This week's Birmingham home sales and listings activity report shows the following (click on link to view properties) for the past week (2/19/2010 - 2/25/2010) for conventional single family residences: Homes Listed - Jefferson County: 285 units Homes Listed - Shelby County: 107 u
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02/25/2010
For purposes of this post, Birmingham luxury houses for sale is defined simply as any conventional single family residence priced above $300,000. In light of an average price of $143,000 over the past 12 months in this area, homes above $300,000 are considered "premium" relative to the overall m
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02/19/2010
This week's mortgage market update, provided by Jimmy Kernan, Vice President of Regions Mortgage here in Birmingham, AL, is for the week ended 2/12/2010. Global events in China and Greece had a significant impact on US mortgage markets this week. In addition, the market showed weak demand for 1
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02/16/2010
This week's mortgage market update, provided by Jimmy Kernan, Vice President & Mortgage Banking Officer at Regions Mortgage, features economic data for the week ended 2/5/2010. On Tuesday of next week, Jimmy will provide a mortgage market update for the week ended 2/12/2010. Concerns about the
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02/12/2010
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