|1/31/2016||Alabama Coastal Real Estate Has An Outstanding Year|
According to Tom Brander, writer of Market Trends: Alabama Real Estate, things are looking up in south Alabama's real estate market. Sales dollars in December were up 24% over last December, and the twelve month moving average line of sales has gotten a healthy upward tilt. Inventories are trending down, which should jump-start new construction.
Home prices have been improving modestly for the past year, and average days on the market decreased as 2015 came to a close. Projections for 2016 are for continued growth.