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According to a recent report from the Alabama Center for Real Estate, the home sales in March 2012 for the state of Alabama have gone up by 9 percent since March 2011. As far as the first quarter of this year? Sales have improved 11.4 percent. The Birmingham movers are thrilled to hear that the local real estate market may be finding its feet again.

Home sales are also on the rise–last month, the average selling point for a home was $141,005, which is a 4 percent increase from a year ago. While Tuscaloosa is currently leading the state in real estate transactions, Birmingham has risen a steady 6 percent and will hopefully continue to show positive progress.


According to a recent report, the number of foreclosure filings in the state of Alabama for the month of February 2012 has gone down from February 2011. The drop of foreclosure filings was by about 19 percent throughout the state.

But the Birmingham movers don’t have news that’s all good–apparently, even though the number is lower that last year, it’s still higher than January 2012. The filings were up about 8 percent from January. However, the state of Alabama is still on the better end of the national average for foreclosure filings. Hopefully this will remain the case in coming months.


In relation to the $25 billion settlement over foreclosure abuses, it has been reported that Alabama will get $106.7 million of that. But what does the sum mean to people who are upside down on their mortgage? How far is the settlement going to stretch? The Birmingham movers want to help you figure it out!

Alabama borrowers (who qualify) will get an average of about $15,000. But it won’t necessarily be cut as a check–some of the payout will be in other forms, such as unemployment forbearance.

The effects could be great or damaging: as the payouts remove homes from bank databases, there will be more leeway for increasing home prices that are up for current mortgages. The Birmingham movers will be here to help navigate this as new developments come to light.

 


According to a new study at University of Alabama, uncollected sales and tax revenue will add up to over $1 billion over the next five years. The study highlights untaxed online purchases which inversely cost the state of Alabama about $200 million per year in taxes.

In addition to taxes, the lessening of retail sales and increase in online buying will account for up to 4,000 jobs getting cut annually. It’s safe to say that online shopping has contributed to a stunt in the employment levels in Alabama.

The confusion with taxes and online sales is certainly one to be explored. The Birmingham movers are concerned at the hit local stores take when shoppers aren’t physically going to the retail shops.


Brentwood Properties, a well known commercial real estate firm in Birmingham, has announced several corporate sales completed recently. The Birmingham commercial movers are happy to announce deals are occurring in the Birmingham metro area, such as:

The sale of an 8,500 square foot office building to Independance Holdings, LLC.

The relocation of dentist Kimberly McGowen’s dental practice from Greystone Center to the new space on Independance Drive.

The State of Alabama lease was renews for 11,100 square feet of space.

Here at All My Sons, we pride ourselves on being reliable and timely business movers. For your next commercial move, be sure to contact the Birmingham movers!


Recently, Habitat for Humanity donated its fifth home for Tuscaloosa tornado victims. The home was given to Nicole Cammon and Eddie Crispin, and their two children.

The family’s home was destroyed during the April 27 tornado, where the roof was ripped off of their home and windows were blown off. Post storm, the family slept in their car and in hotels. The family is extremely grateful to be brought relief from the Habitat for Humanity organization and to have a safe and stable home for the children to grow up in.

The Birmingham movers are glad to live a helpful community where about 3,500 volunteers have helped with Habitat for Humanity efforts since the tornado.


The past tornadoes of April 2011 were not only a huge hit to residents, buildings, and homes, but also to insurance companies. So far, insurance companies have paid about $2.2 billion in claims–and there are over 2,500 claims left unsettled.

Claims range from houses to cars, businesses and other personal property. Once settled, industry professionals believe that the totals will tally around $3 billion. Moving on from the unexpected Alabama catastrophe has proven easier said than done.

Your Birmingham movers know the huge impact that the tornadoes had on local businesses and families alike, and we hope that those seeking financial compensation and relief from damages will receive it soon–it’s coming up on a year since the tragedy, after all. Here at All My Sons Moving & Storage, we hope 2012 brings prosperity and safety to the Birmingham area and beyond.


As the Birmingham movers know, college enrollment at many universities is something than continues to give strength to flailing real estate markets. College students are coming to Alabama in droves, and they need places to live!

According to a study by a Birmingham real estate firm, apartment occupancy rates in Tuscaloosa are at 93.4 percent for private apartments, and 96.5 for suite-style apartments that lease by individual bedrooms. The latter is quite common among students because it is a seamless transition for dorm-style living.

 

 


According to local realtors, the amount of residential real estate transactions are up for the month of October. When compared to the real estate figures of October 2010, this year’s number surpass those sales by 43 percent–up from 563 homes to 803. That’s something we’d like to celebrate here at the Birmingham movers!

While the prices are generally lower when compared to 2010, the positive to focus on is that inventory is moving. 35% of the October sales were foreclosed properties.

If you’re looking to buy a new Birmingham home, now may be the time! Strike while the iron is hot & the prices are low to get the best deals on your new place.

 


Thanks to a tour of homes scheduled at the beginning of December, the Birmingham movers and residents alike will be able to see local homes outfitted in all of their true holiday glory.

On December 3 & 4, the 2011 Lakewood Estates Holiday Tour of Homes in Bessemer will be underway. Admission is $10 and the homes are absolutely breathtaking. Expect plenty of Christmas trees, holiday treats, and welcoming warmth from home to home.

To add to the holiday mood? Look (or listen) for the Magic City Choral Society, who will be caroling throughout the neighborhood.

Other home tours include the Roebuck Springs Holiday Home Tour, the Spring Creek Cumberland Presbyterian Women Christmas Open House Tour in Montevallo, and the Legacy League Christmas Home Tour, among others. See the full agenda here.