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 [...]
Entries Tagged as 'pelham'
A Look At The Absorption Rate In Pelham, Alabama, Ballantrae Subdivision-Pt. 2
January 4th, 2012 by Tom Horn · 6 Comments · Appraisal, Market Trends
Tags:absorption·absorption rate·AL·balanced market·ballantrae·Ballantrae Subdivision·buyer's market·inventory·pelham·seller's market·shelby county
A Look At The Absorption Rate In Pelham, Alabama, Pt. 1
January 2nd, 2012 by Tom Horn · 11 Comments · Appraisal, Market Trends
You may have heard the term “Absorptions 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 [...]
Tags:absorption·absorption rate·AL·balanced market·buyer's market·inventory·pelham·seller's market·shelby county
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
What’s Happening To The Townhouse Market In The Alabaster/Pelham/Helena Area?
March 7th, 2011 by Tom Horn · 2 Comments · Market Trends, Property Taxes
I recently completed an appraisal assignment in Alabaster, Alabama for an attached townhouse unit and I wanted to share with you what I found. The graph shows townhouse sales in the area from January 2005 to February 2011. As you can see, values are definitely declining. Based on the property I was appraising, the search [...]
Tags:Alabama·alabaster·declining value·helena·over assessment·pelham·Property Taxes·townome sales
Helping Your Home Appraise For Top Dollar
February 12th, 2010 by Tom Horn · 1 Comment · Home Improvement
Most people, at some point in their life will probably get a home appraisal. Appraisals are necessary for the following reasons: • Buying a home • Selling a home (either a marketing appraisal or appraisal after contract is signed) • Refinancing a home (either to get a lower rate or to get a home equity [...]
Tags:Alabama·alabaster·Appraisal·Birmingham·fsbo·jefferson county·marketing·pelham·Real Estate·sell·selling·shelby county·top dollar
