Forgotten Coast not so forgotten

Published: Thursday, April 25, 2013 at 09:01 AM.

Shoaf noted that she had seen some homes receive up to seven offers.

While not quite the bidding war of the old days, she called it “a rare thing” to see over the past eight years.

Due to bad weather and an oil crisis, the housing market crashed in Gulf County a year before the rest of the country, but Shoaf was pleased to see things turning around.

People who were waiting to sell their homes are reportedly starting to put them on the market.

“The housing market is like the wild west,” said Rish regarding the difference in dynamics between resellers and investors looking to make some money on foreclosures or bank sales, “Each buyer is different.”

At one time the area had part-time residents from cities like Atlanta, Nashville and Birmingham who were forced to leave during the economic downturn.

Rish said that they’re starting to return.

1 2 3 4 5 6

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

▲ Return to Top