Tag Archive for: Alabama Association of Realtors

Real Estate Update: Recent report shows seasonal slowdown

The Alabama Association of Realtors released its October 2024 Alabama Economic and Real Estate Report.  The report indicated a slowdown in real estate sales across the state, which the report attributed to a combination of high interest rates, which spiked up to 6.72% by late October, and seasonal slowdown typical for fall.  Alabama recorded 4,880 […]

September real estate monthly report shows inventory gains across Alabama

The Alabama Association of Realtors (AAR) has released its monthly economic report for the month of September, 2024.  The report showed that Alabama has a 4.6 months’ supply of housing inventory. This marks a year-over-year increase of 1.3 months’ supply, and is the highest level in more than five years.  According to the Huntsville Area […]

Alabama real estate market sees cooling trend as mortgage rates drop, report shows

The Alabama Association of Realtors has released their Alabama Economic and Real eState Report for the month of September 2024.  The report summarizes the state of the Alabama real estate market -the average of the entire state, not merely our own Huntsville/Madison County market – as ‘cooling, but robust.’  “As the traditional summer home-buying season […]

Alabama monthly Real Estate Report indicates brisk activity

The Alabama Association of Realtors (AAR) has released its Alabama Economic and Real Estate Report for June of 2024.  The report shows several indicators that the real estate market across the state is maintaining a strong and healthy level of activity.  “The latest data underscores a positive trend in our housing market, driven by economic […]

Association of Realtors economic report shows fourth month of consecutive growth

The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024.  The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]

Real Estate Update: Alabama housing market primed for Spring sales

The Alabama Association of Realtors (AAR) released its Economic and Real Estate Report for February of 2024.  Home sales across the state numbered 4,710 for the month of February. This not only marks a 0.5% increase from January, but it also bucks the historical trend of housing sales lagging in February. An increase in sales […]

Rate cuts likely delayed as economy hotter than projected

The Consumer Price Index, tracking the economy during the first month of 2024, suggests that the Federal Reserve will be unlikely to cut interest rates until late spring at the earliest.  Data for January showed that the annual inflation rate registered at 3.1%. While this is a noticeable decrease from the 3.4% of December, economists […]

Liz Power, Power Homes Team at Century 21 Prestige. Top 40 Under 40

Liz Power has been a leader and mentor in real estate for years. Building and maintaining a successful real estate career since 2009, Liz Power set her real estate team apart by providing practical coaching and training. Liz believes in giving back to her community, and is a champion for private property rights. She has […]