Birmingham Area Near Top of Pack in Affordable Homes
Source: Birmingham Business Journal, March 21, 2008

Birmingham now ranks third in the nation for affordable housing, outpacing at least seven other Southeastern cities. According to a study of the nation's largest 50 metro areas conducted by American City Business Journals, parent company of the Birmingham Business Journal, the metro area's median monthly housing payment was $753, taking a little over 20 percent of local homeowners' median monthly household income of $3,711. …read more

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Home builder confidence up in August
Source: Birmingham Business Journal, August 17, 2009 

A confidence index among home builders inched up in August to its highest level in a year.    

The National Association of Home Builders/Wells Fargo Housing Market Index reached 18 this month, which was its highest since June 2008, said a news release.

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Developer: Homewood\'s Hallman Hill still on track

Source: Birmingham Business Journal, June 26, 2009

The developer of the $37 million, mixed-use Hallman Hill in Homewood said the project’s first condominiums are complete and closings should start in less than a month.

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Birmingham Luxury Condo Owners Polish Sales Pitch

Source: al.com, April 2, 2010

The owners of a Birmingham high-rise condominium tower have cut prices on empty condos in hopes of finally selling them in a harsh market.

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Mountain Brook's Lane Parke development to get redesign, new partner

MOUNTAIN BROOK, Alabama -- Mountain Brook Village's proposed Lane Parke mixed-use development is getting another redesign and a new planning partner. Organizers hope to begin construction on the project -- now three years in the making -- sometime next spring, but they will have to once again navigate the city's zoning process.

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Birmingham named Great Retirement City by Kiplinger
Low cost of living, abundant sunshine and world-class golfing put Birmingham in the Top 10 for Great Retirement Cities, according to Kiplinger. The online business publication touted the Magic City's "huge Dixie charm" and tax breaks for the elderly, and said the city's biggest selling point was big-city living at a discount. The Birmingham Business Alliance's marketing firm, DCI, can use these types of superlatives to continue to build on the national image of Birmingham.

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