Mobile AL Bank Owned Listings/Sales for 2008 - 10/30/08 08:50 AM
With all of the talk of the rising foreclosure rate, we thought that we would look at the data available to us in our local MLS. The data was extracted from the Mobile Association of Realtor MLS information. We only looked at Mobile County addresses and listings classified as Foreclosures. The data is presented below. There has not been a drastic spike in the number of listings. The number of active REO listings is 113 which is only about 3% of the total number of listings. Google Docs - Mobile, AL REO Listings/Sales .guesthead { background-color: #ffdb69; background-image: url("http://www.google.com/images/spreadsheets/guesthead.gif"); background-repeat: repeat-x; … (0 comments)

Baldwin County Real Estate Snapshot - 10/16/08 12:24 PM
The monthly analysis of single family home sales in Baldwin County for September 2008 was reported in a previous blog entry (http://activerain.com/blogsview/733275/Mobile-and-Baldwin-County-MLS-Statistics-and-Trends-September-2008-Data ). The analysis showed a decrease in median sales price of Baldwin County single family homes of roughly18%.  In an effort to see if there was a trend in certain parts of the county or if the decrease in median sales price was found county wide, the statistics have been broken down by largest towns in the county. Please review the following table:
 
It appears that the largest drop in median sales price was found in Robertsdale and Spanish … (0 comments)

Mobile AL Metro Market Report - 10/15/08 12:42 PM
Every housing market is unique. The National Association of Realtors has created Local Market Reports (LMRs) for 153 of the largest metropolitan areas of the country.  The Local Market Reports reflect data available through September 2008 and provide insights into the fundamentals and direction of the nation's largest metropolitan housing and real estate markets. Each downloadable report evaluates a number of factors affecting home prices, including:
The health of the local job market Foreclosure rates Housing inventory Debt-to-income and mortgage-servicing-costs-to-income ratios We have downloaded the report for Mobile and will be happy to send you a copy.  If interested, please send us … (1 comments)

Mobile and Baldwin County MLS Statistics and Trends - September 2008 Data - 10/10/08 11:15 AM
The monthly analysis worksheets and charts have been tabulated for activity in September 2008.  The analysis includes all sales reported in the Mobile MLS (Gulf Coast MLS) and the Baldwin County MLS (Baldwin County Association of Realtors). 
Summary
Mobile County real estate activity is holding up rather well considering everything.  Both median sales price and number of sales increased in September.  Even though the number of sales are down about 4% compared to last year, the median sales price of a home though is up almost 9%.  On the down side, inventory levels are up about 10% and as a result the marketing time and … (0 comments)

West Mobile Bargain - Great home in Great Neighborhood - 10/09/08 08:07 AM
Check out a new home for sale located in Spring Grove subdivision in West Mobile.  It is located right down the street from the new Wal-Mart at Dawes Road and Cottage Hill Road. 
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Great Investment Opportunity - 10/07/08 01:37 PM
Please check out our new listing in the Hamilton Bridges subdivision in west Mobile AL area which is priced below market for quick sale. The like new home for sale is 1 year new and features both a front porch and rear porch and 2 car garage. Nice wooded view in backyard for privacy.
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New Listing - Gorgeous Foley Home available at Great Price - 10/01/08 09:03 PM
We have a new listing in Foley that we want to let you know about.  Please call us to take a tour of the home.  You will find that the home is tastefully decorated inside and out. The sellers have taken great care of the home and added special touches such as warm paint colors, accent walls, flower beds and shrubs around the home, painted front porch, and more.
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New Price - Lake Front home - Foley, AL - 10/01/08 09:14 AM
 
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Steve Shaw, e-PRO, Gulf Region Properties Team

Mobile, AL

More about me…

Keller Williams Realty

Address: 6333 Cottage Hill Road, Mobile, AL, 36609

Office Phone: (251) 662-5660

Cell Phone: (251) 215-9382

Email Me

Everything about Mobile and Baldwin County, Alabama, with a focus on the Mobile area Real Estate Market, Home Sales, Homes for Sale in Mobile, as well as views and commentary on Mobile, Alabama.








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