– Whole vacant houses: 7,253 (55.5% of all housing models)
— For lease: 4,642 (63.4% rental emptiness fee)
— On the market: 262 (7.5% home-owner emptiness fee)
— Rented, not occupied: 124
— Bought, not occupied: 0
— For seasonal, leisure, or occasional use: 2,127
— For migrant staff: 0
— Different vacant houses: 98
– Whole housing models: 13,063
A resort city on the Gulf of Mexico, Gulf Shores depends closely on tourism, with greater than 5 million guests descending in town in any given yr pre-COVID. Proper now, of the greater than 13,000 housing models in Gulf Shores, greater than 7,000 sit vacant, with simply over 4,600 of these being vacant rental properties. Housing inventory within the area has elevated exponentially within the final yr, with a rise in housing costs as properly.
Author: ” — napavalleyregister.com ”