Latest State Housing Reports now Available at UA Center’s Web site

TUSCALOOSA, Ala. — There were 3,129 homes sold in Alabama in April 2009, a small drop from the 3,209 sold in March.

But permits for the construction of new homes show an increase of 13.2 percent from March to April, and the first quarter of 2009 Housing Affordability Index for Alabama stood at 210.4, a significant increase over the fourth quarter of 2008.

The latest detailed reports on the state’s housing picture are now posted and available at The University of Alabama’s Center for Real Estate Web site. The address for the site is http://acre.cba.ua.edu/housing_report.php

Also available is the new construction statistics which can be found at http://acre.cba.ua.edu/construction_statistics.php, as well as the Housing Affordability Index which is at http://acre.cba.ua.edu/affordability_index.php

UA’s Center, known as ACRE, teams with the Home Builders Association of Alabama to collect, analyze, store and disseminate the monthly report on the state’s home building industry.

Since 1999, ACRE has partnered with the Alabama Association of REALTORS  and continues to produce monthly reports that provide useful information associated with existing home sales and housing affordability, said Grayson Glaze, executive director of ACRE.  The reports are released to coincide as closely as possible with the release of national housing data, Glaze said.