MONTGOMERY, Ala. (WSFA) – If you are in the market to buy or sell, this may be a good time. The Alabama Association of Realtors says it continues to see strong performance in the state’s housing market.
“The July numbers were excellent,” said Jeremy Walker, Chief Executive Officer for the Alabama Association of Realtors.
Walker says July marked 6 months of growth for the Alabama housing market. That shows a strong economy here in the state.
“Our unemployment rate is one of the lowest in the country, which is huge for us. I think more and more people continue to move into our state from other parts of the country,” said Walker.
Walker says a drop in interest rates also played a role in the increase in home sales.
“We had a lot of buyers that were on the sidelines. I think you’re seeing that in the data that they moved from …