Real Estate Information Archive

Blog

Displaying blog entries 81-90 of 138

Montgomery AL Real Estate For Sale:

 
MLS#409639
 

Pristine home situated on a quiet cul-de-sac in Green Acres. Move in ready with new carpet and fresh paint. Lots of living space with living room, family room/den and a huge bonus room addition. Bedrooms are spacious and bathrooms have new vinyl tile floors. Lovely covered patio perfect for relaxing and good size back yard with two storage sheds. Home has been very well cared for, check it out today!

 

Commercial Property in Montgomery AL

by The Hat Team

Commercial Property in Montgomery AL For Sale

1536 E Ann St, Montgomery AL 36106
MLS# 322661

Great Value, Location, Opportunity!

1536 e ann street

Awesome location near I-85, heavy traffic count on nearby Zelda Rd. Lot goes from E Ann through to Ann St. 10 parking spaces. Was last used as a hair/nail salon. Sold as is but a great value, location and opportunity!!

Marketed by Montgomery AL Realtors Sandra Nickel Hat Team.

Montgomery AL Real Estate For Sale: 1875 Gillespie Drive

by The Hat Team

Montgomery AL Real Estate For Sale:

1875 Gillespie Drive, Montgomery AL 36106
MLS# 320805

You Will Not Believe This Midtown Home!

You will not believe the space in this 4 bedroom, 2 bath home in Midtown! Priced to SELL, this move-in ready home boasts two spacious living areas, a large corner lot, and attached carport for convenience. Hardwood floors throughout most of the house means no carpet and no allergies! If you are a pet lover, there is already an invisible fence for the front and back yards. Convenient to shopping and dining, I-85, and downtown. Call your favorite agent and make an appointment to see this one before it gets away!

1875 gillespie dr

Virtual Tour

Marketed by Montgomery AL Realtors Sandra Nickel Hat Team!

Midtown Montgomery Real Estate Market Trends - May 2015

by The Hat Team

When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case. While vacation homes are obviously a big investment, they aren’t out of reach for those under the six-figure salary mark. According to NAR’s 2015 Investment and Vacation Home Buyers Survey, the median household income for those who own a vacation property is $94,380, only about $15,000 more than the median income for those who own their primary residence ($79,650). And if you thought buyers needed cash to buy it, think again—70 percent of vacation homes purchased last year were financed with a mortgage. Considering buying a vacation home? Start your search here!

Take a look at May 2015's real estate sales statistics.

Midtown Montgomery real estate sales statistics for May 2015, show the number of homes decreased 10%. The average sales price decreased by 15.71% to $118,566 for the month. The median sales price decreased by 21.59% to $96,250, and market times increased by 15 days.  The highest selling price decreased by 48.03% from May 2014.

Midtown Montgomery  May 2015   May 2014
Homes Sold 44 40
Average Selling Price $118,566 $140,671
Median Selling Price $96,250 $122,750
Days On The Market 148 133
Highest Selling Price $330,000 $635,000
Lowest Selling Price $1 $9,249

 

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery AL Home For Sale: 2185 Woodley Rd

by The Hat Team

Montgomery AL Home For Sale:

2185 Woodley Rd, Montgomery AL 36111
MLS# 318131

Your Dream Home Awaits!


2185 woodley rd

Your dream home awaits! Buy this home and lovely lot and either renovate or demolish the structure to make way for the home of your dreams. Whether you're the creative type yourself or have an architect or designer, the potential of this location will be obvious. Attractive financing products make it easy to go from concept to completion. And the end product will be surrounded by other homes of extremely high value, too. So think big and call your REALTOR today!

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.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

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

February 2015 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for February 2015, show the number of homes dropped 3.70% by 1 home . The average sales price decreased by 21.91%% to $100,996 for the month. The median sales prices decreased by 52.97% to $55,500, and market times increased by 1 day.  The highest selling price decreased by 12.63%, and the lowest selling home price decreased by 10% compared to $10,000 from February 2014.

Midtown Montgomery  February 2015   February 2014
Homes Sold 26 27
Average Selling Price $100,996 $129,334
Median Selling Price $55,500 $118,000
Days On The Market 141 140
Highest Selling Price $425,000 $487,000
Lowest Selling Price $9,000 $10,000

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Midtown Montgomery Real Estate Market Report for August 2014

by The Hat Team

While the number of for sale by owner transactions is on the decline, approximately 9 percent of sellers decide to go it alone and forego outside help from a Realtor®. Typically those that go this route have extenuating circumstances, such as already having a relationship with the buyer (which happened in 40 percent of recent FSBO sales, according to National Association of Realtors® data). However, NAR’s 2013 Profile of Home Buyers and Sellers shows that most sellers benefit from the outside help of a knowledgeable advocate when selling their home. Aside from being experts in the field, Realtors® have the time, know the market and needs of the potential buyers, bring an objective and fresh perspective to the seller, understand the complexity of all of the processes involved, and have the ability to attract qualified buyers.  It’s because of these reasons that sellers using a Realtor® tend to get more for their homes, according to NAR’s report.

Let’s look at how many sellers sold their homes with a Realtor in August.

August 2014 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for August 2014, show the number of homes sold decreased by 9% when compared to August 2013. The average sales price increased by 3% to $140,940 for the month. The median sales prices increased by 16% to $107,500, and market times increased by 27 days.  The highest selling price increased by 40%, and the lowest selling home price increased by 14% compared to August 2013.

Midtown Montgomery  August 2014 August 2013
Homes Sold 29 32
Average Selling Price $140,940 $136,497
Median Selling Price $107,500 $92,000
Days On The Market 159 132
Highest Selling Price $830,000 $590,000
Lowest Selling Price $11,000 $9,640

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information courtesy of Montgomery Alabama Realtor Sandra Nickel, Sandra Nickel Hat Team.

Midtown Montgomery Real Estate Market Report for May 2014

by The Hat Team

All-cash offers are an unusual real estate tactic, but often times are a winning strategy at the negotiating table, and are presently on the rise. The National Association of Realtors® reports market share of all-cash purchases has risen and currently makes up 33 percent of the market. This is a unique trend, especially since the market has experienced a decrease in distressed homes and investor activity.

Economists point out many reasons for this popular trend. One is restrictive lending standards have caused many buyers, especially wealthy ones, to forgo a loan. Another is the aging baby boom generation, many of whom are trading down and paying for their purchase with cash accumulated from decades of equity. Some also point to foreign buyers; home purchases by foreign buyers in the U.S. are increasing and those buyers don’t have the credit history in the U.S. to qualify for a loan.

None of those situations have significantly impacted the Montgomery market.  For May, 24% of the sales were all-cash and averaged just $42,500.  This indicates they were predominantly investor sales of distressed properties.  Now let's look at the other May statistics for Midtown Montgomery.

Midtown Montgomery real estate sales statistics for May 2014, show the number of homes sold increased by 5.7% when compared to May 2013. The average sales price increased by less than 1% to $144,882 for the month. The median sales prices increased by 17%, and market times decreased by 4 days from May 2013.  The highest selling price decreased by 5%, and the lowest selling home price decreased by 45% compared to May 2013.

Midtown Montgomery  May 2014 May 2013
Homes Sold 33 35
Average Selling Price $144,882 $144,725
Median Selling Price $123,000 $105,000
Days On The Market 126 140
Highest Selling Price $635,000 $665,000
Lowest Selling Price $9,250 $17,000

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery AL Home For Sale: Charming Craftsman Bungalow!

by The Hat Team

Montgomery AL Home For Sale: Charming Craftsman Bungalow!

2118 Winona Ave, Montgomery AL 36107
MLS# 307656

2118 winona ave

This charming Craftsman bungalow is the perfect representation of Capitol Heights! Starting with the awesome front porch, inside you will find beautiful hard wood floors, a huge eat-in kitchen and nicely updated bathroom. The bedrooms are spacious and one even has a huge walk-in closet. Put this on your list to see today.

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.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

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

 

Investing In Real Estate With Your IRA

by The Hat Team

You probably already know that you can invest your IRA money in stocks and bonds and even in mutual funds if you so desire, but did you know that you can also invest those IRA funds in Montgomery real estate?  Doing so, however, is a bit complicated, and IRS rules concerning such purchases must be followed to the letter. 

real estate investingUsually, when you take money out of an individual retirement account before you reach age 59 1/2, the IRS considers these premature distributions. In addition to owing any tax that might be due on the money, you'll face a 10 percent penalty charge on the amount.  This is not the case, however, when you use the money to buy your first investment property.  (Note: Technically, you don't have to be purchasing your very first home or building. You qualify under the tax rules as long as you, or your spouse, didn't own a principal residence at any time during the previous two years.)  You can use up to $10,000 in IRA funds toward this purchase. If you're married, and you and your spouse are both first-time buyers, you can each pull from retirement accounts, giving you $20,000 to use.

The restrictions are many (and perhaps time-consuming) and include the following:

  • You will need to find an IRS custodian who handles these investments (and the options are currently limited).  Generally banks and brokerage firms do not handle IRA distributions for real estate transactions.
  • Only the custodian may handle your IRS funds.
  • The type of property you buy must be for investment only and may not be used by you or by relatives. 
  • All proceeds from the investment will go back into your IRA fund.  Likewise, however, all expenses must be paid from that fund, so you must have enough liquidity in your IRA to cover such costs.
  • You must let the IRS know that you used the retirement money early for a tax-acceptable purpose by filing Form 5329.
  • You must use the IRA funds within 120 days of withdrawal to pay qualified acquisition costs. This includes the costs of buying, building or rebuilding a home, along with any usual settlement, financing or closing costs.

The above information applies only to traditional IRSs.  To learn about the procedure for an Roth IRA, click here.

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.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

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

Displaying blog entries 81-90 of 138

Syndication

Categories

Archives

   cdpe    crsHat Lady on Zillow