Real Estate News and Advice
July 9, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Alabama > Madison


Market Conditions Summary for Madison, Alabama


Reported by

John Morley
as of 7/2/2008:
As we head into the peak summer selling months, our market remains encouragingly stable. May was a good month with a great deal of buyer activity. Months of inventory decreased in almost every price point, and there seems to be somewhat of a "buying... MORE->

Reported by

Elaine Erves Simelton
as of 6/23/2008:
GREEETINGS FROM MADISON ~~ A WONDERFUL SUBURBAN AREA OF HUNTSVILLE! We are currently experiencing a Buyer's Market with prices rising slightly. The Greater Huntsville area's market is unique and while some parts of the country are... MORE->
About Elaine Erves Simelton

Reported by

Elizabeth Cooper
as of 6/16/2008:
Some mixed but overall good news in May's Huntsville Market performance. Unit sales were off ~20% year-over-year, inventory though was down ~3%, absorption rate inventory improved to ~7 months of supply, and prices remained flat but... MORE->
About Elizabeth Cooper


Average Current Market Rating: 2.3    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 3.3    (3 ratings)




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Falling

Rising

Navigate: Top > Alabama > Madison


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



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Mortgage Rates
30 Year Fixed: 6.35%
15 Year Fixed: 5.92%
1 Year Adj: 5.17%
(U.S. Weekly Averages)

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