Home prices in the metropolitan Birmingham area rose this March 2.1 percent over March 2012, while the rest of Alabama saw prices fall about 3 percent. The Alabama drop was the second highest in the country for that time frame. The data collected by CoreLogic also showed that Alabama was one of four nationwide states to have home price depreciation.
The local Birmingham movers have found that the rise in Birmingham sales is exclusive of distressed mortgages. Though the state had a drop in home values, we are optimistic that the remainder of 2013 can prove fruitful for Alabama and even more so for Birmingham. Birmingham is noted as a town with a growing downtown area. Other Alabama cities, such as Dothan, have received varying levels of attention lately. Dothan was named as one of the least expensive cities in America.