WIRE News thru 6/22
Vol. 1, Issue 14
Welcome to ACRE's newest initiative- The Alabama Real Estate News WIRE. WIRE is the acronym for "Week In Real Estate" and this product is intended to help real estate professionals, affiliates and consumers follow all the major news stories that impact real estate in Alabama and will come to you just once a week, on Saturday mornings, categorized geographically. We hope this will be a convenient way to catch up on anything you may have missed during the week without interrupting your workday. The WiRE is brought to you weekly compliments of ServisFirst Bank
Statewide

Alabama home sales in May increase 13.8% from last year; 64% of local markets report gain in sales 

Alabama Association of REALTORS President's Report 

The Battle of Competing Objectives: Insurer vs. Insured  

Builders across the country start more homes

Mortgage settlement helps balance Alabama budget 

Family Dollar expanding in Alabama 

US home sales slipped 1.5 percent in May 

Alabama had third-highest economic insecurity from 2008-2010, study finds 

Market Trends (Tom Brander): Birmingham, Huntsville & Gulf Coast 

North Alabama - Huntsville, Decatur, Florence, Gadsden, Muscle Shoals

May 2012 HAAR Housing Report 

Huntsville Housing Authority takes the reins of costly Councill High renovation

HomeGoods Coming to Huntsville

Progress Bank and Trust expands into Madison

Madison County's jobless rate increases in May

North Central - Birmingham, Anniston, Bessemer, Pell City, Sylacauga

ServisFirst Bank co-founder cheers 5-star rating  

Metro Birmingham home sales value up 13% 

Jefferson County home values drop for 4th year 

Jefferson County posts property value details on the Web 

Bayer Properties: expect first signed leases for entertainment district within 30 days 

Beam setting ceremony scheduled for new Target store in Homewood  

Steak 'n Shake to splash into Birmingham market 

West Alabama - Tuscaloosa, Black Belt 

Developer withdraws plans for student apartments 

Developer presents preliminary plans for Tuscaloosa's Wood Square

City Council authorizes land seizures for Loop Road work 

Tuscaloosa Amphitheater to host 2nd annual Celebration on the River

South Central - Montgomery, Auburn, Lake Martin, Phenix City

Montgomery home sales in May up 19.8% from a year ago

Questplex redesign: Montgomery unveils $20M funding proposal for building

Council votes to expand downtown Montgomery entertainment district

ASU to buy APT building

Wiregrass - Dothan, Andalusia, Enterprise, Eufaula, Troy

Dothan home sales improve from prior month

Work on tire processing center begins

Gulf Coast - Mobile, Baldwin County, Gulf Shores, Orange Beach

May residential sales in Baldwin County up 24% from last year; Inventory down 17% 

Shaul Zislin's big beach business 

Volume builder buys lots, and land for more than $3 million  

M&M Bank holds official grand opening in Gulf Shores  

ACRE Outreach Events - Please RSVP

Save the Date for these ACRE events!
West Alabama Real Estate Summit  - August 24
Tuscaloosa Networking & Business Development Reception - August 23
Baldwin County Networking & Business Development Reception- October 23
Mobile Area Networking & Business Development Reception - October 25
Birmingham Commercial Networking Reception - November 15
 
More details coming soon about these events. 
To keep up with ACRE, follow us on Twitter @uaacre and facebook! 
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Past Issues
May 25







The WIRE compiled by ACRE Interns
William Ming MS Marketing Class of 2013