Birmingham-area home sales off sharply for October -Birmingham News


I was pleased to provide data and commentary for the Birmingham News today. I wish the data was better, I hate reporting dismal numbers.

Tuesday, November 18, 2008

MICHAEL TOMBERLIN

News staff writer

A plunging stock market and waning consumer confidence dragged Birmingham-area home sales down in October, a real estate expert says.

Tom Brander, who compiles a monthly statistical report on Birmingham residential real estate, noted in his blog that the value of area homes sold last month dropped by more than a third. He said the figure was surprising and the steepest his data has shown since he began tracking sales in 1999.

via Birmingham-area home sales off sharply for October – al.com

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