By: Huntsville Real Estate Expert Mike Manosky On May 27, 2011
There were 890 Huntsville AL foreclosure homes for sale with 109 new foreclosures in April 2011. One in every 871 housing units received a foreclosure filing in April. The average sales price of a Huntsville home was $163,001 and the average foreclosure sales price was $136,103, a $26,898 savings, according to RealtyTrac.com.
Huntsville AL Foreclosure Activity and30 Year Interest Rate
Huntsville interest rates averaged 4.84% in April while the number of foreclosed homes decreased from 112 to 109.
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.
Huntsville AL Foreclosure Geographical Comparison
Huntsville AL foreclosure activity in April was 0.06% below national statistics, 0.03% above state figures and 0.02% below Madison County statistics.
By: Huntsville Real Estate Expert Mike Manosky On May 26, 2011
Huntsville Homes For Sale:5021 Patriot Park Drive Hampton Cove, AL 35763 MLS#553342
Impress your guests with the casual elegance of this ranch in Liberty Park. A dazzling formal dining room with columns, shimmering chandelier and hardwood floors is set for memorable entertaining. The bright kitchen with breakfast area includes all the amenities for creating your culinary masterpieces. A breakfast bar, smooth-top range plus gorgeous cabinets guarantees serving will be delightful. The inviting great room with a toasty fireplace and a wall of windows is sure to be the family’s favorite gathering spot. A stunning master suite boasts two walk-in closets, ceiling fan, plush carpet and a pampering master bathroom. The secondary bedrooms are generously sized and share a hall bathroom. A relaxing patio is the perfect place to enjoy the morning paper while gazing at the mountain views. Step out on the lush green grass nourished by the sprinkler system. This park-like setting is just breathtaking. Bring all your toys as the three car garage offers plenty of storage. Pack your bags and come on over. We are sure you will want to stay. Call us today for your personal tour.
Having lived in the Huntsville AL area for most of his life, Mike Manosky understands exactly what makes this community special. In fact, those who know him well will tell you he carries the same traditional values and focus on the future as Huntsville.
Mike brings with him a keen eye for the details of buying or selling a Huntsville AL home and seemingly boundless determination and energy, which is why his clients benefit from his unique brand of real estate service. Rooted in Tradition, Focused on the Future – Mike Manosky will help make the most of your Huntsville AL real estate experience. Give him a call today, 256-508-0211 Direct or 800-803-0053 Toll Free, and discover the difference he can make during your family’s move.
By: Huntsville Real Estate Expert Mike Manosky On May 24, 2011
There are a few misconceptions about buying Huntsville real estate for sale by owner (FSBO).
Sellers aren’t Serious
Some buyers think that the seller isn’t serious about selling the house, that they’re just testing the market. While this is true in some cases, most sellers are serious and will accept an offer that is close to the asking price.
There’s Something Wrong with the Home
Sometimes Huntsville real estate for sale by owner sits on the market for a while. Generally, it isn’t because there’s something terribly wrong with the house.
It may be because the owner isn’t open to negotiations on the sale price. More often, it’s because the owner doesn’t have the experience marketing and showing homes to potential buyers that a real estate agent does. A typical owner isn’t likely to have the time to properly market the house. If there aren’t enough buyers looking at the house, it’s going to be harder to get a good purchase offer.
Real Estate Agents Can’t Help
Some buyers believe that real estate agents can’t help them negotiate the purchase of a FSBO. That’s not true. If you find a FSBO you’re interested in, whether you find it because you drive by it or see it in an advertisement, let your Huntsville real estate agent know. Real estate agents can represent your best interests when purchasing FSBOs, just like they do when purchasing homes listed with a real estate agency.
If you’re interested in buying a home, whether or not it’s a FSBO, I’d like to help you. Call me today at 800-803-0053, 256-508-0211 or email me at mike@movetohuntsville.com.
By: Huntsville Real Estate Expert Mike Manosky On May 20, 2011
The storm and tornado event that swept through Alabama occurred on April 27th, The end of the month is typically a heavy closing time for real estate sales in our area. Power was out in our area for at least 5 days following the event. Many of the closings scheduled for April 27 to April 30th did not take place. Most of those closings were all pushed into May. Most lenders required post storm inspections before they would fund the transactions. This caused many of the scheduled April closings to get pushed further into May.
Now take a look at how April’s weather affected the Huntsville market as a whole.
Madison County/Huntsville Real Estate Sales Statistics
Huntsville and Madison County saw an decrease of 27% in sold listings in April 2011 when compared to March 2011. The average sales price increased by 4% to $206,649. The average price per square foot increased by 13% in April 2011 when compared to March 2010. And the average list price increased by 4%, while homes were on the market an average of 7 days less than in March 2010.
Date
Sold Listings
Average List Price
Average Sale Price
Percent SP/LP
Average DOM
Average Price Sqft
Apr 2011
245
$213,656
$206,649
95.27%
99
$92
Mar 2010
336
$204,737
$197,914
95.36%
106
$80
For more information about Huntsville AL real estate, please visit MoveToHuntsville.com or call me at 256-508-0211.
By: Huntsville Real Estate Expert Mike Manosky On May 18, 2011
Whether you need a contractor for a minor project like a plumbing problem or a major project like a room addition, it’s important to evaluate potential contractors before hiring them. Here are 5 steps to finding the best contractor for your Huntsville real estate project:
Get multiple quotes. Even if your toilet is overflowing onto your living room’s carpet, take the time to get 2 or 3 estimates. Haste can cost a lot more than replacing the carpet in your Huntsville real estate.
Check references. Talk with the former clients of the contractor you’re considering hiring. Find out what it was really like to work with the contractor. Two of the best questions to ask are:
a. What was your favorite thing about the contractor?
b. What was your least favorite thing about the contractor?
Call the insurer and licensing board. Confirm that the contractor you’re thinking about hiring has adequate and current liability coverage and a current license. Just asking the contractor is not sufficient.
Search for complaints. Search online on the company name plus the word “complaints.” It’s often surprising what you’ll find. Also, check with the Better Business Bureau to see if any complaints have been registered with them.
Negotiate a maximum hourly rate. If the job goes quickly, you won’t pay what could be a higher estimate.
I know it’s easier to just hire the first contractor who returns your call. Don’t do it. Taking the easy way out can cost you hours, days or weeks of frustration and hundreds of dollars. (more…)
By: Huntsville Real Estate Expert Mike Manosky On May 15, 2011
Alabama Shakespeare Festival, in partnership with Red Cross and WSFA-12 News, will present a “pay-what-you-can” performance of its hit comedy “Moonlight & Magnolias” at 7:30 p.m. May 25 in Montgomery. All proceeds will be donated to Red Cross tornado relief efforts in Alabama.
Tickets are on sale. The suggested donation for the special performance of “Moonlight & Magnolias” is $20, but for the first time ASF will conduct a pay-what-you-can opportunity in which any donated amount will be enough to purchase a ticket. The regular ticket costs $38.
“All of us at ASF want to help our fellow Alabamians affected by the horrific storms of April 27,” ASF artistic director Geoffrey Sherman says in a news release.
Twenty-dollar tickets for the May 25 event can be purchased online at www.asf.net. “Pay-what-you-can” tickets are available by calling toll-free 1-800-841-4273 or by visiting the ASF box office during regular office hours. Tickets also will be available at the box office on the night of the performance. (more…)
By: Huntsville Real Estate Expert Mike Manosky On May 11, 2011
If you watch television, read magazines or surf the net, you’ve probably seen ads for reverse mortgages. Those ads don’t provide many details, so here are the basics you need to know about reverse mortgages.
Awesome circular driveway surrounded in lush landscaping will impress your most distinguished guest. Rock away the day on the covered front porch or slip through the leaded glass door with side-lights and transom enhancing the gleaming hardwood floors. A graciously flowing floor plan leads to the precious formal dining room boasting the perfect place to entertain you guests. You will love the niches to display your treasures as they are everywhere. Let the dogs and kids roam as all wood and tile floors make for easy cleanup. The cook thought of everything while designing the kitchen including gorgeous granite counters, tile backsplash and an island to spread out the culinary treats. Mom and Dad will love their retreat boasting panoramic views, stunning trey ceiling and private access to the screened porch. The luxurious master bathroom features a custom dual vanity with granite top, separate shower with body jets, whirlpool tub with jets and a walk-in closet. An additional two bedrooms are sized just right and share a bathroom with granite vanity. If you like to keep things organized you will love the huge laundry room with folding station and cabinets plus there is also a 14×6 pantry to store all your extras. The lovely screened porch with soothing ceiling fan is ideal for relaxing and gazing out at the endless view. A covered patio extends from screened porch for all weather enjoyment. Keep the kids corralled in the fenced area or let them roam beyond on their own private paradise! You will have plenty of time to play while the sprinkler system keeps your garden nourished. A three car side load garage allows for ample storage or even a workshop. Come on over and take a look! You will enjoy country living at its best with amenities galore. Bring the whole family as we are sure they will want to stay. Call us today for a private tour.
Having lived in the Huntsville AL area for most of his life, Mike Manosky understands exactly what makes this community special. In fact, those who know him well will tell you he carries the same traditional values and focus on the future as Huntsville.
Mike brings with him a keen eye for the details of buying or selling a Huntsville AL home and seemingly boundless determination and energy, which is why his clients benefit from his unique brand of real estate service. Rooted in Tradition, Focused on the Future – Mike Manosky will help make the most of your Huntsville AL real estate experience. Give him a call today, 256-508-0211 Direct or 800-803-0053 Toll Free, and discover the difference he can make during your family’s move.
Snuggle up with your sweetie and rock away the day on the covered front porch. Come on in and you will see this freshly painted home is bursting with all the comforts of home. An entertainer’s dream floor plan features a beautiful dining room and a delightful great room. The formal dining room boasts a striking trey ceiling and double window views for an enchanting dining experience. The great room with a wood burning fireplace and soaring vaulted ceilings creates the perfect ambience for any occasion. A gourmet kitchen with tiled floors and a sunny breakfast area is sure to please the cook in your family. No need to worry about storage as the large laundry room is perfect for hiding your treasures. Stunning master suite with a trey ceiling, soothing ceiling fan and ample room for a sitting area is ready for the king and queen. Pamper yourself in the luxurious master bathroom featuring tiled floors and a whirlpool tub shower combo. The additional bedrooms are spacious and share a large hall bath room. Awesome patio overlooks mature landscaping and panoramic views. Your next outdoor BBQ is sure to be hit in this welcoming backyard. Call us today for your private tour.
By: Huntsville Real Estate Expert Mike Manosky On May 5, 2011
There were 902 Huntsville AL foreclosure homes for sale with 112 new foreclosures in March 2011. One in every 848 housing units received a foreclosure filing in March. The average sales price of a Huntsville home was $183,870 and the average foreclosure sales price was $136,103, a $47,767 savings, according to RealtyTrac.com.
Huntsville AL Foreclosure Activity and30 Year Interest Rate
Huntsville interest rates averaged 4.84% in March while the number of foreclosed homes increased from 103 to 112.
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.
Huntsville AL Foreclosure Geographical Comparison (more…)
