WIRE News thru 9/8
Vol. 1, Issue 25
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 & Nationwide

ACRE Report: YTD New Home Sales in Alabama Up 4%; Housing Starts Up 3.4%   

ACRE Monthly Reports: Athens, Cullman, Lake Martin, Lee County, Mobile 

Alabama Housing Affordability Index reaches record level for 2nd quarterU,S, home price rise in July by most in 6 years 

US Construction spending down in July

Alabama home prices fall 4.6 percent in July 

Donate to the C. William Barnhill Scholarship fund

Alabama has up to $8 million to help tornado victims get housing  

Raffle for a week's stay at Crackerbox, a Bay House on Ono Island 

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

Huntsville's Village of Providence neighborhood plans addition of 460 single-family homes

Huntsville Housing Authority wins kudos from HUD for management, energy efficiency 

GBT Realty developing Huntsville Academy Sports + Outdoors store 

'Epicenter of missile defense' growing on Redstone Arsenal 

Ala city considers move to clear abandoned homes 

Three face federal charges in Huntsville mortgage fraud case 

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

Real estate roundup: Nonprofit looks to raise $17.5M for Leer Tower project  

Birmingham Fastener investing $2M for Pratt City expansion 

Ensley Church of Christ claims mortgage scam muddies ownership 

Alabama home prices fall 4.6 percent in July 

Birmingham & Alabama home prices still struggling 

Birmingham New Homes Inventory Decline 38.7 Percent since Peak 

CBRE Group opens Birmingham office as Colonial Properties winds down office operations  

Southpace Properties announces recent deals Timber Frame Cabin Under Construction In Chelsea, Alabama 

Real estate roundup: Retail resurgence

'Urban homesteading' could offer solution to Anniston's run-down lots 

Levine & Associates sells two Birmingham area commercial properties 

Run-off from construction at Riverchase United Methodist Church still harming lake, ADEM finds 

HealthSouth wasting no time with rehab hospital at Grandview Yard 

West Alabama Tuscaloosa, Black Belt 

UA MBA Association to host Golf Tournament Fundraiser 

ACRE "WiRE": Top Alabama Stories this "Week In Real Estate"    

Mercedes supplier to build plant in Tuscaloosa   

Realty Income buying American Realty Capital 

South Central - MontgomeryAuburn, Lake Martin, Phenix City

Mark Barrs, MAI, CCIM Appointed to UA's ACRE Leadership Council  

Money available for tornado victims 

Update: Generators still powering 23-story RSA Tower 

Montgomery rain garden will help prevent pollution, improve water quality 

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

USA Foundation hopes to move forward with developing Brookley property 

Beachfront land sells for $9.7 milliion in Orange Beach 

Old Dauphin Way neighbors protest Salvation Army 'beautification project

Foley industrial park named AdvantageSite by EDPA 

ACRE Outreach Events - Please RSVP

Save the Date for these ACRE events!
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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The WIRE compiled by ACRE Interns
William Ming MS Marketing Class of 2013