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Mobile Alabama Top Ten Markets Set For Biggest Rise in 2011

Barbara Reeves — Mon, 23 May 2011 15:36:09 +0000

10 housing markets set for biggest rise in 2011

“Two different kinds of cities to see rebound in house sales; reasons include increase in jobs and lower real estate prices”

By Mary Beth Nevulis, HousingZone Contributing Editor

May 13, 2011

“Despite U.S. housing markets being generally dreary since 2008, there are a few promising patches across the country, according to 24/7 Wall St. Review . 24/7 Wall St. looked at data from Fiserve Case Shiller, which gathers and analyzes housing information, and compiled a list of ten markets that will rebound the most in 2011.

The list indicates that two kinds of real estate markets are on the rise: one that was generally stable, but was hurt by the recession; and one that will rise because lower housing costs are making it affordable for residents to buy a home for the first time in decades.

The twelve cities in which homes prices will increase the most in 2011 are divided into two categories. One comprises cities in the Northwest with mostly white populations, stable middle classes andone or two major industries that dominate employment. Some of these cities are removed from larger metropolises like Chicago or L.A., meaning they serve geographic areas that might stretch several hundred miles, making them business and agricultural hubs.

The second category of cities is composed of cities that have not been as economically prosperous, but have made the list because lower housing prices have changed the residents’ ability to purchase homes that were previously unaffordable.”

10. Great Falls, Montana
9. (three-way tie) – Cheyenne, Wyoming; Kennewick-Pasco-Richland, Washington; Myrtle Beach-Conway, South Carolina
8. Idaho Falls, Idaho
7. Bremerton-Silverdale, Washington
6. Grand Junction, Colorado
5. Bellingham, Washington
4. Spokane, Washington
3. Tacoma, Washington
2. Madera-Chowchilla, California
1. Mobile, Alabama

For more information: http://247wallst.com/2011/05/11/housing-markets-that-will-rise-most-this-year/

Showing properties 1 - 15 of 260. See more city of Mobile real estate.
(all data current as of 5/23/2012)

$388,500 : 308 South Georgia Ave, Mobile

4 beds, 3 full, 1 part baths

Days on market: 0

Walk Score®: 63
$690,000 : 4050 Copeland Island Rd, Mobile

4 beds, 5 full baths

Home size: 5,300 sq ft

Lot size: 19.62 ac

Year built: 2008

Parking spots: 3

Days on market: 0

Walk Score®: 0
$387,000 : 3511 Irene St, Mobile

3 beds, 3 full, 1 part baths

Year built: 2006

Parking spots: 2

Days on market: 0

Walk Score®: 46
$485,000 : 7951 Yorkhaven Rd, Mobile

4 beds, 3 full, 2 part baths

Home size: 4,500 sq ft

Year built: 1996

Days on market: 0

Walk Score®: 18
$359,900 : 3755 North Claridge Rd, Mobile

4 beds, 3 full baths

Home size: 3,231 sq ft

Lot size: 13,500 sqft

Days on market: 1

Walk Score®: 52
$775,000 : 58 East Ridgelawn Dr, Mobile

3 beds, 3 full, 1 part baths

Home size: 3,774 sq ft

Lot size: 12,500 sqft

Year built: 1991

Parking spots: 2

Days on market: 2

Walk Score®: 45
$442,575 : 5755 Rue Conti, Mobile

5 beds, 5 full, 1 part baths

Home size: 3,956 sq ft

Lot size: 8,280 sqft

Year built: 2011

Days on market: 3
$379,000 : 1424 Oak Vale Ct, Mobile

5 beds, 3 full, 1 part baths

Home size: 4,536 sq ft

Year built: 1979

Days on market: 4

Walk Score®: 38
$500,000 : 3986 Wimbledon Park, Mobile

4 beds, 2 full, 1 part baths

Home size: 3,568 sq ft

Year built: 1998

Days on market: 5

Walk Score®: 60
$399,900 : 3612 Linden Ln, Mobile

4 beds, 3 full baths

Home size: 3,780 sq ft

Year built: 1966

Days on market: 5

Walk Score®: 40
$349,700 : 322 West Springhill Woods Dr, Mobile

4 beds, 2 full, 1 part baths

Home size: 3,026 sq ft

Year built: 1999

Days on market: 7

Walk Score®: 58
$985,000 : 3 Myers Ln, Mobile

4 beds, 3 full, 1 part baths

Home size: 4,700 sq ft

Year built: 1994

Days on market: 7

Walk Score®: 65
$349,000 : 10715 Cornerstone Ct, Mobile

4 beds, 4 full, 1 part baths

Home size: 3,351 sq ft

Year built: 2008

Days on market: 7
$469,900 : 4574 Avril Ct, Mobile

3 beds, 3 full, 1 part baths

Home size: 2,625 sq ft

Lot size: 4,045 sqft

Year built: 2003

Days on market: 7

Walk Score®: 37
$469,900 : 56 West Wimbledon Dr, Mobile

4 beds, 3 full baths

Lot size: 41,472 sqft

Year built: 1948

Parking spots: 3

Days on market: 8

Walk Score®: 32

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Welcome Drs. Andrew & Kelly Moses to 8469 Rester Court, Mobile, Alabama 36695

Barbara Reeves — Fri, 06 May 2011 21:32:35 +0000

Showing properties 1 - 20 of 72. See more West Mobile community real estate.
(all data current as of 5/23/2012)

$485,000 : 7951 Yorkhaven Rd, Mobile

4 beds, 3 full, 2 part baths

Home size: 4,500 sq ft

Year built: 1996

Days on market: 0

Walk Score®: 18
$225,255 : 7353 Saybrook Blvd, Mobile

3 beds, 2 full baths

Home size: 2,451 sq ft

Year built: 2010

Days on market: 1

Walk Score®: 8
$216,900 : 3256 Morse Loop, Mobile

3 beds, 2 full baths

Home size: 2,267 sq ft

Lot size: 12,600 sqft

Year built: 2013

Parking spots: 2

Days on market: 5
$259,000 : 7560 Cumberland Ct, Mobile

4 beds, 2 full baths

Home size: 2,643 sq ft

Lot size: 12,136 sqft

Year built: 1996

Days on market: 6

Walk Score®: 46
$200,000 : 1655 Stonebridge Ct, Mobile

3 beds, 2 full, 1 part baths

Home size: 2,545 sq ft

Year built: 2008

Days on market: 8

Walk Score®: 12
$266,900 : 3915 Pierson Dr, Mobile

4 beds, 3 full baths

Home size: 3,009 sq ft

Lot size: 12,600 sqft

Year built: 2013

Parking spots: 2

Days on market: 8

Walk Score®: 2
$489,000 : 7575 South Stone Hedge Dr, Mobile

4 beds, 3 full, 1 part baths

Home size: 3,800 sq ft

Year built: 2002

Parking spots: 3

Days on market: 14

Walk Score®: 28
$205,900 : 7180 North Ashmoor Dr, Mobile

3 beds, 2 full baths

Home size: 2,216 sq ft

Lot size: 10,400 sqft

Year built: 1997

Days on market: 20

Walk Score®: 15
$299,900 : 7289 Morse Loop, Mobile

4 beds, 3 full baths

Home size: 3,329 sq ft

Lot size: 12,600 sqft

Year built: 2012

Parking spots: 2

Days on market: 21
$369,000 : 2830 Bennington Dr, Mobile

4 beds, 3 full, 1 part baths

Home size: 3,525 sq ft

Year built: 2006

Days on market: 22

Walk Score®: 22
$289,900 : 7406 Mallard Dr, Mobile

5 beds, 3 full baths

Home size: 3,050 sq ft

Lot size: 18,600 sqft

Year built: 2004

Days on market: 22

Walk Score®: 32
$256,000 : 4127 Fenwick Loop, Mobile

4 beds, 3 full baths

Home size: 3,000 sq ft

Year built: 2007

Days on market: 22

Walk Score®: 0
$975,000 : 7265 Sable Palms Dr, Mobile

7 beds, 6 full, 2 part baths

Home size: 8,355 sq ft

Parking spots: 3

Days on market: 22

Walk Score®: 14
$210,230 : 7569 Mallard Dr, Mobile

4 beds, 2 full, 1 part baths

Home size: 2,825 sq ft

Year built: 1995

Days on market: 27

Walk Score®: 25
$254,900 : 2327 Chapel Hill Dr, Mobile

4 beds, 3 full, 1 part baths

Home size: 2,400 sq ft

Year built: 2000

Days on market: 35

Walk Score®: 25
$214,000 : 2071 Second Creek Dr, Mobile

4 beds, 2 full, 1 part baths

Home size: 3,000 sq ft

Parking spots: 2

Days on market: 35

Walk Score®: 31
$229,000 : 7154 Smithfield Rd, Mobile

4 beds, 3 full, 1 part baths

Home size: 2,252 sq ft

Year built: 1983

Parking spots: 2

Days on market: 35

Walk Score®: 23
$324,000 : 7280 Morse Loop, Mobile

4 beds, 3 full baths

Home size: 3,349 sq ft

Lot size: 19,499 sqft

Year built: 2010

Days on market: 36
$435,000 : 3222 West Wynnfield Dr, Mobile

4 beds, 3 full baths

Home size: 3,800 sq ft

Year built: 2001

Parking spots: 2

Days on market: 39

Walk Score®: 6
$220,000 : 4108 West Oakbriar Dr, Mobile

4 beds, 2 full, 1 part baths

Home size: 2,588 sq ft

Lot size: 15,030 sqft

Year built: 1994

Parking spots: 2

Days on market: 40

Walk Score®: 2

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Rents May Go Up, Good Time to Buy A Home in Daphne, Fairhope, Mobile or the Mobile Metro Area?

Barbara Reeves — Sun, 27 Mar 2011 19:58:04 +0000

There is much talk in the real estate world about rents in the Mobile Metro area going up. The decrease in home ownership caused by the bursting of the nation’s housing bubble, combined with an increase in renters has put a big demand on rental markets in Daphne, Fairhope, Mobile or Mobile Metro areas. This demand is creating a competitive market that is allowing a climate for rents to increase.

This is a prime example of how owning a home can be more beneficial than renting in certain markets. Housing is more affordable than it has been in years in the majority of the United States. Mortgage rates are low, inventories are high, and home values are still falling. In areas where a monthly mortgage payment is the same or less than monthly rent, home ownership is a wise investment.

The National Association of Realtors has been hosting “Home Ownership Matters”, visiting cities across the nation and educating people on the values of home ownership. A staggering statistic that they show is that the majority of home owners have a net worth of more than 30 times that of renters.

The mere fact that rents can go up as much as 10%, whereas fixed rate mortgage rates stay the same, make buying a home in Daphne, Fairhope, Mobile or Spanish Fort in today’s market is smarter than renting, for those that can afford to buy a home. Rent is, in essence, paying someone else’s mortgage.

Click here to read an article from CNN Money regarding the expected increase in rent.

Sourced from: Kinetic Content Library

Showing properties 1 - 15 of 187. See more Daphne/Montrose/Spfort community real estate.
(all data current as of 5/23/2012)

$249,334 : 30214 Loblolly Cir, Spanish Fort

3 beds, 2 full baths

Home size: 2,113 sq ft

Lot size: 8,849 sqft

Year built: 2001

Days on market: 0

Walk Score®: 14
$449,000 : 29420 Hidden Creek Cir, Daphne

4 beds, 3 full baths

Home size: 3,160 sq ft

Lot size: 42,780 sqft

Year built: 2005

Days on market: 0

Walk Score®: 8
$234,900 : 28358 Bay Branch Dr, Daphne

4 beds, 2 full baths

Home size: 2,300 sq ft

Lot size: 19,695 sqft

Year built: 1999

Days on market: 0

Walk Score®: 3
$225,000 : 27570 Stratford Glen Dr, Daphne

5 beds, 2 full, 1 part baths

Home size: 2,710 sq ft

Lot size: 17,050 sqft

Year built: 2005

Days on market: 0

Walk Score®: 20
$1,900,000 : 1101 Lovette Ln, Daphne

7 beds, 6 full, 1 part baths

Home size: 6,000 sq ft

Lot size: 1.24 ac

Year built: 2003

Days on market: 0

Walk Score®: 23
$224,900 : 6 Lackawanna Ct, Spanish Fort

4 beds, 2 full baths

Home size: 2,375 sq ft

Lot size: 29,871 sqft

Year built: 1997

Days on market: 6

Walk Score®: 2
$329,800 : 7201 Butterfly Cir, Spanish Fort

4 beds, 3 full baths

Home size: 2,900 sq ft

Lot size: 20,000 sqft

Year built: 2012

Days on market: 7
$318,000 : 35812 Cramblitt Ln, Spanish Fort

5 beds, 3 full baths

Home size: 3,035 sq ft

Lot size: 14,812 sqft

Year built: 2011

Days on market: 8
$353,500 : 9507 Kasey Ct, Daphne

4 beds, 3 full baths

Home size: 3,281 sq ft

Lot size: 8,712 sqft

Year built: 2012

Days on market: 11
$549,000 : 430 Village Dr, Daphne

4 beds, 3 full, 1 part baths

Home size: 3,815 sq ft

Lot size: 16,286 sqft

Year built: 1976

Parking spots: 2

Days on market: 11

Walk Score®: 12
$219,900 : 9580 Marchand Ave, Daphne

4 beds, 3 full baths

Home size: 2,316 sq ft

Lot size: 14,560 sqft

Year built: 2006

Days on market: 12

Walk Score®: 14
$449,900 : 11166 Redfern Rd, Daphne

5 beds, 3 full, 1 part baths

Home size: 3,522 sq ft

Lot size: 37,674 sqft

Year built: 2011

Days on market: 12

Walk Score®: 2
$359,900 : 8510 Pine Run, Daphne

4 beds, 3 full baths

Home size: 2,723 sq ft

Lot size: 21,850 sqft

Year built: 2000

Days on market: 13

Walk Score®: 8
$365,000 : 11886 Halcyon Loop, Daphne

4 beds, 3 full, 1 part baths

Home size: 3,200 sq ft

Lot size: 27,965 sqft

Year built: 2011

Days on market: 14

Walk Score®: 0
$309,900 : 11782 Jericho Dr, Daphne

3 beds, 3 full, 1 part baths

Days on market: 15

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Gulf Shores may Lower fees for Developers

Barbara Reeves — Mon, 20 Jul 2009 22:10:56 +0000

image credit: sxc, new developments

The Gulf Shores City Council is considering lowering fees for developers, according to a recent report in the Press Register. Since July 2006, when a ‘boom-era’ of development was underway in the Gulf Coast of Alabama, an increased fee schedule was set up that charged developers, and others seeking to build structures and subdivide parcels; however, present circumstances make it more ‘reasonable’ to lower these fees and encourage new construction. Part of the proposed changes to the fee schedule include eliminating fees that are rarely charged, having a flat fee for planned unit development reviews, halving the fees charged to applicants for a planned unit development zoning, and adding two new fees for tree removal and signage permits. If these changes are approved, Gulf Shores AL will bring their fee schedule closer in line with neighboring communities.

For more information on the possible changes visit al.com.

For more information on real estate on AL’s Gulf Coast including Mobile, West Mobile, Fairhope, Daphne, and Spanish Fort contact your neighborhood realtor Barbara Reeves today.

Gulf Coast Home Sales Showing Increase this year

Barbara Reeves — Mon, 13 Jul 2009 22:05:42 +0000

According to a recent report on the Baldwin County real estate market, existing home sales in Alabama’s gulf coast have been increasing during the first half of this year. During the first six months of 2008 the sales of existing homes totaled 1,452, while this year it increased to 1,479 over the same time period. Another positive indicator of Gulf Coast Home sales is the monthly report on Baldwin County Multiple listing service which revealed that coastal area dollar sales in June increased to $83.4 million from May’s $78.6 million—a 6 percent rise.

For more information on Gulf Coast Homes, including Mobile, West Mobile, Fairhope, Spanish Fort, and Daphne AL contact your local agent Barbara Reeves today.

Business Leaders Expressing More Confidence in Alabama’s Economy

Barbara Reeves — Fri, 10 Jul 2009 16:09:28 +0000

image credit: sxc.hu

According to a recent survey conducted by the University of Alabama, business leaders are expressing more confidence in the state’s economy. The survey was based on about 250 business leaders’ responses that represented a variety of businesses statewide. Results offered an optimistic look as the Alabama business leader’s confidence index went from 32 from the second quarter to 46. Mobile County business leaders gave a similar rating with a business confidence index of 45.8.

With the economy continuing to do well in Alabama now is a great time to find your new home in the beautiful Gulf Coast. For more information on real estate in Mobile, West Mobile, Fairhope, Spanish Fort, and Daphne AL contact your local realtor Barbara Reeves today.

Mobile AL Cited in Top 10 Cities for Recession Recovery

Barbara Reeves — Fri, 12 Jun 2009 21:50:55 +0000

image credit: sxc.hu business

This week, Forbes Magazine cited Mobile AL in the top 10 cities for recession recovery. While many cities will be feeling the effects of the recession for a number of years, Mobile Alabama is bouncing back, with economists predicting growth this year. The Forbes study’s rankings offer data concerning projected gross domestic product of metropolitan areas across the nation, unemployment figures, home prices, incomes and affordability.

Read more about the findings of this Forbes study at forbes.com.

Now is a great time to look into Mobile AL living and real estate. For more information about Mobile or West Mobile AL real estate as well as Fairhope, Daphne, and Spanish Fort, AL contact your local realtor Barbara Reeves today.

New jobs expected in Mobile AL

Barbara Reeves — Mon, 11 May 2009 19:56:51 +0000

The Atlanta-based Ryla Inc. has selected a site for their new regional headquarters in Saraland, according to a recent article at wkrg.com. Ryla Inc. is a corporate data center and regional call center and this move will add more than 1,200 new jobs to the area. The company expects to hire about 400 employees by early summer. A growing business, Ryla Inc. had outgrown their Georgia location and is happy to bring in over a thousand jobs to the Mobile AL area.

For more information on buying or selling real estate in the Mobile or West Mobile AL area contact local agent Barbara Reeves today.

Mobile’s new Container Terminal Receives new Service

Barbara Reeves — Fri, 17 Apr 2009 17:04:05 +0000

This past Thursday, April 16th, Maersk Line announced that the Transatlantic (TA2) line will now be making weekly calls at the new Mobile Container Terminal. This same line offers shipping to Northern Europe, UK/Ireland, Scandinavian and Baltic destinations as well.

Mobile’s Container Terminal, which was a $300 million project, began operations October 2nd and is expected to handle approximately 150,000 units each year. The director of the Alabama State Port Authority, Jimmy Lyons, indicated that the new service was a ‘positive sign for the long-term success of the terminal.’ This new route for the Transatlantic is expected to save companies a lot of money that had hitherto had to go to the East Coast or New Orleans for service to Europe.

For information on real estate in the Mobile or West Mobile AL area, contact your local agent Barbara Reeves today via email or by clicking the “Talk Live” button on this page.

Saunders Yachtworks Receives Boatyard of the Year Award

Barbara Reeves — Fri, 10 Apr 2009 14:53:42 +0000

image credit: sxc.hu sails

Gulf Shores and Orange Beach Saunders Yachtworks facilities have received the Boatyard of the Year award. This award was given by the American Boat Builders and Repairers Association at their Fort Lauderdale FL annual Conference. The Press Register reported that the Boatyard of the Year award is granted to the boatyard that “demonstrates excellence in all facets of business” and are committed to positive customer and employee relations. This award comes at the wake of a new Gulf Shores headquarters building to be opened for business as well as their 50th anniversary.

Saunders Yachtworks has grown over the years and is a full-service marine company with facilities that include a 60 ton Travelift and 10,000 sq.ft. of interior work space. This marine company is one of many businesses on Alabama’s Gulf Coast that have received recognition for excellence and good business practices, helping the Mobile AL area to continue to grow and flourish.

For information on Mobile AL real estate, contact your local agent Barbara Reeves who is committed to making your Gulf Coast Homebuying experience easy and enjoyable.