Posts Tagged ‘buyers’
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Friday, January 13th, 2012
Should buyers be excited about buying homes in Auburn in 2012?
What does the 2012 real estate market look like?
 Based on the past performance of local real estate markets, 2012 is going to be an exciting year for buying and selling homes in Auburn and Lee County, Alabama. After years of steady growth and appreciating property values, Auburn homes and property values across the U.S. have dropped.
Despite these turbulent conditions in local and national realty markets, home sales are up, prices are down and the housing inventory is moving quickly.
Attractive prices for historic homes, suburban properties, condos and new constructions mean faster sales and a housing inventory that has dropped 7.5 percent. Today, and as we move further into 2012, there will be plenty of properties available so buyers can take advantage of competitive prices while enjoying a comprehensive selection of properties across the Auburn – Opelika AL area. Current statistics show there are more than 900 local properties with a median price of $149,000, which means many homes could be yours for less than $100k.
According to data from the Alabama Center of Real Estate (ACRE), an organization affiliated with the University of Alabama, the average sale price for homes in the Opelika-Auburn Area and Lee County dropped 15 percent during 2011, which means a three-bedroom house with top-notch amenities can be purchased today for $160,000 compared to the $177,000 a buyer would have paid for the same house a year earlier.
New Construction Homes in 2012
The pricing of new constructions homes in Auburn have seen a modest increase of 5.9 percent during the past year, which means 2012 will be a great time to purchase a new home or condo before the prices go up. One of the most exciting statistics is Auburn home sales have increased more than 24 percent over the past year. In fact, the ACRE reported that growth in the Auburn real estate market exceeded the state average where 64 percent of local markets experienced improved sales numbers.
Buying and Selling Homes in Auburn in 2012
As a current homeowner looking to sell, your chances of finding a buyer quickly are growing all the time. The year 2012 will be a great time to buy and sell Auburn homes. Auburn real estate market forecasts and predictions from the statistical analysis provider Forecast-Chart.com estimate home prices may continue to fall over the next 12 months, which means now is the ideal time to list your home, trade up or secure your first property.
Whether home values go up or down, some things will always stay the same here in beautiful Auburn, Alabama, like our top-rated schools, Auburn University and the historic downtown area. If you’re buying, selling or relocating to this thriving college community for work, school or family, 2012 will provide you with a great window of opportunity. Use the online map search feature at http://www.PorterProperties.com to search, save and share your favorite properties.
Auburn Homes: al, alabama, auburn, Auburn Homes, Auburn Homes, auburn real estate, Auburn University, buyers, Buying, condo, historic, home, homes in auburn, lee county, map, market, Opelika AL, property, real estate, realty, sale, search, selling, university
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Tags: al, alabama, auburn, Auburn Homes, auburn real estate, Auburn University, buyers, Buying, condo, historic, home, homes in auburn, lee county, map, market, Opelika AL, property, real estate, realty, sale, search, selling, university
Posted in Auburn Homes |
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Tuesday, November 15th, 2011
What Auburn Home Buyers Could Expect to Pay
Auburn home MLS listings can range from $3 M plus to under $20,000. This is an incredible discrepancy that offers a wide range of buying advantages. Similar to most real estate markets, location is often the driving factor that dictates the value of a property.
Auburn Homes for Sale
A snapshot of three MLS listings currently on the market in Auburn Alabama.
 Auburn Home #1
2895 Hamilton Road
List Price: $960,000
Total Bedroom Count – 6
Total Bathroom Count – 6
Square footage – 8,803 sq. ft.
Property Description
This magnificent custom built home in 1997 has numerous upgraded amenities and unique features including brick siding, gourmet kitchen with Jennair appliances, basketball court, swimming pool, security and vacuum systems to name a few.
 Auburn Home #2
1097 Walden Lane
List Price: $349,500
Total Bedroom Count – 4
Total Bathroom Count – 4
Square footage – 3,299 sq. ft.
Property Description
Built in 2010 a beautiful European and American architectural styled Auburn home with a spacious kitchen that has granite counter tops, stainless appliances and all wood cherry finished cabinets. Additional special features include hardwood floors throughout the great room, dining room, hallways and foyer and a beautiful fireplace set up for gas logs.
 Auburn Home #3
1094 Princeton Place
List Price: $128,900
Total Bedroom Count – 3
Total Bathroom Count – 2
Square footage – 1,554 sq. ft.
Property Description
An updated condo built in 1997 and is located near the center of town.
What determines Auburn home prices?
When a property is listed on the Multiple Listing Service a property comparison report or similar is produced by the real estate agent. Homeowners can use this report to determine listing price options along with other relevant advice from their real estate agent.
A property comparison report contains recently sold homes that are comparable to the subject property. Adjustments are made to the subject property for features such as square footage, over all condition, bedroom count plus more.
Making Your Offer
How much will you pay for you next Auburn home? Because the listing price is set, this may or may not be what you can expect to pay. Prior to making an offer gathering data by researching comparable homes and understanding the existing real estate market are an essential part of the home buying process. Good negotiation skills may also contribute to the ultimate accepted purchase price.
Contact Weichert Realtors – Porter Properties a local Auburn real estate company for a free comparative market analysis or to schedule a property showing. Auburn home real estate search can be found online 24/7 at PorterProperties.com.
Auburn Homes: auburn, auburn al home for sale, Auburn Homes, auburn homes for sale, Auburn Listings, auburn real estate, buyers, Buying, condo, home, market, market values, porter properties, property, purchasing, real estate, search, weichert
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Tags: auburn, auburn al home for sale, auburn homes for sale, auburn real estate, buyers, Buying, condo, home, market, market values, porter properties, property, purchasing, real estate, search, weichert
Posted in Auburn Homes, Auburn Listings |
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Wednesday, November 9th, 2011
Auburn Real Estate and Retirement
Auburn was just listed as one of the best places to retire. Are you considering buying real estate in Auburn when you retire?
 According to USNews Auburn Alabama made the list as one of the top places to call home after the working years are over.
Popular Auburn Real Estate Choices
Auburn Condominiums are popular due to low maintence requirements. In addition there are many great selections to choose from. New construction homes and great locations are features that many find appealing.
Residents in this friendly community enjoy many lifestyle perks. Cultural attractions, recreational activities, community events, parks and of course a big part of life for many is football. When the Tigers play at home the town bursts with enthusiasm.
Want to learn more about living in Auburn Alabama?
Weichert Realtors – Porter Properties, a locally trusted source for both buyers and sellers seeking information about real estate in Auburn is ready give you an exclusive tour of their community and answer all of your Auburn real estate questions.
Real Estate in Auburn for sale can always be viewed online 24/7 at PorterProperties.com.
Auburn Homes: alabama, auburn, auburn alabama, auburn for sale, Auburn Homes, auburn real estate, buyers, buyers and sellers, Buying, find, home, real estate, real estate in auburn, sale, sellers
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Tags: alabama, auburn, auburn alabama, auburn for sale, auburn real estate, buyers, buyers and sellers, Buying, find, home, real estate, real estate in auburn, sale, sellers
Posted in Auburn Homes |
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Tuesday, October 18th, 2011
Weichert, Realtors Introduces Apple iPhone application for Auburn Homes
 Auburn, Ala., October 11, 2011— Auburn Realty Company, WEICHERT, REALTORS® – Porter Properties Broker Stacey Sanders and Owner Matt Rice report that Weichert, Realtors recently launched an iPhone application for all consumers who have the capability of connecting to the company website through an iPhone. The new application provides an improved online experience for Auburn home buyers and sellers, and offers key functionality, a range of convenient features based on GPS and greater ease-of-use at the touch of a screen.
One of the unique features of Weichert, Realtors’ iPhone application is the user-friendly myWorkbook functionality. The myWorkbook feature lets the user group properties any way he/she would like, allowing notes and listings to be added during any search. Users can share homes in Auburn via e-mail, Twitter or Facebook. Workbooks created on the iPhone are also viewable on Weichert’s website. Once users register with a myWeichert account on Weichert.com, possibilities are endless. Features of the myWeichert account include saving Auburn homes and search criteria, adding notes, uploading photos and rating properties.
Another advantage of the app is its GPS-based features. Users on the go can search for all Auburn homes for sale, or Open Houses within two miles of his/her location. Driving directions between locations are easily accessible and several views of a particular Auburn home can be selected.
“The majority of people today are turning to the Internet when beginning a property search. The most important thing one seeks from an iPhone application is quick access to homes in Auburn and detailed property information at any time from anywhere,” said Michael Montsko, president of the Weichert Lead Network, the Internet marketing arm for Weichert, Realtors. “I am confident that homebuyers will find the Weichert iPhone app and the real-time integration with Weichert.com to be an invaluable tool during their home search.”
Consumers can download the Weichert iPhone application from the main screen on their iPhones by selecting the “App Store” application. Weichert’s application can be found by simply searching “Weichert” in the search browser. Download the application and it is ready for use.
WEICHERT, REALTORS® – Porter Properties joined the Weichert® franchise network in 2008. The agency is located at 472 North Dean Road, Suite 200, in Auburn, telephone 334-887-2070. Website address is www.porterproperties.com.
Auburn Homes: auburn, Auburn al home, auburn al home for sale, auburn al homes for sale, auburn alabama, Auburn Homes, Auburn Homes, auburn homes for sale, Auburn Listings, auburn realty, buyers, experience, find, home, homes in auburn, houses, porter properties, property, realty, search, weichert
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Tags: auburn, Auburn al home, auburn al home for sale, auburn al homes for sale, auburn alabama, Auburn Homes, auburn homes for sale, auburn realty, buyers, experience, find, home, homes in auburn, houses, porter properties, property, realty, search, weichert
Posted in Auburn Homes, Auburn Listings |
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Wednesday, September 7th, 2011
 Attention Auburn AL Home Buyers Seeking Quality New Construction with Convenient Location
Donahue Ridge is a new home development in Auburn AL that seems to have it all.
Spacious 3, 4, and 5 bedroom homes with square footage up to 2850. Large wooded lots including desired amenities like granite counter tops, wood flooring, tile in the wet areas, and rock accent exteriors.
Location: Donahue Ridge offers easy access to the University and Auburn Schools.
Pricing: The price tag for these homes is only $175,000 to $225,000.
Builder: Edgar and Jack Hughston are a father and son team of Builders who are combining quality construction with innovative design.
- Auburn Schools
- Granite Countertops
- Great Lots
- Rock and Cedar Accents
- Convenient to Auburn
Auburn Homes: al, auburn, auburn al, Auburn al home, auburn al homes, Auburn Listings, buyers, donahue ridge, home, homes in auburn, lots, New Construction, new construction, university, wooded lot
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Tags: al, auburn, auburn al, Auburn al home, auburn al homes, buyers, donahue ridge, home, homes in auburn, lots, new construction, university, wooded lot
Posted in Auburn Listings, New Construction |
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Tuesday, August 30th, 2011
 Auburn Condo 1 block from Toomers Corner
Auburn Condo for Sale listed at $509,000 with 2 bedrooms and 2 full baths, 1 half bath and 1,457 square feet. Ideal for home buyers looking for a low maintenance home with many extras and upgrades.
Auburn Condo Highlights
| Property Type: |
Condo |
| Price: |
$509,000 |
| Status: |
Active |
| Bedrooms: |
2 |
| Baths: |
2 Full Baths, 1 Half Bath |
| Sqft: |
1,457 |
| Year Built: |
2007 |
| Area: |
Auburn, AL |
| County: |
Lee |
| MLS/Web ID: |
90564 |
Auburn Condo Description
This is a Dbl Master with 1457 sqft. Travertine tile flooring in Kitchen and Great Room, stainless steel appliances,ice maker,washer/dryer, granite countertops in kitchen & baths, tile shower, covered patio w/ ceramic tile floor & storage closet. Crown moulding throughout. Views of campus. See pix for floorplan. One reserved parking space per bedroom.
Interior Features
Appliances
- Dishwasher
- Disposal / Compactor
- Dryer
- Electric Stove Connection
- Microwave
- Oven
- Refrigerator
- Washer
- Washer/Dryer Hook Up
Cooling System
- Ceiling Fan(s)
- Central Air
Flooring
- Carpet(s)
- Ceramic Tile Flooring
- Tile Flooring
Interior
- Jetted Tub
- Window Treatments
Utilities
- Cable TV Available
- Underground Utilities
- Water
Neighborhood & Schools
| Elementary School: |
WRIGHTS MILL ROAD ELEMENTARY |
Auburn Condominium Listed By
Auburn Homes: al, auburn, Auburn Condos, Auburn Condos, auburn for sale, Auburn Listings, buyers, condo, home, realty, sale
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Tags: al, auburn, Auburn Condos, auburn for sale, buyers, condo, home, realty, sale
Posted in Auburn Condos, Auburn Listings |
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Saturday, August 13th, 2011
Buying property in Auburn or anywhere else can be stressful.
Proper preparation can help eliminate most stressful situations.
 There are many stages and procedures involved in a real estate transaction. Prior to viewing homes there are certain measurements that can be taken to make the transaction as stress free as possible.
This checklist should be used as a guide to make it easier to find the ideal Auburn property in the shortest amount of time while eliminating elements of surprise.
Choose an Auburn Realtor
Choosing a Realtor in Auburn that is knowledgeable about current market trends, one who can compare recent sales to Auburn properties of interest, is a good negotiator, listens to your objectives, is willing to answer questions and expresses an overall attentiveness in your best interest can be invaluable.
Requesting references from a Realtor can help you select the right one.
Affordability
Learning how much you can afford and obtaining a monthly payment that is comfortable to you is another important first step. This can be accomplished by obtaining a pre-qualification letter from a mortgage lender. The lender can also provide other financial qualifications such as down payment requirements, necessary net worth requirements, mortgage insurance payments, interest rate options plus more.
Wish List
A written wish list that prioritizes desired property locations, features and amenities can be used as a check list when visiting numerous properties for sale. It can also be used to help communicate your perfect home requirements with your Realtor. While it may not be possible to get everything on your wish list, getting most might be considered a success.
Every home buyer has different situations and needs that are unique to their personal circumstances. Use these 3 steps as a guide to help eliminate unnecessary complications and enjoy a great experience to purchase your dream property in Auburn.
If you have questions about buying property in Auburn, local Auburn Realty Weichert Realtors – Porter Properties is always ready to help by providing reliable answers.
Auburn Homes: al, auburn, Auburn properties, auburn realtor, Auburn Realtors, auburn realty, buyers, Buyers, Buying, experience, find, home, market, porter properties, property, property in auburn, purchasing, real estate, Real Estate FAQS, realtor, realty, weichert
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Tags: al, auburn, Auburn properties, auburn realtor, auburn realty, buyers, Buying, experience, find, home, market, porter properties, property, property in auburn, purchasing, real estate, realtor, realty, weichert
Posted in Auburn Realtors, Buyers, Real Estate FAQS |
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Monday, August 8th, 2011
Auburn Real Estate Transactions Require a Title Report
A real estate title report is prepared after a property title search has been conducted. They contain comprehensive property information and play a significant role in Auburn real estate transactions of all types.
There are several different types of reports and most contain historical data about the property and owners to determine if the property:
- has liens such as mortgages or assessments.
- has restrictions such as use of land.
The records and data used to produce a real estate title report are public, however, a title company or attorney are often used.
Real estate buyers frequently purchase title insurance. This is an insurance policy sold by a title company in support of its findings. It protects the buyer from unforeseen property issues that may arise after a real estate closing.
Most mortgage companies require title insurance as part of their approval to ensure a clean title is in place.
A title report is an important part of buying and selling real estate in Auburn. If you have questions about title reports or other practices involving a real estate in Auburn contact Weichert Realtors- Porter Properties.
472 North Dean Road
Suite 200
Auburn, AL 36830
334-887-2070
Auburn Homes: al, auburn, auburn real estate, buyers, Buyers, Buying, property, real estate, Real Estate FAQS, real estate in auburn, search, Sellers, selling, title insurance, title report, weichert
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Tags: al, auburn, auburn real estate, buyers, Buying, property, real estate, real estate in auburn, search, selling, title insurance, title report, weichert
Posted in Buyers, Real Estate FAQS, Sellers |
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Tuesday, August 2nd, 2011
Is Buying Fixer Upper Homes in Auburn AL a Good Investment?
 Fixer-uppers refer to homes in various states of disrepair or those that have not been updated in many years and need renovation.
Intrepid buyers who purchase homes in Auburn AL that need work should consider the cost and time involved in the renovation project. Once improvements have been completed most expect an increase to the homes market value.
A renovation project can be either a minor or a major task depending on the scoop of the improvements or renovations being made. Cosmetic upgrades such as replacing fixtures, painting or other minor improvements take less time and money.
Auburn AL Homes and Buying Objectives -
A fixer upper can be a good investment if used to convert an existing structure into a dream come true residence or as an investment. Those purchasing a home to live in expect to pay less than the market warrants. Real estate investors who buy fixer uppers usually sell the home once the work is completed.
Buying the least desirable house in the most desirable neighborhood is a practice some real estate investors abide by. A buyer that plans on living in the home after renovations are completed should look for a property in a neighborhood or community that matches their lifestyle.
Homes in Auburn AL that need fixing up can be a good investment. There are many factors to consider if this route is better investment than purchasing a home that is in move in condition.
Expert Help Buying Homes in Auburn
If you want to explore fixer upper homes for sale in Auburn AL contact Weichert Realtors – Porter Properties. Experience and local real estate market knowledge from an expert can help you analyze the pros and cons associated with purchasing homes in Auburn AL.
Weichert Realtors – Porter Properties Contact Info
Auburn Homes: agent, al, auburn, auburn al, Auburn Homes, Auburn Homes, auburn real estate, buyers, Buyers, Buying, experience, fixer uppers, home, homes for sale in Auburn AL, homes in auburn, improvements, market, porter properties, property, purchasing, real estate, Real Estate FAQS, renovation, sale, weichert
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Tags: agent, al, auburn, auburn al, Auburn Homes, auburn real estate, buyers, Buying, experience, fixer uppers, home, homes for sale in Auburn AL, homes in auburn, improvements, market, porter properties, property, purchasing, real estate, renovation, sale, weichert
Posted in Auburn Homes, Buyers, Real Estate FAQS |
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Monday, July 25th, 2011
 There are both advantages and disadvantages to home ownership. Reviewing the combination can help potential home buyers make educated decisions based on their personal situation. A professional Auburn real estate agent can provide further insights.
Home Buying – Financial Comparison
Today more than ever the ultimate decision is often based on a financial assessment. A monetary analysis can help you visually examine the significance financial differences when deciding if renting or purchasing a home in Auburn best fits your unique circumstances.
Home buying financial factors to consider:
- how long you plan to leave in the home
- down payment requirements
- real estate property taxes
Often renting or leasing a home involves a fixed monthly payment.
Recently NYTimes.com published an online calculator that helps answer the question… Is it better to buy or rent? By entering real numbers it will compute a year by year analysis and compare financial differences. View the buying verses renting calculator here: http://www.nytimes.com/interactive/business/buy-rent-calculator.html
Auburn Homes: agent, auburn, auburn real estate, buyers, Buyers, Buying, home, homes in auburn, property, purchasing, real estate, Real Estate FAQS, real estate financial information, sale
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Tags: agent, auburn, auburn real estate, buyers, Buying, home, homes in auburn, property, purchasing, real estate, real estate financial information, sale
Posted in Buyers, Real Estate FAQS |
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