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LFC to Auction Prime Bay Front Development Property in Gulf Shores, Alabama
NEWPORT BEACH, CA– LFC Online, an Internet real estate auction marketing firm and part of the LFC Group of Companies, has announced that it will auction over 22 acres of prime development property located on the Fort Morgan Peninsula, in Gulf Shores, Alabama.The 22.5-acre parcel of residential development land, just north of Highway 180, is zoned R1-FM/PUD and is a proposed 45-lot subdivision
Nordstrom to Open First Alabama Store at Riverchase Galleria in Birmingham
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.
Ferrari Capital Partners, LLC Makes Key Decision to Scale Back Proposed Real Estate Development...
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,...
Data: U.S. Rep. Davis Can Act To Save 784 Homes In Congressional District From...
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.
Grant Awarded for Pilot Program on School Bus Seat Belts
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.
Landlord wants to buy city property
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.
Home sales in Alabama continue to soften
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.
Dothan housing market slowing from record year in 2006
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.
Montgomery Housing Market Ranks 5th in the U.S.
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.
New tax bill due in 2008
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.
Alabama foreclosures 38th in nation
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.
Influx of students makes rental property hard to find
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.”
Q&amp;A: Mem Webb discusses real estate trends
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.
Property owners balk at new tax appraisals
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.
Housing project approved
The Fort Payne City Council voted Tuesday to rezone about 4 acres of land that could become the site of new apartments or town...
Home sales in April down for 4th month
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...