Alabama

The city of Birmingham plans to set aside nearly $1 million in the 2021 budget to prop up the underperforming CrossPlex Village development in Five Points West, city officials said.

Home sales in Alabama surged in June as buyers emerged from the coronavirus lockdown ready to take advantage of low interest rates.

Several Senate Banking Committee members from both parties are facing tough reelection challenges in a year when control of the entire chamber — and the banking policy agenda — may be up for grabs.

A statewide stay-at-home order by Gov. Kay Ivey means evictions and foreclosures are on hold for at least a month.

Alabama is fourth in the country for raw vacancy rate with more than 18% of all housing units in the state empty.

The Huntsville, Ala., housing market continues strong with more homes sold in the third quarter of this year than the average for the same period throughout the decade.

Movement Mortgage purchased the two branches that comprise Huntsville, Ala.-based Platinum Mortgage's retail business just weeks after the latter company sold its wholesale division.

Two Alabama cities lead the nation in several categories according to a study charting the best cities in which to buy a home based on the buyer's occupation.

Nov. 07--Alabama just misses out on the top ten among states with the nation's lowest total mortgage debt.

September's surprising large year-over-year drop in home sales is a sign that the housing market continues moving toward balance between buyers and sellers, a Remax report said.