Montgomery Area
Montgomery’s August home sales up 5% from one year ago
September 24, 2020
Homes sold in August averaged 92 days on the market (DOM), 1 days slower than August 2019.
July home sales in the Montgomery area improve from one year ago
August 25, 2020
June home sales in the Montgomery area improve from one year ago
July 21, 2020
According to the Montgomery Area Association of REALTORS, June home sales in the area increased 32.1% from 452 to 597 closed transactions. Sales were up 31.5% from May, largely as a ...
Montgomery area home sales decline in May 2020 from one year ago
June 24, 2020
Sales are now down 2.1% year-to-date, and are likely to moderate due to the growing economic impact of COVID-19.
April home sales in the Montgomery area down 4.7% from one year ago
May 24, 2020
Months of supply decreased from 4.2 to 3.6, reflecting a seller’s market in the area.
Montgomery area home sales up slightly in March 2020
May 4, 2020
Going forward, sales activity is likely to slow somewhat, while home sales prices should remain stable.
Montgomery Area Home Sales Flat in February 2020, Up 7.5% Year-To-Date
March 30, 2020
In a continuation of existing trends, homes listed for sale in the area declined 12% from February 2019.
Looking Back at ACRE's 2019 Residential Sales Forecast
January 24, 2020
The 2019 residential sales forecast was accurate to within 6.5% of actual sales statewide.
Listing Trends in Alabama’s Metro Areas (October 2019)
December 16, 2019
Since 2010, statewide months of supply has slowly dwindled to 4.0 months, and in that same time period median sales price has increased an average of 2% per year.
How Affordable is Housing in Alabama? (Q319)
November 7, 2019
The Alabama Statewide Housing Affordability Index (AHAI) decreased 0.75% 3Q19 to 199.5 when compared to Q2’s score of 201.0.
Top 5 Markets for New Construction (August 2019)
September 30, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during August 2019.
Top 5 Markets for Home Price Appreciation: July 2019
August 30, 2019
The Alabama Center for Real Estate created these rankings based on median price appreciation in July 2019.
Top 5 Markets for Home Price Appreciation: June 2019
July 26, 2019
The Alabama Center for Real Estate created these rankings based on median price appreciation in June 2019:
Top 5 Markets for New Construction (June 2019)
July 18, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during June 2019.
Market Spotlight: Montgomery
July 2, 2019
The greater Montgomery area is a region of economic diversity.
Top 5 Markets for New Construction
June 28, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during May.
Top 5 Markets for Home Price Appreciation - May 2019
June 25, 2019
The Alabama Center for Real Estate created these rankings based on median price appreciation in May 2019.
Alabama Counties with the Largest Property Tax Payments in 2018
April 17, 2019
Although Alabamians pay their property taxes in October, taxes are on everyone’s mind as federal and state income tax returns are due in April.
New Construction Permits Decline in February 2019
April 15, 2019
Alabama was not immune to the permit slowdowns seen nationally and within the south region.
ADDITIONAL CONTRIBUTION BY CHRISTIAN SCHOERNER
What Is the Best Month to Sell a House?
April 9, 2019
The Alabama Center for Real Estate addressed this question by analyzing closed transactions from the state’s metro areas in 2018.
Top 5 Markets for Home Price Appreciation
April 1, 2019
The Alabama Center for Real Estate created these rankings based on median price appreciation in February.
Top 5 Most Improved Markets
March 26, 2019
The Alabama Center for Real Estate created these rankings based on year-over-year (YoY) growth in total residential sales during February.
Top 5 Markets for New Construction In February
March 25, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during February.
Price-to-Rent Ratio
March 22, 2019
One crucial metric can be used as a tell-all on whether or not the market is strong for income-producing residential properties - Price-to-Rent ratio.
additional contribution by Christian Schoerner
Five Alabama Markets to Watch in 2019
March 20, 2019
While it will be intriguing to see how statewide real estate performs in 2019, there are five local markets we are keeping our eye on: Phenix City, Mobile, Huntsville, Athens, and ...
Alabama Begins 2019 With Gain in New Single Family Permits
March 19, 2019
A prolonged slowdown in new construction activity at the nationwide level could be interpreted as a warning sign for Alabama’s new construction market, although the downturn would not hit Alabama until ...
Top 5 Metro Areas for Single Family Building Permits in 2018
March 12, 2019
The Alabama Center for Real Estate created these rankings based on total single family building permits in 2018.
Strategies to Address Office Tenant Improvement Allowances
February 28, 2019
There are two ways to address the Tenant Improvement Allowance, a very important component of your office lease.
Top 5 Most Improved Markets in January
February 27, 2019
Top 5 Markets for New Construction In January
February 26, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during January.
Alabama’s Fastest Selling Markets - February 2019
February 25, 2019
The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during January 2019.
Overcoming Self Doubt
February 22, 2019
Self-doubt is one of the most difficult hurdles to overcome. It can become a persistent, powerful voice that holds us back from stepping out and daring boldly!
Logistics Infrastructure Unprepared for E-Commerce
February 19, 2019
“Logistics Infrastructure: Transformational Opportunities” highlights the importance and impact of logistics infrastructure on the “why” and “where” decisions for commercial real estate.
How Affordable is Housing in Alabama?
February 14, 2019
The Alabama Housing Affordability Index (AHAI) for the fourth quarter of 2018 increased 1.88 percent from the third quarter score of 183.8 to 187.3.
Small Market Update: Quarter 4
February 10, 2019
A 4Q18 review of Alabama's small residential markets.
NAR's Amanda Stinton to Discuss Sustainability at the 3rd Annual Alabama Residential Real Estate Conference
February 4, 2019
Amanda Stinton, director of leadership & sustainability for the National Association of REALTORS® (NAR), will present at the third annual Alabama Residential Real Estate Conference and Expo on February 7 at The ...
Opportunity Alabama Founder Alex Flachsbart to speak at ACREcom
January 31, 2019
Alex Flachsbart, founder of Opportunity Alabama, will present during the afternoon session at the 19th Annual Alabama Commercial Real Estate Conference & Expo (ACREcom) on Friday February 8, 2019, at The ...
Annemarie DiCola to Present Lunch Keynote Address at ACREcom
January 29, 2019
Annemarie DiCola, CEO of Trepp LLC and 2019 Chair of the Counselors of Real Estate, will present the lunch keynote address at the 19th Annual Alabama Commercial Real Estate Conference & ...
Alabama’s Fastest Selling Markets
January 24, 2019
The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during December.
Top 5 Most Improved Markets in December
January 23, 2019
The Alabama Center for Real Estate created these rankings based on year-over-year (YOY) growth in total residential sales during December.
Academic Panel Will Provide Insights to CRE Outlook and Emerging Trends at ACREcom19
January 22, 2019
The afternoon session of the 19th Annual Alabama Commercial Real Estate Conference & Expo (ACREcom) will feature a first of its kind, academic roundtable with the leading thought leaders from universities ...
Top 5 Markets for New Construction In December
January 17, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during December 2018.
Steve Weikal to Present Morning Keynote Address at ACREcom
January 16, 2019
Steve Weikal, the Head of Industry Relations at the MIT Center for Real Estate, will present the morning keynote address at the 19th Annual Alabama Commercial Real Estate Conference & Expo on ...
Jim Lawrence to Moderate Panel at ACREres 2019
January 15, 2019
Renowned and beloved real estate educator Jim Lawrence will lead the RRC panel at ACREres, the Alabama Center for Real Estate’s third annual residential real estate conference and expo on February ...
Alabama’s Fastest Selling Markets
December 29, 2018
The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during November 2018.
Top 5 Most Improved Markets in November
December 28, 2018
The Alabama Center for Real Estate created these rankings based on year-over-year (YOY) growth in total residential sales during November.
ACREres 2019: Leading EDGE
December 20, 2018
The third annual ACREres residential conference and expo will be held on Thursday, February 7, 2019, at The Club in Birmingham.
Top 5 Markets for New Construction In November
December 19, 2018
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during November.
Top 5 Metro Areas for Year-To-Date Building Permits
December 11, 2018
Single-family building permits for new construction in the United States, the Southern region, and statewide in Alabama all increased in October of 2018 compared to last month and last year. ...
Top 5 Markets for Year-to-Date Home Price Appreciation
December 4, 2018
The Alabama Center for Real Estate created these rankings based on year-to-date median price appreciation through October 2018.
Top 5 Most Improved Markets in October
December 3, 2018
The Alabama Center for Real Estate these rankings based on year-over-year (YOY) growth in total residential sales during October.
Alabama Center for Real Estate and CCIM Institute Release 4Q18 Paper
November 28, 2018
K.C. Conway, ACRE’s Director of Research and Corporate Engagement and the CCIM Institute’s Chief Economist, released a white paper on November 27, 2018, titled "Commercial Real Estate Finance Disruption: Deja Vu ...
Top 5 Fastest Selling Markets in October
November 27, 2018
Fall 2018 real estate statewide has been strong in Alabama, including increases in total sales and median price.
Top 5 Markets for New Construction In October
November 26, 2018
Rankings created based on new construction as a percentage of total residential sales during October.
Opportunity Zone Update: New Guidelines Provide Clarity
November 20, 2018
Recently, the Trump administration released 74 pages of new proposed regulations for opportunity zones geared toward increasing tax-advantaged investments in low-income areas
Top 5 Counties for Year-To-Date Building Permits
November 14, 2018
The Alabama Center for Real Estate created these rankings based on total year-to-date single family building permits through September 2018.
Battle of the Liens – Lender vs. Builder!
November 12, 2018
The Alabama Supreme Court recently reached a controversial decision on whose lien takes priority – the Lender's mortgage or a builder's materialman lien –when a builder is not paid for his ...
Top 5 Markets for Year-to-Date Home Price Appreciation
November 5, 2018
The Alabama Center for Real Estate created this ranking based on year-to-date median price appreciation through September.
Highlights from September Residential Sales
October 31, 2018
In Alabama, inventory levels continue to decline as residential listings decreased 8.9 percent from one year ago.
Top 5 Most Improved Markets in September
October 29, 2018
The Alabama Center for Real Estate created these rankings based on year-over-year (YOY) growth in total residential sales during September.
Can Modular Homes Solve the Affordable Housing Crisis?
October 23, 2018
Modular homes are becoming a beautifully-designed, energy-efficient, affordable option for housing.
Top 5 Markets for New Construction In September
October 19, 2018
The statewide new construction market is in growth mode.
Data Trends to Watch in Alabama Real Estate
October 15, 2018
Nationwide trends are analyzed to gain insight regarding what lies ahead for real estate markets in Alabama.
Top 5 Markets for Price Appreciation through August
October 9, 2018
The Alabama Center for Real Estate created these rankings based on year-to-date median price appreciation through August.
What are the Top Ranked Metro Areas to Live in Alabama?
October 5, 2018
We’ve ranked the top MSA markets in Alabama based on 5 key determinants.
Delinquency and Foreclosure Rates in Alabama’s Metro Areas
October 2, 2018
Through the first quarter of 2018, both the United States and Alabama experienced a decrease in their foreclosure and delinquency rates.
Celebrating the 50th Anniversary of The Fair Housing Act
October 1, 2018
It’s crucial on Fair Housing’s golden anniversary to bring awareness to the many unaddressed issues involving housing discrimination.
Highlights from Alabama’s August Residential Sales
September 26, 2018
In Alabama, inventory shortages are the norm as residential listings decreased 11.4 percent from one year ago.
Top 5 Most Improved Markets in August
September 21, 2018
The Alabama Center for Real Estate created these rankings based on year-over-year (YOY) growth in total residential sales during August.
Top 5 Markets for New Construction in August
September 20, 2018
Highlights from Alabama’s July Residential Sales
September 5, 2018
A snapshot of Alabama's July 2018 residential sales featuring significant statistics and graphs.
Top 5 Markets for Year-To-Date Price Appreciation Through July
August 24, 2018
The Alabama Center for Real Estate created the price appreciation rankings based on year-to-date median price appreciation through July.
Top 5 Markets for New Construction in July
August 20, 2018
Sales volume for newly constructed residential housing in Alabama increased 11.9 percent YoY from 620 to 694 transactions.
How Does Alabama’s Homeownership Rate Compare to the National Average?
August 15, 2018
National homeownership rates have gradually increased to their current level of 64.3 percent during the second quarter of 2018.
Top 5 Markets for New Construction During June
August 8, 2018
New construction sales represented 13.6 percent of all residential sales statewide during June, up from 13.5 percent last month and up from 12.6 percent one year ago.
Alabama’s Most Improved Markets During the Second Quarter
August 7, 2018
Alabama’s two fastest growing markets were in the southeast region of the state.
4 of the 6 markets with the largest growth in median sales price were in north Alabama
Second Quarter Home Price Appreciation Rankings
July 25, 2018
4 of the 6 markets with the largest growth in median sales price were in north Alabama
ACRE Welcomes New Leadership Council Members
July 20, 2018
The Alabama Center for Real Estate has added eight new members to its Leadership Council in 2018.
Announcing the 3rd Alabama Real Estate Management Summit
July 19, 2018
On Thursday, August 23, 2018 the Institute of Real Estate Management will host the third annual Alabama Real Estate Management Summit powered by the Alabama Center for Real Estate at Burr ...
Which Counties Have the Most Single Family Building Permit Activity in 2018?
July 13, 2018
Will the single family building permit increase continue?
Developers Face Additional Hurdle In Exercising Property Rights
Graffiti As Urban Blight Or Protected Street Art?
June 27, 2018
Moving forward, an issue for developers to consider will include what precautions must be taken if the project involves removing graffiti art.
Fairytale vs. Fact: The Anatomy of the First Time Home Buyer
June 12, 2018
The anatomy of the first time home buyer seems to change depending on which article you read or who you ask - but most of them are just plain fiction. ...
Fair Housing Center of North Alabama Celebrating 25 Years
June 4, 2018
FHCNA’s 25th Anniversary Celebration will be held on June 14 at the Birmingham Botanical Gardens.
Based on year-to-date new construction sales through April
Alabama's Hottest Markets for New Construction
May 29, 2018
Which Alabama market has the most year-to-date new construction sales through April?
Report from the Emerging Business and Technology Forum
Robots and New Realities
May 18, 2018
The Emerging Business and Technology Forum (EBITS) was held during the REALTORS® Legislative Meetings & Trade Expo on May 17, 2018, at the Omni Shoreham in Washington, DC.
Service Animals And Assistance Animals In Alabama – Landlords’ Requirement To Accommodate
May 1, 2018
Because of the confusion between state law and federal law regarding the definition of service animals, assistance animals, and what may be requested by a landlord that has a no-pets policy, ...
Top 5 Markets in New Construction During March
April 30, 2018
KC Conway and Stuart Norton to Speak at ACREres
April 26, 2018
Alabama Center for Real Estate’s director of research and corporate engagement, KC Conway, and research coordinator, Stuart Norton, will detail the current state of Alabama’s residential real estate climate and the ...
Dr. Alexa Chilcutt to Speak at ACREres
April 22, 2018
Methods of business communication have changed and continue to change at a rapid pace, but the ways in which we build trust, rapport, and our own credibility in the marketplace are ...
Dana Duckworth to Speak at ACREres
April 13, 2018
University of Alabama’s head gymnastics coach, Dana Duckworth will deliver the lunch keynote at ACREres, the Alabama Center for Real Estate’s second annual residential real estate conference and expo on May ...
The Expansion of Landlords' Remedies under the Alabama Uniform Residential Landlord and Tenant Act
April 11, 2018
The Amendment to the Alabama Uniform Residential Landlord and Tenant Act clearly grants a landlord greater rights to terminate residential leases moving forward.
Making the Right Office Space Decisions as a Government Contractor
April 9, 2018
Jessica Lautz to Speak at ACREres
April 5, 2018
Lautz will explore the make-up of first-time home buyers, the driving forces in home-ownership, and how Realtors can reach and attract future buyers and sellers.
Top 5 Markets in New Construction during February
March 29, 2018
Ranking Alabama's top five markets using new construction as a percentage of total residential sales.
Announcement of ACREres 2018 Theme and Speakers
February 28, 2018
The second annual ACREres residential real estate conference and expo will be held on May 3, 2018, at The Club in Birmingham.
Chad Emerson and KC Conway to Speak at ICSC’s 2018 Gulf South Conference
February 27, 2018
The International Council of Shopping Center’s 2018 Gulf South Conference is in New Orleans on February 28 - March 2.
Five Data Sources to Supplement CRE Evaluations
February 23, 2018
KC Conway offers alternate data sources to supplement cursory commercial real estate evaluation techniques.
Using percent change from 2016 to 2017 to compare Alabama's residential markets
Annual Trends in Alabama's Residential Real Estate Markets
February 22, 2018
Millennial Brokers: The Barrier to Entry in CRE
February 15, 2018
What is driving millennials to choose cottages over commercial?
REAL Data Analysis: 2017 Annual Median Sales Price Comparison for Alabama Residential Markets
February 3, 2018
Compare your local market's annual median sales price to other markets in Alabama.
How far out should my company start our search for office space?
February 1, 2018
As your company grows or changes throughout its lifetime, you may find yourself moving offices many times.
David Skinner to Speak at ACREcom
January 30, 2018
David Skinner of David Skinner Attorney at Law will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo on February 9, 2018, ...
The 50th Anniversary of the Fair Housing Act is a Great Opportunity to Rethink Our Fair Housing Practices
January 18, 2018
Much has changed since the passage of the Fair Housing Act in April of 1968.
Stephen McNair to Speak at ACREcom 2018
January 17, 2018
Stephen McNair, owner and senior consultant of McNair Historic Tax Preservation Incorporated, will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo ...
Alabama's Real Estate Professionals Are Optimistic Going into 2018
January 11, 2018
The professional real estate community’s outlook for 1st Quarter 2018 moved even higher than last years’ robust expectations.
Christopher Lee to Speak at ACREcom
January 10, 2018
Christopher Lee, president and CEO of CEL Associates, will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo on February 9, 2018 ...
Why the Office Market Should Turn to Triple Net Leases
January 9, 2018
The Power of Managing Closing Costs in a Home Purchase
January 5, 2018
Closing costs can vary depending on lenders, the state you reside in, the price of the home, and even the day of the month the closing takes place.
Kathy Deck to Speak at ACREcom 2018
January 3, 2018
Kathy Deck, Director of Community and Economic Partnerships for Culverhouse College of Commerce at the University of Alabama, will be speaking at ACREcom, the Alabama Center for Real Estate’s eighteenth annual ...
Jim Newsome to Speak at ACREcom 2018
December 19, 2017
Jim Newsome, President and CEO of the South Carolina Ports Authority, headquartered in Charleston, South Carolina, will be speaking at ACREcom on February 9, 2018 at The Club in Birmingham.
KC Conway to Speak at ACREcom 2018
December 6, 2017
KC Conway will identify economic disruptors and communicate innovative solutions to mitigate risk and maximize opportunity at ACRE’s eighteenth annual commercial real estate expo on February 9, 2018 at The Club ...
Retail’s Pain is Industrial’s Gain: The Convergence of Retail and Industrial CRE Sectors
November 17, 2017
High-tech disruptions in the mainstream marketplace are creating a brilliant convergence between retail and industrial sectors.
Bidding for Business: Online Auctions in an Evolving Real Estate Industry
November 10, 2017
The real estate industry is expanding with great virility, to include the evolution of online auctions.
Low Income Housing in Alabama in 2017
November 2, 2017
Alabama ranks among the most affordable places to live in the United States
ACRE Engage headed to three new cities in September
August 23, 2017
ACRE Engage headed to three new cities in September
REAL Charts: New construction home sales up over last year
August 18, 2017
New construction home sales up over last year
ACRE releases 2Q Alabama Affordability Index
July 27, 2017
ACRE releases 2Q Alabama Affordability Index
CRE market strong in first half, expected to remain steady in final two quarters
July 17, 2017
CRE market strong in first half, expected to remain steady in final two quarters
REAL Charts: Alabama new construction sales up in May
July 10, 2017
Alabama new construction sales up in May
Alabama real estate professionals still positive moving into 3Q
July 3, 2017
Alabama real estate professionals still positive moving into 3Q
Alabama loan performance continues to improve
June 14, 2017
Alabama loan performance continues to improve
REAL Charts: April new home sales up from last year
June 1, 2017
New Construction numbers are in for April
Potential for more rural projects, new oversight committee among notable changes to Historic Tax program
May 30, 2017
What's changed about Alabama's Historic Tax program?
REAL Charts: March new home sales steady in Alabama
May 8, 2017
A look at new home sales in Alabama during March
Gallup: Most believe home values in the South will rise
April 27, 2017
Gallup poll indicates most believe home prices will rise in the South.
Demand for temporary office space should remain strong in 2017
February 14, 2017
Demand for temporary and flex office space to remain strong experts say.
Home prices on the rise nationwide, and in Alabama
February 2, 2017
See how far home prices have risen in Alabama's five major markets.
ACRE welcomes new Leadership Council members
January 19, 2017
ACRE welcomes three new members to the Leadership Council.
REAL Charts: Montgomery November home sales rise, inventory slips
January 9, 2017
Montgomery home sales continue to climb during the month of November.
With holidays approaching, more retailers discovering rural Alabama opportunities
November 30, 2016
Retailers still looking at rural areas of Alabama for opportunities.
