There is good news for the Birmingham, AL real estate market. Home sales showed a positive trend in April 2010, over 2009. The Alabama Center for Real Estate (ACRE) reported that April sales were at 1,061, compared to 887 for last year. The first time home-buyer tax credit most likely had a lot to do […]
Shelby County Alabama Property Values Decline
May 23, 2010 By 4 Comments
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% […]
Shadow Inventory-What It Is And How It Affects You
May 9, 2010 By 8 Comments
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 […]
Birmingham, Alabama Home Sales-Most Expensive Home Sale in April-2010
May 5, 2010 By 6 Comments
Well, the Birmingham Area Multiple Listing Service indicates that the most expensive home sale in April of 2010 occurred in the Greystone development of Hoover, Alabama. If you follow golf you may have heard of this area. For many years it was host to a major Senior PGA Tour event. The golf course is beautiful […]
Real Estate Agents-How To Look Like a Champ In Your Customers Eyes
April 25, 2010 By 11 Comments
I know that some of you will say “Why should I get an appraisal when I am an agent and can do my own market analysis?”, but there are benefits to the appraisal. My main concern here is with the homeowner who want you to over price their home. When you know that they are […]
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