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Real Estate Blog
Friday, 22 May 2009

Now you can search for Mississippi Gulf Coast homes in Bilox, Ocean Springs, Gulfport and d'Iberville in 12 different languages using the best real estate web site on the Gulf Coast.

We are really thrilled to include in our web site Yahoo Babel Fish actuator that allows a visitor to translate all of our real estate information into Spanish, Russian, Portuguese, Korean, Japanese, Italian, Greek, German, French, Dutch and two Chinese dialects. Our web site, www.alndee.com is the first real estate web site on the Mississippi Gulf Coast with this translation feature.

Please stop by and check us out!

 

 

POSTED BY: Al & Dee AT 06:02 pm   |  Permalink   |  E-mail this
Wednesday, 20 May 2009

Biloxi, Miss. -- REStats, a real estate affiliate that tracks performance of real estate companies on the Mississippi Gulf Coast, announced today that RE/MAX by the Gulf franchise sells homes faster than the top six local real estate franchises.

According to the statistics maintained in the Gulf Coast Multiple Listing Service (MLS), the average days a home is on the market is less of the homes listed with the RE/MAX franchise for the first quarter in 2009.  Century 21 franchise on the MS Gulf Coast average days on the market (DOM) was listed at 177 days, followed by the Assist to Sell franchise at 168.5 days on the market, and the Prudential franchise followed by their listed homes selling in about 154.1 days.  The Coldwell Banker franchise on the MS Gulf Coast sells their listed homes in an average of 153.4 days, followed by Keller Williams franchise averaging 152.8 days on the market.  The RE/MAX franchise on the MS Gulf Coast sells their listings in an average of 119.7 days, that is almost two months faster than Century 21. REStats reported a variation of 2.5%

We believe the reason we sell homes faster than the average real estate Associate on the MS Gulf Coast is because of our marketing strategies that places all of our listings "Above the Crowd."

When you know of anyone that is considering buying or selling a home, allow us provide them service beyond what they would expect. The highest compliment our friends can give is the referral of their friends, family and business associates.

Thank you for your trust. 

POSTED BY: Al & Dee Allegue AT 08:08 am   |  Permalink   |  E-mail this
Monday, 18 May 2009

Just over two months ago, the Making Home Affordable (MHA) program delivered much-needed relief to distressed homeowners in Biloxi, Ocean Springs and Gulfport, Mississippi.  As soon as the program became available, we were able to assist 16 distressed families keep their home instead of falling into a Short-Sale and Foreclosure.  We at The Al & Dee Real Estate Team have established a "Helping Distressed Homeowners" Counseling program whereby any homeowner behind on mortgage payments, loss of employment, or facing foreclosure, can be educated in other available options.

Our responsibility to the Mississippi Gulf Coast community is to try and help as many distressed homeowners as possible keep their home with little or no impact on their credit.  This is a free service provided to anyone that feels there is no other way out than Foreclosure. We help homeowners understand other options such as Loan Modifications, Short-Refi, Refinancing at lower interest rates, and other.

HUD has requested a $100 million investment in our Housing Counseling Assistance Program for fiscal year 2010, a $35 million increase from our 2009 budget. This investment will help further support the work of HUD-approved housing counsellors across the nation, who play a key role in ensuring that borrowers can take part in the modification and refinancing options made available through Making Home Affordable. You can get additional information by visiting www.financialstability.gov.

For additional information please visit www.GulfCoastDistressed.com or contact us directly.

Wishing you the best... Al & Dee

POSTED BY: Al & Dee Allegue AT 08:00 am   |  Permalink   |  E-mail this
Saturday, 16 May 2009

 

How do we know whether the market is normal or not? The National Association of REALTORS defines a normal market when it has a six month supply of homes for sale, a buyer's market when there is more than six month supply and a seller's market when their is less than six month supply.  The current Absorption Rate Chart for Biloxi, Ocean Springs, and Gulfport on the Mississippi Gulf Coast reflects that we have what we call "Micro Markets" within the overall real estate market on the Gulf Coast. We have compiled this data using data from the Gulf Coast Multiple Listing Service (MLS), REStats.com sales of all local real estate companies, and our own tracking of where homes are selling.  The definition of Absorption Rate is the number of weeks it takes to sell the current inventory at the present rate of sales. Absorption rates tells us how many months of supply is on the market based on historical data. For our purpose, we have been tracking these sales and projections since Hurricane Katrina. Our overall market is still a buyer's market, but there are some unique neighbourhoods within the overall market that are a very normal market and in some areas it's a seller's market.  If you need specific information about your home and how it may compete in this Micro Market, contact us.  All our best Al & Dee.

POSTED BY: Al & Dee Allegue AT 12:49 pm   |  Permalink   |  E-mail this
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Al & Dee Allegue, ABR, ABRM, CRB, CRS, GRI, SRES, SRS
The Al & Dee Real Estate Group
RE/MAX by the Gulf
770 Water Street
Biloxi, MS 39530
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