Fall officially arrives on Sunday, September 22! Lake Martin Alabama is just a beautiful in the fall!
Over $500,000 below previous listing’s price in 2011. Updates completed just a few years ago!! Gated community. Covered boat slip with TWO lifts. Storage in walk-in attic as well as 5 car garage with work shop. Pre-approval and proof of funds required for financing offers. Proof of funds required for cash offers. Pictures ar for illustration purposes only. Home is sold unfurnished and AS-IS.
Inman News
The housing market continued to trudge towards a recovery in March, with rising construction starts and falling foreclosure and delinquency rates bringing market conditions closer to those of a balanced one, according to Trulia’s Housing Barometer.
The barometer summarizes three key housing market indicators — construction starts, existing home sales, and the delinquency-plus-foreclosure rate — looking at how current conditions compare to those recorded at the depths of the housing crisis and those recorded before the housing bubble.
Trulia noted that while existing home sales dipped slightly from February to March, they were up 10 percent from a year ago. Residential construction posted a 47 percent annual gain in March, and the share of mortgages in delinquency or foreclosure fell to 9.96 percent, down a full percentage point from the same time last year.
As a result, Trulia’s Housing Barometer puts the housing market at 56 percent of the way back to normal in March, compared to 54 percent in February and 33 percent a year ago.
This month’s improvement is even better than it looks, said Trulia Chief Economist Jed Kolko, because of a shift of sales from distressed to conventional and early signs that the inventory crunch may be easing, which would bring some relief to would-be homebuyers.
