Real Estate Information Archive

Blog

Displaying blog entries 1261-1270 of 1311

2035/2037 Harmon St. Montgomery, AL 36107

by The Hat Team

Easy-brick exterior means low maintenance.  Lots of upgrades since purchase in late 2004.  Why not live in the 3-bedroom side and let the small-unit tenant help you with your payment?  With a 600 credit score, you can buy with as little as $5,000 up front and a payment about $600/month.  After tenant’s help, you’ll be living high for a low, low $250!

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.

3174 Cloverdale Rd. Montgomery, AL 36106

by The Hat Team

 Great views of Cloverdale Bottom park from the large covered front porch. Beautiful refinished hardwood floors and many multi-use spaces. Large kitchen and separate sunny breakfast room. Large bedroom and bonus room upstairs. Covered back porch and guest cottage with full kitchen and bath out back.

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.

3313 Cloverdale Rd. Montgomery, AL 36106

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.

414 Perry Hill Rd. Montgomery, AL 36109

by The Hat Team

You'll think you're at the Ritz in this incredible one-of-a-kind home. Ask your agent for links to virtual and video tours as words just won't do this one justice! AND you can do bed-and-breakfast or a business or office in this location as special zoning allows mixed use.

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.

Old Cloverdale Prime for Real Estate Bounce-Back!

by The Hat Team

In this article from CNN.com, Montgomery AL is listed #5 on the list of top 10 American cities that are poised for a real estate bounce back. 

 

Specifically, the article mentions that the economy of Old Cloverdale (home to the Hat Team office!) is benefiting from the recent surge in hiring of government employees.  

 

As this mention in the national media clearly illustrates, now is a great time to purchase a home in Montgomery AL.  I would love to help you get started and show you why the Cloverdale area is a great place to live.  Visit HomesForSaleInMontgomeryAlabama.com or call me at 800-Hat-Lady to get learn more about Montgomery AL real estate.  If you are interested in investing in the Montgomery area, visit InvestInMontgomeryAlabama.com. 

252 Bellehurst Dr. Montgomery, AL 36109

by The Hat Team

Enjoy beautiful and quiet Bellehurst in this 4br/2ba home. Many updates have been accomplished such as new carpet, paint, roof and more. Located on a large corner lot, you won't worry that the neighbors are right on top of you. The house itself is wonderful, but combine it with the beautiful tree-lined streets and convenience to schools and shopping, why would you go anywhere else. Make this one first on your list and save your time and energy.

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.

3039 Woodley Terr. Montgomery, AL 36106

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.

704 Park Ave. Montgomery, AL 36106

by The Hat Team

Who wouldn't want to live on Park Ave! This wonderful and stately Arts and Crafts oversized bungalow sits on a huge well manicured corner lot just steps from beautiful Cloverdale park. You'll love the deep covered front porch with commanding views. Enter the spacious formal living room through gorgeous beveled glass french doors and note the elegant fireplace and coffered ceilings. The enormous formal dining room awaits many family gatherings and holiday dinners. Cozy den/family room off LR offers another fireplace, floor to ceiling bookshelves, and antique sconce lighting. Large kitchen and big sunny breakfast room are ready for your custom updates. 3 large bedrooms, huge pristine bath with original deco tile work and claw foot tub, and recently remodeled master bath. Detached guest cottage out back could provide additional income through rental or great for visiting family and friends.

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.

Consumer Confidence Index Drops Lowest in Two Years

by The Hat Team

Bloomberg.com is reporting that, despite last week’s interest rate cut, the consumer confidence index was the lowest it has been this September since November 2005.  The decline is mainly attributed to declining home values, a deteriorating labor market, and tougher borrowing standards for home loans.

 

Unfortunately, where interest rates care concerned, "When the news is good, that's bad.  And when the news is bad (like the slippage in consumer confidence), that's ultimately good!" Given the multitude of factors leading to the declining trend in consumer confidence, could more cuts from the Fed be in store? 

 

Read the full article here

 

Despite the national market trends, this is still a great time to consider purchasing a home in Montgomery.  Please call me at 800-HAT-LADY for all of your Montgomery AL real estate needs.  Or you can visit my web site and sign up to receive automated emails of new Montgomery AL listings that meet your criteria!

Montgomery AL Real Estate Market Trends Report

by The Hat Team

According to the latest forecast by the National Association of Realtors®, tightening credit standards for those applying for home mortgages will likely dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008.

 

Lawrence Yun, senior NAR economist, said unusual disruptions in the mortgage market are dampening the outlook for home sales, notably for August and September.  “There’s been an unusual hit to home sales, starting in March when subprime problems emerged and more recently when problems spread to jumbo loans, with many potential home buyers on the sidelines.”  He noted, however, that “the volume of existing-home sales this year will be better than 2002, which was the second year of the housing boom.”

 

Let’s take a look at August sales statistics to see how the market looks in Midtown Montgomery.

Pending sales dropped by 40 percent this August compared to August 2006. The number of homes sold also dropped by 19 percent. Market times increased from an average of 70 days in August 2006 to 100 days this August.

On a positive note for sellers, the average sales price increased 25% from $136,721 last August to $183,279 this August.  August 2007 saw only 9 homes sell under $75,000 and only 13 sold under $100,000.  In contrast, August 2006 saw 14 sales under $75,000 and 20 total under $100,000.  Additionally, 2007 saw 9 sales over $300,000 as opposed to only 4 in 2006.  As they move up to larger, nicer homes, owner-occupants increasingly choosing Midtown over other upscale areas!

Clearly, however, the investor "fix and flip" market segment has begun to dry up - no wonder, given the amount of negative publicity in the national media! 

Midtown
Montgomery

Pending
Listings

Sold
Listings

Average
Market Times

Average
Sales Price

August 2007

40

47

100

$183,279

August 2006

60

58

70

$136,721

As these statistics show, it is still a great time to consider buying a Montgomery AL home.  To begin searching for Montgomery AL homes, please use my complimentary MLS Search, or call me at 1-800-HAT-LADY.  If you are thinking of selling your Montgomery AL home, please call me or visit MongomeryHomeInfo.com today to receive your complimentary comparative market analysis.  We can work together to get you a great deal!

 

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed. 

Displaying blog entries 1261-1270 of 1311

Syndication

Categories

Archives

   cdpe    crsHat Lady on Zillow