Huntsville Real Estate

Getting an accurate sense of the current market value of your existing or future home is part science and part art. If the home of interest is in a neighborhood of similar homes, it’s easier to establish value than if it’s in an area that has a wide variability in home size, style, and quality. […]

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First you should analyze recent sales in your area. Have your agent pull recent sold homes in your area and look at the differences when compared to your home. In other words, why did those homes sell instead of yours?
Look closely at the listing and sales price per square foot on comparable homes that […]

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I know this will sound, like such a cliché, I mean who hasn’t heard that real estate is about: location, location, location. I mention location and price range as a mantra in so many posts that I realize it must get a bit tiresome. Nevertheless, it remains a truism no mater your whereabouts. E.g., […]

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Our local Huntsville Real Estate market does have some pent-up inventory as we head into the traditional Spring/Summer home selling season.Even though Huntsville is weathering the current national housing environment very well, local buyers are still more cautious about what they buy because they are aware of the more widespread market weakness and they know […]

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What? We can’t guarantee a transaction with no problems? Well, you know the saying “The best laid plans of mice and men….” What we can offer is our seasoned experience when things get bumpy. We’ve seen or heard just about every problem out there. Here’s a list of 88. When […]

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Absorption Rate is a metric used by some real estate professionals to measure a market’s internal supply and demand. It basically utilizes the current inventory of homes (supply) and recent sales history (demand) to calculate the market’s current sales rate.
For example if a market has 1,000 current listings and a sales history of 2,000 homes […]

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Many experienced home owners are familiar with a commonly used statistic known as: Average Days on Market. It is very frequently espoused by many a real estate agent being interviewed for a potential MLS listing. Perhaps you’ve heard something like, ‘My average listing sells within 28 days of being on the market” or ‘The average […]

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It’s important to understand what legal responsibilities your real estate salesperson has to you and to other parties in the transactions. Ask your salesperson to explain what type of agency relationship you have with him or her and with the brokerage company.

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When you sell a stock, you owe taxes on your gain—the difference between what you paid for the stock and what you sold it for. The same is true with selling a home (or a second home), but there are some special considerations.
How to Calculate Gain
In real estate, capital gains are based not on what […]

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Upgrading your home is always appealing, but which enhancements get you the best return for your money when it’s time to sell? The 2004 Cost vs. Value Report by Remodeling magazine and REALTOR® Magazine has the answer.
Visit REALTOR® Magazine Online’s Cost vs. Value page to view reports from previous years, order reprints, and find out […]

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