The Alabama Center for Real Estate reports that Alabama new home sales in July increased 2.1 percent from the prior month but slipped 9.5 percent from the same period a year earlier.
Are you a first-time homebuyer? RealtyTimes offers tips to help you prepare for your home purchase.
The Alabama Center for Real Estate's Alabama residential sales report shows growth of 2.1 percent for July, compared to last year. July sales are now up 51 percent from its July bottom in 2010.
A survey by the Federal Reserve Board said five years after the onset of the Great Recession, 40 percent of U.S. households still report that they face “financial stress.”
A big question at the beginning of the year was whether this would finally be the year housing contributed in a big way to economic growth. The answer so far: Nope.