Yearly Archives: 2012

Looking Back on 2012 & Looking Forward to 2013

With 2013 right around the corner, many housing industry experts have looked back over 2012, and for the most part have been encouraged by what they have seen.  Although the housing market as a whole has not been completely free from challenges, the year of 2012 has presented industry professionals and new home buyers with […]

J.P. Morgan Predicts 9.7% Home Price Jump in 2013

Recent data has shown that home prices are increasing and according to the latest reports, they are expected to keep ascending into 2013.  There are many industry experts who attribute certain factors, such as a rising demand for new homes for sale, dwindling inventory levels, and an increase in home sales, to be the  contributors […]

November Home Sales Increase By 6% In Birmingham

As with many other metro housing markets across the country, a higher demand for new homes for sale and rising home prices have continued to push home sales higher in the Birmingham metro area.  Inventory levels have been lowered as an increasing number of new home buyers have chosen to purchase into a new home […]

Reasons To Consider Buying New Homes For Sale In Ross Bridge

So many new home buyers have decided to purchase new homes for sale in Birmingham’s hottest selling new golf home community of Ross Bridge.  This award-winning community provides potential buyers with the opportunity to be a part of something grand.  With its “front porch-friendly” types of neighborhoods, great combination of home styles, prices, world-class amenities […]

Birmingham Housing Market Stats for October 2012

October homes sales were up a healthy 19% from October 2011, and according to real estate expert, Tom Brander, the total 12-month moving average line for dollar sales continues to be pointed upward.  October also showed a 15% decrease in housing inventory levels compared to last year, putting total inventories in October below the 10,000 […]

Birmingham New Home Sales Up From 2011

According to the Alabama Center for Real Estate (ACRE),  year-to-date (YTD) through the month of September, new home sales in Alabama showed a 4.5% increase from 2011.  New home sales in Alabama’s five metro markets represented nearly 70% of all statewide transactions, and among those metro markets, 60% of them experienced YTD gains in new home sales compared […]

Birmingham Housing Market Trends for September 2012

According to Tom Brander, a Birmingham area real estate analyst, the Birmingham area is still showing signs of a housing recovery:  a bottoming out of prices and improving values, as well as declining inventories, he said. Inventory levels were down 16% in September,  totaling at 9,753 compared to 11,624 from September 2011.  It is an […]

Top 5 Fun & Festive Fall Events in Alabama for 2012

With fall festivities now in full swing and the comfortable autumn weather, this is a great time of year for prospective home buyers who are looking at new homes for sale in Alabama golf communities, to check out some of the seasonal events that the great state of Alabama has to offer.  The following shows […]

Fixed-Rate Mortgages Reach New Lows For 2nd Week In A Row

According to the National Association of Realtors, fixed-rate mortgages hit new all-time lows last week for the second week in a row, as reported by Freddie Mac in its weekly mortgage market survey.  This drop in rates has been mostly attributed to the recent decision made by the Federal Reserve to buy up $40 billion of mortgage-backed […]

Take Advantage of Local Events & Activities This Fall

Birmingham is beautiful in the fall, and what better way to enjoy it then to gather up the family and attend a local fall festival!  Whether already a Birmingham resident living in a new home community, or a prospective home buyer looking at new homes for sale in the Birmingham area, the city and its surrounding areas […]