Is the Stock Market Rally Affecting Over-the-Mountain Home Prices?
Posted by Mike Wald on
Is the Stock Market Rally Affecting Over-the-Mountain Home Prices?
Tuesday Note: Lessons from helping more than 1,800 families
One question Hayden and I keep coming back to lately: is the stock market rally quietly reshaping the over-the-mountain housing market? We think the answer is yes — and we're seeing it most clearly in Mountain Brook, Vestavia, and parts of North Shelby, especially when a truly special property comes along.
Most homes in our market are still selling within a few percent of asking. That's normal in a competitive market with limited inventory. But almost every week, we see something very different. A trophy property hits the market, and the final number is dramatically higher than expected.
Not 5% over list. Sometimes…
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For years, homeowners have been told that swimming pools are a poor investment. They're expensive. They're hard to maintain. They'll make your house harder to sell.
Tucked into the gated community of Old Overton on 1.4 acres, this stunning estate offers the perfect blend of open plan living with modern elegance. Floor to ceiling windows drown the space in natural light and allow you to take in the breathtaking views. Top of the line chefs kitchen offers an oversized island, gas cooktop and so much space for gatherings with friends or family. Primary suite boasts a beautiful ensuite and private dressing room. Handsome office with wood paneling and built-ins. Fully finished basement features, full bath, wet bar and additional living spaces great for movie or game nights, entertaining or even a home gym. Sip your coffee while overlooking the Cahaba and…
Step 1. Here's a screenshot of our home page at www.FindThePerfectHouse.com. To start your search, click the navigation link at the top of the home page that says "SEARCH HOMES."
