Birmingham, AL Real Estate Market Improving According to Tom Brander’s Alabama Real Estate Market Trends website the Birmingham, Alabama area was 6% ahead of last year in dollar sales as of mid year. In addition to an increase in total dollar sales there has been an increase in the number of homes sold, including new […]
Can a sunroom be included in the gross living area of a home?
April 1, 2014 By 34 Comments
It is important to know what criteria is considered when deciding what areas in a house are included in the total gross living area (GLA). I explained to a real estate agent recently what to look for in a sunroom to determine if you can include it.
A new law homebuyers and agents should be aware of: It could prolong your closing
January 23, 2014 By 4 Comments
On January 18th a new law went into effect that could potentially prolong loan closing dates because it will require lenders to provide a copy of the appraisal or other valuation tool used to make a loan decision to their customer as soon as it is completed or 3 days prior to the closing, whichever […]
So, just how accurate is the Zillow “Zestimate” anyway?
February 18, 2013 By 33 Comments
Have you ever wondered how accurate the Zillow “Zestimate” really is? Whenever I am doing appraisals I have homeowners tell me what their Zillow “Zestimate” is. I am sure they are hoping that my appraisal is similar to that number (if it is high), however the two could be close, but more times that not […]
Assessing The Health Of The Birmingham, AL Real Estate Market-Foreclosure Trends
December 16, 2011 By 4 Comments
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 […]
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