Baldwin County FHA Appraisers

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RT @mobileappraiser “A Fragi…

29 August 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

RT @mobileappraiser “A Fragile Economy With High Unemployment And Uncertainty Will Be More Of A Fu.. http://bit.ly/cgyh42

“A Rising Absorption Rate When Selling A Home Within Lillian, Alabama!” By Albert Marshall Cheney, Certified Alabama Appraiser.

13 June 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

The marketing conditions in the Lillian, Alabama area indicates an increase in active listings and an increase in the months of housing supply (total listings/absorption rate) which could jeopardize local property values.

Over the past 12 months (13 June 2009 to 13 June 2010), there has been a reduction of 63% in sales (88 sales in the past 12 months), resulting in an over 20 months absorption rate (115+ active listings at this posting).

The active listings and housing sales primarily range from $29,900+ to $999,000+, including manufactured homes, colonial, contemporary, cottage, ranch, and other accepted local styles.

The median sale price percentage is 92.616% to 94.299% when comparing to asking list prices. Properties will move quicker if asking prices are competitive. So, unless competitively priced, be patient, a rising absorption rate will result in longer times when selling your home within Lillian, Alabama.

Contact Cheney Appraisal Services for additional information by telephoning (251) 533-2424 or email your comments and questions to Albert@CheneyAppraisalServices.com.

Tags: 12 Months, 13 June, Absorption Rate, Alabama Area, Appraisal Services, Cheney, Contact, Housing Sales, Housing Supply, Lillian Alabama, Marketing, Marshall, Median Sale Price, Property Values, Selling A Home, Selling Your Home

RT @mobileappraiser “The Nei…

29 March 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

RT @mobileappraiser “The Neighborhoods Of Spring Hill, A Popular Area For Mobilians To Live,” as d.. http://bit.ly/bToD4h

RT @mobileappraiser Mobile AL …

23 March 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

RT @mobileappraiser Mobile AL Real Estate Agents: How To Turn You Business Card Into A Lead Generat.. http://ow.ly/1qtNKb

“Enjoy SANIBEL CONDOMINIUMS in Gulf Shores, Alabama – Panoramic Views of the Beaches, Gulf of Mexico’s Blue-Green Waters and Nearby Little Lagoon!”

22 February 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

Sanibel Condo U-606 Gulf Shores 02162010 [13] The Sanibel Condominiums are located at 1524 West Beach Boulevard, Gulf Shores, Alabama 36542.

The directions are U. S. Highway 59 from Foley, Alabama, traveling south by car, entering Gulf Shores, Alabama, and ending at West Beach Boulevard. Then, take a right onto West Beach Boulevard (Highway 182) and travel west about 2+- miles. The Sanibel Condominiums complex is located on the right (near Little Lagoon).

Sanibel Condo U-606 Gulf Shores 02162010 [16] The Sanibel Condominiums project, 17 stories, was built in 2007 according to available multiple listing service (mls) records. There are 108 units which have access to the general grounds, open & underneath parking spaces, exercise room, private balcony patios, barbeque grills, outdoor swimming pool, elevators, access to the white sandy Alabama beaches & the Gulf of Mexico, recreation areas, etc. are most of the primary common elements.

As of this writing, there are fifteen (15) active listings (2 bedrooms, 2 1/2 baths; 3 bedrooms, 3 baths; 4 bedrooms, 2 1/2 baths; 4 bedrooms, 3 1/2 baths) found within the Sanibel Condominiums. Most of these fifteen active condo listings have asking prices from $265,000 to $479,900 depending on interior amenities, gross living area and location within the project. Sanibel Condo U-606 Gulf Shores 02162010 [02]

The multiple listing service (mls) indicates around eleven (11) condo sales ranging from $209,000 to $355,000 within the past year. Also, most of the monthly condo fees will range from $443 to $508. Even though the Sanibel Condominiums project is located across the road from the beaches, the majority of condo units have panoramic views of the Gulf of Mexico (southern views) and Little Lagoon (northern views).

Contact Al Cheney at (251) 533-2424 if you require more real estate related information about The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama.

Try these web-links for additional information: http://www.CertifiedAppraiserNames.com/, http://www.CheneyAppraisalServices.com/, http://www.MobileAlabamaFHARealEstateAppraisers.com/, http://www.RealtyLeaders.biz/.

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White Sandy Beaches And The GULF TOWER CONDOMINIUMS, Gulf Shores, Baldwin County, Alabama.

21 February 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

The Gulf Tower Condominiums are located at 1051 West Beach Boulevard, Gulf Shores, Alabama 36542-6225.

The directions are U. S. Highway 59 from Foley, Alabama, traveling south by car, entering Gulf Shores, Alabama, and ending at West Beach Boulevard. Then, take a right onto West Beach Boulevard (Highway 182) and travel about 1.4+ miles. The Gulf Tower Condominiums complex is located on the left with a white sandy beach & blue-green Gulf waters.

The Gulf Tower Condominiums project was built in 1984 according to available records. There are 49 units which have access to the general grounds, open & underneath parking spaces, exercise room, private balcony patios, barbeque grills, beach walkway, a beachside outdoor swimming pool, elevators, beach access, Gulf of Mexico views, recreation areas, etc. are most of the primary common elements.

Gulf Tower Condo 14W Gulf Shores 02162010 [03]

As of this writing, there are three active listings found within the Gulf Tower Condominiums. All three condo units have around 1,000+- square feet of living area with two bedrooms and two bathrooms. The asking prices range from $235,000 to $285,000.

Most of the recent condo sales (2 bedrooms, 2 bathrooms) have ranged from $199,000 to $249,000 within the past year.

Gulf Tower Condo 14W Gulf Shores 02162010 [10] Contact Al Cheney at (251) 533-2424 if you require more real estate related information about The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama.

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Baton Rouge Crush It Book Give…

7 February 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

Baton Rouge Crush It Book Giveaway! http://www.batonrougerealestateappraisal.com/crushitcontest/mobileappraiser

The Market Conditions In “TimberCreek,” Baldwin County, Alabama as told by Certified FHA Approved Appraisers.

25 January 2010 in Baldwin County FHA Appraisers by mobilealabamafharealestateappraisers.com | No comments

The TimberCreek residential development is a great golf community located along BLOGphoto-TimberCreek-Sign-01252010 [01] 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 located near major regional shopping centers, such as, the Malbis Regional Shopping Center, and Historic Downtown Mobile, Alabama is only about 20 minutes west by traveling along the I-10 BayWay. Gulf Shores, Orange Beach and Alabama’s white sandy beaches and blue-green waters of the Gulf of Mexico are about a 30-35 minute drive south by either Alabama State Highway 181 or U. S. Highway 59.

Currently, TimberCreek has at least twenty-six (26) active MLS (multiple listing service) REALTOR listings, about 18 homes with 2,500 to 4,200 square feet, and having asking prices between $300,000 and $500,000.

There have been around twenty-five (25) home sales in th BLOGphoto-TimberCreek-GolfCourse-01252010 [02] e past twelve months according to the Baldwin County Association of REALTORS. The vast majority of these TimberCreek homes ranged from $275,000 and $550,000. The lowest sale price was $214,900 for a three bedroom, two bathroom home with 1674 square feet. The highest sale price was $849,000 for a four bedroom, four full bathroom, two half bath home with 6,240 square feet.

The Sales Per Month Absorption Rate is currently three (3) homes per month in TimberCreek. With 26 active listings, the current housing supply is 8.67 months (26 active listings divided by 3 home sales per month).

TimberCreek’s Median Comparable Sale Price is now $365,000 compared to $472,000 four to six months ago. The days on market (dom) appears to mostly range from 134 days to 146 days over the past 12 months.

TimberCreek’s Median Sale Price as percentage of list price has slipped over the past twelve (12) months, and now seems to be somewhat recovering: 96.76%, 7-12 months ago; 89.95%, 4-6 months ago; past 3 months, 92.68%.

Albert Cheney, Cheney Appraisal Services, covers the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Albert Cheney is an active Certified Residential Real Property Appraiser and FHA Approved Appraiser with 35+ years experience in the real estate industry. Call Albert Cheney at (251) 533-2424 or Albert@CheneyAppraisalServices.com if you require more information about Alabama real estate and ordering a “Certified” real estate appraisal report.

Photographs taken by Albert Marshall Cheney, 25 January 2010.

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