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Sandra Nickel

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Midtown Montgomery Real Estate Market Trends - 2010 vs 2011

02-07-12
Sandra Nickel

Environmentally friendly features have become more important to home buyers according to the 2012 Home Buyer and Seller Profile published by the National Association of Realtors. The importance of various features such as heating and cooling, energy efficient appliances and lighting, landscaping, and an environmentally friendly community differ by region.

  • Commuting costs and environmental efficiency have increasingly factored into home buying decisions due to higher energy costs, but also due to overall concern for the environment.
  • Factors that are most important to buyers are those directly related to the buyers’ pocketbook.
  • Heating and cooling costs were at least “somewhat” important to 87 percent of home buyers.
  • Commuting costs were at least “somewhat” important to 73 percent of home buyers.

Now take a look at how the Midtown Montgomery real estate market performed in 2011.

Midtown Montgomery real estate sales statistics for 2011 show the average sales price decreased by 8% to $126,628 when compared to 2010. The number of homes sold decreased by 18% in 2011. The median sales prices decreased by 5%, and market times increased 3% or 4 days. The highest selling home price decreased by 13%, and the lowest selling home price decreased by 99%.

Midtown Montgomery 2011 2010
Homes Sold 290 354
Average Selling Price $ 126,628 $ 137,427
Median Selling Price $ 110,000 $ 116,052
Days On The Market 128 124
Highest Selling Price $ 649,000 $ 750,000
Lowest Selling Price $ 1 $5,100


For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

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Montgomery AL Foreclosure Trends - Dec 2011

02-02-12
Sandra Nickel

There were 873 Montgomery AL foreclosure homes for sale with 1 in every 1,675 housing units receiving a foreclosure filing in December 2011. The average selling price of a Montgomery AL home was $108,647 and the average foreclosure selling price was $72,743, a $35,905 savings, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.96% in December while the number of foreclosed homes dropped from 122 to 58.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.10% lower than national statistics, 0.01% higher than Alabama and the same as Montgomery County statistics for the month of December.

montgomery al foreclosure

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased from 51 homes in November to 20 in December. The number of Auctions dropped from 71 to 38. There is a 6-month rising trend.

montgomery al foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Adding Value To Your Montgomery AL Real Estate

01-20-12
Sandra Nickel

coin houseIf you are one of the millions of Americans whose home has lost value in recent years, despair not. Whether you’re trying to spiff up your Montgomery AL real estate for resale, to raise its appraisal, or just to keep current with updating and maintaining what you currently have, there are many relatively easy and budget-worthy steps you can take. Some of these minor projects designed to increase value are quick fixes while others may require a weekend’s worth of work, but all will certainly revive the look of your property.

Exterior improvements:

  • Keep shrubs and trees neatly pruned. Plant new trees for energy savings and aesthetic value.
  • Add low-voltage lighting for pathways
  • Pay attention to the front door of your Montgomery AL real estate. Does it need new weather stripping? A fresh coat of paint? Updated (or at least polished) hardware—knockers, knobs, hinges, and light fixtures?
  • Spend $10 to test your lawn for needed nutrients.
  • Attend to the garage door. Use a mixture of one part bleach to three parts water and a soft-bristled brush to give it a thorough cleaning. Still dirty or stained? Rent a power washer for about $60.
  • Check for faded or peeling paint. Sand and apply a fresh coat.

Interior improvements:

  • If you can’t replace the water heater in your Montgomery AL real estate with a tankless model, wrap the one you have in fireproof insulation.
  • Install modern light switches and outlets throughout your home. Add dimmer switches.
  • Insulate windows. (Easy-to-follow instructions.)
  • In bathrooms replace dated towel racks, light fixtures, sinks, toilet seats, and hardware. Purchase a low flow toilet. Re-grout where needed. Display matching towels. If the floor is in poor shape, consider putting easy-to-install vinyl tiles right over the old one.
  • Add crown moldings, wood trim, and/or cornices to give room a look of quality.
  • Update your kitchen inexpensively by replacing fixtures, faucets, and hardware. Consider pendant lighting. Refinish cabinets rather than replacing them.
  • Clean and organize all closets.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery AL Foreclosure Trends - November 2011

01-11-12
Sandra Nickel

There were 859 Montgomery AL foreclosure homes for sale with 1 in every 796 housing units receiving a foreclosure filing in November 2011. The average selling price of a Montgomery AL home was $102,519 and the average foreclosure selling price was $76,367, a $26,152 savings, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and 30 Year Interest Rate

Montgomery interest rates averaged 3.99% in November while the number of foreclosed homes remained the same at 22.

montgomery al foreclosure

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was 0.04% lower than national statistics, 0.06% higher than Alabama and 0.01% higher than Montgomery County statistics for the month of November.

montgomery al foreclosure

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased from 55 homes in October to 51 in November. The number of Auctions increased from 67 to 71. There is a 6-month rising trend.

montgomery al foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Kitchen Remodeling Trends For Your Montgomery AL Home

01-11-12
Sandra Nickel

Ready to update the kitchen in your Montgomery AL home? Whether the renovation is for the purpose of increasing resale value or for your own personal use and enjoyment, it never hurts to know what the building industry sees as sustainable, in-demand, cost-effective, and efficient improvements for one of the most important rooms in your kitchenMontgomery AL home. As American lifestyles change, so do the needs and desires of your family members and/or potential buyers, especially in the areas of appliances, flooring, lighting, counter tops and backsplashes, cabinetry, energy efficiency, and color.

  • Basic design:

An energy-efficient and functional design is extremely popular right now. Function, maintenance, and appearance should be combined to provide a streamlined look, adequate storage, easy accessibility, maximum dining, prep space, and a welcoming appearance. More and more homeowners are opting for removal of walls to make the kitchen more open and family-friendly

  • Flooring:

Hardwood floors are still desirable, as are those made of renewable bamboo and cork. Stone and porcelain tiles are also in demand because of their longevity, easy maintenance, and the availability of a wide variety of shapes and designs. Some tiles even look like wood and come in plank configurations.

  • Cabinetry:

Practical and attractive are the order of the day for this feature. Cabinets are available in recycled materials and exotic woods, and darker woods are in demand. Mixing materials, such as glass and wood or two different types of wood or wood stains, has become popular in remodeled or brand new kitchens. Desired cabinetry features include many drawers, swing-out shelves, pull outs (for dishes, pots and pans, and bake ware, e.g.) and drawer organizers.

  • Countertops:

Granite is still the most popular material, but engineered surfaces are often used instead. Many kitchens of today feature island/peninsula combinations or dual or tiered islands to allow more than adequate space for food preparation, storage, and family dining.

  • Backsplashes:

No longer simply a feature to protect the kitchen walls in your Montgomery AL real estate, homeowners are now using this area to add color and decoration. Glass tiles in a wide array of hues, especially those made from recycled glass, are predominant this year and allow you easy maintenance and a way to express your own style.

  • Appliances:

The integration of appliances into the cabinetry is big for 201, and, of course, all appliances must be energy-efficient! Stainless steel remains the preferred finish.

  • Lighting:

LED lights are the choice of the safety and energy conscious owner of Montgomery AL real estate. Layers of light, including ceiling, under-the-counter, and ambient lighting, are being combined to illuminate kitchens. Pendant lighting is increasingly popular.

  • Wall treatments

Wallpaper is back! Often paintable and washable, wall paper can be metallic, hand-painted, tone on tone, patterned, and textured and is now being used to decorate entire rooms rather than just an accent wall. Paint colors? Try out the deep colors of dark grey, grape, navy, or forest green.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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