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Montgomery AL Real Estate Market Trends

Friday, April 18, 2008
by The Hat Team

Little change is expected in Montgomery AL real estate sales of existing homes over the next few months, before notably improving during the second half of the year, according to the latest forecast by the National Association of Realtors.

 

Lawrence Yun, NAR Chief Economist, said the market will come into clearer focus this summer.  “Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure,” he said.  “The wider access to affordable credit should increase sales activity notably this summer as pent-up demand begins to be met.”

 

Let’s take a look at the midtown Montgomery AL real estate market activity for this March to see how the spring is looking so far: 

  

The Midtown Montgomery market experienced a slowdown in activity this March, when compared with March 2007.  Pending sales were down by 43%, while sold listings decreased 15%.  Average market times decreased by 5 days and the average sales price decreased by 10% to $129,629

Midtown
Montgomery

Pending
Listings

Sold
Listings

Average
Market Times

Average
Sales Price

March 2008

41

97

97

$129,629

March 2007

72

54

102

$144,782

A decline both in the number of homes for sale and the length of time it's taking to sell them should indicate that we are at or near the bottom of our "small dip" in activity.

 

Now is a great time to buy or sell Montgomery AL real estate.  To get started looking at homes, please visit HomesForSaleInMontgomeryAlabama.com or search the MLS here.  For more personalized service, please call me at 800-HAT-LADY.


Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed. 
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Montgomery AL Home For Sale - 2622 Cherry St.

Tuesday, April 15, 2008
by The Hat Team

Great house and even better price! This 2 bedroom 1 bath cottage has living room with hardwood floors, spacious eat in kitchen, and 17x12 den/family room overlooking deep fenced back yard. Basement/1 car garage perfect for workshop, studio, or great studio. All this, under $50,000, and just 2 blocks from the shops and restaurants at Midtown Plaza (Wal-mart!)

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.

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Montogmery AL Home For Sale - 33 N. Capitol Pkwy.

Tuesday, April 15, 2008
by The Hat Team

A remarkable restoration in true craftsman style architecture. From the gleaming hardwood floors to the stained moldings, this house will amaze you. The real surprise is after you have meandered down the wide center hall, you come upon the kitchen with loads of beautiful windows overlooking the covered deck and back gardens. As a bonus you will find an herb garden with plants already coming back. So much of the original architecture has been maintained. There are fireplaces in most rooms (condition unknown) with wood mantels. While you are inside, pull down the attic stair access and discover the large attic space that could be converted into more sq.ft. There is also good closet space in this house. Put this one first on your list to see.


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.

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Montgomery AL Home For Sale - 3485 Wellington Rd.

Tuesday, April 15, 2008
by The Hat Team



Priced to sell. Check out this totally updated and renovation home in historic Cloverdale-Idlewild. Inside you will find the beautifully tiled kitchen with granite tile countertops, new appliances, and ample storage. There is a pass through from the kitchen to the huge den/family room. This room measures approx. 15X21. The hardwoods have all been refinished. This is a corner lot so the driveway enters from Edgemont and there is a 1-car carport. Hurry and get into this house before its too late.

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.

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Montgomery AL Home For Sale - 3513 Heatherbrooke Ct.

Tuesday, April 15, 2008
by The Hat Team


Priced to sell. You won't believe that you can buy all this for this price. Over 2,000 sq.ft., 2 large bedrooms and 2 full baths. There is a pantry in the kitchen along with all the appliances, including refrigerator, washer & dryer, and built in microwave. All the updating, freshening and repairs have been done. All you have to do is move in.

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.

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Montgomery AL Home For Sale - 508 Glade Park Loop

Tuesday, April 15, 2008
by The Hat Team


Best deal in Pecan Grove! This spacious home has it all! 4 bedrooms, 2 baths, large living room/dining room combo and a den/family room with real fireplace! The galley style kitchen features smooth surface stove and updated countertops. The sunny breakfast room is big enough for a family-sized table. Don't miss the oversized laundry/utility room with plenty of storage. Out back there is a covered porch and large patio overlooking large private fenced yard. There is even a storage building at the end of the lot.

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.

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Montgomery AL Home For Sale - 3376 Cloverdale Rd.

Tuesday, April 15, 2008
by The Hat Team
 

Check it out! What a great unique home with loads of character and charm plus up to date amenities. The master bedroom has a gorgeous bath with spa tub and separate shower. The gourmet kitchen has a gas stove, tile floor and tile countertops. Drive through the automatic gate to the double garage and separate storage and workshop area. Plus, above the garage is space that could be finished out for a studio or office. The lovely landscaped yard adds the crowning touches, along with the new privacy fence and detailed iron fencing.

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.

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Montgomery AL Real Estate 101: Your Credit Score

Thursday, April 10, 2008
by The Hat Team
If you are a first-time Montgomery AL real estate homebuyer, you are most likely becoming very aware of the importance of having a good credit score. A higher-than-average credit score will help you negotiate a lower interest rate when you are applying for a mortgage, and a lower interest rate means thousands of dollars in interest saved every year.
 
This short video is a great introduction to the importance of your credit score, and includes some simple strategies to help improve it.

This is a great time to consider purchasing Montgomery AL real estate. To learn more about Montgomery AL real estate, please visit HomesForSaleInMontgomeryAlabama.com, or begin searching homes here. For more personalized service, or a referral to a reputable lender who can help you learn more about your credit score, please call me at 800-HAT-LADY.
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Montgomery AL Home For Sale - 3135 Malone Dr.

Tuesday, April 8, 2008
by The Hat Team

Finally, what most people look for in the Hillwood Townhouses. A one-story, end unit townhouse that is immaculate and ready for the new owner. This home is tastefully decorated and has hardwood floor throughout, except the master bedroom. Also, there are custom plantation shutters and colorful exterior awning. The brick walkway will take you to the private covered patio area where you can enjoy your morning cup of tea. You'd better hurry to see this property as with most houses in the Hillwood area, it won't be available long.

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.

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Montgomery AL Home For Sale - 3244 S. Hull St.

Monday, April 7, 2008
by The Hat Team

 
Cute cottage with lots of character. Hardwood floors throughout and very spacious rooms.

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.

 

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