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 [...]
Entries Tagged as 'Market Trends'
Signs of Real Estate Life In Pelham, Alabama-Ballantrae Subdivision
April 18th, 2011 by Tom Horn · 4 Comments · Market Trends, Photos From The Field
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
Shelby County Alabama Property Values Decline
May 23rd, 2010 by Tom Horn · 4 Comments · FSBO Tips, Market Trends, Property Taxes
Shelby County tax assessors recently released their latest reassessments for 2009 and the results revealed that property values have declined for the first time in many years. Both ends of the value spectrum have been affected. From starter home subdivisions like Ironwood to upscale neighborhoods like Greystone and Highland Lakes. According to the report 80% [...]
Tags:Alabama Property Values·home value·Home Values·house value·Market Trends·Shelby County Alabama Home Values·Shelby County Alabama Market Trends·Shelby County Tax Assessor·tbrander·Tom Brander
Shadow Inventory-What It Is And How It Affects You
May 9th, 2010 by Tom Horn · 8 Comments · Market Trends
To some, the phrase ‘Shadow Inventory’ conjures up dark images and impending doom, kind of like the Darth Vader character from Star Wars. You may not have heard of shadow inventory as it is not mentioned too much in the mainstream media. I’ve seen several definitions of shadow inventory, however it typically includes all the [...]
Tags:Alabama home values·Alabama Market trends·Alabama Property Values·Alabama Real Estate Market Trends·Birmingham Foreclosures·Birmingham REO·Foreclosures·Market Trends·REO·Shadow Inventory
