Does Birmingham Have Aspirational Pricing?

What is Aspirational Pricing? I was reading my friend and appraisal colleague Jonathan Miller’s Housing Notes newsletter this week about aspirational pricing and it got me to thinking. Does Birmingham have aspirational pricing? Miller is an appraiser in Manhattan where high-priced properties are the norm and you can’t swing a dead cat without hitting a […]

Is This The Most Expensive House In Alabama?

I was in the Shoal Creek subdivision this week for an appraisal assignment.  This is always an interesting subdivision to work in because of its exclusivity.  The subdivision is built around a world class golf course that was designed by Jack Nicklaus and has hosted various PGA and USA Amateur Championships. Shoal Creek could also […]

Birmingham, Alabama Home Sales-Most Expensive Home Sale in September-2010

I have written about Mountain Brook, Alabama in my blog before.  It is one of the most exclusive and expensive areas in the state of Alabama to live.  The most expensive home sale in September once again is located in Mountain Brook.  The home located at 3248 E. Briarcliff Circle sold in September for $1,804,500.  […]

Birmingham, Alabama Home Sales-Most Expensive Home Sale in June-2010

Well, once again the most expensive home sale for June is from the Mountain Brook area.  As I have noted in previous posts this area is one of the most exclusive and expensive in the state of Alabama.  Overall, homes sales over $500,000 have suffered in the Birmingham, Alabama market, however these luxury homes always […]

Birmingham, Alabama Home Sales-Most Expensive Home Sale in May-2010

This months most expensive home sale reported by the Birmingham Multiple Listing Service is located on Red Mountain in the Redmont area of Birmingham, Alabama.  The home sold for $2,700,000.  It was built in 1922 and is situated on six acres.  This area has a lot of historical homes with beautiful architecture.  It has a […]

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