Archive for the ‘Golf Homes’ Category
Friday, April 19th, 2013
Several reports came out last month with great news for Birmingham—home sales are looking up! Sales around the Birmingham area continued to rise in March revealing a 6% increase from this time last year and a 7% increase compared to the first quarter of 2012.
Since February 2012, new home sales have grown 24.8% and 18% year-to-date—outperforming the nation which saw an increase of 12.3% in February 2013 from 2012. Across the state, 60% of all Alabama metro areas saw an increase in new home sales this past February, as compared to a year prior in 2012. New home sales in five of the major metro markets represented almost 70% of all statewide new home sales transactions.
Prices also showed signs of positive changes for the Birmingham real estate market. The average sold price in March was up 10% from last year with a 6.4% increase in the median sold price.
Birmingham’s city offerings have lead to an overall growing population. The tight-knit urban neighborhoods offer lots of shopping and entertainment options within walking distance of themselves. Statewide, new construction inventory is up 6% since last February 2012 and home builders in the state are continually increasing production to match demand. New housing starts were up 7.7% in February 2013, compared to the month prior, and 12.4% since 2012.
The number of residents in downtown Birmingham has increased by 23% over the last decade. Since 2012 even office space has increased and various city improvements have been initiated such as the new stadium for minor league baseball team, Birmingham Barons, as well as the green space by the rail corridor.
Sources: Birmingham Association of Realtors, Alabama Center for Real Estate (ACRE), US Census Bureau
Tags: alabama homes for sale, alabama real estate market, birmingham al homes, birmingham al homes for sale, birmingham new home community, birmingham real estate, golf resort community, homes for sale birmingham, new golf home communities, new golf homes for sale, new homes for sale Birmingham
Posted in Alabama Home Sales, Birmingham New Homes, Birmingham News, Buying A Home, Golf Homes, Housing Market News, New Homes Alabama | Comments Off
Monday, March 25th, 2013
We firmly believe that we at Ross Bridge are here to make your life better—whether it’s an element of relaxation that you seek or the simple sense of community. Did you know that your Ross Bridge golf resort community is the perfect location to experience the full bloom of spring?
The new season is all about renewal and rebirth, life and growth. To help ensure you kick off spring the proper way, we’ve prepared a list of ways that our beautiful Birmingham new homes community ensures you fully delight in the joys of the new season.
It starts with renewal
Schedule a session of pampering at our luxury resort spa. Nothing says renewal and relaxation like an afternoon spent with one of our spa treatments or in one of our relaxation lounges and steam rooms. To really prepare for the warm weather, we recommend adding in a refreshing facial, body exfoliation or pedicure.
Embrace the green
What better way to embrace the joys of the new warm weather season then with a round of golf! Get outside and fully rejoice in the blooming buds and spring green trees that make our Robert Trent Jones Golf Trail golf course the ideal place to practice your swing.
Get moving
If you made a pack this New Years to get healthy, then get moving! Take your run from the treadmill to the trails. Looking for something with a little less impact? Embrace our nature trails with a brisk stroll or power walk and breath in the fresh air for a rejuvenating experience that’s sure to keep you on the right course for a healthy and happy 2013.
Tags: alabama homes, alabama homes for sale, birmingham al homes, birmingham new home community, Birmingham new homes community, golf homes for sale al, golf resort community, new golf home community, new homes for sale
Posted in Alabama Home Sales, Birmingham New Homes, Buying A Home, Golf Homes, New Homes Alabama | Comments Off
Tuesday, March 19th, 2013
2013 is well underway, and with the tax season almost over you may be reevaluating a few financial and personal priorities. Well, if one of your priorities includes making time for life, a golf resort community may be right for you.
Whether you’re looking to start a family, expand your family, or just incorporate a little more leisure into your lifestyle, golf communities are a popular choice for all interests and ages.
Love Golfing?
There are many reasons to consider buying a home in a resort community and if you enjoy golfing than all the more reason to consider buying in Alabama. The Robert Trent Jones Golf Trail is made up of 468 holes of championship golf—the largest golf course construction ever!
Golf resort communities in Alabama, specifically here at Ross Bridge, offer unbeatable access to one of the 11 different Robert Trent Jones Golf Trail sites across the state. The New York Times calls the Trail “some of the best public golf on Earth.”
Golf Not Your Thing?
That’s ok too. Many resort communities boast a variety of social activities and living amenities. Ross Bridge, for instance, provides residents with events year-round, such as Farmers’ Markets and seasonal festivities. You don’t need to be an avid golf enthusiast to enjoy our signature pool, 12,000-square foot European spa and over five miles of activity trails for hikers, cyclists and bird watchers.
Resort communities are great for young families. Between the grassy lawns, playground, clubhouse, and aquatic center with separate baby pools, it’s almost impossible not to love the golf resort-lifestyle!
Everyday or Every Season?
Perhaps you’re looking for your first home, second home, or maybe just considering a regular vacation spot. A golf resort community can offer a variety of real estate options with you in mind. The first time buyer benefits from the security of a community setting, but prides in the independence of a spacious stand-alone home.
Young families can take advantage of the “front porch-friendly” neighborhoods, playgrounds, kiddie pools, seasonal clubhouse gatherings, and plenty of outdoor space. Older families and retired couples can revel in social activities with friends and neighbors and delight in the spa and golf amenities.
Seasonal and weekend “residents” can take full advantage of the resort appeal with familiar faces and reliable features. Golf resort communities truly capture the essence of life and play, while remembering that the vacation isn’t just about the golf. Although, being so close to the Robert Trent Jones Golf Trail, it’s ok if it is!
Tags: golf resort communities alabama, golf resort community homes for sale, new golf home community, new golf homes for sale, new golf resort community, resort community birmingham, resort community homes for sale
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Monday, January 14th, 2013
With 2012 over, many prospective home buyers who have been considering purchasing new homes for sale in Birmingham are anxious to know what lies ahead regarding the housing market in 2013. Recent reports are showing continued positive trends as well as a growing number of local Alabama markets that are displaying substantial signs of improvement.
According to the Alabama Center for Real Estate (ACRE), home sales in Alabama during the month of November were 6.9% higher than the same period in 2011. Through November, year-to-date (YTD) home sales have increased by 6.4% compared to 2011.
This rise in home sales is consistent with nationwide trends, which posted a 14.5% increase in sales from November 2011, according to the National Association of Realtors. With lowering inventory levels, record low mortgage rates, and home prices consistently rising on a national level, many potential home buyers have felt a sense of urgency and have chosen to purchase new homes for sale before prices rise higher.
This rise in demand has been felt across the state of Alabama, as 76% of the local Alabama markets are reporting sale growth gains compared to the previous year. YTD metro area market sales, which are up 9% from last year, have outperformed both midsize and rural areas.
With rising sales, comes rising demand. With rising demand, comes rising prices. This trend of rising home prices has also been present in local Alabama markets over the past year. ACRE reports that the statewide median sold home price in November increased by 7.3% from the previous November. Now is the time to buy into new golf home communities, like Ross Bridge, as home prices are projected to continue increasing over the course of 2013.
There are five major metro areas that represent 70% of Alabama’s sales, and each has shown positive year-over-year growth rates (except for Tuscaloosa which was down 1%, primarily due to increased demand in 2011). Prospective buyers who are considering purchasing new homes for sale should find this as encouraging news. Seeing multiple local markets show considerable improvement over a year’s time is a strong sign that a housing recovery is underway.
According to Global Insight’s latest short-term economic outlook, one of the most important fundamental sectors of the economy, housing, is improving. They expect 2013 to set the stage for more broad based economic growth and improvement in 2014.
Tags: birmingham golf homes for sale, birmingham homes for sale, birmingham new home community, new golf home communities, new home communities, new home communities birmingham al, new homes for sale, new homes for sale birmingham al
Posted in Alabama Home Sales, Birmingham New Homes, Buying A Home, Golf Homes, Housing Market News, New Homes Alabama | Comments Off
Wednesday, December 19th, 2012
Recent data has shown that home prices are increasing and according to the latest reports, they are expected to keep ascending into 2013. There are many industry experts who attribute certain factors, such as a rising demand for new homes for sale, dwindling inventory levels, and an increase in home sales, to be the contributors to the current uptick in home prices. Fairly steady housing market trends that have been observed over the course of the year, have led to widespread expectations of continued increases in home prices come 2013.
An article posted online last week by the Wall Street Journal, reports that analysts from J.P. Morgan Chase & Co. predict U.S. home prices to rise next year by 3.4%, according to their ‘base-case’ calculations. In their most cogent scenario of economic growth, J.P. Morgan analysts also expect that home prices could surge to 9.7% in 2013. Standard & Poor’s, which rates private issue mortgage bonds, said that it foresees a 5% home price rise in 2013.
2012 has already shown a substantial rise in home prices. In a year-over-year comparison conducted by CoreLogic, October 2012 showed U.S. home prices to have gone up by 6.3% nationwide, which was the largest gain seen since the spring of 2006.
This year also represents the first time since 2006 that the ‘net demand’ for housing exceeded two million homes, said a strategist at the investment bank, John Sim. Once past the two million territory, you are in the positive growth area, unless there is a lot of distressed inventory, which, in 2012 reached a low point, said Sim. J.P. Morgan predicts the net demand to increase 2.7 million in 2013 from 2.3 million seen in 2012.
With mortgage rates maintaining record lows, there is an elevated sense of urgency among home buyers who have been searching for new homes for sale, since in past years, have found themselves just sitting on the fence waiting out the storm. Now, more prospective home buyers are choosing to take advantage of favorable market conditions and buy new homes in beautiful new golf home communities, like Ross Bridge, while current conditions last and before these anticipated price jumps occur.
Tags: birmingham al homes, birmingham new home community, birmingham new homes for sale, golf resort community, new golf home communities, new homes alabama, new homes for sale, new homes for sale Birmingham
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Friday, December 14th, 2012
As with many other metro housing markets across the country, a higher demand for new homes for sale and rising home prices have continued to push home sales higher in the Birmingham metro area. Inventory levels have been lowered as an increasing number of new home buyers have chosen to purchase into a new home community, like Ross Bridge, which offers beautiful new golf homes for sale which are priced for a range of affordability, starting from the upper 230s.
A recent publication from the Birmingham Business Journal reports on the latest Birmingham housing market stats for the month of November 2012:
According to the Birmingham Business Journal, Tuesday’s report by the Birmingham Association of Realtors showed that the number of home sales in Birmingham had increased by 6% from 775 in November 2011 to 825 in November 2012. This puts homes sales at 9,994 so far this year, which is up 11% from the same period of time in 2011. The report also said that the median home price had increased by a whopping 14% during that same time frame.
This comes as encouraging news to the local Birmingham housing market industry, as well as prospective home buyers searching for new homes for sale in the Birmingham area. New Birmingham home communities, such as Ross Bridge, have become increasingly appealing as a great investment opportunity while long-term mortgage rates remain near record lows and home values continue to rise.
With the end of the year approaching, positive housing market trends, such as these, have been seen on a national level and show strong indications that the long-awaited housing recovery is, in fact, underway.
Tags: new birmingham home communities, new golf homes for sale, new home community, new homes for sale, new homes for sale Birmingham
Posted in Alabama Home Sales, Birmingham New Homes, Birmingham News, Buying A Home, Golf Homes, Housing Market News, New Homes Alabama | Comments Off
Thursday, November 29th, 2012
So many new home buyers have decided to purchase new homes for sale in Birmingham’s hottest selling new golf home community of Ross Bridge. This award-winning community provides potential buyers with the opportunity to be a part of something grand. With its “front porch-friendly” types of neighborhoods, great combination of home styles, prices, world-class amenities and ideal location, the new golf resort community of Ross Bridge gives residents more than just a new home…it gives them an elevated quality of life.
There are many reasons to consider buying a new home for sale in Ross Bridge, one of which being Ross Bridge’s prime location in the very heart of Birmingham, Alabama. Known as the “Magic City,” Birmingham happens to be the largest city in the state, and its central location gives new home owners access to more than 500 restaurants, 40,000 businesses, 1300 churches and a plethora of music venues, museums, and many notable universities. This fabulous city also has one of the most extensive networks of highways and roadways in the Southeast, allowing for easy transportation to the surrounding regions and suburbs. The new golf community of Ross Bridge is near some of the best dining, shopping and schools in the Birmingham area.
Diversity is a key ingredient to the strong appeal of Birmingham, and could likely be what draws most people to the city. There is a wide range of attitudes and cultures, which are all a part of the intrigue and charm that make Birmingham the “Magic City”. Prospective buyers looking for new homes in Birmingham will inevitably experience that variety, not only in the award-winning cuisine, but also in the great outdoors, the arts, entertainment, and nightlife.
The vibrant new golf home community of Ross Bridge is set apart from the everyday ordinary by also offering new home buyers diversity within the community. Those who choose to purchase a new home for sale in Ross Bridge are sure to experience a unique and pampered type of life style. The new home community of Ross Bridge features one of the longest golf courses in the world, the Robert Trent Jones Golf Trail, and includes lavish amenities such as the Marriott Renaissance Ross Bridge Golf Resort & Spa and the Ross Park & Pool. The community contains individual landscaped parks, tree-lined sidewalks and streets, as well as distinctive neighborhoods, which provides new home owners with a wonderful environment to live, raise their family, and bond with neighbors. The Village Center in the new golf home community further accents the neighborhoods with an array of planned restaurants, shopping, entertainment and other services.
All in all, the combination of Ross Bridge’s new home styles, “front-porch friendly” neighborhood atmosphere, prime location, range of home prices and world-class amenities, amounts to the very definition of what it means to live in a true “community.”
Tags: award-winning community, new golf community, new golf home community, new golf resort community, new home community, new home for sale, new homes, new homes birmingham, new homes for sale Birmingham
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Thursday, November 15th, 2012
October homes sales were up a healthy 19% from October 2011, and according to real estate expert, Tom Brander, the total 12-month moving average line for dollar sales continues to be pointed upward. October also showed a 15% decrease in housing inventory levels compared to last year, putting total inventories in October below the 10,000 mark, which is an encouraging sign, says Brander.
Another good sign for the Birmingham area housing market, Brander reports, is that for the first time in awhile, home sales are exceeding housing permits. Housing permits in Jefferson County fell to 67 in September from 90 in August.
The absorption rate for both new and existing homes for sale remained fairly steady for the month of October. Birmingham new homes for sale are at 6 months supply, which is down from October of last year which came in at 8 months supply. Average Days on Market for new Birmingham area houses registered 181 compared to September’s 173 DOM.
Brander relayed that the 12 month moving average line for new home prices has been heading up quite nicely since January of 2012, and both new and existing average home prices are improving. With mortgage rates again at record lows, there is great incentive for potential home buyers to purchase a new home in new golf resort communities, like Ross Bridge, while housing market conditions in Birmingham remain favorable.
Tags: birmingham houses for sale, birmingham new homes for sale, new golf resort communities, new home communities, new homes birmingham al
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Monday, October 22nd, 2012
According to Tom Brander, a Birmingham area real estate analyst, the Birmingham area is still showing signs of a housing recovery: a bottoming out of prices and improving values, as well as declining inventories, he said.
Inventory levels were down 16% in September, totaling at 9,753 compared to 11,624 from September 2011. It is an encouraging sign to see total inventory levels drop below 10,000, wrote Brander in his blog, tbrander.wordpress.com.
The absorption rate for new homes remained fairly steady with new homes at 6 months supply in September, down from the same time last year at 8 months.
The Average Days on Market for Birmingham new homes for sale decreased to 173 days from 204 days in August. The Average sales price for sold new homes increased to $268,219 from $257,337 in August, another encouraging sign.
A housing recovery is underway nationwide and homeownership is becoming a more appealing prospect for many potential home buyers who have been searching for new Birmingham, AL homes for sale in new golf communities, such as Ross Bridge. With mortgage rates still near historic lows, many buyers who have wanted to reside in a beautiful golf resort community are choosing to take advantage of current market conditions and are purchasing new homes for sale in Birmingham, AL, before prices and/or mortgage rates continue to rise.
Tags: birmingham new homes for sale, birmingham real estate market, golf resort commuity, new birmingham al homes for sale, new golf communities, new homes for sale Birmingham
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Tuesday, October 16th, 2012
With fall festivities now in full swing and the comfortable autumn weather, this is a great time of year for prospective home buyers who are looking at new homes for sale in Alabama golf communities, to check out some of the seasonal events that the great state of Alabama has to offer. The following shows 5 top events to attend this fall, according to Sweet Home Alabama Travel Site:
Scarecrows in the Park
October 1- November 12, 2012: Enjoy the beauty of Lake Frank Jackson State Park while taking a leasurely stroll along three miles of walking trails dotted with more than 300 creatively made and festive scarecrow characters. The event was started in 2008 and is hosted by the Lake Frank Jackson Trailmasters. Visit www.cityofopp.com for more information.
41st Annual Kentuck Festival of Art
October 20-21, 2012: A nationally recognized festival for its quality and diversity, the Kentuck Festival of Art celebrates a variety of artistic styles ranging from folk to contemporary arts as well as traditional crafts. All of the 300+ artists participating in the festival are either juried based on the originality and quality of their work or they are invited as a guest artist. there will also be storytelling, blacksmith demonstrations, children’s events and more. The festival will take place in downtown Northport, Al and admission will be charged. Visit www.kentuck.org for more information.
71st Annual Magic City Classic
October 27, 2012: The Alabama State University Hornets of Montgomery face off with the Alabama A&M University Bulldogs of Huntsville in Birmingham for this traditional football rivalry game played at Legion Field. There will be pre-game activities, and admission will be charged. Visit www.themagiccityclassic.com for more information.
Spinners 31st Annual “Pumpkin Patch” Arts & Crafts Show
October 27-28, 2012: A great event featuring artists and craftsmen from throughout the Southeast with original work for sale along with homemade baked goods by Spinners members, entertainment, food alley, children/youth-geared activities, antique car and motorcycle show, door prizes, jack-o-lantern contest, 5K/8K run, drawing for queen-sized quilt handmade by Spinner members, and more. Event will take place at Spinners Park 390 W. Sixth St. Prattville, Al. Visit www.spinnersprattville.com for more information.
69th Annual National Peanut Festival
November 2-10, 2012: This annual event happens to be the nation’s largest peanut festival, held each fall to celebrate the harvest season and honor peanut growers. There is an array of activities including arts and crafts displays, music concerts, amusement rides, beauty pageants, animal acts, agricultural displays, a two hour parade, food, contests, and of course, tons of peanuts. Visit www.nationalpeanutfestival.com for more information.
Tags: alabama golf communities, new alabama golf community, new golf homes for sale, new homes for sale al
Posted in Birmingham News, Golf Homes, New Homes Alabama | Comments Off