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  • Home sales improve in February 2010 in Daphne, Spanish Fort and Fairhope

    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 with the distractions of Mardi Gras and the Super ...
    Posted to Janet English (Weblog) by 563321 on March 5, 2010
  • November 2009 home sales in Spanish Fort, Daphne and Fairhope

    Home sales improved slightly in November, with 65 properties sold compared with 59 in October.New construction (most selling between $180,000 and $200,000) accounted for 37% of all the sales on the Eastern Shore of the Mobile, Alabama, metro area.For the price-per-square-foot fans, the average in new construction sales was $98.76 a square foot; ...
    Posted to Janet English (Weblog) by 563321 on December 5, 2009
  • September 2009 home sales statistics for Spanish Fort, Daphne and Fairhope

    Home sales in the Eastern Shore of the Mobile, Alabama, metro area improved ever so slightly in September, with 87 sales, compared to 82 sales in July.Pending sales dropped from 158 during the first week of September to 128 during the first week of October in Spanish Fort, Daphne and Fairhope/Point Clear.  In typical years – and this is ...
    Posted to Janet English (Weblog) by 563321 on October 7, 2009
  • What a year makes: August 2009 home sales in Spanish Fort, Daphne and Fairhope

    A year ago, home sales on the Eastern Shore fell off a cliff. Then they tumbled even further, apparently hitting bottom in the early spring.But that month – August 2008 – showed a breath-taking 40 percent decline in the number of houses sold between Spanish Fort and Point Clear on the Eastern Shore the Mobile Metro area. To ...
    Posted to Janet English (Weblog) by 563321 on September 7, 2009
  • July 2009 home sales, pendings show stability, but not pricing

    Home sales statistics on the Eastern Shore of the Mobile Metro area continue to show signs of a stabilizing market, though Realtors generally believe home prices continue to fall.Both home sales and pending sales in Spanish Fort, Daphne and Fairhope/Point Clear showed slight increases over June, 2009. Yet, 20 percent of home sellers reduced prices ...
    Posted to Janet English (Weblog) by 563321 on August 5, 2009
  • Bumping along the bottom of the housing market

    Want some good news? The number of homes sold on the Eastern Shore increased 24 percent in the 2nd quarter compared with the 1st quarter. Priced right for today’s market, homes will sell. Looking at month-by-month sales, it seems that we are bumping along what I hope is the bottom. Between Spanish Fort and Point Clear, 207 homes sold this ...
    Posted to Janet English (Weblog) by 563321 on July 15, 2009
  • June 2009 home sales statistics for Daphne, Fairhope, Spanish Fort

    June home sales dipped slightly but pending sales and the list-to-sale percentage show that the market may be stabilizing. Seventy-three homes sold in June on the Eastern Shore of the Mobile Metro area, down from the 77 sales in May in the area encompassing Spanish Fort, Daphne and Fairhope/Point Clear. Pending sales increased from 136 in the ...
    Posted to Janet English (Weblog) by 563321 on July 9, 2009
  • April 2009 home sales in Spanish Fort, Daphne and Fairhope

    Pending home sales increased in the last half of April on the Eastern Shore of the Mobile Metro area. Overall, home sales declined in April to 53 homes sold in Spanish Fort, Daphne, Fairhope and Point Clear, showing that the housing market is still bobbing through choppy waters. To demonstrate the crests and troughs in sold stats:January: ...
    Posted to Janet English (Weblog) by 563321 on May 13, 2009
  • March 2009 home sales in Fairhope, Daphne and Spanish Fort

    March homes sales on the Eastern Shore of Mobile Bay rose again to 60 homes sold in Spanish Fort, Daphne, Fairhope and Point Clear in January, compared to 54 in February and 40 in January.Buyers are looking, but that’s not materializing into a strong increase in pending sales. As of April 7, 108 homes are under contract, compared to 92 last ...
    Posted to Janet English (Weblog) by 563321 on April 7, 2009
  • The new reality in home prices

     We have to look at what we have, not what we had.That’s the advice of Suze Orman, personal financial guru.What we have are glimmers of better days ahead. The stock market had a bit of a rebound. Nationally, existing home sales in February rose 5.1 percent. And with low interest rates and tax incentives for buyers who haven’t ...
    Posted to Janet English (Weblog) by 563321 on April 7, 2009
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