Real Estate Information Archive


Displaying blog entries 1-10 of 15

3039 Woodley Terr. Montgomery, AL 36106

by The Hat Team

All the work had been done to this precious cottage. From the wonderful covered porch out back to the new heat pump installed upstairs for the master suite, you will be impressed by this renovation. You will be hard pressed to find a better house at a better price in the Cloverdale area. The location is perfect as you are within walking distance to the Cloverdale Business district and Huntingdon College. Don't let this one get away before you take a look.

For more information on this home or other Montgomery real estate, visit our website, or give us a call for more personalized service, 800-428-5239.

704 Park Ave. Montgomery, AL 36106

by The Hat Team

Who wouldn't want to live on Park Ave! This wonderful and stately Arts and Crafts oversized bungalow sits on a huge well manicured corner lot just steps from beautiful Cloverdale park. You'll love the deep covered front porch with commanding views. Enter the spacious formal living room through gorgeous beveled glass french doors and note the elegant fireplace and coffered ceilings. The enormous formal dining room awaits many family gatherings and holiday dinners. Cozy den/family room off LR offers another fireplace, floor to ceiling bookshelves, and antique sconce lighting. Large kitchen and big sunny breakfast room are ready for your custom updates. 3 large bedrooms, huge pristine bath with original deco tile work and claw foot tub, and recently remodeled master bath. Detached guest cottage out back could provide additional income through rental or great for visiting family and friends.

For more information on this home or other Montgomery real estate, visit our website, or give us a call for more personalized service, 800-428-5239.

Consumer Confidence Index Drops Lowest in Two Years

by The Hat Team is reporting that, despite last week’s interest rate cut, the consumer confidence index was the lowest it has been this September since November 2005.  The decline is mainly attributed to declining home values, a deteriorating labor market, and tougher borrowing standards for home loans.


Unfortunately, where interest rates care concerned, "When the news is good, that's bad.  And when the news is bad (like the slippage in consumer confidence), that's ultimately good!" Given the multitude of factors leading to the declining trend in consumer confidence, could more cuts from the Fed be in store? 


Read the full article here


Despite the national market trends, this is still a great time to consider purchasing a home in Montgomery.  Please call me at 800-HAT-LADY for all of your Montgomery AL real estate needs.  Or you can visit my web site and sign up to receive automated emails of new Montgomery AL listings that meet your criteria!

Montgomery AL Real Estate Market Trends Report

by The Hat Team

According to the latest forecast by the National Association of Realtors®, tightening credit standards for those applying for home mortgages will likely dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008.


Lawrence Yun, senior NAR economist, said unusual disruptions in the mortgage market are dampening the outlook for home sales, notably for August and September.  “There’s been an unusual hit to home sales, starting in March when subprime problems emerged and more recently when problems spread to jumbo loans, with many potential home buyers on the sidelines.”  He noted, however, that “the volume of existing-home sales this year will be better than 2002, which was the second year of the housing boom.”


Let’s take a look at August sales statistics to see how the market looks in Midtown Montgomery.

Pending sales dropped by 40 percent this August compared to August 2006. The number of homes sold also dropped by 19 percent. Market times increased from an average of 70 days in August 2006 to 100 days this August.

On a positive note for sellers, the average sales price increased 25% from $136,721 last August to $183,279 this August.  August 2007 saw only 9 homes sell under $75,000 and only 13 sold under $100,000.  In contrast, August 2006 saw 14 sales under $75,000 and 20 total under $100,000.  Additionally, 2007 saw 9 sales over $300,000 as opposed to only 4 in 2006.  As they move up to larger, nicer homes, owner-occupants increasingly choosing Midtown over other upscale areas!

Clearly, however, the investor "fix and flip" market segment has begun to dry up - no wonder, given the amount of negative publicity in the national media! 




Market Times

Sales Price

August 2007





August 2006





As these statistics show, it is still a great time to consider buying a Montgomery AL home.  To begin searching for Montgomery AL homes, please use my complimentary MLS Search, or call me at 1-800-HAT-LADY.  If you are thinking of selling your Montgomery AL home, please call me or visit today to receive your complimentary comparative market analysis.  We can work together to get you a great deal!


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

Record August For Alabama Auto Makers

by The Hat Team

Alabama auto makers experienced record sales in August despite all the doom and gloom reported about the auto industry world wide. Read the full story...

Our Alabama local auto industry is strong and so is Alabama real estate. It is a great time to buy a home or investment property in Montgomery AL. You can view all Montgomery homes for sale by visiting our website,

Interested in a list of new homes for sale as they hit the market? Go to

Applying For A Loan In Montgomery AL

by The Hat Team
You may feel like you are drowning in paperwork when you head to your lender’s office to apply for your next home loan. This is thanks in part to tightening credit standards that are causing lenders to require more proof than ever of borrowers’ income and expenses. To make the process somewhat less daunting, I’ve put together a list of items you may be required to bring along when are ready begin the loan application process: (please note, all lenders are different and may require more or less paperwork!)
-          Addresses of employers for two full years
-          Gross monthly income, proven by last two pay stubs
-          W-2’s, if available
-          Proof of pensions, retirement, disability, or Social Security
-          Proof of income from rentals, investments, etc.
-          Proof of child support or alimony paid/received
-          Self-employed: two years 1040 tax returns and current year profit and loss statement
-          Each creditor’s name, type of account, and account numbers
-          Monthly payments and approximate balances
-          Amount of child care expenses and other fixed monthly expenses
-          Names of checking & savings institutions, along with account numbers and current balances
-          Last two months bank and savings statements
-          List of assets in stocks, bonds, land
-          Life insurance cash value
-          Social Security numbers for all parties
-          Veterans: Certificate of Eligibility & DD-214 or Statement of Service
-          Divorce Decree and/or Separation Agreement if applicable
-          Child support documentation if applicable
-          Bankruptcy papers if applicable
This may seem like a lot of personal information to have to provide just to apply for a home loan. But imagine if you were about to lend hundreds of thousands of dollars to somebody – you’d probably want a pretty good idea of that person’s ability to pay you back!
Please visit Montgomery Alabama Home Search to get started searching for homes in the Montgomery area. You can also visit my website or email me to learn more about Montgomery AL real estate. I’m here to help!

3157 Woodfern Dr. Montgomery, AL 36111

by The Hat Team

With a little lipstick and rouge, this spacious Brentwood rancher could be your perfect home. Formal DR has large bay area perfect for accommodating oversized furniture. Galley style kitchen and large breakfast room open to huge family room with built-in bookshelves and real masonry FP. Hardwood under carpet in den and hall/bedrooms. Covered patio on back, detached wkshop/storage building and lots of mature trees for shade. Priced well under market value and sold as-is.

For more information on this home or other Montgomery real estate, visit our website, or give us a call for more personalized service, 800-428-5239.

Montgomery AL Real Estate Podcast

by The Hat Team

The Hat Team presents the August edition of the Montgomery Real Estate Podcast.

This month's edition covers Montgomery real estate market activity and then we'll talk about the importance of seller disclosures.

Features special guest Terri Murphy of US Learning.

Program length: approximately 07:30 minutes

download podcast mp3 file   |   subscribe to podcast feed

Sandra Recognized as Foreclosure Investment Expert in AL!

by The Hat Team

Ralph Roberts of Warren, MI, one of the top Realtors in the nation – has written a book that is both extremely informative as well as timely for today’s real estate market.  Foreclosure Investing For Dummies is a hands-on guide that covers all aspects of investing in foreclosures – which we all know are on the rise in almost every corner of America.  In the book, Roberts navigates several topics including how to: 

  • Obtain financing
  • Network your way to success
  • Avoid common pitfalls
  • Invest with integrity
  • Build a strong investment team
  • Research property titles, mortgages, and deeds

I am honored to have been included as a Contributing Realtor for Alabama, and would be happy to answer any questions you may have about investing in the many foreclosures that are showing up on the market all over the Montgomery area. 


To learn more about investing in Montgomery AL real estate, please visit our Invest In Alabama website.  To learn more about the local market conditions and other Montgomery AL real estate, please visit my website or call me at 800-HAT-LADY.  I would love to help you invest in your future! 

3566 Carter Hill Rd. Montgomery, AL 36111

by The Hat Team

 If you love to entertain, this conveniently located townhouse is PERFECT. With an oversized dining room; updated u-shaped kitchen with top-of-the-line appliances and sink; HUGE living room with custom built-ins, lead-glass windows, and 2 sided gas log fireplace; big "garden" room, and powder room downstairs. Upstairs is a good sized master with 2 closets; master bath with double vanity and split design; 2 additional BR with hall bath; and big walk-in laundry room. Parquet hardwood floors through most of the home. No-maintenance unit! New roof 2 yrs ago Sec system Plantation shutters 2 dedicated spaces out front plus visitor parking.

For more information on this home or other Montgomery real estate, visit our website, or give us a call for more personalized service, 800-428-5239.

Displaying blog entries 1-10 of 15




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