Blog

Good News for Alabama Home Buyers

It’s an incredible time to be an Alabama homebuyer – especially in the Birmingham area, home to the Ross Bridge community! So far this year, we’ve seen nothing but wonderful news coming from the housing market.  And as the economy recovers, more and more people feel secure in their finances, and the housing market continues its rebound, we can’t wait to see what more noteworthy improvements will be made.

In the latest regional news, Birmingham residential sales are up yet again in May, continuing the upward patterns we’ve seen in 2014.  According to the Alabama Center for Real Estate (ACRE), home sales last month were up 9% over April numbers.   And as a testament to just how quickly homes are selling, the average ‘days on market’ is down almost 30% from April.

Year-over-year, Alabama as whole continues to show signs of growing stability.  Almost 25% of local markets are considered “near or in balance.”  Across the state, 52% of local markets have reported positive sales growth when compared to last May, and when taking into account the total year-to-date sales, this number jumps to 64%.

Not only are buying conditions excellent for purchasing a home, but the homes on the market also give homebuyers ample selection.  While overall supply continues to dip due to a higher demand, the quality and selection of homes you’ll find at Ross Bridge is extraordinary.

At Ross Bridge, we have various stunning home models currently on the market.  With a selection of floor plans and home designs, these new homes for sale offer something for every buyer.  Located in three distinct neighborhoods, Glasscott, Southampton, and Haddon, each home model has its own unique flair that perfectly complements the overall Ross Bridge community.

But homeowners can enjoy even more when they live in a new home at Ross Bridge.  The Ross Bridge Golf Course, a stop on the Robert Trent Jones Golf Trail, is an integral part of our community, providing families with a golf resort lifestyle like no other.  The Marriott Renaissance Ross Bridge Golf Resort & Spa, located in the heart of the community, as well as the various amenities throughout, also bring an unparalleled living experience to residents. With a spa, pools, parks and trails alongside the 3rd longest golf course in the world, you’ll never have a dull day at Ross Bridge!

The latest from the housing market continues to impress – and it’s good news indeed for homebuyers at Ross Bridge!

Sources: AL.com, Birmingham Business Journal