Following a year full of surprises, many organizations in the real estate industry expect a “return to normal” during 2021. In 2020, the historically busy
The housing sector has been quite resilient in an overall down economy, with low mortgage rates and a desire for more space leading to elevated
The COVID-19 pandemic, and resulting stay-at-home culture, have brought significant and broad impacts to residential markets in Alabama. Total residential sales are up from the
As measured by the Alabama Housing Affordability Index (AHAI), housing affordability in the state declined 5.3% quarter-over-quarter. Although median family incomes were on the rise in 7 of 12
With 10 of 13 markets reporting new construction sales data for June 2020, it appears likely that new home sales will surpass the 1,000 mark
The housing industry, like the technology industry and the NASDAQ stock index, appears to be one of those exceptions to the coronavirus where “Everything is Awesome”.
A recent weekly economic and housing market update from Realtor.com touched upon a few positives for the nation’s housing market. Pending home sales increased 44.3% month-over-month while mortgage applications
On June 25, 2020, the Counselors of Real Estate released its annual list of “Top Ten Issues Affecting Commercial Real Estate” during a webinar presented
While total residential sales in Alabama decreased 15% year-over-year in May, new home sales increased 7.2% Y/Y from 795 to 852 closed transactions. The median sales price
