ACRE Research: Alabama’s “Week In Real Estate (WiRE ending 10/24)”

Click here to read this week’s edition of ACRE’s Week in Real Estate.

Welcome to ACRE’s weekly digital publication – the WIRE. WIRE is the acronym for “Week In Real Estate“. Delivered weekly, on Saturday mornings, the WiRE is categorized geographically and is designed to help real estate professionals, affiliates and consumers follow all the major news stories that impact real estate in Alabama. We hope this will be a convenient way to catch up on anything you may have missed during the week without interrupting your workday. The WiRE is brought to you compliments of the ACRE Corporate Cabinet.

Corporate Cabinet News

BL Harbert builds aviation manufacturing facility in North Carolina

Decosimo and Bradley Arant Boult Cummings Host Merger & Acquisitions Seminar in Huntsville Nov. 18

Birmingham contractor, Brasfield & Gorrie, starts clinic expansion in Mississippi

Statewide and Nationwide

ACRE Report:Alabama residential sales in September increase 11%; 76% of local markets experience YOY sales gain

Apartments pushed up US homebuilding in September

Rates plunge amid market turmoil: Should you refinance your mortgage?

Alabama residents paying less than national average for mortgages

Construction labor shortage more severe in Southeast

Potlatch signs purchase agreement for 201,000 acres of Alabama & Mississippi timberlands

North Alabama – Huntsville, Florence, Gadsden, Muscle Shoals, Cullman

Intergraph to unveil new $58 million, five-story Madison headquarters Monday

North Alabama MLS and Move, Inc. Reconnect with Direct Data License Agreement for realtor.com

Taxpayer suit aims to block city land deals for Cabela’s Huntsville site

UAH offering Huntsville $900,000 for 10-acre city park bordering campus

North Central – Birmingham, Anniston, Bessemer, Pell City, Sylacauga

Redeveloped Village Place to offer custom, energy efficient homes

Pelham’s Belle Vista residents marching to City Hall today to protest planned closure

Report: Rents in Birmingham going up; new apartment projects charging record amounts per square foot

New Liberty Park neighborhood to include 52 new homes

Birmingham warehouse market stabilizing

Medical Properties Trust, Inc. Announces More Than $1 Billion in New Real Estate Investments

Riverchase office building sells for $1.1 million

Four Star Holdings, Harbert Realty teaming on massive Odenville development

West Alabama – Tuscaloosa, Northport, Demopolis, Selma

No action yet on hotel project access on Old Greensboro Road

Apartment complexes too often take advantage of college students

South Central – Montgomery, Auburn

Montgomery casino plans $65M in upgrades

Alabama Rural Ministry raises funds to end poverty housing in rural Alabama

Wiregrass – Dothan, Troy, Andalusia

ACRE Report: Dothan Area home sales in September slip 14% from prior year

Dothan competes for major Korean manufacturer

Gulf Coast – Mobile, Baldwin County, Gulf Shores, Orange Beach

New Catholic high school could open in Fairhope a year earlier than planned

Bank, commerce plaza, warehouse sales included among real estate transactions; closing Causeway restaurant site drawing interest

Low-cost homeowners insurance in coastal Alabama comes with risks, but are consumers fully aware?

Buick Building in downtown Mobile is set to see a significant, floor-to-ceiling restoration after sitting vacant for more than a decade

For Sale? Mobile City Council contemplating how far it wants to go in seeking money for public land

Revamped 108-unit apartment complex sails through Orange Beach approval process

Sale of former Augusta Evans school, 2 historic schools on Mobile County school board’s agenda

Education Opportunities

Registration is open for the 21st Annual CCIM Central Alabama Market Symposium

Learn more about the NEW Alabama Graduate REALTOR Institute (GRI) – Register for classes now

CCIM and ALM’s Real Estate Media Group Join Forces for New CCIM Thrive Conference in Los Angeles Oct. 21-22

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