We spent some time assisting Crystal Jarvis with background information for this article. We believe the market is distressed in this area but so are many of our other areas. Crystal dug out some unique facts and the GMAC data on foreclosures on the front page really does drive the point home. Crystal did a huge amount of work on this piece stretching out over two months. We were pleased to help.
Housing crisis hastens decline of metro’s working class areas
Birmingham Business Journal – by Crystal Jarvis Staff
In this report, the Birmingham Business Journal takes an in-depth look at the 35215 ZIP code, an area that includes Center Point, Grayson Valley, Roebuck and some smaller communities. It’s tucked away in the northeast corner of Birmingham; parts of it are in the city, parts of it are not. If the ZIP code had a capital city, it would be Center Point. The small city of about 15,000 people is representative of the entire area.
Our data is cited on page two of the article.
A total of 905 homes are currently on the market in the 35215 ZIP code, according to the Rudulph/Brander Real Estate Statistical Reports.