Birmingham-Hoover Real Estate

The Birmingham AL mortgage market appears to be shifting away from FHA / VA / RD financing to conventional FNMA / FHLMC.  Coupled with a rise in the average list and sold prices, conventional financing represents a larger share of the market.  This is good news for the Birmingham AL mortgage mark...

The Birmingham AL MLS market continues to show softness measured in terms of months-inventory, a relative measure of the balance between supply and demand.  Sales volume for August, 2010 was comparable to July, 2010 but well below August, 2009 (decrease of about 15%).  Taking a look at the chart ...

Barbara Kiviat wrote an article in the September 6th issue of Time Magazine titled "The Case Against Home Ownership" which suggests that the benefits of home ownership are really mythical; it goes on to suggest that homeownership (single family detached) is something the government has "coaxed" A...