Birmingham Appraisal Blog

"appraisal bloggin for your noggin"

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Entries Tagged as 'Birmingham'

So, How IS The Birmingham, Alabama Real Estate Market??

April 30th, 2012 by Tom Horn · 4 Comments · Appraisal, Market Trends

Funny you ask.  I get asked this question a lot and I have my own thoughts, but it’s nice to know that other professionals agree.  In addition to experiencing the local Birmingham market from a first hand experience, I read a lot of market data to assist me in my real estate appraisal business. Local [...]

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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 [...]

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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 [...]

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What are the best indicators of a recovery for the real estate market?

March 2nd, 2012 by Tom Horn · 2 Comments · FAQ's, Market Trends

In a recent article by the Alabama Center For Real Estate (ACRE) it was reported that January 2012 residential home sales in the state of Alabama were up 17.6% from a year ago (2011).  This announcement followed up the news that 2011 saw an increase of 2% over 2010.  Great news, right? Of course any [...]

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Appraising In The Aftermath Of A Tornado-Birmingham, Alabama

January 30th, 2012 by Tom Horn · 4 Comments · Appraisal, Appraisal Tips, FAQ's

How do you appraise a home that has been destroyed in a tornado?  That is the question I got from a friend recently after I told him I had gotten some assignments in the storm devastated areas of Birmingham, Alabama.  I thought that since he was curious about this that others may be also.  I [...]

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Birmingham, AL Realtors, are you a socially savvy agent?

January 17th, 2012 by Tom Horn · 8 Comments · marketing, Networking, Realtor Tips

Do you consider yourself a socially savvy agent? Do you tweet, blog, or post videos on Youtube? Are you on LinkedIn, Facebook, or some other social network?  If you are not you may want to think about it.  In our ever changing business environment being knowledgeable and participating in the online social scene is becoming [...]

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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 [...]

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Add Blogging To Your Real Estate Marketing Arsenal By Attending Wordcamp Birmingham

January 6th, 2012 by Tom Horn · No Comments · marketing, Networking

Would you like to be the local real estate expert in your market?  Would you like to be the person everyone finds online when they do a google search for people in your profession? Both of these things are possible if you learn how to operate a successful real estate blog. I am a real [...]

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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 [...]

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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+ [...]

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