Birmingham area home sales tick upward in March but remain in distress, expert says


We were pleased to provide the data for the Birmingham News

Posted by Birmingham News business staff April 15, 2009 8:46 AM

Birmingham area home sales managed a slight increase in March from the month before but remain weak, a real estate expert says.

Tom Brander, which tracks home sales trends in a blog, says there were 995 residential real estate transactions last month, up nearly 9 percent from February. That figure, however, is down 29 percent from March 2008. On a dollar basis, it was the lowest March since 1999, Brander notes. Read his blog entry.

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