Shannon Hesse Smart - South Coast Properties

04/11/2025

Are you hearing all the talk about a recession and wondering what that would mean for the housing market? Here’s what the data tells us about every recession going back to the 1980s.
While everyone remembers 2008, what happened then wasn’t the norm. That was the only time there was a big drop in prices. It hasn’t happened since.
And mortgage rates? They usually come down – but don’t expect the return of 3%.
While the answer to whether we’re headed toward a recession is uncertain, you don’t have to worry about what that would mean for housing.
What else are you hearing about the housing market that you’d like more information on? DM me or drop a comment below.

And mortgage rates? They usually come down – but don’t expect a return of 3%.an for the housing market? Here’s what the data tells us about every recession since the 1980s.

04/11/2025

This bright and shiny rental in Fairhope is MOVE IN READY NOW! Great location, small, quiet neighborhood just minutes from all that Fairhope has to offer. Check it out!

Clean and ready to move in! Completely redone, large floorplan in Spring Lake. Over 1900 square feet - vaulted ceiling, split floorplan, granite countertops, stainless appliances & NO CARPET! Separate dining room would make a great office or second den space. Double garage.

04/07/2025

The ‘Liberation Day’ global tariffs brought little joy to financial markets across the globe, with stock markets down big and recession risks ratcheting higher. The silver lining for our real estate market is that 10-Year US Treasury Bond yields fell to near 4% on April 3, and mortgage rates should follow them lower. Hope you enjoy my update on national and local real estate - have a great Monday.

National news and local views for the week

04/07/2025

The ‘Liberation Day’ global tariffs brought little joy to financial markets across the globe, with stock markets down big and recession risks ratcheting higher. The silver lining for our real estate market is that 10-year US Treasury Bond yields fell to near 4% on April 3, and mortgage rates should follow them lower. Hope you enjoy my update on national and local real estate!

National news and local views for the week

04/06/2025

**✨ JUST SOLD in Fairhope, AL! 🏡**
Congratulations to our buyers on securing this stunning remodel at **7 Summer Lane, Fairhope** — sold for **$1.1M** 🌿

This beautifully renovated home is nestled under majestic oaks just minutes from **downtown Fairhope**, combining charm, privacy, and prime location.

At South Coast Properties - Alabama , we excel at representing buyers with integrity and expertise. If you're searching for your dream home on the Eastern Shore, let's talk!

📞 205.305.7200
🔗 [MyBaldwinAgent.com](http://mybaldwinagent.com)
📍 Fairhope | Daphne | Spanish Fort | Coastal Alabama

04/06/2025

Overpricing your house could cost you more than you think.
Data shows the longer a house sits, the less it sells for. And here’s why. If a house is priced at or just below market value, it typically sells quickly. But if a house is priced too high, it lingers.
As time wears on, it's more likely you’ll have to accept a lower offer, or you’ll need to make a price cut to draw buyers back in. And that’s not the experience you want.
Want to make sure your home sells quickly and for the best price? Let’s talk. With an agent’s expertise on your side, it’s easy to price it right.

04/05/2025

While we’re still below pre-pandemic inventory levels, the number of homes with a for-sale sign in the yard is going up by the day. And breathe a little sigh of relief, because they’re taking a few days longer to sell, too.
Not only does that give you more choices when you move, it means you have more time to make thoughtful decisions while you’re at it. And oh, by the way – there will be demand for your house when you move because buyers are heating up right now. Win. Win.
So, if you pressed pause on your search last year because you couldn’t find the right fit, this could be your moment to start looking again.
What will it take to reignite your home search? Let me know, and we’ll make it a priority.

04/03/2025

Point Clear townhome for under $300k!
Gleaming floors, primary bedroom downstairs, minutes to downtown Fairhope. Lawn care included in HOA!

https://www.homes.com/property/17487-pandion-ridge-fairhope-al/0mx2y64q3mcv0/?l=5nqlhse2br6fk

04/02/2025

Thanks to all 20 Realtors that attend my open house today at 21603 Veranda Blvd! As you can see, Jill Delamore with Mobile Bay Realty is thrilled that she won the fabulous basket donated by Joline Beedy with Regions Mortgage! (And yes, I know the video quality is bad, but that would be the Apple to Android curse.)

04/02/2025

🌳🏡Join us for The Verandas Broker’s Open House Tour in beautiful Fairhope, AL on Wednesday, April 2nd from 11:00 AM – 1:00 PM!

Tour 5 stunning homes, enjoy delicious bites, and enter to win fabulous giveaways — all while networking with top local agents and industry partners!

Featured Homes & Treats:
1. 21685 Veranda Blvd – Michelle Bigler, Wise Living Real Estate
Bay Mortgage will be providing sandwiches, and Michelle will be providing a variety of beverages.

2. 21603 Veranda Blvd – Shannon H. Smart, South Coast Properties
Enjoy Shannon’s famous deviled eggs and enter to win a $50 gift basket courtesy of Joline Beedy with Regions Mortgage.

3. 21657 Veranda Blvd – Corte & Butler Team, Legacy Real Estate & Development
Wendy Butler is providing delicious desserts.

4. 21973 Veranda Blvd – Whitney Sherling, Butler & Co. Real Estate
Mimosa Bar + Provision gift card provided by Brandon Reed with Local Bank.

5. 10923 Atrium Ave – Keara Hunter, Keller Williams Alabama Gulf Coast
Brian Britt with Fairhope Title will be providing International Goat’s variety of dips.

To be entered into the giveaways, agents must drop a card at all 5 homes!

A huge thank you to our generous sponsors:

Bay Mortgage Company, Local Bank, Regions Mortgage – Joline Beedy, and Fairhope Title Services – Brian Britt