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Montgomery Real Estate Blog

The Hat Team

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Displaying blog entries 1141-1150 of 1998

Fabulous Value In the Garden District!

by The Hat Team

Fabulous Value In the Garden District!

436 Burton Ave, Montgomery AL 36104
MLS# 306778

436 burtona ave

Fabulous value on family-size home! Move up and spread out in this good-sized bungalow with space for everyone in your family and all the stuff you've accumulated! Needs lipstick and rouge but this lady is otherwise ready for occupancy with relatively new central heat and air and a great floor plan. Walk to shopping, Alabama State and bus line just down at the corner.

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.

Midtown Montgomery Year End Real Estate Market Report 2013

by The Hat Team

Fannie Mae and Freddie Mac were scheduled to increase the fees they charge lenders for guaranteeing mortgages this year. The fees often trickle down to borrowers and result in higher mortgage rates. In his first policy decision as the new Federal Housing Finance Agency director, Mel Watt, signaled that maintaining borrowers' access to mortgage credit is a high priority by putting a stop to the increased fees. Watt has called for further study of the potential impact increased fees will have on borrowers.

"The implications for mortgage credit availability and how these changes might interact with the new ... mortgage standards could be significant," Watt said. "I want to fully understand these implications before deciding whether to move forward with any adjustments."

This reversal is good news for 2014 home buyers. As interest rates and home prices inch up, an increase in lender fees could put a damper on the housing rebound. Interested how much loan you qualify for. Click here for a confidential loan analysis.

Take a look at sales figures in Midtown Montgomery for 2013.

Midtown Montgomery real estate sales statistics for this year, 2013, show the number of homes sold increased by 7% when compared to last year, 2012. The average sales price increased by 4% to $ 127,763 for the year. The median sales prices decreased by 4%, and market times increased by 8 days from 2012.  The highest selling home price decreased by 4%, and the lowest selling home price decreased by 837% from 2012.

Midtown Montgomery  2013 2012
Homes Sold 399 371
Average Selling Price $ 127,763 $ 123,133
Median Selling Price $ 100,700 $ 105,000
Days On The Market 140 132
Highest Selling Price $ 750,000 $ 785,000
Lowest Selling Price $ 5,000 $ 30,000

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.

Escape Apartment Living in Montgomery AL

by The Hat Team

Montgomery AL Home For Sale:

2702 Green Oaks Dr, Montgomery AL 36107
MLS# 306461

Escape Apartment Living!


2702 Green Oaks Dr

Escape Apartment Living! If you've had it with noise and uproar at your apartment complex, move up to this nifty 50's house that will provide you the peace and quiet you crave. The skinny little brick and retro grey bathroom will appeal to your design sense and you'll love working in the U-shaped kitchen. Plus a living room and separate den can confine kids' mess if you desire. Durable hardwood floors under all the carpet, too, so call you agent now!

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.

Montgomery AL Home For Sale: 2719 Boykin Pl

by The Hat Team

Montgomery AL Home For Sale:

2719 Boykin Pl, Montgomery AL 36117
MLS# 306546

Perfect For Entertaining!

2719 boykin pl
One of Lowder's best floor plans ever! High ceilings and great layout make this the perfect house for entertaining as well as living. Formal living and dining rooms flow into open kitchen and breakfast room, with great den/family room off kitchen area with fireplace! Split plan means adults have privacy from kids, and the 4th bedroom makes a PERFECT home office/study! Attached two car garage means never having to endure the "elements" when leaving or coming home. Fenced backyard is large enough for any size pet and affords lots of "play" room. Location is smack in the middle of Montgomery, and So convenient to shopping, dining, and schools.

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.

Montgomery AL Real Estate: 104 N Capitol Pkwy

by The Hat Team

Montgomery AL Real Estate:

104 N Capitol Pkwy, Montgomery AL 36107
MLS# 306519

Charming Historic Bungalow!

104 n capitol pkwy

Wow! Check this out! Only $45,000 and you get a charming Capitol Heights historic bungalow with a wonderful side porch. It has all the details that you will fall in love with and great neighbors that love old houses too. Bring your paint brush and make it yours! Call us or your favorite agent to see today.

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.

What Can You Expect?

by The Hat Team

The two most frequently quoted constants in life are death and taxes.  Two more things would-be homeowners can expect in the near future are increases in mortgage rates and housing prices.

money ballInterest rates have been kept artificially low for several years by the Federal Reserve in an effort to strengthen the economy. Policy is shifting to allow them to seek their own natural level and that will surely result in higher mortgage rates.  Rates on 30 year fixed mortgages are up over 1% from January, 2013.

Foreclosure activity is down, new home starts are up and prices have been increasing in most markets for two years.  Most experts agree that the cost of housing is going up.

If the price were to go up by 2% and the mortgage rate by 1% while a buyer is “sitting on the fence” making a decision, the payment would go up by almost $175.00 each and every month for the term of the mortgage.  Even if a person can afford to make the higher payments, what could they have done with that extra $175.00 a month?  Buy furniture?  Car payment?  Principal reduction?  Retirement contribution?  Save for a rainy day?

Click here to determine what the cost of waiting to buy will be using your price home.

cost of waiting to buy.png


















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.

3rd Quarter Alabama Real Estate On the Upswing

by The Hat Team

I think 2014 is going to be a fabulous year for Alabama real estate. As a matter of fact,  I think  we’re  going  to  have  a  better  year  than  some  people  are  even  projecting.  Frank  Nothaft,  the  chief  economist at Freddie Mac put  it this way: We expect single family home sales and housing starts to be at the highest level since 2007, the highest level in seven years. 2012 and 2013 were pretty good years, but 2014 will blow those numbers away.

Let's look at what the Alabama real estate did in the 3rd Quarter of 2013.

Pricing

The FHFA 3rd Quarter Report broke down the numbers by sections of the country with the East South Central region showing a 4.89% increase in prices.


The same 3rd Quarter Report shows Alabama home prices increased 5%.

pricing

Days On Market

The average days on the market for an Alabama home was 86 days.

days on market


Months Of Inventory

Nationwide, the housing inventory is coming back to normal.

real estate

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.

 

 

 

 

 

What Kind of Showing Was It?

by The Hat Team

showingsOne of the most frequent calls from homeowners to their agents is about the listing’s inactivity due to the lack of showings.  The homeowner commonly believes that the home is shown only when a buyer walks through the house with an agent.

Today’s buyers are more sophisticated than in the past due to the abundance of information available to the public on the Internet.  There are seemingly inexhaustible sites with homes for sale, valuation estimates and virtual tours.  There are extensive mapping sites with satellite images, traffic conditions, entertainment, shopping and other points of interest.

There are actually three legitimate types of property showings.  A knowledgeable buyer can view a home for sale online and make a reasonable determination of whether the home will fit their needs.  Occasionally, buyers will drive by a home to get a feel for the home and also the neighborhood which might cause them to eliminate any further examination or consideration.

The third type, the physical showing, certainly gives the buyer the opportunity for the closest scrutiny but is generally reserved for properties that have passed the inspections of at least one other type of showing.

Sellers should be aware of the different types of showings and that a sales agent’s job is to help the buyer find the right home.  The listing agent’s job is to market the home so that the right buyer finds it either through their own efforts or that of the buyer’s agent.

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.

Montgomery AL Home For Sale: 3411 Lebron Rd

by The Hat Team

Montgomery AL Home For Sale:

3411 Lebron Rd, Montgomery AL 36106
MLS# 306268

Charming and Affordable In South Cloverdale!

3411 lebron ave
If you like to restore cars, or need plenty of covered space for back yard projects, this may be the house for you! With a detached 2 gar garage PLUS a 3 car carport, these spaces can be utilized in many ways. Home has traditional feel with formal living and dining room combo for entertaining, and a cozy paneled den, open to the eat-in kitchen for everyday living. Hardwood floors are a plus for those with allergies. Come see this affordable "South Cloverdale" home today!

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.

Montgomery AL Real Estate: 2556 Jasmine Rd

by The Hat Team

Montgomery AL Real Estate:

2556 Jasmine Rd, Montgomery AL 36111

MLS# 306270

Live Like Hollywood Royalty!


Live like Hollywood royalty in this unique McGehee Estates property said to be a replica of a famous entertainer's Palm Springs home! Uniquely built around a central courtyard with glamorous swimming pool, all rooms enjoy gorgeous views of the heart of this home through newly installed French doors. Updates in the kitchen and total renovation/expansion of master bath give the feeling that this is a much newer home. Built for entertaining, the grand dining room will seat 12 comfortably, and the spacious living room will accommodate grand piano! Unique design allows for extreme privacy for owners. Retreat into the cozy den with fireplace, or onto the secluded rear terrace off the master bedroom. Current owner has invested much into upgrades and meticulous maintenance, so this dream home is ready to move into.

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.

Displaying blog entries 1141-1150 of 1998

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