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Montgomery Real Estate For Sale: 2510 Jasmine Road

Monday, August 24, 2009
by The Hat Team

Montgomery Real Estate For Sale:

2510 Jasmine Road, Montgomery AL 36111
MLS #267290 

This McGehee Estates home is not your typical ranch. Located on a quiet cul-de-sac, it offers an open floor plan with wonderful space to entertain family and friends. The extra large L-shaped family room has built-in bookshelves and overlooks the patio and sparkling salt water pool. Updated kitchen is a joy to cook in with double ovens and plenty of granite counter space. With walk-in closets and tons of storage, you'll want to put this one at the top of your list to see.

Learn more about 2510 Jasmine Road and other Montgomery real estate by visiting HatTeam.com.

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Montgomery Real Estate Sales Statistics - July 2009

Thursday, August 20, 2009
by The Hat Team

Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in June, rose 3.6 percent to 94.6 from an upwardly revised reading of 91.3 in May, and is 6.7 percent above June 2008 when it was 88.7.  The last time there were five consecutive monthly gains was in July 2003.

Lawrence Yun, NAR chief economist, said a combination of positive market factors is fueling the gains.  "Historically low mortgage interest rates, affordable home prices and large selection are encouraging buyers who've been on the sidelines.  Activity has been consistently much stronger for lower priced homes," he said.  "Because it may take as long as two months to close on a home after signing a contract, first-time buyers must act fairly soon to take advantage of the $8,000 tax credit because they must close on the sale by November 30."

Let’s take a look at the July sales statistics to see how the Montgomery AL real estate market looks: 

Montgomery AL real estate sales statistics for July show pending sales decreased by 33% in 2009 compared to July 2008. The average sales price decreased by 10% to $131,554 while sold listings were down 42% from 2008.  Market times showed a increase of 1 days or 1% from 2008.

 

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

July 2009

40

28

89

$131,554

July 2008

60

48

88

$146,520

 

Remember, the clock is ticking on the $8000 first-time home buyer tax credit. Give us a call to make your dream home a reality!

For the latest Montgomery AL 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. 

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Montgomery Foreclosure Trends - July 2009

Saturday, August 15, 2009
by The Hat Team

There are 1,243 Montgomery foreclosure homes for sale with 210 new foreclosures in July 2009, down from the June 2009 high of 240 new foreclosed homes. The average selling price of a Montgomery home is $206,084 and the average foreclosure selling price is $125,000, according to RealtyTrac.com.

Montgomery Foreclosure Activity and Home Price Index

 montgomery foreclosure

Montgomery foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Montgomery Foreclosure Geographical Comparison

Montgomery foreclosure activity is lower 0.08% lower than national statistics and 0.10% higher than Alabama statistics.

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned fell by more slightly in July, as did the number of Auctions. The 6-month trend, however, is a rise in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on your 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. Give me a call for a private consultation.

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Montgomery Real Estate For Sale: 3272 LeBron Avenue

Tuesday, August 11, 2009
by The Hat Team

Montgomery Real Estate For Sale:

3272 LeBron Avenue, Montgomery AL 36106
MLS #266882

Mrs. Clean lives here!! And so can you! If you're tired of grimy, gloomy houses, call today to see this meticulously kept little gem of a home. It's small but wonderful with gorgeous floors, new paint and fully equipped updated kitchen and bath. Refrigerator, washer and dryer remain to make your move-in easy and economical, too!  And outside there's a "to die for screened porch," a huge, lushly landscaped yard with invisible pet fence and attached (yes, attached) double carport! Two blocks to Cloverdale Bottom Park and just 5 to all the action on Fairview.

 

Learn more about 3272 LeBron Avenue and other Montgomery real estate for sale by visiting HatTeam.com.

 

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Montgomery Home Search Tips

Friday, July 31, 2009
by The Hat Team

Home Search Tips for Montgomery home buyers:montgomery home

1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you'd be willing to spend each month for housing. 

2. Be realistic. It's OK to be picky, but don't be unrealistic with your expectations. There's no such thing as a perfect home. Use your list of priorities as a guide to evaluate each property.

3. Get your finances in order. Review your credit report and be sure you have enough money to cover your down payment and closing costs. Then, talk to a lender and get prequalified for a mortgage. This will save you the heartache later of falling in love with a house you can't afford.

4. Don't ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion, but be ready to make the final decision on your own.

5. Decide your moving timeline. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area? All of these factors will help you determine when you should move.

6. Think long term. Are you looking for a starter house with plans to move up in a few years, or do you hope to stay in this Montgomery home for a longer period? This decision may dictate what type of home you'll buy as well as the type of mortgage terms that will best suit you.

7. Insist on a home inspection. If possible, get a warranty from the seller to cover defects for one year.

8. Get help from a REALTOR®. Hire a real estate professional who specializes in buyer representation. Unlike a listing agent, whose first duty is to the seller, a buyer's representative is working only for you. Buyer's reps are usually paid out of the seller's commission payment.

Search all Montgomery homes for sale and give us a call. We'd like to help you buy your dream home.  

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Montgomery Real Estate For Sale: 3360 Montemuza Road

Tuesday, July 28, 2009
by The Hat Team

Montgomery Real Estate For Sale:

3360 Montezuma Road, Montgomery AL 36106
MLS# 266492 

The moment you enter this pristine home, you'll know it's been touched by the hand of a talented architect. No matter where you look, you see light and beauty! From the original pickled Ponderosa pine in the living and dining room, to the faux painting in the downstairs den, to the vaulted ceilings in the 3-room upstairs master suite...it's all glorious, and squeaky-clean, too. And from every window and full-glass door, you feast your eyes on the lushly landscaped yard with dappled shade provided by tall trees. Wonderful to behold and even more wonderful to own, so click on the video to see for yourself then make it yours today!

 

Learn more about 3360 Montezuma Road and other Montgomery real estate by visiting HatTeam.com.

 

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Montgomery Real Estate For Sale: 748 E Edgemont Avenue

Monday, July 27, 2009
by The Hat Team

Montgomery Real Estate For Sale:

748 E Edgemont Ave, Montgomery AL 36111
MLS# 266485 

Great deal in Cloverdale/Idlewild! This home has spacious rooms and great flow. Recently painted inside and out, it is ready for you to move into! Split plan has two good-sized bedrooms and a bath on one end and a master bedroom and bath off the kitchen. Huge den/family room has fireplace and overlooks back yard. Raised brick patio is perfect for backyard parties. Plenty of parking in rear and there's even a cute little "doll house" for kids to play or makes great storage for lawn equipment.

 

Learn more about 748 E Edgemont Ave and other Montgomery real estate for sale by visiting HatTeam.com.

 

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Montgomery AL Real Estate Sales Statistics - June 2009

Friday, July 24, 2009
by The Hat Team
Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.

Lawrence Yun, NAR chief economist, cautions that there could be delays in the number of contracts that go to closing. “Closed existing-home sales have improved but are coming in lower than expected because some contracts are delayed or falling through from the application of new appraisal rules for many transactions,” he said. “Rises in contract activity show buyers are becoming more active even as they face much more stringent loan underwriting standards. Speedy clarification of the appraisal rules could smooth a housing market recovery and support the overall economy.”

Let’s take a look at the June sales statistics to see how the Montgomery AL real estate market looks: 

Montgomery AL real estate sales statistics for June show pending sales decreased by 35% in 2009 compared to June 2008. The average sales price decreased by 2% to $135,350 while sold listings were up 8% from 2008.  Market times showed a increase of 10 days or 10% from 2008.

 

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

June 2009

34

38

99

$135,350

June 2008

52

35

89

$138,532

 

Remember, the clock is ticking onn the $8000 first-time home buyer tax credit. give us a call to make your dream hyome a reality!

For the latest Montgomery AL 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. 

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Montgomery Real Estate For Sale: 3244 Southview Ave

Friday, July 24, 2009
by The Hat Team

Montgomery Real Estate For Sale:

3244 Southview Ave Montgomery AL 36106
MLS# 266445 

 

This Edgewood home offers all that you love about old houses, but without old house hassles. Entertain friends in classic style in the formal living & dining rooms featuring heavy stucco walls, arched entryways and hardwood floors. Wonderfully updated gourmet kitchen with breakfast bar opens into a cozy keeping room for informal dining or family gathering. If you enjoy being outdoors, you'll love the private shaded side deck and the beautiful professionally landscaped yard with plenty of room to play. With the option of having the master bedroom downstairs or up, a den/study, and a bonus/rec area upstairs, there is plenty of room to spread out. Unexpected amounts of closet and storage space round out the many amenities this home has to offer.
 

Learn more about 3244 Southview Avenue and other Montgomery real estate by visiting HatTeam.com.

 

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Montgomery Real Estate: 2641 Oxford Drive

Wednesday, July 22, 2009
by The Hat Team

Montgomery Real Estate for Sale:

2641 Oxford Drive, Montgomery AL
MLS# 266372 

Cool down your hot summer days and nights in the beautiful oasis back yard of this Gay Meadows charmer! Sparkling pool in a mostly private setting perfect for entertaining or watching the kids splash about. Gardeners will love the extensive herb garden, butterfly garden, and flora abounding! The house itself is immaculate and boasts spacious rooms and beautiful hardwood floors. The open design of the kitchen looks across the breakfast bar and through the den/family room, so you can keep an eye on the little ones as you prepare family meals. Don't miss the "bonus" room off the laundry that could be an office, study, sewing room, craft room, mud room, wrapping room, workshop, playroom...(you get the picture!) Due to the shape of the lot, there is a "dog run" behind the rear privacy fence and a large grassy play area to the left of the fenced pool area. Please put this one first on your list because it is ready to move into and waiting for YOU!

 

Learn more about 2641 Oxford Drive and other Montgomery real estate for sale by visiting HatTeam.com.

 

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