Recent sales data for the month of October provided by the Birmingham Multiple Listing Service indicates some positive trends in residential home sale prices. Some of the good news includes an increase in the median sales price over this time last year (2009). In October of this year the median sales price was $256,150 compared […]
Birmingham, Alabama Home Sales-Least Expensive Home Sale in October-2010
November 5, 2010 By 5 Comments
In the past I have been telling you about the most expensive home sale in the Birmingham, Alabama area, however this month I thought I would look at the opposite end of the price range and look at the least expensive home sale. Foreclosures are all over the news now, and as you may surmise, […]
City of Mountain Brook Alabama: Sales Price Trend Graph For Past Five Years
October 6, 2010 By 2 Comments
I have been providing information recently on the highest priced home sales in the Birmingham, Alabama area. The city of Mountain Brook has consistently been where most of these sales occur. As I have said in the past, Mountain Brook is one of the most expensive areas in the state to buy a home. I […]
Calera, Alabama Housing Market Report 2010
September 28, 2010 By 8 Comments
Calera is a quaint town is Shelby County, Alabama. As an appraiser I have seen Calera go through some rough times in the past 18 months. It was a growing community prior to the recent real estate collapse with numerous garden home developments being built and doing quite well. However, within the past 18 months, […]
So You Think You Know What a Foreclosure Looks Like, Huh?
June 12, 2010 By 4 Comments
I’ve talked about foreclosure properties in previous posts and how they are providing competition to non foreclosure properties. It really is something you have to consider when pricing your home. As appraisers we look at past sales and current active inventory. If there are other properties for sale that are similar to yours and in […]
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