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Russell County, AL Real Estate News

By Mike Tarleton
(Primary Residential Mortgage)
Federal Housing Tax Credit:  Special Rules for Qualified Service MembersCall Mike Tarleton at Primary Residential Mortgage with any questions or for a free pre-qualification.  (706) 888-0980.  Exemption From Tax Credit Recapture Rules  · Typically, homes that are sold or that cease to be used as a principal residence within three years of the initial purchase are subject to recapture of the tax credit.  · However, qualified service members who sell or move from a tax credit home within three years of the initial purchase due to official extended duty are exempt from the recapture rule. Extension of Tax Credit Deadlines · The home buyer tax credit is available for qualified purchases with a binding sales contract in place on or before April 30, 2010 and closed by September 30, 2010.   · ...
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By Mike Tarleton
(Primary Residential Mortgage)
The first wave of 200 out of approximately 3,000 soldiers arrived early this morning.  We welcome you back and thank you for your service!!!      www.gamedayforheroes.com  
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By Mike Tarleton
(Primary Residential Mortgage)
Moving to Ft. Benning?  Check out this great resource on Facebook.     http://www.facebook.com/#!/pages/Columbus-GA/Ft-Knox-to-Ft-Benning-Useful-Information-for-Ft-Benning-Newcomers/114335591933102?ref=sgm&__a=17&ajaxpipe=1   Several Local Businesses are posting information about Benning, Phenix City and Columbus.  This is mostly a real estate related site, but any questions about our area will be answered.
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By Jamie and Terri Griffis, Lake *Home *Land
(1827 Real Estate, LLC)
Market Report for the Fort Benning area in Alabama Phenix City, Smiths, Fort Mitchell and Seale We saw a slight drop in home sales in May, an 8% decrease from April. Total Homes Sold: May-91     April-98 Average Days on Market: May-127     April-162 Average Sold Price: May-$151k      April-$144 New Listings Taken: May-198      April-231 Total Sold Volume: May-$13.7 mil      April-$14.1 mil   VA financing continues to be the popular method. Many military families find that the west gate area to Fort Benning brings a little more home for the money. FHA financing was second, cash sales led conventional financing. This maybe due to investors purchasing foreclosures. Please contact me for more information about the market or any other information about the area.
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By Carey Scott
(Prestige Property Brokers)
Find all Phenix City Homes for Sale and Phenix City Real Estate in one location. Re/Max Prime Realty of Phenix City, AL and Columbus, GA area has all the listed properties in the area on one website. This site pulls all of the listed properties from the Phenix City MLS and Columbus MLS. No need to go from site to site looking for properties. To begin your search click search all Phenix City Homes for Sale and Phenix City Real Estate.   Phenix City Homes for Sale You can search all Phenix City Homes for Sale by using mls#'s, city, zip codes, property address, price range, number of bedroom, or number of bathrooms. This includes the areas of Fort Mitchell, Seale, all of Russell County, Smiths Station, Salem, and all of Lee County. There will be a map that pops up with the locations. Below...
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In a recent article of "The Economist", Moody's Economy.com the Phenix City, AL - Columbus, GA area ranked 7th nationally in job growth out of 378 metropolitan areas. This is tremendous news for the area and especially the homes for sale in the Phenix City, AL and Columbus, GA area. With other cities in the state and nation struggling in these tough economic time, this area is going from strength to strength.   There are several factors that contribute to the job growth. Some of the factors are the proximity to Kia Auto plant in LaGrange, GA, ATM manufacture NCR moving to the Columbus area and wholesale distributor Nash Finch move to the area just to name some of the new employers.     But the biggest boost to the area is the expansion of an existing employer - The United States Army. A...
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By Jamie and Terri Griffis, Lake *Home *Land
(1827 Real Estate, LLC)
The Fort Benning area year end Market report for Alabama including the cities of Fort Mitchell, Phenix City, Seale, Smiths and lake Harding   Total homes sold in this area: 1167 Total days on market: 128 Median home price: $153,000 Number of new listings taken: 2234 Total sold dollar volume: $178 million Of all financing obtained, VA was the most popular with 50% more than FHA. This is due to the enormous increase in homes being built in Fort Mitchell. Fort Mitchell is just outside the west entrance of Fort Benning making it a very convenient location for military to reside. We have seen an increase of military families moving to the area due to the Base Realignment and Closings (BRAC) in which many bases around the country are closing. While many are closing, Fort Benning is expanding...
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By Chris McDonald
(WR Starkey Mortgage, LLP.)
Here come the 2010 forecasts... Mortgages rates, which hit an all-time low about a month ago, are slated to rise to six percent by the end of 2010, according to the deputy chief economist at mortgage financier Freddie Mac. Amy Crew Cutts told the Washington Post mortgage rates could climb about a percentage point over the next year as the Fed winds down its mortgage securities purchase program. She said private buyers of mortgage securities will demand a higher rate of return on the investments than that of the Federal Reserve, prompting banks and lenders to raise interest rates for consumer loans. Last week, the always-hot 30-year fixed averaged 5.05 percent, up slightly from 4.94 percent a week earlier; but rates have increased for three consecutive weeks since hitting rock bottom. A...
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By Chris McDonald
(WR Starkey Mortgage, LLP.)
Monday's bond market has opened in negative territory following early stock gains and stronger than expected housing news. The Dow is currently up 94 points while the Nasdaq has gained 15 points. The bond market is currently down 18/32, which will likely push this morning's mortgage rates higher by approximately .250 of a discount point.The only economic data released this morning was January's Existing Home Sales report. The National Association of Realtors releases this data that tracks home resales in the U.S. It showed a slight drop in sales, but not nearly as much of a drop that analysts had expected. With this being today's only news, it has had a moderate impact on today's bond trading and mortgage rates.The first big report of the week will be released early tomorrow morning whe...
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By Chris McDonald
(WR Starkey Mortgage, LLP.)
Working with the top Realestate Teams in the Auburn/Opelika and Cloumbus/Phenix City areas to bring you the absolute best investment opportunities available in our marketplace. Period
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By Chris McDonald
(WR Starkey Mortgage, LLP.)
Pulte Homes rallies to 3-mo. high on improved liquidity; BofA lifts price target January 31, 2008: 11:52 AM ESTNEW YORK, Jan. 31, 2008 (Thomson Financial delivered by Newstex) -- Shares of Pulte Homes (NYSE:PHM) surged to a 3-month high Thursday, as Wall Street cheered the third-largest homebuilder's improved liquidity position.The stock ran up 13% to $15.28, and hit a high of $15.35 in intraday trading, the highest price seen since Oct. 31. The stock turned sharply higher after opening the session down as much as 5.5%.Pulte reported late Wednesday a fourth-quarter net loss of $874.7 million, or $3.46 a share, including a $543.3 million inventory impairment charge, compared with a loss of $8.4 million, or 3 cents a share, a year earlier. Revenue fell 34% to $2.9 billion. Analysts survey...
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By Julie Wynn
(Wynning Interiors, LLC)
Our website is finally live!Come check us out at www.wynninginteriors.comOn our website you can find information on our services, you can check out our photo gallery of before & after pictures, you can read more about me, Julie Wynn, and you can contact me for more information.Check us out and let us know what you think.  I can't wait to hear from all of you!
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By Wayne Long, Homes for Sale In Fort Benning Ga
(Columbus Ga Real Estate, LLC - Fort Benning - Phenix City )
Phenix City cleared a major hurdle for the Troy State University Business School to locate along the River in Phenix City.    The Office of Housing and Development approved the purchase of the Triangle property at the 700 and 800 blocks of Phenix City.   This is the land designated to be used for the new business school.   The new business school coupled with the construction of the Phenixian along the Riverfront will be a huge step in the revitalization of downtown Phenix City.   Phenix City is working to revitalize much like Columbus on the other side of the river.   Columbus State University has moved their art and music schools downtown and rehabbed several downtown buildings in the process.   Coupled with the new streetscapes and the RiverCenter - downtown is becoming a great place...
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By Julie Wynn
(Wynning Interiors, LLC)
Home Staging in Columbus, GA/Phenix City, AL is here!!  Although the Real Estate market in this area is picking up a bit, it is still quite sluggish.  Do you have a home that hasn't sold?  Why not have a Certified Professional Home Stager come in for a consultation?  Wynning Interiors is the first company in the Columbus, GA/Phenix City, AL area to offer Home Staging services by a SDP Certified Home Stager.This staging consultation will involve a "walk through" from the front curb to the back yard with you and your Client.  I'll make recommendations for updating, de-personalizing, furniture rearrangement, getting a head start on packing, painting, cleaning and repairs (though this isn't a home inspection) that will help you showcase the house's best features.  And if you or your Client ...
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