Quote Originally Posted by 48009 View Post
Sounds like RE agent/broker talk to me. If homes really are selling in the area it's because prices are so low. Many of my neighbors would love to get out but can't sell without incurring a sizable loss.
I have no idea what you're talking about. Prices in Birmingham have never been higher. There is almost no inventory besides junk.

Prices in Bloomfield haven't appreciated as quickly, but in prime areas [[near Cranbrook, near Kirk in the Hills), inventory is almost as low as Birmingham.

Try finding something decent and move-in condition for a family for under 600k in Birmingham. Good luck.