Real Estate News and Advice
July 6, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Alabama > Mobile County


Market Conditions Summary for Mobile County, Alabama


Reported by

Janie Lanier
as of 6/27/2008:
LOOKING FOR A new home? Well, you're in luck!. Janie Lanier is ready to give you advice. Housing starts slumped 3.3% in May to an annual pace of 975,000 units, a level not seen since March 1991, the Commerce Department reported June 17.... MORE->
About Janie Lanier

Reported by

Frank Peoples
as of 6/19/2008:
May 2008 Home Trends for Mobile County *462 homes sold in May, a 19% increase from April and a 7% decrease from May 2007. *The average sale price of a single family home was $156,000 in May, a 4% decrease from April and an 8% decrease... MORE->
About Frank Peoples

Reported by

John Fowler
as of 6/13/2008:
As of June 5 in Mobile County there are 3,338 single family homes for sale with an average asking price of $237,873, a median price of $169,900 and an average days on market of 129 days. In the first 5 months of 2008 there were 1,825 sales compared... MORE->
About John Fowler


Average Current Market Rating: 2    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.3    (3 ratings)




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Falling

Rising

Navigate: Top > Alabama > Mobile County


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



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15 Year Fixed: 5.92%
1 Year Adj: 5.17%
(U.S. Weekly Averages)

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