Following a year full of surprises, many organizations in the real estate industry expect a “return to normal” during 2021. In 2020, the historically busy
Driven by higher valuations for 9 of 13 categories, the Green Street Commercial Property Price Index* (CPPI) for all property types increased 1.8% month-over-month in November.
The housing sector has been quite resilient in an overall down economy, with low mortgage rates and a desire for more space leading to elevated
The COVID-19 pandemic, and resulting stay-at-home culture, have brought significant and broad impacts to residential markets in Alabama. Total residential sales are up from the
As measured by the Alabama Housing Affordability Index (AHAI), housing affordability in the state declined 3.7% quarter-over-quarter. Although median family incomes were on the rise in 7 of 12
As measured by the Alabama Housing Affordability Index (AHAI), housing affordability in the state declined 5.3% quarter-over-quarter. Although median family incomes were on the rise in 7 of 12
With 10 of 13 markets reporting new construction sales data for June 2020, it appears likely that new home sales will surpass the 1,000 mark
A recent weekly economic and housing market update from Realtor.com touched upon a few positives for the nation’s housing market. Pending home sales increased 44.3% month-over-month while mortgage applications
