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The city of Mobile and the other communities within the Mobile Bay Metro Area (Baldwin County, Mobile County, Alabama) have the opportunity to capture many more economic projects if, as area businesses and residents, we continue to stand together "as one!"
We must all participate in the promotion of our area, whether it's in a small way or a big way. You can contribute with only a smile to a weary traveler visiting our area (they might be moving here or relocating their business) or keeping the trash picked up around your home. Landscaping, mowing the lawn, or volunteering to assist with your educational talents are certainly other ways to place your positive mark upon our metropolitan bay area.
Also, even more small and large businesses should consider banding together, promoting our area through worthwhile local civic, economic and marketing projects. It is through these ongoing positive efforts and promotional projects which will continue to keep us progressive, in contention for even more economic opportunities and, certainly, noticed by outsiders looking in. These outsiders just might want to jump right in with us, so they can also experience the economic flurry of opportunities. Our local assets and opportunities to compete surround each of us every day. So open your eyes widely, see the possibilities and potential, and the next time you look into a mirror, realize that you are looking at one of our greatest assets!
It could be raining economic projects' money in the Mobile Bay Metro Area, so here are some recent newsworthy articles (links below) for your reading. Let these articles stoke your embers of creativity and professionalism, and turn them into your flames of positive ideas and possibilities!
Please send me your comments, opinions and suggestions.
http://blog.al.com/live/2009/10/forbes_columnist_gives_mobile.html
http://www.nytimes.com/2009/10/28/realestate/commercial/28alabama.html?_r=2&ref=business
http://www.baldwincountynow.com/articles/2009/10/29/local_news/doc4ae87e66ae3dc680435966.txt
http://www.wkrg.com/alabama/article/auto-plant-in-bay-minette/379896/Sep-24-2009_1-48-pm/
http://www.wkrg.com/alabama/article/big-economic-honor-for-mobile1/100846/Jun-12-2009_8-50-pm/
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Al Cheney is a native of southern Alabama and a graduate from the College of Business and Management Studies, University of South Alabama. Al Cheney has maintained an active real estate broker's license for thirty-six years and president of his company, Realty Leaders Corporation. Of course, most people know Al Cheney as a Certified Residential Real Property Appraiser and FHA Approved Appraiser with over 30 years experience. Al Cheney also has past experiences and professional involvement with advertising, graphics, photography, marketing and writing.
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Though the temperatures might argue otherwise, the holiday season is quickly approaching, and it's time to begin planning for decorations and activities to draw folks downtown. In recent years Downtown Mobile has been woefully unadorned for the holidays, but an energetic group of Royal Street businesses have decided to make downtown THE place to visit to see fun and fancy decorations. See the story below for details on how you can participate.
In the meantime, enjoy the fabulous fall temperatures... take a walk at lunch to see the new plantings...come down for the countless events... contribute to the great street scene the defines downtown!
For obvious reasons we love announcing new businesses that have located or moved downtown, but we especially love it when the business is an entirely new enterprise. That's the case with Boom Buggy, a pedicab operation that will carry passengers through the streets of Downtown Mobile during the day and night. The buggies will begin operation in about two weeks and will not charge a fee...instead, the passenger will tip the driver (or pedaller as the case may be). June Reddix-Stennis bought two of the cabs from a manufacturer in England and plans to begin operation the first week of November.
In other development news:
Fine Dining and Catering just opened its doors at the corner of Jackson and St. Francis streets last week. The establishment is currently open for lunch Monday - Friday and dinner on Friday & Saturday evenings. The menu, which changes daily, features a soul food centered menu.
In other news:
Some Upcoming Live Entertainment:
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The below chart shows recent sold properties in the City of Mobile, for the past six months of HUD properties that sold during the first two weeks, with the percentages of List/Sold and List/Net.
| Purchase Price | Net Price | List Price | % List/Sold | %List/Net |
| $90,101 | $82,893 | $100,000 | 90.10% | 82.89% |
| $38,000 | $34,960 | 48,000 | 79.17% | 72.83% |
| $72,000 | $66,240 | $72,000 | 100.00% | 92.00% |
| $73,000 | $67,160 | $76,000 | 96.05% | 88.37% |
| $35,127 | $32,327 | $45,000 | 78.06% | 71.84% |
| $85,000 | $78,250 | $95,000 | 89.47% | 82.37% |
| $150,100 | $138,092 | $159,000 | 94.40% | 86.85% |
| $89,000 | $82,750 | $108,900 | 81.73% | 75.99% |
| $32,000 | $29,440 | $31,000 | 103.23% | 94.97% |
| $35,000 | $33,250 | $40,000 | 87.50% | 83.13% |
| $53,000 | $48,760 | $53,000 | 100.00% | 92.00% |
| $106,000 | $97,520 | $106,000 | 100.00% | 92.00% |
| $91,000 | $84,950 | $108,000 | 84.26% | 78.66% |
| $83,000 | $77,350 | $90,000 | 92.22% | 85.94% |
| $21,000 | $19,950 | $23,000 | 91.30% | 86.74% |
| $130,000 | $119,600 | $145,000 | 89.66% | 82.48% |
| $90,000 | $85,000 | $100,000 | 90.00% | 85.00% |
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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;
877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.
Search all the listings in Mobile County & Baldwin County any time for free with no sign in requirement from PortCityRealty.com.
Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information
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Below you will find a table that contains the Market Activity report for 10-07-09 activity in the Mobile AL Real Estate market according to the Mobile Association of Realtors MLS system.
This information is derived daily directly from the local MLS System. For more free Mobile AL real estate information, reports, and statistics, please visit http://www.GulfRegionProperties.com or http://www.AlabamaBestHomes.com. Please e-mail me or call 251-215-9382 if you would like additional information on any of the listings shown.
Mobile AL Real Estate Market Snapshot 10/07/2009
Single Family Homes and Condominiums
| New Listings | 10 | |
| Price Reductions | 13 | |
| Price Increases | 2 | |
| Back on Market | 1 | |
| Pending Transactions | 10 | |
| Sold Transactions | 5 | |
| Withdrawn from the Market | 7 | |
| Expired Transactions | 1 | |
| NET LOSS (LISTINGS) | 12 |
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