Looking Up & Forward
World Police & Fire Games 2025 in Birmingham
May 22, 2020
The plethora of “worst-ever” economic reports during this COVID-19 outbreak has overshadowed some Look Up & Forward economic news for the Alabama economy.
Realtor.com releases updated economic and housing forecast
May 19, 2020
Danielle Hale, chief economist for Realtor.com, recently released a revised economic and housing forecast.
Valuing CRE during a period of “Material Change”
May 15, 2020
While valuation uncertainty rises during peaks and troughs to market cycles, lenders and investors still struggle to define the new normal and determine where it is safe to re-enter the market ...
National Perspective: The Pandemic’s Impact to Residential Real Estate
May 14, 2020
During the NAR Virtual REALTORS® Legislative Meetings held May 11 - 15, 2020, Dr. Lawrence Yun, chief economist for NAR, analyzed the impact of the coronavirus pandemic to residential markets in the ...
April 2020 residential sales down in several markets while prices remain stable
May 12, 2020
With the March 2020 sales data largely unaffected by the pandemic, this is the “first month” so to speak when measuring the impact of the coronavirus with closed sales activity. ...
Auto manufacturers restart their engines
May 11, 2020
As Alabama and other states reopen their economies in a measured fashion to balance the public health risks with the fiscal risks, a key industry sector to monitor is automobile sales ...
Record job losses highlight pandemic's economic toll
May 8, 2020
The Bureau of Labor Statistics reported Total Nonfarm Payroll Employment fell by 20.5 million jobs in April and the unemployment rate rose to 14.7%.
Mortgage applications rise as rates hit historic lows
May 7, 2020
Buyers are incentivized by historically low rates, but finding (and financing) that new house has become somewhat more challenging in the COVID era.