Economic News, Real Estate Market And The Mobile Bay Metro Area!

Local, Regional and National News will be provided within this category. Also, Cheney Appraisal Services, Albert Marshall Cheney, will provide articles, information and opinions about the local real estate market within “The Mobile Bay Metro Area – Baldwin County and Mobile County of Alabama!”

Fairhope, Alabama 3 bedroom and 2 bathroom homes having waterfrontage or access to a tributary were available for all individual and family budgets based on 30 MLS online sold records since the start of this 2016 year. Homes, with varying actual ages, ranging from 1200 ft.² to 3544 ft.² with a median of 1865 ft.² have sold values ranging from $163,900-$1,550,000 with a median of $289,700. Individuals and families had choices along Mobile Bay, creeks and Fish River.

Currently, there are approximately 11 active waterfront, and access to waterfront, 3 bedroom and 2 bathroom homes with list prices ranging from $398,500-$2,250,000 with a median list price of $545,000. The square footage ranges from 1470 ft.² to 5856 ft.² for these 11 homes.

Call Al Cheney, Certified Residential Real Property Appraiser, 251-533-2424, to discuss your residential appraisal requirements when selling your home, settling an estate, property taxes and or any legal requirement involving real estate.

Unfortunately, if you are refinancing or purchasing a home by obtaining a mortgage loan through a lender, your home appraisal fee will probably be $350-$500 depending on lender internal requirements as well as their choice of an Appraisal Management Company (AMC); since 21 July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act created significant financial regulation over mortgage lenders and has also been more detrimental to the consumer in regards to more documentation and higher costs. The mortgage lending red tape has harmed good real estate appraisers trying to adhere to all of the numerous and onerous new regulations for appraisal opinion reporting. The government’s creation of more and more red tape for mortgage lenders has not been helpful but a direct detriment to consumers, home appraisers and the real estate industry as a whole.

Al Cheney is a Certified Residential Real Property Appraiser in the State of Alabama who offers special “non-financial” appraisal opinion reporting primarily within Baldwin County and Mobile County. Most residential appraisal fees will range from $225-$275 depending on location; more complex properties and or waterfront properties are quoted on a case-by-case basis. If you are a consumer/homeowner requiring an appraisal opinion report for estate settlement, property tax reduction and or any other reason not requiring a mortgage loan, call Al Cheney at 251-533-2424 today and discuss your real estate appraisal problem.

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Al Cheney, Cheney Appraisal Services, 251-533-2424, has over 35 years’ experience within the Mobile Bay Metro Area, Baldwin County & Mobile County of Alabama. Al Cheney is ready to assist you with all your personal legal requirements for a home or thinking about selling a residential property.

Al Cheney has very appealing & special appraisal assignment fees for a straightforward appraisal report depending on its particular location. The appraisal report fees for most homes are as follows: within the City Limits of Mobile, the fee is $225; the immediate outskirt beyond the City Limits of Mobile has an appealing fee of $250; more distant locations generally will have a fee of $275. Of course, any home having a more complex nature or distant location and or any other special requirement will require a quote from Al Cheney.

Please visit www.CheneyAppraisalServices.com as well as call Al Cheney at 251-533-2424 today to schedule your real estate appraisal inspection. Al Cheney is ready to assist you in fulfilling your necessary legal requirement regarding your home or when selling a residential property located within the Mobile Bay Metro Area of Alabama.

AL CHENEY 11242015 R01-3

(The quoted appealing and special appraisal assignment fees are for all non-financial or non-mortgage appraisal reports.)

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Talk with Al Cheney about your personal non-financial home (most only $275 to $300) and land (most only $225 to $250) appraisal requirements within Citronelle, Alabama 36522 and the Celeste community. Citronelle is located within the most northern part of Mobile County of Alabama and about 40 to 45 minutes from Historic Downtown Mobile, Alabama depending on traffic. Citronelle locational map is: https://www.google.com/maps/dir/Mobile,+AL/Citronelle,+AL/@30.8930738,-88.2768975,11z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x889a4e1df14cf8a9:0x4ce80e5477899e1a!2m2!1d-88.0398912!2d30.6953657!1m5!1m1!1s0x889b1b672ff8dfaf:0x4617330fb8ed8d61!2m2!1d-88.2280622!2d31.0907338!3e0

Citronelle, Alabama was settled in 1811.

Cheney Appraisal Services‘ primary Mobile MSA (metropolitan statistical area) coverage area for non-financial home and undeveloped land appraisal reports are within many communities of Baldwin County and Mobile County, The Mobile Bay Metro Area, encompassing Historic Mobile Bay.

Cheney Appraisal Services‘ website is http://www.CheneyAppraisalServices.com/. More complex and waterfront residential properties are quoted on a case-by-case basis.

(Celeste community, Citronelle Alabama, Admiral Raphael Semmes, Property Appraiser Mobile Alabama, appraiser Mobile Alabama, real estate appraiser Alabama, Home Appraisal, Alabama real estate appraiser, real estate appraiser for selling, real estate appraiser for legal purpose, real estate appraiser tax purpose, need appraisal for legal in mobile Alabama, appraisal for legal purpose, appraisal for settling estate purpose, Semmes home appraiser, Historic Downtown Mobile, home appraisal Mobile Al, home appraiser in Mobile Alabama, realtors Mobile Alabama, for sale by owner Mobile Al, appraisal for sale by owner, Alabama appraiser for sale by owner, real estate appraiser in Alabama, Celeste 36522, Citronelle 36522, William Bartram, American Botantist, Choctaw Indians, Creek Indians, Citronella)

RECENT MOBILE BAY METRO AREA STATISTICS: The 2013 estimate for Baldwin County’s population is 195,540. The 2013 estimate for Mobile County’s population is 414,079. The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama, has an estimated population of 609,619. The population estimate for a 60 mile radius around Mobile, Alabama is 1.2 million people. This information provided by Al Cheney, Certified Residential Real Property Appraiser in Alabama.

Cheney Appraisal Services’ primary Mobile MSA (metropolitan statistical area) coverage area for non-financial home (most only $225 to $275 depending on location) and undeveloped land (most only $175 to $225 depending on location) appraisal reports are within many communities (such as, Bay Minette, Daphne, Elberta, Fairhope, Grand Bay, Loxley, Robertsdale, Saraland, Satsuma, Semmes, Theodore) of Baldwin County and Mobile County, The Mobile Bay Metro Area, encompassing Historic Mobile Bay.

Cheney Appraisal Services’ website is http://www.CheneyAppraisalServices.com/. More complex and waterfront residential properties are quoted on a case-by-case basis. Call (251)533-2424 today!

AL CHENEY

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In the past 12 months, Wakefield Subdivision has had 9 home sales according the MLS records within the Mobile Area Association of Realtors website. These 9 sales range in property value from $146,000 to $205,000 with most gross living area ranging from 2,084 square feet o 2,450 square feet. All of the homes are 4 bedrooms with 2 or 3 full bathrooms. The days on the market (dom) are mostly under 120 days over the past 12 months. Currently, there are 6 active MLS listings with asking prices ranging from $159,900 to $229,000 and square footage ranging from 2,074 to 2,607 with 3 to 5 bedrooms. Wakefield Subdivision is located off the south side of Airport Boulevard, just past Snow Road, in western Mobile. The Mobile Regional Airport is located only minutes east from this residential development.

BLOG - WAKEFIELD SUBDIVISION 36695 [02]

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By Albert Marshall Cheney, Alabama Certified Residential Real Property Appraiser
Post Office Box 8888, Mobile, Alabama 36689-0888
For appraisal report inquiry call (251) 533-2424 or email to Albert@CheneyAppraisalServices.com
Periodically, I add photographs from the Mobile Bay Metro Area which consists of the two counties which wrap around Mobile Bay, Baldwin County and Mobile County. These counties offer so much for the residents as well as our visitors. Come and take a journey through my photographs of local people, historical buildings, scenery, and other characteristics which make this Gulf Coast area an interesting place to live and visit!
BLOG-Downtown Mobile Sunset From Bayway 04192013 [01]BLOG-Downtown Mobile-01 17 2013 [02]
MOBILE SUNSET FROM BAYWAY      DOWNTOWN MOBILE ON 01/17/2013
BLOG-DOWNTOWN MOBILE FROM CAR-06072013 EmailBLOG-SUNSET WHEN GOING HOME-06072013 [02]
HISTORIC DOWNTOWN MOBILE SUNSET DOWNTOWN MOBILE, ALABAMA
BLOG-Austal Downtown Mobile 06 20 2013 [01]BLOG-Downtown Mobile Post Office-Bldgs-04162013 [01]
AUSTAL, DOWNTOWN MOBILE U. S. POSTAL OFFICE DOWNTOWN MOBILE
BLOG-SEA OATS-DAUPHIN ISLAND 080813 [02]BLOG-DAUPHIN ISLAND WATER TANK 080813 [01]
SEA OATS, DAUPHIN ISLAND, AL WATER TOWER, DAUPHIN ISLAND, AL
BLOG-DAUPHIN ISLAND BEACH-GULF 080813 [03]BLOG-DAUPHIN ISLAND CONDOS 080813 [05]
DAUPHIN ISLAND, AL BEACH, 08/08/2013 DAUPHIN ISLAND CONDOS, 08/08/2013
BLOG-GULF SHORES BEACH WATER-06072013 [04]BLOG-GULF SHORES BEACH HOUSES-06072013 [09]
GULF SHORES, ALABAMA BEACH GULF SHORES COTTAGES ON THE WATER
 

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“A Fragile Economy With High Unemployment And Uncertainty
Will Be More Of A Future Problem Than The BP Oil Spill.”
Al Cheney’s Comments and Opinions for 29 August 2010.

As a local, born and raised in the Mobile Bay Metro Area, I am sincerely happy that the bubbling crude has finally been capped after 90 days-after 90 days! It is worth repeating since this horrific ecological and environmental disaster should have never lasted this long if it wasn’t for the many faux pas by BP Oil and our own government. They say, the majority of the surface oil has dissipated and now can’t be found. Oh, really? The “on the surface” crude problem is only hiding in the depths of the sea-harming crustaceans, oysters and other seafood for years to come.

And, yes! I do realize that biological organisms will thrive on the raw crude and eventually remove it as a major threat but, this will take a very long time. The damage has already been done and its true damage is still hidden in the depths of the sea. Enormous amounts of crude, damaging dispersants, oil soaked wetlands and sea bottoms are here to stay for decades. A possible ecological disaster lurks beneath the sea and within the wetlands for years to come.

Furthermore, the inappropriate government overreach in shutting down oil rigs (overdramatic and very political), media sensationalism damaging our Gulf Coast tourism, and an already weaken real estate industry has created more negative affects upon Alabama and the other States along the Gulf Coast. Honestly, at this time, the affects of any significant real estate recovery and tourism is unknown.

The fact is that, a fragile economy and a weakened real estate industry have been further exacerbated by the crude ecological and environmental disaster, and the crude politics of Washington. And, our tourism for this year has been damaged by irresponsible journalism media. Even so, the coastline of the Gulf States and its real estate will overcome this adversity and will eventually be less affected by the BP oil spill and the many missteps of Washington. The media needs to practice more responsible journalism and avoid the traps of sensationalism. Sensationalism is not journalism!

Well, our coastal properties along the beaches as well as other properties with gulf views and close to water tributaries will eventually improve over time. For now, the recent past spreading of crude through the Gulf of Mexico has resulted in a deeper real estate market slowdown affecting property values near and along the Gulf Coast. Whether legitimate, or not, many homes located well off water tributaries have also been affected to some degree. It is a real estate market slowdown caused by a fragile economy and the worse oil spill known in North America.

From my standpoint, the negative value affects for homes located off the beaches and the Gulf of Mexico should be negligible as time leads us into the future. Then, when looking back in time, I believe, this catastrophe will reflect “a blip on the radar screen” when focusing only on the 90-day oil spill disaster. Then, there could be the possibility of a more normal level and slight positive return of property values; if a more normal level can be equated with a fragile economy under severe stress.

The fragile economy with high unemployment (9.5% but does not include the people who have given up) and uncertainty will be much more of a future problem for Gulf Coast property values than the BP oil spill. As time leads us into the end of 2010 and into the beginning of 2011, an even more fragile economy and real estate industry might be the result when continuing to implement recessive programs and tactics by the government while banks, entrepreneurs and small businesses mostly sit on the sidelines, “digging in their heels” or “going out of business” sales. Only deregulation and lowering taxes, the cessation of large government spending, small business incentives (get the oil riggers, shrimpers and other parts of the Gulf Coast seafood industry back to work) as well as “just plain honest positive talk” from the current Administration and our government representatives (most of them forget that they work for us) will improve the real estate industry-part of the backbone of America!

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On the 20th April, 2010, the Deepwater Horizon offshore drilling rig, operating off the coast of Louisiana, had a massive oil spill in the Gulf of Mexico. This oil spill resulted in a blowout leading to an explosion. At this point in time, Gulf Coast residents were not fully aware of its severity but very concerned about their future.

Now, we’re twenty-eight (28) days and counting down to a potentially life changing event for Alabamians. We are all wondering about our beautiful Alabama beaches, our coastal waters, our wildlife and our livelihood. How severe will this oil spill affect our lives in Alabama? Are we counting down to an impending threat to the Alabama coastline? Will it be a disaster negatively affecting the Alabama coastline for decades to come? How will Alabama coastal properties be affected by this catastrophe? Will the marketability of coastal Alabama real estate be affected and labeled with the stigma as “oil spill property,” whether true or false? Will your property be worth more or less after the oil spill reaches the shores of Alabama? I think you already know the answer for many of these questions.

If your coastal real estate becomes affected from this oil spill, contact a qualified attorney for advice and remember Cheney Appraisal Services, Albert M. Cheney, (251) 533-2424, as your Certified Residential Appraiser.

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BLOG-SaengerSign02-2010 [04]“When Mobile’s Saenger Theatre opened on January 19, 1927, it was the sixty-first Saenger theatre of a chain founded by J.H. and A.D. Saenger of New Orleans. There were Saenger Theatres located throughout the South as well as in Cuba and Puerto Rico. Hailed as, “Alabama’s Greatest Showplace” and, “the most beautiful playhouse in all of Dixie,” the Mobile Saenger Theatre took a year to construct at a cost of about 500,000 dollars. Designed by renowned architect, Emile Weil …”

“The Saenger Theatre of Mobile now functions as a performing arts center and is the official home of the Mobile Symphony Orchestra. The Saenger features an annual Summer Movie Series and presents numerous concerts, lectures and special events. The Saenger Theatre is a historic landmark, dear to the hearts of Mobilians for its architectural grandeur and ties to our cultural history as well as for the extraordinary caliber of entertainment it offers our community today.”

Read the entire history of the Saenger Theatre as well as its scheduled events and box office information by clicking this web-link, http://www.mobilesaenger.com/info.php.

Contact Information
Box Office Entrance
6 South Joachim Street
Mobile, Alabama 36602

Administrative Offices: 251-208-5600
Rental Info: 251-208-5608
FAX: 251-208-5607
Box Office: 251-208-5600
Email: saengertheatre@cityofmobile.org

Administrative Office Entrance
250 Conti Street
Mobile, Alabama 36602

Theatre Staff & Management
Nichole T. Loper, Operations Manager
Patty Thompson, House Manager
Mitch Teeple, Production Manager
Chris Penton, Settlement Agent
Kelly Somers, Box Office Clerk
Lorenzo Franklin, Custodian

VOLUNTEERING: The event support committee consists of community volunteers from all walks of life whose dedicated service is invaluable to the Theatre’s operation.

If you would like to join our event support committee, please call Patty Thompson at 251-208-5608. If you would like to become a CLA member, please call Jani Young at 251-208-5652.

(Photograph by Al Cheney, 7th February 2010, FHA Approved Residential Appraiser with Cheney Appraisal Services, 251-533-2424.)

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