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Good News On the Economic Front - 11/23/10 08:51 PM
There is good news on the economic front which will eventually translate into good new for the Montgomery real estate market. The number of first-time filers for unemployment benefits fell by 24,000 last week to the lowest level in nearly four months, the Labor Department reported Wednesday. Keivan Deravi, the AUM pundit, says the demand for diesel fuel and cardboard are both up. That means more things are being manufactured, packaged and shipped by truck. Rick Sharga of Realty Trac reports Montgomery's foreclosure rate is trending downward and is 3 times better than the national average. Jimmy Lowder explains September new (3 comments)
Private park anyone? Live surrounded by beauty in this sweetly updated cottage with built-ins for all kinds of storage and upgrades to enjoy and impress your friends. From the gleaming wood floors to the quartz countertops and glass tile backsplash in the kitchen to the stained glass in the transom windows, everywhere you look this house is special. So make it yours today! Learn more about 3135 S Hull Street and other Montgomery Real Estate by visiting HatTeam.com. Search all Montgomery Real Estate and homes for sale. (2 comments)
Should You Walk Away From Your Montgomery Real Estate? - 11/16/10 08:36 PM
A new category of homeowners has emerged in recent months--those who voluntarily walk away from their mortgaged property. The rising ranks of this group are not comprised of people who can't afford their mortgage payments and thus go into foreclosure; rather these defaulters are homeowners who choose to let their Montgomery real estate holdings go rather than continue to pay on a home which is worth less than what they owe. Such a phenomenon is new to the United States, where proud homeowners of the past would make every sacrifice necessary to keep their home--and their dignity--and it is a thorny (1 comments)
Love feeling tucked away? You'll appreciate living off the beaten path in this darling home. The cul-de-sac location at the rear of Wynbrook means no through traffic or uproar. And because the home adjoins a protected wetland, you'll never have neighbors to the rear. Enjoy watching nature from the covered deck while tall trees block the setting sun. Great condition, too, so see this one today! Learn more about 1307 Summerfield Place and other Montgomery Real Estate by visiting HatTeam.com. Search all Montgomery Real Estate and homes for sale.
Montgomery Foreclosure Trends - September 2010 - 11/09/10 06:29 PM
There were 1,198 Montgomery foreclosure homes for sale with 77 new foreclosures in September 2010. The average selling price of a Montgomery home was $160,116 and the average foreclosure selling price was $77,987, a $82,129 savings, according to RealtyTrac.com. Montgomery Foreclosure Activity and Home Price Index Home price appreciation remained was 0.0% in Sept while the number of new Montgomery foreclosure homes increased to 77.
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 (0 comments)
Seclusion...tranquility...peacefulness. Qualities you won't find in most Montgomery neighborhoods. Tucked away on a new street in the back of Dexter Ridge, this one owner home has all the benefits of a new home without the price! Kitchen is a cook's dream with custom cabinets, center work island, and cool stained concrete floors. Split plan allows for master to be separated from other three bedrooms for privacy. Plenty of room in the large back yard to play or entertain, or relax under the covered back porch. Lot backs up (0 comments)
Montgomery AL Real Estate Sales Statistics - September 2010 - 11/02/10 08:52 PM
Despite economic uncertainty, 68 percent of those surveyed in the 2010 National Housing Pulse Survey, conducted by the National Association of Realtors, still believe now is a good time to buy a home; while that number is down from last year (75 percent), it's up from 2008 (66 percent) and 2007 (59 percent). Lower home prices and record-low mortgage interest rates are attracting buyers to the housing market - more than one-fourth of renters said they are thinking more about buying a home than they were a year ago. Sixty-three percent of renter respondents said that owning a home is a priority in their (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.