The Highland Lakes subdivision in Shelby County, Alabama is not unlike other neighborhoods around Birmingham. It has also been effected by the slowdown in the real estate market and the downward trend in property values. Over the past 5 years the total number of sales have decreased as well as the number of home sales […]
What 5 Years of house sales can tell us about property values in the Highland Lakes subdivison of Shelby County Alabama
April 19, 2012 By 2 Comments
Sales activity in Montevallo, Alabama for 2011
January 13, 2012 By Leave a Comment
I was in Montevallo, Alabama last week on an appraisal assignment and thought I would share with you the sales data I came up with. Montevallo is in southern Shelby County and is the home of the University Of Montevallo, The American Village, and the new Alabama National Cemetery for Veterans. The majority of sales […]
A Look At The Absorption Rate In Pelham, Alabama, Ballantrae Subdivision-Pt. 2
January 4, 2012 By 6 Comments
We took a look at the entire Pelham, Alabama market with the last blog post I wrote. Today we are going to narrow things down a bit to the subdivision level and even a certain style of home. Of the 222 sales that occurred in Pelham, AL from 12/15/2010 to 12/15/2011, 59 sales occurred in […]
A Look At The Absorption Rate In Pelham, Alabama, Pt. 1
January 2, 2012 By 11 Comments
You may have heard the term “Absorption Rate” before but not really know what it means. The absorption rate is a measure of how long it will take to sell the current inventory of homes in a given market. This market can be on a large scale such as for the entire country, or it […]
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