I have noticed an interesting trend in the Birmingham, Alabama real estate market. The trend involves the segmentation of the market in various areas, but mainly where foreclosure activity is prevalent. I noticed it most recently in the Centerpoint area of Birmingham. The segments include the following: foreclosures “normal sales” and flip properties The “normal” [...]
Entries Tagged as 'Foreclosure'
An interesting trend in the Birmingham, Alabama real estate market
February 13th, 2012 by Tom Horn · No Comments · Appraisal, Market Trends
Tags:Alabama·Appraisal·Appraiser·Centerpoint·flip·flipper·Foreclosure·investment·property trends·property value·renovate·REO·Short Sale·Thomas Horn·Tom Horn
The Down and Dirty on Foreclosures
November 1st, 2010 by Tom Horn · 6 Comments · Appraisal, FAQ's, Market Trends
If you keep up with the news you know that foreclosures dominate the headlines. It is an unfortunate thing but something appraisers must consider. People ask me all the time about why I must use foreclosure sales in the appraisals I do. What I tell them is that in many real estate markets foreclosures are [...]
Tags:alabaster appraisal·alabaster foreclosures·birmingham alabama foreclosed properties·birmingham alabama foreclosures·Foreclosure·foreclosure appraisal
Alabaster, AL Foreclosures: Would You Buy This Home?
May 16th, 2010 by Tom Horn · 8 Comments · Photos From The Field
I was doing some appraisal work in Alabaster, AL recently and came across this home. It made me think of an article Ryan Lundquist recently wrote. He writes a blog about the Sacramento, CA market. This particular post discussed how some foreclosure properties have not been kept up and have overgrown weeds and grass. This [...]
Tags:Alabama·Alabama Foreclosure·Alabama Short Sale·Alabaster AL·Foreclosure·Overgrown lawn·REO·Short Sale
