In a recent 30-day period, the owners of 44 homes for sale on the Eastern Shore reduced their asking prices. Those 44 homes accounted for 14 percent of all homes on the market in Spanish Fort, Daphne and Fairhope.
Earlier this year, such price reductions were unheard of. But …
April, 2022
The Fed acted March 16, raising the rate tied to all borrowing, in an effort to fight inflation.
And just like that, the hot housing market started to cool.
Reality hit hard and fast. Buyers who were focused in out-bidding competitors for a home were shocked to …
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Eastern Shore home sales shot up 41 percent in June, but a dip in pending sales points to the typical mid-summer slowdown.
In Spanish Fort, Daphne & Fairhope, pending sales dropped 17 percent at the first of July
So here’s what’s happening in Spanish Fort, Daphne …
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