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 [...]
Entries Tagged as 'Market Trends'
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
Tags:absorption rate·Alabama·Alabama Appraiser·Alabama Market trends·Alabama Real Estate Market Trends·Birmingham·days on market·home sales statistics·house sales statistics·Market Statistics·Market Trends·Sales Statistics·Thomas Horn·Tom Horn
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 [...]
Tags:Alabama·Alabama Appraiser·Alabama Market trends·Alabama Real Estate Market Trends·Birmingham·home sales statistics·house sales statistics·Market Statistics·Market Trends·Sales Statistics·Thomas Horn·Tom Horn
Signs of Real Estate Life In Pelham, Alabama-Ballantrae Subdivision
April 18th, 2011 by Tom Horn · 4 Comments · Market Trends, Photos From The Field
There is a lot of doom and gloom being written in the media today about the real estate market, so whenever I see any positive signs I like to report on them. New construction in today’s market has slowed down when compared to 3-5 years ago, but to me it is a positive sign that [...]
Tags:Alabama·appraisal statistics·Ballantrae Subdivision·home prices·Market Trends·pelham·pelham alabama houses·Pelham alabama photos
A Look At The Real Estate Market In Shelby County, AL Over The Past Two Years (2009-2010)
February 21st, 2011 by Tom Horn · No Comments · Market Trends
I often get asked, because I am a real estate appraiser, how the real estate market is holding up. I appraise in the Birmingham, AL metro area, including Shelby County Alabama. As most people know, the real estate market changes over time and also at different times of the year. To get a better idea [...]
Tags:Alabama·home value·house value·Market Trends·shelby county·Shelby County Alabama Market Trends
Birmingham Alabama Appraiser : Hoover Alabama-Greystone Market Trends-2010 Update
January 6th, 2011 by Tom Horn · 2 Comments · Market Trends
I recently did some market research in the Greystone development of Hoover, Alabama for an appraisal assignment I am working on. This development is one of the more popular subdivisions in the Hoover, Alabama market. The neighborhood surrounds a championship golf course that has hosted The Seniors Tour in the past. Although the Greystone development [...]
Tags:Alabama·Appraisal·Appraiser·declining value·Foreclosures·Greystone·Greystone golf course·Hoover·Market Trends·property values·Short Sale
Hoover, Alabama Housing Market Trends-October 2010
December 1st, 2010 by Tom Horn · 2 Comments · Market Trends
Recent sales data for the month of October provided by the Birmingham Multiple Listing Service indicates some positive trends in residential home sale prices. Some of the good news includes an increase in the median sales price over this time last year (2009). In October of this year the median sales price was $256,150 compared [...]
Tags:Hoover AL home prices·Hoover AL house prices·Hoover AL property values·Hoover Alabama·Market Trends
Birmingham, Alabama Home Sales-Least Expensive Home Sale in October-2010
November 5th, 2010 by Tom Horn · 5 Comments · Market Trends
In the past I have been telling you about the most expensive home sale in the Birmingham, Alabama area, however this month I thought I would look at the opposite end of the price range and look at the least expensive home sale. Foreclosures are all over the news now, and as you may surmise, [...]
Tags:Alabama Market trends·Alabama Property Values·Alabama Real Estate Market Trends·Birmingham Alabama Real Estate Appraiser·Foreclosures·Market Trends
City of Mountain Brook Alabama: Sales Price Trend Graph For Past Five Years
October 6th, 2010 by Tom Horn · 2 Comments · Market Trends
I have been providing information recently on the highest priced home sales in the Birmingham, Alabama area. The city of Mountain Brook has consistently been where most of these sales occur. As I have said in the past, Mountain Brook is one of the most expensive areas in the state to buy a home. I [...]
Tags:Market Trends·Mountain Brook·Mountain Brook home values·Mountain Brook Real Estate·property values
Calera, Alabama Housing Market Report 2010
September 28th, 2010 by Tom Horn · 8 Comments · Market Trends
Calera is a quaint town is Shelby County, Alabama. As an appraiser I have seen Calera go through some rough times in the past 18 months. It was a growing community prior to the recent real estate collapse with numerous garden home developments being built and doing quite well. However, within the past 18 months, [...]
Tags:Alabama·Calera·House Sales·Housing Report·Market Trends·Sales Statistics
So You Think You Know What a Foreclosure Looks Like, Huh?
June 12th, 2010 by Tom Horn · 4 Comments · Appraisal, Market Trends, Photos From The Field
I’ve talked about foreclosure properties in previous posts and how they are providing competition to non foreclosure properties. It really is something you have to consider when pricing your home. As appraisers we look at past sales and current active inventory. If there are other properties for sale that are similar to yours and in [...]
Tags:Alabama Market trends·Alabama Real Estate Market Trends·Foreclosures·Market Trends
