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!”
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!
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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!
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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/.
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FHA Approved Real Estate Appraisers and the Mobile Area Association of REALTORS report on the real estate statistics for Mobile County, Alabama.
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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
