Stuart Norton
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), ...
Alabama new home sales may eclipse all-time high in June 2020
July 23, 2020
With 10 of 13 markets reporting new construction sales data for June, it appears likely that new home sales will surpass the 1,000 mark for the first time, according to ACRE's ...
Residential markets in twelve of the 50 largest US metros show signs of recovery
July 10, 2020
Twelve of the fifty largest metropolitan areas in the United States have reached the January recovery baseline according to the Realtor.com
May new home sales in Alabama increase 7.2% from one year ago
June 29, 2020
New home sales represented 15.7% of all residential sales in May, up from 12.4% one year ago.
May new construction sales likely to increase from one year ago
June 18, 2020
New construction sales increased in seven of the 11 markets reporting closed sales activity for May.
Adults living with a parent or grandparent hits an all-time high
June 12, 2020
According to recent data from the U.S Census Bureau, the number of adults living with a parent or grandparent hit 32 million in April, a record high.
A preview of May 2020 sales activity in select Alabama markets
June 9, 2020
This article provides a preview of closed sales activity during May 2020, which provides limited insight regarding the impact of the pandemic to residential sales activity.
A summary of residential market indicators for the week ending May 29, 2020
June 2, 2020
Residential markets nationwide and in Alabama faced inventory shortages for several years before the pandemic, and one of the more notable outcomes thus far is the effect on residential listings. ...
