Caribe Resort Condominiums in Orange Beach, Alabama

by Cal on November 7, 2008 · 11 comments

in Orange Beach

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Caribe Resort Condos in Orange Beach, AL

Caribe Resort Condos, Orange Beach, AL

Caribe Resort Condos, Orange Beach, AL

Imagine being able to enjoy wonderful views of the Gulf of Mexico, Perdido Pass, Cotton Bayou, Ono Island, Terry Cove, and Perdido Bay.  Imagine watching all the boaters passing by during the day and observing all the fun activities on Robinson Island and Bird Island.  What about all of the beautiful reflections in the bay at night?  Caribe Resort has all of this and we haven’t even mentioned the resort class ammenities they offer.

Check out all of the Caribe Resort Condo listings!

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{ 8 comments… read them below or add one }

1 Kevin Koitz November 7, 2008 at 3:13 pm

Cal - well done…looking great here. Love this theme…I’ll give it the “evil eye” and get back to you…

2 Carolyn Gjerde-Tu November 7, 2008 at 3:37 pm

This theme is rebel yet elegant. Nice looking site.

3 Eric Bramlett November 7, 2008 at 3:43 pm

Testing comment….Cal, please let me know if you get the moderation email.

4 Cal November 10, 2008 at 9:50 am

Thanks for the comments guys! Please check out this post, this site should get added to the list soon http://www.ericbramlett.com/blog/do-follow-real-estate-blogs/

5 David G November 21, 2008 at 8:25 am

Are people buying in Orange Beach or Gulf Shores these days? I am embarrassed to admit what I paid for a unit at Crystal Shores at the peak of the market a couple years ago. Anyone see a day where we’ll see 2005 prices again?

http://www.realestateexpress.com

6 Cal November 21, 2008 at 8:44 am

Hi David,
We have done quite well this year with buyers. That said, the buyers that are out there are looking for quality and value. Most are investing cash and not contingent on financing and many will be end users. It is sad that real estate prices all over this country were so hyper pumped up by years of excessively low interest rates which in turn drove builders to over develop. Of course, we don’t have a crystal ball, but we look forward to the day when all of these financial excesses that keep dominoing into all of the sectors of our economy are faced up to and we can move forward. There are many great opportunitys for buyers at present, but things aren’t so rosy for sellers. This will change over time. I encourage you to watch these two videos - what happened, how we got here, where do we go from here - http://www.mygulfcoastbeachteam.com/this-month-in-real-estate-special-report-what-happened/

7 David G November 21, 2008 at 9:42 am

Thanks, Cal!
Very clearly presented!
So, it sounds like my expensive beach condo in Gulf Shores may remain an inexpensive beach condo for many years.
What if I wanted to get out of it? What are my options?

8 Cal November 21, 2008 at 10:24 am

David,
We don’t predict the future. But if you wanted out I would recommend aggresive pricing to sell. With limited numbers of buyers, a seller must have the absolute best value in the complex to get to closing. We have watched for 2 years where sellers were not willing to price aggresively and they simply followed the market down. Even those that ultimately reduced prices multiple times, but did not make theirs the best deal in the building simply watched more value evaporate by being listed just a little higher than they should have been on each and every price reduction. End users don’t really have a problem though - if it was purchased for your enjoyment then enjoy it! Here is a great article that I have only been able to get half way through this morning. http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom

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