November 30th, 2011
October proved to be another positive month in real estate as nationwide sales of new homes grew slightly. The Census Bureau reported that the annual sales rate of new homes is up 1.3% last month compared to September, and up almost 9% when compared to October 2010. The shrinking inventory of existing and foreclosed homes [...]
November 17th, 2011
A recent analysis of the U.S. Census Bureau data by The Business Journal has revealed Auburn as having the most brainpower in all of Alabama. The report, which looked at education levels of residents 25 and older, separated its categories based on city size. Auburn, which not only ranked at the top of the Alabama [...]
November 15th, 2011
Nationwide, home prices have had the fifth straight month of gains as reported by the S&P/Case Shiller index in October. The sales data for 20 major cities and metro markets was analyzed by the firm over the course of the previous 5 months, and each month had slight increases on the previous. The improving market [...]
November 7th, 2011
A report generated this week by the Alabama Center for Real Estate (ACRE) compared this year's residential sales (Jan-Sept) for all of Alabama's major markets to their sales during this same YTD period last year. Lee County showed some nice improvements in the last year, sales have climbed 14% to 911 through September. Sales through [...]