While this article is not directly about Alabama law, it concerns a city where I lived for many years.
For those looking for a good deal on real estate on the Alabama Gulf Coast, look no further than Foley. While you cannot acquire beachfront property there, you can get a new home with a few minutes of the beach. And now is the time to buy.
Foley leads all of Baldwin County in the number of empty subdivisions. It is hard to drive around Foley without running into a neighborhood where nobody lives.
As we all know, when supply exceeds demand the prices on the supply plummet.
If you are looking for a deal on real estate, now is the time to make an offer in Foley.
For more information, see this article from today's Mobile Press Register.
http://blog.al.com/pr/2009/05/foleys_empty_subdivisions_1.html
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