WIRE News thru 3/8
Vol. 2, Issue 10
Welcome to ACRE's weekly digital publication - the WIRE. WIRE is the acronym for "Week In Real Estate". Delivered weekly, on Saturday mornings, the WiRE is categorized geographically and is designed to help real estate professionals, affiliates and consumers follow all the major news stories that impact real estate in Alabama.  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 compliments of the ACRE Corporate Cabinet.
AL Real Estate Confidence Index Survey
Please assist ACRE, click to take this short survey for the Alabama Real Estate Confidence Index for the 2nd quarter 2013 -
http://alabama.qualtrics.com/SE/?SID=SV_4YhmE30DQbqpUEs 
ACRE Corporate Cabinet News
Statewide & Nationwide

Alabama Residential Sales Improve by 6.7% in January

Craig Mason, CPA: 3.8 Percent Tax on Rental/Investment Income and IRS scrutiny of Real Estate Professionals 

Home prices finally returning to normal 

All walls razed at Florida home where sinkhole devoured man 

Foreclosure settlement delivers $3.6B in cash

US rate on 30-year mortgage ticks up

Alabama left behind while construction industry rebounds nationwide 

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

Huntsville/Madison County Residential Sales Up 27% In February

Property owners on Weiss Lake told to comply with sewage tank ordinance 

New Lee High School brings hope for economic growth in Huntsville, AL

Northwest Huntsville wants more restaurants, grocers

Attalla Cemetery not in city limits

West Huntsville continues massive growth/ expands into Limestone County

East Huntsville one of fastest growing areas of city

Shoppes of Madison getting two more restaurants

Civil action filed against Huntsville Utilities, Housing Authority

Decatur,AL influx of college students breathing new life to downtown  

Madison seeks to develop more retail corridors

Morgan County, Hartselle hope new high schools lure more residents

Huntsville home prices decline in January 

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

ACRE Grand Slam Education &; Outreach event at Regions Field, May 2

Birmingham Barons announce Regions Field open house for Saturday, March 9 

Birmingham home prices fall again in January

New Target store in Homewood to open next week 

The Sanders Trust Acquires $13 Million Ambulatory Surgery Center in Texas

Bessemer Road strip mall will be auctioned off for charity

Vintage Train cars to be centerpiece of revitalization at Grants Mill

Anniston Area housing market sluggish in January

Veteral real estate executives form ARC Realty Group, LLC

Gardendale adopts new Planning and Zoning ordinance

Increase property tax-Birmingham council suggestions for school system

Signature Homes wants smaller, clustered lots in 500-home Lake Wilborn in Hoover 

St. Clair Association of Realtors recognized County realtors

A Mercedes supplier add new space in deals by Graham & Co.

Pinson to purchase Old Rock School for $875,000

West Alabama - Tuscaloosa, Black Belt

Rebuilding of police precincts, city facilities nearly complete 

Tuscaloosa neighborhood being transformed with mixed-use student housing

Tuscaloosa City Council approves contract for first section of City Walk trail

Longtime business returning to Alberta 

Chance Partners Developer Plans Student Housing Project in Tuscaloosa

South Central - Montgomery, Auburn, Lake Martin, Phenix City

Lee County Residential Sales Up 21% in January

Huff Management Co. of Opelika, Al seeks tax credits for Oak Ridge apt. 

Wetumpka approves ordinance to amend city's policy for dilapidated buildings

New facility devoted to orthopaedic care at Baptist Medical Center East

Montgomery City Council approves 4.25-percent lodging tax

MPS saves $4.3 million in energy costs, launches recycling effort 

Montgomery's director of development touts city's east side

Newk's to enter the Montgomery market

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

Mobile Housing offshoot had its tax exempt status revoked

Mobile's fire protection rating improves; homeowners could see savings

Spanish Fort schedules April 1 public hearing on zoning changes

Baldwin County hopes new highway attracts industry

Coldwell Banker Reehl Properties, Inc. earns top company award

Century 21 Meyer Real Estate takes company's top 2012 Alabama spot
WiRE compliments of
For more information, contact Grayson Glaze (205) 348-7714. 
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