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Displaying blog entries 1361-1370 of 1998

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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Montgomery Real Estate For Sale: 225 Stoney Point Titus, AL 36080

Tuesday, June 19, 2012
by The Hat Team

Montgomery Real Estate For Sale: 

225 Stoney Point Titus, AL 36080

MLS#293768

What you see is exactly what you'll get! All of the designer furniture, amenities and appliances are included. This picture perfect house sits on 1.82 acres of private woods and professionally landscaped yard complete with a sprinkler system and a well. The living space is all open and there's plenty of room for all of your family and friends to hang out. Walk out on the huge screen porch that has a spectacular view of big water. There are double docks and the one on the point is where you can tie up your boat. Walk right in and begin your life on the lake as soon as you get the key!

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.

 

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Deconstruction - A Green Alternative For Montgomery AL Real Estate

Friday, June 15, 2012
by The Hat Team

Deconstruction, the careful removal of building materials for reuse, has for the past ten years been gaining popularity as an alternative to demolition.  Spurred by environmental, aesthetic, and economic concerns, it is an idea whose time has come within the home building and remodeling business.

The preservationist's answer to bulldozing a building and dumping the splintered remains into a landfill, deconstruction involves going room by room, handpicking features to be salvaged: millwork, crown moldings, leaded windows, still-sound kitchen cabinets, crystal chandeliers, and hardwood floors.  Items typically salvaged also include bricks, camontgomery al real estatebinets, windows, lighting fixtures, and countertops.

The eco-friendly construction and renovation business is growing in popularity not only among do-it-yourself consumers but also in the building and construction sector with contractors and architects. When it first emerged, green building was popular almost exclusively among environmentalists. But now those who want to save substantial dollars on building materials have joined those wanting to reverse the “throw away” trend.

The obvious advantages to such a program are the recycling of valuable resources and the decreasing impact on already over-burdened landfills.  Other positive impacts are the economic savings to the re-modelers of Montgomery AL real estate, the ease in procuring municipal permits, governmental training for deconstruction workers, and the cooperative efforts of contractors, suppliers, and homeowners.

Deconstruction stores are rapidly gaining popularity, with over 750 nationwide to date.  The inventory of these retail outlets consists of a large variety of items donated by those who are in the process of remodeling their Montgomery AL real estate and surplus materials from distributors and/or manufacturers.

 Purchasers of used items generally save one third of the cost, and buyers of new merchandise can save up to one half of the retail price.  Other economic incentives for those who donate materials include not having to pay disposal costs (pick up of the items if free) and frequently a tax deduction if the store is charity-based.

Popular stores involved in the deconstruction movement are Habitat for Humanity's Re-store, Build It Green, Green Demolitions, ReNew Salvage, and EcoBuilding Bargains.  Check with your contractors to find others near to your Montgomery AL 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.

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Montgomery Real Estate For Sale: 1439 Adrian Lane Montgomery, AL 36111

Saturday, June 9, 2012
by The Hat Team

Montgomery Real Estate For Sale: 1439 Adrian Lane Montgomery, AL 36111

MLS#286954

Pretty hardwood entry opens to beautiful living room. Formal dining room has fantastic views out double doors to patio and pool. The cook will love the spacious kitchen with and abundance of cabinet and counter space plus tiled floors. There is carpet over hardwood in living areas and bedrooms. Shows beautifully and immaculately maintained!

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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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.

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Montgomery Real Estate For Sale: 2617 Chesterfield Court Montgomery, AL 36117

Tuesday, June 5, 2012
by The Hat Team

Montgomery Real Estate For Sale: 

2617 Chesterfield Court Montgomery, AL 36117

MLS#292413

This one owner for past 17 years has enjoyed high ceilings and open floor plan which makes this home feel much larger than it's economically to heat and cool 1563 sq. ft. You will enjoy the split bedroom layout along with separate laundry room with cabinets, storage and double attached garage. Current owners have added a modern tile surround to wood burning fireplace and brand new carpet for your enjoyment. New dishwasher, some bath fixtures have been updated as well as hvac, roof, neutral paint and light fixtures. You will have little to do but move yourself and belongings into this wonderful clean updated well maintained home which also features a community pool for your summer fun. Give us or your favorite agent a call to see this private Cul-de-sac home today!

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.

 

 

 

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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.

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Montgomery Real Estate For Sale: 3427 Richmond Rd Montgomery AL 36111

Wednesday, May 30, 2012
by The Hat Team

Montgomery Real Estate For Sale:

3427 Richmond Rd, Montgomery AL 36111
MLS# 293251

Pristine Ranch With Upgrades Galore!

3427 richmond Rd

Pristine ranch just one block from Cloverdale Idlewild! Great updated eat-in kitchen with granite countertops, chic tile back splash, new appliances including a stainless refrigerator! Wonderful corner brick fireplace in the living room/dining room. Spacious paneled den that looks out onto the covered patio and right beyond that is the sparkling pool! There's no shortage of storage with double closets in each bedroom and a huge greenhouse/storage shed in the backyard. Brand new HVAC, new carpet and fresh paint...this one's a deal!

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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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.

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Celebrating Memorial Day 2012

Friday, May 25, 2012
by The Hat Team

“America, we marched with pride. We gave our life, for you we died." - Roger J. Robicheau

soldierDo you celebrate Memorial Day at your Montgomery home?  Or, to be more specific, do you acknowledge the real purpose of the holiday and participate in activities designed to commemorate those who died for our country?  If your answer is “No,” you are among the majority of US citizens, for the celebration of this  day has strayed far from its original intent and has become an opportunity to enjoy a three-day weekend which ushers in summer.

Memorial Day started as an event to honor Union soldiers who had died during the American Civil War and was inspired by the way people in the Southern states honored their dead. After World War I it was extended to include all men and women who died in any war or military action.

Originally known as Decoration Day, the current name for this day did not come into use until after World War II, and it was celebrated on May 30, regardless of the day of the week on which it fell. In 1968 the Uniform Holidays Bill was passed as part of a move to use federal holidays to create three-day weekends. This meant that that from 1971, Memorial Day holiday has been officially observed on the last Monday in May.

Memorial Day is observed throughout the United States with many special ceremonies, parades, concerts, festivals, patriotic performances, and more.  Wreaths are placed at soldiers’ tombs, and soldiers of the 3rd US Infantry Regiment (The Old Guard) place an American flag at each of the more than 220,000 graves at Arlington National Cemetery. 

How can you observe Memorial Day at your Montgomery home?  Regardless of where you do your celebrating, you can include red, white, and blue decorations in the form of streamers, balloons, stars, or paper goods.  You can also proudly display an American flag or hang a patriotic wreath on your door.  

Help your children have holiday fun while learning about our nation’s history and military sacrifice by involving them in many themed crafts and activities.   The Holiday Zone.com provides a wide variety of free printable puzzles, coloring pages, crossword puzzles, and the like to keep young ones entertained in your Montgomery home or at the picnic grounds.  For crafts for the kids, click here.

Check your local paper or online for activities scheduled for your area—and perhaps say a silent “thanks” to those who have died and those who are currently in harm’s way sometime during the day.

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