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Displaying blog entries 1691-1700 of 1998

Montgomery Real Estate For Sale: 668 Ponce de Leon

Monday, November 9, 2009
by The Hat Team

  Montgomery Real Estate For Sale:

  668 Ponce de Leon Montgomery AL 36106 

  MLS# 269357

 

 

Great space and nicely updated, this Cloverdale bungalow oozes character. The large living room and formal dining rooms have heavy stuccoed walls reminiscent of another era. The bright open kitchen on the back is totally updated with all the bells and whistles you would find in newer construction. The breakfast bar is open into a den/family room area and overlooks the covered patio and large fenced back yard. On the main level you will find two bedrooms and a bath, and upstairs another two bedrooms and bath, so you and your family have room to spread out (or an ideal situation for roomies!) Located within walking distance to parks, dining, shopping, and entertainment, this is the place to be in Montgomery!

Learn more about 668 Ponce de Leon and other Montgomery Real Estate by visiting HatTeam.com.

 

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Expanded Tax Credit for Montgomery Home Buyers

Friday, November 6, 2009
by The Hat Team

The $8000 first-time home buyer tax credit was scheduled to expire in just a few short weeks...Nov 30, 2009. I say ‘was', because the Senate voted unanimously to extend the credit on Monday and the House of Representatives approved the extension yesterday afternoon by a vote of 403-12. The extension includes an expanded tax credit to repeat home buyers. The bill now goes to the President for his signature which is expected to happen today.

Home Buyer Tax Credit Expansion and Extension 

  • The $8,000 tax credit will be extended and available for first-time home buyers through May 1, 2010.
  • A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and May 1, 2010. To qualify, buyers must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
  • Prospective buyers with binding contracts in place as of April 30, 2010, will be allowed an additional 60 days to complete the transaction.
  • Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
  • Limitation on the cost of a purchased home is $800,000. 

If you know anyone looking to buy their first Montgomery home at a time when prices and interest rates are still down, or if you are thinking of buying another Montgomery home and getting the new $6,500 credit please contact me today!!

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Montgomery Real Estate For Sale: 734 E Edgemont Avenue, Montgomery AL 36111

Friday, November 6, 2009
by The Hat Team

  Montgomery Real Estate For Sale:

  734 E Edgemont Avenue Montgomery, AL 36111

  MLS #269302

 

 

 

Adorable Cloverdale Idlewild bungalow in walking distance to restaurants, shops and the Capri Theater. The beautiful hardwood floors, high ceilings and crown molding make this house irresistibly charming. The rooms are large enough to accommodate oversized furniture with ease. The bright sunroom would make a great office, work out room or play room. There's also a wonderful deck with a swing that overlooks the shady back yard. Don't miss out on this one!

  

Learn more about 734 E Edgemont Avenue and other Montgomery Real Estate by visiting HatTeam.com.

 

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Montgomery Foreclosure Trends - Sept 2009

Thursday, November 5, 2009
by The Hat Team

There are 1,081 Montgomery foreclosure homes for sale with 67 new foreclosures in September 2009, down from the June 2009 high of 242 new foreclosed homes. The average selling price of a Montgomery home is $180,122 and the average foreclosure selling price is $111,614, a $68,679 savings, according to RealtyTrac.com.

Montgomery Foreclosure Activity and Home Price Index

 montgomery foreclosure

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 is lower 0.20% lower than national statistics and 0.04% lower than Alabama statistics.

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned properties increased in from 37 in August to 60 in September. the number of Auctions decreased from 91 to 7. The 6-month trend is a drop in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on your 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. Give me a call for a private consultation.

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Montgomery Real Estate For Sale: 3018 Cloverdale Road Montgomery, AL 36106

Friday, October 30, 2009
by The Hat Team

  Montgomery Real Estate For Sale

  
  3018 Cloverdale Road Montgomery, AL 36106
  MLS#26911 

  

Don't let the outside fool you! This cottage is unassuming at first glance, but when you get inside you will find plenty of living space. Spacious formal living and dining rooms with all the classic details you expect in a Cloverdale home, plus an updated kitchen with breakfast bar open to family/keeping room. Guest bedroom with private bath downstairs plus master bedroom with updated bath and 5th bedroom converted to closet/dressing area/study. Upstairs are 2 more large bedrooms, each with its own private bath and tons of storage space. Almost 2,000 sq feet of unfinished basement has endless possibilities for storage, work and play areas. Enjoy the maintenance free rear deck made with TREX and the extra wide side yard large enough for pool or tennis courts! Out back is a self contained guest cottage with bedroom, bathroom, kitchen and living room.

 

Learn more about 3018 Cloverdale Road and other Montgomery Real Estate by visiting HatTeam.com.

 

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Montgomery Real Estate Sales Statistics - September 2009

Thursday, October 29, 2009
by The Hat Team

Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August, rose 6.4 percent to 103.8 from a reading of 97.6 in July, and is 12.4 percent above August 2008 when it was 92.4. The index is at the highest level since March 2007 when it was 104.5.

Lawrence Yun, NAR chief economist, said not all contracts are turning into closed sales within an expected timeframe. "The rise in pending home sales shows buyers are returning to the market and signing contracts, but deals are not necessarily closing because of long delays related to short sales, and issues regarding complex new appraisal rules," he said. "No doubt many first-time buyers are rushing to beat the deadline for the $8,000 tax credit, which expires at the end of next month."

Let’s take a look at the September sales statistics to see how the Montgomery AL real estate market looks: 

Montgomery AL real estate sales statistics for September show pending sales decreased by 30% in 2009 compared to September 2008. The average sales price decreased by 39% to $89,614 while sold listings were down 8% from 2008.  Market times remainded consistent with 2008. 

It is important to note that 15 of the closed sales were foreclosures at an average price of $33,853.  With these 15 sales removed from the total, September 2009's average sales price was $148,394, a slight increase over 2008.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

Sept 2009

35

34

84

$89,614

Sept 2008

50

37

84

$147,114

Investors are snapping up foreclosures because they believe that prices have hit bottom and they are eager to build their portfolios before the anticipated recovery.

Remember, there are only a few weeks left to benefit from the $8000 first-time home buyer tax credit. Give us a call to make your dream home a reality!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. 

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Montgomery Real Estate For Sale: 1272 S Lawrence St, Montgomery AL 36104

Monday, October 26, 2009
by The Hat Team

   Montgomery Homes For Sale:

   1272 S Lawrence Street, Montgomery AL 36104

   MLS #265600

  

 

Classic Garden District bungalow with a punch! This home's large light filled rooms boast hand burnished Venetian plaster on the walls and ceilings. Gleaming rich looking hardwood floors throughout make it pet and allergy friendly. Never worry about painting or replacing rotten wood...the siding is metal and the front porch is concrete! Nicely landscaped back yard has patio, plenty of parking and turn around space, and USABLE detached 1 car garage. Come see this one before it gets bought out from under you!

 

Learn more about 1272 S Lawrence Street and other Montgomery Real Estate by visiting HatTeam.com.

 

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Montgomery Real Estate For Sale: 1314 S Hull Street

Monday, October 26, 2009
by The Hat Team

   Montgomery Real Estate For Sale

   1314 S Hull Street Montgomery, AL 36104

   MLS# 263041

 

 

Potentially wonderful and currently acceptable triplex in Montgomery's historic Garden District. 1314 occupies entire first floor and is over 1500 sq ft including living room with decorative fireplace, formal dining room, breakfast room, modern kitchen, sunroom, laundry room, 2 bedrooms, 1 bath. Each charming upstairs unit (1316A&B) has living room, breakfast room, modern kitchen, 1 bedroom, 1 bath. All have front porches and rear balconies--just the kind of thing historic neighborhood tenant’s desire. And a wonderful place to enjoy the peal of the church bells from The Ascension, just down the block. Off-street parking at rear for 4 or more cars. Tenants pay all utilities except water/trash for 1 bedrooms, paid by owner. Price reflects bare minimum we believe lender will accept on short sale.

Learn more about 1314 S Hull Street and other Montgomery Real Estate by visiting HatTeam.com.

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Montgomery Real Estate for Sale: 2185 Woodley Road

Saturday, October 24, 2009
by The Hat Team

Montgomery Real Estate for Sale:

2185 Woodley Road, Montgomery AL 36111
MLS# 268951

montgomery real estate

Buy this lovely lot and get a house for free! While most of the value is in the land, your purchase will include a 3000 sq ft Cape Cod that could become a lovely home. Bring your architect, designer or contractor and see how you can make your dream come true!

 

Learn more about 2185 Woodley Road and other Montgomery real estate by visiting HatTeam.com.

 

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Montgomery Homes For Sale: 3603 Sir Michael Drive

Saturday, October 24, 2009
by The Hat Team

Montgomery Homes For Sale:

3603 Sir Michael Drive, Montgomery AL 36109
MLS# 268955

montgomery homes for sale

Picky about condition? Your heart's desire awaits you in this adorable Forest Hills home with a makeover straight out of HGTV! New roof and paint, new carpet in the bedrooms. Gleaming hardwood floors in the living and dining areas and kid-proof hard tile den and kitchen. And it's a kitchen you'll have to see to believe. Smart L-shaped continental bath provides privacy for the master and great access to other bedrooms. Exactly the kind of house everyone wants to own, so don't delay making this one your own!

Learn more about 3603 Sir Michael Drive and other Montgomery homes for sale by visiting HatTeam.com.

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Displaying blog entries 1691-1700 of 1998

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