WIRE News thru 9/15
Vol. 1, Issue 26
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

Donate to the C. William Barnhill Scholarship fund 

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

HARP 2.0 Refinancing Benefits Available for Alabama Homeowners 

Alabama Home Values and FHA Streamline Refinancing 

HUD approves $55 million in tornado relief for Ala. communities 

Private Investor Buys Prescott Place Apartments 

House passes bill to strengthen FHA 

Operation of locks on two Alabama river systems will be restricted to save money 

End of property tax exemption will hurt elderly residents (letters)   

Better Homes and Gardens Real Estate enters Missouri 

Tanner Guin & Crowell to operate in Alabama, Mississippi

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

Gadsden home sales in August up 6% from a year ago; YTD sales up 11% 

Huntsville's August home sales rebound from July; year-to-date sales up 13 percent 

Apartment projects in Huntsville, Madison creating new wave of supply 

Building permits for Huntsville, Madison and Madison County 

Etowah school board eyeing Sardis property purchase 

ASK US: What about new retail stores in south Huntsville? 

Speed limit on new Parkway overpasses at Sparkman, Max Luther questioned 

$400,000 check will kick-start construction of new south Huntsville park

Land Trust of North Alabama preserves another 265 acres on Chapman Mountain in Huntsville (updated)

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

Birmingham mayor rejects Walmart for Crossplex and will present another proposal  

Regions Financial sued by former loan officers 

Cracker Barrel buys land off Corridor X for new restaurant 

Birmingham area home sales grow 18.4 percent in August 

Birmingham's August home sales rebound from July; year-to-date sales up 14 percent 

Feds give go-ahead for $55 million to help with tornado recovery in Alabama  

'Underwater' mortgages in the U.S., metro Birmingham fall slightly as equity improves  

Second phase of Cottages at St. Martin's in the Pines nearing completion 

Embassy Homes plans 22 new starts as residential sales improve 

iStore hosts an "Indoor Yard Sale" to benefit UA Tuberous Sclerosis Clinic and Research

Real estate roundup: QE3 unlikely to help local new investors 

Birmingham home values down 9% since 2007 

West Alabama Tuscaloosa, Black Belt 

Tuscaloosa Home Sales in August Up 2% from Prior Month; YTD Sales Up 3% 

Business incubator will open in Tuscaloosa next month 

UA MBA Association to host Golf Tournament Fundraiser 

Gordon Henderson, a real estate developer who left an impact on Albertville, dead at age 75  

West Alabama Birding Trail set for Sept. 21 launch 

Tuscaloosa Real Estate Developer Plans No Vote Campaign For Sept. 18   

Gov. Robert Bentley seeks more tornado aid for Tuscaloosa 

Waste authority purchases 529 acres for $4.23 million 

Blackridge Land Co. acquires Choctaw Wildlife Services  

City Council approves deal for upscale downtown hotel

Former Bryce Hospital property is key to University of Alabama's new growth plan

South Central - MontgomeryAuburn, Lake Martin, Phenix City

Hyundai Heavy Industries supplier TK Electric to open $3 million plant in Pike Road  

Auburn Athletics pledges $1.5 million to marching band facility  

Montgomery County hopes energy savings can fund third of $8.2M youth facility renovations 

Justice Department Sues Owner of Alabama Mobile Home Park for Engaging in Race Discrimination 

Wiregrass Dothan, Andalusia, Enterprise, Eufaula, Troy

 Real estate transfers 8/13/12

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

Spence Monroe named Realtor of Year in Baldwin County 

Anne Powell named Realtor of Year in Mobile 

Dollar General pays $1.5 million for Gulf Shores land  

313 acres near Airbus property, Brookely Aeroplex up for auction 

Tax expert to build restaurant in Gulf Shores near beach 

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