Home sales down but second best year ever, Birmingham Realtors say- al.com
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Home sales down but second best year ever, Birmingham Realtors say- al.com
A separate study, the Rudulph-Brander Monthly Birmingham Area Real Estate Report, had similar findings. The report highlighted weakness in new home sales, which declined to 386 last month from 588 in December 2006, a drop of 34 percent. December’s total new home sales, though, topped November’s.
Overall, the value of new homes sold in the Birmingham area last year totaled $1.3 billion, the third-best annual figure, behind 2006’s $1.5 billion, and 2005’s $1.36 billion, said Tom Brander, author of the report.
A positive trend cited by Brander is a continued decline in the number of area homes listed for sale. There were 12,379 active listings in December, down from 14,247 a month earlier.
The above was cited in the recent Birmingham News Article by Roy Williams, Thursday, January 24, 2008
Fabulous quotes! Good information for making future decisions.
Tom,
The information from the Birmingham Area real estate report is insightful, thorough, and provided a clear picture of trends. I would recommned your report/services to any individual or group seeking information on Birmingham real estate market trends, from broad brush to specifics.