Affordable Birmingham

“Affordable Birmingham” can sound contradictory! Yes, there are luxury homes in abundance, and many buyers think Birmingham is out of their price range. Let’s look at a few facts…

To date in 2012, 62 homes have sold in the $200,000-$300,000 range. Most of these homes would have been 25-50% higher in 2004. What may be even more surprising is that 74 homes in Birmingham have sold in the $100,000-$199,900 price range! The market values are increasing steadily but “good deals” are still available. If a buyer is willing to do a little sweat-equity, there are homes that are very affordable, especially with continued low interest rates.

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