Birmingham Real Estate News & Market Trends

You’ll find our Birmingham blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 1, 2018

State of Real Estate Market November 2018

Number of sales are down, dollar volume of sales are up, average price of sale is up, median home price in Birmingham is up and inventory is down.  Sears Roebuck filed for bankruptcy, student loan defaults passed 40%, corporate debt, consumer debt and national debt have hit new highs.

All this factors are and will continue to effect the real estate market.  If you're thinking of selling or buying in the next five years you must watch this video.

Learn More Watch Video

Posted in Market Updates
Oct. 9, 2018

Buyer Looking for Luxury Homes

If I could bring you a cash buyer for your home that could close in 30 days would you be interested?  Your home must be valued at over $1 Million, you must have at least 75% equity, you must be paying federal income taxes.

Watch this Video to Learn More

Posted in Market Updates
Oct. 3, 2018

State of the Real Estate Market September 2018

We're entering a market slowdown caused by higher interest rates and low inventory in the lower 2/3 of the market.  The higher end is still being effected by the Baby Boomer Sell-Off and the lingering effects of the Subprime Crisis.  We're entering a Buyer's Market.

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Posted in Real Estate Advice
Sept. 17, 2018

Death of The Real Estate Agent

Home Buying Goes Algorithmic.  Wall Street Journal article writes the obituary of real estate agents.  Are you going to be replaced by artificial intelligence or are you going to stand up and say "this is what I can do for you that an algorithm can't do for you."  This is either the start of a new beginning or the end of your career.

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Posted in Real Estate Advice
Sept. 16, 2018

2018 Real Estate Market Slowdown or Crash?

What's driving the current real estate market and where is it headed? Is this a temporary slowdown or the start of another real estate market crash?  Look at the history and how we got here and the answer is clear. What do we need to do next?  These are all questions answered by The Birmingham Real Estate Authority.. Kerry Grinkmeyer.  Hire a Salesman to sell your home not a listing agent.

Watch Video

 

 

https://youtu.be/9hrhSNJFIyY

Posted in Real Estate Advice
Sept. 13, 2018

The Next Real Estate Bubble

When can you expect the next real estate bubble.  Past bubbles were caused by bad banking practices,  bank failures, which resulted in the stock market crash.  Let's look at the clues that will signal the next housing crises, the Dow, National debt, Case Shiller Index.

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Posted in Real Estate Advice
Sept. 7, 2018

Shout Out to Jeff Bezos, Gary Keller, Spencer Rascoff and Jason Hoback Real Estate 2020

The Real Estate industry is going to go through a revolution as Smart Homes become the home of choice. Demographic change, technology, predictive analytics, and artificial intelligence will change how homes are bought and sold as well as how homes and lives are managed.  Best of US Homes is showing the way. 

https://youtu.be/J04RqJ3PBmU

Watch Video

Posted in Real Estate News
Aug. 28, 2018

How to Use Facebook Advertising to Promote Your Real Estate Business

Facebook Custom Audience Advertising is the only way to effectively use Facebook to promote your real estate business or any-other small business. Place a Facebook Pixel on your website to build your custom audience. Then promote your brand and your Unique Value Proposition.

 

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Posted in Real Estate Advice
Aug. 16, 2018

"I have a Dream" Real Estate 2020

The real estate industry will change by 2020 to better serve buyers, sellers, renters and agents. Artificial Intelligence, technology, and the Internet will bring Zillow, Keller Williams and Best of US Homes together to form the super broker that will revolutionize the real estate industry and change how homes are sold.

Click Here to Watch Video

Posted in Real Estate News
Aug. 13, 2018

Tomorrow's Real Estate Industry

If a real estate agent says, “we’ll buy your house for cash.  You move out and we’ll update, the house will be empty, so we’ll get the job done in half the time.  We employ these tradesman 365 days a year, so we’ll get the work done for half what you’d pay.  That’s why we can pay you as much as we can.  If you want to list it with our agent for 60 days and see what you can get, our offer is good for 60 days.”

Would you take such a deal, that's what I think you'll be offered in the future.

Watch this Video and tell if you'd sign-up

Posted in Real Estate Advice