Saturday, January 27, 2007

Americans Migrating West & Southeast

United Van Lines has released its 2006 Migration Study. A strong mobility pattern continued in 2006 as many Americans packed up their belongings and headed to the West and Southeast parts of the country, while the Central Northeast region of the country experienced an increase in residents departing. The statistics are among the findings of United Van Line’s 30th annual “migration” study that tracks where its customers, over the last 12 months, moved from and the most popular destinations. The findings were announced by Carl Walter, vice president of United Van Lines, the nation’s largest household goods mover.

The report shows Alabama (57.5%) experienced its fourth year as a high-inbound location. Many Americans have learned what Alabamans have know all along. Alabama is a great place to live!

If you are interested in Montgomery AL real estate, vist my website to view all real estate listings, get new listing alerts, and learn what makes Montgomery special.

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Friday, January 19, 2007

Midtown Montgomery Housing Market Expected to Rise in 2007

"After bottoming in the fourth quarter of 2006, existing-home sales are expected to rise through 2007 and into 2008, while new home sales should turnaround by summer, according to the latest forecast by the National Association of Realtors." Is this an accurate forecast for Midtown Montgomery? Let's take a look.

The number of sold single family homes in Midtown Montgomery (Midtown consists of neighborhoods south of I-85 between Exits1 and 6) in December was down 25 percent compared to December 2005. The number of pending listings remained unchanged. December 2005 saw market times of 83 days compared to this December's 103 days, a 24 percent increase.

The average sales price in December increased 16 percent to a price of $148,942.


Now, let's take a look at the year end statistics for Midtown. Sales in 2006 were down from 2005 by 10 percent. A better stat than December's 25 percent, indicating the fourth quarter was not as strong as the beginning of the year.

Market times actually decreased in 2006 from 100 days on the market to 83 days on the market. This is a dramatic and very positive difference from the December figure.
2006 appreciation is 16 percent (same as December), with the average price being $151,018 compared to $129,851 in 2005.


Montgomery remains a strong market and avoided the price decreases experienced throughout much of the country. Based on buyer activity early in January (calls, walk-ins, open house attendance, etc.), 2007 will be a very strong year.

Wondering what prices are doing in your neighborhood? Visit MontgomeryHomeInfo.com. A market evaluation will be emailed to you.

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

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Friday, January 12, 2007

Published by the Montgomery Advertiser

The Montgomery Advertiser has published my article, "Vacant Lots, Buildings Disappear with Infill Housing" which addresses development in Midtown Montgomery. The article was originally written for our monthly newsletter, Midtown Living, which was referenced is the previous post.

Are you interested in buying Midtown Montgomery real estate? If so, you can sign up for a FREE email home search at EmailMontgomeryAlabamaHomes.com. It's fast, easy, convenient, no obligation and most of all FREE!

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Monday, January 08, 2007

Infill Housing in Midtown Montgomery

We are proud to present the January/February 2007 edition of Midtown Living, featuring articles concerning:
  • Infill Housing in Midtown
  • What's Ahead for 2007
  • Predicting Midtown's Future
  • Heater Safety Inspections & Guarantees by Hans Heating & Air
  • Homes For Sale in Midtown
  • and more...

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