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Lake Martin area home sales rise in April

April residential sales (waterfront and non-waterfront) increased 69.23% year-over-year (Y/Y) from 52 to 88 closed transactions, marking ten consecutive months of Y/Y gains

Lake Martin area home sales rise in March

March residential sales (waterfront and non-waterfront) increased 35.5% year-over-year (Y/Y) from 62 to 84 closed transactions, marking nine consecutive months of Y/Y gains.

Lake Martin area home sales rise in February

February residential sales (waterfront and non-waterfront) increased 52.3% year-over-year (Y/Y) from 44 to 67 closed transactions, marking nine consecutive months of Y/Y gains.

2020 Was Great For Sales

Was 2020 a peak? Our market cannot sustain this torrid pace forever. We haven’t had a buyers’ market since 2008. 

November 2020 Residential Real Estate Webinar

Alabama Center for Real Estate Research Coordinator Stuart Norton shares data and insights on the Alabama residential real estate market for transactions closed in October 2020.

October 2020 Residential Real Estate Webinar

Alabama Center for Real Estate Data Analytics Coordinator Stuart Norton shares data and insights on the Alabama residential real estate market for transactions closed in September 2020.

Elementary Observations

One lesson that we all have learned from the coronavirus is that people love to quarantine at Lake Martin.

Home sales in the Lake Martin area rise in July

Total homes listed for sale in July declined 34.7% year-over-year from 568 to 371 listings. Months of supply decreased from 6.2 to 3.2, reflecting a market where sellers generally have elevated ...

What are your Non-Negotiables?

I ask my buyers to try to fill in the blanks on sentences like, “If nothing else, when I am at my lake house I want to be able to : ...

Passing the Rabbit

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 ...

Confirmation Bias and Live Bait

The real challenge in this, I think, is, as decision makers, is the degree to which we can admit our own bias and be be agreeable to it.

Top 5 Most Improved Markets

The Alabama Center for Real Estate created these rankings based on year-over-year growth in total residential sales during April 2019.

Top 5 Most Improved Markets

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

Tips for Sellers

There are two sides to every real estate transaction, obviously. So what about the sellers?

ADDITIONAL CONTRIBUTION BY CHRISTIAN SCHOERNER

What Is the Best Month to Sell a House?

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

Top 5 Most Improved Markets

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

Price-to-Rent Ratio

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.

additional contribution by Christian Schoerner

Five Alabama Markets to Watch in 2019

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 ...

Overcoming Self Doubt

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!

Logistics Infrastructure Unprepared for E-Commerce

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

How Affordable is Housing in Alabama?

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.

Your Seawall is Alive

John seeks out an alleged insentient thing that lives around Lake Martin to have a conversation.

Alabama’s Fastest Selling Markets

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

Jim Lawrence to Moderate Panel at ACREres 2019

Renowned and beloved real estate educator Jim Lawrence will lead the RRC panel at ACREres, the Alabama Center for Real Estate’s third annual residential real estate conference and expo on February ...

Giving Thanks for 2018

This past year at Lake Martin, and the real estate market specifically, has been one of many blessings.

Alabama’s Fastest Selling Markets

The Alabama Center for Real Estate created these rankings based on average days on market (DOM) for closed transactions during November 2018.

ACREres 2019: Leading EDGE

The third annual ACREres residential conference and expo will be held on Thursday, February 7, 2019, at The Club in Birmingham.

Rivalry, Righteousness, and Rookies

Before dispensing “wisdom” to another person, the wise person will look in the mirror and tell the person in it to listen up.

Top 5 Metro Areas for Year-To-Date Building Permits

Single-family building permits for new construction in the United States, the Southern region, and statewide in Alabama all increased in October of 2018 compared to last month and last year. ...

Battle of the Liens – Lender vs. Builder!

The Alabama Supreme Court recently reached a controversial decision on whose lien takes priority – the Lender's mortgage or a builder's materialman lien –when a builder is not paid for his ...

Rook, Rain, and Russell Pool

Can I appeal to you to remember that there are many positives of a more modern lake? When businesses can sustain themselves, all reap the benefits of their services. 

8 Track, Cassette, or CD?

Thirty years of progress in fields like selfie stick invention and emoji curation have been wonderful for humankind, but it has not improved on the fact that real estate schools still ...

Top 5 Most Improved Markets in August

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

Parker Creek Priorities

Occasionally, current and former clients and readers ask my advice on remodeling their lake homes. Here is a recent conversation with a Lake Martin homeowner.

Developers Face Additional Hurdle In Exercising Property Rights

Graffiti As Urban Blight Or Protected Street Art?

Moving forward, an issue for developers to consider will include what precautions must be taken if the project involves removing graffiti art.

Report from the Emerging Business and Technology Forum

Robots and New Realities

The Emerging Business and Technology Forum (EBITS) was held during the REALTORS® Legislative Meetings & Trade Expo on May 17, 2018, at the Omni Shoreham in Washington, DC.

KC Conway and Stuart Norton to Speak at ACREres

Alabama Center for Real Estate’s director of research and corporate engagement, KC Conway, and research coordinator, Stuart Norton, will detail the current state of Alabama’s residential real estate climate and the ...

Dr. Alexa Chilcutt to Speak at ACREres

Methods of business communication have changed and continue to change at a rapid pace, but the ways in which we build trust, rapport, and our own credibility in the marketplace are ...

Dana Duckworth to Speak at ACREres

University of Alabama’s head gymnastics coach, Dana Duckworth will deliver the lunch keynote at ACREres, the Alabama Center for Real Estate’s second annual residential real estate conference and expo on May ...

Jessica Lautz to Speak at ACREres

Lautz will explore the make-up of first-time home buyers, the driving forces in home-ownership, and how Realtors can reach and attract future buyers and sellers.

David Skinner to Speak at ACREcom

David Skinner of David Skinner Attorney at Law will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo on February 9, 2018, ...

Full Pool Harvest?

 January is a great time for reflecting on the past year and planning for the future.

Stephen McNair to Speak at ACREcom 2018

Stephen McNair, owner and senior consultant of McNair Historic Tax Preservation Incorporated, will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo ...

Christopher Lee to Speak at ACREcom

Christopher Lee, president and CEO of CEL Associates, will be speaking at ACREcom 2018, Alabama Center for Real Estate’s eighteenth annual commercial real estate conference and expo on February 9, 2018 ...

Kathy Deck to Speak at ACREcom 2018

Kathy Deck, Director of Community and Economic Partnerships for Culverhouse College of Commerce at the University of Alabama, will be speaking at ACREcom, the Alabama Center for Real Estate’s eighteenth annual ...

Jim Newsome to Speak at ACREcom 2018

Jim Newsome, President and CEO of the South Carolina Ports Authority, headquartered in Charleston, South Carolina, will be speaking at ACREcom on February 9, 2018 at The Club in Birmingham.

KC Conway to Speak at ACREcom 2018

KC Conway will identify economic disruptors and communicate innovative solutions to mitigate risk and maximize opportunity at ACRE’s eighteenth annual commercial real estate expo on February 9, 2018 at The Club ...

Onus or Bonus?

 We have at least two common goals, time and money, on which to judge the efficacy of real estate agent bonuses. 

Striving for Below Average

  What do you think is the line in the sand that separates the luxury from the ultra-luxury?

Extend Your Stay

Fall extension could give the Lake Martin area a great economic boost