Spectacular views in paradise! Gorgeous custom builder’s personal home situated on 5 acres is ready for your family to take pleasure in. When you are done gawking at the scenery come in and take a look. The gleaming wood floors will welcome you into this immaculate home. A dining room fit for royalty with rich colors, wainscoting and 10ft ceilings allows for dinner parties will be on the grand scale. Think of all the culinary masterpieces you can create in the designer kitchen with all the bells and whistles. Entertaining will be delightful as the floor plan flows nicely with the kitchen, family room and outdoors! Invite the whole family as there is room for everyone in the impressive great room with lots of windows and great views. Chilly nights are perfect time to just snuggle up with your sweetie by the gas fireplace. If you are looking for mom and dad they are in their suite listening to music from the built in speakers under the stunning 10ft double trey ceiling with the recessed lighting on dim! Take time for yourself in this sweet bathroom with whirlpool tub, dual vanities and walk-in closet. The additional two bedrooms are very spacious. Bonus room with built in speakers, large closet and a 3/4 bathroom gives you everything you need to work, sleep or play. Grab your fishing pole and head to the stocked pond with fountain. You will not want to miss this opportunity to own your own piece of dreamland. Just bring the family. The rest is already here. 18 additional acres available, plus 3500 sqft workshop also available.
Learn more about 434 Banyon Road and other Huntsville real estate by visiting MoveToHuntsville.com. Search all Huntsville real estate and homes for sale.
There were 1,476 Madison County & Huntsville foreclosure homes for sale with 70 new foreclosures in January 2010. 1 in every 1,974 housing units received a foreclosure filing in January. The average sales price of a Madison County AL home was $195,766 and the average foreclosure sales price was $166,282, a $29,485 savings, according to RealtyTrac.com.
Madison County & Huntsville Foreclosure Activity and Home Price Index
The Madison County and Huntsville price appreciation dropped 0.04% in January with 70 new foreclosure homes.
Madison County AL foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Huntsville has ranked second in Moody’s Economy’s latest report on expected employment growth. Read the Huntsville Times report:
HUNTSVILLE — Huntsville was ranked second out of 387 metro areas – and Mobile was No. 4 – in Moody’s Economy’s latest report on expected employment growth.
The Huntsville economy is beginning to recover from the recession, bolstered by the federal economic stimulus, the increased demand for durable goods and the ongoing relocation of federal and military jobs resulting from the 2005 Base Realignment and Closure Commission decision, according to Martin Soler Garcia, an assistant economist for Moody’s Economy.com.
In his analysis, Garcia predicts employment in Huntsville will grow 2.5 percent this year and 4.3 percent, 4.8 percent and 4.4 percent for the following three years. Personal income will increase by 3.1 percent this year, and grow by 5.4 percent, 7.3 percent and 7.1 percent over the following three years, according to the report.
Garcia forecasts the Huntsville area jobless rate, which in December was 8.1 percent for the Huntsville metro area, which includes Limestone County, will be 9.1 percent this year, then 8.2 percent in 2011, 6.5 percent in 2012 and 5.7 percent in 2013. The Madison County jobless rate was 7.7 percent in December.
Other Alabama communities’ rankings in anticipated employment growth were Auburn-Opelika area, No. 23; Montgomery, 29; Birmingham-Hoover area, 53; and Tuscaloosa, 61.
Don’t miss this terrific full brick ranch nestled on private treed cul-de-sac lot. With over .75 acres and fully fenced you will have a lots of outdoor fun. Sit back and enjoy the view from your covered front porch. Step inside on the gleaming wood floors of the entry. Spend time with family listening to music or watching a show with surround sound in the large great room featuring trey ceilings, recessed lighting and easy access to the backyard. Whip up your favorite dishes in the kitchen. Then serve it up in the sunny breakfast area. When you are ready to call it a day, immerse yourself in the master suite with all the comforts you deserve. Two additional bedrooms are well portioned for your growing family. Keep that laundry organized in the separate laundry area. Call us today for a private showing of this immaculate ranch in peaceful setting.
Learn more about 102 Silver Poplar Place and other Huntsville real estate by visiting MoveToHuntsville.com. Search all Huntsville real estate and homes for sale.
Home sales surged in the fourth quarter of 2009 with many areas seeing double digit gains according to the National Association of Realtors. Total existing-home sales (single-family and condo) jumped 13.9 percent above the third quarter and 27.2 percent above the fourth quarter of 2008. Distressed property sales accounted for 32 percent of the fourth quarter transactions, down from 37 percent from 2008.
Lawrence Yun , NAR chief economist, said the first-time home buyer tax credit, combined with record low interest rates, played a dominant role in fourth quarter sales. Yun went on to say, “With inventory levels trending down over the past 18 months, we expect broadly balanced housing market conditions in much of the country by late spring with more areas showing higher prices.”
Take a look at how Huntsville real estate sales statistics in January 2010 compared to January 2009.
Madison County/Huntsville Real Estate Sales Statistics
Huntsville and Madison County saw a decrease of 14% in sold listings when compared to January 2009. The average sales price decreased by 7% to $189,639. The average price per square foot decreased by 1% when compared with January 2009. And the average list price decreased by 7%, while homes were on the market an average of 12 days less than January 2009.
Date
Sold Listings
Average List Price
Average Sale Price
Percent SP/LP
Average DOM
Average Price Sqft
Jan 2010
220
$195,999
$189,639
96.89%
84
$85
Jan 2009
256
$210,712
$204,312
97.21%
96
$84
For more information about Huntsville real estate, please visit MoveToHuntsville.com or call me at 256-508-0211.
Picking a Huntsville real estate agent is a big decision. Buying a home isn’t something most people do on a regular basis and rarely do they know agents personally or have one on retainer like they may have a lawyer for regular business purposes.
If your job doesn’t entail a lot of property transactions you might feel like a fish out of water when looking around for a Huntsville real estate agent. Fortunately, deciding on the right one isn’t as hard as you might think.
Real Estate Agents Are People Too
That’s right, they have the same qualities you would think of in any other individual you might do business with. So, finding an agent really comes down to measuring many of the same values you’d use to choose another business associate.
Awesome ranch in Stone Crest! The owners have taken special care of this meticulously maintained home and now it can be yours. Welcome your guests into the elegant entry with sidelites and a coat closet. And then enjoy the king-sized great room with soaring ceilings and a wall of windows. The family cook will delight in this well designed kitchen featuring an abundance of cabinet and counter space. The breakfast room brings in the light with double windows and a door to the patio. If you are looking for mom and dad, they have probably retreated to their suite featuring a walk-in closet, dual vanities, corner garden tub and a separate shower. The other two bedrooms share a lovely hall bath and one has its own walk-in closet. An additional room with French doors could be a bedroom, office or formal room. Laundry will be well organized in the separate laundry room. The fully fenced, supersized backyard is perfect for outdoor entertaining. Hurry this one will not last long!
Real estate aficionados who follow the upswings and dips in the Huntsville real estate market were worried that the end of the first-time home buyer’s credit would mean an end to housing sales. Sales were up, prices were down and the market seemed to be stabilizing – thanks, in large part, to the tax credit. The tax credit motivated potential home buyers to become actual home buyers, which kept home sales stable.
Fortunately, those worries were groundless. President Obama signed a five-month extension on the first-time buyer tax credit November 6th. The Worker, Homeownership and Business Assistance Act of 2009 covers quite a few new bits of housing legislation:
Extends the first-time tax credit until April 30, 2010
Expands to include those home buyers that haven’t owned a home in three or more years
Allows first-time buyers that are overseas military personnel to take advantage of the credit until May 2011
Requires documented proof that the buyer actually bought a home
Changes the credit amount from $8,000 to “$8,000 or 10% of the home’s value”, whichever is less
Sets the qualification guidelines at $125,000 a year or less for individuals and $225,000 or less for couples (credit amount becomes a scaled decrease above these income levels)
Requires a minimum age of 18 for those applying for the tax credit
Adds $6,500 tax credit for those that have lived in a home for at least five years, but want to buy a larger house (more…)
Consumer Reports surveyed over 17,000 readers on the state of their home improvement projects. The results of the home improvement survey point out that you should definitely do your homework before doing the home improvement on your Huntsville real estate.
Over half of those surveyed went at least $2,000 over budget for room additions. On basement finishing, 56% spent $1,350 over budget. Kitchen remodeling also had 56% going over budget, by $1,200. Lastly, 45% went over budget by $700 on deck additions. What was the reason? Surprisingly, they all had similar reasons:
Plan adjustments
Underestimated labor
Increased cost of materials
Special tools needed
Unexpected system upgrades
If you plan to remodel your Huntsville real estate in the near future, keep these tips in mind so your home improvement goes as planned:
Do your research – Factor in delivery and removal fees. Make sure you know which products the contractor should have and plan ahead. (more…)
Whether for Huntsville condos or single-family homes, For Sale by Owner (FSBO) sales aren’t near as successful as those sold by real estate agents. In fact, by 2006, the average price for a FSBO home was at least $50,000 less than agent-run sales.
Why is that? Are real estate agents just naturally better at it? Although I’d love to say yes, the reality is that there are just some things FSBOs don’t know. Because they don’t know it, they make mistakes. Some of the most common are:
Incorrect pricing – The market can only bear so much. By pricing their Huntsville condos and homes too high, many FSBOs fail to sell. If your home isn’t selling, this may be the reason.
Not understanding everything involved – Selling a home, whatever the type, takes a lot of time, energy, ability, effort and know-how. For instance, accessibility is especially important, and a lot of FSBOs can’t be available to show the property when a buyer wants to see it.
Screening – You can waste a lot of time on unqualified buyers. You can also lose money by taking an offer that’s lower than it should be. Screening buyers can take a lot of time and effort, especially if you don’t have the experience to spot them. (more…)
HUNTSVILLE — Huntsville was ranked second out of 387 metro areas – and Mobile was No. 4 – in Moody’s Economy’s latest report on expected employment growth.
If your job doesn’t entail a lot of property transactions you might feel like a fish out of water when looking around for a 
Real estate aficionados who follow the upswings and dips in the Huntsville 
Sets the qualification guidelines at $125,000 a year or less for individuals and $225,000 or less for couples (credit amount becomes a scaled decrease above these income levels)
Consumer Reports surveyed over 17,000 readers on the state of their home improvement projects. The results of the 
If you plan to remodel your 
Why is that? Are real estate agents just naturally better at it? Although I’d love to say yes, the reality is that there are just some things FSBOs don’t know. Because they don’t know it, they make mistakes. Some of the most common are: