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Birmingham Real Estate Market Update for September 2011

Alabama Real Estate Market Trends has published their update on the Birmingham real estate market for September 2011.

The headline is that home sales for the year-to-date are down about 3% versus last year, although this is decent considering the major tax credit that was available last year.

The market for house sellers remains distressed, particularly for sellers of used homes.

The average days-on-market for used homes (the average time for sale before someone buys) remains at just under 5 months.

You can read more in the original article here.




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