How Healthy Is The Birmingham Real Estate Market?

A Look at the Pulse of Birmingham Real Estate The word on the street is that the country may be sliding into a housing bubble. A housing bubble occurs when housing prices continue to rise faster than peoples income. The availability of cheap money to purchase homes can lead to more buyers and increased competition […]

Birmingham First Quarter Sales & The Housing Shortage

Jefferson & Shelby County Sales Trends The first quarter of 2018 is now history so I thought I would take a look at how Birmingham home sales for 2018 in both Jefferson and Shelby County were affected by the housing shortage and see how they stack up to past years. I’m going to be looking […]

Does Birmingham Have Aspirational Pricing?

What is Aspirational Pricing? I was reading my friend and appraisal colleague Jonathan Miller’s Housing Notes newsletter this week about aspirational pricing and it got me to thinking. Does Birmingham have aspirational pricing? Miller is an appraiser in Manhattan where high-priced properties are the norm and you can’t swing a dead cat without hitting a […]

Grey Oaks Home Sales by Pelham Home Appraiser Tom Horn

Pelham Home Appraiser Tom Horn reports on Grey Oaks Home Sales As a Pelham home appraiser, I recently completed an assignment in the Grey Oaks neighborhood. Grey Oaks is one of the top 3 subdivisions in Pelham, AL for new home construction. The other two neighborhoods include Ballantrae and Keeneland Valley, with Ballantrae having the […]

Birmingham’s Top 10 Luxury Home Neighborhoods

Birmingham Luxury Home Trends Is the top end of the real estate market any indication of how the market is doing? Today we’re going to take a look at the trend in luxury home sales in the Birmingham market shortly before the real estate recession up until now and also which Birmingham neighborhoods these sales […]

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