The Alabama Center for Real Estate created the following rankings based on new construction as a percentage of total residential sales during May. 1. Athens:
The Alabama Center for Real Estate created the following rankings based on year-over-year (y/y) growth in total residential sales during May. 1. Lake Martin Area 38.7% 2. Cullman
The Alabama Center for Real Estate created the following rankings based on median price appreciation in May 2019: 1. Montgomery Area – 21.0% 2. Cullman Area –
One of the more important drivers of demand for residential real estate is population size. The Birmingham metro area*, for example, is home to roughly
There are many takeaways from the graph above. First, we can easily see the consistently seasonal nature of residential real estate sales. Second, the effects
Lake Martin is still in the baby years of a new era. Wait a minute, you might think. Lake Martin? New? I thought that Martin
Alabama’s residential market is driven to a large degree by inventory, the amount of homes listed for sale at any given moment. Inventory* levels impact
Just when things were going so well the first four months of 2019, the Vroom economy has had to pull off the race track for
Real estate markets throughout Alabama had a strong first quarter in 2019. The Alabama Statewide Housing Affordability Index (AHAI) increased 5.27 percent to 197.1, when
Cherokee County: In the first quarter of 2019, total sales and median price in Cherokee County slowed down somewhat when compared to one year ago. However, properties
