real estate market conditions: Alabama Foreclosures up 73%
- 08/22/08 03:26 AM
This article was originally posted on DothanHomeSearch.com How is that for a sensational headline? Do you think the media is trying to influence your thinking? This indeed was the headline of a post this week from the Birmingham Business Journal. As is usually the case though, the headline doesn’t really tell the story. Context is very important. If you go on to read the entire piece, you will see that the 73% increase is from July of 2007. There was a small 11.5% increase over June, 2008, and it is important to note that the number of foreclosures in Alabama had (0 comments)
real estate market conditions: Dothan real estate market steady compared to rest of Alabama
- 07/30/08 04:22 AM
This article was originally posted on DothanHomeSearch.com The Dothan area real estate market was the only area in Alabama to show positive sales growth in June, data from the Alabama Center for Real Estate shows. According to a story in The Dothan Eagle, Dothan was the only market in Alabama to show an increase in June, compared to last year. As posted earlier, home sales here are down about 12% through the first half of the year, compared to the same period in 2007. So why is this market seemingly stronger than many others around the state? A couple of reasons. (0 comments)
real estate market conditions: Dothan Real Estate Market Update, October 2007
- 10/13/07 11:24 AM
The number of homes for sale in Dothan continues skyward. I have mentioned in previous market updates that we have doubled the number of homes on the market in just under two years. Well, in the past six months alone inventory is up nearly 22%. Here are the highlights: The number of homes under contract (pending sales) fell to the lowest level since November of 2006. It looks like our seasonal slowdown might be starting a couple of months earlier this year.Sales were down 33% for the third quarter just finished when compared to the third quarter of 2006.There are now over (0 comments)