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Displaying blog entries 1221-1230 of 1311

REDUCED! Montgomery AL Home For Sale - 1450 Midlane Ct.

Friday, February 8, 2008
by The Hat Team

You won't believe your eyes. A very spacious garden home on a double lot. Private back yard. Convenient location and move in ready. Master bedroom downstairs with 2 bedrooms up. Great room with 22' vaulted ceiling and a wall of windows makes you feel like you are living outside. Formal dining room and large kitchen complete this wonderful home. 

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

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Montgomery AL Home For Sale - 546 Morningview Dr.

Wednesday, February 6, 2008
by The Hat Team


Stop paying the rent monster. Great starter home in very desirable neighborhood. Rooms are spacious and the yard is absolutely beautiful. Easy maintenance vinyl trim and fairly new roof. See this one first as it won't be on the market long.

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

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Wetumpka AL Home For Sale - 504 Windsong Loop

Wednesday, February 6, 2008
by The Hat Team

This custom built home is open and has a great flow for easy living. The large formal dining room has volume ceiling and is open to the HUGE great room with corner fireplace. Off the LR is a great sunroom overlooking a screened porch. The split plan has two extra large bedrooms on one side and a spacious master bedroom, WIC and big bath on the other. Galley style kitchen has loads of cabinet space and is open to sunny breakfast room. Big two car garage and 5X13 workshop attached. The big back yard gently slopes and is like a nature preserve...with inground sprinkler system. PLUS, this neighborhood has a community swimming pool for your enjoyment without the hassle of maintaining one! Only minutes from Wetumpka and Montgomery. And will be zoned for the new Redland Elementary school opening 2009. This one is a keeper, so call for your private viewing today!

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

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What Do The Interest Rate Cuts Mean To YOU?

Thursday, January 31, 2008
by The Hat Team

The Fed lowered interest rates again this week, and the media again began buzzing about the real estate market.  But – when it comes to you and me – what do these lower interest rates really mean? Here are some examples:

Homeowners: If you already have an adjustable-rate mortgage (ARM) on a home, you could save hundreds of dollars a month if your loan is pegged to Treasury rates, which have fallen considerably thanks to the Fed's recent cuts.  The catch is that many buyers in more expensive areas resort to “jumbo loans,” which are typically pegged to slower-moving indexes that remain elevated.  If you have a fixed-rate mortgage (not a jumbo loan), you could consider the cost of re-financing (think origination fees, appraisal fees, closing costs) against the savings of a lower interest rate for your monthly payment.

Borrowers: Several banks lowered their prime rate, which forms the foundation for car loans, home equity lines and other loans.  But you must carry a whopping $5,000 credit card balance to save just $12.50 annually from a quarter-point rate cut.

Consumers: Lower rates threaten to boost inflation and the price of imports.  So far, inflation has been held in check, and foreign companies generally are holding the line on prices.

Savers: Falling interest rates normally would whack rates on CDs and other savings.  But the cash crunch has spurred many banks to prop up such rates.

Travelers: International vacations and business trips cost more because the dollar has sagged in the wake of the Fed's cuts.  But it could be buoyed if other central banks trim rates.

In short, unless you are about to purchase a new home and can take advantage of the new lower interest rates by locking in a fixed-rate mortgage now, you may not end up seeing a whole lot of benefit to the interest rate cuts.

For more information about Montgomery AL real estate, please visit HatTeam.com or call me at 800-HAT-LADY.  You may also begin searching for Montgomery homes here!

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A Word Of Warning To Potential Home Buyers In Alabama

Friday, January 25, 2008
by The Hat Team

This week I wanted to share with you a very important article brought to us courtesy of WSFA 12 News:

 

This was my first time buying."

That's why Shirley Brock hired a realtor she could trust, a critical move considering Alabama is among a hand-full of states that does not require home sellers to tell potential buyers about problems with the house, although there are exceptions. The Alabama Supreme Court has ruled in previous cases the seller must disclose issues if they involve health and safety problems.

"You and I should have a responsibility to ourselves," said Brock.

Recently, a first-time home buyer near Mobile felt she had been mislead not only by her agent but also by the seller. Once the new homeowner moved in, problems like rotting wood started cropping up. The new homeowner reportedly did not have the property inspected.

"The Alabama Supreme Court has held that Alabama is a 'caveat emptor' state, meaning that it is the duty of the buyer to inspect and make themselves satisfied about the conditions of the property they want to purchase," said Charles Sowell of the Alabama Real Estate Commission.

When it comes to real estate Alabama has often been called a 'buyer beware' state, and one veteran state lawmaker says don't expect the Alabama legislature to change that label.

"Everybody is always talking about government intrusion in their lives," said Representative Thad McClammy of Montgomery.

And besides McClammy points to the fact that the state requires home inspectors to be licensed and certified, one more tool prospective home buyers can use to protect themselves. Take it from Shirley Brock; she's been in her condo for 5 years and has no regrets.

"You have to make sure you get a reputable agent or a real estate lawyer," Brock said.

To learn more about Montgomery AL real estate, please call me at 800-HAT-LADY or visit www.HomesForSaleInMontgomeryAlabama.com.  You may also begin searching for Montgomery AL homes here!

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JUST REDUCED! Montgomery AL Home For Sale - 2167 Woodley Rd.

Wednesday, January 23, 2008
by The Hat Team

Come inside and take a look at this wonderful, tudor style home on estate size lot. Traditional style with hardwood floors, deep moldings, built in corner cabinets and includes a large basement. The den is complete with fireplace, wet bar and French doors that open to a massive deck that has just been replaced with new wood. The upstairs has been finished out with a massive master suite complete with sumptuous bath that includes whirlpool tub, separate shower and walk in closet. And speaking of storage, WOW, this is one house that you have more than you need!! The seller has just completed the repainting of the exterior so the home is ready for the new family. Put this first on your list to see. You won't be disappointed.

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Montgomery AL Real Estate Market Trends Update

Thursday, January 17, 2008
by The Hat Team

In this month’s edition of the Market Trends Report, we will re-cap the market activity from 2007 and take a look at the real estate forecast for 2008.

 

Existing-home sales rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier in the year, according to the National Association of Realtors®.

 

Total existing-home sales nation-wide rose .4% in November 2007, when compared with October 2007, but were still down about 20% from the same time in 2006.

 

Looking ahead to 2008, Lawrence Yun (Senior NAR Economist) predicts “near term, existing-home sales should continue to hover in a narrow range, just as they have since September, and that’s good news because it’ll be a further sign that the housing market is stabilizing.”  In further good news, he noted “mortgage interest rates are near historic lows, and the most current data shows decelerating price declines along with a modest reduction in the number of homes on the market.”

 

Yun reminds us, however, that “just like the weather, there are large local variations in home prices” and sales.  Let’s take a look at the yearly totals for Montgomery AL in 2007 to see what the market looked like when compared with 2006:

  

The Midtown Montgomery market remained remarkably stable from 2006 to 2007, when compared with the national statistics.  The number of pending and sold listings both decreased slightly in 2007 - by 8% and 7%, respectively.  Market times increased, but only by 6 days, and the average sales price remained almost exactly the same at $151,216.

Midtown
Montgomery

Pending
Listings

Sold
Listings

Average
Market Times

Average
Sales Price

2007

622

517

96

$151,216

2006

678

558

90

$151,785

If you are planning to buy or sell a home in 2008, or if you want to learn more about Montgomery AL real estate, please contact me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.  To begin searching for Montgomery AL homes, please use my complimentary MLS search.  Best wishes for a very happy and prosperous new year!

 

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed. 
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Now Reduced! Montgomery AL Home For Sale 3313 Cloverdale Rd.

Wednesday, January 16, 2008
by The Hat Team

This charming Mediterranean style home is located in the Cloverdale Idlewild historic district. A little different architectural style home than what you normally find in the area. There are a lot of upgrades in this house, however, a lot of the original charm and character are kept to make this unique home a jewel. Please notice the corner fireplace, the transoms, the hardwood floors and french doors between the formal living room and spacious dining room. The extra here is the large family room off the back overlooking the large deck. This is a must see so put it first on your list.

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.



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Just Reduced! Montgomery AL Home for Sale - 3039 Woodley Terr.

Wednesday, January 16, 2008
by The Hat Team

All the work had been done to this precious cottage. From the wonderful covered porch out back to the new heat pump installed upstairs for the master suite, you will be impressed by this renovation. You will be hard pressed to find a better house at a better price in the Cloverdale area. The location is perfect as you are within walking distance to the Cloverdale Business district and Huntingdon College. Don't let this one get away before you take a look.

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

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Montgomery AL Home For Sale - 3111 Audubon Rd.

Wednesday, January 16, 2008
by The Hat Team

Classic Cloverdale style home on prime ~270 feet deep lot facing the park! Brick and stucco exterior with brand new roof make this one you just don't want to pass up. The unusual entry and formal foyer open to a large living room with hardwood floors, fireplace, and heavy original stucco walls. The formal dining room has many windows to let lots of light in. The huge kitchen and breakfast area are dated but functional, and are a perfect palate for an awesome redo. There are two bedrooms, 2 baths, and a study which could easily be a 3rd bedroom. Bonus room on the back with glass door opening onto rear deck could be a family room or could be converted to another bedroom with little effort (it has the 2nd bath within.) The very deep private rear yard has mature landscaping and heirloom shrubs. All this plus within walking distance to Old Cloverdale's dining and entertainment district, parks, and recreation. Come see this one before someone buys it out from under you!

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

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