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Alabama's spring housing market continues monthly increases, high mortgage rates continue

The Alabama Association of REALTORS has released its monthly Alabama Economic and Real Estate Report. In positive news for the state's housing market, the organization reported that for the month of March a continued monthly increase of home sales within the state was observed.
United States Senia Johnson Jeremy Walker Alabama Association Alabama Economic Real Estate Report

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Realtors: State housing market mirrored nationwide trend of declining sales in '23

2023 was not a good year for the national housing market and Alabama was no exception. The Yellowhammer State, like much of the U.S. in 2023 experienced what the National Association of Realtors (NAR) has labeled as, "the weakest year for existing home sales since 1995 and the biggest annual decline since 2007."
United States Andrii Yalanskyi Alamy Senia Johnson Jeremy Walker National Association Of Realtors National Association

Alabama's home sales remain down in December, seasonal and economic factors to boost rebound

According to the Alabama Association of REALTORS, the Yellowhammer State's housing market in December saw home sales remain down. The organization did report, however, that a variety of approaching seasonal and economic changes suggest that sales are likely to pick up within the coming months.
United States Senia Johnson Jeremy Walker Alabama Association Of Realtors Alabama Association Alabama Realtors

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