Sales: According to the Baldwin Realtors, April residential sales decreased 22.8% year-over-year from 657 to 507 closed transactions. The declining sales activity does include condo sales, which
Danielle Hale, chief economist for Realtor.com, recently released a revised economic and housing forecast. Residential sales nationwide are expected to decline 15% in 2020 versus 2019. Larger
Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period March 1 – 31,
Sales: According to the Baldwin Realtors, February residential sales increased 13.3% year-over-year from 472 to 535 closed transactions. Total residential sales increased by 17.1% from January. Results
Based on recent permit trends, new construction activity in Alabama is likely to increase in 2020. Permits for new single family homes were up 7.9%
The Alabama Center for Real Estate created the following rankings based on year-over-year (Y/Y) growth in total residential sales during January 2020. Alabama: 23.2%United States: 11.6%Wiregrass Region: Total
The Alabama Center for Real Estate created the following rankings based on new construction as a percentage of total residential sales during January.1.
Residential markets across Alabama have plenty of momentum in 2020. Total residential sales passed the pre-recession peak in 2018, and 2019 was yet another record