Real Estate Information Archive

Unfortunately, selling your Montgomery AL home in the current real estate market can be both difficult and frustrating.  As much value as you may feel your home has, the current conditions might say differently. In this buyer’s market, accurate pricing of your home is imperative in getting your property sold quickly and for the best price possible. While this might sound simple enough, correctly pricing your property is far from easy and is a decision which requires time and effort on your part.  The following tips should help make the pricing process a smooth and beneficial one for you.

1. Do your research: It’s important to know http://www.montgomeryhomeinfo.com/what other homes in your area are selling for right now in order to get an idea of a price point for your own property, but you shouldn’t rely on that alone. An Automated Valuation Model, better known as an AVM, is a web-based technology that immediately generates home values based on data analysis of recent area comparable sales, tax assessments and price trends.
2. Find the right Realtor: Hiring the listing agent who quotes you the highest price isn’t always wise.  Interview at least 3 Realtors familiar with the area around your Montgomery AL home and choose the agent who supports a suggested price with comparative market data. It is the job of your Realtor to know the current market and market trends inside and out, to be closely connected to the real estate market at large, and to be aware of other properties currently for sale in your particular neighborhood..
3. Cast emotions aside:   It’s important to remain as realistic and objective as possible when pricing your property. Although your home will most likely be invaluable to you, focus on the statistics from your research and on the advice given to you by your real estate agent for a satisfactory sale.
4. Avoid overpricing at the outset.  Because your property has the best chance of selling within its first seven weeks on the market, the longer it stays on the market, the less it will ultimately sell for.  In addition, you will lose out on savvy potential buyers who won’t even come by to look, and fewer knowledgeable Realtors will preview your Montgomery AL home.  Lowering your price later will only result in delays and suspicions that something is wrong with the property.

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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.

2012 is off to an encouraging start. Mortgage rates have remained under 4% for nearly two months. Home sales are strengthening and pending home sales, a measure to gauge future sales, are at their highest levels since March 2010.

Job growth increased during most of 2011, with unemployment dropping to 8.4%. As more people are getting jobs, consumer confidence has also been increasing.  However, underemployment with a rate of 18.1% continues to be a problem for a stronger recovery. There are still a significant number of people working part time, who would like to have full-time work.

Even with substantial national improvements, the recovery is spotty. Payroll jobs were up in 25 states, but down in 24, demonstrating the delicate state of the U.S. economy. Global factors such as the European debt crisis are also complicating a more robust recovery. 

What does the recovery look like in our local real estate market? Take a look at January figures.

Midtown Montgomery real estate sales statistics for January show the average sales price decreased by 3% to $141,407 when compared to January 2011.  The number of homes sold increased by 39% in January 2012.  The median sales prices increased by 1%, and market times decreased by 11% or 18 days.  The highest selling home price increased by 38%, and the lowest selling home price decreased by 31%.

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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.

There were 873 Montgomery AL foreclosure homes for sale with 1 in every 1,675 housing units receiving a foreclosure filing in December 2011. The average selling price of a Montgomery AL home was $108,647 and the average foreclosure selling price was $72,743, a $35,905 savings, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.96% in December while the number of foreclosed homes dropped from 122 to 58.

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 0.10% lower than national statistics, 0.01% higher than Alabama and the same as Montgomery County statistics for the month of December.

If you are one of the millions of Americans whose home has lost value in recent years, despair not.  Whether you’re trying to spiff up your Montgomery AL real estate for resale, to raise its appraisal, or just to keep current with updating and maintaining what you currently have, there are many relatively easy and budget-worthy steps you can take.   Some of these minor projects designed to increase value are quick fixes while others may require a weekend’s worth of work, but all will certainly revive the look of your property.

Exterior improvements:

• Keep shrubs and trees neatly pruned.  Plant new trees for energy savings and aesthetic value.
• Add low-voltage lighting for pathways
• Pay attention to the front door of your Montgomery AL real estate.  Does it need new weather stripping?  A fresh coat of paint? Updated (or at least polished) hardware—knockers, knobs, hinges, and light fixtures?
• Spend $10 to test your lawn for needed nutrients.
• Attend to the garage door.  Use a mixture of one part bleach to three parts water and a soft-bristled brush to give it a thorough cleaning.  Still dirty or stained?  Rent a power washer for about $60.
• Check for faded or peeling paint.  Sand and apply a fresh coat.

Interior improvements:

• If you can’t replace the water heater in your Montgomery AL real estate with a tankless model, wrap the one you have in fireproof insulation.
• Install modern light switches and outlets throughout your home.  Add dimmer switches.
• Insulate windows.  (Easy-to-follow instructions.)
• In bathrooms replace dated towel racks, light fixtures, sinks, toilet seats, and hardware.  Purchase a low flow toilet.  Re-grout where needed.  Display matching towels.  If the floor is in poor shape, consider putting easy-to-install vinyl tiles right over the old one.
• Add crown moldings, wood trim, and/or cornices to give room a look of quality.
• Update your kitchen inexpensively by replacing fixtures, faucets, and hardware.  Consider pendant lighting.  Refinish cabinets rather than replacing them.
• Clean and organize all closets.  

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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.

Montgomery Real Estate For Sale: 3209 Audubon Drive Montgomery, AL 36106

MLS#289749

Flip this house! 3 bedrooms and 2 bath fixer in need of new lease on life. Similar size home a few doors down sold for $122k in last year! Sold as is! Lowest price in Cloverdale/Idlewild on lower Park. Not for the faint of heart, but great money making potential for right buyer! And, if you want a project with loads of potential value, in walking distance to parks and Cloverdale hot spots, call us or your favorite agent to see what this old house has to offer.

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.

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

Yes, it’s once again that time of year when we examine our life and vow to make positive changes by losing weight, becoming more active, quitting smoking or drinking, managing debt, etc.  But did you know that numerous recent polls indicate that a full 50% of Montgomery AL real estate owners resolve to spend less time working and more time enjoying family and friends and that 87% say that the stress of trying to balance their work and life schedules is adversely affecting their health? 

While we all need a certain amount of stress to spur us on and help us perform at our best, the key to managing stress lies in that one word: balance. Achieving a healthy work/life balance an attainable goal, but in order to do so you must make changes in your life.  Following are a few tips to ensure success:

Leave your work at work:  Use your commuting time to transition from work to home.  Rather than think about problems at work, shift gears and concentrate on your family responsibilities or enjoyable activities which await you at your Montgomery AL real estate. You can also use commuting time to unwind by listening to music or a book.  Change your clothes when you arrive home to strengthen the notion of being away from work.  Resist the urge to check any and all electronic devices for work related messages.

Inquire about flextime or telecommuting:  It just may be that your boss will recognize that you can do your work at different times or from different places.

Learn to say “NO” on occasion:  Be it for work or for home, you don’t always have to be the one to “step up to the plate” and volunteer for yet another responsibility.

Make time in your schedule for physical activity and fun:  Every Montgomery AL real estate owner knows that keeping fit by exercising and eating healthy foods is a remedy for stress and/or depression, but too many of us don’t make a concentrated effort to write in our calendars—in  ink—specific visits to the gym.  Consider, too, the benefits of taking up a new hobby, such as cooking, scrapbooking, or archery, that you can enjoy individually or with family or friends. 

If you have already tried most of the above recommendations but have still not succeeded in balancing the roles in your life, you might ponder this thought by author Jon Gordon and read his new book:  “Personally, I have never been able to balance the scales of work and life on a day-to-day basis. Rather, I’ve come to realize that the dance between work and life is more about rhythm than balance.

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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.

There were 859 Montgomery AL foreclosure homes for sale with 1 in every 796 housing units receiving a foreclosure filing in November 2011. The average selling price of a Montgomery AL home was $102,519 and the average foreclosure selling price was $76,367, a $26,152 savings, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.99% in November while the number of foreclosed homes remained the same at 22.

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, 0.06% higher than Alabama and 0.01% higher than Montgomery County statistics for the month of November.

Yes, we’ve reached the end of what has been a difficult year for so many, and yet we’ll celebrate the coming of 2012—and a fresh start-- with glittery hats, silly horns, champagne (or beer), and kisses at midnight.  We’ll reflect on the old year and make resolutions for the new one.  Forecasters of the future will capture our imaginations as we wonder what is to come in terms of scientific discoveries, political unrest, wars, health issues, and the economy.  So many questions—and so many possibilities…it’s enough to wear one out.  So sit back in the den of your Montgomery AL real estate, relax, and ponder these points.

• Did you know that celebrating the New Year is a tradition that dates back nearly 4000 years? Or that Julius Caesar was the first person to designate January 1^st as the start of the new year?
• Did you know that the symbol of Baby New Year dates back to ancient Greece? The Greeks marked the rebirth of their god of fertility by parading a baby around in a basket.
• 40 to 45 percent of American adults make one or more resolutions which include weight loss, exercise, quitting smoking, and money management. By the second week of January, 25 percent of people have abandoned their goals, however.
• Certain foods play an important role in the kitchens of Montgomery AL  real estate on New Year’s Day.  Circular foods such as donuts and cakes represent good fortune, while legumes, especially black-eyed peas and lentils, promise good luck and wealth.  Cabbage and other greens whose leaves resemble folded money are also popular, as is ham, which symbolizes progress and prosperity. 
• As with many other holidays, numerous superstitions and traditional practices are connected with the onset of the new year.  It is thought that the first visitors to your Montgomery AL  real estate will bring you good or bad luck, depending on who you keep as friends and enemies, and in Italy people wear red underwear on New Year's Day as a symbol of good luck for the upcoming year.
• And as for the future of Montgomery AL  real estate?  Opinions vary from the cautiously optimistic to those far less rosy, with many financial gurus still sitting on the fence.  Oh, for a crystal ball!

As you reflect on the past year, do remember the good things that have occurred in your life and in the world and resolve to greet 2012 with a positive attitude and a sense of anticipation.

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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

Ready to update the kitchen in your Montgomery AL home? Whether the renovation is for the purpose of increasing resale value or for your own personal use and enjoyment, it never hurts to know what the building industry sees as sustainable, in-demand, cost-effective, and efficient improvements for one of the most important rooms in your Montgomery AL home. As American lifestyles change, so do the needs and desires of your family members and/or potential buyers, especially in the areas of appliances, flooring, lighting, counter tops and backsplashes, cabinetry, energy efficiency, and color.

• Basic design:

An energy-efficient and functional design is extremely popular right now. Function, maintenance, and appearance should be combined to provide a streamlined look, adequate storage, easy accessibility, maximum dining, prep space, and a welcoming appearance. More and more homeowners are opting for removal of walls to make the kitchen more open and family-friendly

• Flooring:

Hardwood floors are still desirable, as are those made of renewable bamboo and cork. Stone and porcelain tiles are also in demand because of their longevity, easy maintenance, and the availability of a wide variety of shapes and designs. Some tiles even look like wood and come in plank configurations.

• Cabinetry:

Practical and attractive are the order of the day for this feature. Cabinets are available in recycled materials and exotic woods, and darker woods are in demand. Mixing materials, such as glass and wood or two different types of wood or wood stains, has become popular in remodeled or brand new kitchens. Desired cabinetry features include many drawers, swing-out shelves, pull outs (for dishes, pots and pans, and bake ware, e.g.) and drawer organizers.

• Countertops:

Granite is still the most popular material, but engineered surfaces are often used instead. Many kitchens of today feature island/peninsula combinations or dual or tiered islands to allow more than adequate space for food preparation, storage, and family dining.

• Backsplashes:

No longer simply a feature to protect the kitchen walls in your Montgomery AL real estate, homeowners are now using this area to add color and decoration. Glass tiles in a wide array of hues, especially those made from recycled glass, are predominant this year and allow you easy maintenance and a way to express your own style.

• Appliances:

The integration of appliances into the cabinetry is big for 201, and, of course, all appliances must be energy-efficient! Stainless steel remains the preferred finish.

• Lighting:

LED lights are the choice of the safety and energy conscious owner of Montgomery AL real estate. Layers of light, including ceiling, under-the-counter, and ambient lighting, are being combined to illuminate kitchens. Pendant lighting is increasingly popular.

• Wall treatments

Wallpaper is back! Often paintable and washable, wall paper can be metallic, hand-painted, tone on tone, patterned, and textured and is now being used to decorate entire rooms rather than just an accent wall. Paint colors? Try out the deep colors of dark grey, grape, navy, or forest green.

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.

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