Posts Tagged ‘property’
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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.
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.
Viewing Homes in Auburn for Sale
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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Wednesday, December 28th, 2011
Search online for homes in Auburn with ease.
Scrolling through countless Auburn listings can be frustrating. Learn how to quickly narrow the list to find homes in Auburn that match your personal criteria.
Search for Homes in Auburn for sale by:
1 – Address
Search by street or city.
2 – Maps with landmarks
Draw your search area on a map – highlight schools, cafes, grocery stores plus more.
3 – Property type
Search for residential, condos, commercial property, multi-family, lots and land or other.
4 – MLS number
Enter the MLS number of a home in Auburn to view property details.
5 – Auburn Listing type
Narrow results to open houses, bank owned, featured, exclusive or favorite Auburn listings.
6 – Home Details
Find homes in Auburn by price range, bedroom and/or bathroom count, square footage or lot size.
7 – Keyword Search
Fine tune results with a specific keyword term or phrase.
8 – Save Criteria and/or get email alerts
When you have refined your Auburn home search to match your specific needs be sure to save your search. In addition an email alert can be sent when a property becomes available that matches your pre-set criteria.
Personal homes in Auburn listing services
Contact Weichert Realtors – Porter Properties for a customized list of properties and homes in Auburn for sale. Use our expert knowledge to help guide you with tips, news and other valuable real estate data to find your perfect Auburn home.
472 North Dean Road
Suite 200
Auburn, AL 36830
ph – 334-887-2070
Auburn Homes: al, auburn, auburn for sale, Auburn Homes, auburn homes for sale, auburn listing, Auburn Listings, auburn listings, Auburn Property Search, find, home, homes in auburn, how to, land, lots, map, porter properties, property, real estate, sale, search, weichert
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Tags: al, auburn, auburn for sale, Auburn Homes, auburn homes for sale, auburn listing, auburn listings, find, home, homes in auburn, how to, land, lots, map, porter properties, property, real estate, sale, search, weichert
Posted in Auburn Listings, Auburn Property Search |
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Tuesday, November 15th, 2011
AUBURN REALTOR® – NAMED TO ALABAMA REAL ESTATE COMMISSION
Auburn, Ala., November 8, 2011—Auburn Realtor® Carole J. Harrison, a member of the sales team at WEICHERT, REALTORS® – Porter Properties in Auburn Alabama, has been named to the Alabama Real Estate Commission, representing the Third Congressional District.
 Auburn Realtor, Carole Harrison named to the Alabama Real Estate Commission
Auburn Realtor, Harrison is the 2011 Central Region Vice President for the Alabama Association of REALTORS® (AAR). She is a past president of the Lee County Association of REALTORS® (LCAR) in Auburn Alabama and recipient of the LCAR Realtor® of the year 2009. She has served on many local association committees and currently serves on several state committees including Information and Member Services, Professional Standards and the AU Education Fair Task Force. She is a graduate of her local county’s Leadership Program and of Leadership AAR, and is active with the East Alabama Women’s Council of Realtors® (WCR) as 2011 vice president of membership.
A 13-year area resident, Auburn Realtor, Harrison makes her home in the historic district of Opelika AL and is no stranger to community activities. She maintains membership in both the Auburn AL and Opelika AL Chambers of Commerce and was named the Auburn Alabama Chamber Diplomat of the Year in 2003. She is also a member of Auburn AL Toastmasters and the Kiwanis Club of Auburn Alabama.
Auburn Realtor, Harrison can be reached at WEICHERT, REALTORS® – Porter Properties, located at 472 North Dean Road, Suite 200, in Auburn AL, telephone 334-887-2070.
Auburn Homes: al, alabama, association, auburn, auburn al, Auburn AL Community, Auburn AL Community, Auburn AL Realtor, auburn alabama, Auburn Alabama Realtors, Auburn Chamber of Commerce, auburn real estate, Auburn Real Estate, auburn realtor, Auburn Realtors, Auburn Realtors, Carole Harrison, historic, home, lee county, Opelika AL, Opelika AL Community, opelika alabama, Opelika Chamber of Commerce, Opelika Homes, porter properties, property, real estate, Realtors in Auburn AL, sales team, weichert
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Tags: al, alabama, association, auburn, auburn al, Auburn AL Community, Auburn AL Realtor, auburn alabama, Auburn Alabama Realtors, Auburn Chamber of Commerce, auburn real estate, auburn realtor, Auburn Realtors, Carole Harrison, historic, home, lee county, Opelika AL, Opelika AL Community, opelika alabama, Opelika Chamber of Commerce, porter properties, property, real estate, Realtors in Auburn AL, sales team, weichert
Posted in Auburn AL Community, Auburn Real Estate, Auburn Realtors, Opelika 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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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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Friday, September 9th, 2011
According to factfinder.census.gov the average market value of Auburn homes is under $100,000.
So what can an Auburn real estate buyer expect to find for sale in this price range?
Auburn Homes – Highlights and Statistics
The 2000 data revealed the total number Auburn homes to be 1,963,711. Over 42% of these properties were 1 unit detached single family homes.
Auburn Home Values
The data further submits the majority of homes in Auburn range in value from $50,000 to $99,999 with the median value of $85,100. These numbers represents over 40% of homes in Auburn. Additional research identified slightly over 300 existing homes in Auburn for sale in this price range.
Specified owner-occupied units
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918,570
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100.0%
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| VALUE |
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| Less than $50,000 |
176,187 |
19.2 |
| $50,000 to $99,999 |
392,400 |
42.7 |
| $100,000 to $149,999 |
180,391 |
19.6 |
| $150,000 to $199,999 |
84,488 |
9.2 |
| $200,000 to $299,999 |
52,724 |
5.7 |
| $300,000 to $499,999 |
23,363 |
2.5 |
| $500,000 to $999,999 |
7,052 |
0.8 |
| $1,000,000 or more |
1,965 |
0.2 |
| Median (dollars) |
85,100 |
(X) |
Auburn Homes from $50,000 to $99,999
To expand upon this targeted range of property values and understand what features a buyer can expect to find let’s look at an Auburn home currently on the market for $89,000 and listed by Rick Coffin of Weichert Realtors – Porter Properties.
Introducing…
6556 CO RD 0022, AUBURN, AL 36830
| Bedrooms: |
3 |
| Bathrooms: |
1.5 |
| Full Baths: |
1 |
| Half Baths: |
1 |
| Lot Size: |
43560 |
| Sq.Ft.: |
1,250 |
| Year Built: |
1972 |
| County: |
MACON |
| Subdivision: |
Outside Lee Co |
| MLS #: |
98586 |
Additional Property Features
Newly remodeled and priced to sell! 12 miles to Auburn City Limits. 3BR/1.5BA with new stove, dishwasher to remain, new carpet, freshly painted and one-car carport. Spacious fenced-in yard with a private setting, perfect for the first-time homebuyer.
To view all Auburn homes online 24/7 (click) or visit Weichert Realtors – Porter Properties.
Auburn Homes: al, auburn, auburn for sale, Auburn Homes, Auburn Homes, auburn real estate, family, find, home, homes in auburn, market, market values, property, real estate, sale, single, unit, weichert
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Tags: al, auburn, auburn for sale, Auburn Homes, auburn real estate, family, find, home, homes in auburn, market, market values, property, real estate, sale, single, unit, weichert
Posted in Auburn Homes |
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Tuesday, August 16th, 2011
Follow the step by step tutorial to locate and view properties in Auburn including residential, multi-family, lots and land, condos and commercial and industrial active real estate listings.
To begin go to Weichert Realtors – Porter Properties online located at http://www.PorterProperties.com.
Enter search criteria into the appropriate field(s) located in the property search tool.
You can search by:
- street address
- bedroom and/or bathroom count
- price range
- city or zip code
- property type
- MLS number
- map or list
- Auburn property alerts can be sent to you via email
Fine tune Auburn property display results
Enter one or several fields. To narrow Auburn property results provide more criteria. To get a wide range of results enter city or zip code.
Clicking on map search will display properties for sale on an interactive map. Clicking on list search will display properties in a list form that can be sorted by price.
Property search results can be refined anytime by using the refine search tool. In addition to the above search criteria the following fields are available:
- draw your search area unto map
- listing type – new listings, open houses, bank owned plus more
- square footage
- lot size
- keyword
Any search conducted can be saved via the save this search link. Property updates can be sent via email by clicking the email me property alerts link.
If you have questions about property for sale in Auburn contact Weichert Realtors – Porter Properties for answers.
Auburn Homes: auburn, auburn for sale, Auburn Property Search, how to, locate, lots, map, porter properties, property, property in auburn, sale, search, weichert
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Tags: auburn, auburn for sale, how to, locate, lots, map, porter properties, property, property in auburn, sale, search, weichert
Posted in Auburn Property Search |
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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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Thursday, August 4th, 2011
Auburn Alabama Real Estate Closing Costs Tips
Real Estate closing costs are fees associated with the closing of a real estate transaction. When a home is transferred from a seller to a buyer is referred to as the closing. Typically the majority of closing costs are paid at this time, while some are paid prior.
Standards or regulations surrounding closing costs vary from state to state.
Seller closing costs are often those associated with the sale and transfer of the property such as:
- Real Estate Broker commissions
- Title transfer fees
- Title insurance
Buyer closing costs are often those associated with the mortgage application such as:
- Application fee
- Points
- Pre-paid interest
- Credit report
- Appraisal
Closing costs can be part of the purchase price negotiation process. Both parties must agree to the terms of the transaction and who is responsible for the closing costs. For example, a buyer may ask the seller to pay points or mortgage pre-paid interest if they need assistance buying down the mortgage interest rate.
Because every Auburn Alabama real estate transaction is unique, it is important to work closely with a Real Estate Agent to understand what closing costs are your obligations, what can be negotiated and when they need to be paid.
Contact Weichert Realtors – Porter Properties if you have questions about Opelika – Auburn Alabama real estate closing costs and how they will affect your next real estate transaction.
472 North Dean
Road Suite 200
Auburn, AL 36830
PH 334-887-2070
EMAIL:Sales@porterproperties.com
Auburn Homes: agent, al, alabama, auburn, auburn alabama, Buyers, Buying, closing costs, home, porter properties, property, real estate, Real Estate FAQS, sale, Sellers, weichert
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Tags: agent, al, alabama, auburn, auburn alabama, Buying, closing costs, home, porter properties, property, real estate, sale, weichert
Posted in Buyers, Real Estate FAQS, Sellers |
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