Economic News, Real Estate Market And The Mobile Bay Metro Area!
Local, Regional and National News will be provided within this category. Also, Cheney Appraisal Services, Albert Marshall Cheney, will provide articles, information and opinions about the local real estate market within “The Mobile Bay Metro Area – Baldwin County and Mobile County of Alabama!”
“A Fragile Economy With High Unemployment And Uncertainty
Will Be More Of A Future Problem Than The BP Oil Spill.”
Al Cheney’s Comments and Opinions for 29 August 2010.
As a local, born and raised in the Mobile Bay Metro Area, I am sincerely happy that the bubbling crude has finally been capped after 90 days-after 90 days! It is worth repeating since this horrific ecological and environmental disaster should have never lasted this long if it wasn’t for the many faux pas by BP Oil and our own government. They say, the majority of the surface oil has dissipated and now can’t be found. Oh, really? The “on the surface” crude problem is only hiding in the depths of the sea-harming crustaceans, oysters and other seafood for years to come.
And, yes! I do realize that biological organisms will thrive on the raw crude and eventually remove it as a major threat but, this will take a very long time. The damage has already been done and its true damage is still hidden in the depths of the sea. Enormous amounts of crude, damaging dispersants, oil soaked wetlands and sea bottoms are here to stay for decades. A possible ecological disaster lurks beneath the sea and within the wetlands for years to come.
Furthermore, the inappropriate government overreach in shutting down oil rigs (overdramatic and very political), media sensationalism damaging our Gulf Coast tourism, and an already weaken real estate industry has created more negative affects upon Alabama and the other States along the Gulf Coast. Honestly, at this time, the affects of any significant real estate recovery and tourism is unknown.
The fact is that, a fragile economy and a weakened real estate industry have been further exacerbated by the crude ecological and environmental disaster, and the crude politics of Washington. And, our tourism for this year has been damaged by irresponsible journalism media. Even so, the coastline of the Gulf States and its real estate will overcome this adversity and will eventually be less affected by the BP oil spill and the many missteps of Washington. The media needs to practice more responsible journalism and avoid the traps of sensationalism. Sensationalism is not journalism!
Well, our coastal properties along the beaches as well as other properties with gulf views and close to water tributaries will eventually improve over time. For now, the recent past spreading of crude through the Gulf of Mexico has resulted in a deeper real estate market slowdown affecting property values near and along the Gulf Coast. Whether legitimate, or not, many homes located well off water tributaries have also been affected to some degree. It is a real estate market slowdown caused by a fragile economy and the worse oil spill known in North America.
From my standpoint, the negative value affects for homes located off the beaches and the Gulf of Mexico should be negligible as time leads us into the future. Then, when looking back in time, I believe, this catastrophe will reflect “a blip on the radar screen” when focusing only on the 90-day oil spill disaster. Then, there could be the possibility of a more normal level and slight positive return of property values; if a more normal level can be equated with a fragile economy under severe stress.
The fragile economy with high unemployment (9.5% but does not include the people who have given up) and uncertainty will be much more of a future problem for Gulf Coast property values than the BP oil spill. As time leads us into the end of 2010 and into the beginning of 2011, an even more fragile economy and real estate industry might be the result when continuing to implement recessive programs and tactics by the government while banks, entrepreneurs and small businesses mostly sit on the sidelines, “digging in their heels” or “going out of business” sales. Only deregulation and lowering taxes, the cessation of large government spending, small business incentives (get the oil riggers, shrimpers and other parts of the Gulf Coast seafood industry back to work) as well as “just plain honest positive talk” from the current Administration and our government representatives (most of them forget that they work for us) will improve the real estate industry-part of the backbone of America!
Tags: 29 August, Biological Organisms, Bp, Bp Oil Spill, Cheney, Coastline, Dispersants, Ecological Disaster, Fragile Economy, Gulf Coast, Irresponsible Journalism, Media Sensationalism, Metro Area, Mobile Bay, Oil Rigs, Oysters, Sea Bottoms, Surface Oil, Uncertainty, Wetlands
The coastal properties in Alabama, Florida, Louisiana, Mississippi and Texas will be affected by this catastrophic oil spill for years to come. As of today, now 47 days and still counting, BP Oil has been ineffective in successfully stopping the flow of oil. Therefore, our Gulf Coast is faced with environmental devastation, loss of marine life and wildlife, further property devaluation (not that inept governmental and political faux pas were enough to damage), illusion of an economic recovery, businesses closing, and loss of livelihoods for longtime residents.
As a person who has lived in the Mobile Bay Metro Area (Baldwin County and Mobile County of Alabama) the majority of my life, this massive oil spill in the Gulf of Mexico conjures up so many emotions and thoughts inside me and, many unkind words (please forgive) towards all who have dragged this on for much too long. Also, the lack of expedience and nondisclosures which could be labeled lies has certainly not helped to comfort Gulf Coast residents. It is quite evident that many Gulf Coast residents do not believe BP Oil and the government have properly handled this oil spill catastrophe.
Anyway, this oil spill catastrophe will apparently be with us for many months and years to come. Our Gulf Coast area will never be the same and will definitely affect the United States as a whole and potentially have International negative implications. Also, unfortunately, coastal properties more than likely will be faced with further decline in value; not that government intrusions and regulations as well as poor and restrictive lending practices have already been enough to damage our property values and the real estate industry as a whole.
So, how will the coastal real estate marketability be affected within the Gulf Coast states? Whether true or not, the stigma of an oil spill catastrophe will, in my opinion, have a potential affect on the marketability of properties along the Gulf Coast. How much of an affect is still an unknown? The future selling of coastal properties should begin to hold the answers to these questions. So, “time will tell.”
Is your property rich in oil? If so, it’s certainly not the way you want to discover oil on your property. Contact a professional you trust and get sound advice when the stigma of oil has knocked on your door. There are many good Certified Real Estate Appraisers and Attorneys in the Gulf Coast states. It is always important to understand the affects of this oil spill upon our coastal properties.
Information and opinions have been provided by Cheney Appraisal Services, Albert Marshall Cheney, a Certified Residential Real Property Appraiser for the state of Alabama, (251) 533-2424. Albert Cheney has over 35 years of real estate experience in the southern part of Alabama.
Tags: a catastrophic oil spill, Alabama coastal properties, Appraisers for oil spill property damage, Baldwin County, Bayou La Batre Alabama, Bayous, Bays, Biloxi Mississippi, Blue Heron, Bon Secour Alabama, Bp Oil, Brown Pelican, Coastal Properties, coastal properties damaged, Coastal Real Estate, Coden Alabama, Daphne Alabama, Dauphin Island Alabama, Deep Sea Fishing, Destin Florida, Devaluation, Environmental Attorneys, Environmental Devastation, Estuaries, Fairhope Alabama, Florida coastal properties, Fort Gaines, Fort Morgan, Fort Walton Beach Florida, Government Intrusions, Grand Bay Alabama, Grand Isle Louisiana, Gulf Coast Area, Gulf Coast Residents, Gulf Coast States, Gulf Of Mexico, Gulf Shores Alabama, Gulfport Mississippi, Houma Louisiana, Inlets, Intercoastal Canal, Lake Pontchartrain, Lake Pontchartrain Causeway, Lawyers for property damage, Longtime Residents, loss of marine life, loss of wildlife, Louisiana coastal properties, Louisiana Mississippi, Magnolia Springs Alabama, Marketability, Massive Oil Spill, Metro Area, Mississippi coastal properties, Mississippi Sound, Mobile Bay, Mobile County, Morgan City Louisiana, Mullet Point Alabama, Negative Implications, New Orleans Louisiana, Ocean Springs Mississippi, Oil Spill Attorneys, Orange Beach Alabama, Oyster Bay, Pascagoula Mississippi, Pensacola Beach, Pensacola Florida, Perdido Beach, Perdido River, Point Clear Alabama, political faux pas, preserving water quality, Rivers, Sea Turtles, Swamps, Tampa Bay, Tampa Florida, Texas coastal properties, Unkind Words, Venice Louisiana, vital waterway of New Orleans, Waveland Mississippi, Weeks Bay
On the 20th April, 2010, the Deepwater Horizon offshore drilling rig, operating off the coast of Louisiana, had a massive oil spill in the Gulf of Mexico. This oil spill resulted in a blowout leading to an explosion. At this point in time, Gulf Coast residents were not fully aware of its severity but very concerned about their future.
Now, we’re twenty-eight (28) days and counting down to a potentially life changing event for Alabamians. We are all wondering about our beautiful Alabama beaches, our coastal waters, our wildlife and our livelihood. How severe will this oil spill affect our lives in Alabama? Are we counting down to an impending threat to the Alabama coastline? Will it be a disaster negatively affecting the Alabama coastline for decades to come? How will Alabama coastal properties be affected by this catastrophe? Will the marketability of coastal Alabama real estate be affected and labeled with the stigma as “oil spill property,” whether true or false? Will your property be worth more or less after the oil spill reaches the shores of Alabama? I think you already know the answer for many of these questions.
If your coastal real estate becomes affected from this oil spill, contact a qualified attorney for advice and remember Cheney Appraisal Services, Albert M. Cheney, (251) 533-2424, as your Certified Residential Appraiser.
Tags: 20th April, 28 Days, Alabama Real Estate, Alabamians, Appraisal Services, Coastal Alabama, Coastal Properties, Coastal Real Estate, Coastal Waters, Deepwater, Gulf Coast Residents, Gulf Of Mexico, Impending Threat, Livelihood, Marketability, Massive Oil Spill, Offshore Drilling Rig, Point In Time, Residential Appraiser, Stigma
“When Mobile’s Saenger Theatre opened on January 19, 1927, it was the sixty-first Saenger theatre of a chain founded by J.H. and A.D. Saenger of New Orleans. There were Saenger Theatres located throughout the South as well as in Cuba and Puerto Rico. Hailed as, “Alabama’s Greatest Showplace” and, “the most beautiful playhouse in all of Dixie,” the Mobile Saenger Theatre took a year to construct at a cost of about 500,000 dollars. Designed by renowned architect, Emile Weil …”
“The Saenger Theatre of Mobile now functions as a performing arts center and is the official home of the Mobile Symphony Orchestra. The Saenger features an annual Summer Movie Series and presents numerous concerts, lectures and special events. The Saenger Theatre is a historic landmark, dear to the hearts of Mobilians for its architectural grandeur and ties to our cultural history as well as for the extraordinary caliber of entertainment it offers our community today.”
Read the entire history of the Saenger Theatre as well as its scheduled events and box office information by clicking this web-link, http://www.mobilesaenger.com/info.php.
Contact Information
Box Office Entrance
6 South Joachim Street
Mobile, Alabama 36602
Administrative Offices: 251-208-5600
Rental Info: 251-208-5608
FAX: 251-208-5607
Box Office: 251-208-5600
Email: saengertheatre@cityofmobile.org
Administrative Office Entrance
250 Conti Street
Mobile, Alabama 36602
Theatre Staff & Management
Nichole T. Loper, Operations Manager
Patty Thompson, House Manager
Mitch Teeple, Production Manager
Chris Penton, Settlement Agent
Kelly Somers, Box Office Clerk
Lorenzo Franklin, Custodian
VOLUNTEERING: The event support committee consists of community volunteers from all walks of life whose dedicated service is invaluable to the Theatre’s operation.
If you would like to join our event support committee, please call Patty Thompson at 251-208-5608. If you would like to become a CLA member, please call Jani Young at 251-208-5652.
(Photograph by Al Cheney, 7th February 2010, FHA Approved Residential Appraiser with Cheney Appraisal Services, 251-533-2424.)
Tags: Al Cheney, Alabama Landmark, Alabama Real Estate, Albert Marshall Cheney, Appraisal Report, Architect, Architectural Grandeur, Bienville Square, Broad Street, Certified Appraisers, Cheney, Cla Member, Colonial style, Commercial Leasing, Community Volunteers, Conti Street, Cottage style, Dauphin Street, Economic Projects, Emile Weil, FHA Approved Appraisers, Hampton Inn & Suites Hotel Downtown Mobile, Historic Homes, Historic Homes Tour, Historic Mobile, Holiday Inn Downtown Historic, House Manager, Jackson Street, Joachim Street, Loper, Mardi Gras, Metro Area, Mobile Alabama, Mobile Area, Mobile County, Mobile County AL (251) 533-2424, Mobile History, Mobile Landmark, Mobile Saenger Theatre, Mobile Symphony, Mobile Symphony Orchestra, Mobilians, Office Entrance, Property Appraiser, Radisson Admiral Semmes, Real Estate Appraisal, Real Estate Listings, Renaissance Mobile Riverview Plaza Hotel, Renowned Architect, RSA Tower, Saenger Theatre, Settlement Agent, Showplace, St. Francis Street, St. Louis Street, Street Mobile, Support Committee, Teeple, Theatre Staff, Victorian, Walks Of Life, Water Street
STATE OF MISSISSIPPI
Mississippi Real Estate Appraisals
Certified FHA Approved Appraisers For Home And Other Real Property Appraisals
Certified Appraiser Names (CAN) website is here to assist with your Mississippi real estate property appraiser needs.
Certified Appraiser Names (CAN) website gives you the ability in finding the highest quality Mississippi real estate appraisals by providing web-links to Active, Certified, and FHA Approved Appraisers.
The Mississippi real estate appraisal district is an area where Certified Appraiser Names (CAN) tries to provide qualified real estate appraisers who can handle all your appraisal requirements—Acreage and Lot (Land) Reports, Before & After home valuations (hurricane, storms), Commercial, Desktop and Field Reviews (residential properties), Employee Relocations (ERC reports), Estate Valuation Reports (Settling Estates with real property), Equity Line loans, Federal (IRS) and State tax situations, Foreclosure and HUD home appraisal reports, Home Modifications and Retentions, Home or Residential Mortgage refinancing, Matrimonial Real Property settlements (Divorces), New Home Construction (progress and final inspections), Primary and Secondary residential mortgages, Real Property Tax Assessment appeals, Removing Private Mortgage Insurance (PMI).
Go to http://www.CertifiedAppraiserNames.com/ and search for your city or town in Mississippi, click on an appraiser’s web-link of choice, and call them today for a FREE real estate appraisal quote!
Are you a Certified FHA Approved Real Estate Appraiser with an active website and wanting to swap web-links with Albert Cheney at http://www.CheneyAppraisalServices.com/? If you are, call Al Cheney at (251) 533-2424 or email your interest to AlbertCheney@CheneyAppraisalServices.com. Also, it’s a FREE listing! Thank you!
Tags: Alabama Certified FHA Approved Appraisers, Alabama Real Estate, Albert Marshall Cheney, Amite Franklin Pike County, Appraisal Requirements, Appraisers, Appraisers Bay Minette, Appraisers Fairhope Alabama, Arkansas Certified FHA Appraisers, Baldwin County Economic News, Biloxi MS Appraisers, Certified FHA Appraisers, Channel 15 News, Choctaw Kemper Winston Newton Scott Jasper Clay Clarke Smith County, Columbus MS Appraisers, Daphne Al, DeSoto Marshall County, Employee Relocations, Fairhope AL, Federal Irs, FHA Approved Appraisers, Florida Certified FHA Appraisers, Forrest County, Fox News, Georgia Certified FHA Appraisers, Grand Bay AL, Greene, Gulfport MS Appraisers, Hancock County, Harrison County, Hattiesburg MS Appraisers, Home Valuations, Hurricane Storms, Jackson George Stone County, Jackson Mississippi Certified Appraisers, Jackson Mississippi FHA Appraisers, Jackson Mississippi foreclosures, Jackson Mississippi homes for sale, Jackson Mississippi neighborhoods, Jackson Mississippi radio stations, Jackson Mississippi Real Estate, Jackson Mississippi real estate for sale, Jackson Mississippi rental homes, Lamar Marion Jones County, Line Loans, Little Rock Arkansas Real Estate Appraisers, Louisiana Certified FHA Appraisers, MISSISSIPPI appraisers roster, MISSISSIPPI casinos, Mississippi Certified FHA Appraisers, MISSISSIPPI cities, MISSISSIPPI counties, MISSISSIPPI county, MISSISSIPPI FHA Approved Appraisers, MISSISSIPPI governor, MISSISSIPPI highways, MISSISSIPPI home appraisers, MISSISSIPPI Licensed Appraisers, MISSISSIPPI neighborhoods, MISSISSIPPI radio stations, Mississippi Real Estate, MISSISSIPPI real estate appraisers, MISSISSIPPI rivers, MISSISSIPPI towns, MISSISSIPPI TV stations, MISSISSIPPI weather, Mobile Alabama Economy, Mobile County Alabama Certified FHA Appraisers, New Home Construction, North Carolina Certified FHA Appraisers, Oklahoma Certified FHA Appraisers, Pascagoula, PASCAGOULA appraisal reports, PASCAGOULA appraiser, PASCAGOULA APPRAISERS, PASCAGOULA businesses, PASCAGOULA city maps, PASCAGOULA foreclosures, PASCAGOULA geographical location, PASCAGOULA government, PASCAGOULA history, PASCAGOULA Ingalls Shipbuilding, PASCAGOULA Market St, PASCAGOULA MISSISSIPPI FHA APPROVED APPRAISER, PASCAGOULA MS Appraiser, Pascagoula MS Appraisers, PASCAGOULA MS attractions, PASCAGOULA MS FHA APPRAISERS, PASCAGOULA MS FHA Approved Appraisers, PASCAGOULA MS Gulf Coast, PASCAGOULA MS Homes for Sale, PASCAGOULA MS neighborhoods, PASCAGOULA MS people, PASCAGOULA MS public utilities, PASCAGOULA MS radio stations, PASCAGOULA MS Real Estate, PASCAGOULA MS roads, PASCAGOULA MS schools, PASCAGOULA real estate agents, PASCAGOULA real estate appraisers, PASCAGOULA schools, PASCAGOULA TV stations, Pear River County, Perry, Private Mortgage Insurance, Property Appraisals, Property Settlements, Property Tax Assessment, Real Estate Appraisal, real estate appraisal ethics, real estate appraisal news, real estate appraisal report, real estate appraisal reports, real estate appraisal values, Real Estate Appraisals, Real Estate Appraisers, Real Estate Appraisers in Alabama, Real Estate Appraisers in Arkansas, Real Estate Appraisers in Florida, Real Estate Appraisers in Georgia, Real Estate Appraisers in Louisiana, Real Estate Appraisers in Mississippi, Real Estate Appraisers in North Carolina, Real Estate Appraisers in Oklahoma, Real Estate Appraisers in South Carolina, Real Estate Appraisers in Tennessee, Real Estate Appraisers in Texas, Real Estate Appraisers Jacksonville Florida, Residential Mortgages, residential real estate appraisal services, residential real estate appraisals, Saraland AL, Satsuma AL, Settling Estates, South Carolina Certified FHA Appraisers, Spanish Fort Al, State Of Mississippi, State Of Mississippi Mississippi, Stephen M Parker, Sunflower Holmes Yazoo County, Tax Assessment Appeals, Tennessee Certified FHA Appraisers, Texas Certified FHA Appraisers, Theodore AL
Alabama Real Estate Appraisals
Certified FHA Approved Appraisers For Home And Other Real Property Appraisals
Certified Appraiser Names (CAN) website is here to assist with your Alabama real estate property appraiser needs.
Certified Appraiser Names (CAN) website gives you the ability in finding the highest quality Alabama real estate appraisals by providing web-links to Active, Certified, and FHA Approved Appraisers.
The Alabama real estate appraisal district is an area where Certified Appraiser Names (CAN) tries to provide qualified real estate appraisers who can handle all your appraisal requirements—Acreage and Lot (Land) Reports, Before & After home valuations (hurricane, storms), Commercial, Desktop and Field Reviews (residential properties), Employee Relocations (ERC reports), Estate Valuation Reports (Settling Estates with real property), Equity Line loans, Federal (IRS) and State tax situations, Foreclosure and HUD home appraisal reports, Home Modifications and Retentions, Home or Residential Mortgage refinancing, Matrimonial Real Property settlements (Divorces), New Home Construction (progress and final inspections), Primary and Secondary residential mortgages, Real Property Tax Assessment appeals, Removing Private Mortgage Insurance (PMI).
Go to http://www.CertifiedAppraiserNames.com/ and search for your city or town in Alabama, click on an appraiser’s web-link of choice, and call them today for a FREE real estate appraisal quote!
Are you a Certified FHA Approved Real Estate Appraiser with an active website and wanting to swap web-links with Albert Cheney at http://www.CheneyAppraisalServices.com/? If you are, call Al Cheney at (251) 533-2424 or email your interest to AlbertCheney@CheneyAppraisalServices.com. Thank you!
Tags: Alabama Appraisers, ALABAMA beaches, ALABAMA BUSINESS, Alabama Certified FHA Appraisers, Alabama Certified FHA Approved Appraisers, ALABAMA colleges, ALABAMA condos for rent, ALABAMA FHA Real Estate Appraisers, ALABAMA football, ALABAMA Licensed Real Estate Appraisers, ALABAMA politics, Alabama Real Estate, ALABAMA schools, ALABAMA sports, ALABAMA State Capitol, ALABAMA tourism, ALABAMA universities, ALABAMA weather, Albert Cheney Real Estate Appraiser, Albert Marshall Cheney, Appraisal Requirements, APPRAISER, Appraisers, Arkansas Certified FHA Appraisers, Auburn University, Autauga Baldwin Barbour Bibb Bount Butler County, Baldwin County Alabama Certified FHA Appraisers, Calhoun Chambers Cherokee Chilton Choctaw Clarke Clay Cleburne Coffee Colbert Conecuh Coosa Covington Crenshaw Cullman County Alabama, Certified appraisal services, Certified Appraiser Names, Certified Appraisers, Certified Approved Appraisers, Certified FHA Appraisers, Certified FHA Approved Appraisers, Certified FHA Real Estate Appraisers, Certified General Appraiser, Certified Real Estate Appraiser, Commercial Desktop, Dale Dallas DeKalb County, Elmore Escambia Etowah County, Employee Relocations, Federal Irs, Fha Appraiser, FHA Appraiser directory, FHA Appraisers, FHA Approved Appraisers, FHA approved appraisers roster, FHA Certified Appraisers, Florida Certified FHA Appraisers, Geneva Greene County, Georgia Certified FHA Appraisers, Grovehill AL, Gulf Coast, Gulf Of Mexico, Hale Henry Houston County, Home Valuations, HUD FHA Approved Appraisers, Hurricane Storms, JACKSON ALABAMA, Jackson Jefferson County Alabama, Jaguars football, Lamar Lauderdale Lawrence Lee Limestone Lowndes County Alabama Appraisers, Line Loans, Louisiana Certified FHA Appraisers, Macon Madison Marengo Marion Marshall Mobile Monroe Montgomery Morgan County Alabama, Mississippi Certified FHA Appraisers, Mobile County Alabama Certified FHA Appraisers, Mobile Museums, New Home Construction, North Carolina Certified FHA Appraisers, Oklahoma Certified FHA Appraisers, Perry Pickens Pike County, Private Mortgage Insurance, Property Appraisals, Property Equity, Property Settlements, Property Tax Assessment, Randolph Russell County, Real Estate Appraisal, Real Estate Appraisals, Real Estate Appraiser, Real Estate Appraisers, Real Estate Industry, RESIDENTIAL APPRAISAL REPORT, Residential Mortgages, Settling Estates, Shelby St. Clair Sumter County Alabama, South Carolina Certified FHA Appraisers, Spring Hill College, St. Clair County Alabama, Talladega Tuscaloosa County Alabama, Tax Assessment Appeals, Tennessee Certified FHA Appraisers, Texas Certified FHA Appraisers, Thomasville Alabama, UAB, University Of Alabama, University Of South Alabama, Walker Washington County AL, White Sandy Beaches, Wilcox County, Winston County Alabama
As of today, 3rd February 2010, the refinance rates are, as follows: (1) 30 yr Fixed Rate, Today, 5.19%, Last Week, 4.94%; (2) 15 yr Fixed Rate, Today, 4.4%, Last Week, 5.06%; (3) 5/1 ARM, Today, 4.53%, Last Week, 4.12%.
According to an article in Mortgage News Daily, “A rising trend of mortgage applications indicates an increase in home buying interest, a positive for the housing industry and economy as a whole. More home purchases can lead to more construction jobs and increased purchases of items to build a home. Furthermore, in a low mortgage rate environment, an increasing trend implies consumers are seeking out lower monthly payments which can result in increased disposable income and therefore more money to spend on discretionary items or to pay down other debt.”
The article further states, “Don’t wait for mortgage rates to decline! I stand by my statement that 4.75% could very well be the lowest mortgage rates offered in 2010…unless there is a fundamental shift in economic outlook. If you have been waiting to refinance or to buy, get out there and start the process before you miss the boat of sub 5% rates.”
Click this web-link, http://www.mortgagenewsdaily.com/consumer_rates/132989.aspx, to read the entire article by Victor Burek.
The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama, has ongoing (and potential future) economic projects which may have an advantage over other U. S. regions. Our real estate market should draw more positive attention in the near future.
Contact Al Cheney, Certified FHA Approved Real Estate Appraiser, (251) 533-2424, when requiring a residential appraisal report for refinancing, settling an estate with real property, or various other litigation reasons in Alabama. Email your orders and questions to Albert@CheneyAppraisalServices.com/.
Tags: Alabama Real Estate, Appraisal Report, Appraisers, Appraising Real Estate, Approved Real Estate Appraiser, Association Of Realtors, Baldwin County, Baldwin County Alabama, Baldwin County Appraisers, Baldwin County Association, Baldwin County Association Of Realtors, Burek, Cheney, Daphne Alabama, Economic Outlook, Economic Projects, Fairhope, Fairhope Alabama, Fundamental Shift, Historic Mobile, Home Appraisers, Home Buying Interest, Home Purchases, Housing Industry, Litigation in Real Estate, Low Mortgage, Lower Monthly Payments, Lowest Mortgage Rates, Metro Area, Mobile AL Appraiser, Mobile AL Real Estate Appraiser, Mobile Alabama, Mobile Bay, Mobile County, Mobile County Appraisers, Mortgage Applications, Mortgage News, Mortgage News Daily, Mortgage Rate, Multiple Listing Service, New Construction, Property Appraiser, Radio Show, Rate Environment, Real Estate Appraiser, Real Estate Appraisers, Real Estate Industry, Real Estate Tax Records, Refinancing, Residential Appraisal, Settling An Estate, Spanish Fort
The city of Mobile was founded in 1702 and, the Mobile Bay area was explored by the Spanish as early as 1519. Mobile is a city older than New Orleans and has many historic districts which rival those found in Charleston or Savannah. The city of Mobile was settled by the French and, eventually, under rule by the Confederate, English and Spanish through its history. The downtown architecture and the names of streets reflect the past influences from each country who ruled this Mobile Bay Area. Now, downtown Mobile reflects a new attraction and lifestyle for new businesses and people wanting to work and live.
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. Contact 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.
Albert Cheney shares some of his 2009 photographs of Downtown Historic Mobile, Alabama.
![BLOGwebphoto-BldgsDowntownMobile102509 [04]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-bldgsdowntownmobile10250904.jpg)
![BLOGwebphoto-BldgsDowntownMobile102509 [07]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-bldgsdowntownmobile10250907.jpg)
![BLOGwebphoto-DowntownDauphinSt102509 [01]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-downtowndauphinst10250901.jpg)
![BLOGwebphoto-DowntownDauphinSt102509 [09]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-downtowndauphinst10250909.jpg)
![BLOGwebphoto-DowntownDauphinSt102509 [06]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-downtowndauphinst10250906.jpg)
![BLOG-WebPhotos-Downtown-07192009 [18]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blog-webphotos-downtown-0719200918.jpg)
![WEBphoto-MobileDowntown-07252009 [09]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/webphoto-mobiledowntown-0725200909.jpg)
![WEBphoto-MobileDowntown-07252009 [13]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/webphoto-mobiledowntown-0725200913.jpg)
![Irina-Kristina-Galina-Downtown-07192009 [09]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/irina-kristina-galina-downtown-0719200909.jpg)
![BLOGwebphoto-ThreeGeorgesSign102509 [01]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-threegeorgessign10250901.jpg)
![BLOGwebphoto-BldgsDowntownMobile102509 [09]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-bldgsdowntownmobile10250909.jpg)
![BLOGphoto-DowntownInterstate10-11112009 [03]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogphoto-downtowninterstate10-1111200903.jpg)
![BLOGwebphoto-DowntownDauphinSt102509 [04]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-downtowndauphinst10250904.jpg)
![BLOGwebphoto-DowntownSquirrels10252009 [01]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-downtownsquirrels1025200901.jpg)
![BLOGwebphoto-BldgsDowntownMobile102509 [01]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-bldgsdowntownmobile10250901.jpg)
![BLOGwebphoto-AnimalRescueFoundation102509 [01]](http://www.mobilealabamafharealestateappraisers.com/wp-content/uploads/2010/01/blogwebphoto-animalrescuefoundation10250901.jpg)
For more information about Historic Mobile, Alabama, go to this website, http://www.historicmobile.org/.
Tags: 35 Years, 35 Years Experience, Admiral Semmes Hotel, Alabama Real Estate, Antebellum, Appraisal Report, Appraisal Services, Approved Appraisers, Architecture, Baldwin County, Bienville Square, Cafe 615, Certified Appraisers, Certified Real Estate Appraiser, Cheney, City Of Mobile, Confederate, Conti Street, Dauphin Street, English, Fha, FHA Appraisers, FHA Approved Appraiser, French, German Cafe, GMO Building, Hampton Inn, Hampton Inn & Suites Hotel Downtown Mobile, Heritage, historic Fort Conde, Historic Mobile, Holiday Inn Downtown Historic, Jackson Street, Joachim Street, Joe Cain Cafe, Malaga Inn, Mardi Gras, Metro Area, Mobile Alabama, Mobile Bay Area, Mobile Civic Center, Mobile County, Mobile County Alabama, Mobile History, Mobile Museums, Mobile Opera, Mobile Police, Mobile River, Mobile Seafood, New Businesses, New Orleans, Oakleigh, Property Appraiser, Radisson Admiral Semmes, Ramada Mobile, Real Estate Appraisal, Reflection, Renaissance Mobile Riverview Plaza Hotel, Residential Real Property Appraisers, Revitalization, Riverview Hotel, Royal Street, RSA Tower, Saenger Theatre, Saint Francis Street, Saint Louis Street, Savannah, Southern Cooking, Southern Heritage, Southern hospitality, Spanish, Spanish Plaza, The Battle House Renaissance Mobile Hotel & SPA, Three Georges, Tourists, Urban Lifestyle, Urban Lifestyles, USS Battleship Memorial Park, Water Street, Wintzells Oyster House
FHA Approved Real Estate Appraisers and the Mobile Area Association of REALTORS report on the real estate statistics for Mobile County, Alabama.
_______________________________
The 2009 fourth quarter, 1st October 2009 to 31st December 2009, indicates at least 838 sales within Mobile County, Alabama according to online REALTOR information records. The total sales can be broken down into four property type categories: (1) condominiums & townhouses, (2) manufactured homes, (3) new construction homes, and (4) single family older homes. Also, the last quarter of total sales compared to the third quarter of total sales indicate a drop of 146 sales, or -14.8%.
The approximate 31 condominiums & townhouses had an average list price of $107,838, 69 average days on market (dom) and a sale price to list price percentage of 91.03%.
The approximate 13 manufactured homes had an average list price of $41,923, 61 average days on market (dom) and a sale price to list price percentage of 86.24%.
The approximate 131 new construction homes had an average list price of $179,631, 70 average days on market (dom) and a sale price to list price percentage of 99.39%.
The approximate 659 single family older homes (18.44% drop when compared to the third quarter) had an average list price of $142,956, 86 average days on market (dom) and a sale price to list price percentage of 95.8%.
The average days on market (dom) for the fourth quarter was around 82 days and the average per square foot was $78.
The fourth quarter indicates more new construction in west Mobile, south of the Mobile Regional Airport, Semmes, southwest Mobile County, Theodore, and the Tillman’s Corner area when compared to other areas of Mobile County. Most of the single family residential or home sales occurred in the areas north and south of Cottage Hill Road, Municipal Park area & city west central, west Mobile, Semmes, Midtown area near downtown historic Mobile, and areas east of Wilmer, Alabama.
The average sold terms for the fourth quarter was CASH (21%), CONVENTIONAL (27.3%), FHA (42.4%), VA (6.4%) and OTHER-ASSUMPTION, AUCTION, VENDOR LIENS (2.9%).
The above information has been provided by Albert Marshall Cheney, Cheney Appraisal Services, located in 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. Contact 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.
Tags: Activity Statistics, Alabama Real Estate For Sale, Alabama Real Estate Listings, Association Of Realtors, City Of Mobile AL Zoning, Condominiums, Fha, Fourth Quarter, Last Quarter, Midtown Area, Mobile AL Gardens, Mobile AL IMAX, Mobile AL Open Houses, Mobile Alabama Chamber Of Commerce, Mobile Alabama Economic Development, Mobile Alabama Homes For Sale, Mobile Alabama Jobs, Mobile Alabama Map, Mobile Alabama Neighborhoods, Mobile Alabama Port, Mobile Alabama Real Estate Agents, Mobile Area, Mobile County Alabama, Mobile Press Register, Mobile Regional Airport, New Construction, Port City, Real Estate Appraisers, Real Estate Attorneys, Real Estate Lawyers, Real Estate Sales, Real Estate Statistics, Realtor, Semmes, Single Family, Southwest, Square Foot, Theodore, Tillman, Tillman's Corner, Townhouses, Type Categories, West Mobile, Wilmer Alabama