Homewood Living offers insightful stories about the Homewood real estate market drawing on Mike Wald and Hayden Wald's three decades of experience as two of Homewood's most trusted real estate experts. Get updates on the market, coming soon listings, pricing trends, recently sold listings, staging and listing techniques, marketing strategies, home buying strategies, and much more.

The following is from an article that appeared in Over the Mountain Journal on March 11, 2021

In what ways has the pandemic affected the OTM real estate market?

The biggest impact from the pandemic is that it exacerbated the problem with low inventory. More sellers have been hesitant to list. So, prices in Mountain Brook, Homewood and Vestavia have increased at a faster pace than they would have otherwise. Those markets are so competitive that listings price appropriately and in good shape are getting multiple offers. Often, winning bids are significantly above asking price and some buyers are even waiving their contingencies on financing and inspections.

Over the past 12 months, have you seen any changes in what buyers are looking for?

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1624 Barry Avenue

Renovated to perfection this charming 4 bedroom, 3.5 bathroom home offers a bright open space with a beautiful kitchen that opens to the living room. Kitchen features butcher block countertops, stainless steel appliances and solid oak cabinets. The roomy primary bedroom boasts an elegant ensuite with dual vanities and marble countertop. The spacious basement offers ample storage, full bathroom, bedroom, laundry area, and the perfect space for enjoying movie or game nights. Outdoor entertaining is a breeze on the large back deck and patio area overlooking the spacious level backyard. Additional highlights include Craftsmen Trim Details throughout, refinished oak hardwoods, Goodman HVAC System, Rheem Hot Water Heater, and Weathertight…

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1624 Barry Avenue, Homewood

Believe it or not, this beautifully remodeled Edgewood home lists for only $375,000! There are numerous reasons why Homewood is one of the over-the-mountain areas most beloved cities- great schools, walkable neighborhoods, architecturally appealing homes, popular restaurants, convenience to UAB, and friendly neighbors. No wonder home prices are skyrocketing. That's why it's so exciting to find a beautiful home with updates throughout for under $400,000, or for that matter under $500,000!  Thankfully, there are real estate entrepreneurs like John Mark Rives who possess the necessary skills and vision to buy and remodel homes in our market, make them beautiful, and keep them affordable. Now that's skill.

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2353 Huntington Ridge Road Sold for $513,000 or about $168 per square foot.

You will love this gorgeous, 4 bedroom, 4.5 bathroom home located in the desirable Huntington Ridge Subdivision. Boasting 2 primary suites, and a bonus living area with kitchen in the full basement, you will find this home offers all the space you could possibly ask for. Gleaming Hardwoods on the main level and an abundance of natural light throughout. Large laundry room, formal dining room and a family room that opens to the kitchen with center island, tile backsplash and ample cabinet space. A great backyard with mountain views, and multiple areas for entertaining make it perfect for get-togethers around the fire pit. Upstairs find the 2nd primary suite, 2 additional…

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