Huntsville among the best places for home ownership in the U.S.

Financial literacy and consumer advocacy site NerdWallet has ranked Huntsville and Birmingham-Hoover among some of the best places for homeownership in the U.S. NerdWallet, which studied 100 populous areas and categorized the winning metros by size, listed Huntsville as its No. 1 small metro and Birmingham-Hoover as its No. 9 large metro for homeownership, affordability and

Alabama Housing Affordability reaches record level

The affordability index associated with Alabama housing during the third quarter increased by 8.5 percent compared to the third quarter of 2011. Another record level for this period of the year  (see graph). According to ACRE’s quarterly report, the Alabama Statewide Housing Affordability Index for the third quarter of 2012 was computed at 240.5 eclipsing the prior record

Alabama Mid-Year Residential Report: YTD Sales up 10%

Alabama statewide residential sales during the 2nd quarter of 2012 were 9.7 percent higher than the same period in 2011. Year-to-date (YTD) through June, sales are up 10.0 percent from 2011. June residential sales in Alabama experienced a growth rate of 1.6 percent when compared to June 2011. June represents the twelfth consecutive month that Alabama home sales have improved