The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple Listing Service, Inc. of Baldwin County Area Association of REALTORS®, Inc. Real estate listings held by Keller Williams Realty Alabama Gulf Coast and brokerage firms other than Keller Williams Realty Alabama Gulf Coast are governed by the Multiple Listing Service, Inc. Rules and Regulations and detailed information about them includes the name of the listing companies. The information being provided is proprietary property of the Multiple Listing Service, Inc. and is for consumers' personal, non-commercial use and shall not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
If you watched the entire video, you probably heard Ron Insana say now is the absolute best time to buy a home. His comments are directed at both buyers looking to buy their primary residences and investors looking to buy foreclosures and investment properties.
Is it time for real estate buyers and investors to get off of the fence and into action?
I have been neglecting working on my website featuring Baldwin County Real Estate lately.
We take great pride in the ease of search on the site and I am auditing the site trying to determine what is right and what could be better. So, I have been looking around trying to figure out what needs attention. It is apparent that we get plenty of visitors for Gulf Shores, Orange Beach, and Fort Morgan Homes and Condos, but it is puzzling why we don’t get many visitors to a few of the primary pages of the site. I am pretty sure the reason is that people want to see properties and not to read all about real estate. None the less, here are the pages that are neglected, perhaps you can tell me why:
Perhaps the Baldwin County Alabama Real Estate page is a bit generic and visitors are more in tune with what they are looking for in regards to cities and not the County. As for the Buying and Selling pages, I would guess that since they don’t have any specific information on properties that are on the market, they simply are not interesting for visitors. However, the Listings page is quite nice and features the current listings of our team members. The local information page is also quite useful in that there is a multitude of links to helpful sites in the area that would be helpful to anyone interested in the area.
Take a look and let me know how I might make those pages more rewarding for our visitors!
If you are interested in owning a luxury condo on Alabama’s Gulf Coast and breathtaking views are a top priority, then your new address awaits at Bella Luna. I recently had the pleasure of touring the developers personal penthouse at Bella Luna and was immediately in awe at the panoramic landscape of coastline. The building itself is a contemporary masterpiece of architecture set on the edge of Ole River in Orange Beach, AL.
At Bella Luna it is truly all about the view, which appears to be the sole function in the developers design. Glass panels that stretch from floor to ceiling greet owners at every turn. The transparent construction at Bella Luna allows for a captivating backdrop of emerald water and white sand from each upscale residence, to the elevator ride to the pool, or from the treadmills in the fitness center.
The view from the developer’s penthouse left me speechless, as I gazed out over the most pristine real estate in all of Alabama. I leaned against the balcony rail and absorbed the visual journey of shoreline along the Gulf of Mexico, the calm waters of Ole River, the upscale homes decorating the sandy hills of Ono Island, and the back bays of Orange Beach and Perdido Key.
Bella Luna, Orange Beach, Alabama
In addition to a world class design, Bella Luna offers its owners a more complete experience with deeded gulf beach access and on-site marina with boat slips available for sale. Avid fisherman are just minutes from the open gulf waters from the dock at Bella Luna. If playing in the surf and building sand castles with the kids is a favorite pastime, the beach awaits a short distance from the gates of the complex.
Additional amenities include 3 outdoor pools, 1 indoor heated pool, steam room, sauna, private owners club, movie theatre, dog walk, private security and gated access. Condo prices at Bella Luna range from 470K to over 1 million.
This Week in Real Estate on the Gulf Coast - Gulf Shores, Orange Beach, and Fort Morgan, AL
As the busy summer vacation season begins to wind down with the advent of the new school year, the local real estate market along the Alabama Gulf Coast continues to flourish as a result of great deals. Sellers along the beach have found themselves at the mercy of what buyers are willing to pay in today’s market for a piece of paradise. A large Gulf-front unit in Phoenix 9 recently sold for $700,000, a mere half-million less than its original offer price.
For many beach agents, August has become their most active month to date, with many predicting even greater sales this fall. This surge in sales is the direct result of 35-45% discounts off of seller’s original asking price. The most active price range for condos is 200-400K, with sold price per square foot ranging from $260-$350.
High insurance costs have left some buyers on the fence in terms of pulling the trigger on a second home purchase, while others have turned their attention away from the traditional vacation destinations like Destin, FL due to coastal Alabama’s more competitive prices and lower property taxes.
FHA loans are hotter than ever – and for good reason in a down economy.
These low-cost loans offer a host of financial benefits from recession-weary homebuyers, from low down payments to great interest rates. Thousands of Americans, especially first-time buyers, are flocking to FHA loans.
In fact, the administration guaranteed almost 186,000 mortgages in June, establishing a new monthly record. The FHA has insured more than 34 million properties since its creation in 1934.
Financial flexibility is a major driving force behind the FHA loan’s surging popularity. There are no income restrictions for FHA loans, which require only a 3.5 percent down payment. Some borrowers can actually combine other loans with a standard FHA loan to eliminate the need for a down payment all together.
On top of that, FHA mortgages typically feature lower closing costs than conventional loans. For decades, these low-cost loans have appealed to first-time buyers and those with low and middle incomes. There are no credit score requirements to obtain an FHA loan, meaning prospective borrowers don’t need perfect credit. Even people who have declared bankruptcy or foreclosure can obtain an FHA loan. The administration will examine a borrower’s financial and employment history, along with a few other key indicators.
Many first-time buyers using FHA loans to truly capitalize on the federal government’s $8,000 first-time homebuyer’s tax credit. This unique tax credit can help defray closing costs or down payment expenses.
Borrowers can use an FHA loan to buy a single-family home, up to four-unit buildings (as long as one is owner-occupied) and condominiums. There are also specialized FHA loans for the purchase and rehabilitation of properties through the FHA’s 203k loan program.
Borrowers can prepay on their FHA loans or refinance at any time without financial penalty.
FHA loan recipients work with a price cap. The administration has loan limits that vary by geographic region. The current limit ranges from $271,050 to a maximum of $729,050 in high-cost parts of the country, such as California and New York.
For Baldwin County and the Gulf Shores and Orange Beach area of Alabama, the FHA loan limits are $271050 for a single-family unit; $347,000 for a two-family unit; $419,425 for a three-family unit; and $521,250 for a four-family unit.
Post provided by Brandon Laughridge with MortgageLoanPlace.com
![[Post to Twitter]](http://www.mygulfcoastbeachteam.com/wp-content/plugins/tweet-this/icons/tt-twitter-micro3.png "Orange Beach Condos photo"){kind=icon}
Tweet This Post ![[Post to StumbleUpon]](http://www.mygulfcoastbeachteam.com/wp-content/plugins/tweet-this/icons/tt-su-micro3.png "Orange Beach Condos photo"){kind=icon}
Stumble This Post 
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=6de506e1-cc2c-4b96-9cbf-9ef8386d394b "Should serious buyers of real estate be getting motivated? photo")
DandyID
ActiveRain
Digg
MyBlogLog
MapMyRide
WordPress.com
MySpace
YouTube
Technorati
Stumbleupon
Twitter
Linkedin
Mixx
SlideShare
Ziki
Friendfeed
lifestream.fm
Blip.fm
BackType
Flickr
Picasa
Propeller
Squidoo
Thesixtyone