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April 17, 2008

Cool Website Alert! Find Huntsville AL Gas Prices

Filed under: Huntsville Information — Huntsville Real Estate Expert Mike Manosky
gas pricesThere’s no denying it – the cost of gas is rising through the roof. But not all gas stations are created equal, and gas prices can vary widely even in the same city. Before you fill up, check out GasBuddy.com and enter your ZIP code to find the very best (and worst) gas prices in Huntsville AL.
 
For information about Huntsville AL real estate, please call me at 256-508-0211 or visit MoveToHuntsville.com. You may also request a complimentary market valuation of your Huntsville AL home here!
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Huntsville AL Real Estate Market Trends

Filed under: Huntsville Information, Madison Information — Huntsville Real Estate Expert Mike Manosky

Little change is expected in Huntsville AL real estate sales of existing homes over the next few months, before notably improving during the second half of the year, according to the latest forecast by the National Association of Realtors.

 

Lawrence Yun, NAR Chief Economist, said the market will come into clearer focus this summer.  “Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure,” he said.  “The wider access to affordable credit should increase sales activity notably this summer as pent-up demand begins to be met.”

 

Let’s take a look at the Huntsville and Madison County real estate market activity for this March to see how the spring is looking so far:

 

Huntsville/Madison County Market Statistics 

Although the Huntsville/Madison County real estate market saw a 25% slowdown in sales in March 2008 when compared with March 2007, price increases continued to defy the national trends.  The average list price and average sale price were both up 13% over last year, bringing them to $217,300 and $213,598, respectively.  Homes were on the market an average of 10 days longer than in 2007, and the average price per square foot increased by $5 to $91/sf.  The ratio of sales price to list price remained about the same from last year.

Date

Sold
Listings

Average
List Price

Average
Sale Price

Percent
SP/LP

Average
DOM

Average
Price
SqFt

March 2008

422

$217,300

$213,598

98.30%

99

$91

March 2007

563

$188,855

$186,498

98.75%

89

$86


Now is a great time to buy or sell Huntsville AL real estate.  To get started looking at homes, please visit MoveToHuntsville.com or search the MLS here.  For more personalized service, please call me at 256-508-0211.

Statistics are based on information for the North Alabama Association of Realtors and are deemed reliable but not guaranteed.  

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March 13, 2008

Huntsville AL Interest Rate Update

Filed under: Huntsville AL Real Estate — Huntsville Real Estate Expert Mike Manosky

Freddie Mac is reporting that the current weak economic reports are continuing to drive mortgage rates downward.

 

In it’s weekly update, Freddie Mac reports the 30 year fixed-rate mortgage averaged 6.03 % last week – compared with 6.24 % the week before.  The rate is also down compared with this time last year, when it averaged 6.14%.

 

"Weak economic reports that indicated declines in the job market, slowing in manufacturing and low consumer confidence drove bond yields lower this week and mortgage rates followed," said Frank Nothaft, Freddie Mac vice president and chief economist.

 

Check out my monthly newsletter for the latest pricing and sales statistics for Huntsville AL real estate.  For more detailed information about the Huntsville area or Huntsville AL market trends, please call me at 256-508-0211 or visit MoveToHuntsville.com.  You may also sign up to receive automated emails of new listings that match your criteria at HuntsvilleHomeHunter.com!

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Huntsville AL Real Estate Update

Filed under: Huntsville AL Real Estate — Huntsville Real Estate Expert Mike Manosky

Attention, potential homebuyers!  CNN.com is reporting that now is the best time since 2004 to purchase a home. 

 

This article shows the nationwide research and statistics which prove that, overall, prices are dropping as interest rates remain low. 

 

Check out my monthly newsletter for the latest pricing and sales statistics for Huntsville AL real estate.  For more detailed information about the Huntsville area or Huntsville AL market trends, please call me at 256-508-0211 or visit MoveToHuntsville.com.  You may also sign up to receive automated emails of new listings that match your criteria at HuntsvilleHomeHunter.com!

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February 28, 2008

Add Some Green To Your Huntsville AL Home

Filed under: Huntsville AL Real Estate — Huntsville Real Estate Expert Mike Manosky

It seems like everywhere we turn these days, products and services we use every day are “going green.”  With so many ways available now to help the environment, it may be overwhelming to figure out how exactly you as a homeowner can make changes.  This article from RealEstateJournal.com details five ways homeowners can add “green” upgrades to their home, saving money and increasing their homes’ values at the same time.  Below is the list of suggestions, check out the article for full descriptions of each item:

  • Washers that save energy and water
  • Toilets that conserve water
  • No-VOC paints
  • Smart thermostat applications
  • Low-flow faucets and showerheads

To learn more about owning a Huntsville AL home or Huntsville AL real estate, please visit MoveToHuntsville.com, or call me at 256-508-0211.  You may also sign up for automated emails of new listings that match your criteria at HuntsvilleHomeHunter.com.   

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February 22, 2008

Huntsville 2008 BRAC Update

Filed under: Huntsville Information — Huntsville Real Estate Expert Mike Manosky
By the time the relocations set forth during the Base Realignment and Closures (BRAC) of 2005 are complete in the year 2011, approximately 4,700 new people will have moved to Huntsville, Alabama due to job transfers. Many of these people and positions will come from the northern Virginia area. Some of them will come from Georgia. 

Alabama will also see its first four-star command thanks to BRAC. As for 2008, the Tennessee Valley BRAC Commission states that the 2nd Recruiting Brigade facility should be completed in time to house the 2nd Recruiting Brigade that will relocate this year. That will put roughly 700 transfers at the U. S. Army Redstone Arsenal in Huntsville, Alabama this year. 

 

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February 8, 2008

Huntsville AL Named One of America’s Fastest Growing Metro Areas!

Filed under: Huntsville AL Real Estate — Huntsville Real Estate Expert Mike Manosky

Forbes Magazine has recently named Alabama – and specifically the Huntsville area – one of America’s fastest growing metro areas. 

 

Considered a major hub for defense and space research, Huntsville has an expected GMP (Gross Metropolitan Product) growth of 15% by 2012.  Additionally, Brian Hilson, president & CEO of Huntsville’s Chamber of Commerce, notes “The automotive industry has been Alabama’s real growth industry in the last 15 years.

 

Read the full article here to find out why now is such a great time to live in Huntsville.  To learn more about Huntsville AL real estate, please visit MoveToHuntsville.com or call me at 256-508-0211.  You may also request a complimentary relocation package by clicking here.

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January 10, 2008

Huntsville AL January Cultural Events

Filed under: Huntsville Information, Relocation & Huntsville Information — Huntsville Real Estate Expert Mike Manosky

Looking for something fun to do with the family now that the holiday season is over?  Why not try getting some culture in 2008?  There are a host of activities for the entire family to enjoy this January – from art exhibits to theater to sporting events.  I encourage you to get out there and enjoy all that Huntsville has to offer!

 

Click here to see the monthly calendar of events.  Even better, click here to sign up for automatic reminders of upcoming events!

 

If you are planning to buy or sell a home in 2008, please call me at 256-508-0211 or visit MoveToHuntsville.com to learn more about Huntsville AL real estate.  To receive a complimentary analysis of your home’s value, please click here.

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December 27, 2007

New Year’s Eve in Huntsville AL

Filed under: Huntsville Information, Relocation & Huntsville Information — Huntsville Real Estate Expert Mike Manosky

I hope everybody is enjoying a happy and safe holiday season thus far.  It is almost time to ring in 2008, so I wanted to share with you a link to the New Year’s Eve activities that will be happening around town:

 

Huntsville AL New Year’s Eve celebrations

 

Also, be sure to check out Blog.MoveToHuntsville.com for some ideas on real estate resolutions for the new year.

 

For more information on Huntsville AL real estate, please visit MoveToHuntsville.com or call me at 256-508-0211.  For a complimentary home value analysis, please click here.

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December 13, 2007

Huntsville AL Restaurant Reviews

Filed under: Huntsville Information, Madison County Information, Relocation & Huntsville Information — Huntsville Real Estate Expert Mike Manosky

This week I wanted to share a link with you that I hope you’ll find helpful.  This site offers reviews of restaurants in Huntsville, and allows readers to add their own reviews.   

If you are new to the area and not sure where to go for a good meal, this list of reviews should definitely give you plenty of options to choose from!  Or, if you’re a longtime local, help others out by sharing your experiences of where you’ve been.  If you are thinking of moving to the Huntsville AL area, this list proves that Huntsville is a city full of delicious dining establishments – some longtime favorites, and other up-and-coming “newbies.”  Happy dining! 

If you are thinking of moving to the Huntsville area or would like more information on Huntsville AL real estate, please call me at 256-508-0211 or visit MoveToHuntsville.com.  To begin searching for Huntsville AL homes for sale, please use my complimentary MLS search.

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