Here we are waiting for the first storm of the season to come ashore in Gulf Shores and seems that it will be a tropical depression when it gets here. That is good. We are setting set up for the 2013 National Shrimp Festival which will be toward the end of the coming week. If you have never visited the festival, you should do so this year. Plenty to see and plenty of seafood, great seafood. The real estate market continues to churn along with Median sales in Gulf Shores, of homes under $500,000 at $186,250. Low of $55,000 and high of $450,000.
Average Gulf front Condominium sales in Gulf Shores is $267 a square foot, with 108 listed at present. Orange beach is showing $255 per square foot with 165 units listed directly on the gulf.
Hope to see you here for upcoming events or to just enjoy the experience.
Red Snapper and Shrimp
Good news for the area. Gulf of Mexico's chief fisheries manager announced yesterday that he is authorizing a 14-day fall season opening at 12:01 a.m. Oct. 1 through 12:01 a.m. Oct. 15. The daily bag limit will remain two, 16-inch-or-longer fish per person per day. Earlier this year, statistics revealed that the latest red snapper stock assessment showed its population rebuilding faster than previously believed. This is great news for charter boat operators and should help them continue their business. The 42nd Annual National Shrimp Festival will occur during the last week of the Snapper season, bringing many visitors to Gulf Shores and Orange Beach. You should come see us too!
Rates and Buying
Today 30 year fixed rate at 4.750. The sales increase is 12+% over this time a year ago. Activity is up because economy is better, however, the major high end purchase of late is automobiles.
Here is a thought. Automobiles begin to depreciate as soon as signature is on the dotted line, however, real estate will always appreciate over the long haul. Just saying.
We have some great buys along the Gulf Coast here in Gulf Shores and Orange Beach. Tell your friends and family. This is a great time to buy property and enjoy the better times ahead.
LOOKING FOR LAND IN ALL THE RIGHT PLACES
Looking for the perfect Lagoon Front lot in Gulf Shores, Alabama. This lot near World class golf courses, public boat ramps, to lagoon and to Intracostal Waterway Canal, then to the world...look no more! Check with your local Realtor
Gulf Front Condo Sales and SEC FEST
Hello from the Gulf Coast of Alabama. Many happenings going on. The second annual SEC FEST this weekend with “old school” coaches, Billy Brewer (Ole Miss), Frank Broyles (Arkansas), Vince Dooley (Georgia), Phillip Fulmer (Tennessee), Pat Dye (Auburn) Gene Stallings (Alabama) and RC Slocum (Texas A&M). There will be meet and greet with the coaches, Auburn Fans at Compleat Angler Seafood Grille & Bar, SEC East Fans at Baumhower’s Restaurant at The Wharf, Alabama Fans at LuLu’s at Homeport Marina Gulf Shores, and, SEC West Fans at Cobalt the Restaurant under the Pass bridge in Orange Beach.
School begins here in Gulf Shores and Orange Beach on Monday so the beaches will be full of those enjoying their “last hoorah.” Rain, we have had rain, with more forecast. I look at is as Raining Opportunity, and offering folks to get wet! Our real estate market is doing very well, both gulf front and inland. Single family homes doing well.
Gulf front condominium sales in past 6 months with 444 sales average price $390,00, with a range of $75,000 to $1,935,000
The high end are Turquoise Place units, some with $200,000 or $300,000 buyers assist, generating $80,000 +/- rental income to investors.
Call me 251-752-2051 or email email@example.com
Rain and football
Continues to rain here in Gulf Shores and Orange Beach along the Gulf of Mexico. Fortunately, there are many great restaurants and “dives” here to ease the pain. There are world class condominiums, gulf front, affording a dry and panoramic view of the gulf, such as Turquoise Place C and D. 24 and 30 story all glass front luxury condos generating $75,000 or more in rental income for owners. 251-752-2051 is a good place to start looking for your own unit.
When the sun reappears, and it always does, there are a myriad of water sport activities, golf courses, and day tours to very exciting destinations. This week we have the 2nd annual SEC Beach Fest, featuring all that is good about SEC Football. The event will be held at the main public beach in Gulf Shores, with a Friday night concert featuring “Bayou Soul” style of Louisiana native, Marc Broussard, blending rock, R&B and blues and wrapping it all up with a Southern twist. On Saturday night, Rodney Atkins, whose no. 1 singles include “If You’re Going Through Hell (Before the Devil Even Knows),” “These Are My People,” and Platinum hits like “Take a Back Road” and “Farmer’s Daughter.” Both concerts are scheduled to start at 8 p.m. and are free with your SEC Beach Fest ticket.
It will be great fun, so come on down. You will like it here.
Living with the parents?
The news reports that 36% of young adults fail to Launch. Continue to live at home with the parents. The cost to parents is estimated to be $8 to $20 thousand per year. The way I approached that situation, before I knew there was a name for it, was to gift that amount and help obtain financing for their own home. They are both on their own now and doing well, saving the aforementioned amount yearly. Of course, they did have employment and some sort of credit rating, which is another subject altogether. Here in Gulf Shores and Orange Beach, there are many affordable homes, and financing is available. The entire Gulf Coast area offers many affordable homes/condos. Come see us!
Gulf Shores and Orange Beach Entertainment
Plans are beginning to come together for a 500-acre entertainment development and city sports complex that could generate more than $100 million in annual sales and employ nearly 3,000 people in south Baldwin County. A blockbuster group that holds the rights to comedians Jeff Foxworthy and Larry the Cable Guy and has the backing of singer Tony Orlando will reportedly root itself in south Baldwin County by opening a complex described as a mix of Branson, Mo., and Six Flags. The development has been called Blue Collar Country and it would be home to performance venues such as an amphitheater, hotels, an RV resort, retail shops rides, restaurants and other amenities. The first phase of the project would bring an estimated $175 million of investment into Alabama, create 450 construction jobs and 1,400 permanent jobs locally, according to county records. The city of Foley has additional plans to create a 100,000-square-foot indoor event center as well as outdoor sports fields to complement the Blue Collar group’s project. According to city officials and county records, more than 500 acres have already been purchased on the city’s south side for roughly $12 million. The property is located at the northwest corner of the Foley Beach Express and Baldwin County Road 20. Fern Ave in Foley is reportedly being extended to Foley Beach Express which will aid emergency vehicles enroute to local medical facilities.
Selling and Dining
Today, something about me and what I do. I am successful because of specializing in finding my clients the property for which they are looking, based on their stated wants and needs.At the same time, determining their true desires, based on my interaction with them.I have access to lenders, inspectors, appraisers, pest control services, handymen and builders, title companies, and other vendors which fit my clients needs.
I have success in reaching the desired outcome for my client, through negotiations with the other party as well as the client if the need be.
Now the weather, after the commercial, it is raining today but will be clear and warm this week end. The Blue Marlin Grand Championship Tournament at The Wharf in Orange Beach, Alabama continues in spite of the rain. Gulf front condominiums continue to sell at good rate, with increase in prices. Toward the end of max rental season we expect an increase in inventory and as a result an increase in sales.New dinning in Gulf Shores, GooRoos in the old Big Os building (Bella Luna for short time) with great seafood.Brick and Spoon opened on Canal Road across from Lesters in Orange Beach. Great food, open 7-3, try when you come.Golf and Gulf Beaches and The best locally grown seafood you can enjoy, all in one place.Come see us, stay awhile, call me.
Blue Marlin and Dining
There is a Blue Marlin Grand Championship Tournament at The Wharf in Orange Beach, Alabama, today through the weekend.Open to public, many boats, fashion show, live music and all the usual suspects, Baumhower's, The Compleat Angler, Ginny Lane, and The Villagio Grille, all providing world class dining. And do not forget the Boat bar, Island Time Daiquiris, and the new Bimini Bobs.
Come see us and play at our beautiful Gulf Beaches, Fish the Gulf and back bays, play golf at the many local courses, and enjoy all that Orange Beach and Gulf Shores has to offer, on the Alabama Gulf Coast.
Condominiums, Gulf front homes,retirement and vacation playground.it is all here.