I like to see landmarks. They help me locate places that I’m going to and help me know that I’m on the right track in getting to my destination. I was in the Chelsea Park neighborhood recently on an appraisal inspection and thought I would snap a picture of the clock tower that sits at [...]
Entries Tagged as 'Alabama'
The Chelsea Park Clock Tower
January 25th, 2012 by Tom Horn · No Comments · Photos From The Field
Tags:Alabama·chelsea park·clock tower·landmarks·negative influence·positive influence
Six years of sales activity in the Brook Highland subdivision, Shelby County, Alabama
January 23rd, 2012 by Tom Horn · 2 Comments · Appraisal, Market Trends
I like to share market data I get when I do appraisals in different areas. I’ve included sales from the Brook Highland subdivision in the Inverness area of north Shelby County. The sales are from January 2005 to December 2011. The graph charts the median sales price for each quarter for all seven years. The [...]
Tags:Alabama·brook highland·brook highland market trend·home value·market trend·property value·shelby county·shelby county appraiser·shelby county market trend
I Can Help Birmingham, AL Realtors With Their Sales Meetings
January 9th, 2012 by Tom Horn · No Comments · Appraisal, Appraisal Tips, Education, FAQ's
If you are a Realtor in the Birmingham, AL area I would like to help you with your sales meetings by providing appraisal education to your agents. I have spoken in the past at local real estate offices about how to read an appraisal, how we come up with comparables, why we sometimes must use [...]
Tags:Alabama·appraisal classes in Birmingham Alabama·Birmingham·Birmingham real estate appraiser·fha appraisal guidelines·how to read an appraisal·introduction to appraising·real estate appraiser speaker·real estate classes in birmingham·Thomas Horn·Tom Horn
A Look At The Market For Lake Front Homes In Shelby County, Alabama in 2011
December 23rd, 2011 by Tom Horn · 6 Comments · Market Trends
I recently finished an appraisal assignment on a lake front home in Shelby, Alabama and thought I would share with you my findings. As in other sectors of the Birmingham, AL area real estate market, lake front home have experienced a decrease in sales volume. Check out the numbers below going back to 2005. As [...]
Tags:Alabama·columbiana·homes·lake·lake front·lakefront·Lay Lake·property values·Shelby·shelby county·value trends·wilsonville
Assessing The Health Of The Birmingham, AL Real Estate Market-Foreclosure Trends
December 16th, 2011 by Tom Horn · 4 Comments · Appraisal, Market Trends
Today I thought I would take a look at one of the key elements in assessing the health of the Birmingham, AL real estate market. There are different key indicators including number of sales, change in mean and average sales price, and number of active listings (inventory) to name a few, but today I decided [...]
Tags:Alabama·alabaster appraiser·birmingham appraiser·distressed sales·foreclosure sales·foreclosure trends·hoover appraiser·jefferson county appraiser·pelham appraiser·real estate health·reo sales·shelby county appraiser·short sales
Signs of Real Estate Life In Vestavia Hills, Alabama-Miller Hill Subdivision
November 4th, 2011 by Tom Horn · 4 Comments · Appraisal, Market Trends, Photos From The Field
I was doing some appraisal work in Vestavia Hills, Alabama this past week and ran across the Miller Hill Subdivision. This is a newer subdivision with new construction. I’ve reported in the past about the slow market for new construction, so when I see it I like to let people know the good news. It [...]
Tags:Alabama·Miller Hill·new home construction·Real Estate Appraisal·Real Estate Appraiser·Signature Homes·vestavia hills
Birmingham, AL: Greystone Market Update-October 2011
October 19th, 2011 by Tom Horn · No Comments · Market Trends
So I thought I would share with you my latest findings for the Greystone Development in Birmingham, AL. Greystone is located in the Hoover area of Birmingham, in north Shelby county. Over the past 12 months the mean sales price of all homes in this subdivision has varied due to the type of homes that [...]
Tags:Alabama·Birmingham·Greystone·home prices·Home Values·Hoover·shelby county
What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?
October 18th, 2011 by Tom Horn · 2 Comments · Appraisal, Appraisal Tips, FAQ's
Have you ever wondered if a house would pass an FHA appraisal inspection? FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up. I have included some of the top problems I have seen in my 20+ [...]
Tags:Alabama·Appraisal·Birmingham·FHA·FHA repairs·jefferson county·MPR·red flags·shelby county
Could Alabama Appraisers Be In Violation Of State Law?
October 13th, 2011 by Tom Horn · 4 Comments · Appraisal, Legal Matters
Do you do work for Appraisal Management Companies (AMC’s)? If you do and they are not registered with the Alabama Real Estate Appraisers Board, you could be subject to discipline. As of October 1, 2011 any AMC’s doing business in Alabama must register with the state. Pursuant to §34-27A-20(a)(9) of the Alabama Real Estate Appraisers [...]
Tags:Alabama·amc·Appraisal·appraisal management company·Appraiser
