The link below is to the Huntsville AL MLS listing where you purchased the proprty in 2003 for with seller paying $2,954 in your closing costs.
NALMLSReports/ListitLib/show_report.aspx?ID=7112698457
The link below is to a summary of listing and sales activity in the neighborhood since 01/01/12 of properties similar to yours.
NALMLSReports/ListitLib/show_report.aspx?ID=7112698459
The average sold price was $89 psf with a range of $81 to $99 psf. The average days on market were low at 25 days and a range of 6 to 44 days.
There are 8 active Huntsville AL MLS listings in the neighborhood averaging $90 psf with a range of $78 to $98 psf. These houses have been on the market since 07/07/2011, 05/16/2012, 08/10/2012, 09/08/2012, 01/08/2012, 03/31/2012, 04/27/2012 and 07/01/2012.
In general we reccomend listing Huntsville AL homes for sale properties somewhere between the average and highest sold price while staying in the range of active listings. Just based on that rule of thumb the value of your 1,820 sf house would be from $162,000 to $178,000. Where within that range to list depends on how well the house shows.
I reccomend waiting until March of next year to get the tenant out and freshen up the house to put it on the market. We have just passed the peak selling season and expect our real estate market to be even better next year.
Unit 3315-2
2A: Front columns at the entrance needs repair due to water damage.
Gutter at the back needs cleaning, trees are growing out of it.
Bedroom switch is covered with wall paper, it needs a cover so there is no fire hazard.
2B: Front columns at the entrance needs repair, old termite damage.
Tenant complains that when heaters are on in 2 rooms, the electrical circuit shuts
down. The electrical circuit needs repair.
Unit 3315-3
3A: The living room does not have an electrical outlet for the AC. The electrical wire is hooked
to another room.
The back door of the unit leaves a 2 inch gap at the top. It is the only door that has such
a large gap. The door does not fit the back door frame. It needs to be replaced so that rain
does not come in at the back.
Window at the back is broken, one of the glass needs to be replaced.
3B: The tenant complains that the water floods into the living room at least once a year from heavy down pour. All the water
from the surrounding area gathers at the front of the unit, and goes into the living room. There needs to
2 drains installed at the front of this unit. Landlord maybe liable for any damage to the tenant due to the
flooding.
Front columns needs repair due to water damage.
Unit 3315-4
4A: Back window, the concrete around the window needs to be fixed.
Kitchen drain needs repair.
Front columns needs repair.
4B: Front columns needs repair.
4C: Front columsn needs repair.
This buidling was treated for termite, however, the middle section of the building was not
treated. Only 4A and 4C had treatment at the back of the building, and not 4B.
Unit 3310:
A: Tenant complains that sink in the kitchen has draining problem.
Front columns needs repair.
Unit 3303:
A: Bathroom toilet cover is broken.
B: Outside window trim needs repair.
All the units has 100 AMP circuits, and the current standard is 220 AMP.
Many of the wood panels outside of the buildings may also need replacement.
Homes Of Huntsville For Sale
Using the huntsville al mls can be difficult. Let us help you search for homes of huntsville al for sale at no cost or obligation. We can also set up automated searches for homes of huntsville alabama for sale so you won't miss new listings.
NALMLSReports/ListitLib/show_report.aspx?ID=7116243599
Looking in the following High school districts / area; COLUMBIA, HSV, GRISSOM, BOBJ, SPARKMAN, HAZG, BUCK and MADC. I did add the new James Clements school in Madiosn. This filters out most declining neighborhoods.
There are some workable points but in our current market the offer probably won't gain much traction with the prospective buyer. Two critical points I see is that there is not a sales price and you are not offering to pay any of the purchasers closing costs. In any contract we must have a set price. Asking the tenant to pay for an appraisal and then setting the sales price is inviting problems.
What if you were not happy with the price that the buyer's appraiser came up with? In our current market seller can expect to pay most if not all of purchaser's closing costs. Your proposal does not offer any assistance with closing costs. If we were in the real estate market of 2005 when there was a shortage of inventory your proposal might have more appeal to a buyer.
While our local market is slowly recovering there is still an oversupply of inventory. In the $140,000 to $145,000 range there are over 70 active, competing listings in the greater Huntsville area. When I filtered those listings for full brick homes that are similar in age and size there were 42 listings. Some of the competing homes are new construction and most were either in the city or much closer to town than your houses.
The link below is to those Huntsville AL homes for sale listings.
NALMLSReports/ListitLib/show_report.aspx?ID=7113260437
The link below is to a summary of recent Huntsville AL MLS activity of properties that have sold or were withdrawn or expired without selling. I included only full brick homes that are similar in age, size and location.
NALMLSReports/ListitLib/show_report.aspx?ID=7113260449
Showing posts with label Huntsville AL MLS. Show all posts
Showing posts with label Huntsville AL MLS. Show all posts
Tuesday, January 29, 2013
Monday, September 10, 2012
Homes of huntsville sales up 3.6%; Huntsville al mls
September 10th, 2012 7:22 PM
SOURCE; ACRE
Homes of Huntsville; Alabama home sales during July 2012 up 3.6 percent from 2011. July new home sales in Alabama's five metro markets, representing approximately seventy percent of all statewide transactions, experienced a 17.5 percent decrease from the prior month. Sixty percent of metro areas have experienced YTD increase in new home sales compared to 2011 with Montgomery (up 24%) posting the best results followed by Tuscaloosa (18%) and Birmingham (15%). YTD new home sales have declined in Mobile (down 22%) and Huntsville (down 6%). Demand: In July, Alabama new home sales were outperformed by the US market which reflected an increase of 25.3 percent from July 2011 and up 3.6 percent from the prior month, according to the US Census Bureau & HUD. The release also reported that the results from the South region were up 9.7 percent from July 2011 but 1.6 percent down from last month. View full sizeAL YTD residential building permits up 4.1% from 2011. Infograph courtesy of ACRE. All rights reserved. Supply: Statewide new construction inventory has declined by approximately 13 percent from last July which is consistent with US trend (down 14%). All metro markets have experienced reductions in inventory since July 2011. Birmingham (down 19%), Mobile (-17%) and Huntsville (-9%) led the state in inventory reduction. Alabama's metro markets in July reflect 4.8 months of new home supply, an increase from 4.6 months of supply in July 2011 and down from 4.1 months from June 2012. According to the US Census Bureau, the US inventory of new homes for sale decreased to 142,000 homes or 4.6 months' supply, also a big improvement from 6.7 months of supply in July 2011 (down 31%). Pricing: Alabama's metro market's median new home sales price in July was $221,886, a decrease of 2.2 percent from last month and an increase of 2.4% when compared to July 2011. New Home Pipeline: July statewide housing starts decreased by 2.5 percent from the prior month and decreased 1.8 percent from July 2011. YTD housing starts are up 3.4%. July statewide building permits were down 3.4 percent from the prior month and 6.2 percent from July 2011. YTD building permits are up 4.1%. Residential Construction Employment: According to the Alabama Dept. of Industrial Relations, statewide residential construction employment was up 1.1 percent (700 jobs) to 61,400 from last month but remains down 6.9 percent or 4,600 workers from July 2011. Local Results: 9 out of the 27 home builder associations (33 - up from 30% in prior month) reported gains in building permits from the prior month (June 2012) while 9 associations (33% - down from 37%) reported gains in housing starts. As the market transitions into the third quarter of 2012, statistical volatility is anticipated. Real estate sales are seasonal and third quarter sales typically begin to gradually decline from the prior "sales peak" second quarter. Through July, seventy-two percent (18 of 25) of the local housing markets have experienced year-to-date (ytd) sales growth from 2011 and that is welcome news for Alabama consumers as well our state's real estate community. On the other hand, continued anemic US job creation/economic growth, strict underwriting standards, uncertainty of election (ie 2013 tax policy) and the global economic slowdown top the list of concerns that market watchers cite as elements that could possibly impact the fragile housing recovery. For other Alabama real estate resources & news, please visit our website and our ACRE blog. The ACRE New Construction Monthly Report is work product stemming from our partnership with the Home Builder's Association of Alabama Foundation. About ACRE. ACRE was founded in 1996 by the Alabama Real Estate Commission, the Alabama Association of REALTORS and the Office of the Dean, UA Culverhouse College of Commerce. ACRE is not a state-funded entity, rather its operates in part because of the goodwill & generosity of our statewide ACRE Partners.
SOURCE; HAAR
Agent Advertising Remarks for ListHub Advertising Remarks are now appearing when entering or changing a listing. in the Huntsville AL MLS. There is some confusion regarding this new field. Below is an explanation of where the different Remarks fields appear: Agent Remarks: These remarks appear on any Agent Report option and are not viewable by anyone but NALMLS member agents. Customer/Public Remarks: These remarks appear on any Customer Report option and travel to Huntsville AL MLS www.valleymls.com, www.realtor.com, and all other Broker/Agent IDX sites. Agent Advertising Remarks: These homes of Huntsville remarks only travel on listings sent to ListHub. ListHub is a portal that distributes our Active Listings (IDX format) to over 90 third party advertising sites such as Zillow and Trulia. You are encouraged to enter your contact information at the beginning of these remarks and then complete with public remarks. WHY do we have this field? As you are aware, your contact information gets really buried on these sites, and agents that pay to advertise get their contact information displayed up front, thus you lose leads! Currently, of the 8000+ active listings in NALMLS, only 1122 active listing have advertising remarks filled in. We cannot start sending Advertising Remarks to ListHub until a reasonable amount of listings contain this field because remarks will be totally blank on these sites. Please take a few minutes and enter information on all of your active listings.
"RISK MANAGEMENT" AND "FORMS" CE CLASSES The following Continuing Education (CE) classes will be offered on Saturday, September 22nd: Risk Management (required)....3 hours of CE credit..9-12 am.....Instructor: Walt Hennessee Forms (elective).......................3 hours of CE credit..1-4 pm.......Instructor: Walt Hennessee There have been many requests to offer these classes during the week, so..... Risk Management (required) will be offered on Tuesday, Sept. 25th, from 5:30PM til 8:30PM, Forms will be offered on Thurs. 27th, from 5:30PM til 8:30PM. The classes will be held at the Rise School of Real Estate located at 3603 Memorial Pkwy SE, Huntsville, AL 35801 (Next to Robin Rents). Parking is available at the back of the building. Cost is $25 (cash or check) for each class....there is no charge for the fun we have. Space is limited, so call (256) 656-3325 to reserve your seat. If you do not want or need the CEs, you are welcome to attend either class at no charge. This is a good opportunity for new agents to be exposed the the Risks associated with our profession and the "tools of our trade", Forms.
SOURCE; ACRE
Homes of Huntsville; Alabama home sales during July 2012 up 3.6 percent from 2011. July new home sales in Alabama's five metro markets, representing approximately seventy percent of all statewide transactions, experienced a 17.5 percent decrease from the prior month. Sixty percent of metro areas have experienced YTD increase in new home sales compared to 2011 with Montgomery (up 24%) posting the best results followed by Tuscaloosa (18%) and Birmingham (15%). YTD new home sales have declined in Mobile (down 22%) and Huntsville (down 6%). Demand: In July, Alabama new home sales were outperformed by the US market which reflected an increase of 25.3 percent from July 2011 and up 3.6 percent from the prior month, according to the US Census Bureau & HUD. The release also reported that the results from the South region were up 9.7 percent from July 2011 but 1.6 percent down from last month. View full sizeAL YTD residential building permits up 4.1% from 2011. Infograph courtesy of ACRE. All rights reserved. Supply: Statewide new construction inventory has declined by approximately 13 percent from last July which is consistent with US trend (down 14%). All metro markets have experienced reductions in inventory since July 2011. Birmingham (down 19%), Mobile (-17%) and Huntsville (-9%) led the state in inventory reduction. Alabama's metro markets in July reflect 4.8 months of new home supply, an increase from 4.6 months of supply in July 2011 and down from 4.1 months from June 2012. According to the US Census Bureau, the US inventory of new homes for sale decreased to 142,000 homes or 4.6 months' supply, also a big improvement from 6.7 months of supply in July 2011 (down 31%). Pricing: Alabama's metro market's median new home sales price in July was $221,886, a decrease of 2.2 percent from last month and an increase of 2.4% when compared to July 2011. New Home Pipeline: July statewide housing starts decreased by 2.5 percent from the prior month and decreased 1.8 percent from July 2011. YTD housing starts are up 3.4%. July statewide building permits were down 3.4 percent from the prior month and 6.2 percent from July 2011. YTD building permits are up 4.1%. Residential Construction Employment: According to the Alabama Dept. of Industrial Relations, statewide residential construction employment was up 1.1 percent (700 jobs) to 61,400 from last month but remains down 6.9 percent or 4,600 workers from July 2011. Local Results: 9 out of the 27 home builder associations (33 - up from 30% in prior month) reported gains in building permits from the prior month (June 2012) while 9 associations (33% - down from 37%) reported gains in housing starts. As the market transitions into the third quarter of 2012, statistical volatility is anticipated. Real estate sales are seasonal and third quarter sales typically begin to gradually decline from the prior "sales peak" second quarter. Through July, seventy-two percent (18 of 25) of the local housing markets have experienced year-to-date (ytd) sales growth from 2011 and that is welcome news for Alabama consumers as well our state's real estate community. On the other hand, continued anemic US job creation/economic growth, strict underwriting standards, uncertainty of election (ie 2013 tax policy) and the global economic slowdown top the list of concerns that market watchers cite as elements that could possibly impact the fragile housing recovery. For other Alabama real estate resources & news, please visit our website and our ACRE blog. The ACRE New Construction Monthly Report is work product stemming from our partnership with the Home Builder's Association of Alabama Foundation. About ACRE. ACRE was founded in 1996 by the Alabama Real Estate Commission, the Alabama Association of REALTORS and the Office of the Dean, UA Culverhouse College of Commerce. ACRE is not a state-funded entity, rather its operates in part because of the goodwill & generosity of our statewide ACRE Partners.
SOURCE; HAAR
Agent Advertising Remarks for ListHub Advertising Remarks are now appearing when entering or changing a listing. in the Huntsville AL MLS. There is some confusion regarding this new field. Below is an explanation of where the different Remarks fields appear: Agent Remarks: These remarks appear on any Agent Report option and are not viewable by anyone but NALMLS member agents. Customer/Public Remarks: These remarks appear on any Customer Report option and travel to Huntsville AL MLS www.valleymls.com, www.realtor.com, and all other Broker/Agent IDX sites. Agent Advertising Remarks: These homes of Huntsville remarks only travel on listings sent to ListHub. ListHub is a portal that distributes our Active Listings (IDX format) to over 90 third party advertising sites such as Zillow and Trulia. You are encouraged to enter your contact information at the beginning of these remarks and then complete with public remarks. WHY do we have this field? As you are aware, your contact information gets really buried on these sites, and agents that pay to advertise get their contact information displayed up front, thus you lose leads! Currently, of the 8000+ active listings in NALMLS, only 1122 active listing have advertising remarks filled in. We cannot start sending Advertising Remarks to ListHub until a reasonable amount of listings contain this field because remarks will be totally blank on these sites. Please take a few minutes and enter information on all of your active listings.
"RISK MANAGEMENT" AND "FORMS" CE CLASSES The following Continuing Education (CE) classes will be offered on Saturday, September 22nd: Risk Management (required)....3 hours of CE credit..9-12 am.....Instructor: Walt Hennessee Forms (elective).......................3 hours of CE credit..1-4 pm.......Instructor: Walt Hennessee There have been many requests to offer these classes during the week, so..... Risk Management (required) will be offered on Tuesday, Sept. 25th, from 5:30PM til 8:30PM, Forms will be offered on Thurs. 27th, from 5:30PM til 8:30PM. The classes will be held at the Rise School of Real Estate located at 3603 Memorial Pkwy SE, Huntsville, AL 35801 (Next to Robin Rents). Parking is available at the back of the building. Cost is $25 (cash or check) for each class....there is no charge for the fun we have. Space is limited, so call (256) 656-3325 to reserve your seat. If you do not want or need the CEs, you are welcome to attend either class at no charge. This is a good opportunity for new agents to be exposed the the Risks associated with our profession and the "tools of our trade", Forms.
Saturday, September 8, 2012
Homes of Huntsville; Homestead
Homes of Huntsville; Where to file homestead
Saturday, September 08 · Edit
Homes of Huntsville; Where to claim homestead exemption September 8th, 2012 5:10 PM
I'm surprised your closing attorney of agent didn't cover this but you can take your deed to the courthouse or an annex to file for homestead exemption. From your house the courthouse would be the closest. If there is not a parking spot on the square park in the lower level of the parking garage on the southwest corner of the square. The entrance is on Fountain Circle just under where the red car is parked at the link below. Park at a meter and enter the courthouse on the west side. The officer at the metal detector will direct you to the license department. If there is a line walk past it. (The link will be for car tag renewals.) Once in the department present you deed, sign a form and you are done. I saw in the MLS you closed in April so you should have your deed by now. https://maps.google.com/maps?q=courthouse+square,+huntsville,+al+35801&hl=en&ll=34.728901,-86.585532&spn=0.001312,0.002637&hq=courthouse+square,&hnear=Huntsville,+Alabama+35801&t=h&z=19 There is also an annex at the Parkway City Mall at the back side on the north end downstairs. It's tucked away in a corner and hard to find.
I hope this helps. Many of my clients like to keep up with Huntsville AL MLS activity in their neighborhood. I set up a notification for you of any new listings / sales or changes to existing listings. If you prefer not to receive the updates, just unsubscribe at the link at the bottom of each email.
The link below is to a summary of all Huntsville AL MLS activity in the neighborhood since 09/01/11. The average sold price was $70 per square foot so it looks like you got a great deal on your Homes of Huntsville purchase. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116335019
I also like to review early loan payoff on your homes of Huntsville and how to save thousands of dollars in mortgage interest with my clients. You should have received a loan amortization with your loan package. Take a look at it. The first 15 years of your loan most of the monthly payment goes towards interest. The first five years it's almost all interest. If you can make any additional payment it's the best return you can get of anything you can do with your money.
Homes of Huntsville; Where to file homestead. Homes of Huntsville; Where to file homestead.
Homes of Huntsville, Huntsville AL MLS
Investment homes of Huntsville; Huntsville AL MLS research
Homes of Huntsville; Huntsville AL MLS Source You Magazine
You may have heard rumblings in the news lately about something called Quantitative Easing, or QE3 for short. If you're in the market to buy or refinance a home, this is one story to follow. Read on to learn why.
What is Quantitative Easing?Quantitative Easing is the concept of the Fed becoming a buyer of Treasuries and Bonds to try and stimulate the economy. Oftentimes, the Fed does Quantitative Easing when they are hoping to achieve the following things:
To create inflation and avoid a deflationary economy
To lower the unemployment rate
To boost Stock prices
Keep in mind that one of the consequences of Quantitative Easing is that the US Dollar will weaken. This makes US exports more affordable abroad, as well as makes imports appear relatively more expensive. This will help large multi-national companies???which have a large influence on the economy and the major Stock market indices???thus stimulating our economy and hopefully our Labor Market, which continues to struggle.
What Happened During the Last Round of Quantitative Easing (QE2)?It's important to understand that home loan rates are tied to Mortgage Bonds, and when Bonds improve, home loan rates typically move lower. History has shown that Bonds and home loan rates typically improve in anticipation of Quantitative Easing, but then worsen once the official announcement is made. Think about the old investing adage: "Buy on the rumor, and sell on the news."
In a speech delivered on August 27, 2010 in Jackson Hole, Wyoming, Fed Chairmen Ben Bernanke mentioned that QE2 may be coming, saying, "I believe that additional purchases of longer-term securities, should the FOMC choose to undertake them, would be effective in further easing financial conditions." But the Fed didn't take action and begin QE2 until November of that year. Bonds and home loan rates enjoyed a nice rally until the actual official announcement was made.
However, once QE2 officially began in November 2010, we saw a big move higher in Stocks. By the time QE2 concluded in June 2011, the S&P 500 had risen 19%. And when investors moved their money into Stocks during this time, Bonds and home loan rates suffered as a result.
The Bottom LineOn August 31st of this year, Bernanke was back in Jackson Hole, Wyoming delivering another Economic Outlook and Monetary Policy. While he did not commit to another round of Quantitative Easing or QE3, he hinted that one was possible.
If rumors of QE3 continue to swirl, we should continue to see great home loan rates leading up to any actual announcement.
But if the Fed decides to move forward with QE3 and Stocks rally like they did during QE2, the Stock rally could come at the expense of the Bond markets???which would in turn push home loan rates higher.
The great news is that home loan rates remain near historic lows, making now a great time to purchase or refinance a home. If you have any questions about your personal situation, or if you're wondering how you can take advantage of today's low rates, contact the person who supplied you with this month's issue of YOU Magazine. Homes of Huntsville; Huntsville AL MLS Source Gary Thomas, 2012 NAR President-Elect
Last week, I had the opportunity to attend the Republican National Convention along with 2012 NAR Treasurer Bill Armstrong and 2012 Vice President and Liaison to Government Affairs Scott Louser in Tampa, Florida. While everyone was nervous about Hurricane Isaac hitting during the convention, it didn???t dampen the enthusiasm for our message that Homeownership Matters to America!
The convention was an outstanding opportunity for REALTORS?? to meet and talk with GOP elected-officials and candidates about the important role that real estate plays in our economy.
We also saw how important it is for REALTORS?? to get involved in the political process. The week before the convention when the platform was being drafted, the committee overlooked including language about protecting the mortgage interest deduction (MID). Shirley Wiseman and April Newland, both REALTORS?? who were on the platform committee, for language that explicitly puts Republicans on record pledging protection of the MID, although it first gives a nod to the party???s priority to seek comprehensive tax reform. If that doesn???t pass, protecting the MID is paramount. It is an excellent example of REALTORS?? being at the right place at the right time.
The Real Estate Roundtable also hosted a panel discussion on the importance of a strong real estate market to creating a robust economic recovery. There were representatives from commercial, hospitality, multifamily, and architects to make the case. I had the opportunity to represent REALTORS??. Homes of Huntsville Our good friend and former REALTOR??, Senator Johnny Isakson was also a member of the panel. We talked about the importance of maintaining federal incentives for homeownership and ensuring that market-stifling high down payments are not the result of a narrow definition of provisions in the Dodd-Frank law. Huntsville AL MLS We all advocated for a broad definition of these provision, just as Congress intended. Senator Isakson was outstanding on the issue since he was involved in writing the language. The Real Estate Round Table will sponsor the same panel at the DNC convention, and 2012 NAR First Vice President Steve Brown will be representing REALTORS??. If you have a chance, Overall it was a remarkable experience, and I was proud to see our REALTOR?? involvement pay off at such a crucial moment.
Gary Thomas, 2012 NAR President-Elect
54 Responses to REALTOR?? Party Storms Grand Old Party huntsville al mls, Homes of Huntsville
The ???Grand-ol-Gop??? has a habit of feathering their own nest, ( and the ones who tag along with them ) without much regard for much of anything/anyone else.
Taxes are too complicated. It???s easy to get lost in the tax deduction trap. Let???s see???.You pay the govenment $1 in taxes and they give you 25 cents back as a deduction? Sounds like a good deal for the government. They gain 75 cents every time and you lose 75 cents every time.
Why would you need any deduction if there was NO tax in the first place? Now that???s TAX reform!
As I read this post, what jumped out to me was exactly the concern noted by Dick ??? Sep 5 ??? I really am starting to wonder what is the GOP ???vision??? for the future of this country. I beginning to suspect there is no ???vision??? ??? just mantra ??? (1) no tax and (2) no government ??? except to dictate to females.
Carl Halessays:
I personally think the importance of MID is very much overblown. First, there are many home buyers who do not pay any income taxes; secondly the difference in what they would pay without the deduction is not that great except for the very high income individuals. Most decisipons to buy are NOT based on MID>
Tags: homes of huntsville; huntsville al mls
Homes of Huntsville; Huntsville AL MLS Source You Magazine
You may have heard rumblings in the news lately about something called Quantitative Easing, or QE3 for short. If you're in the market to buy or refinance a home, this is one story to follow. Read on to learn why.
What is Quantitative Easing?Quantitative Easing is the concept of the Fed becoming a buyer of Treasuries and Bonds to try and stimulate the economy. Oftentimes, the Fed does Quantitative Easing when they are hoping to achieve the following things:
To create inflation and avoid a deflationary economy
To lower the unemployment rate
To boost Stock prices
Keep in mind that one of the consequences of Quantitative Easing is that the US Dollar will weaken. This makes US exports more affordable abroad, as well as makes imports appear relatively more expensive. This will help large multi-national companies???which have a large influence on the economy and the major Stock market indices???thus stimulating our economy and hopefully our Labor Market, which continues to struggle.
What Happened During the Last Round of Quantitative Easing (QE2)?It's important to understand that home loan rates are tied to Mortgage Bonds, and when Bonds improve, home loan rates typically move lower. History has shown that Bonds and home loan rates typically improve in anticipation of Quantitative Easing, but then worsen once the official announcement is made. Think about the old investing adage: "Buy on the rumor, and sell on the news."
In a speech delivered on August 27, 2010 in Jackson Hole, Wyoming, Fed Chairmen Ben Bernanke mentioned that QE2 may be coming, saying, "I believe that additional purchases of longer-term securities, should the FOMC choose to undertake them, would be effective in further easing financial conditions." But the Fed didn't take action and begin QE2 until November of that year. Bonds and home loan rates enjoyed a nice rally until the actual official announcement was made.
However, once QE2 officially began in November 2010, we saw a big move higher in Stocks. By the time QE2 concluded in June 2011, the S&P 500 had risen 19%. And when investors moved their money into Stocks during this time, Bonds and home loan rates suffered as a result.
The Bottom LineOn August 31st of this year, Bernanke was back in Jackson Hole, Wyoming delivering another Economic Outlook and Monetary Policy. While he did not commit to another round of Quantitative Easing or QE3, he hinted that one was possible.
If rumors of QE3 continue to swirl, we should continue to see great home loan rates leading up to any actual announcement.
But if the Fed decides to move forward with QE3 and Stocks rally like they did during QE2, the Stock rally could come at the expense of the Bond markets???which would in turn push home loan rates higher.
The great news is that home loan rates remain near historic lows, making now a great time to purchase or refinance a home. If you have any questions about your personal situation, or if you're wondering how you can take advantage of today's low rates, contact the person who supplied you with this month's issue of YOU Magazine. Homes of Huntsville; Huntsville AL MLS Source Gary Thomas, 2012 NAR President-Elect
Last week, I had the opportunity to attend the Republican National Convention along with 2012 NAR Treasurer Bill Armstrong and 2012 Vice President and Liaison to Government Affairs Scott Louser in Tampa, Florida. While everyone was nervous about Hurricane Isaac hitting during the convention, it didn???t dampen the enthusiasm for our message that Homeownership Matters to America!
The convention was an outstanding opportunity for REALTORS?? to meet and talk with GOP elected-officials and candidates about the important role that real estate plays in our economy.
We also saw how important it is for REALTORS?? to get involved in the political process. The week before the convention when the platform was being drafted, the committee overlooked including language about protecting the mortgage interest deduction (MID). Shirley Wiseman and April Newland, both REALTORS?? who were on the platform committee, for language that explicitly puts Republicans on record pledging protection of the MID, although it first gives a nod to the party???s priority to seek comprehensive tax reform. If that doesn???t pass, protecting the MID is paramount. It is an excellent example of REALTORS?? being at the right place at the right time.
The Real Estate Roundtable also hosted a panel discussion on the importance of a strong real estate market to creating a robust economic recovery. There were representatives from commercial, hospitality, multifamily, and architects to make the case. I had the opportunity to represent REALTORS??. Homes of Huntsville Our good friend and former REALTOR??, Senator Johnny Isakson was also a member of the panel. We talked about the importance of maintaining federal incentives for homeownership and ensuring that market-stifling high down payments are not the result of a narrow definition of provisions in the Dodd-Frank law. Huntsville AL MLS We all advocated for a broad definition of these provision, just as Congress intended. Senator Isakson was outstanding on the issue since he was involved in writing the language. The Real Estate Round Table will sponsor the same panel at the DNC convention, and 2012 NAR First Vice President Steve Brown will be representing REALTORS??. If you have a chance, Overall it was a remarkable experience, and I was proud to see our REALTOR?? involvement pay off at such a crucial moment.
Gary Thomas, 2012 NAR President-Elect
54 Responses to REALTOR?? Party Storms Grand Old Party huntsville al mls, Homes of Huntsville
The ???Grand-ol-Gop??? has a habit of feathering their own nest, ( and the ones who tag along with them ) without much regard for much of anything/anyone else.
Taxes are too complicated. It???s easy to get lost in the tax deduction trap. Let???s see???.You pay the govenment $1 in taxes and they give you 25 cents back as a deduction? Sounds like a good deal for the government. They gain 75 cents every time and you lose 75 cents every time.
Why would you need any deduction if there was NO tax in the first place? Now that???s TAX reform!
As I read this post, what jumped out to me was exactly the concern noted by Dick ??? Sep 5 ??? I really am starting to wonder what is the GOP ???vision??? for the future of this country. I beginning to suspect there is no ???vision??? ??? just mantra ??? (1) no tax and (2) no government ??? except to dictate to females.
Carl Halessays:
I personally think the importance of MID is very much overblown. First, there are many home buyers who do not pay any income taxes; secondly the difference in what they would pay without the deduction is not that great except for the very high income individuals. Most decisipons to buy are NOT based on MID>
Tags: homes of huntsville; huntsville al mls
Wednesday, September 5, 2012
Homes of huntsville; Huntsville AL mls
Homes of Huntsville; we generally don't see a substantial increase in sales price on homes with pools verses those that don't
September 5th, 2012 1:30 PM
The square footage of the house you asked about at the link below is 2,583. (Note the third section of the Huntsville AL MLS listing at the left hand side.) It is listed as 11 - 15 years old. ( Last section of the listing at the top left.) http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116318196 The link below is to the Google satellite image and interactive street view. https://maps.google.com/maps?q=112+RADISSON+LANE,+MADISON,+AL+35758&hl=en&ll=34.7446,-86.752451&spn=0.000359,0.000659&hnear=112+Radisson+Ln,+Madison,+Alabama+35758&t=h&z=21
The links below are to data on the schools that server the home; http://www.schooldigger.com/go/AL/schools/0000802097/school.aspx http://www.schooldigger.com/go/AL/schools/0000801798/school.aspx http://www.schooldigger.com/go/AL/schools/0000800831/school.aspx This cycle the house has been on market since 06/07/12. There have been three price reductions. The seller listed the house for sale in 2009 - 2010 as well at $254,900. The link below is to the archived listing where the owner purchased the house in 2004 at $208,700 with his seller paying $3,000 of his closing. Assuming normal fees, transaction costs and a $3,000 seller contribution to purchaser closing costs, seller's break even point on a sale is in the $212,000 range. The house is occupied. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116318205 The house is listed at $83 per square foot. They link below is to a summary of Huntsville AL MLS activity of homes of huntsville in the neighborhood since 09/01/11. Of the two sales, the average sold price was $88 per square foot. Note that both of the sales were of smaller one story homes. Larger and two story homes in teh same neighborhood will trend a lower per square foot sales price than smaller one story homes. While the homes does have a pool, we generally don't see a substantial increase in sales price on homes with pools verses those that don't. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116318214
Wednesday, August 29, 2012
Homes of huntsville
inShare
Homes of Huntsville investors/ property management / relocating (Draft) (edit/delete)
Market recovery driven by investors;Investors are buying homes at a more rapid pace than ever before, and this time their investments actually make sense. Most are buying homes below replacement cost, or at prices that allow for a reasonable rental return.
Across the 167 metro areas we analyzed, investor activity rose to 29.6% of all transactions in the first quarter of this year, up from the trough of 23.6% in Q4 2009. Our research leads us to believe Q2 activity exceeds Q1, and since last quarter, investor activity has already spiked 2%!
Investor activity has returned to the markets where investors got burned the most. These markets include Miami, Phoenix, Las Vegas, Sacramento, and Riverside (CA). Some markets are now completely dominated by investors, such as Las Vegas (50% of all activity) and Phoenix (46%).We've helped several clients purchase homes of Huntsville without having physically seen them first and can give you a lot of additional information on candidate homes, neighborhoods and areas. We can preview homes, provide our impressions and lots of additional photography. I am however always uneasy until clients are able to see the house and get settled in. If there is any possible way it's best to make at least a short house hunting trip or haveSmall markets are also attractive to investors, especially in inland California (Merced, Modesto, Bakersfield, Vallejo, etc.) and second home buyers are also sensing the bargains, causing huge increases in Naples, The Villages, Tucson and Panama City.
The naysayers will surely point to these facts as a false recovery. While they are technically correct, we are not concerned at all, and are embracing the return of private capital. Most of these investors are paying all cash and buying homes below replacement cost. They are helping the market recover by removing supply at the low end of the market and driving real buyers to higher price points, including new homes. We don’t see a scenario where they dump their homes en masse on the market unless it becomes crystal clear that home prices are headed down again.
Normal wear and tear in rental properties;Source; Sarah Taggart law firm;In the past several weeks our law firm has seen a dramatic increase in the number of small claims court disputes regarding security deposits. This month we are going to discuss the legal concept of "reasonable wear and tear" and the security deposit.
Classically, a security deposit is designed to ensure that the rental premises are returned to the landlord in roughly the same condition that they were leased out, minus "reasonable wear and tear". That phrase often confuses landlords - the tendency is to think that all tenant-caused "damage" (or dirt) is the proper province of a security deposit OR that the security deposit can be used to help defray the costs of "turning" a unit.
That is not the case. "Reasonable wear and tear" includes deterioration of the rental premises that occurs during normal conditions. For example, paint may fade, electrical switches may wear out and break, pull strings on blinds may fray or break, carpet and tile may wear down. These things happen even if the tenant cleans regularly and cares for the premises reasonably. "Damage", on the other hand, occurs from "unreasonable use" and can include extreme build up of dirt or grime, stains on the carpets, broken windows, scorch marks on granite. As a general rule, the longer the length of the tenancy, the more "wear and tear" is reasonable. I find that if landlords look at the security deposit as a damage deposit they are less inclined to make questionable deductions.
Making questionable deductions from a security deposit can be a costly mistake: as noted above, many tenants will sue in small claims to recoup their deposit. The burden of proof is on the landlord to establish that damages exceed "reasonable wear and tear". Proper documentation, including a move-in inspection and photographs, are essential. You must also send the tenant a letter within 35 days of the "end" of the tenancy itemizing any deductions.
Also: routine "cleaning fees" or "carpet cleaning fees" that are always assessed is not a good practice. Each rental premises should be evaluated individually before you begin deducting from the deposit
family or colleagues view candidate homes first.
Huntsville Houses Search the huntsville al mls for huntsville houses for sale in huntsville at http://www. Huntsville-homes. Com/huntsville-houses-for-sale. Com no registration required. Request automated real estate search. Get the market value of your huntsville houses
The U.S. Bureau of Labor Statistics (BLS) reported that the July, 2012 unemployment rate jumped to 8.3% That’s bad. It means 12.9 million people are without work. And since it is easy to read such statistics without much thought, let’s emphasize it a bit. In the United States alone, 12,922,618 people are “newly” unemployed. These are moms and dads who worry about feeding their children, keeping their homes, and clothing themselves. It’s the equivalent of the entire population of Switzerland and New Zealand – COMBINED. But it’s far worse than that, really. A more accurate unemployment figure for the United States is 15.1%. And we’re not pulling that data from some anti-government site either. No, it’s a figure that comes directly from the U.S. government itself. You see, most Americans don’t realize it, but the government actually tracks 6 different unemployment figures (labeled as U1 thru U6). Since incumbent administrations (of either party) don’t want bad unemployment numbers pinned to them, they only publish a lower figure as the “official” unemployment rate. Currently, the U3 is the published, “headline” rate. That’s what’s at 8.3%. The higher fifteen percent number we mentioned above is the U6 rate, which includes those who have given up looking for jobs in the “short-term.” That means there are far more jobless people in the United States than you might think. 23.5 million, to be precise. That’s more than the entire population of Australia! Up until 1994, the government also tracked another figure. It included long-term “discouraged workers” (as they are officially called). These were people who had given up looking for a job longer-term, or who were forced to work part-time in a low-paying job because they couldn’t find anything else. The government didn’t like these people mucking up its numbers. They didn’t paint a rosy picture. So these folks were conveniently dropped from any official statistic of the U.S. government. The U.S. Bureau of Labor Statistics doesn’t even track these people at all anymore. The government says they don’t count. But John Williams, an economist who runs ShadowStats.com, thinks they do count. So he continues to compile this information. He calls it the SGS Alternate. The latest chart with data since 1994 is to the right. Using the same analysis model the government used to use, he calculates the true number of people currently out of work at 23.6%. That’s a whopping 36.7 million Americans. That’s more than the entire population of Canada! Still not convinced? CNN wasn’t so sure either, so they did their own investigation earlier this year. Their report in May 2012 found that ShadowStats.com -- and the government -- may have it ALL wrong. A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. This year, only 63.6% of Americans over the age of 16 fell into that category, according to the Labor Department. That means the remainder are not working or not looking. That number now stands at 86 Million people. That includes people who are retired, in school or staying home to raise kids. These are people who truly aren’t looking for work. But when CNN filtered those people out, they still came up with between 36-58 million people in the U.S. who are involuntarily jobless ... or who are working part time because they can’t find anything better. This is a staggering number. It means these people are either draining their savings and retirement funds to survive, or relying on government assistance to get by.
Key words;
Homes of Huntsville, huntsville mls, huntsville al mls
Tags: homes of huntsville, huntsville al mls, huntsville mls
Homes of Huntsville investors/ property management / relocating (Draft) (edit/delete)
Market recovery driven by investors;Investors are buying homes at a more rapid pace than ever before, and this time their investments actually make sense. Most are buying homes below replacement cost, or at prices that allow for a reasonable rental return.
Across the 167 metro areas we analyzed, investor activity rose to 29.6% of all transactions in the first quarter of this year, up from the trough of 23.6% in Q4 2009. Our research leads us to believe Q2 activity exceeds Q1, and since last quarter, investor activity has already spiked 2%!
Investor activity has returned to the markets where investors got burned the most. These markets include Miami, Phoenix, Las Vegas, Sacramento, and Riverside (CA). Some markets are now completely dominated by investors, such as Las Vegas (50% of all activity) and Phoenix (46%).We've helped several clients purchase homes of Huntsville without having physically seen them first and can give you a lot of additional information on candidate homes, neighborhoods and areas. We can preview homes, provide our impressions and lots of additional photography. I am however always uneasy until clients are able to see the house and get settled in. If there is any possible way it's best to make at least a short house hunting trip or haveSmall markets are also attractive to investors, especially in inland California (Merced, Modesto, Bakersfield, Vallejo, etc.) and second home buyers are also sensing the bargains, causing huge increases in Naples, The Villages, Tucson and Panama City.
The naysayers will surely point to these facts as a false recovery. While they are technically correct, we are not concerned at all, and are embracing the return of private capital. Most of these investors are paying all cash and buying homes below replacement cost. They are helping the market recover by removing supply at the low end of the market and driving real buyers to higher price points, including new homes. We don’t see a scenario where they dump their homes en masse on the market unless it becomes crystal clear that home prices are headed down again.
Normal wear and tear in rental properties;Source; Sarah Taggart law firm;In the past several weeks our law firm has seen a dramatic increase in the number of small claims court disputes regarding security deposits. This month we are going to discuss the legal concept of "reasonable wear and tear" and the security deposit.
Classically, a security deposit is designed to ensure that the rental premises are returned to the landlord in roughly the same condition that they were leased out, minus "reasonable wear and tear". That phrase often confuses landlords - the tendency is to think that all tenant-caused "damage" (or dirt) is the proper province of a security deposit OR that the security deposit can be used to help defray the costs of "turning" a unit.
That is not the case. "Reasonable wear and tear" includes deterioration of the rental premises that occurs during normal conditions. For example, paint may fade, electrical switches may wear out and break, pull strings on blinds may fray or break, carpet and tile may wear down. These things happen even if the tenant cleans regularly and cares for the premises reasonably. "Damage", on the other hand, occurs from "unreasonable use" and can include extreme build up of dirt or grime, stains on the carpets, broken windows, scorch marks on granite. As a general rule, the longer the length of the tenancy, the more "wear and tear" is reasonable. I find that if landlords look at the security deposit as a damage deposit they are less inclined to make questionable deductions.
Making questionable deductions from a security deposit can be a costly mistake: as noted above, many tenants will sue in small claims to recoup their deposit. The burden of proof is on the landlord to establish that damages exceed "reasonable wear and tear". Proper documentation, including a move-in inspection and photographs, are essential. You must also send the tenant a letter within 35 days of the "end" of the tenancy itemizing any deductions.
Also: routine "cleaning fees" or "carpet cleaning fees" that are always assessed is not a good practice. Each rental premises should be evaluated individually before you begin deducting from the deposit
family or colleagues view candidate homes first.
Huntsville Houses Search the huntsville al mls for huntsville houses for sale in huntsville at http://www. Huntsville-homes. Com/huntsville-houses-for-sale. Com no registration required. Request automated real estate search. Get the market value of your huntsville houses
The U.S. Bureau of Labor Statistics (BLS) reported that the July, 2012 unemployment rate jumped to 8.3% That’s bad. It means 12.9 million people are without work. And since it is easy to read such statistics without much thought, let’s emphasize it a bit. In the United States alone, 12,922,618 people are “newly” unemployed. These are moms and dads who worry about feeding their children, keeping their homes, and clothing themselves. It’s the equivalent of the entire population of Switzerland and New Zealand – COMBINED. But it’s far worse than that, really. A more accurate unemployment figure for the United States is 15.1%. And we’re not pulling that data from some anti-government site either. No, it’s a figure that comes directly from the U.S. government itself. You see, most Americans don’t realize it, but the government actually tracks 6 different unemployment figures (labeled as U1 thru U6). Since incumbent administrations (of either party) don’t want bad unemployment numbers pinned to them, they only publish a lower figure as the “official” unemployment rate. Currently, the U3 is the published, “headline” rate. That’s what’s at 8.3%. The higher fifteen percent number we mentioned above is the U6 rate, which includes those who have given up looking for jobs in the “short-term.” That means there are far more jobless people in the United States than you might think. 23.5 million, to be precise. That’s more than the entire population of Australia! Up until 1994, the government also tracked another figure. It included long-term “discouraged workers” (as they are officially called). These were people who had given up looking for a job longer-term, or who were forced to work part-time in a low-paying job because they couldn’t find anything else. The government didn’t like these people mucking up its numbers. They didn’t paint a rosy picture. So these folks were conveniently dropped from any official statistic of the U.S. government. The U.S. Bureau of Labor Statistics doesn’t even track these people at all anymore. The government says they don’t count. But John Williams, an economist who runs ShadowStats.com, thinks they do count. So he continues to compile this information. He calls it the SGS Alternate. The latest chart with data since 1994 is to the right. Using the same analysis model the government used to use, he calculates the true number of people currently out of work at 23.6%. That’s a whopping 36.7 million Americans. That’s more than the entire population of Canada! Still not convinced? CNN wasn’t so sure either, so they did their own investigation earlier this year. Their report in May 2012 found that ShadowStats.com -- and the government -- may have it ALL wrong. A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. This year, only 63.6% of Americans over the age of 16 fell into that category, according to the Labor Department. That means the remainder are not working or not looking. That number now stands at 86 Million people. That includes people who are retired, in school or staying home to raise kids. These are people who truly aren’t looking for work. But when CNN filtered those people out, they still came up with between 36-58 million people in the U.S. who are involuntarily jobless ... or who are working part time because they can’t find anything better. This is a staggering number. It means these people are either draining their savings and retirement funds to survive, or relying on government assistance to get by.
Key words;
Homes of Huntsville, huntsville mls, huntsville al mls
Tags: homes of huntsville, huntsville al mls, huntsville mls
Monday, August 20, 2012
homes of huntsville
Source; Alabama Real Estate. ACRE
July residential sales of homes of Huntsville totaling 414 units in greater Huntsville/Madison County area represent a 5.3 percent slip compared to July 2011.
July represents the first month since November 2011 that the sales growth percentage did not increase when compared to the same month from the prior year.
Huntsville residential* sales for July '12 totaled 414 units, representing a decrease of 23 transactions when compared to 437 units that were sold in July '11.
By Product Type (% of Total Sales)
2012 2011
Existing SF: 294 (71%) 307 (70%)
Condo: 12 (3%) 8 (2%)
New Const. 108 (26%) 122 (28%)
*Residential = existing single family, condo, & new construction The median selling price in Huntsville in July 2012 was $178,000, a 3.8 percent decrease from July 2011's median selling price of $185,000.
By Product Type (Y-O-Y Comparison)
2012 2011
Existing SF: $155,950 $160,000
Condo: $109,000 $68,000
Monthly Indicators
Recent Figures
Trends
Total Residential Sales
Current Month
July
2012
414
vs. Prior Month
June
2012
462
-10.4%
vs. Last Year
July
2011
437
-5.3%
vs. 5-Yr Avg
July
'07-'11
492
-15.8%
vs. Peak
July
2007
632
-34.5%
vs. Trough
July
2010
353
17.3%
Sales Pace Mirrors…
July
2011
437
-5.3%
ACRE Commentary
Historical Home Sales
Graph: July 2007 - 2012
July
2011
437
(By month)
"Historical data indicates that July residential sales on average („07-„11) decrease from the month of June by 5.8 percent. July 2012 sales decreased by 10.4 percent from the prior month."
July
2010
353
July
2009
497
July
2008
539
July
2007
632
5- Year Avg:
492
3- Year Avg:
429
Median Sales Price
Current Month
July
2012
178,000
vs. Prior Month
June
2012
175,000
1.7%
vs. Last Year
July
2011
185,000
-3.8%
vs. 5-Yr Avg
July
'07-'11
181,960
-2.2%
Year to Date
July
2011
166,307
vs.Prior Year
July
2010
173,374
-4.1%
Median Peak
July
2010
200,000
-11.0%
Trough
July
2007
174,900
1.8%
ACRE Commentary
Historical Median Selling Price
Graph: July 2007 - 2012
July
2011
185,000
(By month)
"Historical data indicates that July median sales prices on average („07-„11) increase by 2.9 percent from the month of June. The current median price increased by 1.7 percent from the prior month."
July
2010
200,000
July
2009
175,000
July
2008
174,900
July
2007
174,900
5- Year Avg:
181,960
3- Year Avg:
186,667
New Const: $250,000 $249,344 632 414 340 390 440 490 540 590 640 Huntsville: Total Residential Sales 174,900 200,000 178,000 $171,000 $176,000 $181,000 $186,000 $191,000 $196,000 $201,000 Huntsville: Median Residential Price
Huntsville Alabama Homes For Sale Using the huntsville al mls (valley mls) can be difficult. Just let us know what type of homes for sale in huntsville you are looking for and we can search for you. We can also set up an automated search.
July residential sales of homes of Huntsville totaling 414 units in greater Huntsville/Madison County area represent a 5.3 percent slip compared to July 2011.
July represents the first month since November 2011 that the sales growth percentage did not increase when compared to the same month from the prior year.
Huntsville residential* sales for July '12 totaled 414 units, representing a decrease of 23 transactions when compared to 437 units that were sold in July '11.
By Product Type (% of Total Sales)
2012 2011
Existing SF: 294 (71%) 307 (70%)
Condo: 12 (3%) 8 (2%)
New Const. 108 (26%) 122 (28%)
*Residential = existing single family, condo, & new construction The median selling price in Huntsville in July 2012 was $178,000, a 3.8 percent decrease from July 2011's median selling price of $185,000.
By Product Type (Y-O-Y Comparison)
2012 2011
Existing SF: $155,950 $160,000
Condo: $109,000 $68,000
Monthly Indicators
Recent Figures
Trends
Total Residential Sales
Current Month
July
2012
414
vs. Prior Month
June
2012
462
-10.4%
vs. Last Year
July
2011
437
-5.3%
vs. 5-Yr Avg
July
'07-'11
492
-15.8%
vs. Peak
July
2007
632
-34.5%
vs. Trough
July
2010
353
17.3%
Sales Pace Mirrors…
July
2011
437
-5.3%
ACRE Commentary
Historical Home Sales
Graph: July 2007 - 2012
July
2011
437
(By month)
"Historical data indicates that July residential sales on average („07-„11) decrease from the month of June by 5.8 percent. July 2012 sales decreased by 10.4 percent from the prior month."
July
2010
353
July
2009
497
July
2008
539
July
2007
632
5- Year Avg:
492
3- Year Avg:
429
Median Sales Price
Current Month
July
2012
178,000
vs. Prior Month
June
2012
175,000
1.7%
vs. Last Year
July
2011
185,000
-3.8%
vs. 5-Yr Avg
July
'07-'11
181,960
-2.2%
Year to Date
July
2011
166,307
vs.Prior Year
July
2010
173,374
-4.1%
Median Peak
July
2010
200,000
-11.0%
Trough
July
2007
174,900
1.8%
ACRE Commentary
Historical Median Selling Price
Graph: July 2007 - 2012
July
2011
185,000
(By month)
"Historical data indicates that July median sales prices on average („07-„11) increase by 2.9 percent from the month of June. The current median price increased by 1.7 percent from the prior month."
July
2010
200,000
July
2009
175,000
July
2008
174,900
July
2007
174,900
5- Year Avg:
181,960
3- Year Avg:
186,667
New Const: $250,000 $249,344 632 414 340 390 440 490 540 590 640 Huntsville: Total Residential Sales 174,900 200,000 178,000 $171,000 $176,000 $181,000 $186,000 $191,000 $196,000 $201,000 Huntsville: Median Residential Price
Huntsville Alabama Homes For Sale Using the huntsville al mls (valley mls) can be difficult. Just let us know what type of homes for sale in huntsville you are looking for and we can search for you. We can also set up an automated search.
Wednesday, August 15, 2012
Huntsville AL MLS
With prices depressed and interest rates low now is a good time to consider it. If you plan on being in Huntsville for three or more years it might be a good move financially.
For $1,100 per month including taxes and insurance and a 3.5% no down payment rural housing loan you could purchase in the $215,000 range. There are a good number of available homes (Including the one you rent.) in the Central district that might be candidates in the Huntsville AL MLS at the link below.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116218822
When you consider the tax benefits of deducting mortgage interest from your income taxes, there is a grater financial advantage.
If you do have an interest in purchasing, even if it is the home you rent please let us know. We can have a trusted lender contact you for a loan preapproval, research market values, negate for you and watch out for your best interests.
For $1,100 per month including taxes and insurance and a 3.5% no down payment rural housing loan you could purchase in the $215,000 range. There are a good number of available homes (Including the one you rent.) in the Central district that might be candidates in the Huntsville AL MLS at the link below.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116218822
When you consider the tax benefits of deducting mortgage interest from your income taxes, there is a grater financial advantage.
If you do have an interest in purchasing, even if it is the home you rent please let us know. We can have a trusted lender contact you for a loan preapproval, research market values, negate for you and watch out for your best interests.
Tuesday, August 14, 2012
Huntsville real estate, Huntsville AL MLS
Huntsville real estate; Research of homes on the Huntsville AL MLS
August 14th, 2012 9:28 AM
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718950742 The house on Baine is cute but the seller has attempted hide some severe foundation problems by getting ivy to grow on some large cracks in the brick and foundation.The house on Delcrest has a very steep lot. Even if that is not an issue for you. It will make an eventual resale more difficult.
Tax records are notoriously inaccurate. It is possible to provide current information to the assessor. That the listing shows 3 acres and the tax records 2.9 acres is not surprising. The original listing agent got the data from seller. Sellers are prone to pad acreage and square feet. IN all cases, especially when a property is bank owned, it is best to confirm all the data that is critical to making a decision.
The link below is to the photos of the house that I took today. I included photos of the large unfinished storage area as well. http://picasaweb.google.com/philipwinburn/2613FANELLECIRCLE35801# The links below are to the schools that serve the property. http://www.schooldigger.com/go/AL/schools/0180000634/school.aspx http://www.schooldigger.com/go/AL/schools/0180000632/school.aspx http://www.schooldigger.com/go/AL/schools/0180000631/school.aspx The Fanelle house is listed at $86 psf (per square foot) The link below is to all MLS activity in the neighborhood since 1/1/11 http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945243 The average sold price was $106 psf with a range of $94 to $120 psf. There are two active listings averaging $97 psf. The link below is to the Google interactive street view. http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=2613+FANELLE+CIRCLE,+35801&sll=37.0625,-95.677068&sspn=22.431602,49.130859&ie=UTF8&ll=34.713749,-86.55982&spn=0.011324,0.02399&z=15&iwloc=addr&layer=c&cbll=34.710178,-86.559836&panoid=ZlbzmY4-KGlGGJGlVY8oTg&cbp=12,84.13309846934635,,0,5 The link below is to the Google aerial image, http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=2613+FANELLE+CIRCLE,+35801&sll=34.710362,-86.560035&sspn=0,359.988005&g=2613+FANELLE+CIRCLE,+35801&ie=UTF8&ll=34.710362,-86.559831&spn=0.000708,0.001499&t=h&z=19&iwloc=addr The link below is to the full listing of the house on 2607 Scenic Drive. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945233 The house is listed at $86 psf. The link below is to all MLS activity in the neighborhood since 01/01/08.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945249 While the average sold price was $101 psf, the subject property is much larger than the comparables. To a degree the upper sales price of a neighborhood will be held down by smaller properties in the neighborhood. The house is located at the back of the neighborhood on a street with a few other larger houses.
http://www.schooldigger.com/go/AL/schools/0180000630/school.aspx
Huntsville AL MLS Acess the Huntsville MLS / Valley MLS to search for every available Huntsville real estate for sale without having to register. Request an automated search to recive notification of new listings.
Please follow link to photos. http://picasaweb.google.com/philipwinburn/209Jarrett#
The following link it to an old listing. It will give square feet, room size, address and driving directions. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945112
Monday, August 13, 2012
Huntsville AL real estate for sale, Huntsville AL MLS
Huntsville AL real estate for sale; Huntsville real estate market research
August 13th, 2012 6:22 PM
The link below is to the listing of your property and the only sale in the same subdivision. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945347 The other property sold at $289,000 / $98 psf (per square foot) Looking for properties in the same elementary school area that are similar in size and age as yours we only found one sale at the link below. The one sale was at $386,500 / $80.52 per square foot. There are ten active listings that haven't sold. The average list price is $111 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945351 It looks like sales of properties of the size and in the location of yours has really taken a hit. Just based on the sales data above Something in the $81 to $95 psf range ( $348,000 to $408,000 ) might be the best we could expect. On the Gilmore house. The link below is where we had the house listed for sale at $189,900 and it didn't sell after four months on market. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718950731 The link below is to two sales and one active listing in the neighborhood. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718950733 The one active listing is listed at $139,900 / $79 psf (per square foot). It has been on market since 6/14/08 or seven months without selling. The average sold price was $144,150/ $71 psf. The average days on market were quite high at 242 indicating the properties sold at near the top of what the market will bear. Based on the average sold price we could expect to sell in the $160,000 range.
Homes for sale in Huntsville Research all Homes for sale in Huntsville and request automated real estate searches. Huntsville rental homes huntsville real estate for sale and property management http://www.huntsville-homes.com/Huntsville-houses-for-sale
The full listing of the property you asked about is at the link below. The address and driving directions are included. You can click on the photo for additional photos and on the address for a map of the approximate location of the property. On the map, you can click on hybrid for a satellite image overlay. In some cases there will also be an interactive street level image. You can click on the zip code to link to the US Census data for the zip code area. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945330 Please let us know if you have specific questions or if we can schedule a showing of this property for you. The property has been on market since 11/06/08 and has had one price reduction. The link below is to all MLS activity of similar in age in the neighborhood since 1/1/08. This information will help you get a better feel for the neighborhood and market values of properties there. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718945342 The subject property is listed at $90 psf (per square foot). The average sold price was $83 psf with a range of $54 to $94 psf. The average days on market were low at 34 days. I think the property is priced within the market range but that there is probably room to negotiate on price. We can set up an automated search for properties that meet your search terms. Just let us know what you are looking for and we can do the rest. http://www.huntsville-homes.com/Automatedrealestatesearch We thought you may have an interest in two excellent resources for researching schools http://www.schooldigger.com/go/AL/search.aspx and http://www.greatschools.net/modperl/go/AL.
Huntsville AL real estate for sale.
Saturday, August 11, 2012
Huntsville Al real estate; sales up from 2011
Huntsville AL real estate; New home sales up almost 7% from 2011
August 11th, 2012 11:38 AM
Source; ACRE New Construction Monthly Report
Alabama new home sales during the 2nd quarter of 2012 were 6.6 percent higher than the same period in 2011. Year-to-date (YTD) through June, sales are up 8.7 percent from 2011. June residential sales in Alabama experienced a growth rate of 6.0 percent when compared to June 2011. June new home sales in Alabama's five metro markets, representing approximately seventy percent of all statewide transactions, experienced a 16.6 percent increase from the prior month. Sixty percent of metro areas have experienced YTD increase in new home sales compared to 2011 with Montgomery (up 46%) posting the best results followed by Birmingham (25%) and Tuscaloosa (17%). YTD new home sales have declined in Mobile (down 23%) and for Huntsville AL real estate (down 5%). Demand: In June, Alabama new home sales outperformed the US market which reflected an increase of 15.1 percent from June 2011 but an 8.4 percent decline from the prior month, according to the US Census Bureau & HUD. The release also reported that the results from the South region were up 6.5 percent from June 2011 but 8.6 percent down last month. Supply: Statewide new construction inventory has declined by approximately 13 percent from last June which is consistent with US trend (down 24%). All metro markets have experienced reductions in inventory since June 2011. Birmingham (down 20%), Mobile (-10%) and Tuscaloosa (-9%) led the state in inventory reduction. Alabama's metro markets in June reflect 4.1 months of new home supply, a significant improvement from 4.9 months of supply in June 2011 and down from 4.9 months from May 2012. According to the US Census Bureau, the US inventory of new homes for sale decreased to 144,000 homes or 4.9 months' supply, also a big improvement from 6.6 months of supply in June 2011 (down 25%). Pricing: Alabama's metro market's median new home sales price in June was $226,766, an increase of 8.2 percent from last month and an increase of 13.9% when compared to June 2011. View full sizeAL YTD residential building permits rise 6.2% from 2011. Infograph courtesy of ACRE. All rights reserved. New Home Pipeline (see graph): June statewide housing starts increased by .6 percent from the prior month and increased 7.8 percent from June 2011. YTD housing starts are up 4.3%. June statewide building permits were down 6.2 percent from the prior month and 2.2 percent from May 2011. YTD building permits are up 6.2%. Residential Construction Employment: According to the Alabama Dept. of Industrial Relations, statewide residential construction employment was up .2 percent (100 jobs) to 60,800 from last month but remains down 8.9 percent or 6,000 workers from June. Local Results: 8 out of the 27 home builder associations (30% - down from 37% in prior month) reported gains in building permits from the prior month (May 2012) while 10 associations (37% - down from 70%) reported gains in housing starts. Favorable weather conditions have positively impacted new home construction in recent months. The new home industry is expected to gradually improve in 2012 and beyond as the general consensus is that the worst market conditions are in the rearview mirror. One caveat, weak overall US job creation and uncertainty resulting from Europe financial crisis and upcoming general election (future US fiscal path) continue to give industry watchers reason for significant concern. The ACRE New Construction Monthly Report is work product stemming from our partnership with the Home Builder's Association of Alabama Foundation. About ACRE. ACRE was founded in 1996 by the Alabama Real Estate Commission, the Alabama Association of REALTORS and the Office of the Dean, UA Culverhouse College of Commerce. ACRE is not a state-funded entity, rather its operates in part because of the goodwill & generosity of our statewide ACRE Partners.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
August 11th, 2012 11:38 AM
Source; ACRE New Construction Monthly Report
Alabama new home sales during the 2nd quarter of 2012 were 6.6 percent higher than the same period in 2011. Year-to-date (YTD) through June, sales are up 8.7 percent from 2011. June residential sales in Alabama experienced a growth rate of 6.0 percent when compared to June 2011. June new home sales in Alabama's five metro markets, representing approximately seventy percent of all statewide transactions, experienced a 16.6 percent increase from the prior month. Sixty percent of metro areas have experienced YTD increase in new home sales compared to 2011 with Montgomery (up 46%) posting the best results followed by Birmingham (25%) and Tuscaloosa (17%). YTD new home sales have declined in Mobile (down 23%) and for Huntsville AL real estate (down 5%). Demand: In June, Alabama new home sales outperformed the US market which reflected an increase of 15.1 percent from June 2011 but an 8.4 percent decline from the prior month, according to the US Census Bureau & HUD. The release also reported that the results from the South region were up 6.5 percent from June 2011 but 8.6 percent down last month. Supply: Statewide new construction inventory has declined by approximately 13 percent from last June which is consistent with US trend (down 24%). All metro markets have experienced reductions in inventory since June 2011. Birmingham (down 20%), Mobile (-10%) and Tuscaloosa (-9%) led the state in inventory reduction. Alabama's metro markets in June reflect 4.1 months of new home supply, a significant improvement from 4.9 months of supply in June 2011 and down from 4.9 months from May 2012. According to the US Census Bureau, the US inventory of new homes for sale decreased to 144,000 homes or 4.9 months' supply, also a big improvement from 6.6 months of supply in June 2011 (down 25%). Pricing: Alabama's metro market's median new home sales price in June was $226,766, an increase of 8.2 percent from last month and an increase of 13.9% when compared to June 2011. View full sizeAL YTD residential building permits rise 6.2% from 2011. Infograph courtesy of ACRE. All rights reserved. New Home Pipeline (see graph): June statewide housing starts increased by .6 percent from the prior month and increased 7.8 percent from June 2011. YTD housing starts are up 4.3%. June statewide building permits were down 6.2 percent from the prior month and 2.2 percent from May 2011. YTD building permits are up 6.2%. Residential Construction Employment: According to the Alabama Dept. of Industrial Relations, statewide residential construction employment was up .2 percent (100 jobs) to 60,800 from last month but remains down 8.9 percent or 6,000 workers from June. Local Results: 8 out of the 27 home builder associations (30% - down from 37% in prior month) reported gains in building permits from the prior month (May 2012) while 10 associations (37% - down from 70%) reported gains in housing starts. Favorable weather conditions have positively impacted new home construction in recent months. The new home industry is expected to gradually improve in 2012 and beyond as the general consensus is that the worst market conditions are in the rearview mirror. One caveat, weak overall US job creation and uncertainty resulting from Europe financial crisis and upcoming general election (future US fiscal path) continue to give industry watchers reason for significant concern. The ACRE New Construction Monthly Report is work product stemming from our partnership with the Home Builder's Association of Alabama Foundation. About ACRE. ACRE was founded in 1996 by the Alabama Real Estate Commission, the Alabama Association of REALTORS and the Office of the Dean, UA Culverhouse College of Commerce. ACRE is not a state-funded entity, rather its operates in part because of the goodwill & generosity of our statewide ACRE Partners.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
Friday, August 10, 2012
Huntsville AL MLS; Public records, building permits
Huntsville AL MLS; Huntsville Building Permits, Civil actions and professional meetings.
August 10th, 2012 2:54 PM
Source; Huntsville Times, Madison County Probate Records
Huntsville Building Permits, Civil actions and professional meetings.
Huntsville
The largest building permit issued the week of July 13-20 in the city of Huntsville went to Pearce Construction, $2,297,148, an addition to a building for Matcor Matsu Group, 9650 Kellner Road. Other permits valued at $20,000 and more were: Kennedy Contractors, $365,628, alterations to a building for Michael's Stores, 975 Airport Road, Unit B. Great South Construction, $242,500, a new building for Rajesh Patel, 1221 Memorial Parkway, Suite A. Fite Building, $241,110, alterations to a building for Marshall Shreeder, 3601 CCI Drive. Garber Construction, $170,000, an addition to a building for Turner Beverage, 1935 Max Luther Drive. Metro Commercial Contracting, $160,000, alterations to a building for Jeff Benton Properties, 810 Shoney Drive. Structure Remodeling, $150,000, alterations to a building for Mickey Summerford, 110 Washington St., Suite 107. David Fail, $100,000, alterations to a single-family residence, 1005 Fraser Ave. Com Al Contractors, $89,000, alterations to a building for Valley Bend Homes, 2724 Carl T. Jones Drive, Unit E. Stone Bridge Homes, $86,000, repairs to a single-family residence, 1910 Spanish Oaks Drive. Stone Bridge Homes, $80,010, a single-family residence, 2 Winged Court. Compass Enterprises, $80,000, alterations to a single-family residence for Sandra Browning, 1121 Clinton Ave. Vann Construction, $70,000, alterations to a single-family residence for Wyatt Howell, 2106 Covemont Drive. Jeff Benton Homes, $67,725, a single-family residence, 2925 Chantry Place. Jeff Benton Homes, $62,542, a single-family residence, 4702 Old Oak Court. NSH Corp., $60,352, a single-family residence, 6340 Midtowne Lane. Jeff Benton Homes, $59,550, a single-family residence, 4739 Autumn Dusk Drive. Builders Professional Group, $55,468, a single-family residence for KSB Homes, 131 Rainwood Drive. Jeff Benton Homes, $52,807, a single-family residence, 7401 Cobblefield Drive. Jeff Benton Homes, $52,800, a single-family residence, 7311 Sanctuary Cove Drive. Builders Professional Group, $52,598, a single-family residence for KSB Homes, 123 Rainwood Drive. Alabama Heritage Homes, $52,560, a single-family residence, 429 Nature's Way. Builders Professional Group, $51,980, a single-family residence for KSB Homes, 115 Rainwood Drive. Huntsville Custom Homes, $51,967, a single-family residence, 614 Indian Lake Drive. Alabama Heritage Homes, $51,555, a single-family residence, 7512 Parktrace Lane. Alabama Heritage Homes, $46,042, a single-family residence, 442 Natures Way. LeMaster Construction, $45,000, alterations to a building for Dr. Tom Griffith, 101 Lowe Ave., Unit 100D. LeMaster Construction, $45,000, alterations to a building for Dr. Tom Griffith, 101 Lowe Ave., Unit 2B. Barista Building, $43,809, alterations to a single-family residence for William Sanderson, 1502 Speegle Drive. Builders Professional Group, $40,018, a single-family residence for KSB Homes, 121 Rainwood Drive. Les Thornton Construction, $40,000, an addition to a single-family residence for Ed Starnes, 2705 Trailway Road. Hunter Homes, $39,690, a single-family residence, 229 Valleyside Drive. Burns and Harvell Renovations, $39,500, alterations to a building for Steve Denney, 2223 Drake Ave. Alabama Heritage Homes, $38,295, a single-family residence, 29882 Windsor Lane. Scott A. Dyer Construction, $38,000, repairs to a single-family residence for Chev Kellogg, 6818 Criner Road. Stoneridge Homes, $36,015, a single-family residence, 306 Beaver Ridge Trail. Alabama Heritage Homes, $33,982, a single-family residence, 29955 Windsor Lane. Stoneridge Homes, $33,862, a single-family residence, 425 White Petal St. Alabama Heritage Homes, $32,887, a single-family residence, 29939 Windsor Lane. Stoneridge Homes, $31,252, a single-family residence, 417 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 423 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 419 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 421 White Petal St. Willard Sturgeon, $30,000, alterations to a single-family residence, 3913 Hawthorne Ave. Foundation & Structural Renovations, $29,970, repairs to a single-family residence for David Sims, 2209 Towne Park Drive. Stoneridge Homes, $28,777, a single-family residence, 415 White Petal St. Hunter Homes, $25,642, a single-family residence, 29919 Abbeywood Lane. Granger Contracting, $25,000, repairs to a building for Crunkleton and Associates, 2750 Carl T. Jones Drive, Unit 300. Family Construction, $24,000, repairs to a single-family residence for RLG Properties, 4103 Hunters Ridge Drive, Unit 10. Tennessee Valley Builders, $23,000, a new building for Montessori Society, 15975 Chaney Thompson Road. Structure Remodeling, $21,800, alterations to a single-family residence for Patricia Copeland, 901 Cassandra Ave. Madison The largest building permit issued the week of July 13-20 in the city of Madison went to Pearson Homes, $440,640, a single-family residence, 153 Castlewood Drive. Other permits valued at $20,000 and more were: Woodland Homes, $440,040, a single-family residence, 115 Foxhound Drive. Pearson Homes, $435,360, a single-family residence, 138 Castlewood Drive. Jeff Benton Homes, $395,640, repairs to a single-family residence, 109 Oxfordshire Circle. Breland Homes, $325,260, a single-family residence, 123 Maplebrook Drive. Jeff Benton Homes, $283,380, repairs to a single-family residence, 111 Oxfordshire Circle. Breland Homes, $212,790, a single-family residence, 109 Bakerfield Road. Breland Homes, $198,420, a single-family residence, 105 Kenton Lane. Sun South Contractors, $49,500, repairs to a building, 8000 Madison Blvd., Suite D107. Burleson Pool Co., $40,000, an addition to a single-family residence, 208 Ashley Way. Onsite Restoration, $25,854, repairs to a single-family residence, 125 Westscott Drive. Valley Pools, $24,900, an addition to a single-family residence, 112 Martingale Circle. Madison County The largest building permit issued the week of July 13-20 in Madison County outside the city limits of Huntsville and Madison went to Action Builders, $411,366, a single-family residence for Mathew Loo, 213 Nichols Creek Lane. Other permits valued at $20,000 and more were: Mark E. Harris, $370,000, a single-family residence, 272 Brevard Blvd. Breland Homes, $252,600, a single-family residence, 123 Parkview Drive. Breland Homes, $232,900, a single-family residence, 124 Parkview Drive. Breland Homes, $221,000, a single-family residence, 126 Inspirational Drive. Mark E. Harris, $220,000, a single-family residence, 105 Indian River Drive. Hyde Homes, $130,000, a single-family residence, 1106 Nance Road. Mark E. Harris, $120,000, a single-family residence, 118 Somer Creek Lane. M and M Construction, $119,000, a single-family residence, 106 Avy Darlene Drive. North Alabama Roofing, $62,385, repairs to a single-family residence for Craig Newborn, 137 Thunderbird Drive. Hunter Homes, $55,000, a single-family residence, 179 Cloverbrook Drive. J and R Construction, $21,000, an addition to a single-family residence for Claud West, 1269 Elkwood Section Road. Danny Whitt Construction, $20,000, an addition to a single-family residence for Bobby Vaughn, 8438 Wall Triana Highway. John McCord, $20,000, remodel a single-family residence, 133 Edenshire Drive.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.Civil judgments Plaintiff, First Commercial Bank, a division of Synovus Bank; defendant, Lean Distribution, Case No. CV2011-901109; amount, $458,441.45, April 23. Plaintiff, Stampede Presentations.; defendant, PC Systems., Case No. DV03-2503; amount, $4,610, March 29. Plaintiff, Quail Pointe Apartments; defendant, Battle and Sons, Case No. DV2010-901570ASA; amount, $1,140.31, May 9. Plaintiff, Regions Bank; defendant, JIT LLC, Case No. CV 2010 900292.00; amount, $633,149.52, June 7. Plaintiff, Waste Away Dumpster Services; defendant, Three Haven Glen Apartments, Case No. SM 2011 003114; amount, $2,645.00, March 20. Plaintiff, BancorpSouth Bank; defendant, OXR LLC et al, Case No. CV-2012-900230.00; amount, $1,609,325.37, May 23. Plaintiff, Capital One Bank USA NA; defendant, Triton Ambulance Builders, Case No. DV11-900921; amount, $6,854.40, May 2. Plaintiff, Carnes Miller Gear Co.; defendant, Die Matic Tool Co., Case No. CV 2012-205 JPS; amount, $16,921.44, June 13. Plaintiff, Credit Acceptance Corp.; defendant, Creativartz Ministries, Case No. DV07-1687; amount, $6,727.13, April 2. Plaintiff, Direct Capital Corp.; defendant, Mid South Industrial Refrigeration., Case No. CV 2011-900328; amount, $62,909.41, May 28. Plaintiff, Southwind Carpets; defendant, Flooring Designs of Madison, Case No. DV11-902165; amount, $5,216.55, May 17. Plaintiff, Jenkins Brick Co.; defendant, Wier Wright Enterprises, Case No. CV 2012 900221; amount, $13,161.49, April 17. Plaintiff, Mainline Heating and Air Conditioning; defendant, Viking Management, Case No. CV10-634; amount, $13,198.76, May 2. Plaintiff, Capital One Bank; defendant, Malone Roofing, Case No. SM 2007-3099; amount, $408.03, April 26. Plaintiff, Redstone Federal Credit Union; defendant, Victory Electrical Contractor, Case No. DV 2012-209 ASA; amount, $3,564.50. Plaintiff, Compass Bank; defendant, Applied Behavioral Concepts Inc., Case No. CV-12-900265; amount, $61,501.39, June 11. Plaintiff, Auto Owners Insurance; defendant, Superior Kitchens, Case No. DV2011-900649; amount, $2,821.94, April 24. Plaintiff, The Lamar Companies; defendant, Don Kennedy and Sons, Case No. DV12-0137 MLS; amount $5,212.42, May 23. Plaintiff, One Industries Corp.; defendant, Loco-x Inc., Case No. CV 2012-434; amount, $89,002.29, June 7. Plaintiff, Auto Owners Insurance; defendant, Superior Stone Design, Case No. DV2011-900649; amount, $2,821.94, April 24. Company news United Communications has selected Adtran's Total Access 5000 broadband platform to upgrade its network to deliver high-bandwidth triple play services to its subscriber base in central Tennessee. Adtran was chosen to help the company meet the growing demand of next-generation services such as IPTV and increase network bandwidth for gaming, video streaming and other activities. United Communications will be able to upgrade its existing copper and new fiber infrastructure, scale higher value services quickly and reach a broader set of customers. Cadence Bank is the Alabama High School Athletic Association's newest corporate sponsor, with a commitment that extends through 2015. With this arrangement, Cadence Bank will serve as the official bank of the AHSAA. The AHSAA serves 409 member high schools and more than 300 member junior high/middle schools through its mission of regulating interscholastic athletic competition and promoting interscholastic athletics as a vital part of the educational experience. Dale Carnegie Training, a human resources and management consulting organizations, presented its Leadership Award to BBVA Compass, a U.S. banking franchise that ranks among the top 25 largest U.S. commercial banks based on deposit market share. The award is given to a company that places special emphasis on the development of its human resources, innovation and organizational creativity to achieve its business objectives. The North Alabama Chapter of Certified Residential Specialists ended its annual charity fundraising event, Chapter with a Heart, on June 20 with a drawing for prizes including three nights at Perdido Key Florida and an autographed BCS National Championship football. HUntsville AL MLS More than $1,900 was raised for the Be a Santa to a Senior program, part of the Home Instead Senior Care program which serves the needs of seniors on limited incomes. Huntsville AL MLS
August 10th, 2012 2:54 PM
Source; Huntsville Times, Madison County Probate Records
Huntsville Building Permits, Civil actions and professional meetings.
Huntsville
The largest building permit issued the week of July 13-20 in the city of Huntsville went to Pearce Construction, $2,297,148, an addition to a building for Matcor Matsu Group, 9650 Kellner Road. Other permits valued at $20,000 and more were: Kennedy Contractors, $365,628, alterations to a building for Michael's Stores, 975 Airport Road, Unit B. Great South Construction, $242,500, a new building for Rajesh Patel, 1221 Memorial Parkway, Suite A. Fite Building, $241,110, alterations to a building for Marshall Shreeder, 3601 CCI Drive. Garber Construction, $170,000, an addition to a building for Turner Beverage, 1935 Max Luther Drive. Metro Commercial Contracting, $160,000, alterations to a building for Jeff Benton Properties, 810 Shoney Drive. Structure Remodeling, $150,000, alterations to a building for Mickey Summerford, 110 Washington St., Suite 107. David Fail, $100,000, alterations to a single-family residence, 1005 Fraser Ave. Com Al Contractors, $89,000, alterations to a building for Valley Bend Homes, 2724 Carl T. Jones Drive, Unit E. Stone Bridge Homes, $86,000, repairs to a single-family residence, 1910 Spanish Oaks Drive. Stone Bridge Homes, $80,010, a single-family residence, 2 Winged Court. Compass Enterprises, $80,000, alterations to a single-family residence for Sandra Browning, 1121 Clinton Ave. Vann Construction, $70,000, alterations to a single-family residence for Wyatt Howell, 2106 Covemont Drive. Jeff Benton Homes, $67,725, a single-family residence, 2925 Chantry Place. Jeff Benton Homes, $62,542, a single-family residence, 4702 Old Oak Court. NSH Corp., $60,352, a single-family residence, 6340 Midtowne Lane. Jeff Benton Homes, $59,550, a single-family residence, 4739 Autumn Dusk Drive. Builders Professional Group, $55,468, a single-family residence for KSB Homes, 131 Rainwood Drive. Jeff Benton Homes, $52,807, a single-family residence, 7401 Cobblefield Drive. Jeff Benton Homes, $52,800, a single-family residence, 7311 Sanctuary Cove Drive. Builders Professional Group, $52,598, a single-family residence for KSB Homes, 123 Rainwood Drive. Alabama Heritage Homes, $52,560, a single-family residence, 429 Nature's Way. Builders Professional Group, $51,980, a single-family residence for KSB Homes, 115 Rainwood Drive. Huntsville Custom Homes, $51,967, a single-family residence, 614 Indian Lake Drive. Alabama Heritage Homes, $51,555, a single-family residence, 7512 Parktrace Lane. Alabama Heritage Homes, $46,042, a single-family residence, 442 Natures Way. LeMaster Construction, $45,000, alterations to a building for Dr. Tom Griffith, 101 Lowe Ave., Unit 100D. LeMaster Construction, $45,000, alterations to a building for Dr. Tom Griffith, 101 Lowe Ave., Unit 2B. Barista Building, $43,809, alterations to a single-family residence for William Sanderson, 1502 Speegle Drive. Builders Professional Group, $40,018, a single-family residence for KSB Homes, 121 Rainwood Drive. Les Thornton Construction, $40,000, an addition to a single-family residence for Ed Starnes, 2705 Trailway Road. Hunter Homes, $39,690, a single-family residence, 229 Valleyside Drive. Burns and Harvell Renovations, $39,500, alterations to a building for Steve Denney, 2223 Drake Ave. Alabama Heritage Homes, $38,295, a single-family residence, 29882 Windsor Lane. Scott A. Dyer Construction, $38,000, repairs to a single-family residence for Chev Kellogg, 6818 Criner Road. Stoneridge Homes, $36,015, a single-family residence, 306 Beaver Ridge Trail. Alabama Heritage Homes, $33,982, a single-family residence, 29955 Windsor Lane. Stoneridge Homes, $33,862, a single-family residence, 425 White Petal St. Alabama Heritage Homes, $32,887, a single-family residence, 29939 Windsor Lane. Stoneridge Homes, $31,252, a single-family residence, 417 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 423 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 419 White Petal St. Stoneridge Homes, $30,240, a single-family residence, 421 White Petal St. Willard Sturgeon, $30,000, alterations to a single-family residence, 3913 Hawthorne Ave. Foundation & Structural Renovations, $29,970, repairs to a single-family residence for David Sims, 2209 Towne Park Drive. Stoneridge Homes, $28,777, a single-family residence, 415 White Petal St. Hunter Homes, $25,642, a single-family residence, 29919 Abbeywood Lane. Granger Contracting, $25,000, repairs to a building for Crunkleton and Associates, 2750 Carl T. Jones Drive, Unit 300. Family Construction, $24,000, repairs to a single-family residence for RLG Properties, 4103 Hunters Ridge Drive, Unit 10. Tennessee Valley Builders, $23,000, a new building for Montessori Society, 15975 Chaney Thompson Road. Structure Remodeling, $21,800, alterations to a single-family residence for Patricia Copeland, 901 Cassandra Ave. Madison The largest building permit issued the week of July 13-20 in the city of Madison went to Pearson Homes, $440,640, a single-family residence, 153 Castlewood Drive. Other permits valued at $20,000 and more were: Woodland Homes, $440,040, a single-family residence, 115 Foxhound Drive. Pearson Homes, $435,360, a single-family residence, 138 Castlewood Drive. Jeff Benton Homes, $395,640, repairs to a single-family residence, 109 Oxfordshire Circle. Breland Homes, $325,260, a single-family residence, 123 Maplebrook Drive. Jeff Benton Homes, $283,380, repairs to a single-family residence, 111 Oxfordshire Circle. Breland Homes, $212,790, a single-family residence, 109 Bakerfield Road. Breland Homes, $198,420, a single-family residence, 105 Kenton Lane. Sun South Contractors, $49,500, repairs to a building, 8000 Madison Blvd., Suite D107. Burleson Pool Co., $40,000, an addition to a single-family residence, 208 Ashley Way. Onsite Restoration, $25,854, repairs to a single-family residence, 125 Westscott Drive. Valley Pools, $24,900, an addition to a single-family residence, 112 Martingale Circle. Madison County The largest building permit issued the week of July 13-20 in Madison County outside the city limits of Huntsville and Madison went to Action Builders, $411,366, a single-family residence for Mathew Loo, 213 Nichols Creek Lane. Other permits valued at $20,000 and more were: Mark E. Harris, $370,000, a single-family residence, 272 Brevard Blvd. Breland Homes, $252,600, a single-family residence, 123 Parkview Drive. Breland Homes, $232,900, a single-family residence, 124 Parkview Drive. Breland Homes, $221,000, a single-family residence, 126 Inspirational Drive. Mark E. Harris, $220,000, a single-family residence, 105 Indian River Drive. Hyde Homes, $130,000, a single-family residence, 1106 Nance Road. Mark E. Harris, $120,000, a single-family residence, 118 Somer Creek Lane. M and M Construction, $119,000, a single-family residence, 106 Avy Darlene Drive. North Alabama Roofing, $62,385, repairs to a single-family residence for Craig Newborn, 137 Thunderbird Drive. Hunter Homes, $55,000, a single-family residence, 179 Cloverbrook Drive. J and R Construction, $21,000, an addition to a single-family residence for Claud West, 1269 Elkwood Section Road. Danny Whitt Construction, $20,000, an addition to a single-family residence for Bobby Vaughn, 8438 Wall Triana Highway. John McCord, $20,000, remodel a single-family residence, 133 Edenshire Drive.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.Civil judgments Plaintiff, First Commercial Bank, a division of Synovus Bank; defendant, Lean Distribution, Case No. CV2011-901109; amount, $458,441.45, April 23. Plaintiff, Stampede Presentations.; defendant, PC Systems., Case No. DV03-2503; amount, $4,610, March 29. Plaintiff, Quail Pointe Apartments; defendant, Battle and Sons, Case No. DV2010-901570ASA; amount, $1,140.31, May 9. Plaintiff, Regions Bank; defendant, JIT LLC, Case No. CV 2010 900292.00; amount, $633,149.52, June 7. Plaintiff, Waste Away Dumpster Services; defendant, Three Haven Glen Apartments, Case No. SM 2011 003114; amount, $2,645.00, March 20. Plaintiff, BancorpSouth Bank; defendant, OXR LLC et al, Case No. CV-2012-900230.00; amount, $1,609,325.37, May 23. Plaintiff, Capital One Bank USA NA; defendant, Triton Ambulance Builders, Case No. DV11-900921; amount, $6,854.40, May 2. Plaintiff, Carnes Miller Gear Co.; defendant, Die Matic Tool Co., Case No. CV 2012-205 JPS; amount, $16,921.44, June 13. Plaintiff, Credit Acceptance Corp.; defendant, Creativartz Ministries, Case No. DV07-1687; amount, $6,727.13, April 2. Plaintiff, Direct Capital Corp.; defendant, Mid South Industrial Refrigeration., Case No. CV 2011-900328; amount, $62,909.41, May 28. Plaintiff, Southwind Carpets; defendant, Flooring Designs of Madison, Case No. DV11-902165; amount, $5,216.55, May 17. Plaintiff, Jenkins Brick Co.; defendant, Wier Wright Enterprises, Case No. CV 2012 900221; amount, $13,161.49, April 17. Plaintiff, Mainline Heating and Air Conditioning; defendant, Viking Management, Case No. CV10-634; amount, $13,198.76, May 2. Plaintiff, Capital One Bank; defendant, Malone Roofing, Case No. SM 2007-3099; amount, $408.03, April 26. Plaintiff, Redstone Federal Credit Union; defendant, Victory Electrical Contractor, Case No. DV 2012-209 ASA; amount, $3,564.50. Plaintiff, Compass Bank; defendant, Applied Behavioral Concepts Inc., Case No. CV-12-900265; amount, $61,501.39, June 11. Plaintiff, Auto Owners Insurance; defendant, Superior Kitchens, Case No. DV2011-900649; amount, $2,821.94, April 24. Plaintiff, The Lamar Companies; defendant, Don Kennedy and Sons, Case No. DV12-0137 MLS; amount $5,212.42, May 23. Plaintiff, One Industries Corp.; defendant, Loco-x Inc., Case No. CV 2012-434; amount, $89,002.29, June 7. Plaintiff, Auto Owners Insurance; defendant, Superior Stone Design, Case No. DV2011-900649; amount, $2,821.94, April 24. Company news United Communications has selected Adtran's Total Access 5000 broadband platform to upgrade its network to deliver high-bandwidth triple play services to its subscriber base in central Tennessee. Adtran was chosen to help the company meet the growing demand of next-generation services such as IPTV and increase network bandwidth for gaming, video streaming and other activities. United Communications will be able to upgrade its existing copper and new fiber infrastructure, scale higher value services quickly and reach a broader set of customers. Cadence Bank is the Alabama High School Athletic Association's newest corporate sponsor, with a commitment that extends through 2015. With this arrangement, Cadence Bank will serve as the official bank of the AHSAA. The AHSAA serves 409 member high schools and more than 300 member junior high/middle schools through its mission of regulating interscholastic athletic competition and promoting interscholastic athletics as a vital part of the educational experience. Dale Carnegie Training, a human resources and management consulting organizations, presented its Leadership Award to BBVA Compass, a U.S. banking franchise that ranks among the top 25 largest U.S. commercial banks based on deposit market share. The award is given to a company that places special emphasis on the development of its human resources, innovation and organizational creativity to achieve its business objectives. The North Alabama Chapter of Certified Residential Specialists ended its annual charity fundraising event, Chapter with a Heart, on June 20 with a drawing for prizes including three nights at Perdido Key Florida and an autographed BCS National Championship football. HUntsville AL MLS More than $1,900 was raised for the Be a Santa to a Senior program, part of the Home Instead Senior Care program which serves the needs of seniors on limited incomes. Huntsville AL MLS
Thursday, August 9, 2012
Huntsville AL MLS; Home sales increase
Huntsville AL MLS; Home Sales Surge In First Half of 2012
August 9th, 2012 5:56 PM
Home Sales Surge In First Half of 2012
Median Home Price Dips Slightly
Source Huntsville Area Association of REALTORS® (HAAR)
HUNTSVILLE, AL — (July 20, 2012) — Homes sales surged by 15.79 percent in the first half
of 2012 when compared to the same period in 2011 according to new data prepared by the
Huntsville Area Association of REALTORS® (HAAR). Home sales rose by 309 units in the six
month period ending June 2012 to 2,266 when compared to 2011’s 1,957 sold units.
At $164,360 the average single-family home median price – the figure at which half of the
homes sold for more and half sold for less – for the first half of the year fell by 4.13 percent
compared to 2011’s $171,440 due to the increase in home sales in the $200,000 and under price
range.
"The Huntsville/Madison County housing market continues to show steady and sound growth.
Our market has not experienced the extreme cycles that many areas of the country have
demonstrated. During the recession, at least for the housing market, steady growth was rare; we
exceeded that expectation," said Oscar Gonzales, HAAR CEO.
Available Properties
The average number of available properties (active listings) in the first half of 2012 fell by 7.76
percent to 2,871 compared to the same period in 2011 which posted inventory of 3,112.
The Huntsville Madison County area month’s inventory of single-family homes for June 2012
came in at 7.9 months compared to the national month’s inventory of single-family homes,
which was approximately 6.6 months for June 2012 according to the National Association of
REALTORS® (NAR).
Days on Market
The June 2012 Average Days on Market (DOM) fell by 1 day to 105 compared to May 2012’s
106 days and down by 1 day from June 2011.
Total property sales 424 462 450 2.67%
Average single-family sales price $200,155 $205,049 $191,662 6.98%
Median single-family sales price $172,000 $175,000 $168,500 3.86%
Total active listings 3,161 3,016 2,997 .01%
Average Days on Market 106 105 106 .01%
Months inventory* 8.34 7.9 7.92 .00%
Month’s inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This
figure is representative of the single-family homes market.
Real Estate Milestones for Period Ending June 2012
Homes sales surged by 15.79 percent in the first half of 2012 when compared to the same period
in 2011.
At $164,360 the average single-family home median for the first half of the year fell by 4.13
percent compared to 2011’s $171,440.
The average number of available properties (active listings) in the first half of 2012 fell by 7.76
percent to 2,871 compared to the same period in 2011 which posted inventory of 3,112.
The June 2012 Average Days on Market (DOM) fell by 1 day to 105 compared to May 2012’s
106 days and down by 1 day from June 2011.
# # #
The computerized Multiple Listing Service, the North Alabama Multiple Listing Service(NALMLS) a subsidiary of the Huntsville Area Association of REALTORS® Huntsville AL MLS includes residentialproperties and new homes listed by 2,700 Realtors in North Alabama. Residential listing information for more than 3,000 properties may be found on the Internet at http://www.valleymls.com
The information published and disseminated to the North Alabama Multiple Listing Service (NALMLS) is communicated verbatim, without change as filed by MLS participants. The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported include a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures.
Founded in 1948, the Huntsville Area Association of REALTORS® (HAAR) is a 2,000 member organization of realestate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing appraisal, property management and counseling.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
August 9th, 2012 5:56 PM
Home Sales Surge In First Half of 2012
Median Home Price Dips Slightly
Source Huntsville Area Association of REALTORS® (HAAR)
HUNTSVILLE, AL — (July 20, 2012) — Homes sales surged by 15.79 percent in the first half
of 2012 when compared to the same period in 2011 according to new data prepared by the
Huntsville Area Association of REALTORS® (HAAR). Home sales rose by 309 units in the six
month period ending June 2012 to 2,266 when compared to 2011’s 1,957 sold units.
At $164,360 the average single-family home median price – the figure at which half of the
homes sold for more and half sold for less – for the first half of the year fell by 4.13 percent
compared to 2011’s $171,440 due to the increase in home sales in the $200,000 and under price
range.
"The Huntsville/Madison County housing market continues to show steady and sound growth.
Our market has not experienced the extreme cycles that many areas of the country have
demonstrated. During the recession, at least for the housing market, steady growth was rare; we
exceeded that expectation," said Oscar Gonzales, HAAR CEO.
Available Properties
The average number of available properties (active listings) in the first half of 2012 fell by 7.76
percent to 2,871 compared to the same period in 2011 which posted inventory of 3,112.
The Huntsville Madison County area month’s inventory of single-family homes for June 2012
came in at 7.9 months compared to the national month’s inventory of single-family homes,
which was approximately 6.6 months for June 2012 according to the National Association of
REALTORS® (NAR).
Days on Market
The June 2012 Average Days on Market (DOM) fell by 1 day to 105 compared to May 2012’s
106 days and down by 1 day from June 2011.
Total property sales 424 462 450 2.67%
Average single-family sales price $200,155 $205,049 $191,662 6.98%
Median single-family sales price $172,000 $175,000 $168,500 3.86%
Total active listings 3,161 3,016 2,997 .01%
Average Days on Market 106 105 106 .01%
Months inventory* 8.34 7.9 7.92 .00%
Month’s inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This
figure is representative of the single-family homes market.
Real Estate Milestones for Period Ending June 2012
Homes sales surged by 15.79 percent in the first half of 2012 when compared to the same period
in 2011.
At $164,360 the average single-family home median for the first half of the year fell by 4.13
percent compared to 2011’s $171,440.
The average number of available properties (active listings) in the first half of 2012 fell by 7.76
percent to 2,871 compared to the same period in 2011 which posted inventory of 3,112.
The June 2012 Average Days on Market (DOM) fell by 1 day to 105 compared to May 2012’s
106 days and down by 1 day from June 2011.
# # #
The computerized Multiple Listing Service, the North Alabama Multiple Listing Service(NALMLS) a subsidiary of the Huntsville Area Association of REALTORS® Huntsville AL MLS includes residentialproperties and new homes listed by 2,700 Realtors in North Alabama. Residential listing information for more than 3,000 properties may be found on the Internet at http://www.valleymls.com
The information published and disseminated to the North Alabama Multiple Listing Service (NALMLS) is communicated verbatim, without change as filed by MLS participants. The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported include a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures.
Founded in 1948, the Huntsville Area Association of REALTORS® (HAAR) is a 2,000 member organization of realestate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing appraisal, property management and counseling.
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
Tuesday, August 7, 2012
Homes for sale in Huntsville; Huntsville MLS
Huntsville AL homes for sale; Huntsville AL MLS Search , monthly meeting
August 7th, 2012 9:35 PM
Source;
Madison County Real Estate Investors Association
Have you registered for our meeting this upcoming week? Join us for our monthly meeting on August 9th at 6:00 pm at the Holiday Inn in Downtown Huntsville located at 401 Williams Ave SW, to take the first step in changing your life towards living fearlessly and growing into your vision of the future. The meeting starts promptly at 6:30 pm, registration will open at 5:30 pm. Once again as a reminder, we will not be serving food but you are welcome to bring it with you. Make sure that you bring with you pen and paper to take notes during this important session.
Nathan Amaral is an Entrepreneur, Author and Success Trainer. For over 14 years Nathan Amaral has been building businesses and has a long list of successful entrepreneurial ventures to his name - real estate investor, private money lender,sales teams, author, speaker, personal development expert, and creator of the world renowned G.L.O.W. method, a step by step formula to creating success in record time. Nathan has amassed a stunning track record of achievement during his career and is committed to helping others do the same. He has dedicated his life to sharing his winning secrets, and is passionate about showing others how they can easily - and quickly - turn their dreams into reality.
It takes courage and conviction to stand up and say you're ready to shape your own destiny and take control of your life.
You've taken the first step to creating massive change in your life and that is searching.
You have the power to make your dreams a reality.
You have the power to grow and prosper.
YOU HAVE THE SEEDS OF GREATNESS WITHIN YOU!
Join us for our monthly meeting on August 9th at 6:00 pm to take the first step in changing your life towards living fearlessly and growing into your vision of the future. The meeting starts promptly at 6:30 pm, registration will open at 5:30 pm. Once again as a reminder, we will not be serving food but you are welcome to bring it with you. Make sure that you bring with you pen and paper to take notes during this important session.
Spread the word and bring some friends with you that you think would also benefit from this session. We will see you next week!
Huntsville AL homes for sale
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
August 7th, 2012 9:35 PM
Source;
Madison County Real Estate Investors Association
Have you registered for our meeting this upcoming week? Join us for our monthly meeting on August 9th at 6:00 pm at the Holiday Inn in Downtown Huntsville located at 401 Williams Ave SW, to take the first step in changing your life towards living fearlessly and growing into your vision of the future. The meeting starts promptly at 6:30 pm, registration will open at 5:30 pm. Once again as a reminder, we will not be serving food but you are welcome to bring it with you. Make sure that you bring with you pen and paper to take notes during this important session.
Nathan Amaral is an Entrepreneur, Author and Success Trainer. For over 14 years Nathan Amaral has been building businesses and has a long list of successful entrepreneurial ventures to his name - real estate investor, private money lender,sales teams, author, speaker, personal development expert, and creator of the world renowned G.L.O.W. method, a step by step formula to creating success in record time. Nathan has amassed a stunning track record of achievement during his career and is committed to helping others do the same. He has dedicated his life to sharing his winning secrets, and is passionate about showing others how they can easily - and quickly - turn their dreams into reality.
It takes courage and conviction to stand up and say you're ready to shape your own destiny and take control of your life.
You've taken the first step to creating massive change in your life and that is searching.
You have the power to make your dreams a reality.
You have the power to grow and prosper.
YOU HAVE THE SEEDS OF GREATNESS WITHIN YOU!
Join us for our monthly meeting on August 9th at 6:00 pm to take the first step in changing your life towards living fearlessly and growing into your vision of the future. The meeting starts promptly at 6:30 pm, registration will open at 5:30 pm. Once again as a reminder, we will not be serving food but you are welcome to bring it with you. Make sure that you bring with you pen and paper to take notes during this important session.
Spread the word and bring some friends with you that you think would also benefit from this session. We will see you next week!
Huntsville AL homes for sale
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
Monday, August 6, 2012
Huntsville AL MLS
Huntsville MLS search; Foreclosures might or might not be a good deal.
August 6th, 2012 10:58 AM
Foreclosures might or might not be a good deal. There is a whole new set of potential problems when working with foreclosures. The most common is the condition of the property and getting funding. If the property is in poor condition lenders may not want to finance. There may also be a right of redemption that will prevent lenders from funding without a redemption bond (About $2,000). I wouldn't rule out foreclosures but one has to be careful. The link below is to some foreclosure and pre-foreclosure listings in the Huntsville AL MLS that might catch your eye.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4719902963
Here is the current and expired listing. It was listed at $230,000 in 8/08 and then dropped to $139,000. The listing was withdrawn 12/9/08. It has been on market since 12/12/08 under the current listing. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718929184 The link below is to active listings and sales on the mountain since 1/1/08. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718929201 Days on market for the sales are pretty high. There could have been any number of factors causing the long DOM including being overpriced or in poor condition.
The address and driving directions are included. You can click on the address for a map of the approximate location of the property. On the map, you can click on hybrid for a satellite image overlay. In some cases there will also be an interactive street level image. You can click on the zip code to link to the US Census data for the zip code area. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718921984 The link below is to a Google map of driving directions from downtown Huntsville to the property. http://maps.google.com/maps?f=d&saddr=975+GANDYS+COVE+ROAD,+35622&daddr=35801&hl=en&geocode=&mra=ls&sll=30.675715,-70.136719&sspn=35.509394,86.308594&ie=UTF8&z=10 We can set up an automated search for properties that meet your search terms. Just let us know what you are looking for and we can do the rest. http://www.huntsville-homes.com/Automatedrealestatesearch We thought you may have an interest in two excellent resources for researching schools http://www.schooldigger.com/go/AL/search.aspx and http://www.greatschools.net/modperl/go/AL.
Huntsville AL MLS
August 6th, 2012 10:58 AM
Foreclosures might or might not be a good deal. There is a whole new set of potential problems when working with foreclosures. The most common is the condition of the property and getting funding. If the property is in poor condition lenders may not want to finance. There may also be a right of redemption that will prevent lenders from funding without a redemption bond (About $2,000). I wouldn't rule out foreclosures but one has to be careful. The link below is to some foreclosure and pre-foreclosure listings in the Huntsville AL MLS that might catch your eye.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4719902963
Here is the current and expired listing. It was listed at $230,000 in 8/08 and then dropped to $139,000. The listing was withdrawn 12/9/08. It has been on market since 12/12/08 under the current listing. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718929184 The link below is to active listings and sales on the mountain since 1/1/08. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718929201 Days on market for the sales are pretty high. There could have been any number of factors causing the long DOM including being overpriced or in poor condition.
The address and driving directions are included. You can click on the address for a map of the approximate location of the property. On the map, you can click on hybrid for a satellite image overlay. In some cases there will also be an interactive street level image. You can click on the zip code to link to the US Census data for the zip code area. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=4718921984 The link below is to a Google map of driving directions from downtown Huntsville to the property. http://maps.google.com/maps?f=d&saddr=975+GANDYS+COVE+ROAD,+35622&daddr=35801&hl=en&geocode=&mra=ls&sll=30.675715,-70.136719&sspn=35.509394,86.308594&ie=UTF8&z=10 We can set up an automated search for properties that meet your search terms. Just let us know what you are looking for and we can do the rest. http://www.huntsville-homes.com/Automatedrealestatesearch We thought you may have an interest in two excellent resources for researching schools http://www.schooldigger.com/go/AL/search.aspx and http://www.greatschools.net/modperl/go/AL.
Huntsville AL MLS
Wednesday, August 1, 2012
Huntsville AL MLS; rental value research
Huntsville Alabama MLS; Rental home market value
August 1st, 2012 5:38 PM
While the market might bear a higher rent, the summary of comparable homes below along with the archive listing of your house point to something in the $995 - $1,100 range. We could market the house at the upper end of the range or slightly greater and gauge our pricing by showing activity. On rentals in this price range we should see 2 - 3 showings per week. If showings are consistently less we would know we are priced too high. There is always a balance between holding out for the highest rent and vacancy losses if the house remains unrented. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084793 The link below is to the old listing of the house from 2009 that I referenced. The photos aren't very good and may not do the house justice. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084804 The webpage at the following link is an overview of our fees and services. I have attached a copy of our property management agreement for your review. http://www.huntsville-homes.com/PropertyManagement Regarding a potential sale; Your breakeven point on a sale assuming common costs and seller contributions would be in the $225,000 / $90 per square foot range. I searched for Huntsville Alabama MLS activity in DILWORTH ESTATES in the past year. There were no sales and one active listing at 2433 PENN STREET at the link below. The house has been on the market since 05/04/12. It is currently listed at $229,000 / $83 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084818 The link below is to a summary of active listings and recent sales of homes in the Grissom school district similar in age and size as your home. The average sold price was $91 per square foot with a very wide range of $78 to $106 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084826 The link below is to active listings in south Huntsville in the $220,000 - $225,000 range. These homes would be competing for the same buyers as your home. I included the listing history summary so you see how long the homes have been on market. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084839 The link below is the same search including all of Madison County. There are 56 active listings that include new and newer homes. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084843 My impression is that while it is not impossible to sell at a breakeven point or better it will be difficult. There is a lot of inventory available and even though your home was built better than new construction, it's hard for older homes to compete with new construction. You might consider offering the house as a lease with option to purchase to gain an edge over competing homes. Please follow the link below for more information. http://www.huntsville-homes.com/LeaseOptionLeasePurchaseforSellers I hope this was helpful and please let me know if there is anything else we can be doing for you. The link below is to some additional information about me. Rosenblum Realty is one of the oldest realty firms in Huntsville. We have served Huntsville since 1957 and are a fourth generation company. We are the largest manager of single family homes in the Huntsville area with over 400 homes in inventory. We have two property managers, myself and Michel Rosenblum, a total of six realtors and three office staff. http://www.huntsville-homes.com/Philip'sProfile Valley MLS Huntsville MLS
August 1st, 2012 5:38 PM
While the market might bear a higher rent, the summary of comparable homes below along with the archive listing of your house point to something in the $995 - $1,100 range. We could market the house at the upper end of the range or slightly greater and gauge our pricing by showing activity. On rentals in this price range we should see 2 - 3 showings per week. If showings are consistently less we would know we are priced too high. There is always a balance between holding out for the highest rent and vacancy losses if the house remains unrented. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084793 The link below is to the old listing of the house from 2009 that I referenced. The photos aren't very good and may not do the house justice. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084804 The webpage at the following link is an overview of our fees and services. I have attached a copy of our property management agreement for your review. http://www.huntsville-homes.com/PropertyManagement Regarding a potential sale; Your breakeven point on a sale assuming common costs and seller contributions would be in the $225,000 / $90 per square foot range. I searched for Huntsville Alabama MLS activity in DILWORTH ESTATES in the past year. There were no sales and one active listing at 2433 PENN STREET at the link below. The house has been on the market since 05/04/12. It is currently listed at $229,000 / $83 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084818 The link below is to a summary of active listings and recent sales of homes in the Grissom school district similar in age and size as your home. The average sold price was $91 per square foot with a very wide range of $78 to $106 per square foot. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084826 The link below is to active listings in south Huntsville in the $220,000 - $225,000 range. These homes would be competing for the same buyers as your home. I included the listing history summary so you see how long the homes have been on market. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084839 The link below is the same search including all of Madison County. There are 56 active listings that include new and newer homes. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116084843 My impression is that while it is not impossible to sell at a breakeven point or better it will be difficult. There is a lot of inventory available and even though your home was built better than new construction, it's hard for older homes to compete with new construction. You might consider offering the house as a lease with option to purchase to gain an edge over competing homes. Please follow the link below for more information. http://www.huntsville-homes.com/LeaseOptionLeasePurchaseforSellers I hope this was helpful and please let me know if there is anything else we can be doing for you. The link below is to some additional information about me. Rosenblum Realty is one of the oldest realty firms in Huntsville. We have served Huntsville since 1957 and are a fourth generation company. We are the largest manager of single family homes in the Huntsville area with over 400 homes in inventory. We have two property managers, myself and Michel Rosenblum, a total of six realtors and three office staff. http://www.huntsville-homes.com/Philip'sProfile Valley MLS Huntsville MLS
Monday, July 30, 2012
Huntsville MLS, Huntsville AL MLS
On market value the best we can do to estimate market value on comps.
July 30th, 2012 3:35 PM
On market value the best we can do to estimate market value is to see what comparable recent sales have been. The subject is listed at $100 per square foot. It does not have a view of nor does is border the golf course. The link below is to a summary of the four comparable homes that I could find in the MLS. The average sold price was $91 psf with a range of $84 psf (Short sale) and $95 psf. At the average sold price the subject property market value would be somewhere in the $191,000 range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149730 On the unfinished bonus room think is wired but no HVAC yet. We will need to confirm this. I found several active Huntsville MLS listings in Piney Creek. None indicate a bank owned or pre-foreclosure. I tried looking back to 01/01/11 and the one sale in the addition was not a bank owned property. It could be that there are distressed homes that are in the foreclosure process but are not yet listed as such. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149732 Checking the classified pages in the Athens News Courier I found two advertised foreclosure sales at the links below but neither are in the correct subdivision. http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A037VkoMF02F97 http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A0C3LTktF0710F Again it may be that a property is either in progress or has been foreclosed but is not yet being marketed as such. This house is located in the canebrake golf community in Athens. It is on a corner lot but does not have a view of the course. It is a short sale meaning the seller is asking the lender to be able to sell the house for less than is owed on the mortgage. Short sales are like a blind auction with no sent end date. We submit offers to the lender and may wait weeks or months before getting a response. In the meanwhile additional offers will be accepted. There is already at least one offer waiting lender review. The house has been on the market since 02/01/12. I don't have additional photos but the house is easy to show. Would you like me to have one of our agents schedule a showing for you? The house is occupied by the seller. The link below is to all 28 active listings in Canebrake. I set up an automated search for you. If there is a new listing or change to an existing listing in Canebrake, you will receive an email with the listing. If you prefer not to receive the updates, just un-subscribe at the link at the bottom of the notices. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116146773 If you would consider homes in other areas, just let me know what you are looking for and we can set up additional searches for you.
Huntsville AL MLS Acess the Huntsville MLS / Valley MLS to search for every available property without having to register. Request an automated search to recive notification of new listings.
July 30th, 2012 3:35 PM
On market value the best we can do to estimate market value is to see what comparable recent sales have been. The subject is listed at $100 per square foot. It does not have a view of nor does is border the golf course. The link below is to a summary of the four comparable homes that I could find in the MLS. The average sold price was $91 psf with a range of $84 psf (Short sale) and $95 psf. At the average sold price the subject property market value would be somewhere in the $191,000 range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149730 On the unfinished bonus room think is wired but no HVAC yet. We will need to confirm this. I found several active Huntsville MLS listings in Piney Creek. None indicate a bank owned or pre-foreclosure. I tried looking back to 01/01/11 and the one sale in the addition was not a bank owned property. It could be that there are distressed homes that are in the foreclosure process but are not yet listed as such. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116149732 Checking the classified pages in the Athens News Courier I found two advertised foreclosure sales at the links below but neither are in the correct subdivision. http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A037VkoMF02F97 http://marketplace.enewscourier.com/default/announcements/notice-of-mortgage-foreclosure/C0A8015711cd00A0C3LTktF0710F Again it may be that a property is either in progress or has been foreclosed but is not yet being marketed as such. This house is located in the canebrake golf community in Athens. It is on a corner lot but does not have a view of the course. It is a short sale meaning the seller is asking the lender to be able to sell the house for less than is owed on the mortgage. Short sales are like a blind auction with no sent end date. We submit offers to the lender and may wait weeks or months before getting a response. In the meanwhile additional offers will be accepted. There is already at least one offer waiting lender review. The house has been on the market since 02/01/12. I don't have additional photos but the house is easy to show. Would you like me to have one of our agents schedule a showing for you? The house is occupied by the seller. The link below is to all 28 active listings in Canebrake. I set up an automated search for you. If there is a new listing or change to an existing listing in Canebrake, you will receive an email with the listing. If you prefer not to receive the updates, just un-subscribe at the link at the bottom of the notices. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7116146773 If you would consider homes in other areas, just let me know what you are looking for and we can set up additional searches for you.
Huntsville AL MLS Acess the Huntsville MLS / Valley MLS to search for every available property without having to register. Request an automated search to recive notification of new listings.
Saturday, July 28, 2012
Huntsville AL MLS
The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250.
July 28th, 2012 10:30 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
July 28th, 2012 10:30 AM
109 NORTH STAR DRIVE at the link below has been on the market this time since 03/03/12. It was listed for $190,000 from 11/23/10 to 07/18/11. It was listed for $197,000 from 05/06/10 to 08/17/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570861 The MLS doesn't show where the current owner bought the house but the link below is to a $181,000 mortgage on the property from 2006. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 It looks looks they did a refinance at $184,000 in 2009. http://probate.co.madison.al.us/LoadImage.aspx?sk=20061010000689040&format=PDF&ref=a6b13354-a3dc-4a51-bcf8-849db3d21e66 Assuming the loan balance is in the $180,000 range the seller would need to sell in the $195,000 range unless he can bring money to closing. At a list price of $189,000, he is probably having to bring money to closing and may not have much room to negotiate. The link below is to a summary of MLS activity in the neighborhood since 03/01/11. There are six active listings and six sold homes. The average sold price was $83 per square foot with a range of $67 (Bank owned) to $95 per square foot. At $189,000 / $87 per square foot the house is priced within the market range. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115570873 The house is near but not in the Flint River flood plain. 4894 James St has been on the market since 09/29/11 at $211,900 / $80 per square foot. The link below is to the listing where the current owner bought the house in 2009 at $175,000. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115580950 I found just one mortgage at $179,000 on the house. http://probate.co.madison.al.us/LoadImage.aspx?sk=20090226000124210&format=PDF&ref=8f5241ee-f47c-4a23-b410-76feaa1f86a9 The seller would need to sell at around $194,000 to break even on a sale so if he is willing to, he has room to negotiate. I couldn't find any comparable recent sales in the neighborhood so we would need to look outside the neighborhood to try and establish market value. The house is not in a flood zone. The link below is to a satellite image of the house. http://maps.google.com/maps?q=4894+JAMES+STREET,+HUNTSVILLE,+AL+35811&hl=en&ll=34.826449,-86.509448&spn=0.001398,0.002637&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=4894+James+St,+Huntsville,+Alabama+35811&z=19 25585 Putman Circle at the link below has bee on the market since 07/05/11. It was originally listed at $239,900. The price was lowered to the current $222,800 / $78 per square foot on 03/16/12. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115575960 The link below is to the Huntsville MLS listing where the current owner bought the property in 2000 for $142,250. I cant see any changes in the property from 2000 until now. Even at a very generous 3% annual increase in value the property would only be worth around $193,000. It will be nearly impossible to find similar sales in the area to estimate market value but it took 165 days for the house to sell in 2000 so we can assume $142,250 was a fair market value then The home is not near a flood zone. The link below is to the Google satellite image of the property. To the northeast there are some mobile homes and behind the two mobile homes it looks like a barn with junk cars around it. To the east at the end of the rod there is a large junk yard. http://maps.google.com/maps?q=25585+PUTMAN+CIRCLE,+35620&hl=en&ll=34.928366,-86.876997&spn=0.00395,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&t=h&hnear=25585+Putman+Cir,+Elkmont,+Alabama+35620&z=17 The links below are to data on the schools that serve the house. http://www.schooldigger.com/go/AL/schools/0210002081/school.aspx http://www.schooldigger.com/go/AL/schools/0210000797/school.aspx This house does concern me. It is so far from the city it's going to be hard to re-sale when you eventually need to sell and I think it is priced way too high. The link below is to some other house in Northeast Madiosn County you may want to review. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115581006
Huntsville AL MLS Search the Huntsville AL MLS (No registration required) Request free automated real estate search. Get your home's market value and receive continuous market updates of neighborhood values.
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