Displaying blog entries 381-390 of 422
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!
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.
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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.
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In this article from CNN.com,
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
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.
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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
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Who wouldn't want to live on
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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?
Despite the national market trends, this is still a great time to consider purchasing a home in
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.
|
Midtown |
Pending |
Sold |
Average |
Average |
|
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 381-390 of 422
