
May 2019 Lake Martin Market Report
What happened to waterfront real estate sales and inventory on Lake Martin, Alabama in the month of May, 2019? Before I get going on that,
What happened to waterfront real estate sales and inventory on Lake Martin, Alabama in the month of May, 2019? Before I get going on that,
Properties are selling fast in the Birmingham metro area as June’s days on market (DOM) average was an impressive 30 days, the fastest ever month for sales
Are you a maximizer or a satisfier? These are new terms to me that attempt to describe how people make decisions. Satisficers are “those who
The greater Montgomery area is a region of economic diversity. In addition to the state capital and regional governments, the area is also home to
While permits for new single family housing units increased 6.5% nationally and 8.8% in the south region, they decreased in Alabama during May. Single family permits decreased 15.8% year-over-year (y/y)
Alabama’s residential market is substantially impacted by inventory, the amount of homes listed for sale at any given moment. Inventory* levels impact months of supply,
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during May. 1. Birmingham –
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 –
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