Alabama Home Sales Surge in February

0:00Here's more Birmingham news for March 20th. Home sales in Alabama picked up in February thanks to buyers jumping on lower mortgage rates. The latest report from the Alabama Association of Realtors shows 5,028 homes sold that month. Sales rose 5.6% from January, though they lagged behind last February's numbers. Buyers acted fast before rates started climbing again in early March, driven by higher treasury yields tied to tensions in Iran. The state's median home price also climbed to $250,113 that month. Looking ahead, Alabama's housing market heads into spring, with seasonal demand clashing against bigger worries, like inflation, job market jitters, and global unrest, so experts are urging caution. Quick thanks to today's sponsor. See the description for more. Press play. Put your head down. The sound is already there. S-O-L-I-SOLY-PILLOW.com