates also assume a 1% origination fee. Loans with no origination fee and no points may be available at a higher rate.

 

 

 

Tags: , , , , ,

8
Apr

Real Estate Blogs

   Posted by: Cal    in Real Estate, sulumits retsambew

 

Real Estate Blogs are popular for Tech Savvy Web 2.0 Real Estate Agents to communicate!

Not only are they utilized for communicating to potential clients and customers, they are also good for putting out other information as well.

If you are a Real Estate Agent interested in getting a Real Estate Blog for yourself, check with my friend Carolyn for the scoop on where to get a good one! 

Real Estate Blogs

Read the rest of this entry »

Tags: , , ,

21184