An interesting trend in the Birmingham, Alabama real estate market

I have noticed an interesting trend in the Birmingham, Alabama real estate market.  The trend involves the segmentation of the market in various areas, but mainly where foreclosure activity is prevalent.  I noticed it most recently in the Centerpoint area of Birmingham.  The segments include the following: foreclosures “normal sales” and flip properties The “normal” […]

10 reasons NOT to get a pre-listing appraisal

1. It costs too much money- Really? If you think about the fact that by pricing the home correctly you could cut the marketing time down and reduce marketing costs, this becomes a no brainer.  In addition, the modest cost would probably not exceed future price reductions that you may need because it was priced […]

Six years of sales activity in the Brook Highland subdivision, Shelby County, Alabama

I like to share market data I get when I do appraisals in different areas.  I’ve included sales from the Brook Highland subdivision in the Inverness area of north Shelby County.  The sales are from January 2005 to December 2011.  The graph charts the median sales price for each quarter for all seven years. The […]

Birmingham, Alabama Home Sales-Most Expensive Home Sale YTD-November 2011

It’s been a while since I looked at the most expensive home sale in the Birmingham, Alabama area.  I took a break from this subject for a while but then discovered this was a pretty popular search topic for readers of my blog, so  I decided to revisit the “most expensive home sale” and see […]

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