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Montgomery Real Estate For Sale: 369 Winthrop Court, Montgomery AL 36104

Monday, August 20, 2012
by The Hat Team

Montgomery Real Estate For Sale:

369 Winthrop Court, Montgomery AL 36104

MLS# 295378

Come home to one of the best streets in the historic Garden District! It will be love at first sight when you enter this early century bungalow. Your eyes will instantly be drawn to the high coffered ceilings in the living room. Dine in grand style in the large formal dining room with built-in buffet, or relax in the den/family room with a REAL wood burning fireplace. Cooking will be a pleasure in the family style kitchen with center island and tons of counter space, and the breakfast room is large enough to accommodate a small gathering area when used in conjunction with the breakfast bar. Three well proportioned bedrooms each have private bathrooms, and are situated such that they afford privacy for their occupants. Out back is a large deck overlooking meandering paths through flower beds and blooming shrubs. Come visit this special home and enjoy all its charm and amenities.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

 You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery AL Foreclosure Trends - June 2012

Friday, August 3, 2012
by The Hat Team

There were 861 Montgomery AL foreclosure homes for sale with 1 in every 892 housing units receiving a foreclosure filing in June 2012. The average selling price of a Montgomery AL home was $102,324 and the average foreclosure selling price was $88,558, a $13,766 savings according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.68% in June while the number of foreclosed homes dropped from 125 to 106.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.04% lower than national statistics, 0.03% higher than Alabama and the same as Montgomery County statistics in June 2012.

montgomery al foreclosure 

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased from 42 homes in May to 35 in June. The number of Auctions dropped from 83 to 71. There is a 6-month rising trend.

montgomery al foreclosure

Are you or someone you know behind on 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. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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The 2012 Olympic Games To Begin!

Thursday, July 26, 2012
by The Hat Team

olympic ringsThe London Summer Olympic Games begin tomorrow and end Sunday, August 12, 2012, and will highlight 302 events in 26 sports ranging from archery to wrestling.  Click here for a complete listing of schedules, venues, participants, and anything you could ever want to know for your viewing enjoyment.                                        

According to historical records, the first ancient Olympic Games can be traced back to 776 BC and consisted of a series of competitions held between representatives of several city-states from ancient Greece and featured mainly athletic but also combat and chariot racing events. During those games all struggles among city-states were set aside until the games were finished. The origin of the original Olympics is shrouded in mystery and legend, but we do know they were dedicated to Olympian gods and staged in the Olympia Plains in Greece.                                   

The meaning and the values of the Olympic Games are conveyed by the symbols of the rings, the motto and the flame.

  • The five rings -- blue, yellow, black, green, and red -- represent the five parts of the world now encompassed by Olympism and ready to compete against each other. Moreover, the six colors (including the white background) combined represent those of all nations, without exception.
  • The three words of the Latin motto translate to FASTER — HIGHER — STRONGER and encourage the athletes to give their best during competition.
  • In memory of the modern Olympic Games’ ancient origins, the flame is lit (only by the sun’s rays) in Olympia some months before the opening of the Games.  A new torch is created for each edition of the Games. Each relay runner carries his or her own torch: it is the flame which is passed from runner to runner and which cannot be extinguished. This year American four-time Olympic gold medalist Michael Johnson described carrying the Olympic flame around Stonehenge as a “magic moment”.

Want to know more about the Games?  The web is rife with sites dedicated to your thirst for Olympic knowledge and activities.  For a wide variety of quizzes and games, visit Fun Trivia, and Kaboose offers almost as many crafts and activities for kids (and parents) as there are events in the 2012 Games. Coloring pages can be found at Primary Games and Activity Village.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Midtown Montgomery Market Trends - July 2012

Friday, July 20, 2012
by The Hat Team

As Americans, we celebrated Independence Day this month flocking to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country's history and the men and women who shaped its future. The homes of founding fathers like George Washington, Thomas Jefferson and John Adams were more than shelter; they were places of respite, reflection and inspiration.

flags"Homeownership is an investment in our future, but it's also a gateway to our past," said National Association of Realtors President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. "The homes of our country's founders offer insights into their characters and values, and reflect the spirits of their owners, just as our homes do for us today."

In some ways, historic homeowners bear little resemblance to the homeowners of today. George Washington inherited Mount Vernon when he was 20; only 4 percent of recent home buyers were between the ages of 18-24, according to the 2011 NAR Profile of Home Buyers and Sellers. John Adams was born in the house that would remain in the Adams family for four generations. Today, fewer than 3 percent of families in this country have received their primary residence as an inheritance, according to a recent Survey of Consumer Finances published by the Federal Reserve Board.

Women's rights to own property in America's early days were often based on their relationships with men, so it's not surprising that many women today view homeownership as its own form of independence, with single women representing more than one-fifth of all home buyers in the current market.

Homeowners across U.S. history do share some common ground, of course. Most of the founding families lived out their lives close to where they were born, and the same is true today. The U.S. Census Bureau reports that nearly 60 percent of Americans currently live in the state in which they were born, and NAR research shows that the typical buyer moves only 12 miles from his or her previous residence.

"I am as happy nowhere else and in no other society, and all my wishes end, where I hope my days will end, at Monticello," said Thomas Jefferson of his home. Although today's economic environment has postponed homeownership for some, numerous surveys show that most Americans still aspire to homeownership. In the NAR Profile, a full 60 percent of recent first-time home buyers cited the desire to own a home of their own as the primary reason for purchasing a home.

Lets look at the June statistics in our local real estate market? 

Midtown Montgomery real estate sales statistics for June show the number of homes sold remained consistent when compared to May 2011. The average sales price decreased by 25% to $113,872 during the same period. The median sales prices decreased by 39%, and market times decreased by 15% or 19 days.  The highest selling home price decreased by 1%, and the lowest selling home price decreased by 38%.

Midtown Montgomery June 2012 June 2011
Homes Sold 32 32
Average Selling Price $ 113,872 $ 151,399
Median Selling Price $ 80,250 $ 132,000
Days On The Market 111 130
Highest Selling Price $ 415,000 $ 417,500 
Lowest Selling Price $ 10,000 $16,000

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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

 

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Stay Cool and Save Money With Energy Saving Tips

Thursday, July 12, 2012
by The Hat Team

Summer is here, accompanied by heat, humidity, and high electric bills. Depending on your location, the size of your home, and utility costs in your area, summer often brings the highest monthly bills of the year. The good news, however, is that there are some easy tips to help keep you cool in your Montgomery AL home and save a little money at the same time.

thermometerReduce the heat inside your Montgomery AL home:

  • Use a microwave oven, slow cooker, or barbecue grill rather than your oven.
  • Put lids on pans to hold the heat in while cooking.
  • Do "wet" chores (washing clothes or dishes, mopping floors, watering indoor plants, etc.) in the early morning or at night when it's cooler. This will help to keep humidity down.
  • Lower your shades and close your curtains to keep the sun out.
  • Seal windows and doors efficiently to keep the cold air inside and the hot air outside.
  •  Install efficient lighting that runs cooler. Only about 10%–15% of the electricity that incandescent lights consume results in light—the rest is turned into heat.

Lower energy usage:

  • Most hot water heaters have thermostats that may be set to 140 degrees for hot water. This usually isn't necessary--turn the thermostat down to 120 or 115.
  • Take a short shower, say about 5 minutes, and you'll only be using one third of the amount of hot water than you would with a bath.
  • Don't use the drying function in your dishwasher. Let the dishes air-dry.
  • Wash only full loads of dishes and clothes. Dry your clothes on hangars or outside your Montgomery AL home.
  • Turn off computers, printers, copiers, and home electronics when they are not in use. Surge protectors that allow you to plug several items into one strip with an on/off switch make this even easier.
  • Turn thermostats to78 degrees when at home; 85 degrees when away.
  • Use fans to circulate cool air.
  • Close any central air registers in empty and/or unused rooms.
  • Turn down the temperature of your water heater to the warm setting (120°F)
  • Keep lots of food in your refrigerator to keep it from warming up too fast when the door is open.

Now you have no excuse for not implementing at least a few tips for staying cool and saving money on your utility bills this summer.  For more helpful hints, visit MyTwoDollars, Energysavers.gov, and the Department of Energy.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

Add Comment

Montgomery AL Foreclosure Trends - May 2012

Friday, June 29, 2012
by The Hat Team

There were 807 Montgomery AL foreclosure homes for sale with 1 in every 756 housing units receiving a foreclosure filing in May 2012. The average selling price of a Montgomery AL home was $88,579 and the average foreclosure selling price was $68,562, a $20,018 savings according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.8% in May while the number of foreclosed homes rose from 101 to2501.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.02% lower than national statistics, 0.06% higher than Alabama and 0.01% higher than Montgomery County statistics for May 2012.

montgomery al foreclosure 

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties increased from 35 homes in April to 42 in May. The number of Auctions rose from 66 to 83. There is a 6-month rising trend.

montgomery al foreclosure

Are you or someone you know behind on 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. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

Add Comment

Midtown Montgomery Real Estate Market Trends - June 2012

Thursday, June 21, 2012
by The Hat Team

Everyone knows that the Montgomery real estate market has been rather daunting for the last several years. Ups and downs, reports of good news and bad news, short sales, foreclosures, declining inventory, increase in mortgage applications, buyer frustrations, and seller indecision—all have kept the real estate industry on a roller coaster for too long.  Hope springs eternal, however, and rays of optimism from several fronts may well signal better times ahead.

  • In a recent survey, more than three-quarters of homeowners (78 percent) said that owning a home is one of their greatest achievements, and 85 percent of U.S. adults (which includes both homeowners and renters) agreed that they always dreamed of owning a home.
  • Builder confidence in the market for newly built, single-family homes gained five points in May. This is the index’s strongest reading since May of 2007 and bodes well for Montgomery real estate.
  • The median existing single-family home price rose in 74 out of 146 metropolitan statistical areas (MSAs) based on closings in the first quarter from the same quarter in 2011.
  • In Fannie Mae’s Monthly National Housing Survey, the percentage of respondents who say it is a good time to sell increased from 10 percent for the fourth straight month to 15 percent

Lets look at the statistics in our local real estate market? 

Midtown Montgomery real estate sales statistics for May show the number of homes sold increased by 38% compared to May 2011. The average sales price decreased by 13% to $99,619 during the same period. The median sales prices increased by 5%, and market times increased by 22% or 28 days.  The highest selling home price decreased by 21%, and the lowest selling home price decreased by 54%.

Midtown Montgomery May 2012 May 2011
Homes Sold 56 35
Average Selling Price $ 99,619 $ 114,116
Median Selling Price $ 78,000 $ 74,000
Days On The Market 130 102
Highest Selling Price $ 380,000 $ 480,000 
Lowest Selling Price $ 5,800 $12,500


For the latest Midtown Montgomery 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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Time is Right to Invest in Montgomery AL Real Estate

Thursday, June 7, 2012
by The Hat Team

Simply stated, low home prices and low interest rates make this a great time to become an investor in Montgomery AL real estate.  "We haven't seen home prices this low in so many years, coupled with the rates being so low," says Jill Sjolin, an agent in Washington who specializes in investment properties. "When the money is cheap to borrow and the houses are cheap to buy, it's absolutely the best time to invest."

montgomery al real estateIt goes without saying, of course, that the first step in acquiring investment property is to analyze your finances to make sure you can afford it without compromising the security of your other assets.  Look closely at your income, savings, and spending habits. Check each of your three credit reports well before you start looking at Montgomery AL real estate or shopping for lenders. Consider tax implications, property taxes, and renovation costs. Online calculators can provide you with a guide to possible financial outcomes of the purchase and rental of an investment property.

The next step is to determine the goal for your purchase. Investment property can yield income two ways--through regular rents and/or capital gains. Most experts advise novices to invest for the long term rather than try for quick flips and to begin with residential Montgomery AL real estate rather than commercial properties.  Click here for more tips, including financing options, for first-time investors.

Once you have determined the how? and the why? of your investment transaction, you move on to the where?  Locating the right property is easier if you work with a real-estate agent experienced in investment property deals who can help you locate promising properties.  A second option is to collaborate with a more experienced real-estate investor and close a deal together. In this economy, an experienced real-estate investor may be willing to work with you in exchange for the capital you can provide, giving you the opportunity to glean investment knowledge and experience firsthand.

With foreclosures flooding the real estate market, many investors are hitting the auction circuit looking to capitalize on the next great deal. For those who are new to this venue, there are a few ‘rules of thumb’ you’ll want to keep in mind before placing your bid. PropertyAuctions.com provides detailed information, explanations, and some essential tips for those looking to get in on the auction action. 

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

Add Comment

Midtown Montgomery Real Estate Market Trends - April 2012

Thursday, May 31, 2012
by The Hat Team

Housing and the economic recovery will play a large part in deciding the outcome of the 2012 presidential election, according to public policy experts at this month's Legislative and Political Forum during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo. Former Republican National Committee Chairman Michael Steele, leading Democratic strategist Celinda Lake, and National Economic Council Director Gene Sperling provided their unique insights into issues affecting the long-term direction of the country.

"As the leading advocate for homeownership, the National Association of Realtors® is working closely with policymakers to ensure that mortgages are more readily available for qualified buyers and real estate investors," said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. "We believe efforts that help creditworthy homebuyers obtain mortgage financing and allow more people to stay in their homes or avoid foreclosure through streamlined short sales are important for a housing and economic recovery."

Lets look at the statistics in our local real estate market? 

Midtown Montgomery real estate sales statistics for April show the number of homes sold decreased by 14% compared to April 2011. The average sales price increased by 19% to $159,152 during the same period. The median sales prices increased by 26%, and market times increased by 28% or 41 days.  The highest selling home price decreased by 6%, and the lowest selling home price decreased by 29%.

 

Midtown Montgomery April 2012 April 2011
Homes Sold 25 29
Average Selling Price $ 159,152 $ 129,495
Median Selling Price $ 135,000 $ 100,000
Days On The Market 146 105
Highest Selling Price $ 600,000 $ 649,000 
Lowest Selling Price $ 6,000 $8,500


Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

Add Comment

Montgomery Real Estate For Sale: 1935 Norman Bridge Ct

Saturday, May 26, 2012
by The Hat Team

Montgomery Real Estate For Sale:

1935 Norman Bridge Ct, Montgomery AL 36104
MLS# 293236

Affordability and Practicality!

1935 Norman Bridge Ct

Quiet Garden District cul-de-sac is just minutes from all the action at the Cloverdale dining and entertainment district, as well as Downtown! Spacious "L" shaped living/ dining room affords plenty of space for variety of furniture arrangements, and good sized den/family room is perfect for casual living. OR, use LR/DR area as one large living space, and utilize the den/family room (just off kitchen) for a more formal private dining space. Once a third bedroom with access only from middle bedroom, this space has been converted to a large master bathroom with endless possibilities for dressing/storage areas. Chill on the brand new rear deck, and enjoy the peacefulness of this tucked away yet conveniently accessible location. And, with Historic designation, your value will be protected from neighbors doing terrible things to adjacent properties. Affordability and practicality!

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

Add Comment

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