What Could Go Wrong During The Pandemic? Over the past several weeks I have been tracking and reporting on the housing statistics for Jefferson and Shelby Counties in Alabama to see what effect the Coronavirus pandemic has had on the residential market. I will continue to report on this, however, in today’s post I’m going […]
What Affect Will Offerpad Have on Birmingham Home Values?
Will Birmingham Home Values Be Effected By The iBuyer Model? In case you did not see it in the news Offerpad recently announced that their services are now available in the Birmingham, Alabama market. They are partnering with Keller Williams to offer the first iBuying service throughout the whole state of Alabama. For those not […]
The Brady Bunch House Renovation And Thoughts On Value
What Can The Brady Bunch House Renovation Teach Us About Value Are you a fan of the old Brady Bunch show? If not you may be a little lost with my topic this week but I hope you’ll stick around to the end because I’ve got some things I’d like to share that may be […]
What Does The Recent Change In The Appraisal Threshold Mean For Home Buyers?
Appraisal Threshold Increases In case you haven’t heard, the FDIC voted this past week to increase the minimum appraisal threshold to $400,000 for residential appraisals. This was a $150,000 increase from the previous amount of $250,000. What this simply means is that certain home sales of $400,000 and below will no longer require an appraisal. […]
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