March 5th, 2009
Jefferson County was established in 1819 and is located in the central northern part of the State. The county lies on the iron, coal and limestone belt of the South, and is one of the reasons Birmingham was named as such, after its England counterpart which was the centre of the [...]
February 27th, 2009
Alabama’s foreclosure figures do not make as grim reading as elsewhere in the country but that is not to say they have escaped the foreclosure crisis. Although the State is the 39th hardest hit nationwide, according to a recent survey, and problems are certainly not as dire as Nevada and Las Vegas (who have [...]
February 17th, 2009
In today’s uncertain times, there is one thing that you can be certain of. Some folks are going to make a lot of money and some folks are going to lose a lot of money and many will lose everything they own including their homes.
Every state has specific issues to deal [...]
February 12th, 2009
As one of the highest earning counties in the United States, one would hope that Shelby County was not too badly affected by the foreclosure crisis sweeping the nation, but unfortunately Shelby County is not totally unaffected. The unemployment rate has not quite gone up in line with the rest of the State, which [...]
January 29th, 2009
It is true that Alabama has not suffered as badly as many States across the country, but that is of little consolation to those who have had their homes repossessed in the last months. The figures are up on the preceding month by 15%, but more dramatically by 233% on the year before. [...]
January 22nd, 2009
Although Alabama has not been hit as hard by the foreclosure crisis as many other states, the figures are still up by 15% on last month and up a staggering 233% on the same time last year. In Baldwin County, the focus for reducing the number of foreclosures has been by looking deeper into [...]
January 15th, 2009
Tuscaloosa has not escaped the global economic recession and foreclosure crisis that has sprung out of the sub-prime mortgage fiasco of the summer of 2007. Arcadia Drive is a quiet street in Tuscaloosa and sat, deserted for over two years now is a three bedroom bungalow that was repossessed by the bank after the [...]
December 18th, 2008
The county of Lee was established in 1866 and named after the famous Confederate General, Robert E. Lee. Demographically there are around 50,000 housing units in the county, which is a useful figure when talking about the number of foreclosures that are listed across the area.
RealtyTrac is a California based company which has been [...]
December 16th, 2008
Although the pre-war history of Alabama has been focussed on agriculture as a primary means of income generation, there has been a shift towards more heavy manufacturing and also investment by the government in military installations for the Army and US Navy. Despite Montgomery being the State capital, Birmingham is the largest city by [...]