Birmingham Appraisal Blog

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Entries Tagged as 'shelby county'

How Shelby County, AL homeowners can find useful property information online

February 6th, 2012 by Tom Horn · No Comments · Appraisal

I would like to share with homeowners in Shelby County, Alabama how they can find useful property information online.  Have you ever wanted to find out exactly how big your lot is?  Ever wondered where your house sits on your lot?  How about finding out what school system the house you want to buy is [...]

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Six years of sales activity in the Brook Highland subdivision, Shelby County, Alabama

January 23rd, 2012 by Tom Horn · 2 Comments · Appraisal, Market Trends

I like to share market data I get when I do appraisals in different areas.  I’ve included sales from the Brook Highland subdivision in the Inverness area of north Shelby County.  The sales are from January 2005 to December 2011.  The graph charts the median sales price for each quarter for all seven years. The [...]

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A Look At The Absorption Rate In Pelham, Alabama, Ballantrae Subdivision-Pt. 2

January 4th, 2012 by Tom Horn · 6 Comments · Appraisal, Market Trends

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 [...]

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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 [...]

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A Look At The Market For Lake Front Homes In Shelby County, Alabama in 2011

December 23rd, 2011 by Tom Horn · 6 Comments · Market Trends

I recently finished an appraisal assignment on a lake front home in Shelby, Alabama and thought I would share with you my findings.  As in other sectors of the Birmingham, AL area real estate market, lake front home have experienced a decrease in sales volume.  Check out the numbers below going back to 2005. As [...]

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Birmingham, Alabama Home Sales-Most Expensive Home Sale YTD-November 2011

November 21st, 2011 by Tom Horn · 2 Comments · Appraisal, Market Trends, Photos From The Field

It’s been a while since I looked at the most expensive home sale in the Birmingham, Alabama area.  I took a break from this subject for a while but then discovered this was a pretty popular search topic for readers of my blog, so  I decided to revisit the “most expensive home sale” and see [...]

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Birmingham, AL: Greystone Market Update-October 2011

October 19th, 2011 by Tom Horn · No Comments · Market Trends

So I thought I would share with you my latest findings for the Greystone Development in Birmingham, AL.  Greystone is located in the Hoover area of Birmingham, in north Shelby county.  Over the past 12 months the mean sales price of all homes in this subdivision has varied due to the type of homes that [...]

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What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?

October 18th, 2011 by Tom Horn · 2 Comments · Appraisal, Appraisal Tips, FAQ's

Have you ever wondered if a house would pass an FHA appraisal inspection?  FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up.  I have included some of the top problems I have seen in my 20+ [...]

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The Good, The Bad, and The Ugly in Shelby County Home Sales

August 3rd, 2011 by Tom Horn · 4 Comments · Market Trends

You may wonder what I am referring to when I state “The Good, The Bad, and The Ugly in Shelby County Home Sales”.  I am referring to new home sales, foreclosure sales, and the percentage of foreclosures compared to total sales activity in the  Shelby County, Alabama area.  By looking at these figures we can [...]

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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 [...]

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