New home sales represent a significant portion of all residential sales nationwide, usually around 10-12%. The new construction industry is also a significant part of
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
Baldwin County just continues to grow. With an estimated 218,000 residents in 2018, its population has grown 19.6% since 2010 making it the fastest growing
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
