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). HHA, a foreclosure
With 11 of 13 markets reporting new construction sales data from May, it is likely that total new home sales will increase around 1-2% from one year
The impact thus far of COVID-19 to residential real estate has been significant. Residential sales activity slowed in Alabama and in the United States during
Note: This article provides a preview of closed sales activity during May, which provides limited insight regarding the impact of the pandemic to residential sales
According to George Raitu, senior economist with Realtor.com, economic headlines for the week ending May 29, 2020, were somewhat mixed. While GDP was revised downward for
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
Economic data from April showed a quick decline in overall business activity across the nation. Approximately 20.5 million jobs were lost during the month, manufacturing
The plethora of “worst-ever” economic reports during this COVID-19 outbreak has overshadowed some Look Up & Forward economic news for the Alabama economy. And this
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
While valuation uncertainty rises during peaks and troughs to market cycles, lenders and investors still struggle to define the new normal and where (market, property
