Market Updates

June 8, 2021

Real Estate Sold Last Week

These homes closed last week in Crestwood, and Center Point

May 4, 2021

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now | MyKCM

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success ...

View More
April 14, 2021

Top 4 Reasons to Own a Home

Owning a home can have an incredible impact on your quality of life. Let's connect if you're ready to make your dream of homeownership a reality.

 

View More
April 13, 2021

Which Market in Birmingham Sold Faster

North Shelby / Hoover in the 35244 zip code was the fastest closing market in Birmingham, with an average of 14 days on the market.  If measured in terms of median days, the answer would change to Altadena and Bluff Park, where homes went under contract in 2 days.  

All ...

View More
April 9, 2021

Trussville is Hot

711 homes sold in Trussville in 2020, which is 33 more houses than in 2019. These went for a median price of $300,000, up from $293,000 in 2019, and were generally under contract faster than 2019 in an average of 31 days. Almost all of these homes were ...

View More
April 9, 2021

How 2007 Saved 2020

It would be a stretch of the imagination to think that the 2007 recession was helpful to us as we face the last turbulent year in our rear view mirror. But with 2020 in hindsight, there is reason to think that some of the hardships we endured back then may ...

View More
April 8, 2021

Don't Sell On Your Own Just Because It's a Sellers' Market

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to ...

View More
Posted in Market Updates
Dec. 2, 2020

With Home Values Surging, is it Still Affordable to Buy Right Now

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained:

“Although the headwind of severe supply ...

View More
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

View More
Posted in Market Updates