Month: January 2015

Movoto.com Names Birmingham as ‘Best City in America’ | Birmingham Real Estate


Matthew Whitaker - Friday, January 23, 2015

As Birmingham real estate pros, we’re naturally pretty high on the Magic City metro area as a great place to live.

That’s why we’re so happy to help people find new real estate opportunities in Birmingham – because at the end of the day, it’s a good place to be. Movoto.com, a national real estate directory, tends to agree with us. That’s why they recently named Birmingham as the ‘Best City in America’.

Relying on its extensive database full of research, Movoto ranked cities across the nation based on several categories. They pulled results from several rankings they did previously in 2014, rankings such as Most Caring Cities, Most Boring Cities, and Most Stressed Cities, among others.

They took the results from those rankings – six in total – and found the overall champion among the contenders. Birmingham managed to wind up at the top of the list when it was all said and done.

Out of 100 cities, Birmingham was the eighth most caring city and the 29th least boring city, and had the third-highest state pride. Following Birmingham were Tucson, Arizona, Rochester, New York, and Pittsburgh.

We’ve previously commented on how the Birmingham real estate market is great for renters and owners alike, so it’s no surprise that our area is being recognized by a national entity for being one of the best places to live. We’re just glad Birmingham is getting more recognition for its admirable characteristics and strengths.

Movoto’s rankings were partly done in fun, but from a statistical standpoint, there is a lot to be excited about. The Birmingham real estate market is going strong, according to the latest report, and we anticipate prices will continue to rise throughout the first half of 2015 – leading to another fruitful year for investors.

Previewing ACREcon 2015 | Birmingham Real Estate


Matthew Whitaker - Wednesday, January 21, 2015

The Birmingham real estate market has been humming along nicely over the past year, and has done an admirable job of recovering after the doldrums of the bear market and recession.

Highlighting the current state of real estate in not just Birmingham but the state of Alabama as a whole will be the purpose of ACREcon 2015, to be held on January 30th.

ACREcon, which stands for Alabama Commercial Real Estate Conference & Expo, is heading into its 15th year. This year, the convention will take a look at several emerging trends in the industry in the state of Alabama, starting with the morning keynote address delivered by Anita Kramer, the vice president of the Urban Land Institute Center for Capital Markets.

Some of the emerging trends Kramer will discuss will include the role of Millennials in today’s housing market; the influx of foreign cash into domestic single-family markets; the rise of retail and urban developments in city centers, including downtown multifamily projects; and how Birmingham and other metro areas have withstood some of the more negative trends to have some of the best months in single-family sales since the market started to fall in 2008.

ACREcon 2015 will also cover how economic development in the state has helped drive real estate progress. Several major manufacturers announced projects in Alabama, from Airbus to Remington and Polaris, and as usual, Birmingham continues to further its reputation as a destination for medical and tech companies in the startup phase.

Birmingham real estate benefits from all of these emerging trends, especially when it comes to job creation and quality of life. As more jobs are created, more demand is created for single-family homes – particularly rentals – and an increasing standard of living only helps to raise home prices.

It’ll be interesting to see what insights will come out of ACREcon 2015.