Real Estate Sales in Covington County
Covington County's real estate sales have gone up slightly from last year. Real Estate officials say that local residents have purchased more homes this past year than last year at this time. For the last 365-day period home sales increased to 233 verses 226 last year. The average home sale price has decreased slightly. The average house in Covington County sold for $93,100 this year verses $99,934 last year. Properties are selling for a little less this year and are staying on the market less time as well. For the last 365 days, homes stayed on the market for 179 days compared to 182 days this time last year. In Covington County, the total volume of all real estate transactions including land sales for this year is $62,373,636 compared to $63,176,798 this time last year.
While "new" home sales represent a fraction of the housing market, they have an outsize impact on the economy. Each home built creates an average of 3 jobs for a year and and generates about $90,000 in tax revenue, according to the National Association of Home Builders. "New" home sales have fallen to an all time low. These home builders are struggling to compete against re-sale homes which are also low. Overall, Covington County's real estate market is stable with shown improvement over the past 6 months
Now is definitely the time to buy that dream home, and take advantage of historically super-low interest rates! Think you won't qualify? You may be surprised! Give us a call here at Outlaw Realty. We are here to help!
Ref:: The Andalusia Star-News Vol 105, No.241. Pgs. 1 and 5
Posted at 01:30PM Dec 09, 2011 by MaryAlyce Outlaw in Real Estate | Comments[0]
Improving you home's Curb Appeal
**REALTORS URGE SELLERS TO MAKE THEIR HOUSES SHINE**
"Do you want to put a sign in your yard, or do you want to sell your house?"
In today's buyer's market, it's up to the sellers to bring out the best in their homes in order to stand out amidst the glut of inventory.. Translation: Refresh or revive a house before it goes on the market.
The house may not be old, but often it can look worn.
My #1 advice: Stand out on the street and look at the house, see what it looks like when somebody pulls up to the house! Are there cosmetic repairs or touchup things that can be done to give the house curb appeal?
My #2 advice: Clean out the gutters. Leakly faucets, running toilets are easy to fix.
I SAY.... "LETS SELL THIS HOUSE"
Posted at 10:07AM Mar 05, 2011 by MaryAlyce Outlaw in Real Estate | Comments[0]
Local Realtors see $13.1 Million Increase
By the numbers, 2010 proved to be a good year for real estate in Covington County.
Numbers published in the Covington Association of Realtors’ newsletter showed that sales were up $13.1 million over the previous year.
In 2010, Covington Realtors had 600 transactions totaling $64.3 million, compared to 532 transactions totaling $51.2 million in 2009.
reported by: Michele Gerlach, Andalusia Star News
Posted at 06:47PM Feb 21, 2011 by MaryAlyce Outlaw in Real Estate | Comments[0]
Covington, Alabama Jobless rate @ 2 yr low
Figures released by Alabama Department of Industrial Relations state that Covington County's unemployment rate fell to the lowest point in almost 2 years in December. (Andalusia Star-News, January 22, 2011). Covington County's unemployment rate in December was 8.4 %. Covington County is remains below the national rate and Alabama did see a net increase in jobs over the past 12 months.
Posted at 02:45PM Jan 25, 2011 by MaryAlyce Outlaw in Real Estate | Comments[0]
First Impressions..Can be Cruical when selling your home
When getting a home ready to be put on the market, it is crucial that
home Sellers understand the importance of making a good first
impression. While many sellers become overwhelmed with the amount of
changes they think must be made before their home is listed, there are
only a few areas that really matter.
People decide within 30 seconds of walking into a home whether they
might want to buy it, so it’s crucial to make a great first impression.
Posted at 04:03PM Jan 12, 2011 by MaryAlyce Outlaw in Real Estate | Comments[0]
Buying A Home
Buying a home is one of the biggest financial decisions you will make in your lifetime, and along with the finances come emotions. When you are choosing a real estate agent to work with, be patient and take the time you need to find an agent that you connect with. Finding a highly-skilled agent who fits with your personality is crucial.
Posted at 12:32PM Dec 08, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
Bankrate: Mortgage Rates Dip Down
Posted at 09:25AM Dec 03, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
Understand the 3.8 Percent Medicare Tax
Reminder: Congress imposed a 3.8 percent tax on certain investment income of upper-income households to help shore up Medicare. The tax takes effect in 2013 and has generated considerable uncertainty among consumers and real estate professionals.
Posted at 09:23AM Dec 03, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
WE WANT TO WELCOME OUR NEW AGENT
I would like to introduce my new agent, that has joined the team of Outlaw Realty.
From Delores "Delo" Waller.
After 12 years of visiting Andalusia whenever possible, I fell in love with the area and have made many friends and found it would be a wonderful place to call home . Last January, I realized my dream and I moved here from Lafayette, LA . I feel very fortunate to have such a beautiful place to live and plan a future. I was a top producer in in Lafayette, LA Real Estate for 16 years- real estate is what I do and defines what I can excel in. I attended collage in San Marcos, CA and have lived in New York, Pennsylvania, Virginia and Delaware until returning to Louisiana and my family home there for the past 17 years. Originally from North Carolina's Outer Banks and became a Realtor there specializing in resort properties, So I can appreciate the potential this area has. I am very excited about joining up with Outlaw Realty and I know with MaryAlyce's guidance we will be an award winning team. I very much look forward to working with other members of the Covington County Realtors Association and can assure you that I am a "team player" and someone you can depend on to get the job done. Thank you, Andalusia for your gracious acceptance in making me feel so welcome!
Posted at 03:46PM Nov 19, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
82.4 Acres of Property in the Andalusia, AL Area.
Posted at 02:29PM Nov 04, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
Charming Home with Pool and Assumable 5% Moartgage
Posted at 02:02PM Nov 04, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
Custom Built Home in Andalusia, AL
Posted at 04:04PM Sep 29, 2010 by MaryAlyce Outlaw in Real Estate | Comments[0]
