Sunday, September 23, 2007

Birmingham Alabama Strong Housing Market and Strong Economy


I was reading a short article in the Birmingham News this week by Roy Williams and found out that we are becoming a bigger blip on the radar, and for good reasons.


Ed Finn was in town this week as a keynote speaker in a UAB and Merrill Lynch Lecture Series. Now, of you are like me you are asking, and? who is Ed Finn? Ed Finn is the editor of Barron's magazine and the editorial director of SmartMoney magazine. So, he probably knows a little bit about what he is talking about.


So, what did Ed Finn say other than Birmingham has one of the strongest economies and housing markets in the country. He also stated, "The entire state of Alabama is doing well, Alabama and Birmingham are benefiting from a growth in high-paying jobs..."


Finn also noted that Birmingham, as well as, Huntsville and Montgomery, have very undervalued housing markets compared to many other big cities across the nation. Also, Finn stated, "When CEO's look for cities to move in, they want places where houses are affordable."

It looks like Birmingham and Alabama is a great place to live and a great place to work.

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