Alabama Homeownership Rates Down Slightly in the Third Quarter
November 18, 2019
While homeownership rates nationwide were on the rise during the third quarter of 2019, they decreased slightly in Alabama during the same period.
Market Spotlight: Birmingham
November 8, 2019
Birmingham is Alabama’s fastest selling market thus far in 2019.
How Affordable is Housing in Alabama? (Q319)
November 7, 2019
The Alabama Statewide Housing Affordability Index (AHAI) decreased 0.75% 3Q19 to 199.5 when compared to Q2’s score of 201.0.
Listing Trends in Alabama’s Residential Markets
November 7, 2019
The statewide months of supply for September 2019 is 3.9 months, down 17% from one year ago.
Statewide Average Days on Market Reaches a Record Low in September 2019
November 5, 2019
Properties sold in September 2019 moved 8 days faster than one year ago, and the statewide year-to-date DOM average improved 10.8%, dropping from 103 days in 2018 to 92 in 2019. ...
Single Family Building Permits Increase 11% in September 2019
November 4, 2019
While Alabama’s permits are up 4.8% year-to-date (YTD), they are down 0.5% in the south region and down 3.4% nationwide, hinting that new construction markets in Alabama are going against regional ...
Top 5 Most Improved Markets (September 2019)
November 1, 2019
The Alabama Center for Real Estate created these rankings based on year-over-year (Y/Y) growth in total residential sales during September 2019.
Top 5 Markets for New Construction (September 2019)
October 31, 2019
The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during September 2019.