A Comprehensive Comparison of 3 Great Alabama Real Estate Markets
Abstract
Some of the newest real estate markets in our repertoire at REI Nation are in the great state of Alabama: Birmingham, Tuscaloosa, and Huntsville. Alabama may seem like an unassuming place for standout real estate markets, but its potential has only grown more evident as the pandemic ignited interest in Sunbelt and southern markets. The Market Overview Birmingham: The Diverse City Located in the state's north-central region, Birmingham is a well-known fixture in Civil Rights-era history. As staple Southern cities, these markets benefitted greatly from pandemic trends: the migration to southern and Sunbelt markets. Recession Market Performance The Great Recession Though we don't expect a recession of the caliber of the 2007-08 subprime mortgage crisis, the performance and recovery of markets through this period are important indicators of economic resilience. 2022 Real Estate Market Trends Birmingham Birmingham's revitalization efforts have renewed interest in its downtown area. If you're interested in totally turnkey buy-and-hold real estate investment in markets that are expected not only to survive but thrive beyond the twists and turns of the market, talk to us.