remax in daphne: Price, sales on rise in Spanish Fort, Daphne and Fairhope
- 04/21/15 07:30 AM
Sorry, don’t have much time. Gotta go … but how many days in a row can I work? … Vitamin C? Got it. Aspirin? Yep. And thank heaven for paperless transactions! See, the number of homes sold on the Eastern Shore is up 36% from this time last year. And the average sales price rose 8.7%. So it’s busy out there in the real estate world. And one segment of a healthy market has returned to the scene: the move-up buyer, staying local. Prices also rose 5.7% over this time last year in Spanish Fort, Daphne and Fairhope. New construction sales are steady at … (0 comments)
remax in daphne: October 2009 home sales for Daphne, Spanish Fort and Fairhope, Alabama
- 11/04/09 08:59 AM
The upcoming expiration of the first-time homebuyer tax credit likely lead to a reduction in home sales in October on the Eastern Shore of the Mobile, Alabama, metro area. Home sales fell from 87 in September to 59 in October in Spanish Fort, Daphne and Fairhope. The first-time homebuyer tax credit of $8,000 was set to expire Nov. 30 and buyers apparently wanted to make that deadline with plenty of time to spare. Other buyers may have been waiting to see what would happen next. At this writing, the U.S. Senate is poised to extend that credit through April 2010 and … (1 comments)
remax in daphne: Pace of home sales continues to improve
- 10/10/09 01:56 AM
A year after the 2008 financial meltdown, let's take stock of the correction in home prices on the Eastern Shore. ■ The number of homes sold in the 3rd quarter of 2009 was only 6% behind home sales in the 3rd quarter of 2008. ■ Average sales price this past quarter was $243,176 - 19% lower than the average sales price of $298,947 a year ago. The first statistic shows that the market is stabilizing in one respect. A year ago, home sales between Spanish Fort and Point Clear fell off a cliff. Last summer 128 … (1 comments)
remax in daphne: In the aftermath of Katrina "insurance stands in the way"
- 08/30/09 02:52 AM
That was today's headline in the Mobile Register Insight page: "Insurance stands in the way." U.S. Rep. Gene Taylor (D-Mississippi) wrote yet another op-ed piece about the cost of homeowners insurance hampering rebuilding in Coastal Mississippi. In coastal Alabama, the scene is little different. Yes, we have beaches and bayfront properties, but largely the elevation is high above sea-level. But the majority don't live on those high-priced pieces of waterfront. Imagine telling a first-time homebuyer of a modest $150,000, 1800 square foot home that his homeowners' insurance will cost $250 a month or $3300 a year. There's no water view and … (1 comments)
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