I read in Sundays paper in the real estate section it mentined about a 77 unit condos that will be built in that huge lot of land on Dauphin street. Which is a across the street from that strip mall with Gold GYM. I use to always wonder why this huge peace of land hjas been vacant for so long, but now they are building condo units that will range from 199,000 - 270,000 $. They aslo will be building a grocerry store there (I hope a Publix or whole foods) and a drug store as well.
Home prices are falling across much of the country, but Mobile saw a 1.63 percent increase in home values in the first quarter of 2008, according to a report issued Thursday.
Over the last year, house prices are up more than 6.7 percent in Mobile County, making the city among the nation's top 10 metropolitan areas in terms of price appreciation, according to the Office of Federal Housing Enterprise Oversight in Washington, D.C.
http://www.al.com/news/press-registe...370.xml&coll=3
I assume thats a sign of growth !