Press Releases
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March 18, 2024
BAR and GALMLS Press Release Regarding NAR Settlement
BIRMINGHAM, AL, March 18, 2024—The Birmingham Association of REALTORS® (BAR) and the Greater Alabama MLS (GALMLS), through extensive planning, are fully prepared to make necessary changes to comply with the Sitzer-Burnett settlement.
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February 16, 2024
Celebrate the first Black American President of AAR-Senia Johnson
BAR proudly recognizes the groundbreaking achievement of member, Senia Johnson, the first Black American elected as the President of the Alabama Association of REALTORS® n its more than 100-year history.
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January 19, 2024
Birmingham REALTORS® & Greater Alabama MLS Unveil 2024 Leadership
In a landmark occasion on January 19, 2024, BAR and GALMLS held their Inaugural Event, marking the installation of the 2024 Officers and Directors.
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June 17, 2023
NAR Placemaking Grant Awarded to City of Clanton
BAR Awards $7,500 for Iconic Monument in Clanton's Downtown Revitalization
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April 12, 2023
Forewarn Partners with Greater Alabama MLS
Greater Alabama MLS has contracted to make FOREWARN® services available for the 6,000+ members they serve
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April 3, 2023
Fair Housing Month
The Birmingham Association of REALTORS® announces 2023 Fair Housing Month Proclamation Tour
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March 7, 2023
RE-Target is here!
Birmingham Association of REALTORS®, Greater Alabama MLS to roll out RE-Target® on Paragon to grow engagement, affiliate benefits
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February 23, 2023
BCX Relaunch is here!
The Birmingham Association of REALTORS® and Greater Alabama MLS are proud to announce the relaunch of the Birmingham Commercial Exchange. The newly enhanced commercial search platform in Greater Birmingham is powered by Moody Analytics and Catylist.
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August 17, 2021
The Birmingham Association of REALTORS® Announces Endorsements
The Birmingham Association of REALTORS® (BAR) has endorsed candidates for the Birmingham municipal election on Aug. 24. The list includes candidates for Mayor of Birmingham, City Council, and the Board of Education. The candidates endorsed exhibit a commitment to homeownership, private property rights, fair and attainable housing, and a strong economy.
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July 23, 2021
2021 Global Business Summit
Businesses in Alabama are making an impact at the local, national, international, and global levels. Make connections and get ahead in the business world by learning from professionals leaving behind an economic footprint. Sponsored by Amazon and brought to you by the Birmingham Association of REALTORS® and Central Alabama Global Alliance, the Global Business Summit is taking place Tuesday, July 27, from 1:00PM-4:30PM, at the Wynfrey Hotel in Hoover, Alabama.
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April 14, 2021
Pathway to Home Ownership: Fair Housing Summit
The Birmingham Association of REALTORS® is recognizing Fair Housing Month this April by hosting a Fair Housing Summit, Friday, April 16, from 6:00 PM to 8:00 PM, at the Birmingham Botanical Gardens. In partnership with the Birmingham City Council, this event will kick off the Magic City Classic. Participants can attend in-person or virtually through a live feed on the Birmingham City Council’s Facebook page.
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December 15, 2020
Residential Market Report – November 2020
BIRMINGHAM, Ala. - More Records for 2020 and Covid-19 Initiated Shifts in the Housing Market. Over 15,000 homes in Central Alabama have sold since the start of the Coronavirus Pandemic in March of this year. Showings are up 29% from the same time last year when it's typically a slow time of year for buying activity…
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November 17, 2020
City of Birmingham Proclaims Nov. 17th REALTOR® Day
BIRMINGHAM, Ala. – Today, the Birmingham Association of REALTORS® was honored by the City of Birmingham as Essential Workers through a Proclamation from the City Council, the first-ever City of Birmingham REALTOR® DAY Celebration.
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November 12, 2020
Partnership between North & Central Alabama Home Listing Service
BIRMINGHAM, Ala. - Today, a historic partnership between two of Alabama’s largest Multiple Listing Services (MLS) took a final step when data sharing went live between ValleyMLS.com and LiveInAlabama.com powered by Greater Alabama MLS (GAMLS).
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November 10, 2020
Residential Market Report – October 2020
BIRMINGHAM, Ala. - Seller-Friendly Market Expected to Continue. The winter months typically see a slowdown in existing home sales. However, the continuous record-low mortgage interest rates are extending the home purchase season. Mortgage purchase applications increased by 23.5% in October compared to this time last year. It’s shaping up to be one of the best winter sales years ever, with seller-friendly trends like rising home prices and quick-selling homes.
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October 20, 2020
As the Pandemic Continues, Here's What You Need to Know About Buy
BIRMINGHAM, Ala. - Although the COVID-19 pandemic initially delayed real estate transactions for some people, the housing market in Central Alabama is showing strength and resiliency unimaged earlier this spring. It’s critical to understand the pandemic’s impact on real estate, from simply touring a home to the ability to close transactions.
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October 7, 2020
Residential Market Report – September 2020
BIRMINGHAM, Ala. – Average Home Price Hits a New High for 2020 It’s still a seller’s market in the Central Alabama home market, and REALTORS® expect the trend to continue according to market indicators. In September, the average sales price jumped to a new high of $284,707 for 2020, which is an increase of 17.67% YTD. The southern states saw the highest price appreciation nationwide, with a 12.3% annual gain. Existing home inventory remains low as total active listings are down 15.68% YTD.
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September 11, 2020
Residential Market Report – August 2020
BIRMINGHAM, Ala. -“Back-to-School Time” Has Little Effect On Home Sales. As students head back-to-school in August each year, we typically see a significant slowdown in the number of new listings, sales, and showings. This year, the residential real estate market in Central Alabama continues to charge forward as buyers aim to take advantage of the continued low mortgage interest rates. Traditionally, showings drop off by 15-20% in August, but not in 2020. ShowingTime recorded a 40% increase, YoY.
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August 10, 2020
Residential Market Report – July 2020
BIRMINGHAM, Ala. - It's a Hot Market- Remote-Working Affects Home Buyer Behaviors. The housing market is in full recovery from the COVID-19 pandemic and is hotter now than it was a year ago. New listings, prices, and pending and closed sales remained the same month-over-month from June, but buyers shopped and purchased with a sense of urgency in July.
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July 9, 2020
Residential Market Report – June 2020
BIRMINGHAM, Ala. - YTD - Closed Sales Up 32%, Listing Prices Up 14% & Inventory Down 27%. In June, buyers purchased homes faster than they came on the market. BAR and GALMLS provide home sales data for the Central Alabama market, including Jefferson, Shelby, Talladega, Coosa, St. Clair, Blount, Bibb, Chilton, Calhoun, Clay, Cleburne, and Randolph counties.
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June 3, 2020
Residential Market Report – May 2020
BIRMINGHAM, Ala. - 16% Increase In New Listings But Pending Sales Outpaced Active Listings. With homeowners emerging from COVID-19, the market saw a 16% increase in new listings of existing homes since the end of April 2020. However, buyers purchased homes faster than they came on the market. At the end of May, Central Alabama saw the number of pending sales exceed active listings by 5.5%. Pending sales totaled 2,692, and active listings totaled 2,548.
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May 7, 2020
Realtors Report That 77% of Potential Home Sellers are Preparing
BIRIMINGHAM, Ala. – More than 3 in 4 potential sellers – 77% – are preparing to sell their homes following the end of stay-at-home orders, with half completing do-it-yourself home improvement projects, according to a new survey from the National Association of Realtors®.
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May 5, 2020
Residential Market Report – April 2020
BIRMINGHAM, Ala. – Efforts Pay Off in Real Estate Industry; Inventory is Down but Showings & Prices are Up. As expected, the market saw a 27% decrease in the number of new listings of existing homes in April. But buyers were out and eager to purchase as evident from the 11.4% increase in the absorption rate. The month closed with a 20% increase in weekly showings and a 9.7% increase in listing price in the Central Alabama market compared to this time last year.
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April 17, 2020
Top Producers In Commercial Real Estate Receive Awards for 2019
BIRMINGHAM, Ala. – From acquisitions to development to property management, the commercial real estate professionals of the Greater Birmingham Area were hard at work selling and leasing all sectors of the industry in 2019.
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April 2, 2020
Residential Market Report – March 2020
BIRMINGHAM, Ala. - COVID-19 will Begin Showing Its Effect In The 2nd Quarter as the 1st Quarter Finished Soundly. As the 1st Quarter closes, residential real estate sales are not far off from this time last year. However, the effect of the COVID-19 virus will begin to show in the 2nd Quarter, as the market starts to see a reduction in sales activities
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February 7, 2020
Residential Market Report – January 2020
BIRMINGHAM, Ala. – 38% Drop In Home Inventory Reflected In 9.8% Listing Price Increase Central Alabama. Numbers for January 2020 indicate there were 852 homes sold in the Central Alabama residential real estate market; this is an 11.2% increase from 766 closings reported for the same period in 2019.
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