Housing Headlines

Alabama Residential Sales in June Up 17%; 92% of Local Markets Improve YTD from Last Year

07/24/2015

The Alabama Center for Real Estate (ACRE) reports that Alabama residential sales totaling 5,200 units in June reflect an increase of 17.5 percent growth from the same period a year earlier.

Realtor.com Debuts First-Time Buyer Videos

07/22/2015

In new campaign efforts to bring millennials into the homebuying pool, realtor.com® is launching a five-part online video series that gives first-time buyers a humorous look at the stages of the purchase cycle. The "webisodes" feature Emmy-nominated actress Elizabeth Banks and are dubbed “The Home-Buying Process in Plain English with Elizabeth Banks.”

Which Alabama Cities are Most Attractive to First-Time Home Buyers?

07/15/2015

NerdWallet found the most affordable city for first-time buyers is Greenville, which is located about 45 miles south of Montgomery. Second on the list is Bay Minette, followed by Opp, Moores Mill, Roanoke, Hamilton, Lincoln, Arab, Tuscumbia and Tillman's Corner.

Inaccurate Zillow 'Zestimates' a Source of Conflict over Home Prices

07/14/2015

Home shoppers, sellers and buyers routinely quote Zillow's automated property value estimates — known as Zestimates — to realty agents as gauges of market value. Are they accurate? Zillow CEO Spencer Rascoff says that nationwide Zestimates have a “median error rate” of about 8%.

Alabama Residential Sales in May up 10%; 88% of Local Markets Improve YTD from Last Year

06/23/2015

The Alabama Center for Real Estate (ACRE) releases the May residential sales report.

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