Currently there are 921 homes on the market with an average list price of $134,999. With 73 homes sold in October this equates to a 12.6 months supply. October saw 73 homes sell with an average sales price of $94,182 compared to 79 homes selling last for $72,180 or a 30.4% increase in price. Year to date 933 homes sold in 2009, compared to 1139 in 2008 or a decrease of 18%. With interest rates continuing to stay under 5.5% and more homes on the market to choose from, now may be a good time to buy. For the seller because there are more homes on the market they may be faced with a longer selling time and must be willing to negotiate on offers presented.
Approximate Location Boundaries: Birmingham-Metropolitan
Location Characteristics: A wonderfully diverse city, metropolitan Birmingham offers homes to fit almost any lifestyle. The low key atmosphere of the area will leave you time to really enjoy life. Although it is one of the 60 largest metropolitan areas in the country, Birmingham has not grown too large to enjoy. The drive from one end of town to another is not a half day long excursion. While rush hour traffic is definitely noticeable, enough highway improvements have been made to allow a relative ease of movement. That leaves plenty of time for those things which have disappeared from living in most major cities: time to visit the restaurant on the other side of town even though rush hour is not quite over and time to spend enjoying living in the area.
About Linda & Ken Champlin:
Both originally from Oklahoma City, Ken and Linda began their sales careers early in life and combined, have in excess of 60 years sales experience. They understand the ups and downs, trials and tribulations, excitement and sorrow involved in the process of buying and selling a home and relocating to different parts of the country. They have personally moved 14 times, and have lived in Oklahoma, Texas and New Jersey, and arrived in the beautiful state of Alabama in 1987. Both Ken and Linda began their sales careers in the corporate world, where they were employed by America's largest provider of telecommunications equipment and services. They began working professionally as a team in this environment in 1974 (and personally as a team in 1977 when they were married) when they were meeting the needs of large businesses and corporations. They consistently came out at the top in terms of total sales and revenue generation. They both received numerous awards and much recognition for their sales results. Their kind of success does not come easily. It takes hard work, dedication and innovation. Ken and Linda brought these qualities to their work in the corporate world and they bring them to their work as real estate professionals.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
