Fairhope and Baldwin County Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Dec. 5, 2018

New Fairhope Listing at 115 Echo Lane

New Listing at 115 Echo Lane Fairhope

Great home in beautiful setting close to Bay and Downtown Fairhope

Nestled under the canopy of a classic live Oak tree, welcome to this wonderful home on a peaceful cul-de-sac in Fairhope. Echo Lane is one of the better kept secrets in Fairhope and is adjacent to the Fruit and Nut area but doesn’t have the higher prices. 115 Echo Lane Details. You can take a quick stroll down Fig Avenue to the park on Mobile Bay or take a quick ride into town to enjoy everything that is great about Downtown Fairhope. This charming home has been well maintained and nicely updated and is in move- in condition. The beautiful wood floors are throughout the home. They were installed this year and there is no carpet. The kitchen is roomy and has tile floors, newly painted cabinets and beautiful marble counters were installed last year. The refrigerator stays with the home. There are 2 very large bedrooms and either one could be a master. The 3rd bedroom makes a great small den area. The dining room off the entrance could also be an excellent sitting/office area. There is a very large laundry room off the kitchen with laundry tub and additional storage. The washer and dryer are also included. Sit on your front porch and look out over your beautifully landscaped front yard and hydrangea gardens under your glorious Live Oak. Or sit on your back patio and enjoy the peace and quiet of the gardens and fountains and the fenced yard which backs up to a wooded area for additional privacy. A new roof was installed in 2016. There is an oversized carport and a storage building out back.

 

Nov. 30, 2018

Preparing Your Home for a Spring Sale

Preparing Your Home for a Spring Sale

Nov 30, 2018

How to Prepare Your Home This Winter for a Successful Spring Sale
Here’s our go-to list of what sellers should be doing now to ensure for a successful sale next spring.

SHARON LEE

NOV 13, 2018

Guest post by Patti Stern

If you are planning to sell your home next spring, why not get a jumpstart during the fall /winter season so you have more time and less stress while preparing? An added plus is that your home could potentially be ready to list in time for the early spring selling season at the end of January when the market is less crowded. It’s a win-win! Here’s our go-to list of what sellers should be doing now to ensure for a successful sale next spring.

1. Assess Your Home’s Condition – Inside & Out

The first step is to do a thorough walk-thru with an objective eye. Does it have “move-in ready appeal” that will “wow” young, savvy buyers? Is there chipped paint on moldings and trim? Is the front entry carpet runner worn and could benefit from replacing? Look at your property through the lens of your buyer and determine what needs the most attention so that Millennials with families can immediately connect and envision themselves living there with minimal work to do when they move in. 

2. First Impressions Go a Long Way

With the changing seasons, try to tackle exterior repairs and landscaping while you can by keeping gutters clean, lawn raked, shrubs trimmed and driveways/walkways shoveled. For an inviting front porch with curb appeal, maintain a polished look each season with welcoming accents such as potted evergreens or berry branches, a beautiful wreath on the door, glowing lanterns, and a colorful welcome mat.

Living Room Staged by PJ & Company Staging and Interior Decorating

3. Remove Distractions & Get Organized

Tackle clutter one room at a time and decide whether to keep or purge items based on when you last touched or used it. Remove personal items, collectibles and excessive furniture that distract from the room’s key features as well as its perceived size and flow. Then organize the remaining items with efficient storage solutions such as baskets and containers for closets, drawers and cabinets.

Library Staged by PJ & Company Staging and Interior Decorating

4. Make it Fresh & Bright 

Ask yourself if the color on the walls and cabinets is too dark? Does wallpaper need to be removed? Are window treatments dated and heavy? Does worn carpet need replacing? Do hardwood floors need polishing? Simply adding a fresh coat of neutral “greige” paint to dark walls will brighten the room by creating a backdrop to showcase the other elements in the room, such as the white trim, new carpeting, wall art, and furniture (as shown in library above).

Living Room Staged by PJ & Company Staging and Interior Decorating

5. Create the “Wow Factor”

Once you’ve invested in the necessary upgrades for move-in ready appeal, buyers still need to emotionally connect by envisioning how their furnishings will look in the space. Staging a home is an investment in getting the property sold and for top dollar. Professional stagers can create the “wow” factor that might be needed after all of the repairs and upgrades are finished. Complete the look with strategically placed modern furniture paired with pops of colorful and inviting accents that will make a lasting impression as pictured in the living room photo above. 

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

Source: Coldwell Banker Blue Matter

Posted in Selling Your Home
Nov. 4, 2018

Great Daphne Home with Pool

9383 Chamberlain Pass, Daphne AL 36526

Wonderful 5 bedroom family home with swimming pool in the Daphne school area. Home has been beautifully updated and well maintained. There is a large media room upstairs that that is ideal as a recreation room. Screened back deck looks out to inviting pool area. Triple garage with the 3rd garage ideal for a workshop. The large kitchen offers granite counters and stainless appliances. Spacious master suite with whirlpool tub, separate shower and 2 walk-in closets. The home is close to all Daphne schools.

 

Nov. 1, 2018

Baldwin County Top most Improved Market

Top 5 Most Improved Markets in September

Oct 30, 2018

Top 5 Most Improved Markets in September

 Baldwin County is once again leading the State in sales volume and property value increase

     

The Alabama Center for Real Estate created the following rankings based on year-over-year (YOY) growth in total residential sales during September.

  1. 1.  Baldwin County - 18.5 percent
  2. 2.  Tuscaloosa - 16.3 percent
  3. 3.  Lake Martin Area - 14.8 percent
  4. 4.  Cullman - 13.6 percent
  5. 5.  Lee County - 13.2 percent

 

Baldwin County: Residential sales volume in Baldwin County increased 18.5 percent year-over-year (YOY) from 471 to 558 transactions. Year-to-date sales reached a total of 5,362 closed transactions, an increase of 3.9 percent from one year ago. The median sales price increased 5.4 percent from $228,000 to $240,275. The year-to-date median sales price increased 5.5 percent from $227,072 to $239,453. Inventory increased 4.7 percent from 2,711 residential listings one year ago to 2,839 in September. Months of supply decreased from 5.8 to 5.1, while average days on market (DOM) dropped from 102 to 83. 

Tuscaloosa: Residential sales volume in the Tuscaloosa area increased 16.3 percent YOY from 190 to 221 transactions. Year-to-date sales reached a total of 2,102 closed transactions, an increase of 4.3 percent from one year ago. The median sales price increased 11.8 percent from $167,750 to $187,500. The year-to-date median sales price increased 5.4 percent from $165,561 to $174,439. Inventory decreased 8.4 percent from 961 residential listings one year ago to 880 in September. Months of supply decreased from 5.1 to 4.0, while average days on market (DOM) was unchanged from 62 one year ago.

Lake Martin Area: Residential sales volume in the Lake Martin area increased 14.8 percent YOY from 61 to 70 transactions. Year-to-date sales reached a total of 529 closed transactions, an increase of 1.7 percent from one year ago. The median sales price decreased 28.7 percent from $349,000 to $248,700. The year-to-date median sales price decreased 11.4 percent from $267,656 to $237,050. Inventory increased 32 percent from 406 residential listings one year ago to 536 in September. Months of supply increased from 6.7 to 7.7, while average days on market (DOM) dropped from 149 to 123.

Cullman: Residential sales volume in the Cullman area increased 13.6 percent YOY from 66 to 75 transactions. Year-to-date sales reached a total of 664 closed transactions, an increase of 5.7 percent from one year ago. The median sales price decreased 7.1 percent from $150,750 to $140,000. The year-to-date median sales price increased 4.6 percent from $137,064 to $143,367. Inventory decreased 10.9 percent from 561 residential listings one year ago to 500 in September. Months of supply decreased from 8.5 to 6.7, while average days on market (DOM) increased from 111 to 127.

Lee County: Residential sales volume in the Auburn/Opelika area increased 13.2 percent YOY from 136 to 154 transactions. Year-to-date sales reached a total of 1,702 closed transactions, an increase of 15.3 percent from one year ago. The median sales price decreased 9.7 percent from $257,348 to $232,269. The year-to-date median sales price increased 3.8 percent from $225,422 to $234,021. Inventory increased 8.6 percent from 534 residential listings one year ago to 580 in September. Months of supply decreased from 3.9 to 3.8, while average days on market (DOM) dropped from 58 to 55.  

Source: Alabama Center for Real Estate

Oct. 31, 2018

“Smart Home” Technology Is the Future"

“Smart Home” Technology Is the Future. Here’s Why.

Sep 28, 2018

Why should you consider upgrading to this increasingly prevalent technology? Let’s explore a few reasons.

 

SEP 14, 2018

Today’s smartphones go a tremendously long way in making some of life’s responsibilities easier to manage. Their ability to interact with home automation tools has contributed significantly to the rise of Smart Home technology. By making the move to this increasingly innovative tech, homeowners can reap significant benefits. It’s not unusual to come across listings these days promoting Smart Home as one of the several features of a home or a condominium residence. Why should you consider upgrading to this increasingly prevalent technology? Let’s explore a few reasons.

Control at the Touch of a Button

Smart appliances create an unprecedented level of control that simply makes life easier. Take for example something like an oven. Let’s say you were in the middle of baking a great meal for your family or friends but you forgot an essential ingredient, forcing you to head to the store. Instead of worrying whether or not you turned the oven off and having to waste valuable time by turning back, just turn it off at the touch of a button. The same idea applies for your air conditioning. You may wish to turn it off completely when you’re not home, or perhaps turn down the temperature a couple of degrees when you’re on your way home. That way when you arrive home, your home is nice and cool.

Better Safety and Accessibility

Besides making sure ovens don’t stay on, your security is dramatically improved. Through a smartphone, you can see who is knocking at your door when someone rings the doorbell, you can lock your doors remotely, or even keep track of when certain people in your home come and go such as when children arrive from school or when an elderly relative is picked up. Speaking of the elderly, voice commands make it much easier for them to perform simple tasks such as turning on the lights, reducing the risk of injury while attempting to fumble for the light switch in a dark room.

Better Use of Energy

Modern smart appliances have advanced enough that they use minimal electricity. Today’s cooktop stoves, for example, are intelligent enough to know that heat should only be applied when there is a metal pan placed on top. With this intelligent technology, homeowners can potentially save money on their electric bill.

Money Savings

The US Environmental Protection Agency published a study showing that using smart thermostats resulted in as much as thirty percent in energy savings for homeowners. When evaluated over a long-term period such as five years, that’s quite the chunk of money being saved. It’s also worth noting that if and when it comes time to sell your home, Smart Home technology may significantly improve the resale value of your home and catch the eye of a buyer looking for something that offers modern conveniences.

 

Transitioning towards a fully Smart Home equipped home may require a significant investment upfront but again, the long-term rewards outweigh the initial costs. Consider how the technology can benefit you and your family.

JILL HERTZBERG

 

Posted in Owning a Home