Baldwin forecast: strong economy, soft housing market

The economic forecast is strong in Baldwin County, but the real estate market is soft, according to the latest reports from the Center for Real Estate Studies at the University of South Alabama.

The median price for a Baldwin County home in 2007 was $211,250, an 8.2 percent drop compared with 2006, according to the center’s residential housing market report for Baldwin. The median price means half the homes sold for more and half sold for less.

Baldwin forecast: strong economy, soft housing market