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Mobile, AL Real Estate News

By James Pendleton
(Exit Realty Lyon)
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory January 2008 182 $122,856 $119,721 97.45% 79.0 1743 9.58 February 2008 209 $153,035 $149,288 97.55% 83.0 1812 8.67 March 2008 229 $146,062 $142,848 97.80% 77.0 1861 8.13 April 2008 231 $158,730 $154,935 97.61% 74.0 1904 8.24 May 2008 298 $161,066 $155,338 96.44% 89.0 1900 6.38 June 2008 256 $177,680 $174,562 98.25% 92.0 1949 7.61 July 2008 248 $157,733 $154,071 97.68% 78.0 1965 7.92 August 2008 212 $150,324 $145,890 97.05% 73.0 1996 9.42 September 2008 201 $151,130 $147,741 97.76% 88.0 1999 9.95 October 2008 185 $128,779 $124,355 96.56% 76.0 2014 10.89 November 2008 120 $164,359 $157,059 95.56% 68.0 2047 17.06 December 2008 177 $137,448 $130,274 94.78% 78.0 1926 10.88   Total ...
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By Julie Martin, Realtor, Broker - Gulf Coast Real Estate
(Port City Realty)
Everyone should bring their families downtown Friday night, December 4th and enjoy all the holiday fun at Mobile's first North Pole Stroll. The event will be from 5:00-8:00. As you would expect on a North Pole Stroll it will be snowing!! (regardless of the temperature) The businesses on Royal Street have gone all out and the streets will be all lit up.  The tree is up in Bienville Square and children will be able to drop off their letters to Santa in a special box there. Other fun activities to enjoy will be: A "Stroll Train" will be offering free ridesChildren's activities at the Explorem and Museum of MobileStorytime in the lobby of the Battlehouse HotelCarolers and other live entertainment And there will be a balcony decorating contest at the Hamption Inn  You can vote on your favori...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 11-24-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 11/24/2009 Single Family Homes and Condominiums New Listings 28 Price Reductions 25 Price Increases 3 Back on Market 3 Pending Transactions 8 Sold Transactions 18 Withdrawn from the Market 4 Expired Transactions 4 NET GAIN/LOSS (LIST...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 11-23-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 11/23/2009 Single Family Homes and Condominiums New Listings 32 Price Reductions 17 Price Increases 2 Back on Market 1 Pending Transactions 22 Sold Transactions 22 Withdrawn from the Market 25 Expired Transactions 10 NET LOSS (LISTIN...
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By James Pendleton
(Exit Realty Lyon)
Well if you would have came to me about 2 years ago with that question. I would not have hesitated to tell you sue lets find you the house you want and get a offer written. We would have sat down at the office and followed a buyer process that delt with various steps toward home ownership. After a initial consultation and a few questions on what you were looking for. We would then search the MLS and look around the city for properties that would fit your preferences. Maybe lining up anywhere from 20 to 30 house and then narrowing them down to about 10 and then actually looking at about 5 of them. After picking what you want we would write a offer on the property and begin to negotiate on price with the listing agent to reach a meeting f the minds to close the deal.Not even a thought abo...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 11-17-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 11/17/2009 Single Family Homes and Condominiums New Listings 25 Price Reductions 28 Price Increases 4 Back on Market 6 Pending Transactions 9 Sold Transactions 10 Withdrawn from the Market 14 Expired Transactions 4 NET LOSS (LISTINGS...
Comments 1
Historic Mobile is always filled with adventures and events each week of each year.  Walk around downtown Mobile or take a walking tour of the historic homes and feel the presence of the past-Mobile's history and its people. Also, consider the following November events in the downtown area of historic Mobile.    The "Greek Fest" is from the 5th to the 7th of November, 2009 and experience the sights and sounds of a "Holiday in Greece!"  The event is located at the Annunciation Greek Orthodox Church on Ann Street between Dauphin Street and Government Street.  A delicious "Taste of Greece" with entertainment on the grounds of the Hellenic Center next to the church always has many people enjoying live Greek dancing and music. There will be an abundance of wonderful traditional food, such as...
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The city of Mobile and the other communities within the Mobile Bay Metro Area (Baldwin County, Mobile County, Alabama) have the opportunity to capture many more economic projects if, as area businesses and residents, we continue to stand together "as one!" We must all participate in the promotion of our area, whether it's in a small way or a big way.  You can contribute with only a smile to a weary traveler visiting our area (they might be moving here or relocating their business) or keeping the trash picked up around your home.  Landscaping, mowing the lawn, or volunteering to assist with your educational talents are certainly other ways to place your positive mark upon our metropolitan bay area. Also, even more small and large businesses should consider banding together, promoting our...
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By Bryan Dasilva
(ForeclosureDataBank.com)
Imagine owning a home with 4/2 beds and bathrooms. Many of the people in the world find it difficult to pay for a one bedroom home let alone a 4-bedroom home with two baths. The fact is since the economy has hit rock bottom many people now can own this kind of home and all they have to do is to look in the Mobile foreclosures listings. Right now, you can buy a four bedroom home with two baths for as little as $50,900.00, and pay as little as 4.61 percent interest rates on that loan. Mobile foreclosures are easy to find. The Internet is saturated with foreclosed listings, Bank Foreclosures, federal and government homes, HUD homes, and so forth. At this time, the unemployment rate in Mobile, Alabama is 7.3 percent, which compared to national average that is 6.9 percent. Mobile, Alabama is...
Comments 1
By Julie Martin, Realtor, Broker - Gulf Coast Real Estate
(Port City Realty)
Though the temperatures might argue otherwise, the holiday season is quickly approaching, and it's time to begin planning for decorations and activities to draw folks downtown. In recent years Downtown Mobile has been woefully unadorned for the holidays, but an energetic group of Royal Street businesses have decided to make downtown THE place to visit to see fun and fancy decorations. See the story below for details on how you can participate.In the meantime, enjoy the fabulous fall temperatures... take a walk at lunch to see the new plantings...come down for the countless events... contribute to the great street scene the defines downtown!   For obvious reasons we love announcing new businesses that have located or moved downtown, but we especially love it when the business is an entir...
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By Julie Martin, Realtor, Broker - Gulf Coast Real Estate
(Port City Realty)
The below chart shows recent sold properties in the City of Mobile, for the past six months of HUD properties that sold during the first two weeks, with the percentages of List/Sold and List/Net.  Purchase Price Net Price List Price % List/Sold %List/Net $90,101 $82,893 $100,000 90.10% 82.89% $38,000 $34,960 48,000 79.17% 72.83% $72,000 $66,240 $72,000 100.00% 92.00% $73,000 $67,160 $76,000 96.05% 88.37% $35,127 $32,327 $45,000 78.06% 71.84% $85,000 $78,250 $95,000 89.47% 82.37% $150,100 $138,092 $159,000 94.40% 86.85% $89,000 $82,750 $108,900 81.73% 75.99% $32,000 $29,440 $31,000 103.23% 94.97% $35,000 $33,250 $40,000 87.50% 83.13% $53,000 $48,760 $53,000 100.00% 92.00% $106,000 $97,520 $106,000 100.00% 92.00% $91,000 $84,950 $108,000 84.26% 78.66% $83,000 $77,350 $90,000 92.22% 85.94%...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 10-07-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 10/07/2009 Single Family Homes and Condominiums New Listings 10 Price Reductions 13 Price Increases 2 Back on Market 1 Pending Transactions 10 Sold Transactions 5 Withdrawn from the Market 7 Expired Transactions 1 NET LOSS (LISTINGS)...
Comments 1
By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 10-06-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 10/06/2009 Single Family Homes and Condominiums New Listings 7 Price Reductions 9 Price Increases 1 Back on Market 0 Pending Transactions 11 Sold Transactions 8 Withdrawn from the Market 8 Expired Transactions 6 NET LOSS (LISTINGS) 2...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 10-03-09 and 10-04-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 10/04/2009 Single Family Homes and Condominiums New Listings 0 Price Reductions 2 Price Increases 0 Back on Market 0 Pending Transactions 0 Sold Transactions 0 Withdrawn from the Market 0 Expired Transactions 8 NET LOSS (...
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By James Pendleton
(Exit Realty Lyon)
Who says there is a recession. At first when the market was good we are where on top of the world with sellers selling and buyers buying and mortgage people handing out loans like it was no bodies business. Then things began to slide and my phone stopped ringing. It was if everyone just disappeared. No business. We all had to find alternative means to generate income to take care of our families. Now things are changing and are on a upswing. The power of positive thought is the key. Now I know just thinking about something won't put money in your pocket but I know for sue positive thought can play a major role in what becomes tangible. I have always been a positive person and now believe the RECESSION IS OVER! I actually began that thought a short time after it began. I refused to excep...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 10-02-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 10/02/2009 Single Family Homes and Condominiums New Listings 19 Price Reductions 17 Price Increases 0 Back on Market 3 Pending Transactions 11 Sold Transactions 15 Withdrawn from the Market 13 Expired Transactions 12 NET LOSS (LISTIN...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 10-01-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 10/01/2009 Single Family Homes and Condominiums New Listings 16 Price Reductions 8 Price Increases 2 Back on Market 0 Pending Transactions 15 Sold Transactions 14 Withdrawn from the Market 8 Expired Transactions 30 NET LOSS (LISTINGS...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 9-30-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 09/30/2009 Single Family Homes and Condominiums New Listings 8 Price Reductions 7 Price Increases 0 Back on Market 3 Pending Transactions 5 Sold Transactions 14 Withdrawn from the Market 4 Expired Transactions 3 NET LOSS (LISTINGS) 15...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 9-29-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 09/29/2009 Single Family Homes and Condominiums New Listings 13 Price Reductions 13 Price Increases 0 Back on Market 3 Pending Transactions 13 Sold Transactions 10 Withdrawn from the Market 8 Expired Transactions 3 NET LOSS (LISTINGS)...
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By Steve Shaw, e-PRO, Gulf Region Properties Team
(Keller Williams Realty)
Below you will find a table that contains the Market Activity report for 9-28-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown. Mobile AL Real Estate Market Snapshot 09/28/2009 Single Family Homes and Condominiums New Listings 10 Price Reductions 12 Price Increases 2 Back on Market 4 Pending Transactions 11 Sold Transactions 14 Withdrawn from the Market 12 Expired Transactions 4 NET LOSS (LISTINGS...
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