Best of U.S. Blog


What Are the Fastest-Growing Suburbs in the Birmingham Area?

by Jake Hill, LawnStarter Research Analyst August 8, 2017   From 2010 to 2016, Shelby County topped every county in Alabama for both population growth and new single family homes per capita. During the period, the county population grew 7.43 ...

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Puzzled why your home didn't sell? Open Letter

4935 Cold Harbor Drive Birmingham, AL 35223 July 24, 2017   John and Sue Schmidt 8000 Greystone Way Birmingham, AL 35242   John and Sue, are you puzzled why your home didn’t sell?  I showed your home on April 20, 201...

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Foreign Buyers are Entering the Birmingham Luxury Home Market.

International buyers purchased $153 billion worth of existing homes in the U.S. from April 2016 to March 2017—up 49% from the same period a year before, according to a recent National Association of Realtors® survey. They bought 284,45...

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Selling your home to an international buyer

This past week I worked with an international couple. They are moving to the United State to establish a home base for their United States distribution, they own a construction supply company doing business in 80 countries and they picked Birmingham ...

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The Baby Boomer Sell-Off moving into The Great Baby Boomer Die-Off

We are now six years into the “Baby Boomer Sell-Off” of their luxury homes, that is as the Baby Boomers reach 65 (9,000 per day) they are putting their homes on the market to down-size, change their life style, or move closer to their chi...

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Best Suburbs to Buy Luxury Real Estate in Birmingham, AL

Best Suburbs to Buy Luxury Real Estate in Birmingham, AL   If you’re looking to buy a luxury home in Birmingham Alabama, you’ll probably find lots of gorgeous homes in the near south side of the city in communities like Redmont, Fo...

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The Power of Video in Selling Real Estate

I've been using video in my real estate business since I started, first as part of the presentation of my Featured Homes on my website and more recently in my effort to share my ideas on how to sell luxury homes in this "Baby Boomer Sell-Off market.&...

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Can America’s Aging Stay in Their Homes?

A recent report outlines a number of challenges to aging in place. The Harvard Joint Center for Housing Studies recently published a report with stunning statistics on housing and aging. By 2035, one in three U.S. households, versus today’s one...

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5 Things to Consider Before Choosing a Realtor to Sell Your Luxury Home

5 Things to Consider Before Choosing a Realtor to Sell Your Luxury Home Selling your luxury home will involve quite a bit of preparation to guarantee you are presenting the best possible product, and I use the word product because that’s how y...

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Who Will Buy Baby Boomers' Homes?

Years ago, housing experts predicted a housing crisis brought on by “the great senior sell-off.” But the seniors aren’t selling—yet.   Mimi Kirk @marionekirk Apr 14, 2017   But Millennia...

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Puzzled why your luxury home isn't selling?

In many of Birmingham’s neighborhoods less than 40% of the luxury homes that come to market sell in the first 365 days of being listed. This raises a lot of questions. The first of which is why are there so many more sellers than there are buye...

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Using Predictive Analytics to Sell your Home

In many of our neighborhoods less than 40% of the luxury homes that come to market sell in the first 365 days from first being listed.  This raised many questions.  The first of which is why are there so many sellers than there are buyers?...

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Ten Secrets to Selling a Luxury Home

Selling a home isn't all that different from selling a product; like a car.  If you don't do a few things right you decrease your odds of selling your product. Price, presentation, and product knowledge determine if you buy a particular car, it'...

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Top 10 Tips for Buying a Luxury Home in Birmingham, Alabama

From a tear down build brand-new Mc-Mansion in Crestline to a golf course communitie like Liberty Park or Greystone, there’s a plethora of choices in high-end homes in BIrmingham. Consider these tips from someone in luxury home business every d...

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The wealthiest Alabamians have a new attitude about homebuying — and it has led to a slowdown in the luxury home market

Before Zillow, Trulia, Redfin, and Realtor.com, if you were interested in buying a luxury home would have to consult a local realtor to access information about what was available on the market. As these online property databases rose to prominence,...

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13 Things I’m Going to Give Up To Guarantee My Success In Real Estate

 “On your last day on earth, the person you became will meet the person you could have become.”  Sometimes, to become successful and get closer to the person we can become, you don’t need to add more things — we ...

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Selling Luxury Homes Using Story Telling

I’ve read many house descriptions on MLS listings and websites and I think of an ad for a Porsche:  4 wheels, 6-cylinder turbo-charged engine, classic styling.  How many cars do you think they’d sell? No this is a porsche ad, d...

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Listing Your Luxury Home – 11 Things the Best Luxury Agents can do to Sell a Home

The real estate market is experiencing a change, in the past it was enough to clean up your home, do some minor repairs, get a well networked real estate agent, put a sign in your front yard and wait for your buyer to show up.  This still works ...

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Must do to sell your Luxury Home in Birmingham, AL

If you want to sell your luxury home in Birmingham here are some things that you must do. Is the Price Right? Pricing a home correctly, from the beginning, is extremely important whether selling a $700,000 home or a 3.5-million-dollar luxury home! &...

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10 Step Guide to Buying a Home

1. Start with your credit. Credit reports are kept by the three major credit agencies, Experian, Equifax, and TransUnion. They show whether you are habitually late with payments and whether you have run into serious credit problems in the past. A cr...

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Birmingham bucks the national trend

Uncertainty around the election spooked wealthy home buyers in the fourth quarter, continuing 2016's slowdown in luxury real estate, according to several new reports.  However this is not the trend in Birmingham; luxury home sales were up by 49%...

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Five words and phrases that will sell your home faster and for a higher price.

Ever wonder why some homes sell for a premium and others don’t? While timing definitely plays a part, turns out mentioning certain home features in your listing description can yield quite the premium– both in how fast the home sells for,...

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Flipping Luxury Homes in Birmingham, AL

Flipping luxury homes is the quickest way to real estate riches. Have you ever heard the statement, “the surest way to make $1-Million in real estate is to invest in a $10-Million home?” There is some truth to that. The great news about i...

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Could Birmingham become an International Real Estate Investment Destination?

Could Birmingham Become an International Investment Destination?  Foreign purchases of U.S. residential real estate slid this year after rising the prior two years, according to the National Association of REALTORS®. But experts don’t...

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Millennials are about to change the Birmingham Real Estate Landscape in a Big  Way

Millennials have recently become the largest demographic in the United States, and their behavior is set to make a big impact in the real estate market.  There are now over 75 million Millennials compared to 74.9 million Baby Boomers, a gap that...

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Should you have a mortgage on your home in retirement?

Interest rates have been below 5% for the past six years but now it looks like they might be inching up a bit but still in the 4% range so if you’re approaching retirement or in retirement should you pay off an existing mortgage or even conside...

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Could the CarMax business model work in the Real Estate industry?

Imagine selling your house almost as soon as you decide to list it, and for a fair price. Now flip that around: Envision finding and purchasing a new house using only the smartphone in your pocket. Traditionally homeowners must list and show their h...

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The Ideal Mortgage Amount Is $1 Million

The ideal mortgage today here in Birmingham is 1 Million Dollars.  This is based on the premise that the ideal income is $200,000 per person, (I’ll explain in my next article) low interest rates and the fact that the governm...

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The Baby Boomer Sell-Off

The next potential real estate bubble may be festering in Mountain Brook, Liberty Park, Greystone, Highland Lakes and Shoal Creek. In the early 1990’s Birmingham got its first gated golf course community and every doctor, lawyer, banker and en...

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Moore Law is changing the desire lines in the real estate world.

The real estate industry is facing a shrinking demand for physical space as a result of Moore’s Law, a prediction made in the 1960’s by Intel co-founder Gordon E. Moore that the computer power of micro-chips would improve exponentially ev...

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Using Predictive Analytics to sell your home

I’ve incorporated Predictive Analytics into my business to help Baby Boomers sell their Million Dollar Homes.  Predictive Analytics is the branch of data mining concerned with the prediction of future probabilities and trends. The central ...

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Archive


August 2017

What Are the Fastest-Growing Suburbs in the Birmingham Area?

July 2017

Puzzled why your home didn't sell? Open Letter

Foreign Buyers are Entering the Birmingham Luxury Home Market.

Selling your home to an international buyer

June 2017

The Baby Boomer Sell-Off moving into The Great Baby Boomer Die-Off

Best Suburbs to Buy Luxury Real Estate in Birmingham, AL

The Power of Video in Selling Real Estate

May 2017

Can America’s Aging Stay in Their Homes?

April 2017

5 Things to Consider Before Choosing a Realtor to Sell Your Luxury Home

Who Will Buy Baby Boomers' Homes?

Puzzled why your luxury home isn't selling?

Using Predictive Analytics to Sell your Home

March 2017

Ten Secrets to Selling a Luxury Home

Top 10 Tips for Buying a Luxury Home in Birmingham, Alabama

The wealthiest Alabamians have a new attitude about homebuying — and it has led to a slowdown in the luxury home market

13 Things I’m Going to Give Up To Guarantee My Success In Real Estate

February 2017

Selling Luxury Homes Using Story Telling

Listing Your Luxury Home – 11 Things the Best Luxury Agents can do to Sell a Home

Must do to sell your Luxury Home in Birmingham, AL

10 Step Guide to Buying a Home

Birmingham bucks the national trend

January 2017

Five words and phrases that will sell your home faster and for a higher price.

Flipping Luxury Homes in Birmingham, AL

Could Birmingham become an International Real Estate Investment Destination?

Millennials are about to change the Birmingham Real Estate Landscape in a Big  Way

December 2016

Should you have a mortgage on your home in retirement?

Could the CarMax business model work in the Real Estate industry?

The Ideal Mortgage Amount Is $1 Million

The Baby Boomer Sell-Off

November 2016

Moore Law is changing the desire lines in the real estate world.

October 2016

Using Predictive Analytics to sell your home