Found 2 blog entries tagged as Homewood homes for sale.

An article in today's Wall Street Journal citing the Case-Shiller Index, stated that U.S. home prices are increasing at the fastest pace in 15 years! The price increases reflect how fiercely buyers are competing for the limited number of available listings.

According to the article, "A number of forces have merged to fuel the red hot housing market, including mortgage rates dropping below 3% in July for the first time ever. Millions of millennials in their 30s. New-home construction has lagged behind demand and homeowners are holding on to their houses longer. At the same time, the pandemic worsened the already severe shortage of homes for sale. Low interest rates prompted more homeowners to refinance and stay put instead of moving. Others delayed…

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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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