WIRE News thru 7/19
Vol. 2, Issue 28
Welcome to ACRE's weekly digital publication - the WIREWIRE 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 theACRE Corporate Cabinet.


ACRE Corporate Cabinet News
Statewide & Nationwide

Alabama Residential Mid-Year Report: YTD Sales up 9%; 80% of local markets show sales improvement from 2012 

Craig Mason,CPA: How will Self-Rental Leases be Impacted by the 3.8% Net Investment Income Tax? 

Congress Debates Taking A Step Back From The Mortgage Market 

A Shale Game: Energy Industry Triggers Demand for Prime Real Estate 

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

Morgan County(Decatur) residential sales unchanged in June; YTD sales up 15% 

Gadsden area residential sales up 24% in June; YTD sales up 1.2% 

IHOP, Firestone, Family Security Credit Union, Verizon coming soon to Huntsville-annexed Promenade Point 

Stepping Stone Condominium president predicts 'exodus' of owners if Huntsville Housing Authority buys 6 units for public housing 

Property rules in Muscle Shoals may gain teeth 

Public housing residents salute outgoing Huntsville Housing Authority board member Charley Burruss 

New apartments coming to downtown Florence 

Lake Guntersville lighthouse, now for sale, 8-story monument to man's life work  

Huntsville Realtors hold technology expo to highlight newest tech tools for buying, selling homes 

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

Birmingham metro area residential sales up 1.3% in June; YTD sales up 9% 

Calhoun County residential sales up 22% in June; YTD sales up 5% 

Atlanta firm proposes commercial development at Birmingham Crossplex site 

Developer reveals new details about plans, demand for development around Birmingham's Regions Field 

Grocer, gym eye Trussville's former Food World 

Ohatchee officials await transfer of county property 

Construction work proceeding on schedule at Elyton Village Phase 2 

Midtown continues to develop, underscoring benefit of Railroad Park, Regions Field 

Aniston destroying ancient Indian mound for Sam's Club 

Pelham luxury apartment proposal recommendation faces delay until August 

West Alabama Tuscaloosa, Black Belt

Tuscaloosa Planning Commission to hear petition for new student housing development

Shop24 Global to Open New Store for Students at University of Alabama 

Student housing project hits snag 

Real estate appraiser announces candidacy for Tuscaloosa City School Board

Mayor, city officials struggle to balance on-going growth of Tuscaloosa with preservation of the past 

South Central - MontgomeryAuburn, Lake Martin, Phenix City

Lee County area residential sales up 29% in June; YTD sales up 14% 

Montgomery officials break ground on new $35 million recycling center 

Homeowners on Lake Martin Demand Higher Water Levels 

Reroofing of 17 buildings, for the Auburn Housing Authority 

Residents upset about council decision to allow apartments 

Spring Hollow offers country living, city perks

Wiregrass- Dothan, Troy

Rain doesn't dampen progress on Boll Weevil Circle

Eufaula Barbour County Chamber hosts Homeownership Workshop 

Gulf Coast Mobile, Baldwin CountyGulf Shores, Orange Beach

Baldwin County Residential Sales Up 2% in June; YTD sales up 11% 

Mobile Real Estate Mid-Year Report: Area residential sales up 15% in June; YTD sales up 13% 

Alabama Media Group announces preliminary agreement with Bishop State on Press-Register facility 

Environmental assessment of new Mobile shopping mall could slow project 

Coastal Gateway Regional Economic Development Alliance taps interim director 

Bellator Semiannual Market Update 

Residents file complaint over proposed CVS in Malbis 

South Alabama Megasite, Loxley North nab Baldwin County's third, fourth industrial AdvantageSite designations 

Groundbreaking announced for Broad Street Retail center in downtown Mobile 

Statewide Education & Outreach Opportunities
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Corp Cab
WiRE compliments of
For more information, contact Grayson Glaze (205) 348-7714. 
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