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March 22, 2010

Mobile Eastern Shore Homes For Sale: 736 South Mobile Street

Filed under: Uncategorized — Morgan @ 3:05 pm

736 S mobile stMobile Eastern Shore Homes For Sale:

736 South Mobile Street, Fairhope AL 36532

MLS# 161723

 

Come down the winding driveway to this true bay house with over 100 front feet and a wide sandy beach.   Your boat will be at home at your own pier with a double boat lift.  This home is close to town in a pristine location.  This home boast five bedrooms and six bathrooms with the Master downstairs.  Entertaining is a breeze in this home with it’s open floor plan and great kitchen.  There is a double fireplace with gas logs and a double staircase.  There is also a sprinkler system on a separate well.

Learn more about 736 South Mobile Street and other Mobile Eastern Shore homes for sale by visiting JudySells.com.

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March 15, 2010

Mobile Eastern Shore Real Estate For Sale: 145 Augusta Court

Filed under: Uncategorized — Morgan @ 12:51 pm

145 augustaMobile Eastern Shore Real Estate For Sale:

145 Augusta Court, Fairhope AL 36532

MLS# 161120

Custom built home on 11th green of Rock Creek Golf Course.  Beautifully appointed home with oversized rooms and an open floor plan.  You will enjoy cooking in this cook’s kitchen.  This home was built to be handicap accessible.  This home boast tremendous storage, a sunroom and an office on the main level.  The yard has been beautifully landscaped.

Learn more about 145 Augusta Court and other Mobile Eastern Shore real estate for sale by visiting JudySells.com.

Search all Mobile Eastern Shore real estate for sale.

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February 1, 2010

Mobile Eastern Shore Real Estate For Sale: 6949 Mcintyre Street

Filed under: Mobile Bay Area, Real Estate, Uncategorized — Morgan @ 3:38 pm

6949 mcintyreMobile Eastern Shore Real Estate For Sale:

6949 Mcintyre Street, Fairhope AL 36532

MLS# 144480

Located 0n a quiet, peaceful street in Montrose.  Beautiful landscaping, easy maintenance, open floor plan great for entertaining with large oversize rooms.  Main level master with sitting area plus fireplace.  Split bedroom with great privacy, kids bonus room.  This home price is Reduced, best deal in Montrose.

Learn more about 6949 Mcintyre Street and other Mobile Eastern Shore real estate by visiting JudySells.com.

Search all Mobile Eastern Shore real estate for sale.

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December 14, 2009

Mobile Eastern Shore Real Estate For Sale: 207 White Avenue

Filed under: Uncategorized — Morgan @ 7:42 pm

207 whiteMobile Eastern Shore Real Estate For Sale:

207 White Avenue, Fairhope AL 36532

MLS# 157735

Renovated historic cottage in the heart of downtown Fairhope. Home features heart pine and oak wood floors, original molding and light fixtures, new master suite, glassed sun porch, oversized fenced tree filled back yard. Renovations also include new heat pump and roof. This home is a must see.

Learn more about 207 White Avenue and other Mobile Eastern Shore real estate by visiting JudySells.com

Search all Mobile Eastern Shore real estate for sale.

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November 9, 2009

Mobile Eastern Shore Real Estate For Sale: 14849 Ridge Road

Filed under: Uncategorized — Morgan @ 2:14 pm

14849 ridge rdMobile Eastern Shore Real Estate For Sale:

14849 Ridge Road, Summerdale AL 36532

MLS# 155683

Come see this magnificent home with 100 feet frontage on the Fish River including a boat house and pier.  The home is situated on a high elevation and the river has deep water access and protected waters.  You will notice when you enter the home how bright and open it is with tall ceilings.  You will enjoy cooking in this cooks kitchen with a 5 burner gas range, stainless steel appliance, subzero refrigerator and a sit down island.  The master bedroom is a gracious size and of tremendous quality.  The master bath has a double vanity and a large corner tub to relax in after a long day.  This home is a must see!

Learn more about 14849 Ridge Road and other Mobile Eastern Shore real estate by visiting Judysells.com.

Search all Mobile Eastern Shore real estate for sale.

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October 16, 2009

Are Lower Mobile Eastern Shore Real Estate Prices Worth The Wait

Filed under: Uncategorized — Morgan @ 5:13 am

Buyer’s often find themselves watching a property for a price reduction. Although getting the best deal possible when purchasing Mobile Eastern Shore real estate is important, it is not the only factor that determines monthly payments on a home. Rising interest rates nearly diminish the positive aspects of waiting for prices to drop. 

Most people are familiar with the basic trends in real estate that have been affected by the United States economic crisis. The listing prices of homes have been steadily declining over the past couple years. This has put people looking to purchase Mobile Eastern Shore real estate at an advantage over those trying to sell. People have best described this as a buyer’s market due to the low property prices and reasonable interest rates. However, the decline in prices is stabilizing while interest rates are beginning to inch up. It is becoming more and more popular for investors to make offers on properties, sometimes sweeping the property away from home buyers. Could buyers begin loosing their advantage? Today, properties that are correctly listed at a reasonable asking price are not being reevaluated and reduced as often. These are some of the factors that prove lower Mobile Eastern Shore real estate prices are not always worth the wait. 

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June 12, 2008

Fun Father’s Day Facts For Mobile AL

Filed under: Uncategorized — Morgan @ 12:18 pm

Today we take a break from Mobile AL real estate to devote some time to honoring DAD.  Father’s Day is coming up this Sunday – there are plenty of fun Mobile events happening that you can enjoy with the special father in your life!

Here are some little-known facts about the holiday:

·         The word “Dad” dates back to the sixteenth century, or possibly even earlier. It may have originated with the Welsh word “Tad” (meaning father), which later mutated to Dad. The word “Father” is derived from the Old English “Foeder”.

·         A father ocean catfish carries the eggs of his young in his MOUTH until they are ready to be born (which may take several weeks!).  During that time he cannot eat anything.

·         Father penguins remain on their feet in arctic temperatures for 60 days or more to protect his eggs, he also cannot eat while guarding his eggs.

  • There are approximately 66.3 million fathers in the United States.
  • Neckties lead the list of Father’s Day gifts, and there are 10,416 men’s clothing stores around the country.
  • Other items high on the list of Father’s Day gifts include those you may find in dad’s toolbox, such as hammers, wrenches and screwdrivers. You could buy some of these items for dad at one of the nation’s 14,755 hardware stores or 5,280 home centers.
  • There are 23,018 sporting goods stores. These stores are good places to purchase traditional gifts for dad such as fishing rods and golf clubs.
  • Nearly 69 million Americans have participated in a barbeque in the last year — it’s probably safe to assume many of these barbeques took place on Father’s Day.
  • There are approximately 98,000 “stay-at-home” dads. These are married fathers with children under 15 years old who have remained out of the labor force for more than one year primarily so they can care for the family while their wives work outside the home.

Next week we’ll return to discussing Mobile AL real estate.  In the meantime, enjoy a relaxing weekend with dad!  Please feel free to call me at 866-560-7474 or visit JudySells.com to learn more about Mobile AL real estate.

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May 26, 2008

Happy Memorial Day, Fairhope AL!

Filed under: Uncategorized — Morgan @ 9:34 am

I hope that everyone is enjoying a relaxing and safe holiday weekend.  In honor of the occasion, I thought I would share this touching poem – “Memorial” – with you:

  

Here’s to those who paid the price
And stood atop the wall,
Who didn’t call it sacrifice,
But duty to a call.

Beyond our power to add, detract,
Or honor with parade,
Or praise with words all copper-plaqued,
In public squares displayed,

They held the line, they took the brunt
Directed at our flank.
From general to lowly grunt
Now “hero” is their rank.

For some – unknown – the laurel wreaths
Must rest on unnamed graves.
For others still, their God bequeaths
No slabs or architraves.

For other heroes, living hearts
Still speak aloud their name.
Their daughters, sons, and better-parts –
To memories lay claim.

Some met the foe with angry eye;
Some trembled at the fray;
Some grieved for wife and family;
Some paused to kneel and pray.

Yet, as their hour approached its mark
And minutes became rare,
All gazed into the dreaded dark,
And stood – where we weren’t – there.

We praise with words their bravery,
Their steadfast soldiers’ hands,
That shielded us from slavery
And wrack from foreign lands.

Now pause awhile, and think on them.
Let recollection stir
To memory, through this artless hymn,
Of those and who they were.

 

~Dean C. Broome, MD JD

 

As summertime officially approaches, this is a great time to be thinking about buying Fairhope AL real estate.  To begin searching Fairhope AL real estate, please visit JudySells.com or call me at 866-560-7474.

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March 10, 2008

Week of March 10th, 2008

Filed under: Uncategorized — Morgan @ 10:48 am

I thought you would enjoy this article about the US housing market–while less than 1% of US homeowners are having a foreclosure "crisis" and the problem tends to be based in relatively small pockets of regional economic woes, much of the rest of the market is enjoying higher home prices that have boosted the value of their home as an investment and thus their net worth.  — Judy

Foreclosure ‘crisis’ is overblown

Excerpted from MSN Money

By Scott Burns
3/5/2008 12:01 AM ET

 

Sure, there are pockets of pain around the US, but it’s not as if most Americans are losing their homes. More than 99% of homes aren’t in foreclosure. A recent list of year-end mortgage foreclosure rates in 100 top metropolitan areas drew a lot of attention. Released by RealtyTrac, a company that compiles data on home foreclosures, the list showed the number of foreclosure filings in each metro area, the percentage of homes being foreclosed and the percentage change from the previous year.

Though the report had some dismal news — such as the nearly 4.9% foreclosure rate in the Stockton, Calif., area — a close look at the data also provides some reassuring information. It tells me, for instance, that the foreclosure crisis is a regional problem, not a systemic one. It could become a systemic problem, of course, but we’re a long way from that now.

This news will disappoint the gloom-and-doom crew and all those seeking the excitement of financial upheaval. But it may be time to temper our worry and take a closer look at some of the year-over-year foreclosure statistics:

  • Though the national rate of foreclosure increased by a whopping 79% between December 2006 and December 2007, the rate was still only 1.033%. Because about 30% of all homes are owned mortgage-free, this means that for all the noise about a crisis, only seven-tenths of 1% of all homes were in foreclosure.
  • In the top 100 housing markets, the average foreclosure rate was somewhat higher — 1.38% — and it was up 78% over the previous year. But if you rank-ordered the list of the top 100 areas, only 34 had foreclosure rates above the group average. Fifty-one areas had rates of 1% or less.
  • Foreclosure rates actually fell in 14 of the 100 areas. More important, many of the areas with the highest increases in foreclosure rates were rising off rates that were tiny. The Bethesda, Md., area, to offer the most extreme case, saw foreclosures rise 1,288% — to a rate of 0.682%. In other words, foreclosures there were virtually nonexistent the year before. Today they are still well below the national average. The same can be said for the Albany, N.Y., area (up 638% to 0.25%), the Baltimore area (up 544% to 0.73%) and the Providence, R.I., area (up 354% to 0.41%).

 

Another pattern emerges if you cross the foreclosure rates with the Office of Federal Housing Enterprise Oversight (OFHEO) index of home prices. It shows that the top 10 foreclosure areas in America are areas of extreme price change — changes far from the national average of 46.92% over the past five years. (See the table below.)

Seven of the top 10 foreclosure areas had experienced major price spikes in the past five years. Three of the top 10 foreclosure areas had experienced price increases that were dramatically lower than the national average. That pattern continues when you examine the top 25 foreclosure areas.

 

A tale of two extremes:

 

Metro area

Foreclosure rate, December 2007

Year-over-year increase of foreclosures

5-year home-appreciation rate

Detroit/Livonia/Dearborn, Mich.

4.92%

68.15%

-0.92%

Stockton, Calif.

4.87%

271.30%

65.07%

Las Vegas/Paradise, Nev.

4.23%

169.11%

88.33%

Riverside/San Bernardino, Calif.

3.83%

186.14%

107.80%

Sacramento, Calif.

3.12%

272.54%

56.90%

Cleveland/Lorain/Elyria/Mentor, Ohio

2.97%

112.43%

9.36%

Bakersfield, Calif.

2.96%

244.82%

113.82%

Miami

2.72%

106.13%

114.98%

Denver/Aurora, Colo.

2.64%

27.19%

10.83%

Fort Lauderdale, Fla.

2.63%

110.05%

94.29%

National average

1.03%

79.21%

46.92%

Average of top 100 metro areas

1.38%

78.23%

Not available

Sources: RealtyTrac, OFHEO

 

 

 

 

 

The seven areas with the top price appreciation for the past five years averaged a stunning 91.6% increase, nearly double the national average. The national average, in turn, was about triple the inflation rate for the period.

 

Small wonder the foreclosure rate is booming as well. Anyone who bought in the past few years with a 5% or 10% down payment has a good chance of being upside down as froth comes off the market. In those areas the problem is about irrational price spikes and the hazards they bring to homeownership.

 

Some would call this "a Cadillac problem" — a great problem to have, like having more boats than you have water-skiers. Though 5% of the homeowners may be losing their homes, most of the other 95% probably feel significantly richer.

 

How much richer? Try this. Suppose you paid three times your income for a house and it nearly doubled in value over five years. What does that mean? It means your net worth grew by nearly three years of income. Try achieving that with your 401(k) plan. Even if you bought halfway through the surge, your gain is likely to be well more than one year of income. However you cut it, the change compares quite favorably with working and saving.

 

The three metro areas with low price appreciations are a different matter. Homeowners in Detroit have actually lost money on their homes over the past five years. That, in turn, has limited their ability to make up for income shortfalls by borrowing against home equity. Add a shrinking job market, and places such as Detroit are coping with a perpetual surplus of sellers over buyers.

 

One indication is the cost of renting a U-Haul truck. It recently cost $1,447 to rent a 26-foot truck to move from Detroit to Dallas but only $521 to rent the same truck to move from Dallas to Detroit. The real economic problem, for the most people, isn’t the price-spike states. It’s the deflation states.

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December 31, 2007

Week of December 31st, 2007

Filed under: Uncategorized — Morgan @ 12:25 pm

How to Keep Your New Year’s Resolutions

New Year’s is the only holiday that celebrates the passage of time. Perhaps that’s why, as the final seconds of the year tick away, we become introspective. Inevitably, that introspection turns to thoughts of self-improvement and the annual ritual of making resolutions, which offer the first of many important tools for remaking ourselves. Here are the top twelve resolutions for most people:

 

  1. Eat right, lose weight and get in better physical shape
  2. Save or invest money
  3. Stick to a budget/debt reduction
  4. Enjoy more quality time with family & friends
  5. Find a soul mate or just a date
  6. Quit smoking and/or drinking
  7. Find a better job, get promoted or start a business
  8. Learn something new/further education
  9. Give back: volunteer and help others
  10. Get organized
  11. Reduce stress, have more fun and enjoy life more
  12. Travel for pleasure

Every year, we list our personal New Year’s resolutions and we know we need to change. The trouble is that fewer than 10% of people who set New Year’s resolutions actually achieve them, so those same resolutions will top next year’s list, too. We’ve all broken our share of New Year’s resolutions. Why are resolutions so difficult to keep and how can you ensure your success?  Our resolutions often are something we feel we need to do, but not what we want to do.  So how can you make this year truly different? Here are a few tips:

 

1. Take time to reflect. We have so many responsibilities, running from one to the next. It’s hard to find time for reflection, but it is what we need to do for something as important as setting goals.

 

2. Tune into your passions.  We tend to notice what we’re not. We’re told we can do anything we put our mind to—so if we can’t do everything, we feel like failures. Focus on who you are, on producing a life you can enjoy. We’re all given talents. Focus on those. Before you decide on what you’ll take on for the year, make certain you are doing this goal for yourself.  Aim for things that are truly important to you (vs. your mom, boyfriend, wife, boss, society), not what you think you ought to do or what others expect of you.

 

3. Pick a few goals—not twenty! Don’t overload yourself. It’s difficult enough for the average person to follow through on two or three ambitious New Year’s resolution; why on earth would you saddle yourself with more than you can handle? Choose the most pressing issue at hand—losing weight, improving your relationships, getting out of debt and saving money—and concentrate on those. Trying to do fifteen or twenty things simultaneously practically guarantees failure across the board.

 

4. Set realistic, yet achievable “stretch” goals.  It goes without saying that most New Year’s resolutions are easier said (or written) than done—but if you set the bar way too high, you’re doomed from the start. Be realistic by setting achievable goals that stretch you to go further. Winning the lottery, for example, is out of your control.  Saving money is totally in your power.  Saving a little more than you think you can would be a stretch goal.

 

5. Commit. Make the decision that you will show up for your goals. If you’re contemplating putting a goal down that you always put down and never achieve, take a second look. How will this goal end differently this year?  Find alternatives to a behavior that you want to change, and make this part of your resolution plan. So you want to quit smoking but you smoked to relax yourself? What other forms of relaxation are available to you?

 

6. Write goals down/make a plan. It’s a fact: writing down your goals gives you a higher chance of success. Describe your resolutions in specific terms. Instead of "I don’t want to be lazy," opt for "I want to exercise regularly" or "I will cut down on my television watching."  Ensure success with a step-by-step plan. Work backwards by starting with the end vision of where you want to be and working backwards to where you are today. You’ll find an easy action plan to make your goals a reality.

 

7. Tell people/get accountability. Tell everyone you know. Talk to your spouse, best friend or family. One school of thought says that New Year’s resolutions are best kept to oneself, but look at it this way: the more people to whom you announce your resolution, the more people there will be to prod you along if you fall behind.  Meet for lunch once a month with a group that will ask you, "So, how’s it going with your goal?"

 

8. Reward yourself. Following through on a New Year’s resolution is rarely easy, so a little Pavlovian conditioning goes a long way.  Find ways to use regular rewards to pat yourself on the back and give yourself a little encouragement. Rewards create a feeling of doing something you want to do, not just what you’re forcing yourself to do. Even the smallest of rewards can work wonders as you move from milestone to milestone.

 

9. Focus with reminders. Once you’ve got your goals and plan in place, figure out ways to remind yourself. Some people post their goals in on their bathroom mirror or in their car. Others put reminders in their palm pilots or cell phones. Figure out what works for you.

 

10. Harness the power of emotion.  When trying to change, you’re fighting a battle between emotion and logic.  Focus on the good emotions—happiness, satisfaction, exhilaration—that you will feel if you achieve your goal. That’s how you can sustain your commitment to your goals. It’s about spending more time feeling good rather than feeling bad.

 

11. Believe and visualize yourself making the change. Visualization is a powerful process used by Olympic athletes, astronauts and great people throughout history. Visualize yourself on New Years Eve 2009 with all your goals achieved. What would that look like? How would it feel? Visualize once a day and see the difference it can make in your life.

 

12. Be brave and be persistent.  It takes courage to move out of your comfort zone, but success breeds success. After you’ve made one change, you feel the passion and like it, because you have ventured out of your comfort zone and succeeded. You’re then motivated to make other changes.  Even more importantly, you must be persistent.  Don’t sweat the setbacks and don’t give up! Keep at it until you achieve the goals you set for yourself.  It’s what you want, need and deserve. It may take a very short time and little effort, but more often, it takes persistent effort over time to change your life in any way.

 

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