Shelby County tax assessors recently released their latest reassessments for 2009 and the results revealed that property values have declined for the first time in many years. Both ends of the value spectrum have been affected. From starter home subdivisions like Ironwood to upscale neighborhoods like Greystone and Highland Lakes. According to the report 80% […]
Archives for May 2010
Alabaster, AL Foreclosures: Would You Buy This Home?
May 16, 2010 By 8 Comments
I was doing some appraisal work in Alabaster, AL recently and came across this home. It made me think of an article Ryan Lundquist recently wrote. He writes a blog about the Sacramento, CA market. This particular post discussed how some foreclosure properties have not been kept up and have overgrown weeds and grass. This […]
Shadow Inventory-What It Is And How It Affects You
May 9, 2010 By 8 Comments
To some, the phrase ‘Shadow Inventory’ conjures up dark images and impending doom, kind of like the Darth Vader character from Star Wars. You may not have heard of shadow inventory as it is not mentioned too much in the mainstream media. I’ve seen several definitions of shadow inventory, however it typically includes all the […]
Birmingham, Alabama Home Sales-Most Expensive Home Sale in April-2010
May 5, 2010 By 6 Comments
Well, the Birmingham Area Multiple Listing Service indicates that the most expensive home sale in April of 2010 occurred in the Greystone development of Hoover, Alabama. If you follow golf you may have heard of this area. For many years it was host to a major Senior PGA Tour event. The golf course is beautiful […]
Let’s Connect