According to CoreLogic, home prices rose 3.3% statewide compared to 2012. This trend continued across the state with a few exceptions during the month of September. Prices fell in Mobile along with four other metro areas that include Tuscaloosa, Huntsville, Aurburn-Opelika and Dothan.
Distressed sales and foreclosures are dragging prices down in these areas, with the exception of Aurburn. In Mobile, Huntsville, Tuscaloosa and Dothan home prices would have increased if these short sales and foreclosures would have been excluded from the analysis.
According to Grayson Glaze, the executive director of the Alabama Center for Real Estate, he is optimistic regarding the home prices. He states “overall fundamentals in that market remain resilient,” with the
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After another record-breaking season of fun in the sun both guests and residents prompted the powers to approve a $48 million budget. The plans include investing more in recreational facilities, strengthening public safety and provides a three percent cost-of-living raise to all city employees.
In 2009, Austal USA, located on Mobile's waterfront, set a goal to create 4,000 jobs for its U.S. base of operations. The goal is on pace for realization by the end of 2013 according to representatives from the Australian ship builder. When met, this will make Austal the largest private sector employer in Mobile County.
"Our game plan is to level our to support both of our programs going forward," said president Craig Perciavalle, discussing the two different classes of ships currently being assembled at the sprawling facility on the waters of Mobile Bay.
The employment figures are approximately five times higher than the 800 of the initial year in 2009. Austal made a commitment to double its workforce in a two year window to facilitate the…
The Highlands of Spanish Fort is a large development project spanning over 11,000 acres between Spanish Fort and Bay Minette, AL. The land is separated in to 54 tracts and being development in conjunction with the city of Spanish Fort. The tracts are comprised of residential, commercial, multi family, a village center, school sites, institutional sites, parks and municipal services. The city council members approved an amended conceptual master plan and standards for design back in August at the most recent public hearing.
After three straight years of increases in the numbers of visitors and the economical benefits associated, Baldwin County is obviously gaining in popularity. More people are visiting and spending more while they're here.
Local tourism officials expect the flights to boost the economy and none as much as the Alabama / Florida beaches along the Alabama Gulf Coast. The trip to the beautiful white-sandy beaches of Gulf Shores, Orange Beach and Perdido Key, FL will be be much more accessible and from a variety of new locations with fewer lay overs for those flying in to the area. The city of Pensacola is only 45 minutes East of Gulf Shores, closer still to Orange Beach and a mere 20 minutes to Perdido Key, Florida. Mobile, AL is approximately an hour from Pensacola International Airport. City officials from the beaches of Alabama are excited about the new option for people to reach their vacation destination.
Southwest is now offering twice-daily nonstop service…
Spanish Fort, AL will be the first city in Baldwin County to install a siren system to act as an early warning alert system with the tornado portion beginning very soon. "We'll probably go to bid on the tornado sirens in the next two months," said the mayor. It is amazing to me that we'll be the first city in Baldwin County to have it." The mayor explained the positioning of the sirens as being distributed from Mobile, East in to Spanish Fort in five locations.
Over 200 songwriters and musicians should visit Perdido Key, FL to participate in one of the oldest traditions on the key. Perdido Key, FL is home to some of the nicest beaches along the Southwestern Gulf Coast and home to a yearly musical treat; the Frank Brown International Songwriters Festival. As usual, the event is held at the world-famous Flora Bama Lounge and Package Store. The event will begin November 7th and the music continues for 17 days. On the 13th of the month, Lulu's Homeport at the North base of the bridge on the canal, will host the songwriters for the evening.