Sales: According to ValleyMLS.com, May home sales in the Huntsville area decreased 5.6% year-over-year from 762 to 719 closed transactions. Following seasonal trends, sales increased 6.8% from
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 ValleyMLS.com, April home sales in the Huntsville area decreased 3.1% year-over-year from 688 to 667 closed transactions. Following seasonal trends, sales increased 0.6% from
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,
Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period February 1 – 29,
Coronavirus (COVID-19) has obviously created unprecedented circumstances within our world and economy. More than anything else, this new disease has introduced uncertainty for many businesses,
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 new construction as a percentage of total residential sales during January.1.
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during January. Birmingham: 41 days
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
