Then and Now: Comparing Alabama’s Peak Years To The Current Market-Part 2

In my last post I looked at how the current real estate market in the Birmingham, Alabama area is performing compared to peak years in the past by analyzing the median price and number of sales that have occurred.  Data has been taken from reports published by the Alabama Center for Real Estate (ACRE).  This […]

Then and Now: Comparing Alabama’s Peak Years To The Current Market-Part 1

As a real estate appraiser in the Birmingham, Alabama market I am very interested in how the housing market is performing.  While we still have a long way to go to reach the levels we attained years ago, I do believe 2012 will turn out to be a year that shows positive trends in that […]

Birmingham, Alabama Home Sales-Least Expensive Home Sale in October-2010

In the past I have been telling you about the most expensive home sale in the Birmingham, Alabama area, however this month I thought I would look at the opposite end of the price range and look at the least expensive home sale. Foreclosures are all over the news now, and as you may surmise, […]

So You Think You Know What a Foreclosure Looks Like, Huh?

I’ve talked about foreclosure properties in previous posts and how they are providing competition to non foreclosure properties.  It really is something you have to consider when pricing your home.  As appraisers we look at past sales and current active inventory.  If there are other properties for sale that are similar to yours and in […]

Birmingham AL Real Estate Shows Positive Growth For April 2010

There is good news for the Birmingham, AL real estate market.  Home sales showed a positive trend in April 2010, over 2009.  The Alabama Center for Real Estate (ACRE) reported that April sales were at 1,061, compared to 887 for last year.  The first time home-buyer tax credit  most likely had a lot to do […]

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