Metro Birmingham home sales rise over January, fall from year ago | al.com


Thank you Dawn for the nice inclusion.

Metro Birmingham home sales rise over January, fall from year ago By Dawn Kent — The Birmingham News March 16, 2010, 6:15AM

February home sales in metro Birmingham inched up from January but fell from a year ago, as the local market’s start-and-stop recovery continues.

Home sales totaled 789 last month, up 11 percent from the month before, according to real estate expert Tom Brander’s monthly report. The sales total, however, represents a 16 percent drop from February 2009.

Meanwhile, the Birmingham Association of Realtors reported similar numbers. Last month’s home sales were 645, a 14 percent rise from January and an 11 percent fall from the year-ago period.

Brander, whose analysis covers a wider geographical area than the Realtors’ group, noted that February’s rise from January, which he had predicted, was “way less than expected.”

“Good news is coming, I hope!” he wrote. “March has for 10 years at least, been better than February, so the outlook for sales next month is better.”

via Metro Birmingham home sales rise over January, fall from year ago | al.com.

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