Blog Archives

One Black List in Birmingham To Be On…

Most of us do our best to stay off other people’s black lists, but here’s one worth getting on.

With so many great real estate opportunities appearing in the Shelby Co. and Birmingham area, we started a quick notification e-mail list we call The Black List; it’s for folks wanting to pounce when really good deals show up.

Pounce is probably the right word.  When we saw one home go up for sale in Helena not long ago, it drew 17 Offers.  Rest assured that—when the really good opportunities show up—someone will be ready to make an Offer, and fast.

If you want to be in a position to take advantage of these great deals when they hit, The Black List is a good way to be ready.  We use it only when properties go up for sale that we consider especially good opportunities.  These are not confined to homes we, ourselves list for sale; the homes we report could be listed by any Agent in the area.

How often do we sent out Black List notifications?  That depends entirely on what the market has to offer at any given time.  Again, it must meet our criteria, or it doesn’t get reported.

The Black List reports on good opportunities for conventional/re-sales, new construction, Short Sales and Foreclosures in the Shelby Co. and greater Birmingham area.

The Black List is free to join.  To join, go to our website’s main page and enter your e-mail address at the top.  Your information won’t be shared, and you won’t be spammed.  You can unsubscribe at any time.

David

New Competition for Selling Your Home

Thinking of selling your home?

You already know there’s plenty of competition here in the Birmingham and Shelby Co. area.

But now, there’s a new force to deal with. Check out our video just below. This all started when we decided to pay a visit to a recently listed Foreclosure in Alabaster’s Lake Forest; you may be interested to see what’s happening inside…

We’re ready to help you with getting your home sold, successfully, and sooner, rather than later.

Give us a call at 205.677.8696…

David

Birmingham 2011 Home Sales: Market Thoughts

If you’re thinking of selling your home during 2011, does it make sense to sell sooner, rather than later?

This may be something to consider after listening to Tom Horn, an appraiser who specializes in home values in the Birmingham and Shelby Co. areas.

That’s because of what may be ahead in the coming months, which could make it tougher to sell later in the year.

On the other hand, Tom has been looking at price trends in the Birmingham and Shelby Co. area during the past year, and he has seen some changes from previously observed drops. For homeowners uncertain about trying to sell their properties, the trends—while not wonderful news—are actually a little encouraging.

We caught up with Tom to get his thoughts on what’s happening with home values here, and to ask what he thinks may be ahead. Whether you’ve been thinking about selling or buying a home in the Birmingham/Alabaster and Shelby Co. area, you may find Tom’s observations helpful.

Click the player just below…

…or click here if you’d like to download and listen to this interview on your personal listening device.

You can learn a lot more about pricing and trends from visiting Tom Horn’s Birmingham Appraisal blog, a great source of information on values and other appraisal-related news affecting the Birmingham and Shelby Co. area.

If you’re interested in knowing more about Tom’s services, visit his appraisal-source website here.

Tom is a good source of information on home values. He is even having folks who are thinking of selling their home call him in advance to appraise their properties … that, coupled with talking with an Agent familiar with the area, is a good way to know up front what your home’s ultimate selling price is likely to be.

Thanks, Tom, for the great information…

David

A Good Black List To Join

You may not think of being on someone’s black list as a very desirable situation, but here’s proof that it can be good. Yep, you can be on someone’s black list, and, most likely, benefit from it.

This all started earlier a little over a month ago. That’s when Colleen and I saw an excellent opportunity pop up on the MLS. A Foreclosure, consisting of a house and about five acres of property in a desirable area of Shelby county had gone up for sale. Asking price: $109,900.

We thought it was such an enticing offer that we immediately sent e-mails to a number of people we thought might be interested. Would anyone respond? We had no idea.

We got our answer. Lots of folks, it turned out, wanted to know more, and several visited the property.

The inquiries continued. In less than five days, the property had multiple offers and sold. Needless to say, being able to capitalize on a great opportunity requires quick response. Speed is definitely the issue. Or, as some say, if you snooze, you lose.

Given the response we received, we knew it was time to let technology help people know quickly when a good real estate opportunity arises.

Join The Black List!
And so, The Black List was born.

The Black List is our quick notification e-mail list you can join to get periodic updates about attractive chances to own property in the Shelby Co. and Birmingham area.

When we see what we consider an especially juicy real estate opportunity, we’ll let you know via The Black List. Needless to say, if you’re on the list, you’ll be among the first to learn about it. And that will automatically put you in a position to capitalize on the chance, if you wish to pursue it.

The properties you read about might be Foreclosures, or they might be regular sales or Short Sales. They might be large homes or small homes. They might be in the city, or maybe in the country. They might need work, or might be move-in ready. They might be our Listings, or they might be those of another Agent. The point is to let you know quickly when a good deal pops up.

You can sign up by clicking here and entering your e-mail address in the sign-up box at the top of our website’s main page.

We’ll operate this e-mail list the way we think e-mail lists should be run: We won’t share your information, and we won’t constantly blast you with e-mails. You can unsubscribe at any time, with no questions asked.

Here’s hoping The Black List will help you with being able to take advantage of some of the great opportunities we’re seeing more and more in the Shelby Co. and Birmingham areas!

David

Helena, Alabama, Home Sales – October, 2008

Are you a numbers fan? If so, here are a few statistics on October, 2008, home sales in Helena (both Jefferson and Shelby counties), taken from the Birmingham MLS that you may find interesting:

Do homes still sell?  Yep.  Nine Helena homes sold within 30 days...

Are homes selling? Yep. In Helena, nine homes sold within 30 days during October...

  • Number of sales during month:  27
  • Average price: $192,501
  • Average days on market: 85
  • Miscellaneous notes:

  • Lowest price:  $13,000 (38-year-old mobile home on Highway 93)
  • Highest price:  $350,000 (New four bedroom home in Long Leaf Lake, reduced from $389,900)
  • Two of the month’s sales were foreclosures, both in Laurel Woods, for $127,100 (on the market for 70 days), and for $120,000 (on the market for 109 days).

  • 22 of the 27 properties sold for 95% of their list price or higher
  • Fifteen homes sold in 90 days or less
  • Eleven homes sold in 60 days or less
  • Nine homes sold in 30 days or less
  • Longest time on market: 270 days
  • We plan to publish updates like this from time to time, so you’ll have a snapshot of what’s happening with the real estate market in the Birmingham and Shelby county, Alabama areas. Let us know what you think!

    David