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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.