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Montgomery AL Foreclosure Trends - February 2012

Friday, March 30, 2012
by The Hat Team

There were 874 Montgomery AL foreclosure homes for sale with 1 in every 1,181 housing units receiving a foreclosure filing in February 2012. The average selling price of a Montgomery AL home was $97,803 and the average foreclosure selling price was $69,578, a $28,225 savings according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.89% in February while the number of foreclosed homes dropped from 117 to 80.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.08% lower than national statistics, 0.01% higher than Alabama and the same as Montgomery County statistics for the month of February 2012.

montgomery al foreclosure 

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased from 59 homes in January to 44 in February. The number of Auctions dropped from 58 to 36. There is a 6-month falling trend.

montgomery al foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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Midtown Montgomery Real Estate Market Trends - February 2012

Friday, March 23, 2012
by The Hat Team

Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®.

NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power. An index of 100 is defined as the point where a median-income household has exactly enough income to qualify for the purchase of a median-priced existing single-family home, assuming a 20 percent down payment and 25 percent of gross income devoted to mortgage principal and interest payments.

NAR projects the affordability index for all of 2012 will be at an annual high, with little movement in mortgage interest rates or home prices during the year.

What does affordability look like in our local real estate market? Take a look at February figures.

Midtown Montgomery real estate sales statistics for February show the average sales price decreased by 4% to $96,324 when compared to February 2011.  The number of homes sold decreased by 5% in February 2012.  The median sales prices decreased by 26%, and market times increased by 3% or 3 days.  The highest selling home price increased by 1%, and the lowest selling home price decreased by 77%.

 

Midtown Montgomery Feb 2012 Feb 2011
Homes Sold 19 20
Average Selling Price $ 96,324 $ 99,860
Median Selling Price $ 60,000 $ 81,200
Days On The Market 116 113
Highest Selling Price $ 286,000 $ 285,500
Lowest Selling Price $ 4,000 $17,500

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery Real Estate For Sale: 2263 Country Club Drive Montgomery, AL 36106

Wednesday, March 21, 2012
by The Hat Team

Montgomery Real Estate For Sale:

2263 Country Club Drive Montgomery, AL 36106

MLS#291429

Great bones and unique custom 1950's features make this home on desirable Country Club Dr. a must see. Built in 1947, this three bedroom and two bath home has a traditional layout and beautiful detail in woodwork and built-in cabinetry. In the mid 1950's the owner'/builder (noted for building Normandale Mall) added a fantastic den and playroom addition for his growing family. The vaulted ceiling, cork floor, and terrazzo fireplace are eye catching, and '50's fans will love the vintage "Brady-Bunch" staircase in the back of the room leading to the huge bonus/playroom above the two car garage. The hidden gem of this property is that it backs up to a private city park, shared only by the homes on its perimeter. With a playground for kids and large open field it is a great spot for sporting events and leisure.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

 

 

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Montgomery Real Estate For Sale: 2108 Powell Lane Montgomery, AL 36110

Friday, March 16, 2012
by The Hat Team

Montgomery Real Estate For Sale:

2108 Powell Lane Montgomery, AL 36110

MLS# 287982

Income producing duplex located behind Garrett Coliseum.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

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Montgomery Real Estate For Sale: 536 Jasmine Trail Prattville, Al 36066

Friday, March 16, 2012
by The Hat Team

Montgomery Real Estate For Sale:

536 Jasmine Trail Prattville, Al 36066

MLS#287495

Fabulous Silver Hills home that is so pristine you'll think it's brand new! Seriously! One step into the foyer and you will see beautiful crown molding, grand columns and arches, and trey ceilings in almost every room. The gourmet kitchen is a cook's delight with granite breakfast bar and plenty of room for the whole family to gather. The screened in back porch opens onto a spacious brick patio, perfect for entertaining and complete with it's own water fountain, that overlooks the professionally landscaped (and professionally maintained) backyard. There's tons of storage in the attic above the immaculate garage. There are so many custom details that you have to come see for yourself!

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

 

 

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Montgomery AL Homeowners: Simple Ways to Go Green

Thursday, March 15, 2012
by The Hat Team

St. Patrick’s Day is an Irish holiday celebrated around the globe to honor St. Patrick, the patron saint of Ireland. It is a time for shamrocks, leprechauns, parades, corned beef and cabbage, and green beer.  ‘Tis an occasion for the wearing of the green, sporting of Irish symbols, singing loudly at the neighborhood pub, and searching for a four leaf clover.  And, in addition, it can also act as a reminder of the benefits of going green in your Montgomery AL home.  

st patricks dayIn spite of the recent push for making “big item” (and often costly) environmental changes to your Montgomery AL home, there are innumerable small steps you can take before, on, or after March 17th, to benefit the earth-- and your budget.     An eco-friendly lifestyle doesn't need to be difficult or expensive, and you can begin with these tips from Good Housekeeping to create a home that'll make you — and the earth — proud.

  • Get the kids to turn off video games (both the TV and the console) after they're done playing, and you'll win back about $100 per year.
  • Turn off the water while brushing your teeth. Leaving the tap running during the recommended two minutes of brushing can waste up to five gallons of water a day.
  • Switch to Energy Star-rated CFL bulbs, like Satco's Mini Spiral S6202; they use 75 percent less energy and last 10 times longer than standard bulbs.
  • Open windows and doors or operate window or attic fans when the weather permits. Most heating and cooling systems do not bring fresh air into the house.
  • Get off junk-mail lists.  Register with the Direct Marketing Association's DMAchoice mail preference service, and you'll see a significant reduction in mail after three months.

Other suggestions include:

  • Power down computers every night for the good of the equipment and to save money. Leaving computers on all the time shortens their lifetime due to heat stress and mechanical wear.
  • Unplug cell phone chargers when not in use. Even when your phone isn't being charged, your charger is using electricity.
  • Make five minute showers a goal.
  • Visit sites such as Simple Mom, Parentdish, or Worldwatch Institute for many more easy-to-practice tips for your Montgomery AL home.

Although there is no guarantee that using these suggestions will help you find a pot of gold, you will certainly be making the earth a greener place by doing so!
 

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery Real Estate For Sale:1521 Westminster Drive Montgomery, AL 36107

Tuesday, March 13, 2012
by The Hat Team

Montgomery Real Estate For Sale:1521 Westminster Drive Montgomery, AL 36107

MLS#291144

This well maintained one-owner garden home is lovely and ready to move into! With custom features like top-of-the-line gas log fireplace with beautiful mantle and trey ceilings, you immediately realize that this is not just the run-of-the-mill home. Open plan flows well, and the sunroom addition has multiple uses. Split plan allows for two spacious bedrooms, each with private baths and plenty of closet space. The real surprise, however, is the side and back yard. Beautiful lush landscaping surrounds large party deck and swimming pool! Entertain crowds or just relax alone in this totally private oasis. Priced better than its competition, this one definitely shows better than any other garden home currently offered in Woodmere. And, within walking distance to parks, jogging trails, and fishing "holes"!

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

 

 

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Montgomery AL Foreclosure Trends - January 2012

Friday, March 9, 2012
by The Hat Team

There were 840 Montgomery AL foreclosure homes for sale with 1 in every 808 housing units receiving a foreclosure filing in January 2012. The average selling price of a Montgomery AL home was $81,926 and the average foreclosure selling price was $81,926, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.92% in January while the number of foreclosed homes climbed from 58 to 117.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.04% lower than national statistics, 0.05% higher than Alabama and the same as Montgomery County statistics for the month of January 2012.

montgomery al foreclosure 

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties increased from 20 homes in December to 59 in January. The number of Auctions rose from 38 to 58. There is a 6-month rising trend.

montgomery al foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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Montgomery Real Estate For Sale:3123 Sutton Drive Montgomery, Al 36111

Wednesday, March 7, 2012
by The Hat Team

Montgomery Real Estate For Sale:3123 Sutton Drive Montgomery, Al 36111

MLS #290975

Not only is this the best deal on the block, it has been meticulously maintained and is move-in ready! Unlike your typical garden home, you won't feel squeezed in here! The soaring vaulted ceilings, open living/dining areas, and an oversized master bedroom give a feeling of space and volume. And, you will think the master bathroom goes on and on, with double vanity, garden tub, walk-in shower, and water closet with linen storage. If you are a clothes-"hog" you will most appreciate the 2 walk-in closets as well as additional closet space about the house. The breakfast nook overlooks a Florida room with wide windows that cam be opened to convert it into a screen porch in the milder months. If you need storage, there is an attached storage room as well as a detached AND tons of attic storage. Split bedroom plan allows for privacy between owner and guests. Lastly, maintenance is kept to a bare minimum with vinyl siding and trim, and VERY little yard care required. Jump on this deal and tell all your friends about the great home at a great price you just snagged!

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

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Montgomery Real Estate For Sale:1924 Graham Street Montgomery, AL 36106

Monday, March 5, 2012
by The Hat Team

Montgomery Real Estate For Sale:1924 Graham Street Montgomery, AL 36106

MLS#290885

Classic brick Tudor Cloverdale cottage near all the hot spots and recent loft construction. Entrance foyer is columned and arched doors add to the old house feel. Main bedroom is down with great bath area. Kitchen has newer appliances and features great attached gathering room. Backyard has deck and is fully fenced for your children and pets. Detached garage offers space for your projects or even your car. Call us or your favorite agent for a viewing before it's gone.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options.

 

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Displaying blog entries 1-10 of 11

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