Thursday, July 29, 2010

Wednesday, July 28, 2010

Eating some Diary Queen ice cream may be helpful to your community...check out the link!
http://su.pr/2vFA1J

Tuesday, July 27, 2010

Real estate market update for Auburn, Opelika and Lee County, AL! July 2010

Well…I have let my blog slip for a while. I want to get you caught up with what’s going on first in the real estate market. I will hopefully start back giving my weekly updates on different ‘happenings’ in the area.


The Lessley family made the move in July by selling their home and buying a larger one here in Auburn! Congrats to the new home owners!


I feel like a broken record when discussing the monthly market numbers. To see the latest stats for June 2010 click: Home for sale stats, Auburn, Opelika and Lee County, AL.
 At first glance you will notice one of the things I have pointed out many times, number of properties on the market. As of the end of June there are 1,064 properties on the market. Last year at the same time there were 930 properties. This is a 12.5% increase. The good news for buyers is that you have more properties to select from. The not so good news for the market and sellers is that there is no urgency to buy which brings prices down overall.

New home owners, Cole and Tiffany!  Welcome to Auburn!


For the Auburn market in June there was a substantial increase to the number of closed homes. This was mainly due to the home buyer’s credit that expired June 30. There was almost a 23% increase in number of homes closed for the month. The same holds try for the number of actual homes on the market for Auburn as above. Also, the average sales price dropped just over $30,000.


The sales numbers for Opelika stayed pretty much in line with last year. There again was an increase in overall number of properties on the market. The good news for the Opelika market was a slight increase in average sales price by almost $15,000.

Close to everything in Auburn! Visit: 1001SDeanRoad.info


The condo market remains flat! There are over 400 properties on the market with only 23 closing in the month of June. The days on the market have increased and the average price has dropped which was expected. The issue here is mainly with financing constraints for the condo buyer. If you are able to finance or pay cash it is a good time to possibly pick up a condo in the Auburn/Opelika market.

Congrats to the Wright's for their condo purchase in Auburn!


Rates are incredible and inventory is high so if you are looking to purchase, now is the time! Keep a watch out here for any changing news for the local real estate market.

Ashley D. Miller - http://www.ashleydmiller.com/ - ashleymiller@remax.net - 334-332-8328


Great home for sale in Auburn's Grove Hill:  1272TaylorCourt.info

Tuesday, July 20, 2010

Mortgage Rate Update! Still VERY LOW!
30 Year Conventional – 4.25%, 15 Year Conventional – 3.75%, 30 Year FHA – 4.25%!

Tuesday, July 13, 2010

See the latest home stats for Auburn, Opelika and Lee County, AL...more info to follow on blog.
http://su.pr/7pJi3h