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Strange Times for Real Estate

Sharman Egan Lagniappe 15.07.2009

Alabama's homes reach most affordable level in 16 years

Lauren B. Cooper business journals 19.05.2009
Strange Times for Real Estate

A couple of months ago, I got a wild hair to sell our house in Oakleigh and buy another house nearby (the long-suffering Kevin insists my hobby is buying and selling homes, but I think that’s a gross exaggeration). Of course, it’s a lousy time to sell. I knew we wouldn’t get what we think our house is worth but I figured we’d make it up on the buying side, right?

Alabama's homes reach most affordable level in 16 years

Alabama’s home affordability index broke another record in the first quarter of this year, hitting its highest level in 16 years, said the Alabama Center for Real Estate at the University of Alabama.


 




 
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