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 2
April 17, 2012 By Leave a Comment
Then and Now: Comparing Alabama’s Peak Years To The Current Market-Part 1
April 11, 2012 By 2 Comments
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
November 5, 2010 By 5 Comments
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?
June 12, 2010 By 4 Comments
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 […]
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 […]
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