WIRE News thru 11/22
Vol. 2, Issue 46
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.

ACREcon 2014
ACRE Corporate Cabinet News
Wells Fargo optimistic that mortgage market will 'stabilize' next year
Birmingham Airport Authority hears terminal project update; approves X-ray system for international travelers- Brasfield & Gorrie
C Spire breaks ground on $20 million data center in Starkville, Miss.- Brasfield & Gorrie
Renasant names Riley as senior vice president
Statewide & Nationwide
North Alabama-
, Florence, Gadsden, Muscle Shoals, Cullman
Loss of $246K from Huntsville Housing Authority a 'real blow' for Boys & Girls Clubs, other nonprofits
Sheffield purchases property for drainage project
Gadsden buys riverfront property for $2.6 million to spur 25 acre development
Public-private partnership spurs $3M renovation of aging apartment complex near downtown Huntsville
North Central Birmingham, Anniston, Bessemer, Pell City, Sylacauga
Birmingham metro area residential sales up 12% in October; YTD sales up 11%
Local housing affordability drops for third straight quarter
Birmingham REALTORS Dip Toes in Political Waters Backing 15 Candidates - 14 Win!
Birmingham Home Builders  Association wins state awards
Gardendale expected to annex Shady Grove Road property for housing development
Harpersville still weighing options for donated Meadows golf course property
Birmingham October Real Estate Sales Up 12% from last year
What will JeffCo exit mean for economic development?
Graham hired to lease The Plaza Birmingham
More discussion to be held on Anniston historic district creation
South Central - MontgomeryAuburn, Lake Martin, Phenix City

Lee County area residential sales up 4% through October 

Montgomery area residential sales up 5% in October; YTD sales up 14%   

Real estate: Privacy and close community associated with Hazel Hedge  

Auburn University seeks more than $5 million from state to pay for new aviation facility  

West Alabama- Tuscaloosa, Demopolis, Black Belt

Tuscaloosa area residential sales up 9% in October; YTD sales up 11%  

Limits on big student-housing units urged

Consultant warns city of housing saturation  

Tuscaloosa homebuilders hold awards ceremony

Wiregrass - Dothan, Troy, Andalusia 
Dothan area residential sales through October up 11%
Gulf Coast Mobile, Baldwin CountyGulf Shores, Orange Beach
Mobile area residential sales up 3% in October; YTD sales up 14%
Baldwin County Residential Sales Up 18% in October; YTD sales up 15%
Point Clear residents prevail in land rezoning dispute
Judge rules Plains Southcap eminent domain application OK but reserves ultimate judgment
Westwood Plaza redevelopment to nearly double shopping center's size, attract new retailers to Mobile
Mobile County officials break ground on $10 million Calcedeaver Elementary School
Baldwin County Real Estate Sales Remain Strong in October

WiRE compliments of
For more information, contact Grayson Glaze (205) 348-7714. 
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