Income growth struggles to keep pace with rising home prices
July 7, 2021
The prices of homes in the US have been increasing at great rates, currently at the “fastest rate on record.” While it is concerning for the average homebuyer that prices are ...
Housing affordability declines in the third quarter of 2020
November 3, 2020
Significant gains in median sales price were offset somewhat by falling mortgage rates.
Housing affordability decreases from Q1 2020
August 11, 2020
Although median family incomes were on the rise in 7 of 12 metro areas, and rates on a 30-year fixed mortgage are nearing historic lows (composite rate of 3.23% in Q2 2020), ...
Translating it to Alabama
The Counselors of Real Estate release "2020-21 Top Ten Issues Affecting Real Estate"
June 30, 2020
The list is comprised from an annual study conducted among the Counselors’ members and is intended to bring attention to the trends and burgeoning issues most impacting the commercial real estate ...
Hardest Hit Alabama Reopens to Help Families Affected by COVID‐19
June 22, 2020
The Alabama Housing Finance Authority (AHFA) has taken action to help Alabama families affected by the COVID‐19 pandemic by reopening Hardest Hit Alabama (HHA).
Alabama Housing Affordability Increases Slightly in Fourth Quarter
January 28, 2020
Falling interest rates helped offset rising home prices, leading to a slight gain in home affordability from one year ago.
Alabama In the Middle of the Pack Among the Best States For the Middle Class
December 2, 2019
Alabama tied with Florida for 29th in a recent study by Smart Asset ranking the best states for the middle class in America.
How Affordable is Housing in Alabama?
June 5, 2019
Real estate markets throughout Alabama had a strong first quarter in 2019.