I’ve been blogging about real estate appraisal for approximately 4 years now and I have come to enjoy it quite a bit. It has given me a chance to write about something I enjoy and to help others understand what appraisers do and why they do it. I was recently given the opportunity to guest […]
What can active and expired listings tell us about the real estate market?
August 19, 2014 By 5 Comments
Active and Expired Listings Tell Us About The Real Estate Market Most people are aware that appraisers look at homes that have recently sold when performing an appraisal, however there’s a lot more to the real estate market than closed sales. By looking at active and expired listings we can gain a more complete understanding […]
Savannah Pointe Subdivision- Calera, AL Real Estate Market Report 2014
April 18, 2014 By Leave a Comment
Savannah Pointe Subdivision- Calera, AL Real Estate Market Report 2014 The Savannah Pointe subdivision is located in Calera, Alabama in north Shelby County. This development offers a community pool, clubhouse, and homeowner association. From March 1, 2013 to March 1, 2014 the Birmingham MLS reported the following statistics: Median Sales Price $128,000 Average Price Per […]
Can the cost approach be used over the sales comparison approach since it’s higher?
March 20, 2014 By 26 Comments
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 […]
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 […]
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