Monday, September 12, 2011

Too Many Foreclosures to List?

   With the national news constantly talking about the housing crisis, and the over saturation of foreclosures, it wouldn't surprise me if people were a little shy to list right now.  Afterall, how could your condo possible compete?  Well, if you own a gulf front condo here in Baldwin county, I'm here to let you know, our outlook is a bit different.

   In fact, according to Baldwin County MLS today, there are only TWO gulf front condo foreclosures on the market.  Two out of 637 active gulf front units.  Anyone that is looking to buy a gulf front foreclosure, will soon see that they do not have many to choose from.

  This time last year there were over 1700 listings in the beach areas of Orange Beach, Gulf Shores, Perdido Key and Fort Morgan.  Today there are just over 1100.  Basic economics priciples say this, when supply is down, demand is up.

Let's get your unit listed and priced right!

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