Booming Birmingham: Real Estate Trends

With the recent increases in new home construction throughout the Birmingham region, including Hoover, many homeowners are now able to find a home that fits within their means without sacrificing the features they desire.  Whether you are a new family just starting out or recent empty nesters, you’ll be able to find a new home that accommodates your lifestyle and exceeds your dreams in the Ross Bridge community.  Our newly built homes boast quality designs and expert craftsmanship, as well as an elegant community with resort-style amenities.

In September, Birmingham median home prices increased by 6% over the preceding year. Currently, the increase is projected at almost 8% for 2015, both of which are above the national average of 5.6%, according to the S&P/Case-Shiller index of property values.

Contributing to the popularity of this flourishing metropolis is a low cost of living index that is below the national average. This figure includes some of the lowest property tax rates in the United States. Forbes Magazine ranks Birmingham as the nation’s 12th most affordable city in which to live for 2014 and CNN Magazine ranks it as 10th in the U.S. for growth for the same time period. This booming metro area has also been named in the top ten for growth in industry as well as the health care sector. The many years spent revitalizing the downtown area have contributed to the business and industry growth; the downtown area is flourishing as well with new construction, both residential and commercial.

New home purchasers can be assured of the countless amenities when selecting their new single-family homes in Hoover, Alabama.  At Ross Bridge, amenities are located within the community, providing easy access to swimming pools, walking trails, playgrounds, The Marriott Renaissance Ross Bridge Golf Resort & Spa, and best of all, The Ross Bridge Golf Course, a stop on the Robert Trent Jones Golf Trail. With Birmingham’s average temperature in the mid 70’s, golfers can enjoy many beautiful days in which to pursue their sport.

Those wanting to experience the best of the southern lifestyle can do no better than to select one of the many new homes for sale in the Ross Bridge community. The moderate temperatures, the abundance of new homes from which to choose, and the wide variety of entertainment and shopping in nearby Birmingham makes this one of the premier destinations of the south.