Southern College Towns Not Tired for Retirees

October 21st, 2014

Full article HERE

Effective Real Estate Tax Rate (2013)

October 9th, 2014

effectiveTax

The Relative Value of $100

September 19th, 2014

Dollar Value

Opelika Puts Itself on the Main Line

August 27th, 2014

Opelika Article

2013 Professional Builder Magazine Silver Award

May 14th, 2014

National Village, American Eagle

Opelika, Ala. 

Entrant: Ingram & Associates, LLC

Builder: Conner Bros.

Designer: Larry Garnett Designs

Interior designer: Kay Green Design, Inc.

Developer: The Retirement Systems of Alabama

Land planner: Goodwyn/Mills/Cawood

Photographer: Meg McKinney Photos

Size: 1,585 sf

Hard cost (excluding land): $96/sf

Sales price: $253,900

Completion: June 2012

Average sales per month: 2+

No. of units: 41

Density: 2 units/acre

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National Village is a community catering to all types of homebuyers, with Craftsman-style houses on wooded lots and 300 acres of open green space, a resort-style pool complex, tennis, nature trails, and fishing. It’s also right next to the Grand National Golf Course, which was voted the No. 1 public golf course in the U.S. in 2010.

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The three–bedroom, two-bathroom homes have open floor plans and lots of natural light. But to give them unique charm, thoughtful details such as hardwood floors, screened-in porches, custom kitchen cabinets, and granite countertops were added. Homeowners can choose between gas and electric ranges, and between a side porch and a side-yard patio. Other features include 9-foot ceilings, double carports, and fully equipped kitchens with stainless appliances.

Auburn-Opelika Ranked A Best-Performing Small Metro

December 30th, 2013

National Village residents know that the Auburn-Opelika area is the ideal choice when buying a home in Alabama. In addition to the amenities that National Village residents enjoy in our resort community, there are ample reasons to love living in the Auburn-Opelika area overall. The area enjoys a distinct charm and electric atmosphere from being the home to Auburn University, and boasts incredible shopping, dining, entertainment and cultural attractions. There’s clearly a lot to love about Auburn-Opelika, and according to a recently released report, the economy is just another reason it’s a great place to live. The report, released by economic think tank the Milken Institute, ranked Auburn-Opelika in the top 50 best-performing small metros in the nation. 

The report measures the top 200 best-performing large metro areas and 179 best-performing small metro areas across the nation. Economic growth and the area’s ability to create and sustain jobs are analyzed to determine how well the areas are performing. Growth in jobs, wages, salary and technology are all factors that influence the rankings.

Auburn-Opelika made an impressive improvement from last year's report, jumping from an overall rank of 89 to its current rank of 37. This is due to the improvement in ranking for various individual components in the area, including the following: 

 ·      Five-year job growth

·      One-year job growth

·      Short-term job growth

·      One-year wages and salary growth

It’s impressive that Auburn-Opelika has improved in several areas of job growth in particular because it’s an important indicator of how the overall economy is fairing. Creating and sustaining high-quality jobs in metro areas is key for the future success of local economies, and according to the data, the Auburn-Opelika area seems to be fairing particularly well with this component.

Other Alabama metro areas made the list for both large and small best-performing metros, but no area had as high of a ranking as Auburn-Opelika. Other Alabama areas that also showed improvement in their ranking from last year's report include Birmingham-Hoover, Tuscaloosa and Gadsden.

Though this particular survey doesn’t measure housing indicators, Auburn-Opelika’s high ranking speaks volumes about the economic health of the area in general. A healthy economy is undoubtedly a positive asset to any area, and is just one of the many reasons that Auburn-Opelika is an excellent place to live and buy a home. Homeowners who are looking to enjoy all that Auburn-Opelika has to offer can find everything they’re looking for in National Village. No other community in the area compares to the incredible amenities and new construction homes in National Village, allowing our residents to enjoy all the benefits of living in Auburn-Opelika in unsurpassed style, luxury and convenience.

 

 SOURCES: al.com, The Milken Institute

New Home Sales up Sharply in October

December 18th, 2013

The improving housing market always finds a way to impress economists and industry experts!  The reports are in for new home sales during the month of October, and they are truly incredible!

It was announced that new home sales rose 25 percent in October, showing that this crucial division of the housing market is gaining momentum. According to the Census Bureau, the seasonally-adjusted annual pace for new homes reached 444,000 units in October, exceeding the estimated pace of 425,000 units.  The new pace is also far above September numbers, which sat at 354,000 units.  This unbelievably sharp increase is nearly unheard of in the housing market – but we’re not complaining!

New home sales are uniquely tied to economic recovery because they can indicate more than just numbers.  An increase in the sales of new homes shows that more people – builders, industry experts, buyers, and sellers – are regaining their confidence in the market.  As their confidence builds, the entire industry can benefit with new houses and new sources of jobs and revenue.  The building of just one new home can add up to five new jobs, further aiding economic recovery. 

Overall in Alabama, residential sales were up nine percent in October, bumping the revised year-to-date sales up by 11 percent, as reported by the Alabama Center for Real Estate (ACRE).  ACRE also reported that for the fourth month in a row, “Eighty-eight percent of the local housing markets across Alabama have experienced year-to-date sales growth when compared to 2012.”  So, not only is the housing market improving on a national scale, but on a statewide level too. 

National Village is one of the nicest golf resort communities in this part of the country, and is the only choice when searching for a new community to call home.  Our beautiful new homes are tucked away with a golf complex featured on the Robert Trent Jones Golf Trail – every golf lover’s dream!

But, National Village is more than a community on the famous RTJ Golf Trail; it’s a classic Alabama neighborhood that is as fun to live in as it is beautiful.  Community features include access to the 600-acre Saugahtchee Lake, the tropical pool complex, four miles of walking trails, and best of all, landscape maintenance included for all homes and community areas.  And, is your family full of Auburn fans?  Good, so are we!  National Village’s proximity to the University ensures that your neighbors are as big of fans as you are – especially during this exciting time for Auburn Football!  War Eagle!

 

Source: ACRE, USA Today

Auburn Football!

December 12th, 2013

Auburn fans and National Village residents rejoice!

Can you believe it? We can! Auburn Football has wowed just about every sports fan across the country, but let’s face it, we knew they had it in ‘em.

They say you can vividly remember life-changing events if your life.  The day you got your license, the day you got married, and for some of us, the first time Auburn beat Alabama at the Jordan-Hare Stadium in 1989.  Now, the most recent Iron Bowl victory over Alabama will forever be burned into our memories – in an unequivocally, absolutely amazing, never-want-to-forget-it-for-the-rest-of-my-days kind of way. War Eagle!

Since that game, Auburn Football has made even more advances, beating the Missouri Tigers 59-42 to clench the SEC Championship.  While we were still reveling in our earlier victory, the Auburn Tigers went on to play a hard battle against Missouri, winning yet another great football game.  So, what’s next for the Auburn Tigers?

It’s official: Auburn will play in the BCS National Championship Game against Florida State University on January 6 in Pasadena, California. In past years, we’ve spent this time reminiscing about the team, hoping for a championship season next fall. Our 2010 championship season was amazing, and what about this year?  We’ll be preparing our living rooms, dusting off our tailgating tents and firing up the grills to follow and support our team to the BCS National Championship Game.   

We’re so proud to have such a spirited community that loves Auburn Football as much as we do.  Many of our residents in National Village are Auburn Alum themselves, so it always makes for a fun and exciting football season.  We hope you celebrate the Auburn victories and cheer them on during the Championship game with us.  Could you think of a better way to ring in the New Year? War Eagle! 

 

Lee Co. Sales Up Through October

December 4th, 2013

Lee County, home of the area's most amenitized golf course community of National Village, has once again produced impressive monthly results in the housing market!.  Just like any community, National Village can be greatly affected by changes in the housing sector.  For this reason, we like to watch the market closely – and when it continues to improve month after month, we can’t help but be excited about the year to come!

According to the Alabama Center for Real Estate (ACRE), Lee County area residential sales increased 15.6 percent from September to October.  While the total number of sales varies, area residential sales are still 3.7 percent higher through this October than they were year-to-date in 2012.  Additionally, new home sales accounted for 25 percent of all sales – an impressive portion of the market. New home sales have an incredible influence on the market, and 25 percent can certainly sway the local housing market as a whole. Not to mention, having this much of the market occupied by new homes can indicate an improving economy!

The increase in month-to-month sales is particularly exciting for real estate in Lee County.  Traditionally, October sales in our market decrease by 17 percent from September – usually because less people are shopping for homes during the cooler months.  To find that these sales have in fact increased is exciting for real estate experts and economists alike.  

The Mortgage Bankers Association reports that they are estimating overall national economic growth to be 2.4 percent in 2014 and 2.7 percent in 2015, “supported mainly by increases in consumer spending and residential fixed investment.”  Residential fixed investment refers to new home construction and the other costs associated with it.  In National Village, we’ve built new homes and have developed an amazing community – so it’s great to hear that communities like ours contribute to a healthier economy!

Now that the housing market and economy are improving on local and national levels, it’s a perfect time to move into a home you truly love.  And what’s not to love about National Village?  You can enjoy a beautiful new home on the Robert Trent Jones Golf Trail without missing out on a genuine neighborhood atmosphere.  Included landscape maintenance for homes and shared spaces allows you to spend less time on yardwork and more time on the golf course or enjoying any of the luxurious community amenities.  Could golf resort living be any better than this?

Source: The Alabama Center for Real Estate

Alabama Residential Real Estate Outlook Remains Positive

October 28th, 2013

So far, this year has been monumental in economic and housing market recovery.  It may only be October, but we’re nearly mid-way through the fourth quarter and only two and half short months away from 2014.  

Minor fluctuations in month-to-month home sales are normal, and the general pattern for Lee County remains positive. Residential sales are 4.2 percent higher in September than they were for the same period in 2012. Statewide sales were even more impressive with a 9.4 percent increase compared to the year earlier.  

The third quarter showed improvements in all regions, confirming previous reports of a promising summer season in Alabama home sales. Tom Brander, a writer for an Alabama Real Estate blog writes, “This quarter showed stability in all regions.” He continues on to say, “this is encouraging, and overall measures remain in the expansion zone.”

Additionally, the Alabama Center for Real Estate took a survey that projects general expectations for the fourth quarter of 2013.  Professionals in the real estate community maintained a positive outlook for the final quarter – some of the highest confidence levels we’ve seen since 2010.  National overall confidence also remained positive, sitting above 50 points.  

The market is hot and only getting hotter.  In Lee County, what better community to buy a new home in other than National Village?  We have some of the most beautifully built, luxurious homes currently on the market.  Pair these homes with extensive amenities, the Robert Trent Jones Golf Trail, and a lively surrounding town, and you’ve got the perfect place to live.

With past, present, and expected improvements in the housing market, this is a great time in our economic history to buy a new home! 

 

Source: Alabama Center for Real Estate, Market Trends: Alabama Real Estate