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The Hat Team

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Displaying blog entries 1621-1630 of 1997

Montgomery Real Estate For Sale: 1024 Woodward Avenue Montgomery, AL 36106

MLS#274421

Get the best of both worlds - a "new" home in charming Old Cloverdale! Relax or play right around the corner in Cloverdale Park, while having no back yard of your own to take care of. Entertain family and friends in the open floor plan with a formal dining room and gourmet kitchen overlooking a beautiful shaded deck. There are windows everywhere and the master bedroom feels like you are in a tree house. And, just a few blocks from all the fun things happening in the Cloverdale dining and entertainment district!

Learn more about 1024 Woodward Avenue and other Montgomery Real Estate by visiting HatTeam.com

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Montgomery AL Real Estate Sales Statistics - May 2010

by The Hat Team

Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.

The Pending Home Sales Index rose 6.0 percent to 110.9 based on sales contracts signed in April. This figure is up from 104.6 in March, and is 22.4 percent higher than April 2009 when it was 90.6 and reflects increases of 7.1 percent in March and 8.3 percent in February.

Pending home sales are at the highest level since last October when the index reached 112.4 and first-time buyers were rushing to beat the initial deadline for the tax credit. The data reflects sales contracts and not closings, which usually occur with a lag time of one or two months.

Let's look at May real estate sales to see how the Montgomery AL real estate market is faring.

Montgomery AL Real Estate Sales Statistics - May 2010

Montgomery AL real estate sales statistics for May show pending sales have increased by 2% in 2010 compared to May 2009. The average sales price increased by 21% to $142,430 while sold listings were up by 21% from 2009.  Market times were 2 days less than 2009.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

May 2010

43

42

85

$142,430

May 2009

42

33

87

$112,384

For the latest Montgomery AL 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.

Montgomery Real Estate For Sale: 1827 Ridge Avenue Unit #5, Montgomery, Alabama 36104

MLS#275540

Live surrounded by beauty! No matter where you are in this lovely first floor condo, you look out onto beautiful landscaping. And at ever turn, the home itself boasts the tasteful design touch of esteemed local architect Arthur Joe Grant. High ceilings, immense window areas and huge rooms mean you can downsize on upkeep and upsize on style! 

Learn more about 1827 Ridge Avenue and other Montgomery Real Estate by visiting HatTeam.com

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Montgomery Real Estate For Sale: 5926 Carmel Drive Montgomery. Al 36117

MLS#275528

Feeling a little squeezed? This spiffy townhome offers a floorplan that will work equally well for a parent who craves privacy or two roommates who each want their own bath. Vaulted ceiling makes great room and dining room feel larger they are. Well laid out kitchen. Wood floors in living area. And, you must agree, a tremendous value so check this one out today!

Learn more about 5926 Carmel Drive and other Montgomery Real Estate by visiting HatTeam.com

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Montgomery Real Estate For Sale:140 MT Vernon Drive Montgomery, Al 36105

MLS#275565

Picture perfect! This South Hull District charmer shows beautifully and is waiting for a new owner. Ample living and dining rooms have plenty of space for entertaining, and you'll love the sunny Florida room for more casual time. Thoughtfully laid-out kitchen has separate working areas perfect for the two-cook family. The 3rd bedroom off kitchen could also be den/study, as it has wonderful built-in bookshelves. And, you will think you are in a much newer home when you see the master dressing room, walk in closet, and brand new master bathroom. Large backyard is fenced and is very private. So what are you waiting for...call your favorite agent today for a personal tour! 

Learn more about  140 MT Vernon  Drive and other Montgomery Real Estate by visiting HatTeam.com.

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Montgomery Real Estate Podcast - June 2010

by The Hat Team

Sandra Nickel of The Hat Team presents:

 

This month's edition covers Montgomery real estate market activity and then and we'll promote the value and importance of home inspections as the summer selling season approaches.

Featuring special guest Terri Murphy of US Learning.


Program length: approximately 7 minutes

Montgomery Foreclosure Trends - April 2010

by The Hat Team

There were 1,442 Montgomery foreclosure homes for sale with 154 new foreclosures in April 2010. The average selling price of a Montgomery home is $186,834 and the average foreclosure selling price is $124,538, a $62,297 savings, according to RealtyTrac.com.

Montgomery Foreclosure Activity and Home Price Index

Home price appreciation remained unchanged in April while the number of new Montgomery foreclosure homes dropped to 154.


Montgomery foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Montgomery Foreclosure Geographical Comparison

Montgomery foreclosure activity was 0.09% lower than national statistics and 0.04% higher than Alabama statistics for the month of April..

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned properties dropped  from 135 homes in March to 57 in April. The number of Auctions dropped from 120 to 97. The 6-month trend reflects a rise in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Montgomery Real Estate For Sale: 2465 Carter Hill Road Montgomery, Al 36106

MLS# 275195

If you are inspired by the work of Frank Lloyd Wright and Phillip Johnson, you're going to love this tri-level sleekly modern home that's filled with light and personality! From the entry with its soaring ceilings to the porthole windows in various rooms to the beautiful pool views from most rooms, everywhere you look there's beauty. And the floorplan just cries out for parties. It's said the former owner was famous for them! Won't do for the traditionalist but bound to win the heart of anyone who thinks modern is just the thing! If that's you, call, text or email to see it now!

Learn more about 2465 Carter Hill Road and other Montgomery Real Estate by visiting HatTeam.com

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Buying a Montgomery AL Home With Good Bones

by The Hat Team

It doesn’t matter if you are buying your first Montgomery AL home or are a veteran home buyer, you will have list of ‘wants’ and ‘needs’ for your new home. The ‘wants’ are things that would be nice to have such as a gas fireplace or montgomery al homegranite counters. The ‘needs’ are things like, well a ‘bathroom’ or the number of bedrooms to suit your family. It is rare that you will get all your ‘wants’ and needs’ in the home you buy.

The key to maximizing your Montgomery AL home investment today is distinguishing between the types of ‘wants’ and ‘needs’ you're better off buying as part of the property, and those you could add later without too much trouble and expense. Here's some information to help you prioritize the amenities on your list.

Location:

Location is the one thing you can't change about a property. Location is about being in a desirable neighborhood and close to (but not necessarily next to) valued amenities or planned ones -- employment opportunities, good schools, shopping, public transportation, major highways, parks and recreation, cultural activities, etc. A good location is also about not being on a high-traffic street, near noise, next to run-down properties, in a flood plain, etc.

Structural integrity:

Make sure the Montgomery AL home you buy doesn't come with a cracked foundation, pest infestation, drainage issues, mold or other problems that may be difficult and expensive to correct. A home inspection will help you determine if these items are an issue.

Size:

The size of a home is important, especially if you're just starting to raise a family. You don’t want to buy a home that is perfect for the two of you, knowing you want children in the next couple of years and making the home you buy too small.

It's easier and less expensive to reconfigure existing space (turning a basement into a family room or a garage into a bedroom, for example) than to build an addition. And, you can only add that addition if yard size and zoning restrictions allow.

Bathrooms:

It is significantly more cost effective to remodel a bathroom than to add one, so look for a home that has the number of bathrooms you really want.

Bedrooms:

Find a home with at least the minimum number of bedrooms you require, but with space (perhaps an attic or enclosed porch) that could eventually be converted to a bedroom should you need another one in the future.

Cosmetics:

Although a neon pink bathroom might make you cringe, that's exactly the type of problem you can easily and inexpensively correct. You could repaint it yourself for around $50, or hire someone else to do it for a few hundred more.

Other items:

You can change -- or add -- over time without too much effort or cost: carpeting, landscaping, appliances, hardware and fixtures, lighting, countertops, cabinets, upgraded doors, vanities, closet space, siding, windows and lots more.

Buy a Montgomery AL home with "good bones" in a good location. A home you're likely to enjoy living in for many years to come -- improving as you go. When you get ready to sell, you'll have exactly what other buyers are looking for!

Search all Montgomery AL homes for sale.

Montgomery AL Real Estate Sales Statistics - April 2010

by The Hat Team

Two top housing economists forecast some encouraging but tempered predictions for the housing market over the next few years during an economic session at the National Association of Realtors® Midyear Legislative Meetings & Expo today.

Top housing economists, Lawrence Yun, NAR chief economist, and Mark Zandi, chief economist and co-founder of Moody’s Economy.com, forecast some encouraging but tempered predictions for the housing market over the next few years. Both agree that job creation is key to an economic and housing recovery, with an improvement in job creation as 2010 progresses. However, they differed somewhat on the impact that foreclosures will have on home price stabilization. Yun expects a slightly stronger demand for housing and a fairly even level of foreclosures. Zandi forecasts an improving demand for housing with foreclosures rising later in 2010 before easing in 2011. Both economists project mortgage interest rates will remain historically low, the availability of jumbo loans will improve and home sales will rise over the next few years.

Let's look at April real estate sales to see how the Montgomery AL real estate market is faring.

Montgomery AL real estate sales statistics for April show pending sales have increased by 8% in 2010 compared to April 2009. The average sales price increased by 9% to $136,662 while sold listings were up by 8% from 2009.  Market times were 27 days more than 2009.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

Apr 2010

64

37

116

$136,662

Apr 2009

59

34

89

$125,026

For the latest Montgomery AL 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.

Displaying blog entries 1621-1630 of 1997

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