Birmingham Appraisal Blog

"appraisal bloggin for your noggin"

Birmingham Appraisal Blog header image 4

Entries Tagged as 'Alabama Real Estate Market Trends'

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

April 17th, 2012 by Tom Horn · No Comments · Appraisal, Market Trends

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 [...]

[Read more →]

Tags:·············

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

April 11th, 2012 by Tom Horn · 2 Comments · Appraisal, Market Trends

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 [...]

[Read more →]

Tags:···········

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

November 5th, 2010 by Tom Horn · 5 Comments · Market Trends

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, [...]

[Read more →]

Tags:·····

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

June 12th, 2010 by Tom Horn · 4 Comments · Appraisal, Market Trends, Photos From The Field

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 [...]

[Read more →]

Tags:···

Shadow Inventory-What It Is And How It Affects You

May 9th, 2010 by Tom Horn · 8 Comments · Market Trends

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 [...]

[Read more →]

Tags:·········

Appraiser Interview, Part 2: Keller Williams Realtor David Black Interviews Tom Horn

April 16th, 2010 by Tom Horn · 2 Comments · Appraisal, Market Trends

Here is part 2 of the interview I had with David and Colleen  Black, Realtors with Keller Williams Realty in Alabaster, Alabama.  In this last installment we continue the discussion of what homeowners can do to help sell their home as well as talk about new banking regulations such as the HVCC which is affecting [...]

Keller Williams Realtor David Black Interviews Tom Horn, Pt. 2 [ 0:01 ] Play Now | Play in Popup | Download

[Read more →]

Tags:···········

Birmingham Alabama Appraiser Market Conditions: An interview with an appraiser-Pt. 1

April 7th, 2010 by Tom Horn · 7 Comments · Appraisal, Market Trends

I recently had an opportunity to be interviewed by David and Colleen  Black, Realtors with Keller Williams Realty in Alabaster, Alabama.  The interview was split into two parts with the first part shown below.  We talked about everything from home price trends in Jefferson and Shelby County Alabama and the effects of foreclosure sales on [...]

Interview with David Black-Part 1 [ 0:01 ] Play Now | Play in Popup | Download

[Read more →]

Tags:···········