Condos in Gulf Shores Blog » 2009 » September

As I went through my list of people who have requested to be notified when I update the Market Watch page of my website, I was reminded how many people e-mail and call about looking at foreclosure listings in Baldwin County.

While foreclosures are a significant part of the market, I always try to remind prospective buyers that they are not the entire market.  In fact, contrary to what you may think, traditional sales still make up the majority of the transactions in Gulf Shores real estate.

Here is how it breaks down as of September 15, 2009 for the Pleasure Island area:

So here’s the point.  Our real estate market does not totally consist of foreclosure listings in Baldwin County.  In fact, there are many sellers that are motivated enough price their properties aggressively enough to compete with the foreclosures.

If you, as a buyer, limit yourself to looking at foreclosures alone, I think you may miss some good buys.

If you would like to learn more about foreclosures or the real estate market in general, I hope you will give me a call at 251-978-7118 or shoot me an e-mail.