Alabama Center for Real Estate

Although total residential sales dropped 15% in February, they are up 0.8% on the year. 

New construction represented 15.9% of all residential sales statewide during January 2020. 

The Birmingham area was Alabama's fastest selling market in January with a DOM average of 41 days. 

Total residential sales in the area are up almost 20% year-to-date. 

Baldwin County has the fastest growing population in Alabama and is one of the 15 fastest growing metro areas in the United States. 

After a strong year in 2019, single family building permits post another year-over-year gain in January 2020. 

Total condominium sales in the area are up 33% year-to-date. 

Condos sold in January were on the market for an average of 108 days. 

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during July.

Area home sales are up 10.1% year-to-date, but are likely to moderate in the months ahead. 

The Birmingham area was Alabama's fastest selling market in December with a DOM average of 38 days. 

Moman will discuss how to break through the noise and leverage LinkedIn for businesses and careers by building a compelling organic presence on the digital platform.

Area home sales increased 22% year-over-year during February 2020. 

Statewide residential sales were up 23% year-over-year in January 2020 and 21 of 24 markets posted sales gains from one year ago. 

January sales were 25.2% above the 5-year average. 

A fourth quarter 2019 overview of residential market trends in Cherokee, Covington, Jackson, Monroe, and Talladega Counties.  

A 3Q19 review of Alabama's small residential markets.

A 2Q19 review of Alabama's small residential markets.

A 1Q19 review of Alabama's small residential markets.

Although Alabamians pay their property taxes in October, taxes are on everyone’s mind as federal and state income tax returns are due in April.

Alabama was not immune to the permit slowdowns seen nationally and within the south region.

February residential sales increased 16.9% year-over-year from 65 to 76 closed transactions. 

Twenty of the state's 24 markets experienced year-over-year price gains in January. 

January residential sales increased 97.1% from one year ago. 

Inventory in the area remained tight in February as total listings declined 14.8% year-over-year. 

Properties sold in the Dothan area during January averaged 149 days on market. 

Since 2010, statewide months of supply has slowly dwindled to 4.0 months, and in that same time period median sales price has increased an average of 2% per year. 

Area sales are off to a fast start (up 35.3% YTD) but are likely to moderate amid growing uncertainty surrounding the impact of COVID-19. 

January residential sales in the Gadsden area increased 23.9% from one year ago. 

Falling interest rates helped offset rising home prices, leading to a slight gain in home affordability from one year ago. 

While office tenants are generally able to operate from home, this has added plenty of strain for many operations that are not adjusted to a work-from-home model and have critical business ...

Sales are up 14% year-to-date, but likely to moderate due the containment efforts surrounding COVID-19. 

Statewide residential sales are expected to rise 1.9% in 2020. 

The Alabama Center for Real Estate addressed this question by analyzing closed transactions from the state’s metro areas in 2018.

The Alabama Center for Real Estate created these rankings based on median price appreciation in February.

The Alabama Center for Real Estate created these rankings based on year-over-year (YoY) growth in total residential sales during February.

Residential sales in the area are up 11% year-to-date, but the impact of COVID-19 on home sales is still to be determined.  

Inventory in the area remained tight as residential listings declined 8.8% from January 2019.  

Looking back, it now seems that 2018 was just serving as a rabbit for 2019. Last year was loping along, minding its own business, when May 2019 decided to get serious ...

The Alabama Center for Real Estate has created these rankings based on median price appreciation in August 2019.

Sales are up 18% on the year but are likely to moderate amid the COVID-19 pandemic. 

Homes sold in January spent an average of 74 days on market, 15 days faster than one year ago. 

The Alabama Center for Real Estate created these rankings based on year-over-year (Y/Y) growth in total residential sales during October.

The Alabama Statewide Housing Affordability Index (AHAI) decreased 0.75% 3Q19 to 199.5 when compared to Q2’s score of 201.0.

The Alabama Center for Real Estate created these rankings based on year-over-year (Y/Y) growth in total residential sales during September 2019.

According to the Alabama Housing Affordability Index for the 2Q19, there were five metro areas identified as cities where the average Alabamian making roughly $65,000 a year can afford to own a ...

Homes sold in February averaged 75 days on market, up from 70 one year ago. 

The 2019 residential sales forecast was accurate to within 6.5% of actual sales statewide. 

The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during October 2019.

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during February.

One crucial metric can be used as a tell-all on whether or not the market is strong for income-producing residential properties - Price-to-Rent ratio.

While it will be intriguing to see how statewide real estate performs in 2019, there are five local markets we are keeping our eye on: Phenix City, Mobile, Huntsville, Athens, and ...

In a continuation of existing trends, homes listed for sale in the area declined 12% from February 2019. 

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during August 2019.

The Alabama Center for Real Estate created these rankings based on median price appreciation in July 2019.

Properties listed for sale in the area remained tight in February, decreasing 32% from one year ago. 

While closed transactions in the Decatur area fell 3.9% year-over-year, the median sales price was up 3.7%. 

The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during November 2019.

A review of economic data featuring ISM manufacturing data, ADP Private Payrolls data with another record Jobless Claims report double that of last week’s record, and March’s auto sales. 

For most commercial tenants, having the federal government pay the rent is a better option than asking landlord to delay the rent.

A recap of Alabama’s residential markets in the lead-up to the Great Recession (2001-2007) and the six years leading up to the COVID-19 pandemic.

A prolonged slowdown in new construction activity at the nationwide level could be interpreted as a warning sign for Alabama’s new construction market, although the downturn would not hit Alabama until ...

The Alabama Center for Real Estate created these rankings based on total single family building permits in 2018.

There are two ways to address the Tenant Improvement Allowance, a very important component of your office lease.

While sales were strong, inventory remained tight as residential listings declined 23% from January 2019. 

The Alabama Center for Real Estate created these rankings based on year-over-year (Y/Y) growth in total residential sales during August.

The Alabama Center for Real Estate created the following rankings based on year-over-year (Y/Y) growth in total residential sales during June 2019.

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during January.

The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during January 2019.

Sales are up almost 9 percent on the year, but are likely to moderate in the months ahead due to COVID-19. 

The area's inventory remained tight in January as total listings declined 12.2% from one year ago. 

Self-doubt is one of the most difficult hurdles to overcome. It can become a persistent, powerful voice that holds us back from stepping out and daring boldly!

Based on large year-over-year permit gains in January and February, housing starts are off to a fast start, yet uncertainty surrounding the COVID-19 pandemic clouds the forecast somewhat.

Congress took historic action Wednesday by passing $2 trillion in virus relief while initial jobless claims reached a seasonally adjusted rate of 3.28 million for the week ending March 21, 2020. ...

K.C. Conway discusses the pros, cons, and considerations for industry professionals regarding the Federal Reserve's recent interventions to stimulate the economy, the FDIC's loan modification guidance to banks, the new loan ...

The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during April 2019.

“Logistics Infrastructure: Transformational Opportunities” highlights the importance and impact of logistics infrastructure on the “why” and “where” decisions for commercial real estate.

The Alabama Housing Affordability Index (AHAI) for the fourth quarter of 2018 increased 1.88 percent from the third quarter score of 183.8 to 187.3.

Residential sales are up almost 40% on the year, but the impact of COVID-19 on future sales remains uncertain. 

Properties are selling fast in the Tuscaloosa area thus far in 2019. With an average of 56 days on market YTD, the area is the fourth fastest selling market in the ...

The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during August 2019.

A 4Q18 review of Alabama's small residential markets.

Amanda Stinton, director of leadership & sustainability for the National Association of REALTORS® (NAR), will present at the third annual Alabama Residential Real Estate Conference and Expo on February 7 at The ...

Alex Flachsbart, founder of Opportunity Alabama, will present during the afternoon session at the 19th Annual Alabama Commercial Real Estate Conference & Expo (ACREcom) on Friday February 8, 2019, at The ...

Homes sold in January averaged 84 days on the market, down from 124 days one year ago. 

The Alabama Center for Real Estate created thse rankings based on year-over-year (y/y) growth in total residential sales during May 2019.

The Alabama Center for Real Estate created these rankings based on median price appreciation in April 2019.