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Displaying blog entries 1891-1900 of 1998

Montgomery Home For Sale: 1122 Lawrence Street

by The Hat Team
Montgomery Home for Sale
1122 Lawrence St. Montgomery, AL 36104

Take a look at this sweet bungalow cottage in the Historic Garden District of Montgomery. Many of the original architectural elements remain such as the beautiful hardwood floors, built in cabinetry, deep moldings and high ceilings. This Montgomery home has just had a facelift and is ready for the new owner. You will be amazed when you enter the house at how nice and spacious this home is. This one is priced to sell so don't wait too long to see it.
Learn more about this Montgomery home and other Montgomery real estate by visiting our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

 

Midtown Montgomery Real Estate Sales Statistics - July 2008

by The Hat Team

Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®. Nearly one-quarter of metropolitan areas showed rising home prices in the second quarter from a year ago, with greatly mixed conditions continuing around the country.

In the second quarter, 35 out of 150 metropolitan statistical areas1 showed gains in median existing single-family home prices from the second quarter of last year, while 115 had price declines. NAR’s track of metro area home prices dates back to 1979.
NAR President Richard Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif., said foreclosures are distorting the price data. “In many areas with large concentrations of foreclosure sales, homes are being purchased below replacement cost values,” Gaylord said. “Many buyers with long-term expectations are getting exceptional value in the current market. Once the inventory is drawn down, price pressure will return because the costs of construction are rising – today’s buyers are very well positioned to build wealth over time.” National Association of Realtors®.

Let’s take a look at the sales statistics for July 2008 to see how the Montgomery AL real estate market looks:

In Midtown Montgomery, pending sales decreased 18% in June 2008, compared against June 2007.  Likewise, the number of sold listings dropped 21%.  The average sales price decreased 9% to $131,446, and homes remained on the market for an average of 7 fewer days this June.

Midtown
Montgomery
Pending
Sales
Sold
Listings
Average
Market Times
Average
Sales Price
July 2008
38
37
104
$142,820
July 2007
72
56
133
$149,412

Again, as Gaylord said and as these statistics show, real estate prices are declining in some areas, even within the same city For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.
 
I
nformation is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed. 

Montgomery Real Estate Podcast-August 2008

by The Hat Team

The Montgomery Real Estate Podcast




This month's edition covers Montgomery real estate market activity and then we will discuss today's Short Sale programs.

Features special guest Terri Murphy of US Learning.

Also read:

Montgomery Real Estate: Short Sale Tips
Montgomery AL Real Estate Podcast
Montgomery AL Real Estate Podcast

Montgomery Homes for Sale: 2031 Fernway Drive

by The Hat Team

Montgomery Homes For Sale
2031 Fernway Drive, Montgomery AL 36111

Mediterranean Style Home with a Pool!
Love to entertain? Don't miss this awesome Mediterranean style Montgomery home in desirable McGehee Estates. Unique u-shape design's focal point is private salt water pool and cabana. Formal living room and dining rooms boast tall ceilings, open feel, unique windows, built-in bookcases, and fireplace. Cook's delight kitchen has lots of pantry space and a built-in Sub-zero refrigerator. Wonderful master suite has private sitting area, great views of the pool area, separate his/hers bath areas and walk-in closets. Office/exercise room off master with access to pool and cabana area. 4 car garage out back, greenhouse, and great outdoor living room.
For more information on 2031 Fernway Drive or other Montgomery homes for sale, visit HatTeam.com or give us a call at 800-428-5239.
Please take advantage of our complimentary Montgomery home search.

Positive News For Alabama Real Estate Market

by The Hat Team

We hear so much doom and gloom these days, I wanted to share with you information from one of our most trusted lenders, John Herzog CMB, Vice President/Regional Manager:

Last week was a very good week for interest rates and this week has begun on a positive note. It would appear with lenders applying better credit standards and underwriting guidelines that we are regaining the confidence of mortgage investors from abroad as well as domestically.

I am very encouraged that we have seen the bottom of the housing slump in Alabama and in fact we are at the beginning of leading the nation back to stability in the real estate markets.

Some areas of the country will continue to decline for months to come, but for the vast majority of America, and especially Alabama, activity and new loan applications are on the increase. Stay positive and have a great week.

If you are ready to take advantage of the bottom of the real estate slump and buy a Montgomery home while prices and interest rates are low, visit HatTeam.com or give us a call at 800-428-5239.

Search all Montgomery homes for sale.

 

Montgomery Real Estate: 3700 Everest Drive For Sale

by The Hat Team
Montgomery Home for Sale
3700 Everest Dr. Montgomery, AL 36106

Come inside this stately executive Montgomery home in Vaughn Meadows and check out all the amenities. From the formal living and dining rooms, and majestic staircase to the huge den and chef's delight kitchen. Outside you will find a beautiful pool with new liner and equipment along with a 2 car carport. The master bedroom is downstairs and features an oversized bath and plenty of closets. You are positioned on a corner lot but there is an extra lot to the south that puts plenty of space between you and your neighbor. We call it the bottom 40.
If you live to entertain or have a big family, this house would be perfect for you. There are too many upgrades to list here so you must get inside to appreciate. Put this one first on your list to see!
For more information on 3700 Everest Drive or other Montgomery real estate, visit HatTeam.com or give us a call at 800-428-5239.

Montgomery Real Estate: Short Sale Tips

by The Hat Team
In the current Montgomery real estate market, there has been a lot of buzz around “short sales.” What is a short sale, exactly? A short sale is when a lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of a property by a financially distressed owner – in essence, the lender forgives the outstanding balance of the loan.
 
short saleThere are pro’s and con’s to short sales on both sides of the deal. For the seller, credit history is seriously damaged, but not as badly as it would be by foreclosure. Sellers also walk away with no profit, which makes it difficult to purchase another home. For the buyer, the property comes at a reduced price, but it also generally comes with its fair share of problems, and there is a considerable amount of “red tape” to get through to complete the purchase.
 
The short sale buying process can be a confusing one, especially for a first-time short sale buyer. Check out this helpful article from BankRate.com and see 10 Steps for Short Sale Buying below:
 
  1. Identify potential short sales
  2. View the property
  3. Do your research
  4. Find all liens and mortgages
  5. Figure out the financing
  6. Contact the lender
  7. Complete the lender’s short sale application
  8. Assemble the proposal
  9. Negotiate
  10. Close the deal
 
To learn more about investing in Montgomery real estate, please visit HatTeam.com. For more personalized service, please call me today at 800-428-5239. 

Search all Montgomery real estate and homes for sale!

Montgomery Real Estate: Waterfront Home For Sale In Lowndesboro

by The Hat Team

Waterfront Home For Sale

160 River Road, Lowndesboro AL 36752

Looking for the perfect Affordable waterfront getaway just minutes from Montgomery...here it is! This custom built home sits on one of the widest parts of the Alabama River with literally more than a mile's view up and down this graceful body of water. With features such as real cedar siding, commercial grade steel roof, huge wrap around deck, and foam insulation underneath, your maintenance will be minimal. And, with extras inside like antique wide plank pine floors, vaulted knotty pine ceiling, and reclaimed bead board accents, you'll love inside just as much as the peaceful serenity and views outside. Plenty of room to entertain, the big open family room, dining room, and kitchen with endless breakfast bar make the mark! Throw in a master bedroom with french doors to covered deck, 2 guest rooms and additional bath and this is all you need for full time living or a perfect week-end get away. All this in the middle of 2 lots, so you have much privacy. New well provides fresh water!
For more information on 160 River Road or other waterfront homes for sale in Montgomery, visit HatTeam.com or give us a call at 800-428-5239.

Montgomery Real Estate For Sale: 1754 Wentworth Drive

by The Hat Team

Montgomery Home For Sale

1754 Wentworth Drive, Montgomery AL  36106

Spacious Montgomery Home with a Pool!
Bring the whole family because there is plenty of room! Enjoy the spaciousness and storage of this lovely one-owner home at 1754 Wentworth Drive. There are 3 bedrooms downstairs, including the master and 2 up. 9' ceilings downstairs, crown moldings throughout, wood floors, brick floors, the works. Out back is a beautiful in-ground pool with a new pool liner. Wide concrete decks with gated brick and iron fencing. Also is a 2-car carport with extra parking space and large storage rooms. Covered patio and generously covered porches. Look on the kitchen counter for a wealth of information on the home. Almost every improvement has been documented for your perusal. The best feature of this home is CLOSETS, 11 of them plus great walk-in attic storage. You will be hard pressed to find another house in the area with this quality of construction so don't delay to see it.
For more information on 1754 Wentworth Drive or other Montgomery real estate, visit HatTeam.com or give us a call at 800-428-5239.

Montgomery Real Estate: 2245 Allendale Road for Sale

by The Hat Team

Montgomery Real Estate for Sale

2245 Allendale Road, Montgomery AL 36111

One-owner Montgomery home that needs some TLC. Great floor plan with lots of possibilities. Huge lot, just right for a pool. The master bedroom has a dressing area, walk in closet and walk in shower. The other 2 bedrooms are very spacious and can accommodate any size furniture. The kitchen could use some updating but has good space and the laundry area is very large.
For more information on 2245 Allendale Road or other Montgomery real estate, visit our website, HatTeam.com or give us a call, 800-428-5239.

Displaying blog entries 1891-1900 of 1998

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