This has been a great summer for us on coastal Dauphin Island. Although sales continue to be slow, the home and residential lot market has stabilized with several new closed and pending transactions of homes and lots.
Home construction continues on all parts of the island and inquiries from 2nd home buyers, full timers and investers about local builders continues to grow.
With such a good vacation rental market and a growing residential market in Mobile the prognosis is for continued strengthening and a return to appreciation in the mid-term.
Publicity over our towns new West End public beach on Dauphin Island increases profile among nearby buyers who remain our principal source of home sales. The press about the billions ThyssenKrump and Northup Grmana/Airbus/EADS are now or plan to invest in our area also generates inquiries. Even the protest by Boeing generates headlines aound the world directing eyeballs to our little Gulf Coast jewel.
How are the coastal markets in your areas?
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