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Old 03-02-2009, 05:01 PM
 
Location: Alabama!
5,027 posts, read 10,910,761 times
Reputation: 2738

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You can always add the granite later. There are plenty of places in town that would be happy to do it: Town Granite, If It's Wood Cabinetry, Creative Countertops, Ceramic Harmony, River City Tile and more local firms, along with Home Depot and Lowe's.
(Why, I don't know...to me, granite has WAY more disadvantages than advantages).

They're all looking for customers right now!
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Old 03-02-2009, 05:03 PM
 
190 posts, read 249,116 times
Reputation: 167
Default "Ours is healthy" - NOT

I've been renting in Huntsville 8 years. The time to buy was in 2000-01. Homes were ~60% of today's prices back then (see OFHEO data). It's been a gold rush mentality ever since 2005. Stay away from 5 points. I love the area but it's way overpriced ($150 / sqft) for such old mill town housing. For a pricing point, my friend just bought a new home on short sale 3br 2ba for around $90 a sqft in Madison. The greater Huntsville area is still in bubble territory. I would wait, IMHO.
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Old 03-02-2009, 07:33 PM
 
Location: Madison, Alabama
957 posts, read 1,566,376 times
Reputation: 267
Quote:
Originally Posted by DanInHSV View Post
I've been renting in Huntsville 8 years. The time to buy was in 2000-01. Homes were ~60% of today's prices back then (see OFHEO data). It's been a gold rush mentality ever since 2005. Stay away from 5 points. I love the area but it's way overpriced ($150 / sqft) for such old mill town housing. For a pricing point, my friend just bought a new home on short sale 3br 2ba for around $90 a sqft in Madison. The greater Huntsville area is still in bubble territory. I would wait, IMHO.
In my professional opinion, now IS the time to buy. Our pricing is down to 2006 prices in some areas and price points, builders are unloading inventory and interest rates are at a 40 year low. Now is not the best time to sell, unless you are moving up. You may "lose" selling, but you'll make it up on the buying end, more than likely.

There are some great deals right now, in all price ranges. Of course, the upper end has the most to offer with a higher inventory rate, which typically means more motivated sellers.

Don't walk from a home because it is lacking granite. You can always add that later. Granite is not a standard in that price range, in most homes.
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Old 03-02-2009, 09:12 PM
 
3,493 posts, read 5,081,659 times
Reputation: 1724
Quote:
Originally Posted by Elizabeth_G View Post
In my professional opinion, now IS the time to buy.
OK, IMNSHO, the "perfect" time to buy is when you need one and will stay for at least 5 years.

Think about it, selling a house cost 6% commission. It will take you at least that long to recoupe your selling expenses, plus no one knows if house prices will go up this year or continue to go down.
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Old 03-02-2009, 09:32 PM
 
Location: Las Flores, Orange County, CA
26,362 posts, read 56,072,269 times
Reputation: 16424
Quote:
Originally Posted by HB2HSV View Post
Think about it, selling a house cost 6% commission.
I've always rule-of-thumb more like 8%-10% when considering everything like moving expenses, fees, escrow this and that.
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Old 03-02-2009, 10:33 PM
 
59 posts, read 112,186 times
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Quote:
Originally Posted by Elizabeth_G View Post
Don't walk from a home because it is lacking granite. You can always add that later. Granite is not a standard in that price range, in most homes.
Oh, I know. It sounds stupid, now that I'm rereading what I wrote. We've just been remodeling our current home for so long that the thought of having to do anything to the next one is so exhausting. Even seeing a paint bucket makes me tired.

We're going to keep looking for a while in case lighting strikes. There are so many homes out there that I want to fall in love, not just have a crush.
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Old 03-02-2009, 10:35 PM
 
59 posts, read 112,186 times
Reputation: 13
Quote:
Originally Posted by Southlander View Post
You can always add the granite later. There are plenty of places in town that would be happy to do it: Town Granite, If It's Wood Cabinetry, Creative Countertops, Ceramic Harmony, River City Tile and more local firms, along with Home Depot and Lowe's.
(Why, I don't know...to me, granite has WAY more disadvantages than advantages).

They're all looking for customers right now!
Thanks for all the suggestions!
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Old 03-03-2009, 08:22 AM
 
40 posts, read 66,795 times
Reputation: 17
Default oh SO not fun

This is not necessarily a constructive post, I just need to commiserate with you...

We have also passed the stage of ooh-ing and aah-ing over valleymls and have had some experiences in SE Hsv similar to those described in this and other threads (e.g. "Why the hole?" and "Exactly where is/was the dead body?"), as well as the "Never mind the dump next door. This is a great area for property values!"

I think that my expectations may have been wrong; I had heard so much about how affordable the cost of living is in Huntsville. I've been a little disappointed by what we can get for our money and by how tough it seems to get the things that we want in a home. We're already working with a realtor. We won't have the time or energy for a major renovation. Good schools are a must. Any words of wisdom?
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Old 03-03-2009, 08:29 AM
 
Location: Athens, AL
205 posts, read 382,404 times
Reputation: 43
Keep in mind that replacing countertops really isn't a big deal.
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Old 03-03-2009, 10:15 AM
 
Location: Madison, Alabama
957 posts, read 1,566,376 times
Reputation: 267
Quote:
Originally Posted by daac09 View Post
This is not necessarily a constructive post, I just need to commiserate with you...

We have also passed the stage of ooh-ing and aah-ing over valleymls and have had some experiences in SE Hsv similar to those described in this and other threads (e.g. "Why the hole?" and "Exactly where is/was the dead body?"), as well as the "Never mind the dump next door. This is a great area for property values!"

I think that my expectations may have been wrong; I had heard so much about how affordable the cost of living is in Huntsville. I've been a little disappointed by what we can get for our money and by how tough it seems to get the things that we want in a home. We're already working with a realtor. We won't have the time or energy for a major renovation. Good schools are a must. Any words of wisdom?
I would start with www.greatschools.net and choose your areas. Your agent can pull the sales history for you in the price range you are shopping in. Have your agent also pull inventory rates. That will determine whether it is a buyers market or sellers market, for your price range. There are deals in all price ranges, you just have to look for them.
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