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Birmingham Brings Positive Real Estate Trends to Alabama

 

As Alabama’s real estate numbers continue to move in a positive direction, the Birmingham region has been the source of much of the state’s recent success in real estate sales. Moving to Birmingham seems to be more popular than ever, according to recent data that shows the occupancy rate in Birmingham was at 93 percent in 2013, thanks in part to the blooming development of the downtown area.

Residential real estate isn’t the only area to see high occupancy rates. For 2013, Birmingham had 91 percent occupancy in industrial space, with a $3.42 square foot average rate. For residents and for businesses, Birmingham is becoming a strong and stable location for putting down roots. Hopefully the Birmingham area will continue to grow and strengthen, and the positive trends and demand will continue throughout 2014.

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