Featured Property: Watefront Home in Orange Beach

461059-30Owner/Broker Susan Carleton’s newest listing is a rare opportunity when it comes to Orange Beach, Alabama real estate. Located off of Bay la Launch, this home showcases impressive waterfront views to the east, west and north.

The one-of-a-kind location of this home presents the unique ability to witness both sunrises and sunsets on the beautiful bay. Overlook these painted skies from the spacious deck or enjoy them on the private dock and pier. For boaters and water lovers alike, a home does not get much better.

Built in 1970, this waterfront residence has stood the test of time. 27611 E Beach Boulevard spans approximately 2,076 square feet and offers four bedrooms, three baths and a large two-car garage. The open floor plans carries throughout the home, from the sunroom that overlooks the water to charming eat-in kitchen.

Although quietly tucked away from the hustle of daily life, this home is centrally located to all area attractions, including the beautiful beaches of Orange Beach and Gulf Shores. Experience the charm of this home first hand and take a virtual tour of this listing.

For more Gulf Coast real estate opportunities, contact our Pointe South team today.

Gulf Coast Housing Market

IMG_0024The new year brought about new predictions regarding the US Housing Market. Among those were rising home prices, decreasing inventory due to stalled construction and growing ease between lenders and loans.

Now that we are a quarter of the way through with 2014, it is time to reflect and potentially regroup on the status of the market.

Clear Capital®, the premium providers of data and solutions for real estate asset valuation and collateral risk, recently released its market report with data through March 2014. As a whole the data indicates that housing prices remained steady and the keys for continued stability will lie within the transition from investor to traditional home buyer demand.

What does this mean for real estate in Alabama and Florida? Well, keeping in line with the national averages, the area market suggests higher median prices that are becoming steadier. However, something to be noted is that the struggle for inventory, be it for investment purposes or traditional home buying, is more stable than the national average with a solid number of new listings, according to the latest housing data released by Florida Realtors®.

To see how real estate in Perdido Key, Pensacola and Orange Beach is doing specifically, check out our monthly housing market report.