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Alabama Economy Catching Up

Wednesday, January 3, 2007
by The Hat Team

A new report released by the Federal Reserve Bank of Atlanta shows Alabama's economy in 2006 brought the state's per capita income to 86 percent of the national average...the highest reading on record.

Other good news for 2006 was a 3.6 percent unemployment rate which is the lowest in thirty years, an expanded employment base of 1.5 percent and a bright outlook for 2007 with Kia Motors building a new plant in western Georgia.

A strong economy correlates to a strong real estate market, making 2007 a great time to buy or sell a home in Montgomery! Contact us for all your Montgomery real estate needs in 2007.

 

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Retail Development Booms In Montgomery

Monday, December 11, 2006
by The Hat Team

Retail development is booming in Montgomery and central Alabama. Building permits for Wal-mart, Target, and Bass Pro Shops, to name a few are in billions of dollars. Two medical center projects are also in the works – a $2.5 million building permit for the Montgomery Cancer Center and a $2.7 million building permit for the 21,000-plus square-foot Montgomery Cardiovascular facility.

Where there is building going on, there are jobs created and job creation causes home sales to increase. All good news for Montgomery residents!

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Displaying blog entries 421-422 of 422

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