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Market Conditions in Mobile : Real Estate Advice

  • All148
  • Local Info22
  • Home Buying47
  • Home Selling3
  • Market Conditions6

Activity 19
Sun Nov 2, 2014
Kelly & Ryan Cummings answered:
This is the Murphy High School District.
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Wed Feb 19, 2014
djuan lewis asked:
This question was asked from
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Tue Dec 17, 2013
ajzielinski asked:
This question was asked from
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Sat Oct 19, 2013
Edith Karoline Jasser answered:
There is no question, no question no answer, come back and ask your detailed question.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ----
Check out my website at htttp://
... more
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Fri May 10, 2013
Prudential Cooper Property MGR answered:
I can rent this home pretty quick if you decide to go with renting it! We screen our applicants hard and I almost alwaus have folks looking for nice properties and this one sounds very nice! I'm Jinger Leverett. 27 years with Prudential Cooper. I manage the rental department. Let me know if I may be of service. (251)343-5241 Check out our website at we also advertise on Trulia, Zillow, Hotpads, Mobile Daily Classifieds, Craig's list, and military sites. Good luck! and God Bless! ... more
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Wed Apr 24, 2013
Devin Scott answered:
I'm Devin Watson, REALTOR with Prudential Cooper & Co. Inc. within Mobile. Currently, according to the USDA website 3408 Kings Gate Drive is eligible for a USDA Rural Development Loan. If you need help with this property or any other please don't hesitate to call me at (251) 463-7781 or email me at I look forward to hearing from you and hope you are having a great evening. ... more
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Mon Jan 7, 2013
Port City Team answered:
Of the homes sold in December 2012 in Mobile County the average days on the market was 97 days. Active homes on the market that are available for sale have an average days on the market of 182 days. ... more
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Tue Aug 7, 2012
Alwayshome63 answered:
Mon May 7, 2012
Johnny Jordan answered:
There are 19 properties listed in Forest Highland area with and avg. price of 117k. Also 4 resent sales with an avg. of 89k. The avg list price as of April 25 was low 70's. If you would like some help with a listing or purchase please give me a call.
Johnny Jordan
... more
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Wed Nov 30, 2011
Sarah Goulart Nathe answered:
I have to be honest here, I would be very surprised if there is anywhere that exists that type of a market. I'd love to be proven wrong, but even in a good rental market, I can�39;t imagine a home of about $130K garnering $1800 a month in rent.

But, should someone respond with one, I may be buying one too!

Good luck in your search, the rental market is hot right now for sure.
... more
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Sat Jan 16, 2010
Catherine "Cathy" Chaudemanche answered:
Hi Wagner,

I do not have the US national DOM.
I can give you the DOM for Middlesex County NJ for 2009 for single family homes (calculated last week with data from Middlesex County NJ MLS).
I hope it is helpful with what you are trying to do (either as comparison or to show that all markets are local??...)
It is 82 Days-
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Sun Jun 15, 2008
Mr.P answered:
Just a little taste of what can happen to you if you exercise your right of free speech
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Sun May 25, 2008
Bruce McKinnon answered:
Juan: This is a bit of a delayed response to this 2007 question, but I here this question asked routinely. It is worth discussing. I love this question.

First, the RATE the FED cuts or increases IS the Federal Funds Rate. This is the rate that depository institutions banks charge other depository institutions for overnight lending (to be sure their 10% reserve requirement has been met). It is NOT the interest rate on mortgage loans – see LINK:

Second, the FED (FOMC) has 8 “scheduled” meetings yearly. Unscheduled meetings occur when all hell breaks loose in the economy or for “better timing” purposes.

Third, the FED’s upward and downward adjustments in the Federal Reserve Rate do NOT mean mortgage rates will follow. They are NOT related. But, money rate fluctuations do impact the banking industry. With time, there MAY be an increase or decrease in mortgage rates – or the opposite effect (if the availability of federal reserve funds stimulates inflation. See LINK:

The Federal Reserve Board members think they have their hands on the pulse of the economy, but there are no guarantees. So if one is considering LOCKING LOAN rates based on Federal Funds Rate activity, you may want to check with your bank and keep up with what the pendants in finance are saying. Their guess may be better than yours. is a good website to monitor this issue. I really like their Mortgage Rate Trend Index -- see LINK below.
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Tue May 6, 2008
Travis Foote answered:
Hi Jeff,
Im going to give you my biased answer. Midtown. Specifically the Historic Districts in Midtown. Here is a link to the Historic Society for Mobile. If you are going to invest in Midtown, you need an agent or broker who knows this area real well. One street in the wrong direction and your investment could be a bad one. I'd recommend you contact Dale Mims, with Mims Realty. His office is right on Government Street next the Downtown. He has lived there his whole life and knows the area better than anyone I have yet to meet. He has represented us in buying many properties in Midtown.

Here is his contact information:
Dale Mims
Mims Realty
Agent Cell: 251-423-4884
Office: 251-433-0141

Feel free to contact me if you need further guidance.

Travis Foote
... more
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Wed Dec 12, 2007
ian cockburn answered:
For the New Orleans area, I have all the stats you need on my website.
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Thu Nov 1, 2007
Patricia answered:
Thank you! Unfortunately they only have the Sept 2007 and I need all months for 2007. I called them and asked them if they had back copies of the other months and they said no. Thanks for your help though! ... more
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