I had a reader email me a question last week asking why they should get an appraisal on their home, and I want to share with you the answer I gave them with the hope that it can help you make a similar decision. This person asked me “Why do I need to get an […]
What is the state of the luxury home market in Birmingham, Alabama?
October 14, 2013 By 5 Comments
There has been a lot written recently about the real estate market recovery, but most of the data discusses more moderately priced homes. I thought I would take a look at the luxury home market in the Birmingham, Alabama area to see how it has performed over the last several years. For purposes of this […]
Do I have to repair it now, or can I wait until the loan closes?
October 3, 2013 By 3 Comments
I was speaking with a real estate agent friend recently about FHA appraisals and specifically about items that needed repair. Several years ago HUD made revisions to their guidelines regarding items that needed repair on an FHA purchase. I think they were attempting to make FHA loans more purchaser friendly because their requirements were much […]
What would Duck Dynasty’s Si say about the Birmingham Real Estate Market?
September 23, 2013 By 3 Comments
I think that Si, the crazy uncle from Duck Dynasty, would say “Birmingham’s on its way back Jack!” He would realize that while we are not out of the woods yet we are headed in the right direction. My family loves to watch Duck Dynasty and we can’t get enough of Si’s catchphrases, especially the […]
Is there a shift in the Birmingham, Alabama real estate market?
August 27, 2013 By Leave a Comment
I want to share with you an observation I had this past week while working on an appraisal assignment. I first want to preface this post by saying that one neighborhood does not make a market, and just because one subdivision is acting a certain way does not mean that the whole Birmingham area will […]
Let’s Connect