Birmingham AL real estate sales & inventory trends through January, 2010 were a disappointment when viewed in relation to the perceived momentum of November and December of 2009. As realtors, we had viewed the positive signs of increased sales and lower inventories as reason for optimism moving
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02/09/2010
A bank has dumped a PRISTINE, ALL-BRICK, 2- YEAR OLD foreclosure in Lake Cyrus Birmingham AL for $143,000 less (30%!) than the tax value and $63,000 less than anything similar that has been listed or sold in this PUD. For a link to this home, including photos, go to 1822 Lake Cyrus Club Drive.
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02/04/2010
Anna does a great job of "telling it like it is!" A picture is worth a thousand words, whether it is good, bad or otherwise. I thought it was a great blog post so I repeated it here. What are you doing? Those MLS Pictures Pathetic! Calling all real estate agents and home sellers! Have you lo
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01/30/2010
As your Hoover AL Realtor, I want to give a brief overview of why I'm your best choice as agent in this area. You see, I don't believe that because you may have a brother or mother in the real estate business "obligates" you to USE someone in this business. While I also work for buyers and sell
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01/29/2010
Despite my recent blog posts, Birmingham area foreclosure rates are rising as published in the Money section of today's Birmingham News. Click here for a direct link to the article METRO FC'S RISING. While this is certainly not good news for sellers in the area, it could represent a buying oppo
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01/28/2010
As noted in several of my previous blog posts, the Birmingham housing market for 2010 is well positioned for a nice rebound this year, especially for the first six months. In case you missed it in this morning's The Birmingham News, there is a nice article about some of the most recent trends an
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01/24/2010
Larry Penilla, an out of state mortgage professional, reminds us that the homebuyer tax credit expires in about 100 days! That isn't much time, especially for "move up" buyers that need to sell a home! Considering the amount of time for a home to be on the market and a general resistance for se
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01/21/2010
This Lake Cyrus real estate market report is a continuation in a series of blogs about the performance of some of the larger neighborhoods in Hoover, AL to assist buyers and sellers in assessing their negotiating position. I should disclose that I am a resident of this neighborhood and have live
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01/21/2010
This Trace Crossings real estate market report is the first in a series of neighborhoods I will be reviewing in the Hoover area. As they say, "every market is different" and markets can be defined many ways (e.g., county, city, zip code, etc....) but the neighborhood level is probably the smalle
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01/15/2010
In evaluating the Hoover real estate market, it is clear that this segment is performing better than the greater metro Birmingham market overall. Take a look at the chart below for Hoover conventional single family (Jefferson and Shelby Counties): A couple of things to note about the Hoover
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01/14/2010