RealEstateofHuntsville
Monday, May 21, 2018
New MidCity Development
There has been new developments at MidCity over the past few days. Three businesses will be either coming into or adding a second location to the area. Restaurants Wahlburgers and Rascal Flatts will be coming to MidCity with restaurant sizes just over 7,000sqft. Local establishment Alchemy Lounge coffeehouse has also made an announcement that they will be adding a 2nd location in The Camp which is a concept started by MidCity. The Alchemy Lounge original location is in Lowe Mill.
RealEstateofHuntsville
RealEstateofHuntsville
Wednesday, May 9, 2018
Low Inventory Spreads Across the US
If you read articles from other cities you will see that the Huntsville Metro Area is not isolated in having a low inventory. From Seattle, San Francisco, and Reno in the West to Richmond, Poughkeepsie, and the Delaware Riverfront in Wilmington in the East, all have been affected by lower than normal inventory. This is a sellers market. This means that seller's homes on average have a lower days on market time, possibly more offers coming in, possible higher selling price either through demand/multiple offers, and less competition with resales. As always major competition is still there with new construction which is still very strong. On the other side buyers may have the rougher part of the deal. If the buyer likes a home they may have to make a decision quicker than they would normally with other buyers interested in the same property. They might also have to survive a multiple offer situation in the hopes that the seller takes their offer. Buyers also will look at if they want to pay more for the house with the sales price increasing due to demand.
The National Association of Realtor's recent survey has indicated one strong key to low inventory was the baby boomer generation is currently less likely to sell their home and is happy with the home they currently have. Both percentages of these are over 70%. According to the NAR, this translates into approximately 33 million homes that will stay off the housing market.
Below are two graphs showing over a three year time period the gradual increases in median price per square foot and median listing prices in Huntsville, AL.
Real Estate of Huntsville
The National Association of Realtor's recent survey has indicated one strong key to low inventory was the baby boomer generation is currently less likely to sell their home and is happy with the home they currently have. Both percentages of these are over 70%. According to the NAR, this translates into approximately 33 million homes that will stay off the housing market.
Below are two graphs showing over a three year time period the gradual increases in median price per square foot and median listing prices in Huntsville, AL.
Graphs courtesy of REALTOR.com
Real Estate of Huntsville
Tuesday, May 1, 2018
Huntsville Havoc win SPHL Championship
Congratulations to the Huntsville Havoc for winning the 2018 SPHL Championship over the Peoria Rivermen in the Championship Final. Huntsville won two games out of the three with both wins coming at Peoria. This is the Havoc's second championship in the SPHL.
Today, May 1st, 2018 starting at 5.30-8PM, the Havoc will be having a victory celebration outside the Propst Arean at the Von Braun Center.
Today, May 1st, 2018 starting at 5.30-8PM, the Havoc will be having a victory celebration outside the Propst Arean at the Von Braun Center.
Image Courtesy of Huntsville Havoc and Wikimedia
Homes on the Market as of 5/1/18
Homes on the Market as of 5/1/18
Guntersville, AL 35976
$319,000
MLS#1084932
Magnificent view of Lake Guntersville!!! Double wide stairway leads to 60' wrap around double covered porch overlooking lake. Windows! Windows! Windows! Windows! 20' ceiling in family room w/gas fireplace. Elegant wood flooring thruout entire home. Dining Room/transom windows opens to Kitchen & Family Rm. Tremendous Gourmet Kit huge granite island, granite c'tops, canned lights. Huge 29'x15' MBR overlooking lake w/Windows Windows Windows, Huge Glam Ba leads to covered porch. MBR has 4 double doors leading to 60' wrap around covered porch. Glam Ba, dbl vanities, separate shower, jetted tub, walk in closet. 2 Bedrooms down & 2Bedrooms Up. Oversized 2 car gar. Beautiful & meticulous landscaping. THIS PROPERTY IS A MUST SEE!
Listing Courtesy of Keller Williams Realty
Madison, AL 35758
$409,900
MLS#1081492
AMAZING HOME tucked away at the back of Heritage Plantation with extras that will WOW you. WINDOWS, WINDOWS, WINDOWS!! Light and Bright! Grand great room and an outstanding gourmet kitchen in the center of the house. Kitchen has granite counters and several new appliances and beautiful cabinets. The isolated master was elegantly updated in 2015 with new cabinetry and granite. Outdoor living area is so inviting and can be accessed from the kitchen, family room or master suite. Huge entertaining party deck. One of the most peaceful and serene views of nature. A wonderful upstairs bonus room ready for entertaining. Tremendous storage!! 3-car garage and fenced back yard.
Listing Courtesy of REMAX Unlimited & Keller Williams Realty
Tuesday, April 17, 2018
Huntsville makes it into Top 10 of Best Places to Live in US
US News has released their list of best places to live. Huntsville came in at #7. US News wrote that Huntsville is the most affordable of all 125 Metro Areas and the smallest Metro Area in the top 10. Here is the link to the US News article. Check out what other cities have made the list.
Real Estate of Huntsville
Real Estate of Huntsville
Friday, April 13, 2018
Just listed 102 Coldsprings Drive
Just listed 102 Coldsprings Drive
102 Coldsprings Drive
Harvest, AL 35749
$175,500
MLS#1091474
Stunning!! Brazilian cherry w/piano finish flooring thruout living area, gorgeous! Open floor plan w/vaulted ceiling. Elegant dining room. Split Master. Large Glamour Bath. Jetted tub/separate shower. All bedrooms carpet and kitchen flooring 4/11/18. Sun Room adjacent to living areas, leads to the pergola, perfect for entertaining. Great fenced attractive backyard/cul-de-sac. Gorgeous clubhouse/large pool & playground. THIS IS A CREAM PUFF, HURRY!!
Listing Courtesy of Keller Williams Realty
Wednesday, April 11, 2018
Homes on the Market as of 4/11/18
Homes on the Market as of 4/11/18
Guntersville, AL 35976
$319,000
MLS#1084932
Magnificent view of Lake Guntersville!!! Double wide stairway leads to 60' wrap around double covered porch overlooking lake. Windows! Windows! Windows! Windows! 20' ceiling in family room w/gas fireplace. Elegant wood flooring thruout entire home. Dining Room/transom windows opens to Kitchen & Family Rm. Tremendous Gourmet Kit huge granite island, granite c'tops, canned lights. Huge 29'x15' MBR overlooking lake w/Windows Windows Windows, Huge Glam Ba leads to covered porch. MBR has 4 double doors leading to 60' wrap around covered porch. Glam Ba, dbl vanities, separate shower, jetted tub, walk in closet. 2 Bedrooms down & 2Bedrooms Up. Oversized 2 car gar. Beautiful & meticulous landscaping. THIS PROPERTY IS A MUST SEE!
Listing Courtesy of Keller Williams Realty
Madison, AL 35758
$409,900
MLS#1081492
AMAZING HOME tucked away at the back of Heritage Plantation with extras that will WOW you. WINDOWS, WINDOWS, WINDOWS!! Light and Bright! Grand great room and an outstanding gourmet kitchen in the center of the house. Kitchen has granite counters and several new appliances and beautiful cabinets. The isolated master was elegantly updated in 2015 with new cabinetry and granite. Outdoor living area is so inviting and can be accessed from the kitchen, family room or master suite. Huge entertaining party deck. One of the most peaceful and serene views of nature. A wonderful upstairs bonus room ready for entertaining. Tremendous storage!! 3-car garage and fenced back yard.
Listing Courtesy of REMAX Unlimited/Keller Williams Realty
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