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Midtown Montgomery Real Estate Sales Statistics - Oct 2010

by The Hat Team

Nearly eight out of 10 Americans believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual report released by the National Association of Realtors®.

The survey, which measures how affordable housing issues affect consumers, also found job security concerns to be the highest in eight years of sampling, with 70 percent of Americans saying that job layoffs and unemployment are a big problem in their area; eight in 10 cite these issues as a barrier to homeownership.

Despite economic uncertainty, 68 percent of those surveyed still believe now is a good time to buy a home; while that number is down from last year (75 percent), it’s up from 2008 (66 percent) and 2007 (59 percent). Lower home prices and record-low mortgage interest rates may be attracting buyers to the housing market – more than one-fourth of renters said they are thinking more about buying a home than they were a year ago. Sixty-three percent of renter respondents said that owning a home is a priority in their future, and nearly 40 percent said it was one of their highest priorities.

Lower home prices have improved affordability. Let’s take a look at October home sales and see how improved affordability is affecting our local housing market.

Midtown Montgomery real estate sales statistics for October show the average sales price decreased by 18% to $106,826 while the number of homes sold decreased by 24% from 2009.  Median sales prices dropped 43% and market times increased 14% or 7 days in 2010.

Midtown
Montgomery

October
2010
October
2009
Homes Sold
25 33
Average Selling Price $106,826 $130,053
Median Selling Price $65,000 $114,750
Days On The Market 108 93
Units On the Market 3,178 3,178

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.

Celebrating a Montgomery Thanksgiving

by The Hat Team

Ode to Thanksgiving

thanksgivingTo our national birds
The American Eagle
The Thanksgiving Turkey
May one give us peace in all our states
And the other a piece for all our plates

What did the Pilgrims eat on Thanksgiving

It is commonly believed that the first actual celebration of the harvest and blessings from God took place in Plymouth in 1621. The festivities lasted three days and included feasting, entertainment, and competitions. For more about the holiday’s history!

Who Doesn’t Love a Parade?

The first annual Macy's Thanksgiving Day Parade took place in 1924. That first year, it was known as the Macy's Christmas Parade. It was created to launch the holiday shopping season. Today, the parade is attended by an estimated three million people each year. Approximately 44 million people around the country watch the parade on television.

Other large parades which commemorate the holiday are the IKEA Thanksgiving Parade in Philly, McDonald’s Thanksgiving Parade in Chicago, and the UBS Parade Spectacular in Stamford.

Find holiday-themed wallpaper or screensavers here!

Want some holiday music to enhance your gathering? Get free, fast downloads of 30+ songs.

If you want to turn your life around, try thankfulness.”  …. Gerald Good

Thanksgiving Around the World

Thanksgiving is essentially a harvest related festival. It celebrates communal harmony.

Canada celebrates Thanksgiving on the second Monday in the month of October.

India also has a number of harvest related festivals in different regions.

Other Thanksgiving traditions around the world.

Money-saving tips for Thanksgiving--something we would all be thankful for!

1. Have a BYOD (bring your own dish) celebration. Asking your guests to contribute to the meal is a great way to save on expenses--and on your own cooking time.

2. Keep it simple. Cut down on the number of side dishes you have. A festive table doesn’t have to be extravagant.

pumpkins3. Serve boxed wine or large bottles of soda. Cans and individual bottles are far more expensive.

4. Use natural items for decorations--leaves, fruit, squash, gourds, pumpkins, and dried flowers from your garden. A large candle and colorful fruit make a lovely centerpiece. Visit a dollar store for inexpensive holiday items.

5. Check store ads for sales and coupons before you shop for Thanksgiving Day goodies.

6. If time and your schedule allow, bake it yourself. Baking all your pies at one time will also save energy costs.

7. Plan ahead for using the leftovers. In addition to the tradition soup and sandwiches, think about turkey chili, tacos, frittatas, enchiladas, salads, and even paella.  Note: price per pound of a turkey decreases with weight. The bigger the bird, the less the cost--and the more for leftovers!

8. Volunteer. Soup kitchens, church outreach programs, and ‘Meals On Wheels’ can certainly use help, so skip the shopping, share your time with others, and let your family members see how fortunate they really are.”

“If the only prayer you said in your whole life was, “Thank you,” that would suffice.”         Meister Eckhart

Interesting facts:

More than 40 million green bean casseroles are consumed each Thanksgiving!

Tofurkey, a soy-and-wheat based turkey alternative, was created by Sam Tibbot in 1995 and continues to be a popular choice among vegetarians.

And speaking of vegetarians…there are lots of websites with fabulous vegetarian recipes and ideas for veggie stuffing, gravy, sides, and all foods Thanksgiving. Prefer organic? How about diabetic recipes for appetizers, sides, breads, and desserts?

Here’s a complete holiday planning guide. Menu ideas. Everything you wanted to know about turkey.

Videos on choosing, thawing, stuffing, roasting and carving the bird. Wines ideal for thanksgiving dinner. Don’t forget dessert!

Tired of the same old, same old? Here are alternatives to turkey.

Thawing, cooking, and serving the bird:

To calculate the amount of food you’ll need, follow this guide.

  • turkeyWhole turkey--1 lb. per person
  • Bone-in turkey breast--¾ lb. per person
  • Boneless turkey breast--½ lb. person

Time required for thawing the bird: for each 4 ½ lbs. of frozen turkey, allow 24 hours of thaw time in the refrigerator. Once fully thawed, the turkey may be refrigerated for 1-2 days.

Quick" thawing method: Place turkey in its original wrapping in sink and cover with COLD water. Change the water every 1/2 hour to maintain the temperature. Allow 1/2 hour per pound to defrost the turkey. Most turkeys will take from 5 to 10 hours to thaw.

Share Thanksgiving greetings with friends via email or send a mobile greeting free of charge.

Don’t forget the kids!

There are so many Thanksgiving activities for the younger set to take part in, especially while they’re waiting for the turkey to cook.

Make memories with these turkeys made from tracings of your child's hands and feet.

Use fresh and dried leaves for art projects like the creative ones at Squigly's Playhouse.

Make a simple banner using coffee filters and printed letters looks more complicated than it is. Children will love folding the filters to look like turkey tails.

 

This Thanksgiving Feast is a fun arcade-style food game for kids to learn about nutrition.

Celebrate the Thanksgiving with holiday coloring pages.

Create your own log cabin on paper using Popsicle sticks.

Think you are smarter than a TURKEY? Go on a turkey hunt and find out!

Get games and puzzles that are too numerous to count and just plain fun!

Everyone will love the Thanksgiving word scramble, a fun word search and the color and print eye chart.

Holiday Humor for the young--and young at heart

  • Can a turkey jump higher than the Empire State Building?
     Answer:  Yes - a building can't jump at all

  • Which side of the turkey has the most feathers?
    Answer:  The outside

  • Why do Pilgrims have trouble keeping their pants up?
    Answer: Cause they wear their belts on their hats!

  • What is the Turkey's favorite black tie celebration?
    Answer:  The Butter Ball

  • Want more?

Thanksgiving Traditions

Here you can download Over The River and Through the Woods.

Nothing says Thanksgiving more than traditional football rivalries.

Holiday Travel

If your ‘over the river and through the woods’ trip is not taking you to Grandma’s, you might want to visit Road Trip America to help plan.

Traveling with kids? Here are tips to help entertain them.

So there you have it--facts, tips, humor, recipes, quotes, and websites to guide you to everything you have ever wanted to know about Thanksgiving.

May your Thanksgiving be an enjoyable celebration shared with friends and family, and one filled with gratitude for all your blessings!

Have a wonderful Thanksgiving!

Montgomery Foreclosure Trends - September 2010

by The Hat Team

There were 1,198 Montgomery foreclosure homes for sale with 77 new foreclosures in September 2010. The average selling price of a Montgomery home was $160,116 and the average foreclosure selling price was $77,987, a $82,129 savings, according to RealtyTrac.com.

Montgomery Foreclosure Activity and Home Price Index

Home price appreciation remained was 0.0% in Sept while the number of new Montgomery foreclosure homes increased to 77.

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 was 0.20% lower than national statistics and the same as Alabama statistics for the month of Sept.

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned properties increased from 72 homes in August to 62 in Sept. The number of Auctions decreased from 37 to 15. The 6-month trend reflects a fall in Montgomery foreclosures.

montgomery 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.

Montgomery AL Real Estate Sales Statistics - September 2010

by The Hat Team

Despite economic uncertainty, 68 percent of those surveyed in the 2010 National Housing Pulse Survey, conducted by the National Association of Realtors, still believe now is a good time to buy a home; while that number is down from last year (75 percent), it’s up from 2008 (66 percent) and 2007 (59 percent). Lower home prices and record-low mortgage interest rates are attracting buyers to the housing market – more than one-fourth of renters said they are thinking more about buying a home than they were a year ago. Sixty-three percent of renter respondents said that owning a home is a priority in their future, and nearly 40 percent said it was one of their highest priorities.

Americans are seeing more stability in the real estate market. Nearly seven out of 10 believe that home values have stabilized in their area; the same number expects home sales to remain about the same through the end of the year. 

While nearly seven out of 10 say it’s harder to sell a home in their area today than it was a year ago, it’s less of a concern from last year when the number was 10 percentage points higher. This is most likely the result of lower home inventories.

Take a look at how the Montgomery AL real estate market fared in September.

Montgomery AL real estate sales statistics for September show pending sales have increased by 3% in 2010 compared to September 2009. The average sales price increased by 44% to $154,568 while sold listings were down by 42% from 2009.  Market times increased in 2010 by 68 days.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

Sept 2010

36

19

147

$154,568

Sept 2009

35

33

79

$86,117

For the latest Montgomery AL 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.

Montgomery Real Estate For Sale: 2015 Yancey Avenue Montgomery, Al 36107

MLS #279105

Early century home with old world charm and new world amenities. If you love old houses, you will go gaga over this one. Foyer with grand staircase, large rooms and hardwood floors, full bath, and a great big kitchen occupy the first floor. Upstairs you three big bedrooms, full bath with dressing area, and a bonus room that could be used as a study, computer room, kids playroom, nursery, or great big walk-in closet. Big back yard is fully fenced and has a large concrete pad at the rear (was a 2 car garage at one time but has long since been taken down). There is also a basement! All this, and under $100,000, so what are you waiting for? 

Learn more about 2015 Yancey Avenue and other Montgomery Real Estate by visiting HatTeam.com

Search all Montgomery Real Estate and homes for sale.

 

Montgomery Real Estate For Sale: 3130 Sutton Drive Montgomery, AL 36111

MLS #279003

Looking to downsize into maintenance free living without giving up your formal spaces? Look no further. This garden home has just had a facelift and is ready to move into. The formal dining room will meet your "special occasion" dining, while the spacious and sunny breakfast room will be enjoyed for more casual meals. Big living room with fireplace hill hold all those "heirlooms" and the 3rd bedroom was converted to a cozy den with built in entertainment center. Spacious master bedroom feels grand with soaring vaulted ceiling. Enjoy these cool nights on your covered rear patio...and never worry about getting wet from the rain, because the covered parking is connected to the house! Down payment assistance available on this one. Because Federal funds were used in the rehab, income limits apply. Call us today for more details.

Learn more about 3130 Sutton Drive and other Montgomery Real Estate by visiting HatTeam.com. 

Search all Montgomery Real Estate and homes for sale.

 

Montgomery Real Estate For Sale: 1742 Champion Street Montgomery, AL 36110

MLS#278505

LIKE NEW! This quaint Highland Gardens cottage has been totally renovated and is like-new. Upgrades include new carpet, fresh paint, ceramic tile floor in kitchen, upgraded bathroom, and new central heating and cooling. Large fenced back yard with workshop is perfectly pet friendly. You can't buy a new house for $50,000, but this is as close as you will come.

Learn more about 1742 Champion Street and other Montgomery Real Estate by visiting HatTeam.com.

Search all Montgomery Real Estate and homes for sale.

 

 

Montgomery Real Estate For Sale: 2731 Garden Brook Court Montgomery, Al 36116

If you are looking for a low maintenance move in ready property under $100,000, look no further. This like new garden home has been spiffed up and is ready to go. Open floor plan makes the space seem much larger than it looks! Quiet community tucked away from the rest of the world.

Learn more about 2731 Garden Brook Court and other Montgomery Real Estate by visiting HatTeam.com.

Search all Montgomery Real Estate and homes for sale.

 

Montgomery AL Real Estate Sales Statistics - August 2010

by The Hat Team

Home sales will remain soft in the months ahead, but improved affordability conditions should help with a recovery, according to the National Association of Realtors. The recovery looks to be a long process with job numbers being lower than expected in the last couple of months. However, affordability could reach a generational high in the second half of this year because of rock-bottom mortgage interest rates. The loan underwriting standards are tighter, but home buyers can improve their chances of getting a loan by staying well within their budget.

Take a look at how the Montgomery AL real estate market fared in August.

Montgomery AL real estate sales statistics for August show pending sales have decreased by 48% in 2010 compared to August 2009. The average sales price decreased by 2% to $134,119 while sold listings were down by 36% from 2009.  Market times decreased in 2010 by 4 days.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

Aug 2010

33

27

104

$134,119

Aug 2009

64

42

108

$136,850

For the latest Montgomery AL 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.

Montgomery AL Real Estate Sales Statistics - July 2010

by The Hat Team

Pending home sales in June edged lower in contrast to the spring surge when buyers rushed to take advantage of the home buyer tax credit, according to the National Association of Realtors®.

The Pending Home Sales Index declined 2.6 percent to 75.7 based on contracts signed in June. Down from 77.7 in May, and is 18.6 percent below June 2009 when it was 93.0. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Lawrence Yun, NAR chief economist, said lower home sales are expected in the short term. “Over the short term, inventory will look high relative to home sales. However, since home prices have come down to fundamentally justifiable levels, there isn’t likely to be any meaningful change to national home values. Some local markets continue to show strengthening prices.”

Let’s take a look at the Montgomery AL real estate market for July.

Montgomery AL real estate sales statistics for July show pending sales have decreased by 5% in 2010 compared to July 2009. The average sales price increased by 3% to $134,969 while sold listings were down by 18% from 2009.  Market times increased in 2010 by 39 days.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

July 2010

38

23

128

$134,969

July 2009

40

28

89

$131,554

For the latest Montgomery AL 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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