Healthy Property Values in Madison County Alabama
The evidence is real: median home sale prices in 2008 has risen, sellers are getting prices near their asking price. Median sales prices increased nearly 8 percent last year to $169,573 - long-term price appreciation, a 67 percent increase in property values since 2000; all this under a period of low interest rates.
John Allen, president of the Huntsville-Madison County Builders Association (http://www.healthyrealestate.info/), said he wanted to get out the message that despite concerns raised by national reporting on a weak housing market, the Huntsville market is strong and continues to grow. "We're in unique economic times, and people see that and they worry about it," Allen said. "But our numbers show we're trending upward. We're trying to allay their concerns for local real estate." In fact, total homes sold in the Huntsville area increased 0.55% in February 2008 over February 2007, the only metro area in Alabama with positive growth.
Want to know more about Huntsville Alabama Real Estate? Contact me!
Monday, May 26, 2008
Friday, May 23, 2008
Bad Real Estate Market? NOT IN HUNTSVILLE!
TOP TEN MARKET is the way one could describe the Huntsville Alabama real estate market if one has to compare it with the rest of the home buying market across the nation. Things are GOOD down here in Huntsville. AL, you must come and see this for yourself!
With the local economy expecting to add another 16,000 high-paying jobs in the not to distant future, mainly through the Base realignment and Closure relocation (BRAC), the increase in new businesses in the Huntsville research park area, the continuing positive effects of Huntsville being a college town, the steady infusion of solid international companies like Toyota into the local economy all combined to keep the financial aspect of the city vibrant and on a mushrooming streak.
Here is a great link about how healthy the Huntsville Alabama real estate market really is!!!
http://www.healthyrealestate.info
With the local economy expecting to add another 16,000 high-paying jobs in the not to distant future, mainly through the Base realignment and Closure relocation (BRAC), the increase in new businesses in the Huntsville research park area, the continuing positive effects of Huntsville being a college town, the steady infusion of solid international companies like Toyota into the local economy all combined to keep the financial aspect of the city vibrant and on a mushrooming streak.
Here is a great link about how healthy the Huntsville Alabama real estate market really is!!!
http://www.healthyrealestate.info
Thursday, May 22, 2008
How to buy a HUD home
HOW TO BUY A HUD HOME
How to buy a HUD HOME Well first of all, you either need to be in the market for a home, or at least you are looking for a home to invest in, fix up, and either rent to a tenant or resell it. (flip)
Most Realtors will tell you that the first thing you need to do before doing a serious home search is to visit a mortgage broker or banker and find out what you have the ability to purchase. (I can reccomend a couple of different good ones) Many people don't even get this far because they feel like they can't qualify. DON'T DESPAIR! You will never know until you try. There are many programs still out there that will help you get into a home. At the minimum, you will find out what you need to do qualify for your own home.
new HUD foreclosures come out every Friday at
An important note: For the first 10 days, they are available to owner/occupants only. Meaning you are not competing with investors with deep pockets! At the end of the bidding period, the following Sunday after midnight, the bids are reviewed and the best one gets it. Simple as that! They aren't always trashed either.....I have seen some very nice homes sold by HUD, you just need to determine where you want to live and what price range you need to be in......
THEN What you do is.........call ME! 256-797-1648. All HUD homes must be sold through a Realtor. I am stoked about helping people get a great deal on their homes.
Have a safe weekend! Don't forget to check out the new homes on Friday I am planning on looking too!
Wednesday, May 14, 2008
Tuesday, May 13, 2008
Monday, May 12, 2008
Thursday, May 8, 2008
HUD Foreclosures
Don't forget everyone. New HUD foreclosures come out every Friday. The first 10 days they are on the market the bids are reserved owner/occupants. Visit the HUD website or MY WEBSITE for more details!
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