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SEATTLE, Nov. 30 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer, announced it has signed a letter of intent with General Growth Properties and Jim Wilson & Associates, LLC to open a new Nordstrom store at Riverchase Galleria in Birmingham.
MOBILE, Ala. (Business Wire EON) November 27, 2007 -- Ferrari Capital Partners (www.ferraricapitalpartners.com), a large scale real estate developer in the southeastern United States,...
Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center For Responsible Lending; Rep. Davis Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process.
MONTGOMERY – Some Alabama children who take the bus to school will be buckled-up during the trip for the first time next year thanks to a grant awarded by a special panel Governor Bob Riley appointed.
Apartment owner says lot is overgrown, nutria-infested. TUSCALOOSA | Thick vegetation and large rodents spurred a Tuscaloosa landlord and some neighborhood residents to urge the Tuscaloosa City Council Tuesday to take action.
TUSCALOOSA - Existing home sales in Alabama softened for the second consecutive month as consumers continued to cautiously digest the impact of the evolving credit market, according to Grayson M. Glaze, J.D., executive director of the Alabama Center for Real Estate at The University of Alabama.
A Dothan housing market that was once on fire is in a cooling off period, but some local realtors believe the market was primed for a slowdown after a phenomenal 2006.The median price of a Dothan home dropped to $122,000 in August, the lowest median price since February of 2006.
Despite what you've heard about the housing market in other parts of the country, home values in the river region are expected to increase over the coming year. That's according to a new report by CNN.com and Business 2.0 magazine.The report ranked Montgomery among the top ten housing markets in the U.S.
Albertville property owners will not see the effects of increased tax rates on bills due by the end of the year.Voters in Albertville agreed Tuesday to raise property tax rates by 6 mills. The new rate will take effect with the tax year beginning Oct. 1. That means the bill won’t come due until late 2008.
Foreclosure filings in Alabama have been rising in the past year, but the problem in the state isn't nearly as severe as in others. RealtyTrac, a California firm that tracks mortgage defaults across the nation, on Tuesday pegged Alabama's July foreclosure rate at No. 38 among the states.
With the influx of students returning to Troy this week, housing in the city has nearly reached its capacity. “Right now we are almost 100 percent rented,” said Earl Ellis of Landmark Realty. “We've had kind of a low availability for quite some time, but it really has become acute in the last 30 days.”
The market in Demopolis is still very hot. Properties under $150,000 are generally selling pretty fast, but it does depend on location and the condition of the house. Values have increased and where the national trend has kind of been a slump, the Demopolis market is still very hot.
DAUPHIN ISLAND -- More than 200 property owners here have filed appeals with Mobile County this week, claiming that tax officials overestimated their homes' values and overcharged them on property taxes, according to officials with the county and with the town's property owners group.
The Fort Payne City Council voted Tuesday to rezone about 4 acres of land that could become the site of new apartments or town...
Sales of single-family homes in the Birmingham area fell 4.7 percent in April, the fourth consecutive monthly decline from the previous year. Birmingham Association of...