This was a question I got asked today from a frustrated seller. She had called me to get my opinion of an appraisal that was done on her home that had appraised lower than the contract amount. I would like to share with you my answer to her as well as my thoughts on the […]
Can the cost approach be used over the sales comparison approach since it’s higher?
March 20, 2014 By 26 Comments
5 common errors to look for in your appraisal report if it comes in low
March 17, 2014 By 16 Comments
Appraisal Come In Low? A popular topic among users of appraisal services these days is low appraisals. As you know the real estate market has been depressed over the last several years and a result of this is that appraisals for refinancing and home purchase’s have come in low. While foreclosures and the overall downturn […]
Alabaster, AL home sales by the numbers- A look at 2013 vs. 2012
February 13, 2014 By 1 Comment
Alabaster, AL home sales by the numbers- A look at 2013 vs. 2012 Home sales in Alabaster, AL during 2013 showed a lot of positive direction over 2012. Alabaster is located in Shelby County Alabama, one of the fastest growing counties in the state, and about 30 minutes south of Birmingham. It provides convenient access to […]
Alabaster Home Sales Report Mid Year 2013
July 26, 2013 By 6 Comments
I’ve just been looking over the mid year real estate sales reports for the Alabaster area which includes the communities of Maylene and Saginaw. This is also known as area 272 in the Birmingham Multiple Listing service, which is where I got the information. I think you will like what you see, so lets dive in. […]
Two Exciting Trends Suggests A Stronger 2013 For The Alabaster, Alabama Real Estate Market
February 26, 2013 By 2 Comments
While working on some market trends during a recent appraisal assignment I ran across some data that suggests the Alabaster, Alabama real estate market may be on its way back up. Over the last several years the existing inventory of houses for sale has been a big problem in the area. It reached higher levels […]
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