Birmingham, Alabama Weather :: 35F Clear

Clear 35°F

Humidity:
43%
Wind Speed:
6 MPH
Wind Direction:
N (360°)
Barometer:
30.46 in.
Dewpoint:
15°F
Heat Index:
35°F
Wind Chill:
30°F
Visibility:
10 mi

Source: www.rssweather.com

Birmingham-area home sales off sharply for October -Birmingham News

I saw an interesting post today on tbrander.wordpress.com.

I was pleased to provide data and commentary for the Birmingham News today. I wish the data was better, I hate reporting dismal numbers.
Tuesday, November 18, 2008
MICHAEL TOMBERLIN
News staff writer
A plunging stock market and waning consumer confidence dragged Birmingham-area home sales down in October, a real estate expert says.
Tom Brander, who compiles a monthly statistical […]

Read the entire post here.

Rough Real Estate Sales Results for October 2008 in Alabama

tbrander made a great post today on tbrander.wordpress.com.

As a reminder we publish two free newsletters. You may subscribe to the Alabama newsletter here, which has our exclusive content. You may subscribe to our selected national news on real Estate here, which has selected articles having a strong bearing on the Real Estate Market from various sources, selected be me.
This month in all […]

For more detail click here.

Birmingham, Alabama Weather :: 69F Mostly cloudy

Mostly cloudy 69°F

Humidity:
75%
Wind Speed:
3 MPH
Wind Direction:
SE (140°)
Barometer:
29.79 in.
Dewpoint:
61°F
Heat Index:
69°F
Wind Chill:
69°F
Visibility:
7 mi

Source: www.rssweather.com

FDIC plan could help 1.5 million keep homes

ABC 33/40 made an interesting post today on www.msnbc.msn.com.

Publicly breaking with the Bush administration, the FDIC proposed to use $24 billion in government funding to help 1.5 million American households avoid foreclosure.

For the complete post go here.

Senators, Bankers Clash Over Bailout

I came across an interesting post today on feeds.cbsnews.com.

While the Bush administration shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes should be made in the program in light of the deteriorating economy and soaring mortgage foreclosures.

More details…

Foreclosures spike 25 percent year-on-year

This morning I saw a post that may be of interest.

The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed.

More details here.

Birmingham, Alabama Weather :: 58F Mostly cloudy

Mostly cloudy 58°F

Humidity:
47%
Wind Speed:
7 MPH
Wind Direction:
ENE (060°)
Barometer:
30.17 in.
Dewpoint:
38°F
Heat Index:
57°F
Wind Chill:
57°F
Visibility:
10 mi

Source: www.rssweather.com

Homeowner denial: My home is gaining value

Despite dismal housing headlines and reports showing falling prices nationwide, owners in some once-hot areas still believe their home is gaining value or at least holding its own.

Visit the blog to keep reading…

Birmingham, Alabama Weather :: 50F Clear

Clear 50°F

Humidity:
47%
Wind Speed:
8 MPH
Wind Direction:
NW (320°)
Barometer:
30.08 in.
Dewpoint:
31°F
Heat Index:
50°F
Wind Chill:
47°F
Visibility:
10 mi

Source: www.rssweather.com