daphne al homes for sale: Eastern Shore market rebounds with surprisingly strong numbers
- 01/14/13 02:13 AM
Four years. Four long, miserable years of home price declines. Are over. The average sales prices for homes in Spanish Fort, Daphne and Fairhope rose on average 12% in 2012. The number of home sales also increased 12%. The Mobile, Ala., metro market on the Eastern Shore regained more than a third of the value that had been lost (29.5%) since the onset of the Great Recession and the housing market collapse, which began locally in 2008. Here’s what happened: -- Foreclosures and short sales, which made up 31% of sales in 2011, dropped to 22% of sales in 2012. … (0 comments)
daphne al homes for sale: House for sale at 130 Cherryhill Drive, Daphne, AL 36526
- 05/14/12 03:42 AM
House for sale at 130 Cherryhill Drive, Daphne, AL 36526. To see this home, please call Janet English, RE/MAX By The Bay, 251, 591-2411 3 bedrooms, 2 baths High-end, single-plank laminate flooring, tile and Frieze carpet Single story, low-maintenance brick exterior Patio Lushly landscaped level fenced yard. Wood-burning fireplace Washer, dryer and refrigerator remain $135,000
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daphne al homes for sale: Home for sale at 28603 Oakwood Court, Daphne, AL 36526
- 03/28/12 07:58 AM
Home for sale at 28603 Oakwood Court, Daphne, AL 36526. To see this home please call Janet English, RE/MAX By The Bay, 251 591-2411. For full details on this home click here. 4 bedrooms, 3 baths bonus room 1/2 story up 2677 square feet Custom built in 1997 Screened porch Large kitchen with huge bar, stainless appliances Master bath with jet tub, separate shower, water closet
Homes going under contract in Spanish Fort, Daphne and Fairhope stood at 170, while only 140 were under contract after the first week in December and only 146 this time last year.
Who are these buyers? My experience is that it’s a good mix of tranferees and renters who have been sitting on the fence for quite some time.
The average sales price remained largely unchanged. All good news for the real estate … (1 comments)
daphne al homes for sale: House for sale at 8950 Parliament Circle, Daphne, Al 36526
- 01/12/12 10:45 AM
House for sale at 8950 Parliament Circle, Daphne, AL 36526. To see this home, please call Janet English, RE/Max By the Bay, 251 591-2411 4 bedrooms, 3.5 baths 3,062 square feet Bonus room upstairs with more than 500 square feet and full bath and closet Screened porch Swimming pool 12x16 storage building/workshop 8x10 kennel 2-car garage plus extra park pad Fenced yard $280,000
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daphne al homes for sale: September 2011 homes sales slip slightly in Daphne, Spanish Fort and Fairhope
- 10/04/11 10:48 AM
Homes sales on the Eastern Shore of the Mobile AL Metro area fell slightly over the previous month from 100 to 92 homes closed. Of those 92 sales in Spanish Fort, Daphne and Fairhope, 25% were foreclosures or short sales and 19% were new construction. Pending sales have slipped a bit – not unexpected for this time of year – from 166 at the first of September to 148 at the first of October.
Here are the stats for the Eastern Shore: Total houses for sale: 940 Spanish Fort: 136 Daphne: 315 Fairhope: 489 Pending sales Total: 148 … (0 comments)
daphne al homes for sale: Housing absorption rate at 11 months in Daphne, Spanish Fort and Fairhope
- 12/06/10 09:05 AM
"Is it getting any better?" I get this question about as often as "How ya doin'?" The answer to the local housing market question is: Not really. Home sales and pending sales were virtually unchanged on the Eastern Shore of Mobile, AL from October to November. And the bigger picture shows that the market absorption rate is still seriously out of whack. Industry experts agree that a six-month inventory of homes for sale is the sign of a healthy, stable market. If the absorption rate surpasses that, then it's a buyers' market. Locally, if not one more house was listed for … (0 comments)
daphne al homes for sale: Snapshot of a two-tiered market
- 10/21/10 09:41 AM
Some perspective: 1 in every 5 homes sold on the Eastern Shore of Mobile, Alabama, since the first of the year was a distress sale. Nationally, nearly 1 in every 4 homes sold in June was a foreclosure or short sale, according to CoreLogic. In Alabama that same month, 1 in every 7 sales was a distressed property. In Baldwin County, 5.2% of mortgage-holders were more than 90 days delinquent on their payments in the 2nd quarter, according to TransUnion Trend Data. Nationally, nearly 1 in 10 mortgages in the country's largest 100 metro areas are more than 90 days delinquent, according … (0 comments)
daphne al homes for sale: September 2010 home sales in Daphne, Spanish Fort and Fairhope AL
- 10/15/10 08:01 AM
September homes sales on the Eastern Shore rose again and inventory continued to decline. The number of homes sold rose 12 percent in Fairhope, Daphne and Spanish Fort, while inventory declined about 3 percent. Pending sales in mid-October are down 19% over the previous month. The outlook is cloudy with the foreclosure debacle likely to play out over the coming months. Investigations that major lenders "robo-signed" foreclosure documents without careful scrutiny have forced Bank of America to put a halt to some foreclosure proceedings in some states. Other banks are taking action to review their processes. But locally, foreclosures are still … (1 comments)
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