daphne al homes: Ground zero for termite wars
- 06/12/19 12:50 PM
If you don’t have a termite bond, get one. If you have one and the renewal rate has skyrocketed, here’s why it happened and what you can do about it.
This spring has been a very active one for termites, those wood destroying insects that can cause thousands of dollars in damage to your home before you can even say “entomology.”
You may have had neighbors were shouting on social media to turn off your outside lights so you’d be protected from the zombie apocalypse swarms. What most of us didn’t know was the wheeling, dealing, litigation reeling had already set homeowners up … (0 comments)
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daphne al homes: Home sales hot in Spanish Fort, Daphne, Fairhope
- 04/13/17 09:08 AM
What happens when the population of your former farm-country county soars by 26,298 over a six-year period? That’s 12 people a day, according to U.S. Census data reported by AL.com. What happens when this rate actually accelerates, as it did from 2015-2016, with 4,873 new folks making Baldwin County their home?
Home sales turn blistering hot in Spanish Fort, Daphne and Fairhope.
The number of homes sold in the first quarter of 2017 is up 22% over this time last year. And the average sales price is up 6.4%, too, driven by the activity in Fairhope.
New construction continues to … (1 comments)
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daphne al homes: Prices up for new homes, flat for existing on Eastern Shore
- 01/10/17 02:57 PM
U.S. home prices hit a new peak in October, according to monthly figures, though the data-provider warned that the pace of growth cannot continue forever.
-- CNBC report Dec. 27, 2016, on the S&P/Case-Shiller U.S. National Home Price Index
The average price of a home sold on the Eastern Shore of the Mobile, Ala., metro area in 2016 was $272,840; the median, $237,207.
That’s fairly pricy, considering Zillow reports that the median home price in Alabama in 2016 was $171,500.
At the moment, the cheapest brand new home on the Eastern Shore is $179,000, while the cheapest new home for sale in the city of Mobile … (1 comments)
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daphne al homes: Spanish Fort, Daphne, Fairhope home sales - Aug 2015
- 09/10/15 01:37 AM
Remember I talk about the market taking a breather. Well, it happened in August. But it really wasn’t too bad.
In Spanish Fort, Daphne and Fairhope, 155 homes closed, compared with 196 in July. Sales prices continue to wobble up and down. Inventory dipped again.
But buyer activity in September is promising.
Here’s what’s happening on the Eastern Shore of the Mobile, Ala., metro area:
Total houses for sale: 807, compared with 849 first of July.
Homes for sale in Spanish Fort AL: 139
Homes for sale in Daphne AL: 275
Homes for sale in Fairhope AL: 393
Pending sales:
Total: 233, compared with 277 the first of July
Spanish Fort: … (0 comments)
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daphne al homes: Market hotter than ever in Spanish Fort, Daphne, Fairhope
- 07/08/15 05:53 AM
Home sales are blistering hot with 525 sales in Spanish Fort, Daphne and Fairhope in the 2nd Quarter of 2015.
This one quarter eclipses any records I have since I started this newsletter back in the early 2000s. It’s better than after Hurricane Ivan in 2004, when so many in south Baldwin County retreated to the Eastern Shore while they rebuilt at the beach. It’s better than 2005, when this area became a safe haven after the tragic diaspora from Hurricane Katrina.
In fact, the number of sales is up 30% for the first half of 2015, compared to the same time last … (2 comments)
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daphne al homes: May '15 home sales spike in Spanish Fort, Daphne, Fairhope
- 06/09/15 08:24 AM
Home sales spiked in May, with an increase of 31% over the previous month on the Eastern Shore of Mobile, Ala.
Sales in Spanish Fort, Daphne and Fairhope increased from 147 to 194. Pending sales dropped 8% from 325 to 296.
Here’s what’s happening on the Eastern Shore :
Total houses for sale: 877 compared to 860 the first of May.
Homes for sale in Spanish Fort AL: 150
Homes for sale in Daphne AL: 324
Homes for sale in Fairhope AL: 402
Pending sales:
Total: 296 compared to 325 the first of May
Spanish Fort: 53
Daphne: 116
Fairhope: 127
Closed sales for May 2015
Total: 194 vs 147 in April
Average sale … (0 comments)
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daphne al homes: May 2014 home sales rocket in Spanish Fort, Daphne and Fairhope
- 06/10/14 12:42 AM
Home sales soared 55 percent in May compared to April in Spanish Fort, Daphne and Fairhope.
Prices also increased 2 percent and days on market dropped to 4.5 months on the Eastern Shore of the Mobile, Ala., metro area.
Sellers on average sliced 2.5 percent off their list price in order to sell.
Pending sales also rose, as did the number of homes for sale.
On to the numbers for May
Total houses for sale: 869 vs 816 first of May.
Homes for sale in Spanish Fort AL: 127
Homes for sale in Daphne AL: 299
Homes for sale … (0 comments)
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daphne al homes: Good stuff on insurance, market, for Spanish Fort, Daphne, Fairhope
- 05/08/14 08:10 AM
Twitter version: Housing market’s good. Sp Ft homeowner’s insurance break. F’hope inventory balloons.
For those who have a longer attention span:
Eastern shore housing prices are up 8.8% over this time last year. The number of homes sold in Spanish Fort, Daphne and Fairhope is down from 286 sales in the first quarter of 2013 to 267 homes. That’s easily attributable to the unseasonably cold weather. Foreclosures made up only 14% of sales, compared to 19% this time last year. And new construction continues to make up almost a quarter of sales.
Repeating by special request: Spanish Fort homeowners … (0 comments)
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daphne al homes: Pending sales up 27% in Spanish Fort, Daphne and Fairhope
- 05/10/12 07:40 AM
The Eastern Shore of Mobile, Ala., metro market continues to trend to the upside with home sales and pending sales up and inventory declining. But it’s pending sales that show the strongest increase at 27 percent (193 the first week in April vs 245 this first week in May). Sales were up 7 percent in April compared to March. Inventory fell 3.8 percent in April. Here’s what’s going on. Total houses for sale: 834, down from 867 the first week in April. Homes for sale in Spanish Fort AL: 124 Homes for sale in Daphne AL: 272 Homes for sale … (1 comments)
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daphne al homes: Sales, pendings up in March in Spanish Fort, Daphne & Fairhope
- 04/04/12 05:53 AM
It’s the beginning of the high home-buying season on the Eastern Shore of the Mobile, Alabama, metro area.
Sales are up and pending sales are up. But a curious thing is happening: Inventory is falling. Does it signal a change in the housing market in Spanish Fort, Daphne and Fairhope? Are sellers so leery of the market that they’re staying put? Are they too upside down on their mortgages to sell? Will the foreclosure shadow inventory start to trickle back into the market?
All things to watch, but only time will tell.
Here’s what’s going on.
Total houses for sale: … (0 comments)
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daphne al homes: New construction takes off in Spanish Fort, Daphne and Fairhope
- 03/08/12 06:18 AM
Do the builders know something we don’t?
When they stick their collective fingers in the air to judge which way the wind blows do they sense economic fair weather ahead or just more of the same?
Judging by what’s happening with the market, national and regional builders are betting that better times are immediately ahead by listing some 68 new homes in Spanish Fort, Daphne and Fairhope since January 1.
Sure, some of the homes are not built, but drive through the subdivisions and you will see an outlay of cash for engineering work and utilities. These … (0 comments)
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daphne al homes: December 2011 home sales in Spanish Fort, Daphne and Fairhope sort of ho-hum
- 01/10/12 07:13 AM
December home sales were more ho-hum than ho-ho-ho. Not bad but not spectacular.
On the Eastern Shore of the Mobile, Alabama, metro area, there were 81 homes closed, down slightly from 84 in November.
Average sale prices, as well as the median price, took hits largely due to the fact that 37% of home sales in Spanish Fort, Daphne and Fairhope were foreclosures. Another 23% were new homes.
Here are the stats for the Eastern Shore:
Total houses for sale: 838
Homes for sale in Spanish Fort AL: 125
Homes for sale in Daphne AL: 284
Homes for sale … (1 comments)
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daphne al homes: Home for sale at 27243 Elise Court, Daphne, AL 36526
- 12/08/11 01:38 AM
Home for sale at 27243 Elise Court, Daphne, AL 36526. To see this home, please call Janet English, RE/Max By The Bay, 251-591-2411.
4 bedrooms, 2 baths 2296 sf, built in 2007 Immaculately kept Formal dining, plus breakfast area Large, open greatroom Spacious master bedroom Master bath with double sinks, jet tub, separate shower Double garage Fenced yard with sprinkler system $179,800
… (1 comments)
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daphne al homes: May 2011 home sales in Daphne, Spanish Fort and Fairhope
- 06/06/11 03:54 AM
We may have hit a new normal in home sales on the Eastern Shore of Mobile, Ala.
For the last three months around a hundred homes have sold, a slight increase over the same time in 2010. What’s significant is that this time last year the housing market was buoyed by the Home Buyer Tax Credit. Without this incentive, our market has fallen into a predictable yet still less than robust pattern.
In Spanish Fort, Daphne and Fairhope, other statistics have become consistent:
n Inventory around 1,000 homes
n Market absorption rate of 10 months, meaning … (0 comments)
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daphne al homes: April 2011 sales little changed in Spanish Fort, Daphne, Fairhope
- 05/11/11 02:30 AM
Home sales on the Eastern Shore of Mobile, Ala., remained steady in April with 95 homes selling, little changed from the 100 closings in March<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Of the ones that closed in Spanish Fort, Daphne and Fairhope, 30 were foreclosures or short sales, and 22 were new construction. Only 16 homes priced over $300,000 closed, while that segment makes up 37% of all active listings.
Pending sales remain consistent with 172 under contract, compared with 179 under contract this time in April.
Here are the stats for the <?xml:namespace prefix = st1 ns … (0 comments)
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daphne al homes: March 2011 home sales up 18% in Spanish Fort, Daphne and Fairhope
- 04/15/11 10:08 AM
Home sales on the Eastern Shore of Mobile, Ala., rose 18% in March, with 100 homes sold in Spanish Fort, Daphne and Fairhope. This follows 57 sales in January and 82 in February. A third of the sales were short sales or foreclosures; another third, new construction; and the rest, existing home sales. Foreclosures and short sales make up only 9 percent of the homes currently listed. Pending sales remain consistent with 179 homes under contract, compared with 173 homes under contract this time in March. Here are the stats for the Eastern Shore: Total houses for sale: 1,024 (92 are … (1 comments)
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daphne al homes: March 2011 home sales up 18% in Fairhope, Daphne, Spanish Fort
- 04/15/11 10:05 AM
Home sales on the Eastern Shore of Mobile, Ala., rose 18% in March, with 100 homes sold in Spanish Fort, Daphne and Fairhope.
This follows 57 sales in January and 82 in February.
A third of the sales were short sales or foreclosures; another third, new construction; and the rest, existing home sales. Foreclosures and short sales make up only 9 percent of the homes currently listed.
Pending sales remain consistent with 179 homes under contract, compared with 173 homes under contract this time in March.
Here are the stats for the Eastern Shore: Total houses for … (0 comments)
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daphne al homes: Home for sale at 21 Soldier's Route, Spanish Fort, ALabama, 36527
- 03/11/11 10:03 AM
Home for sale at 21 Soldier's Route, Spanish Fort, Alabama, 36527. To see this home feel free to contact Janet English, RE/Max By The Bay, 251 591-2411
4 bedrooms, 2 baths 2,050 square feet; built 1986 Parquet and split brick floors Formal dining and breakfast area Large laundry/mud room 17x14 screened porch Wrap-around deck, fenced yard, storage building $175,000
… (1 comments)
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daphne al homes: February 2011 home sales show nice rebound in Spanish Fort, Daphne and Fairhope
- 03/10/11 09:20 AM
February may be a short month, but a lot was packed into it for housing on the Eastern Shore of the Mobile, Ala., metro area.
Home sales in Spanish Fort, Daphne and Fairhope rose from 57 in January to 82 in February. But one-in-three sales was a foreclosure or short sale.
Pending sales are also stronger than in recent months with some 173 homes under contract in early March, up from 146 during early February.
After a couple of real and disappointing blows to the local economy - the Gulf Oil Spill and the loss of the Air Force refueling tanker … (1 comments)
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daphne al homes: Home for sale at 9113 Magnolia Court, Daphne AL 36527
- 03/02/11 02:27 AM
Home for sale at 9113 Magnolia Court, Daphne AL 36527. To see this home feel free to call Janet English, RE/Max By the Bay, 251 591-2411.
4 bedrooms (2 down/2 up), 3 baths, 2545 sf Formal dining and breakfast area Screened porch Patio with beautiful backyard Washer, dryer, refrigerator remain $309,000 TimberCreek is a golf community with tennis courts, swimming pools, clubhouse, meeting room and exercise facilities
… (1 comments)
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