Posts Tagged ‘Huntsville home’

Please find below the updated summary of the Huntsville, AL Real Estate activity for the month of February 2009, versus the month of January.  As last month, this new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  Although the number of days it is taking a seller to close on their property (up 3 days over January's and 5 days longer than December 2008), the list price to sale price is increasing, which makes it worth waiting those extra few days to sell.  Please take a look at the chart below and let me know if you have any questions.

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ FEBRUARY 2009
# Existing Single Family Homes Sold This Month	Average List Price	Average Sold Price	Average Days on Market	List Price vs. Sale Price %
518	$201,587	$195,919	103	97.19%
Area	# of Sales in February '09	Avg Sales Price February '09	Avg Sales Price January '08	Trend
HSV CITY NW	22	$100,987	$121,062	DOWN
HSV CITY NE	18	$140,689	$146,925	DOWN
HSV CITY SW	35	$194,687	$167,918	UP
HSV CITY SE	33	$214,885	$266,730	DOWN
MAD CITY LIMITS	33	$274,171	$274,663	-
HSV CITY EAST	24	$267,965	$374,013	DOWN
MAD OUTSIDE CITY	29	$221,672	$218,574	UP
MAD CO NW	17	$136,652	$146,450	DOWN
MAD CO NE	40	$168,830	$170,637	DOWN
MAD CO SW	-	-	$152,000	-
MAD CO SE	6	$118,033	$105,450	UP

Here is a slideshow of some of the homes that sold over the past month:

Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year.

There's no better time than today to boast about the great reasons why buying and living within the Huntsville, AL real estate area is the best decision you are going to make!

Below is a list of this great city's accomplishments and recognitions over the past year - from one of America's leading greenist cities to one of the top ten cities for job growth.

	Huntsville named one the South’s leading cities for Defense Jobs February 2009
	The City of Huntsville receives Standard & Poor’s highest possible “AAA” bond rating for strength of the local economy January 2009
	Huntsville named one of 10 Great Cities for Salary Growth January 2009
	Madison County named the country’s Best Place to Live to weather the economy November 2008
	Huntsville named one of the Top 50 Best Places to raise children in the U.S. November 2008
	Huntsville named one of the Top 5 locations in the U.S. for aerospace companies October/November 2008
	Huntsville named one of America’s Top 5 Cities for Job Opportunities September 2008
	Huntsville named one of the Top 5 Best Performing Cities in the Country September 2008
	Huntsville named the #1 Mid-market in the South August 2008
	Huntsville named one of America’s Top 5 Mid-Sized Cities for Doing Business July 2008
	Huntsville is one of the country’s Top 10 Technology Cities, ranking 3rd in the country for concentration of technology workers June 2008
	Huntsville named one of the country’s Top 10 Places to Live May 2008
	Huntsville named one of America’s Leading Greenest Cities”. -Popular Science, March 2008 March 2008

For more information on why buying a Huntsville, AL home should be in your future plans, please call me anytime.  I've got over a dozen EXCELLENT reasons why I'd love to talk to you more about!

A down payment is going to be advantageous in more ways than one. The down payment will qualify you for a loan and the more you can afford to put down on one of the Huntsville homes you are interested in purchasing, the less you will pay in payments.

There are many programs available for first time as well as current owners of Huntsville homes. Some types are government programs and private companies with down payment plans to help you purchase the Huntsville, AL real estate you are looking to buy.

There are basically two programs run by the government to help you purchase a home if you do not have a lot of money to put down. The Federal Housing Administration (FHA) is one option. A 3% down payment is all that is required if you qualify through their program. The active military and veterans of the military can qualify through the Veteran’s Administration for a home-loan guarantee program. This will allow them to buy their Huntsville homes with no down payment.

Some states have grant money and low interest loans which can be used for down payments. However, qualifying for these loans can be nearly impossible. If you qualify for a loan, you are probably above the income limit to qualify for the down payment assistance.

There are private organizations that offer down payment assistance. Nehemiah and AmeriDream are the most well known. The problem with this is the seller has to be willing to contribute a sum of money from the sale to their organization. This is where the companies get the money to help people with down payments.

222 Legacy Park Drive

Welcome to this fabulous one owner custom built 4 bedroom, 2.5 bath pool home, including a three car side entry garage, and approximately 600 sqft unfinished floored walk out storage accessible through closet in master.

Formal living room, dining room and family room will be enjoyed by all. Hardwood and tile throughout except in bedrooms. You can just imagine your family taking advantage of the fun activities on the large 500 sqft deck and very private back yard in the coming months.  And next winter, enjoy the gas log fireplace...

Transferable Cook's Termite Bond.  Located within Legacy Park subdivision, this home is within Monrovia Middle & Monrovia Elementary school districts.

Note - Seller will provide a $4,000 Decor. Allowance at Closing too!  For more information on this or any other Huntsville Real Estate property, please contact me anytime.

Please find below the updated summary of the Huntsville, AL Real Estate activity for the month of January 2009, versus the month of December.  As last month, this new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  The trend this month shows a more optimistic upturn to the market in most areas, which is great news for sellers.  This time of year (the middle of winter) tends to be a slower season for the real estate market, which shows in the smaller number of sales during this first month of the new year.  Please take a look at the chart below and let me know if you have any questions.

 

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ JANUARY 2009
# Existing Single Family Homes         Sold This Month	Average List Price	Average Sold Price	Average Days on Market	List Price vs. Sale Price %
447	$214,229	$207,178	100	96.71%
Area	# of Sales in January  '09	Avg Sales Price January  '09	Avg Sales Price December '08	Trend
HSV CITY NW	27	$121,062	$128,320	DOWN
HSV CITY NE	12	$146,925	$122,723	UP
HSV CITY SW	30	$167,918	$160,989	UP
HSV CITY SE	22	$266,730	$188,798	UP
MAD CITY LIMITS	36	$274,663	$236,389	UP
HSV CITY EAST	16	$374,013	$292,364	UP
MAD OUTSIDE CITY	35	$218,574	$215,503	UP
MAD CO NW	19	$146,450	$153,214	DOWN
MAD CO NE	32	$170,637	$178,613	DOWN
MAD CO SW	1	$152,000	$149,273	UP
MAD CO SE	2	$105,450	$146,333	DOWN

Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year. 

 

Below is an updated summary of the Huntsville, AL Real Estate activity for the month of December, versus the month of November.  This new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  This trend this month shows an obvious downturn to the market in most areas, which is great news for buyers.  Many people look to move during this time of year, and here is another great reason why!  Take a look at the chart below and let me know if you have any questions.

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ DECEMBER 2008
# Existing Single Family Homes         Sold This Month	Average List Price	Average Sold Price	Average Days on Market	List Price vs. Sale Price %
522	$159,899	$153,549	98	96.03%
Area	# of Sales in December '08	Avg Sales Price December '08	Avg Sales Price November '08	Trend
HSV CITY NW	38	$128,320	$130,574	DOWN
HSV CITY NE	13	$122,723	$158,588	DOWN
HSV CITY SW	41	$160,959	$171,548	DOWN
HSV CITY SE	22	$188,798	$278,754	DOWN
MAD CITY LIMITS	42	$236,389	$272,066	DOWN
HSV CITY EAST	13	$292,364	$354,906	DOWN
MAD OUTSIDE CITY	41	$215,503	$220,681	DOWN
MAD CO NW	21	$153,214	$116,744	UP
MAD CO NE	45	$178,613	$211,386	DOWN
MAD CO SW	2	$149,273	$152,400	DOWN
MAD CO SE	3	$146,333	$61,725	UP

Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year. 

There are many options available to the prospective home buyer when it comes to down payments. The Huntsville, AL real estate you buy will be much more affordable with a down payment. If you just use a little ingenuity you will find there are several options to come up with a down payment.

 

The first thing that you can do is have a certain amount deducted from your paycheck each payday and put this in a savings account. Next, a family member or a good friend could give you a gift of cash. If you have something of value such as a boat or a motorcycle, sell it. What is more important to you - having your own Huntsville, AL real estate or owning a motorcycle? Many people own stocks and bonds. These can be cashed in to raise money for your down payment.

 

If you get a refund at tax time, use this money to put towards your down payment. Borrow from your 401(k) as long as it is feasible to put it back. If not, take money out but remember it will be subject to taxes and early withdrawal penalties. Doe someone owe you money? If so, this would be a good time to collect. If your employer is pleased with the work you do a bonus would be a great cash raiser.

 

When purchasing Huntsville, AL real estate the money you put down will allow you to have instant equity in your home. Having a good down payment will also help with the amount you have to borrow to purchase the home. Less money needed will allow you to shop around to an array of lenders rather than a few.

Here is my newest listing available for sale in the much sought after Rosebud Gardens community in NE Madison County. 

This full brick Huntsville, AL home listed at $144,900, is positioned on a 1.10 acre corner lot with nice trees and includes the large lot to the right of the home too.  The spacious wooden deck overlooks the chain-link fenced yard and includes your own hot tub to enjoy on those brisk nights! (Sold "AS IS").

Convenient to I-565, this home features three good sized bedrooms, two full bathrooms and a side entry one-car garage.  Below you will find the dimensions of each of the rooms:

Great Room - 25 x 17

Kitchen - 10 x 8

Breakfast / Dining Room - 12 x 10

Master Bedroom - 16 x 14

Second Bedroom - 13 x 12

Third Bedroom - 11 x 10

Laundry Room - 13 x 6

For more information on this Huntsville, AL real estate property, please contact me any time.  I would be happy to personally show you this home at a time convenient to you too.

Steve A. Thomas
Realtor, Associate Broker, ABR, e-Pro
RE/MAX Huntsville/Madison
Cellular: (256) 694-HOME (4663)
Toll Free: (800) 239-4749 Ext. 4945
Fax: (256) 533-1555
E-mail: mail@SteveAThomas.com
Web sites: http://HuntsvilleAreaHomes.com
http://HuntsvilleHomeSales.com
http://HuntsvilleHomeInfo.com

This Doll House is better than move in condition!  With almost 1,200 square feet of living area, three bedrooms, two full bathrooms and super clean, all you'll need to do is to pack and move right in!

This Huntsville, AL home (located within Harselle) listed for $99,900, is very convenient to I-65 with many amenities, shopping and restaurants within close vicinity.  The property also is on just under 1 acre of land with the back yard being fenced - ready for your pets and/or children to enjoy. 

Here are the dimensions of each of the rooms within this Huntsville home:

Living Room - 16 x 13

Kitchen - 17 x 10

Breakfast Area - 10 x 8

Master Bedroom - 13 x 13

Second Bedroom - 11 x 10

Third Bedroom - 11 x 10

Please contact me if you would like any additional information on this great Huntsville home located within the Spark/Brewer School District, or would like to set up an appointment to view this home.

Steve A. Thomas
Realtor, Associate Broker, ABR, e-Pro
RE/MAX Huntsville/Madison
Cellular: (256) 694-HOME (4663)
Toll Free: (800) 239-4749 Ext. 4945
Fax: (256) 533-1555
E-mail: mail@SteveAThomas.com
Web sites: http://HuntsvilleAreaHomes.com
http://HuntsvilleHomeSales.com
http://HuntsvilleHomeInfo.com

Huntsville, AL is the proud home of the renowned golf course community of The Ledges.  This 18-hole course (located within the Ledges Country Club facility, which opened in 2000) features 7,159 yards of golf, from the longest tees of a par 71.  The course's received a rating of 75.3 and a slope rating of 136 on this gorgeous well-maintained Zoysia grasses.

Officially known as "The Ledges of Huntsville Mountain", this incredible community has pride of ownership and designership throughout every street and crevace!    But what is The Ledges?   The President of the Association, John Blue, describes it as "the architectural style of the historic district of downtown Huntsville with the softness of Mooresville."   With every home within the community having a front porch and with garages and mailboxes in back out of view, it reflects the atmosphere of days before.  Each homeowner has the pleasure of enjoying the world class golf facility, jogging paths, junior Olympic swimming pool and splash pool, golf learning center and pro shop, tennis courts, fitness center and nature and hiking trails.

Huntsville home styles include Townhomes, Cottages, Villas, and Estates. There will also be a commercial area with offices on the bottom floor and owners living in the upper level.  The community is also gate guarded at the bottom of the mountain to ensure residents privacy and security.

This Huntsville real estate community was designed by Urban Design Associates of Pittsburgh, with the golf course having been designed by Dr. Michael Hurdzan to enhance the natural environment.  There are currently about a dozen homes for sale within The Ledges, ranging from a traditional styled single family home with 4 bedrooms, 4 bathrooms and just over 3,400 square feet of living space for $698,500, to the custom Italianate masterpiece, featuring 5 bedrooms, 8 bathrooms, over 10,000 square feet of living area and currently listed at $2,875,000. 

With all that The Ledges of Huntsville has to offer, this truly is a prime location to call home for you and your family.