Real Estate Information Archive

Blog

Displaying blog entries 81-90 of 129

Midtown Montgomery Home For Sale: 3255 Wilmington Rd

Thursday, July 2, 2015
by The Hat Team

Midtown Montgomery Home For Sale:

3255 Wilmington Rd, Montgomery AL 36105
MLS# 319070

Room To Spread Out!

3255 wilmintgon rd

Lots of room to spread out in this lovely brick South Hull home in Midtown Montgomery. Formal dining and living room have beautiful hardwood floors and charming architectural features. Cozy enclosed sun porch off living room could have many uses. Open kitchen looks into the den/family room AND there is a HUGE Florida room across the back for additional living/entertaining space. Three nicely sized bedrooms and an updated hall bath round out the living quarters. There is a wide staircase providing access to a BIG attic area great for storage and with potential for even more living space. Mature trees provide shade canopy front and back, which helps on utilities.

Marketed by Montgomery Realtors Sandra Nickel Hat Team.

Add Comment

Midtown Montgomery Real Estate Market Trends - May 2015

Friday, June 19, 2015
by The Hat Team

When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case. While vacation homes are obviously a big investment, they aren’t out of reach for those under the six-figure salary mark. According to NAR’s 2015 Investment and Vacation Home Buyers Survey, the median household income for those who own a vacation property is $94,380, only about $15,000 more than the median income for those who own their primary residence ($79,650). And if you thought buyers needed cash to buy it, think again—70 percent of vacation homes purchased last year were financed with a mortgage. Considering buying a vacation home? Start your search here!

Take a look at May 2015's real estate sales statistics.

Midtown Montgomery real estate sales statistics for May 2015, show the number of homes decreased 10%. The average sales price decreased by 15.71% to $118,566 for the month. The median sales price decreased by 21.59% to $96,250, and market times increased by 15 days.  The highest selling price decreased by 48.03% from May 2014.

Midtown Montgomery  May 2015   May 2014
Homes Sold 44 40
Average Selling Price $118,566 $140,671
Median Selling Price $96,250 $122,750
Days On The Market 148 133
Highest Selling Price $330,000 $635,000
Lowest Selling Price $1 $9,249

 

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.

Add Comment

Montgomery AL Real Estate For Sale: 3825 Lockwood Ln

Thursday, June 4, 2015
by The Hat Team

Montgomery Homes For Sale:

3825 Lockwood Ln Montgomery AL 36111
MLS #318326

Build Your Dream House!

Once-in-a-lifetime opportunity to save thousands and thousands on your dream home. Located in desirable Midtown Montgomery and a short walk to tennis, swimming, and the safety of a 24/7/365 gated entrance. So buy this lot, build and start with equity from day one!

Marketed by Montgomery Alabama Realtor Sandra Nickel, Sandra Nickel Hat Team.

Add Comment

Midtown Montgomery Real Estate Market Trends - April 2015

Friday, May 22, 2015
by The Hat Team

Decades ago, it was not uncommon for people to work at the same job for the entirety of their professional career. Similarly, many people kept the same home their whole lives. Those trends, however, have shifted. Today most homeowners buy and sell several homes throughout their lifetime. The reasons to sell one’s home vary—changes in family situations, neighborhood transformations, financial changes, and many others. However, the most popular reasons sellers decided to leave their home for another are quite simple—people moving to new areas and outgrowing their homes. According to the National Association of REALTORS® 2014 Profile of Home Buyers and Sellers, 15 percent of sellers sold their previous home because the place was too small. That number was much higher (30 percent) among first-time sellers. Additionally, another 15 percent sold their last home due to job relocation. Are you considering selling your home? Get a free current market analysis here.

Take a look at April 2015's real estate sales statistics.

April 2015 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for April 2015, show the number of homes remain the same. The average sales price decreased by 3.47% to $153,448 for the month. The median sales price decreased by 1.85% to $127,500, and market times decreased by 24 days.  The highest selling price decreased by 1.51%, and the lowest selling home price decreased by 3.45% compared to $14,500 from April 2014.

Midtown Montgomery  April 2015   April 2014
Homes Sold 30 30
Average Selling Price $153,448 $158,971
Median Selling Price $127,500 $129,900
Days On The Market 135 159
Highest Selling Price $391,000 $397,000
Lowest Selling Price $14,000 $14,500

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.

Add Comment

Montgomery AL Real Estate For Sale: 1305 Wedgewood

Monday, May 4, 2015
by The Hat Team

Montgomery Homes For Sale:

1305 Wedgewood, Montgomery, AL 36111
MLS #317435

1950’s Classic Home!

They just don't build them like this anymore! Built in the mid 1950's by the Liger family, this quaint home in the Midtown Montgomery area has living room, dining room AND a large den & family room. Both bedrooms are spacious enough for king beds, dressers, and other furniture. While mostly original, there is much room left in the price to make upgrades and personalize this solid home to your liking.

Marketed by Montgomery Alabama Realtor Sandra Nickel, Sandra Nickel Hat Team.

Add Comment

Midtown Montgomery Real Estate Market Trends for March 2015

Wednesday, April 22, 2015
by The Hat Team

This is a great time to think about buying home. Home prices and interest rates are still at all-time lows and springtime historically offers the most inventory to choose from. The biggest hurdle for many home buyers is saving money for a down payment. Here are 10 things to do on a regular basis to save money:

  1. piggy bankMake it automatic. Before you see your paycheck, have a percentage of it automatically deposited into your 401(k) and savings.
  2. Keep minimum funds in checking account. Transfer extra funds into your savings account where it will earn more interest than in our checking account.
  3. Don’t pay banking fees! Use your bank’s free bill pay, automatic deposits, free checks, and free reimbursements for all ATM fees.
  4. Use rewards credit cards. Use a credit card offering cash back on every purchase and pay the card off each month to eliminate interest fees.
  5. Actively search out deals. It never hurts to try and find a better deal, or request a better deal from your service providers.
  6. Drive smoothly. Accelerate smoothly and at a reasonable rate, and coast to a stop as often as possible. Also use cruise control on the highway. My car is rated to get 26 mpg around town and I regularly get 29. You can also use these tips to save money on gas, and use gas rewards credit cards to save money on fuel costs.
  7. Buy quality products. Quality items may cost more up front, but they last longer and generally provide better results than cheaper, inferior products. Examples of items you should buy higher quality - furniture, clothes and shoes, vehicles, and other items that will see a lot of use.
  8. Buy generic where applicable. You can save a lot of money on generic items for which the brand name product is essentially the same as the store brand. Food and medicines come to mind as items where generic products are good deals.
  9. Use coupons and rebates. Use coupons for oil changes, groceries, books, on-line purchases, and just about anything else we can find.
  10. Use store rewards cards. Many grocery stores have their own ‘reward cards’ saving you money each time your shop. If you are a senior, shop on designated senior citizen discount days.

Take a look at March 2015's real estate sales statistics.

March 2015 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for March 2015, show the number of homes dropped 25% by 6 homes. The average sales price increased by .02% to $130,852 for the month. The median sales price decreased by 2.84% to $128,500, and market times decreased by 133 days.  The highest selling price increased by 16.84%, and the lowest selling home price increased by 43.3% compared to $8,025 from March 2014.

Midtown Montgomery  March 2015   March 2014
Homes Sold 18 24
Average Selling Price $130,852 $130,828
Median Selling Price $128,500 $132,250
Days On The Market 122 255
Highest Selling Price $277,500 $237,500
Lowest Selling Price $11,500 $8,025


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.

Add Comment

Midtown Montgomery Real Estate Market Trends for Dec 2014

Thursday, January 22, 2015
by The Hat Team

2015 is off to a great start for home buyers according to an executive order announced last week authorizing FHA to cut .5 percent from the annual mortgage insurance premium for the FHA backed loans with terms greater than 15 years.  For most FHA loans this will reduce the annual premium from 1.35 percent of the loan balance to .85 percent. Loans with balances above the loan limits in effect in most areas and with current MIP of 1.50 to 1.55 percent will see new premiums of 1.00 or 1.05 percent respectively. The upfront premium for all loans will remain unchanged at 1.75 percent.

Borrowers with FHA-insured loans can refinance and obtain the lower annual MIP, as long as the original endorsement was after May 31, 2009 (Older loans have a lower annual MIP. The annual MIP was increased from 0.55% to 0.90% in October 2010, to 1.15% in April 2011, to 1.25% in April 2012, and to 1.35% in April 2013 for borrowers with less than 5% down.)  

Take a look at December’s real estate sales statistics.

December 2014 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for December 2014, show the number of homes sold decreased by 17.24% when compared to December 2013. The average sales price increased by 58% to $136,785 for the month. The median sales prices decreased by 4.55% to $105,000, and market times decreased by 17 days.  The highest selling price decreased by 10.96%, and the lowest selling home price increased by 16.88% compared to $9,000 from December 2013.

Midtown Montgomery  December 2014  December 2013
Homes Sold 24 29
Average Selling Price $136,785 $135,399
Median Selling Price $105,000 $110,000
Days On The Market 135 152
Highest Selling Price $455,000 $511,000
Lowest Selling Price $9,000 $7,700

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.

Add Comment

Midtown Montgomery Real Estate Market Report for August 2014

Friday, September 19, 2014
by The Hat Team

While the number of for sale by owner transactions is on the decline, approximately 9 percent of sellers decide to go it alone and forego outside help from a Realtor®. Typically those that go this route have extenuating circumstances, such as already having a relationship with the buyer (which happened in 40 percent of recent FSBO sales, according to National Association of Realtors® data). However, NAR’s 2013 Profile of Home Buyers and Sellers shows that most sellers benefit from the outside help of a knowledgeable advocate when selling their home. Aside from being experts in the field, Realtors® have the time, know the market and needs of the potential buyers, bring an objective and fresh perspective to the seller, understand the complexity of all of the processes involved, and have the ability to attract qualified buyers.  It’s because of these reasons that sellers using a Realtor® tend to get more for their homes, according to NAR’s report.

Let’s look at how many sellers sold their homes with a Realtor in August.

August 2014 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for August 2014, show the number of homes sold decreased by 9% when compared to August 2013. The average sales price increased by 3% to $140,940 for the month. The median sales prices increased by 16% to $107,500, and market times increased by 27 days.  The highest selling price increased by 40%, and the lowest selling home price increased by 14% compared to August 2013.

Midtown Montgomery  August 2014 August 2013
Homes Sold 29 32
Average Selling Price $140,940 $136,497
Median Selling Price $107,500 $92,000
Days On The Market 159 132
Highest Selling Price $830,000 $590,000
Lowest Selling Price $11,000 $9,640

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information courtesy of Montgomery Alabama Realtor Sandra Nickel, Sandra Nickel Hat Team.

Add Comment

Midtown Montgomery Real Estate Market Report for May 2014

Thursday, June 26, 2014
by The Hat Team

All-cash offers are an unusual real estate tactic, but often times are a winning strategy at the negotiating table, and are presently on the rise. The National Association of Realtors® reports market share of all-cash purchases has risen and currently makes up 33 percent of the market. This is a unique trend, especially since the market has experienced a decrease in distressed homes and investor activity.

Economists point out many reasons for this popular trend. One is restrictive lending standards have caused many buyers, especially wealthy ones, to forgo a loan. Another is the aging baby boom generation, many of whom are trading down and paying for their purchase with cash accumulated from decades of equity. Some also point to foreign buyers; home purchases by foreign buyers in the U.S. are increasing and those buyers don’t have the credit history in the U.S. to qualify for a loan.

None of those situations have significantly impacted the Montgomery market.  For May, 24% of the sales were all-cash and averaged just $42,500.  This indicates they were predominantly investor sales of distressed properties.  Now let's look at the other May statistics for Midtown Montgomery.

Midtown Montgomery real estate sales statistics for May 2014, show the number of homes sold increased by 5.7% when compared to May 2013. The average sales price increased by less than 1% to $144,882 for the month. The median sales prices increased by 17%, and market times decreased by 4 days from May 2013.  The highest selling price decreased by 5%, and the lowest selling home price decreased by 45% compared to May 2013.

Midtown Montgomery  May 2014 May 2013
Homes Sold 33 35
Average Selling Price $144,882 $144,725
Median Selling Price $123,000 $105,000
Days On The Market 126 140
Highest Selling Price $635,000 $665,000
Lowest Selling Price $9,250 $17,000

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.

Add Comment

Midtown Montgomery Real Estate Market Report for March 2014

Saturday, April 26, 2014
by The Hat Team

The spring buying season looks promising according to BankRate.com. As the weather warms and flowers bloom homes remain affordable and inventories are low, making it a good time to buy.

Here are 5 housing trends you can expect to see this spring:

1. Adjustable rate mortgages are gaining favor.
As rates tick upward, there is a tremendous savings opportunity with an ARM.

2. Homeowners are cashing out with home equity lines.

May homeowners have regained the equity lost in the recession and are taking advantage of new found value in their homes.

3. Mortgage rates will rise...a little!

Mortgage rates will most likely inch up this spring but are not expected to skyrocket. Experts are expecting rates to go higher than 5%.

4. Home prices will increase.

An increase in prices is mostly due to low inventory. Prices are expected to steadily climb through the end of the year.

5. 'Permanent' HAMP rates are expiring.

Homeowners who refinanced with the Home Affordable Modification Program will start to see their rates increase. The 'permanent' rate expires after 5 years.

Interested in buying this spring? Let us help you find the best home and the best financing for you and your family! Contact us today!

Take a look at sales figures in our local real estate market for March 2014.

Midtown Montgomery real estate sales statistics for March 2014, show the number of homes sold increased by 30% when compared to March 2013. The average sales price increased by 28% to $ 130,647 for the month. The median sales prices increased by 27%, and market times increased by 131 days from March 2013.  The highest selling home price decreased by 17%, and the lowest selling home price decreased by 47% from March 2013.

Midtown Montgomery  March 2014 March 2013
Homes Sold 23 33
Average Selling Price $ 130,647 $ 129,500
Median Selling Price $ 129,500 $ 94,000
Days On The Market 255 124
Highest Selling Price $ 237,500 $ 286,900
Lowest Selling Price $ 8,025 $ 15,000

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.

Add Comment

Displaying blog entries 81-90 of 129

Syndication

Categories

Archives

   cdpe    crsHat Lady on Zillow