WIRE News thru 11/24
Vol. 1, Issue 36
*Due to the Thanksgiving holiday, this edition of the WiRE only contains news Saturday 11/17-Tuesday 11/20. Next week's edition will contain the remainder of the holiday week. Happy Thanksgiving! 

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

Alabama Residential Report: YTD Sales up 6.4%; 76% of local markets show improvement from 2011 

Pros & Cons of Seller Disclosures

FHA Faces Shortfall From Mortgage Losses

F.H.A. Hopes to Avoid a Bailout by Treasury 

Good Signs: Home Sales Are Up

US home sales rise 2.1 percent in October

Todd Drummond: "Commercial Real Estate: The Decision to Lease vs Own"

Alabama's damaging income gap is bad for all in the state

5 big US banks have cut mortgage balances by $6.3B

Alabama Power recognized for saving its Southeastern customers

Alagasco customers pay twice as much for natural gas

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

Community feedback to guide city's growth study

Former Klibanoff home on Huntsville's Monte Sano sells for under $1.4 million

HUD declines to give legal opinion on Huntsville Housing Authority disclosure law

 

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

Same song, different year for Birmingham CRE

Leeds City Council hears proposal for affordable housing project for seniors

Ronald McDonald House receives 100 gift boxes of cheer 

Developers of Tuscaloosa project have plans in Birmingham

Clairmont apartment developers near financing deal for $35M project

Brasfield & Gorrie lands $545K project for Trinity United Methodist 

West Alabama Tuscaloosa, Black Belt

Tuscaloosa City Council considering changes to economic development policy

Tuscaloosa breaks ground for $100M student housing, retail complex

Tuscaloosa Foreclosures See Slight Increase

Tuscaloosa ready to move forward with $8.13M downtown renewal plan

South Central - MontgomeryAuburn, Lake Martin, Phenix City

 

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

Mobile Gas charges customers more than double what Biloxi utility charges

Orange Beach ice skating rink under construction at The Wharf

Bellator Real Estate names top October agents

Baldwin County Commission votes to accept nine-member board resignations

Habitat for Humanity of Baldwin County's Women Build to help Foley family

Publix Supermarket at Airport & University in Mobile is on schedule

WiRE Compliments of
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The WIRE compiled by ACRE Intern
Kianah Israel Class of 2014