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BrickDriven Realty Blog

Friday, January 21, 2022   /   by Shane Kilby

North Alabama Market Report for January 2022

 Here’s an in-depth look at the North Alabama market as we begin 2022.


It’s that time of year again. As we begin 2022, a lot of our friends, family, and clients have been asking us about the real estate market and what the new year has in store for us here in North Alabama. Today I have a comprehensive market update for you.

Feel free to watch the full interview, or use these timestamps to browse specific topics at your leisure:

0:41 — Recapping the 2021 market

1:20 — My expectations for homebuyer demand in 2022

2:10 — My best advice for home-buying clients in 2022

3:30 — Why none of the data I’ve seen points to a potential crash

4:02 — The biggest differences between today’s market and 2008’s

5:30 — Final thoughts

If you have questions for me about today's topic or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing f ...

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  real estate

Monday, December 13, 2021   /   by Shane Kilby

Happy Holidays!

 From our team to your family, we want to wish you a happy holiday season.

Happy holidays to you!

The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories.

We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business.

This may be a busy time of year, but we are always here to help you and answer any questions you may have. Give us a call or reply to this email; we’d love to help you. 

In case we don’t hear from you until 2022, have a happy New Year!
  ...

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Monday, November 15, 2021   /   by Shane Kilby

Northern Alabama Market Update: Fall 2021

 Here is your fall update on our Northern Alabama real estate market.



It is the fall 2021 Holiday season. We are super excited and we hope you are too. We wanted to take this time to wish you a happy Thanksgiving. We’ve accomplished a lot this year, and we wouldn’t be here today without your support. We hope you have a great Thanksgiving dinner. 


Now let’s talk about the state of the market this fall:


The statistics show that we might be at a peak right now. That’s not a bad thing, but it does mean that our appreciation might slow. For the last 10 months, Alabama has seen about 15.5% appreciation. Our 2022 forecast is around 5% to 6% appreciation.


We’re looking at a cumulative appreciation of 31.8% by 2025. So adding together the expected appreciation of 2021, 2022, 2023, 2024, and 2025, we should have just over 30%. If you purchased a $300,000 property in 2021 and plan to sell it in the peak of 2025, it should be wo ...

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  real estate

Monday, November 1, 2021   /   by Shane Kilby

How You Can Get Your Home Ready for Winter

 Here are seven tips to help prepare your home for the cold weather.


Buyers and sellers usually ask how they can prepare their homes for the cold weather around this time. I have some tips that’ll help keep your home energy efficient and damage-free.
1. Clean out your gutters where it can freeze and cause damage.
2. Winterize outdoor pipes. Check anywhere there might be exposed pipes, like under the home or in the attic, and insulate these areas as much as possible. 
3. Install an emergency release on your pipes. This is a release valve that lets you release some built-up pressure and keep pipes from bursting. Newer homes may already have this.
4. Keep your thermostat set a bit lower. If you set your thermostat at 65 or 66 degrees, it’ll still keep your home feeling nice and toasty compared to outside while saving quite a bit on your bill.
5. Get your HVAC system inspected. You want to make sure any wear and tear or missing parts are addressed in adv ...

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  real estate

Monday, October 18, 2021   /   by Shane Kilby

The Latest Market Forecast Based on Recent Real Estate Trends

 Here's a closer look at the latest real estate market data this fall.



 
As we head further into fall, I wanted to bring you a comprehensive update on our real estate market. Buyers and sellers alike are asking me about what we can expect in the immediate future.
 
Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:
 
0:36 — When is the market going to crash? Is it going to crash at all?
 
1:12 — An update on mortgage rates
 
1:55 — Taking a closer look at home appreciation trends
 
2:43 — Why our inventory plays a major factor in the health of our market
 
4:08 — How long are homes taking to sell, and how does that compare to historical data?
 
5:17 — How many offers do listings get on average right now?
 
7:30 — Final thoughts

If you have questions about the stats in today’s video or anything else rela. ...

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  real estate