top agent at remax by the bay: 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)
top agent at remax by the bay: Snapshot of a two-tiered market
- 10/21/10 09:44 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, … (0 comments)
top agent at remax by the bay: August 2010 home sale statistics for Fairhope, Daphne and Spanish Fort
- 09/14/10 07:21 AM
August showed signs of improvement in the Eastern Shore home market with inventory down and pending sales up. The number of homes for sale in Fairhope, Daphne and Spanish Fort fell 5.5 percent and pending sales increased 17 percent. Remember the End-Of-The-World-As-We-Know-It report in late August about existing home sales falling 27.2 percent in July? With economists and journalists taking a minute-by-minute pulse on the real estate market, the patient was almost declared critical. I could - and did - predict that the patient would recover. In fact, Realtors as troops on the ground, sensed that this was yet another trough, … (0 comments)
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?
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