The Green Street Commercial Property Price Index* (CPPI) was unchanged in December versus November, but increased 2.5% for the calendar year 2019. The all property** index
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during November. 1. Birmingham: 33
Known as “The Druid City” because of the large water oaks that lined the streets of downtown in the mid-1800s, Tuscaloosa is now a regional
Of the five submarkets in Birmingham’s office market, the midtown market is likely to continue outperforming others in the coming years. Other office markets in
Alabama’s residential market is substantially impacted by the amount of homes listed for sale at any given moment. It impacts months of supply, median sales
The Green Street Commercial Property Price Index* (CPPI) gained 0.5% month-over-month in October. The all property** index is up 1.1% over the past 3 months and
6.7% October residential sales growth from one year ago (5,211 vs 4,883 closed transactions) ____________________________________________________________________________ 4.5% Year-to-date residential sales growth from one year ago (54,528
Alabama tied with Florida for 29th in a recent study by Smart Asset ranking the best states for the middle class in America. States in the Midwest
While homeownership rates nationwide were on the rise during the third quarter of 2019, they decreased slightly in Alabama during the same period. However, Alabama
The changes in Birmingham’s economic base over the years are interesting to say the least. While the production of steel and related industries anchored the
