Real Estate Market

Midtown Montgomery Market Trends

Scaling Down for an Empty Nest


Facing the dilemma of what to do with your empty nest can be overwhelming. You are not only dealing with the emotional turmoil of no longer having your children at home, but now you have this BIG, empty house as well.  You might already be considering a move to a smaller house, but the thought of giving up the home where you raised your children has you feeling melancholy.  Your current home likely holds a lot of wonderful memories for you. But remember, it’s just a house. There are a lot of perks to downsizing:

  • Your house will be easier to maintain and you will spend less time cleaning.
     
  • You will spend less money on everything from your mortgage, taxes and insurance to your heating, cooling, and electricity. 
     
  • Having less debt will eliminate the financial stress that comes with a huge mortgage payment.
     
  • A home that doesn’t drain your resources and energy will give you peace of mind.  And that is priceless.
     
  • A smaller home has a positive impact on the environment because it requires less resources to build and maintain.
     
  • You will have more free time for living the life you want.
     
  • It will force you to declutter and cut back on your belongings and keep you from buying more. The Ridiculously Thorough Guide to Decluttering Your Home
     
  • If decorating is not your thing, a smaller house will make it less overwhelming for you.
     
  • When the time comes to sell, a smaller, more affordable home will appeal to a larger percentage of the population.

Scaling down doesn’t mean you should move into one of the tiny houses that are trendy right now.  It might be just going from four bedrooms/three baths to three bedrooms/two baths.  A professional Realtor can assist you in finding a smaller home that will suit all your needs and provide you with a happier, more peaceful lifestyle. 12 Life-Changing Benefits of Living in Small House

If you have an empty nest and you are ready to sell your LARGE home for a smaller home, let Sandra Nickel and her Hat Team of professionals assist you with all your real estate needs!  Call them today at 334-834-1500!

A Guide to Home-Selling During Spring


Spring is a great time to sell a house.  In fact, per a Zillow study, homes listed between May 1 through May 15 sold, on average, around 18.5 days faster than homes not listed during this period.  Add this to the fact that the largest number of buyers are actively searching for homes in the months of April, May and June and you will see that getting your property on the market this time of year is a must!  This is especially true right now because interest rates are still relatively low.  Here are some tips that will help your house stand out among the plethora of homes that get put on the market in spring:

  • Wash windows inside and out and polish all mirrors.  A little bit of sparkle goes a long way in impressing potential buyers.
     
  • Rake the yard and trim back bushes.  Your yard is the first thing people will see. Dead leaves and debris do not paint a pretty picture.  In addition, you want as much natural light as possible flooding through your windows, so make sure bushes aren’t blocking the rays. Budget-Friendly Home Staging Tips to Maximize Curb Appeal
     
  • Mow the yard diagonally and edge along the driveway and sidewalks.  Mowing diagonally makes yards look larger. And edging shows that you give attention to small details. 
     
  • Plant yellow flowers.  Yellow tulips and daffodils promote feelings of happiness and contentment.
     
  • Clean window treatments and open windows.  It will be worth your while to take down your drapes, curtains and blinds to clean them and give them a crisp, fresh look.  Weather permitting, opening windows lets the fresh air in and gives the whole house the feeling of spring.
     
  • Have fresh, fragrant flowers in the house.  Artful home-staging brings color and pleasant aromas indoors. Flowers for Home Staging
     
  • Polish floors to a high gloss.  Make those floors shine!  Refinish them if necessary.
     
  • Use light colors. Even if you must spend a little to replace items, towels, linens, throws and sofa pillows are inexpensive accents that will pay off.  Use soft, spring colors such as yellows, pinks, pale blues and lavenders to light up a room.
     
  • Spruce up your entryway. This is the part of your home where buyers will get their first impression.  Make it a good one!

If you are in the market to buy or sell a home, let Sandra Nickel and her Hat Team of professionals assist you with all your real estate needs! Call them today at 334-834-1500!

Midtown Montgomery Market Update

Slaying the Largest Home Buying Myths Today

  • The average down payment for first-time homebuyers is only 6%!
  • Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate!
  • 88% of property managers raised their rents in the last 12 months!
  • The average credit score on approved loans continues to fall across many loan types!

From the KCM Crew for Buyers

Midtown Montgomery Market Update

Midtown Montgomery real estate sales statistics for March 2019 show the number of homes sold rose by 5.4% when compared to March 2018.  The average sales price increased by 0.1%, and the median sales price increased by 20.2%. Market times rose by 12 days.

Midtown Montgomery March 2019   March 2018
Homes Sold 39 37
Average Selling Price $152,302 $152,149
Median Selling Price $140,000 $116,500
Days On The Market 132 120
Highest Selling Price $635,000 $725,000
Lowest Selling Price $11,000 $19,500


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.

   cdpe    crsHat Lady on Zillow