Explore Spanish Fort, AL

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
January is probably the bleakest of months for home sales, between post-Christmas belt-tightening and the frigid weather. And this past month was no different with 57 sales compared to 89 sales in December 2010 on the Eastern Shore of the Mobile, Ala., metro area. Yet compare those numbers to the...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Overall, the 2010 housing market on the Eastern Shore showed marked improvement over 2009 with the number of sales up 13%. But remember, 2009 was pretty bad. The free-fall depreciation in home values in Fairhope, Daphne and Spanish Fort of 17.5% in 2009 slowed to 3.5% in 2010. Where and when we w...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
"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 th...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 2
October home sales in the Eastern Shore of Mobile, Alabama, slumped 22% in October over the previous month. But pending sales are up 14% over September's numbers in Fairhope, Daphne and Spanish Fort. Inventory is down slightly, from 1,151 last month to 1,099. New construction represents 13% of ho...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
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 dist...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
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 clou...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
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 Augus...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Home prices on the Eastern Shore continue to erode but at a much slower pace than last year's 17.5% depreciation. The average sales price of homes in Spanish Fort, Daphne and Fairhope fell 4.5% since the end of 2009. Generally, we were behind the rest of the country when The Great Recession hit, ...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 4
Somehow, I missed this in the don't-run-with-scissors lecture. On the eve of my son's 20th birthday, we gave him an Ipod Touch. He hot-footed it down to Best Buy to get an adapter so he could play it in his car. Around 9 p.m., as I was watching TV, I noticed through the half-glassed door to the g...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 1
Home sales on the Eastern Shore of Mobile, Ala., in the first half of 2010 posted their best numbers since 2007. And the 2nd quarter home sales between Spanish Fort and Point Clear helped put the numbers over the top with 294 sales, compared with just 157 this time last year and 227 in 2008. Fina...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Home sales remained steady in June, 2010, compared with May in Spanish Fort, Daphne and Fairhope. Ninety homes closed, just as 90 did in May on the Eastern Shore of the Mobile, Ala., metro area. Average sales price improved tremendously, as did the median sales price. List-to-sales price showed a...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
May, 2010, home sales on the Eastern Shore declined 16% from April, as the market took a breather after the rush to the finish of the home buyer tax credit. Between Spanish Fort and Point Clear, 90 homes closed, compared with 108 sales in April. Pending sales sagged too, with 146 under contract i...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Gosh, it's been grim.   But I'm here to tell you that this month - April 2010 - feels like it might as well be 2005, considering the volume of house sales going on.   Sure, the homebuyer tax credit expires April 30. Sure, some people moved up their time frames to capture as much as $8,000 in tax ...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Pending sales have soared as the expiration of the home buyer tax credit approaches. By April 8, 173 homes on the Eastern Shore of the Mobile, Alabama Metro area had gone under contract, up from 125 under contract during the first week in March, 2010. Of these, 43 are new construction and 30 are ...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Home sales rose 46% in February and pending sales increased almost 7% over January on the Eastern Shore of the Mobile, Alabama, Metro area. Ok, so January is rarely a great month in real estate in Spanish Fort, Daphne and Fairhope. But an increase from 43 sales in January to 63 in February (even ...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
Pending home sales are showing signs of better days ahead for the real estate market on the Eastern Shore of the Mobile, Alabama, Metro area. January sales were typically weak, at 43 homes sold in Spanish Fort, Daphne and Fairhope, compared with 56 in December 2009. Still, last month's sales were...
The TimberCreek residential development is a great golf community located along the south side of U. S. Highway 31, the west side of Alabama State Highway 181, on the north side of U. S. Interstate Highway 10 and just minutes east of the delta areas and Mobile Bay. TimberCreek is conveniently loc...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 1
  Statistics can be manipulated. But the evidence shows a 17.5% decline in house values on the Eastern Shore in 2009. Coupled with our deceptive and behind-the-rest-of-the-nation 1% decline in 2008, housing prices are almost back to pre-Hurricane Ivan levels of 2003-04.             The picture is...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 0
            Home sales on the Eastern Shore of Mobile Bay proved to be weak in December, as sales declined to 56 compared to 65 in November.             A poll of Realtors by the National Association of Realtors predicted a lull during the holidays and that was borne out in the statistics. Locall...

By Janet English, Market expert in Daphne, Spanish Fort, Fairhope
(RE/MAX By The Bay, Daphne Alabama)
Comments 2
On this cold day at Christmas my true love gave to me, a new pre-lit artificial tree. That's what I woke up to.  And not too long later, Tiger assumed her position as the guardian of the tree. At 11 inches, 13 pounds, she is the keeper of the Christmas tree. When she and her sister Lily were fres...

Spanish Fort, AL Real Estate Professionals