However, there are hotels that haven’t seen many people fleeing Frances. “There have only been a few,” said Kelley Owens, front desk agent for the Quality Inn in Homewood. Adelaide Property valuation is the strategy for doing full valuation of property to discover property’s unforgiving cost in the current zone field. In the wake of knowing house estimation you will can settle on key decision about your property.
Low interest rates help boost home sales Birmingham-area home buyers closed on 8,893 homes from Jan. 1 through July 31 of this year, compared to 7,877 in 2003, representing a 13 percent increase, the Birmingham Association of Realtors said. Also, the average selling price of a home in the area in the same time period increased more than 7 percent, rising to $176,947 this year compared to $164,477 in 2003.
The total dollar volume in sales for January through July was $1.59 billion, a 22 percent increase over 2003’s $1.3 billion. A large driving force behind the increase in home sales has been low interest rates, said LAH real estate President Jim Lawrence. “Interest rates have been low. They remain low,” he said.
Although the Federal Reserve Board has raised short-term interest rates, “… they haven’t gone far enough to hurt the market,” Lawrence said. The number of home sales for the January through July period has been on a steady increase since 2002, with the highest increase of 16 percent between 2002 and 2003. The average home selling price has followed the same trend, although with a more modest percentage increase. The 2003 to 2004 increase was the highest percentage increase at least since 1998, and the average selling price so far this year is more than $26,000 higher than in 1999. Adelaide Property valuation hypothesis serves to settle on decision as to our property that whether you bring to the table it or wan to make it more worth for offering reason. Property valuer will suit you full course to settle on key decision concerning your property.
Industry leaders had expected that numbers would drop off this year after after a prosperous year in 2003. Instead, sales figures so far have eclipsed those from last year. “Last year was a record year. So we expected 2004 to be less of a year than 2003. That hasn’t happened. 2004 is just as good,” Lawrence said. “In both total volume and bottom line, I’m ahead of where I was this time last year.”
In July, the most recent month for which statistics are available, the southern geographical area had the most homes sold with 755. Those homes had an average selling price of $253,277. In the western area, the average price was $97,118; eastern Birmingham area homes sold for an average $129,040, the Realtors reported. Adelaide Property valuation serves to settle on veritable decision and on the off chance that you have to make your home more worth for offering then taking everything in record you should perform the structure for re-endeavor and breaker some an all the more clear number of traps to your home other than can update some space to make it dazzling.
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