dothan real estate: Dothan Real Estate Report - August Home Starts
- 08/22/08 03:16 AM
This article was originally posted on DothanHomeSearch.com The new home market here in the Dothan area seems to be gaining some traction, after a dismal 12–18 month down period. There were 28 new residential construction permits issued in July, up from 21 in June. Here is the trend over the last twelve months. Inventory of new construction homes on the market is down, which is another sign of a turnaround. There are currently 215 new construction homes listed in the Dothan area MLS, down from 221 last month. The median price of these listed homes is $195,400, which is about $60,000 … (0 comments)
dothan real estate: Dothan Real Estate Report - July Inventory
- 07/28/08 08:41 AM
This article was originally posted at DothanHomeSearch.com The number of homes for sale in and around Dothan fell back last month from the all-time high in May. As of July 1, there were 954 single family homes on the market. However, if you read yesterday’s real estate market update, you know that we are back up over 970 this week. Inventory We seem to be stuck, at least for the time being, at between 950 and 975 homes on the market, which again means we are in a strong buyers market. It is hard to imagine much fluctuation in these numbers … (0 comments)
dothan real estate: Dothan Real Estate Market - June Sales Update
- 06/19/08 09:05 AM
This article was originally posted on DothanHomeSearch.com May was a strong month for home sales around the Dothan area. The number of homes sold was up around 20% over April, and with 122 homes sold, May of 2008 almost equaled the 124 sold in May, 2007. The number of pending home sales has been fairly stable since the first of the year, and has closely followed last years numbers. There were a little over 80 homes listed as pending as June began. Again, we look at pending home sales as a good measure of activity to come in the next 30 … (2 comments)
dothan real estate: Why title insurance might be the best money you ever spent
- 12/10/07 01:52 AM
Tom Grant has a post on his blog about the importance of title insurance. If you are considering purchasing a home, even if you have already found one and are waiting to close, READ THIS POST! Here in the Dothan real estate market, it is fairly rare for a home buyer to purchase an owner’s title insurance policy. Many rely on the policy that the lender gets to cover them if anything such as Tom mentioned goes wrong. It is very important to remember however that the lender’s policy typically only covers the amount of the loan. Any down payment, or … (0 comments)
dothan real estate: Dothan Real Estate Market Update, November 2007
- 11/22/07 02:00 AM
The number of homes for sale in Dothan took another big jump in October, up to a whopping 946 homes. That is another 3% increase from September, and a total increase of 36% from October of 2006. Some home sellers may be getting bad advice, because there is no reason to have your home listed for sale right now unless you absolutely have to sell. The number of foreclosures in the Dothan market has not risen significantly, but there is not a way that I can find to measure pre-foreclosures, which could account for some of the increased inventory. Click on the graphic … (0 comments)
This article was originally posted on DothanHomeSearch.com The new home market here in the Dothan area seems to be gaining some traction, after a dismal 12–18 month down period. There were 28 new residential construction permits issued in July, up from 21 in June. Here is the trend over the last twelve months. Inventory of new construction homes on the market is down, which is another sign of a turnaround. There are currently 215 new construction homes listed in the Dothan area MLS, down from 221 last month. The median price of these listed homes is $195,400, which is about $60,000 … (0 comments)
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