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 […]
What’s Happening To The Townhouse Market In The Alabaster/Pelham/Helena Area?
March 7, 2011 By 2 Comments
A Look At The Real Estate Market In Shelby County, AL Over The Past Two Years (2009-2010)
February 21, 2011 By Leave a Comment
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 […]
What Can Four Years of Birmingham, Alabama Building Permit Statistics Tell Us?
February 7, 2011 By 4 Comments
The Alabama Center for Real Estate (ACRE) recently released residential building permit figures. I have compiled the numbers and charted it as you can see below. These figures keep track of permits issued for construction of new homes. As you can see from the chart, which covers May of 2007 through November 2010, the number […]
Top 5 Subdivisions for New Construction in Shelby County, Alabama
January 28, 2011 By 4 Comments
What’s happening with new construction in Shelby County, Alabama? With all of the talk of foreclosures, short sales, and declining property values we tend to lose sight of the positive things occurring in the Shelby County, Alabama area. Not all builders have folded and gone out of business, there are still some that are working […]
Alabaster, Alabama Home Sales Statistics Update: December 2010
January 26, 2011 By Leave a Comment
The Birmingham, Alabama Multiple Listing Service recently released its Alabaster and Calera, Alabama sales statistics for December of 2010. Most of the numbers are not very positive, however you do need to keep in mind that these statistics are for both areas combined and include all price ranges and property types. Individual neighborhoods will vary […]
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