With the country being entrenched in a economic down turn. Volatile stock market and credit bound up. The Real Estate market in Mobile has held its own. Granted there was a bit of a slow down in the market but it was not impacted like the rest of the country. The city of Mobile has plenty of amenities with new industry moving in and innovative leadership that has forward thinking vision of placing Mobile in the position to be a world class city.

Planning controlled growth and expansion with deliberate control on how a what the city and surrounding areas in the County will progress. This steady growth in the Real Estate market in the area is visible with property values holding steady a bit lower but still up. You can buy much more house for your money in the City of Mobile than anywhere else in the country. Instead of being 2 or 3 hours from the beach you are only 10 to 30 minutes from Dauphin Island. 10 to 15 minutes from the many multi cultural activities that take place in the city year round. 10 to 20 minutes from a Cruise Ship that has a permanent home docked right downtown.

New housing starts have remained steady with new construction leading the way. Custom builders and track builders the like have not been swayed by the down turn in the national market and remain confident in selling inventory. Proving buyer incentives to prospective home buyers. The upcoming Parade of homes is a prime example of the confidence in the Mobile housing market. The expectation of job growth is high and the high expectation of new business start ups that are spin offs of new industry.

Things are good down here on the Gulf Coast with the Coty of Mobile leading the way as the National market recovers from the recent down turn. I expect the see overall sales pick up quickly within the next 2 years as the economy recovers from the credit crunch and downturn of the Stock markets. If you are thinking about living on the beautiful Gulf Coast, Mobile Alabama is a best kept secret.