MENU

Blog

Open House(s) in the River Region

Posted by: MAAR/MLS on Friday, June 21, 2019

Searching for a

Searching for a dream home?  

Many area REALTORS® will hold homes Open for prospective buyers.  Check our listings for the area Open Houses this weekend.

Click Here to see a complete listing

 

Existing-Home Sales Ascend 2.5% in May

Posted by: MAAR/MLS on Friday, June 21, 2019

WASHINGTON (June 21, 2019) – Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®. Each of the four major U.S. regions saw a growth in sales, with the Northeast experiencing the biggest surge last month.

Total existing-home sales1, completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 2.5% from April to a seasonally adjusted annual rate of 5.34 million in May. Total sales, however, are down 1.1% from a year ago (5.40 million in May 2018).     

More Buyers Use Govít Assistance Programs for Down Payments

Posted by: Kim McElroy, 2019 President MAAR on Thursday, June 20, 2019

Some would-be home buyers may be able to afford the
monthly payments of a mortgage, but they can’t scrape up
enough money for the down payment. More than 2,500
government assistance programs nationwide are offering
help, and more buyers are taking advantage of the aid.
More than 13% of borrowers who used Federal Housing
Administration mortgages in the first three months of this
year used government assistance for their down payment,
up from 8.6% five years prior, according to recently
published FHA data. The number of government assistance programs has
doubled between 2013 to 2016..

Open House(s) in the River Region

Posted by: MAAR MLS on Friday, June 7, 2019

Searching for a dream home?  

Many area REALTORS® will hold homes Open for prospective buyers.  Check our listings for the area Open Houses this weekend.

Click Here to see a complete listing

Open House(s) in the River Region

Posted by: MAAR MLS on Friday, May 31, 2019

Searching for a dream home?  

Many area REALTORS® will hold homes Open for prospective buyers.  Check our listings for the area Open Houses this weekend.

Click Here to see a complete listing

$12.5M senior center coming to midtown Montgomery

Posted by: Jennifer on Thursday, May 30, 2019

A $12.5 million project is underway to build a senior living center on the former campus of Saint James School in Montgomery.

Crews are demolishing an old gym at 2005 N. Country Club Drive to make way for the new development. The campus off Carter Hill Road in midtown was used by the school starting in the 1970s before Saint James moved to its current location on Vaughn Road.

“There’s an aging population of seniors. We saw a need for affordable housing there,” said Tom Champion, an executive with co-developer Gulf Coast Housing Partnership.

Called Country Club Estates, the project will feature 62 units of “affordable independent living” for people 55 and older, spread over a 67,000-square-foot, two-story building. 

Montgomery-based electric authority closes deal on 350K solar panel array

Posted by: Brian Edwards, Montgomery Advertiser on Wednesday, May 29, 2019

In Montgomery County, 800 rural acres will soon be home to a massive 350,000-panel  solar array.

The project, a partnership between local utility company Alabama Municipal Electric Authority and Lightsource BP, will bring a large-scale, utility-sized solar development to the River Region. Utility leaders say several recent factors have made solar power a realistic energy source, and they expect others to follow suit shortly.