Below you will find a table that contains the Market Activity report for 8-19-09 activity in the Mobile AL Real Estate Market according to the Mobile Association of Realtors MLS system. This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit visit http://www.GulfRegionProperties.com/ Mobile AL Real Estate Market Snapshot 08/19/2009 Single Family Homes and Condominiums New Listings 20   Price Reductions 3   Price Increases 0   Back on Market 2   Pending Transactions 2   Sold Transactions 0   Withdrawn from the Market 7   Expired Transactions 2   NET GAIN (LISTINGS) 11   08/20/2009

Please join us this Sunday at our Open House Blitz in Mobile on Sunday, August 16th.  We are having open houses at 24 different properties around town.  Please visit us.  We will have valuable financing information, market statistics, and other real estate information. Please call 251-662-5660 if you have any questions.  Please visit our website at www.KWMobile.net 08/15/2009

I was so upset when the Coast Guard moved Sonya Unkrich's husband to Tennessee and she went with him! When you find someone who does a great job with your hair, you never want to lose them. So you can imagine how thrilled I was when Sonya contacted me to let me know she was moving back to Mobile. She opened a shop on Cottage Hill Road and my girls, my grandchildren and I have been loyal customers ever since. The Hair Saloon (yes we said Saloon) is a full service hair salon serving West Mobile since 2005.  Owner Sonya Unkrich, a Master Cosmetologist and native of Panama City Florida, has been doing hair since High School.  The wife of a career Coastie and her high school sweetheart, Sonya and Chuck have chosen to settle down in the Mobile area having served our country for more than 30 y... 08/11/2009

GATEWOOD ESTATES is one of the newest smaller subdivisions located within the Dawes Lake area, east side of Dawes Road, just north of Dawes Lake Road. The average price per square foot is $122.49. The average asking price is now $313,711. There are currently around 9 active listings on the market. Sold Properties Total # of Listings12 Lowest Price Listing$284,900 Highest Price Listing$373,000 Average Price$324,600 Avg. Price/SqFt$122.49 Avg. Days on Market182 Active Properties Total # of Listings9 Lowest Price Listing$249,900 Highest Price Listing$389,900 Average Price$313,711 Avg. Price/SqFt$119.64 Avg. Days on Market121 GATEWOOD ESTATES SUBDIVISION plat map link: http://urban.cityofmobile.org/urban_pc/reports/16gatewoodsub200500167.pdf. The plat will illustrate the 37 lot, 19.5 acre +... 08/01/2009

Hey there, from MobileAppraiser, Albert Cheney's Twitter!  Albert, a Mobile Alabama FHA Certified Online Appraiser is now using Twitter to keep in touch with clients and friends! Twitter is a free service that lets you keep in touch with people through the exchange of quick, frequent answers to one simple question:  What are you doing? Join today and start receiving MobileAppraiser's updates.  Go to http://twitter.com/mobileappraiser. Please also check out Albert's newest blog real estate web site, http://www.mobilealabamafharealestateappraisers.com/. Albert, FHA Certified Online Appraiser, will periodically update this web site with "Mobile Bay Metro Area," Baldwin & Mobile Counties of Alabama, real estate information you will want to know!  Keep this web site as a favorite! If you are... 07/17/2009

It's amazing to me that someone could write an article on a subject they seem to know so little about and have it published nationally. There was an article in last week's Mobile Press Register giving tips to consumers who were interested in buying foreclosures, also known as REO (real estate owned) properties. It was not written by our local editor, so the information in this article was probably published in many papers.  One of the tips was to contact the REO listing agent directly because there would be only one agent to pay, inferring that the buyer would save money because the commission would be lower. Now, we list REO properties, so we could greatly benefit from that advice, however, it is very misleading. We do have sellers from, time to time, that want us to cut the commission... 07/12/2009

     Certified Online FHA Appraiser, Albert M. Cheney, reporting on Taylor Pointe Subdivision located within western Mobile County, outside the city limits, along Jeff Hamilton Road, near Cottage Hill Road.      Taylor Pointe, Subdivision has 47 lots per record with a few common areas.      The builder/developer is J. Craig Homes and if wanting more information, go to http://www.jcraighomes.com/homes.html and ask your questions.      The majority of the homes will range from 2,200 square feet (subdivision minimum) to 3,000 square feet with primarily four bedrooms and three to four bathrooms.  There are only a couple of homes having three bedrooms and one home having five bedrooms according to the online records.      Within the past year, the Average List Price is around $325,231 and th... 07/08/2009

Area: 03 - MidTown East Sales were down in June, but we are looking for a strong July. Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory January 2008 17 $138,342 $134,134 96.96% 56 148 8.71 February 2008 12 $181,450 $169,531 93.43% 81 156 13 March 2008 17 $201,677 $194,915 96.65% 64 170 10 April 2008 20 $181,853 $177,985 97.87% 43 169 8.45 May 2008 17 $227,412 $214,994 94.54% 107 170 10 June 2008 28 $181,032 $178,314 98.50% 92 177 6.32 July 2008 20 $170,388 $162,837 95.57% 113 172 8.6 August 2008 13 $217,210 $207,650 95.60% 33 186 14.31 September 2008 22 $199,873 $196,476 98.30% 90 188 8.55 October 2008 17 $194,631 $183,173 94.11% 54 170 10 November 2008 10 $235,238 $219,047 93.12% 103 166 16.6 December 2008 7 $116,343 $112,62... 07/08/2009

AREA 2 - MIDTOWN SOUTH After a very slow start this year, sales are starting to pick up in Midtown South.  Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory January 2008 1 $119,900 $117,500 98.00% 16 41 41 February 2008 2 $55,700 $63,300 113.64% 2 41 20.5 March 2008 4 $146,320 $145,975 99.76% 106 48 12 April 2008 8 $214,388 $206,562 96.35% 127 46 5.75 May 2008 9 $149,067 $143,078 95.98% 66 53 5.89 June 2008 3 $189,800 $187,167 98.61% 72 51 17 July 2008 3 $215,300 $205,000 95.22% 63 49 16.33 August 2008 3 $189,000 $165,625 87.63% 97 53 17.67 September 2008 5 $154,480 $158,640 102.69% 24 53 10.6 October 2008 7 $186,229 $179,143 96.20% 63 50 7.14 November 2008 3 $264,300 $261,334 98.88% 32 45 15 December 2008 3 $132,027 $127,583 ... 07/08/2009

I just learned about an idea that started on a blog in March called the 3/50 Project. The idea is the brainchild of a retail consultant, professional speaker and writer, Cinda Baxter. It's really very simple. Pick three local businesses that you would not like to see go out of business. Spend at least $50 each month at each business. Pass the idea along. That's all there is to it. What an easy way to help your local economy! I'll be eating at Dick Russell's BBQ tonight. It's a start. ------------------------------------------------------------------------   This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty Mobile, AL; 877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com. Search all the listings in Mobile County, Baldwin County and on the Mississi... 07/05/2009

FHA Appraiser, Albert M. Cheney, reporting on The Woodlands At The Preserve Subdivision located along the north side of Girby Road between Government Boulevard and Hillcrest Road within the city of Mobile, Alabama. The Woodlands At The Preserve Subdivision has 82 lots and, since 2006, around half of the lots have homes. The majority of the homes will range from 2,000 square feet to 2,500 square feet with three bedrooms and two to three bathrooms. The Average List Price is $368,857 and the Average Sale Price is $332,361 at this time. The Average Sold Price Per Square Foot is $154.59. The Average Number of Days On Market (DOM) is 127 days at this time;  although, the current economic and lending conditions could lengthen the days on market (DOM). The Listing Price To Sales Price Ratio is ... 06/30/2009

This service allows my subscribers to track the real estate values and trends in specific areas in Mobile and Baldwin Co.  Simply follow this link: http://www.southalabamahomevalues.com/ and in minutes you will receive your personalized Market Snapshot.    06/29/2009

Sales and Inventory History Wednesday, June 24, 2009Category - Residential / Area: 17 - Cottage Hill S Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory January 2006 23 $127,903 $126,590 98.97% 42.0 67 2.91 February 2006 26 $184,983 $185,132 100.08% 28.0 57 2.19 March 2006 41 $160,804 $157,532 97.97% 42.0 49 1.20 April 2006 26 $207,706 $207,692 99.99% 39.0 64 2.46 May 2006 36 $164,342 $164,174 99.90% 21.0 61 1.69 June 2006 39 $210,554 $207,355 98.48% 38.0 79 2.03 July 2006 28 $177,882 $178,543 100.37% 48.0 90 3.21 August 2006 32 $174,297 $173,109 99.32% 38.0 89 2.78 September 2006 25 $175,190 $174,974 99.88% 41.0 97 3.88 October 2006 29 $174,612 $171,243 98.07% 54.0 104 3.59 November 2006 24 $150,841 $150,848 100.00% 43.0 109 ... 06/24/2009

THIS HAS BEEN CANCELED, but if you would like to help please call one of the numbers on the flier. Thanks. ----------------------------------------------------------------------------------------------------------------------- This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty Mobile, AL; 877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com. Search all the listings in Mobile County, Baldwin County and on the Mississippi Gulf Coast any time for free with no sign in requirement from PortCityRealty.com. Current Foreclosure List and Information Current Waterfront List and Information Current Mobile Condo List and Information   06/23/2009

Accepted Contracts:8316 Bennett - HUD/Joe Winans10570 Wulff Road - Lee Martin8686 Three Dean Way - Mary Thomas(That makes 23 properties under contract!!) Closings:5471 Drexel Drive - $91,000 - Brandi Cook416 E. 21st Avenue - $82,000 - Lee Martin Listings:195806 - Details: 3105 DOG RIVER RD, THEODORE, AL - $329,900 - Brandy Lutz195558 - Details: 409 PALMETTO CT, GULF SHORES, AL - $82,000 - Lee Martinhttp://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3488916 Date Range: 06/14/2009 - 06/20/2009   First Time Unique Visitors 218.00 Prior Unique Visitors 26.00 Total Unique Visitors 244.00   Average First Time Unique Visitors Per Day 31.14 Average Prior Unique Visitors Per Day 3.71 Average Unique Visitors Per Day 34.86   Initial Sessions 244.00 Repeat Sessions 44.00 Total Unique... 06/23/2009

 For the past six months we've been optimistic (some would say naively) that Mobile would weather the current recession better than most communities. Last week Forbes confirmed that view, by naming Mobile one of the "Best Cities in America for Recession Recovery." This designation is not much comfort if you have been laid off or your company is facing difficulties, but if we continue to embrace a diversified economy (health care, education, shipbuilding and aerospace) the worst may be behind us. Meanwhile, major announcements continue to set a remarkable pace in Downtown Mobile. Birmingham hotel developer Mike Cowart, who finished the new Hampton Inn in record time, has announced his plans for the site of the American National Building at St. Joseph and St. Louis Streets. Once again in ... 06/18/2009

They Should. Mobile, Alabama is once again on Forbes - "Best Cities" List. This time Mobile has been named one of The Best Cities For Recession Recovery. Read about all the cities here.  Mobile was also named this year in Forbes - Best Medium Cities for Jobs, and in 2008 in Forbes America's Fastest-Growing Large And Small Metros. Forbes is not the only one who has noticed our fair city. Money Magazine, Entrepreneurs and Best Cities are only a few that have all recognized Mobile in the past couple of years. We have new industries coming to our area that include the largest steel mill in North America, and a new speedway. The executives that are choosing Mobile are doing so because they like our location, our local government and our beautiful city. With our historic neighborhoods, our wa... 06/13/2009

With today's Real Estate Market being a bit flat nation wide. Sellers and potential seller are still holding out on price. Not wanting to reduce the price on their properties thinking they will get the price "they want for a home. Not realizing a home will only sell for what the market will bare. In other words a home is only going to sell for what a buyer will pay for it. Seller have in their mind what they think their house is worth. They may have done upgrade and improvements and drop invested money into the property with the expectation of making that money back when they sell. This also can end up being a bad deal for the seller because the modifications to the home or upgrade may or may not be what a potential buyer deems worthy of a particular price. Enter the Comparable property... 04/26/2009

The Mobile Keller Williams Realty office will be holding its quarterly Open House Blitz this Sunday, April 19th.  from 2:00 - 5:00.  This quarter we will be holding open houses in over 15 homes in both Mobile and Baldwin County.  Please check out the homes listed below.  Please call me at 251-215-9382 if you need directions to any of the homes.  More information on the homes can be found on the Mobile Keller Williams Realty website at www.KWMobile.net  We hope to see you at one or more of these wonderful homes. 04/17/2009

      If you've ever wondered what there might be to do in Downtown Mobile on a Friday afternoon. In the span of an hour in an area no larger than five blocks - In Bienville Square, artist Aaron Hunt painted a massive depiction of the Passion of Christ, hundreds of bikers rolled through the Bankhead Tunnel to raise money for the American Cancer Society and families enjoyed live music in Cathedral Square during Fridays @ 5. As this single hour in a Friday afternoon demonstrates Downtown Mobile is many things to many people...and we haven't even gotten into the events of one of our really action-packed weekends! With Arts Alive and Volunteer Mobile's Shrimp Cook Off bringing thousands of fans and supporters, April 17-19 is shaping up to be one of the best weekends to experience Downtown.... 04/17/2009