Trussville, Alabama Development Land, Hotel, Office, Retail.

Development tract 60+ acres.
DEERFOOT LAND


Retail/Hotel/Office tract.
VALLEY ROAD PARK

Question to Ponder

If I, a taxpayer, now own part of AIG, do I get a dividend check? Does it come from AIG or US Treasury?

Birmingham (Vestavia) Office Building

LOOK HERE NOW.

Great opportunity for an owner/occupant or investor to acquire property in the desirable Vestavia Hills suburb of Birmingham, Alabama.


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Market Share and Market Trends

Using the same data set as in the previous posts. I set up a chart showing the market share of each municipality in new construction starts. The market share of starts is intended to show maturity of the individual municipality.

The other side of the chart shows the annual change in construction starts for the month of July. This part of the graph is intended to show the trend of the municipality.

How would one use a chart like this? I think you would like to match up market maturity (risk avoidance) and trend (market projection). In that light, I like what I see for Fultondale, Mountain Brook, Leeds, City of Birmingham, and possibly Vestavia Hills. In contrast Warrior has positive growth, but little market share and Jefferson County has the largest market share, but also the largest deficit in trending.

I hope this helps you look at the communities of Birmingham in a new light. Let me know how you might use a chart like this.

New Construction Starts In Birmingham MSA

The chart here shows the new construction starts for the Birmingham, Alabama MSA and a month to month percentage change. I believe that new starts can be an indicator of market perception. For instance if developers are increasing new projects one would believe that there is good faith that the marketplace will absorb his or her products. If new projects are down, then one could derive a lack of confidence in the marketplace. Notice in February and March of 2008 positive growth in new construction starts was present followed by a decline for four months.