Monthly Archives: August 2006
Our latest podcast is now up and running. In it, you’ll hear our assessment of the housing market in the Shelby county area which, by the way, shows signs of turning more into a buyer’s market.
We discuss what this trend means for both Buyers and Sellers. Click the player below to listen in real time or click here to download!
I wonder if Iâ€™m wearing rose colored glasses when analyzing the housing market here in Shelby County. Or maybe Shelby County is just a â€œrosyâ€ place to live and own real estate. When talking with area Realtors, I keep hearing that â€œthings are slowâ€ and listings are not getting the traffic we came to expect this year. Maybe the increase in the supply of homes is creating an illusion of a slow market.
The Alabama Real Estate Research and Education Center has released some interesting stats. As of April, Alabama home sales were up 3.2 % over the previous year. At a national level, existing home sales fell 5.7 % in April over the past year. So, while Alabamaâ€™s housing market is still going strong, sales vary a lot from area to area. It does seem as if Shelby County is ignoring the predicted national housing slump â€¦ and thatâ€™s a good thing!
From time to time, we use our podcasts to give you an idea of what life is like here in the Birmingham area, and this is one of those times.
I hope you enjoy this Slice of Life in Birmingham!