Charles Woodall's (dothanhomesearch) Blog

As promised, here is the last eight weeks data on foreclosure notices published in the local newspaper. I have only been tracking this information since November, even though before that I looked at the notices at least several times each week. I can say with a lot of certainty that I have never ...

Continuing the theme from yesterday, here is the new and improved Dothan real estate market inventory report, covering the inventory numbers and absorption rate. Inventory You’ll notice a slight drop in December. Also notice the slight drop last January. This is a typical winter occurrence. Inven...

You’ll notice a couple of things with this month’s update. First, some of the numbers from previous months are different from the numbers in previous market updates. Why? I have been using some numbers from the Alabama Real Estate Research Center, but I have started to question their accuracy. So...

CostvsValue.com recently released its annual Cost vs Value report, which is a detailed list of the value returned on several different remodeling projects, both midrange and upscale. The report shows an average of what home owners can expect to recoup out of the cost of a home improvement project...

Judy Spears posted this on our company website, dothanhomesearch.com, today. The number of new homes started in December was up from November, but considering that November had the fewest number of new homes started in at least five years, that isn’t much to get excited about. Here is the trend o...

I was over at my brother’s house just before Christmas helping put a trampoline together for my niece. His neighbor, who has her house on the market, came over to check out what we were doing. Without knowing me or what business I am in, she starts talking about a recent offer that was presented ...

This is the time of year for resolutions and predictions. The resolutions will come tomorrow, so today we will discuss what 2008 holds for the real estate market in and around the Dothan, Alabama area. I am not really going out on a limb with any bold predictions, and I refuse to beat the 'everyt...

Some great links from around the Tomato Vine this week. Janis down at in Port Orange, Florida has some keen advice for home buyers, and she discusses it in her post about the precautions buyer need to take regarding their credit while waiting on to close on their new home. Wachovia Bank, a relati...

If you are having trouble making the mortgage payment on your Dothan area home, there may be some free help available to you. The Homeownership Preservation Foundation is a non-profit organization that offers free counseling to homeowners to help them avoid foreclosure. Call 1–888–995–HOPE, or vi...

There were 94 homes sold in Dothan in November, according to the Dothan Multiple Listing Service. Looking at the statistics, each spent an average of 128 days on the market. Out of those 94 homes however, 25 sold in less than 60 days. Why? The median price for these quick sellers was around $133,...