Friday, February 1, 2008
Huntsville in the Top 10
Huntsville is on the rise. Forbes and Moody's economy.com projections for the fastest growing metro economy in the United States through 2012, has Huntsville as #4 in the nation in the Small metro area category. They estimate our growth to be 26.36%. That is actually 5th best in the entire nation, out of the Larger and Smaller metro areas.
Wednesday, January 23, 2008
Updated Rates
The rate as of today has dropped to 5% for a 30 year fixed mortgage. That is an amazing rate. Just a few months ago the rate was hovering around 6.25%. The difference on a monthly payment financing $200,000 is $157.79 / mo. The principal and interest payment on that home at 6.25% is $1,231.43 and at 5% is $1,073.64. You are saving over $150.00 of interest every month. This is a great time to buy a home. Just call me @ (256) 653-1165 or email me @ mike@gohsv.com to start your search. Thanks for visiting my blog and have a great day.
Saturday, January 12, 2008
Current Rates
The rates have been steadily declining for the past few months. Currently they are right around 5.5%, which makes it a great time to buy a home. Of course that rate is for a 30 year fixed mortgage, the only kind I advise my clients to get. If you have any questions, just let me know at mike@gohsv.com.
Friday, December 7, 2007
Freeze on Subprime ARMs
Great news for sub prime mortgages. President Bust has put together an agreement to freeze interest rates for up to five years on certain sub prime adjustable rate mortgages. This is just a temporary fix, but it will help people keep their homes and not let them go into foreclosure. During the freeze, they should be refinancing to a fixed mortgage. Even if they cannot get a 30 year fixed mortgage at a rate they like, they will have the time to improve their credit rating, pay off debt, or do whatever they need to do to improve their standing.
Friday, November 30, 2007
Interest Rates
The rates for a 30 year fixed mortgage has been declining lately, which is great news if you are looking to buy a home. The rate is currently at 5.75%. It has been hovering between 6% and 6.25% over the past few months. If you have any questions, please do not hesitate to email me at mike@gohsv.com.
Tuesday, November 27, 2007
New Blog
Thank you for visiting GoHsv.com and my Real Estate blog. If you have any questions or have a topic for a future blog, email me at mike@gohsv.com.
I will be changing the format of my blog. Instead of having a monthly blog with a lot of content, I will be posting a lot more often with shorter blogs. By changing formats, I will be able to bring much more information to you quicker. Let me know if you have any questions on Real Estate or any other questions about Huntsville.
Stay tuned for my first updated blog. Please subscribe to my Blog to have it emailed to you as soon as it posts. Thank you and have a great day.
I will be changing the format of my blog. Instead of having a monthly blog with a lot of content, I will be posting a lot more often with shorter blogs. By changing formats, I will be able to bring much more information to you quicker. Let me know if you have any questions on Real Estate or any other questions about Huntsville.
Stay tuned for my first updated blog. Please subscribe to my Blog to have it emailed to you as soon as it posts. Thank you and have a great day.
Saturday, October 27, 2007
Why Huntsville?
Thank you for visiting GoHsv.com and my Real Estate blog. If you have any questions or have a topic for a future blog, email me at mike@gohsv.com.
WHY HUNTSVILLE, ALABAMA?
Why would someone want to move to Huntsville, Alabama? I know Alabama does have a stigma about it, but Huntsville is nothing what you would expect. You truly have to see for yourself the culture, beauty, and way of life that makes Huntsville spectacular. It is one of few cities where you can choose to live in a condo in the middle of everything, subdivisions boasting many amenities, or having a farm with as little as a 30 minute commute to the Redstone Arsenal and Research Park. There are a lot of great reasons to move to Huntsville or at least come down and give it a chance, which I will be getting into in this post.
PERSONALLY
Personally my family and I moved to the Huntsville/Madison County area 2 1/2 years ago from the Chicago area. We were contemplating other places such as Florida, Arizona, and Kentucky. But every time we came down to Huntsville, we liked it more and more. I will be honest, a lot of people asked me "Alabama, really, why?" Now as family and friends came down to visit, they saw that it isn't all trailer parks but it is a thriving technology based city that attracts the best companies and prides itself for parks and entertainment. It is a great place to raise a family and has great nightlife for all tastes.
COST OF LIVING
A great quality that Huntsville has is the Cost of Living. Huntsville is 9% lower than the national average in Cost of Living compared to Washington D.C. being 46% above the national average. Your money goes a lot further here. For instance in the Chicago area I was paying $4,000/yr in property taxes, I have a bigger home down here and am only paying $700/yr. That is a considerable drop, especially since you are getting more home. It's not just taxes, gas is cheaper as well. From when I talk to friends from up north, the gas here is typically .30 cheaper per gallon. Factor that into a lot shorter commute times, and that is a big savings as well.
NIGHTLIFE
The Nightlife in Huntsville has something for everyone and is growing by leaps and bounds all the time. From Martini bars to Sports bars, to dance clubs and the theatre, Huntsville has something for you. Visit my "Nightlife" page on GoHsv.com for a more detailed list of what is out here in Hsv.
FAMILY
This is one of the main reasons we chose Huntsville, because it is such a great place to raise a family. There are a lot of parks and entertainment designed for families no matter the season. The schools in the Huntsville / Madison County area are some of the best in the state, as well as terrific private schools. Visit the "Kids Zone" & "Schools" pages for more info.
REAL ESTATE
Coming from a major city, houses look like a steal down here. Homes that would easily be $1,000,000 + in a major market, you could get for $400,000 here. The Huntsville / Madison County area has any kind of living you can think of. There is downtown living, subdivisions with club houses, pools and many more amenities, to open land from 1 acre to 100+ acres. As I stated before, you can have a farm and have only a short commute to work. Feel free to visit the "Real Estate" page and search for yourself, and if you have any questions, feel free to contact me.
You never know if Huntsville is right for you, unless you take the time and come down and look around. It will be well worth your time. Thank you for taking the time to visit my blog and if you have any questions just email me at mike@gohsv.com. If you have a topic for a future blog as well, just let me know. Thank you and have a great day.
Don't forget to visit GoHsv.com and tell everyone you know.
WHY HUNTSVILLE, ALABAMA?
Why would someone want to move to Huntsville, Alabama? I know Alabama does have a stigma about it, but Huntsville is nothing what you would expect. You truly have to see for yourself the culture, beauty, and way of life that makes Huntsville spectacular. It is one of few cities where you can choose to live in a condo in the middle of everything, subdivisions boasting many amenities, or having a farm with as little as a 30 minute commute to the Redstone Arsenal and Research Park. There are a lot of great reasons to move to Huntsville or at least come down and give it a chance, which I will be getting into in this post.
PERSONALLY
Personally my family and I moved to the Huntsville/Madison County area 2 1/2 years ago from the Chicago area. We were contemplating other places such as Florida, Arizona, and Kentucky. But every time we came down to Huntsville, we liked it more and more. I will be honest, a lot of people asked me "Alabama, really, why?" Now as family and friends came down to visit, they saw that it isn't all trailer parks but it is a thriving technology based city that attracts the best companies and prides itself for parks and entertainment. It is a great place to raise a family and has great nightlife for all tastes.
COST OF LIVING
A great quality that Huntsville has is the Cost of Living. Huntsville is 9% lower than the national average in Cost of Living compared to Washington D.C. being 46% above the national average. Your money goes a lot further here. For instance in the Chicago area I was paying $4,000/yr in property taxes, I have a bigger home down here and am only paying $700/yr. That is a considerable drop, especially since you are getting more home. It's not just taxes, gas is cheaper as well. From when I talk to friends from up north, the gas here is typically .30 cheaper per gallon. Factor that into a lot shorter commute times, and that is a big savings as well.
NIGHTLIFE
The Nightlife in Huntsville has something for everyone and is growing by leaps and bounds all the time. From Martini bars to Sports bars, to dance clubs and the theatre, Huntsville has something for you. Visit my "Nightlife" page on GoHsv.com for a more detailed list of what is out here in Hsv.
FAMILY
This is one of the main reasons we chose Huntsville, because it is such a great place to raise a family. There are a lot of parks and entertainment designed for families no matter the season. The schools in the Huntsville / Madison County area are some of the best in the state, as well as terrific private schools. Visit the "Kids Zone" & "Schools" pages for more info.
REAL ESTATE
Coming from a major city, houses look like a steal down here. Homes that would easily be $1,000,000 + in a major market, you could get for $400,000 here. The Huntsville / Madison County area has any kind of living you can think of. There is downtown living, subdivisions with club houses, pools and many more amenities, to open land from 1 acre to 100+ acres. As I stated before, you can have a farm and have only a short commute to work. Feel free to visit the "Real Estate" page and search for yourself, and if you have any questions, feel free to contact me.
You never know if Huntsville is right for you, unless you take the time and come down and look around. It will be well worth your time. Thank you for taking the time to visit my blog and if you have any questions just email me at mike@gohsv.com. If you have a topic for a future blog as well, just let me know. Thank you and have a great day.
Don't forget to visit GoHsv.com and tell everyone you know.
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