Beware of the “Saw Tooth” Real Estate Market in Birmingham Alabama

Collier Swecker video blogs about the “saw tooth” real estate market that we are currently in. This is a very deceptive real estate market because every time we see housing prices increase we see them decrease just as quickly. This is because when properties in a certain area start to sell, the prices of the current inventory of homes rise as a result of less inventory and perceived demand in that area. What happens next is that when non-selling home owners see prices starting to rise, many of them decide that it is a great time to sell their home and throw their home on the market for sale. As a result the inventory of homes in that area increase once again and prices go right back down. It is a cycle that we have seen over the last year and will probably see for at least 2 or 3 more years. If you have any comments or questions about the current “saw tooth” real estate market, email me at Collier@MegaAgentRealEstate.com or visit my website at www.MegaAgentRealEstate.com.

   

About Collier Swecker

Collier Swecker is a licensed real estate broker, attorney, blogger, speaker and entrepreneur. He is the founding partner of the Mega Agent Real Estate Team at RE/MAX Advantage which ranks as one of the top selling real estate teams in Alabama. Collier also acts as a business and marketing consultant for small business start-ups.

Collier graduated from Auburn University (B.A., 1998), Cumberland School of Law (Juris Doctor, 2002) and Washington University School of Law in St. Louis (Masters of Law in Taxation, 2003). Collier was the principal partner of the law firm Swecker and Sparks LLC for 3 years before leaving the law practice for real estate development and sales.

Collier is a native of Yorktown, Virginia and currently resides in Birmingham, Alabama with his wife, Amanda Capps Swecker. Collier & Amanda are the proud parents to a beautiful daughter, Julia Abigayle. They have one dog named Kramer.

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