Home Building
Alabama new home sales continue to trend upwards in July 2020
September 8, 2020
New homes sold in July averaged 58 days on the market (DOM), 14 days faster than one year ago.
The housing quartile not doing so well during COVID-19
July 13, 2020
The conditions for the 25% quartile struggling to make rent and mortgage payments are not making their way into the housing headlines and are being overlooked by the homebuilding industry and ...
May new construction sales likely to increase from one year ago
June 18, 2020
New construction sales increased in seven of the 11 markets reporting closed sales activity for May.
A review of March 2020 home builder sentiment and mortgage application data
April 17, 2020
The housing-related data this week doused cold water on March’s hopes by the housing industry that record low interest rates and Realtors pivoting to virtual home tours would mitigate COVID-19 damage ...
Single Family Building Permits Up Significantly in January 2020
March 2, 2020
After a strong year in 2019, single family building permits post another year-over-year gain in January 2020.
Top 5 Markets for New Construction in January 2020
February 27, 2020
New construction represented 15.9% of all residential sales statewide during January 2020.
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.
Single Family Building Permits Increase 8% in July
August 29, 2019
While Alabama’s permits are up 3.7% year-to-date (YTD), permits are down 3.3% in the south region and down 5.5% nationwide, hinting that new construction markets in Alabama are going against regional ...
