Florence AL Homes For Sale/Pending/Sold -

Florence AL Market Report Nov 2011

37 properties sold in Florence AL during the month of Nov 2011 (4 were foreclosures)
The average list price of homes sold was $151,947 with a high of $625,000 and a low of $30,500.
The average sold price was $138,602 with a high of $595,000 and a low of $29,900.
Average number of days on market was 95 with a high of 463 and a low of 0(meaning property was sold at time of listing-there were 3 sells with 0 days on the market).



Sales are up by 14 compared to November of 2010. Average list price is up and average days on market is down. With current interest rates being the lowest in history...there has never been a better time to buy or sell a home.



Homes in Florence AL are serviced by the Florence City School District. There are currently 281 homes for sale in Florence AL. If you would like to see available homes for sale in your price range give me a call at 256-366-6292. Or you can find current MLS listings on my website at www.karenposshomes.com.

When you are ready to find an Internet Savvy Realtor who knows the local market...I can help you with that! You can reach me anytime on my cell at 256-366-6292.

Florence AL Homes For Sale

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Foreclosures For Sale

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Foreclosures in Florence AL - Market Report for 2011 by Quarter

1st Quarter 2011

10 homes sold during the 1st quarter
The average list price was $60,436 with lowest price of $14,900 and highest price of $269,900.
The average sold price was $56,234 with lowest price of $11,500 and highest price of $250,000.
On average, foreclosures in Florence AL sold for 93% of their list price.
Average number of days on market was 35 with lowest at 0 (meaning it was sold at time of listing) and the highest at 79.

2nd Quarter

13 homes sold during the 2nd quarter
The average list price was $43,589 with the lowest of $10,000 and highest of $105,900.
The average sold price was $38,801 with the lowest of $9,101 and highest of $105,900.
On average, foreclosures in Florence AL sold for 89% of their list price.
Average number of days on market was 87 with lowest at 13 and the highest at 220.

3rd Quarter

8 homes sold during 3rd quarter
The average list price was $38,188 with the lowest of $22,400 and the highest of $87,900.
The average sold price was $35,775 with the lowest of $18,250 and the highest of $92,510.
On average, foreclosures in Florence AL sold for 94% of their list price.
Average number of days on market was 62 with lowest at 8 and highest at103.

4th Quarter thru November 30th

6 homes sold so far in the 4th quarter
The average list price was $54,150 with lowest of $35,700 and highest of $99,900.
The average sold price was $52,000 with lowest of $35,000 and highest of $94,500.
On average, foreclosures in Florence AL sold for 96% of their list price.
Average number of days on market was 99 with lowest at 29 and highest at 233.

There are currently 8 foreclosures for sale and 3 under contract. The average days on market for active listings is 42. If you are thinking of buying a foreclosure in Florence AL this reports should tell you this...
1) Find a good Realtor who will be ready to alert you of new foreclosures the minute they hit the market.
2) Have your financing in order
a) if you are planning to pay cash - have a copy of your bankstatement showing you have the funds available
b) if you are planning to get a loan...go ahead and get pre approved so you can provide the pre approval letter with your offer. Your Realtor should be refer you to a lender who will help you
3) Be ready to move quickly - have the "little details" taken care of ahead of time. When a good home that is priced right hits the market...it will sell quickly.

When you are ready to find a good Realtor...I can help you with that! Call me at 256-366-6292. Or to see full details of current foreclosures for sale visit my website.

Foreclosures For Sale In Florence AL - Market Report for November 2011

There are currently 8 foreclosures for sale and 3 under contract. The average days on market for active listings is 42. If you are thinking of buying a foreclosure in Florence AL this report should tell you...
1) Find a good Realtor who will be ready to alert you of new foreclosures the minute they hit the market.
2) Have your financing in order
a) if you are planning to pay cash - have a copy of your bank statement showing you have the funds available
b) if you are planning to get a loan...go ahead and get pre approved so you can provide the pre approval letter with your offer. Your Realtor should be able to refer you to a lender who will help you
3) Be ready to move quickly - have the "little details" taken care of ahead of time. When a good home that is priced right hits the market...it will sell quickly.

When you are ready to find a good Realtor...I can help you with that! Call me at 256-366-6292. Or to see full details of current foreclosures for sale visit my website.

Foreclosures In Florence AL

Homes For Sale In Florence AL

Owner Financing in Florence AL

You Don't Have To Be A "Straight A" Student....To Qualify For A Loan?

This morning my husband and I were having coffee (very rare occasion since we work such different schedules) just chit-chatting. He asked me how things were going with a particular offer on one of my listings. Unfortunately, my answer was...the buyers are having trouble with their financing.

His response was...that's the trouble these days, you may have plenty of potential buyers, but unless they are "Straight A" Students they can't get a loan. His analogy made me chuckle. But after thinking about it I realized, this a BIG misconception that a LOT of people share.

Yes, lending institutions have tightened their belt on their guidelines. But you don't have to be a Straight A Student to qualify for a loan. This is the perfect example of why you should be working with a Realtor who can recommend you to a good lender.

1) It may be easier than you think to qualify for a loan

2) If you do have issues with your credit, a good lender will work with you to figure out what you may be able to do to get that credit score up.

3) There may be other "Creative Financing" available, but a good lender can help you figure out what's best for you

When you are ready to find out if you qualify for a loan call me @ 256-366-6292. I can recommend you to lenders who will work hard for you. And when you are ready to find that dream home...I can help you with that too. You can begin your search by visiting my website.

Florence AL Market Reports/Florence AL Homes For Sale/Pending/Sold - October 2011

There were 31 homes sold in Florence Al for the month of October. This is down slightly from October of last year, but even with last month. This is a good indication that our market is stable and hopefully on an upward move.

New listings are almost double compared to October of 2010. This is a good indication that consumer confidence is up as they are seeing that our market is on the rebound and homes in Florence Al are selling.

Our Real Estate Market in Florence AL is "alive and well". If you are interested in buying a home in Florence AL give me a call at 256-366-6292 or visit my website.

If you are interested in selling a home in Florence AL and want an internet savvy agent who knows the local market...I can help you with that. You may contact me by email karen.poss@coldwellbanker.com, my website www.karenposshomes.com, or by phone 256-366-6292.

Homes For Sale In Florence AL

Foreclosures in Florence Al and surrounding area