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Demand remains strong in Alabama’s housing market

June home sales in the state increased 14.4% year-over-year (Y/Y) from 7,198 to 8,234 closed transactions, marking 13 consecutive months of Y/Y gains and the highest monthly sales total in the ...

Alabama’s new home sales up slightly in May

According to the Alabama Realtors, May new home sales in the state increased 1.1% year-over-year (Y/Y) from 852 to 861 closed transactions, marking 23 consecutive months of Y/Y gains.

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.

Housing affordability decreases from Q1 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), ...

Looking Up & Forward

World Police & Fire Games 2025 in Birmingham

The plethora of “worst-ever” economic reports during this COVID-19 outbreak has overshadowed some Look Up & Forward economic news for the Alabama economy.  

Auto manufacturers restart their engines

As Alabama and other states reopen their economies in a measured fashion to balance the public health risks with the fiscal risks, a key industry sector to monitor is automobile sales ...

Pandemic Insurance

Pandemic insurance has become more top-of-mind as states begin to reopen and assess the damage to businesses and commercial real estate.

While we shelter in place, who's still working?

A disproportionate amount of COVID-19 coverage globally has been – and continues to be – dedicated to “what’s not working.” This article’s focus is pivoting to “who’s still working.”

real estate matters podcast

COVID-19's Impact on Student Housing

There was some concern at the beginning of the pandemic that student housing could be the first domino to fall, given the swift closure of colleges across the nation.

Five pieces to the appraisal puzzle during COVID-19

Although the guidelines that U.S. financial institutions must adhere to for “Federally Related Transactions” are now a decade old, they are still the road map for appraisers when performing an appraisal ...

The Paycheck Protection Program

If your company is facing outstanding expenses as a result of COVID-19, assistance is available through the Payroll Protection Program (the “PPP”) recently passed by Congress and signed into law by President ...

CCIM webinar

Coronavirus and CRE: Government Finance Interventions

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 ...

CCIM WEBINAR

The Impact of Coronavirus on the Industry

K.C. Conway shares helpful insights and tips for commercial real estate professionals to navigate the ever-changing environment as a result of the coronavirus pandemic.

Nation waits on Congress

Fed and other agencies step up

The Federal Reserve along with many other government agencies, housing authorities, industry associations, corporations, and small businesses are literally throwing everything they have to prevent a depression. 

Fast and Furious

The big takeaway from this week is that unimaginable stimulus is coming in probably 2-3 waves that is going to target workers first, cities and states second to shore up unemployment ...

CCIM Institute Commercial Investment Real Estate Podcast

Coronavirus and Its Impact on Commercial Real Estate

K.C. Conway discusses the pandemic, how CRE practitioners can weather the storm, and how to future-proof new investments on the CCIM Institute Commercial Investment Real Estate podcast

Market Spotlight: Tuscaloosa

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 ...

ACREcom20: Building the Future

Join ACRE at the 20th Annual Alabama Commercial Real Estate conference at The Club in Birmingham on Friday, February 7.

ALAres 2020: Agents of Change

Join ACRE & BAR at the 4th Annual Alabama Residential Real Estate conference at The Club in Birmingham on Thursday, February 6.

Ask the Experts: Construction in Alabama

Frank Anderson, business and development manager, at Brasfield & Gorrie, LLC provides some of his expertise on what issues the Alabama construction industry is facing and how Brasfield & Gorrie is ...

Clayton McKinnon, Hoar Construction

Ask the Experts: Construction in Alabama

Clayton McKinnon, director of business development - commercial, at Hoar Construction provides some of his expertise on what issues the Alabama construction industry is facing and how Hoar is keeping up ...

Market Snapshot Panel at NALCOM CRE Forum

A panel of market leaders focusing on the impact of local organizations on the Huntsville community will present at the 2019 NALCOM Commerical Real Estate Forum on October 23, 2019, in ...

CCIM 3Q19 CRE Insights Paper

Changes in Store: 5 Predictions for the eVolution in Retail

This 3Q19 CRE report details five predictions for the future of retail real estate that debunk several primary myths behind the glut of bankruptcies and store closings in the past decade.  ...

Market Spotlight: Dothan

For this month’s market spotlight we are heading to a region that accounts for approximately one-fourth of the nation’s peanut crop, Southeast Alabama.

Single Family Building Permits Increase 8% in July

While Alabama’s permits are up 3.7% year-to-date (YTD), permits are down 3.3% in the south region and down 5.5% nationwide, hinting that new construction markets in Alabama are going against regional ...

Industrial Real Estate Forecast

Industrial continues to be the darling of the commercial real estate industry, but what impact could tariffs, new supply, and our economic cycle have on the sector?

Inventory Trends in Alabama’s Residential Markets

Alabama’s residential market today is quite different from that during the Great Recession, mostly because inventory levels have been tight for several years now, while total sales are at record levels. ...

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 May.

Top 5 Markets for New Construction

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

June Jobs Perspectives

Just when things were going so well the first four months of 2019, the Vroom economy has had to pull off the race track for a refueling pit stop. 

New Construction Permits Up Again in April

While permits for new single family housing units declined 4.3 percent nationwide and 5.8 percent in the south region, they increased in Alabama during April.

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 Markets for New Construction

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

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 April 2019.

The Impact of Baby Boomers on the Housing Market

The approaching increase in the older American population calls for swift action to produce affordable housing, enhance accessibility and aging in place tactics, and form a variety of housing selections. ...

New Construction Permits Rebound in March

While permits for new single family housing units declined 9 percent nationwide and 2.8 percent in the south region, they increased in Alabama during March 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.

Top 5 Markets for New Construction

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

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.

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 ...

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.

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 ...

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.

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, ...

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 ...

Raise the Roof for Sonya

Graduate students from the marketing program in the University of Alabama’s Culverhouse College of Commerce and the Habitat for Humanity UA Campus Chapter aim to raise $100,000.