Real Estate Information Archive


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   Montgomery Real Estate For Sale:

  1019 Avondale Road Montgomery, AL 36109

   MLS# 268560



Great schools and convenient, too! This cozy little cottage is only a short walk from Flowers Elementary and not far from Goodwyn Jr High and Lee High School, so getting your kids to a good school will be a piece of cake. No car? Walk about a block to shopping or catch MATS Twin Oaks route to Super Wal-Mart. Plus it's a nice little house in a neighborly neighborhood, so check it out today!

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Montgomery AL Real Estate Sales Statistics - October 2009

by The Hat Team

Congress has voted to extend the current higher Fannie Mae, Freddie Mac and FHA loan limits through 2010. The present loan limits would expire at the end of 2009 and revert to previous lower limits. The higher limits, along with the home buyer tax credit extension, are necessary to keep the markets moving at this critical time," said National Association of Realtors President Charles McMillan.

"Home sales have shown significant movement upwards in the past six months and reduced inventory in some segments of the housing market, but not in all. Home purchases in the middle-income and higher brackets have not moved much, and those markets must improve before we can experience a fully sustained housing recovery. These higher loan limits will help motivate qualified home buyers to purchase in those markets," McMillan said.

Let's look at October real estate sales to see how the housing recovery is progressing in Montgomery AL.

Montgomery AL real estate sales statistics for October show pending sales have increased by 2% in 2009 compared to October 2008. The average sales price decreased by only 1% to $130,053 while sold listings were up by 6% from 2008.  Market times were 22 days less than 2008..





Market Times

Sales Price

Oct 2009





Oct 2008





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


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

   Montgomery Real Estate For Sale:

   2210 Country Club Drive Montgomery, AL 36106

   MLS #269445



If you're handy and love to piddle around, you'll love the two workshops, hot house, grape arbor and huge yard of this spacious rancher. And if you're looking to create your dream home adjacent to Montgomery Country Club, the price here leaves plenty of room for renovation or demolition/rebuild. One final word: if you need a real mother-in-law suite, this home has one with its own little kitchen. So check it out and see how this well loved home can work for you.


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Montgomery Real Estate For Sale: 3224 Le Bron Avenue

by The Hat Team

   Montgomery Real Estate For Sale:

  3224 Le Bron Avenue Montgomery, AL

   MLS# 269524


Looking for a private getaway in a true master SUITE? This adorable Cloverdale cottage has just that! Put the kids downstairs in two spacious bedrooms with room to play, and head off to the second floor "parents" retreat. With sitting area, large bedroom area, renovated bath, home office/study "nook" and 5 closets (one is large walk-in and one is cedar lined!)it is a true "en suite!" Back on the main level, there is a comfortable living room and dining room. If spending time outside is your thing, you will enjoy countless hours on the covered side porch and large wrap-around deck. With ample parking on the side and rear, you still have plenty of yard for the kids to play. Architect owner has maintained and upgraded this home since 2001, and now it is YOUR turn to enjoy all the work that has been done. Don't forget all this is within a few blocks of beautiful parks and some of the city's best dining and entertainment.


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Montgomery Real Estate For Sale: 2023 Hazel Hedge

by The Hat Team

   Montgomery Real Estate For Sale:

   2023 Hazel Hedge Lane Montgomery, AL 36106

   MLS #269589


Looking for low maintenance, lock-it and leave-it living...this is it! This brick 2 story town home in desirable Hazel Hedge offers easy living in high style. Is safety and security a concern? It won't be in this fully contained one-way-in and one-way-out community with security fencing. And, you don't have to do anything but move in...this unit has been freshly painted inside and has worry free tile downstairs and brand new carpet upstairs. If you've been in your existing home more than 5 yrs and are thinking of downsizing...close on this home after 1 December and take advantage of the new tax credit!

Learn more about 2023 Hazel Hedge and other Montgomery Real Estate by visiting


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Montgomery Real Estate Appraisal Myths Debunked

by The Hat Team

A real estate Appraisal is not the same thing as a Comparative Market Analysis (CMA). A real estate Appraisal determines the market value of the property, which is an estimate of the sale price of the house. An Appraisal is mandatory when you are borrowing money from a lender to purchase a home. An Appraisal is done by a specially trainmontgomery real estateed and experienced individual known as an appraiser. 

On the other hand, a Comparative Market Analysis is used to determine a reasonable asking price based on the selling and listing prices of comparable real estate. This is conducted by the real estate agent listing the property. The sole purpose of a CMA is to help the real estate agent advise the sellers when trying to come up with an appropriate asking price. This is different from an appraisal because a Comparative Market Analysis helps determine the actual asking price, where as the appraisal reveals the property's actual value. Appraisers usually use similar research on comparable properties as a factor in determining the property value. 

Here are some myths and facts to help you lean more about the Appraisal of your Montgomery real estate. 

1. Myth: Some people may think that making sure the buyer does not overpay is the main goal of an appraisal. 

Fact: People buying and selling real estate can gather resourceful information from an appraisal. However, the appraiser's intended purpose is to provide protection for lenders. An Appraisal is required before the lender approves a buyer's loan. 

2. Myth: Appraisers determine the property value by multiplying the price per square foot by the square footage of the property. 

Fact: Appraisers determine the value of the Montgomery real estate by other characteristics too. Things they take in to consideration include the location, proximity to desirable destinations, school districts, quality and condition of the property, selling prices of comparable real estate, and other relevant qualities. 

3. Myth: Anyone involved in real estate could conduct Appraisals. 

Fact: States regulate the requirements for Appraisals to obtain a license. Obtaining a license usually includes taking courses, passing an exam, and possible hours of experience. 

4. Myth: There is never an obligation to educate buyers on problems with the home found by the appraiser. 

Fact: The appraiser is required to notify buyers of problems when the buyer is applying for a mortgaged insured by the Federal Housing Administration. For other types of mortgages, the appraiser is not required to disclose potential defects. 

5. Myth: If an Appraisal is done there is no need to obtain a home inspection on your Montgomery real estate. 

Fact: As mentioned earlier the purpose of the Appraisal is to protect the lender. This does more for the people selling the Montgomery real estate. Where as, home inspections are meant to educate buyers on the state of the home and its major elements. 

Get a no obligation Comparative Market Analysis on your Montgomery real estate.

Why Montgomery Home Owners Should Move Up in This Down Market

by The Hat Team

Many Montgomery home owners have delayed moving into larger, more luxurious quarters because they "are waiting for the market to come back."  Is this a wise strategy?


I decided to have a look at the numbers, and the answer is a resounding NO!  Here's why:

The typical "family home" (2000-2500 sq ft) in the Montgomery area has declined in price about 10% in the past two years.  But the luxury home (3500 sq ft plus) is down in value 18%.  In dollars, it would look like this: 

Typical Montgomery area family home

Montgomery area luxury home
Value 2007:     $298,999 Value 2007:             $461,295
Value 2009:     $266,939 Value 2007:             $461,295
Loss on sale:   $  32,060 Saved on purchase:   $ 82,405

Would you give up $32,060 to get $82,405?  I sure would!

And while they're considering that move up, I'd also encourage buyers to give serious thought to making their move to Midtown.  Luxury homes in Midtown are down in value only 7%, not the 18% decline across the entire market. Since 2005, Midtown luxury homes have held their value far better those in other areas.  As a result, a Midtown luxury home today costs just about the same as the market average. 

So just think:  Folks can live in Midtown, come home to lunch, walk to shopping and entertainment in many neighborhoods AND anticipate that the value of their homes will hold up even better than elsewhere.


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Montgomery Real Estate For Sale: 668 Ponce de Leon

by The Hat Team

  Montgomery Real Estate For Sale:

  668 Ponce de Leon Montgomery AL 36106 

  MLS# 269357



Great space and nicely updated, this Cloverdale bungalow oozes character. The large living room and formal dining rooms have heavy stuccoed walls reminiscent of another era. The bright open kitchen on the back is totally updated with all the bells and whistles you would find in newer construction. The breakfast bar is open into a den/family room area and overlooks the covered patio and large fenced back yard. On the main level you will find two bedrooms and a bath, and upstairs another two bedrooms and bath, so you and your family have room to spread out (or an ideal situation for roomies!) Located within walking distance to parks, dining, shopping, and entertainment, this is the place to be in Montgomery!

Learn more about 668 Ponce de Leon and other Montgomery Real Estate by visiting


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Expanded Tax Credit for Montgomery Home Buyers

by The Hat Team

The $8000 first-time home buyer tax credit was scheduled to expire in just a few short weeks...Nov 30, 2009. I say ‘was', because the Senate voted unanimously to extend the credit on Monday and the House of Representatives approved the extension yesterday afternoon by a vote of 403-12. The extension includes an expanded tax credit to repeat home buyers. The bill now goes to the President for his signature which is expected to happen today.

Home Buyer Tax Credit Expansion and Extension 

  • The $8,000 tax credit will be extended and available for first-time home buyers through May 1, 2010.
  • A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and May 1, 2010. To qualify, buyers must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
  • Prospective buyers with binding contracts in place as of April 30, 2010, will be allowed an additional 60 days to complete the transaction.
  • Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
  • Limitation on the cost of a purchased home is $800,000. 

If you know anyone looking to buy their first Montgomery home at a time when prices and interest rates are still down, or if you are thinking of buying another Montgomery home and getting the new $6,500 credit please contact me today!!

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  Montgomery Real Estate For Sale:

  734 E Edgemont Avenue Montgomery, AL 36111

  MLS #269302




Adorable Cloverdale Idlewild bungalow in walking distance to restaurants, shops and the Capri Theater. The beautiful hardwood floors, high ceilings and crown molding make this house irresistibly charming. The rooms are large enough to accommodate oversized furniture with ease. The bright sunroom would make a great office, work out room or play room. There's also a wonderful deck with a swing that overlooks the shady back yard. Don't miss out on this one!


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Displaying blog entries 1-10 of 11




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