Alabama’s home sales remain down in December, seasonal and economic factors to boost rebound

According to the Alabama Association of Realtors, Alabama’s housing market in December saw home sales remain down. The organization did report, however, that a variety of approaching seasonal and economic changes suggest that sales are likely to pick up within the coming months. “With holiday travel, gift buying, and various celebrations taking place, home sales across the nation traditionally decline during December,” said Senia Johnson, 2024 President of Alabama REALTORS. “But our economists have noted that the three essential ingredients for rebound – declining mortgage rates, ample supply, and the seasonal Spring weather thaw – await us in the near term.” To continue reading the rest of the article, please click on the source link below:   https://yellowhammernews.com/alabamas-home-sales-remain-down-in-december-seasonal-and-economic-factors-to-boost-rebound/