Real Estate Information Archive


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If you are buying Montgomery AL real estate, you will want to know what your credit score is. Lenders look at your credit history, debt-to-income ratio and your credit score when qualifying you for a home loan. Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:
montgomery al real estate
1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.

2. How much you owe.  If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it's a good thing if you have a good proportion of balances to total credit limits.

3. The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer's oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years.

4. How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly.

5. The types of credit you use. Generally, it's desirable to have more than one type of credit - installment loans, credit cards, and a mortgage, for example.

For more on evaluating and understanding your credit score, visit 

Are you thinking of buying Montgomery AL real estate? Learn about the home buying process at or give me a call for more personal service.

Search all Montgomery AL real estate and homes for sale. 

Reprinted from Realtor Magazine with permission of the National Association of Realtors.

Montgomery Real Estate For Sale: 3319 Wilmington Road

by The Hat Team

Montgomery Real Estate For Sale:

3319 Wilmington Rd, Montgomery AL 36105
MLS #267340

Room to move around, plus a bonus! This South Hull District home has much to large living room with fireplace and hardwood floors, a dining room fit to entertain, and a cheery sunroom! Also, if you have a treasured vehicle, there is a 1 1/2 car garage with automatic door opener big enough for a car and a few motorcycles. Big bedrooms allow for plenty of large furniture, and the master even has his and hers closets. The true "surprise"...hidden behind a door in the hallway you'll find a staircase that takes you to a HUGE 2nd floor bonus room with gorgeous pine walls, ceiling, and floor. This space is perfect for a game room (current use,) media room, play room for kids, or teenager's getaway space. There's also another room up there that could be a 4th bedroom! Shady back yard is fenced for the family pet and great space for playing or relaxing. Roof is only 2 yrs old and this house is ready to move into. First time home buyers, jump on this one and get $8,000 from Uncle Sam! Don't wait, the money goes away Nov.30th!!!


Learn more about 3319 Wilmington Road and other Montgomery real estate by visiting


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Montgomery Real Estate For Sale: 2186 Allendale Road

by The Hat Team

Montgomery Real Estate For Sale:

2186 Allendale Rd, Montgomery AL 36111
MLS #267279

Perfect peaceful Allendale! If you love to spend time with family and friends, and like to spread out...this home is just right for you. Multi-purpose areas, family room great for games and toys, and beautiful kitchen open to breakfast banquette and gathering room. Covered porch and big shady back yard invites cook-outs and play time with those you love. There is a wonderful downstairs bedroom "suite" for visitors that even has it's own entrance. Two more spacious bedrooms plus a great master AND a private office/study upstairs. You will love having morning coffee on the upstairs balcony off the master bedroom. There is plenty of storage in the walk-in attic and abundant walk-in closets. Recent renovations and tastefully designed additions make this home like new and move in ready.

Learn more about 2186 Allendale Road and other Montgomery real estate by visiting

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Montgomery Real Estate For Sale: 2510 Jasmine Road

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

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Montgomery Real Estate Sales Statistics - July 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.





Market Times

Sales Price

July 2009





July 2008






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

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

Montgomery Foreclosure Trends - July 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

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.

Montgomery Real Estate For Sale: 3272 LeBron Avenue

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


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Montgomery Sales Tax Holiday Starts Friday

by The Hat Team

The Montgomery Sales Tax Holiday starts tomorrow, Friday August 7, 2009 beginning at 12:01 a.m. (CST), and ending at twelve midnight on Sunday August 9, 2009. This is Alabama's fourth annual sales tax holiday giving shoppers the opportunity to purchase certain school supplies, computers, and clothing free of state sales or use tax. Local sales and use tax maymontgomery sales tax apply.

Retailers are required to participate and may not charge tax on items that are legally tax-exempt during the Montgomery Sales Tax Holiday. 

Sales Tax Holiday Quick Reference Sheet of Exempt Items

Sales Tax Holiday Rule 810-6-3-.65

Sales Tax Holiday Act No. 2006-574

For more information, 8:00 a.m. – 5:00 p.m., CST, Monday through Friday,
call 334-242-1490 or 866-576-6531.

Don't miss the opportunity to save money on back to school school supplies and clothing!

Displaying blog entries 1-8 of 8




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