With private, secured underground parking, Legends of Magnolia Condominiums is the ultimate combination of convenience and luxury in the downtown University area. The Legends is a 54-unit luxury condominium development located at 234 West Magnolia Avenue in Auburn across from campus.
I’m the agent on duty at Legends of Magnolia today. I’m headed up now to the fourth floor to the model unit for some photos to post. More to come in a bit.
Nearly half the homes sold in March – 48.2 percent – were purchased by first-time buyers, according to a survey of more than 1,500 real estate practitioners by Campbell/Inside Mortgage Finance.
“Many observers had felt that the pool of first time home buyers had been depleted last fall,” Thomas Popik, research director for Campbell Surveys, said in a statement. “Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers.”
Source: Reuters news (04/19/2010)
I’m always looking for simple, yet elegant ways to stage homes. This beautiful place setting is compliments of Karen Turner of Prestige Properties. I discovered it during a visit to a great townhouse I recently visited at Olde World Townhomes. This development is completely sold out as of March.
Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and remains 17.3 percent above February 2009 when it was 83.2. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.
There’s still time to take advantage of the $8000.00 tax credit as long as the contract is signed prior to April 30th and closing occurs by June 30th.
This custom home is unique and with all the extras. The view of the golf course is incredible. Detailed, lush landscaping with many focal areas. This house was built with a backup generator desidgned to provide H/A, refrigeration, lights and hot water in case of power outage. How’s that for being prepared. The details throughout the house are tastefully elegant. Screened porch off master.
Auburn Open House Weekend
Weichert Realtors, Porter Properties will be opening the doors to many of our homes this weekend, April 10-11. This event, The Alabama Open House, will coincide with the REALTOR® Nationwide Open House.
This is a great opportunity for residents to not only view a large selection of homes, but to take advantage of the tax credit before the deadline. The tax credit, worth up to $8,000, is only applicable if the purchase contract is signed by April 30th.
FEATURED HOMES
3405 Tifton Lane, Opelika, Alabama
This custom home is unique and with all the extras. The view of the golf course is incredible. Detailed, lush landscaping with many focal areas. This house was built with a backup generator desidgned to provide H/A, refrigeration, lights and hot water in case of power outage. How’s that for being prepared. The details throughout the house are tastefully elegant. Screened porch off master.
3901 Eagle Ridge Lane, Opelika, Alabama
This home is an approved short sale and can close within 30 days. It features crown molding, granite counter tops, tray ceilings, garden tub/separate shower. It’s in a great location off of Opelika Rd.
