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Home Appreciation Isn’t Looking Up in AL

While Birmingham is experiencing positive trends in terms of home prices and real estate, the same can’t be said for much of the state of Alabama. Throughout the state, Alabama home prices dropped sharper than any other state for the month of September 2012. The Birmingham movers are wary that even though our city saw growth, it was in minuscule numbers as September 2012 posted only a 0.8 increase from September 2011.

Excluding distressed sales, the Birmingham metro area saw a 1.1 percent rise in prices, according to a report by Core Logic. St. Clair County has shown the strongest rebound in the state, and the proximity to Birmingham has upped its appeal to potential home buyers.

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