Economic Snapshot Overview by Dr. Reid Cummings - February 2018
Greetings, and welcome to the February 2018 Mobile Bay Economic Snapshot.
This month, we recap the year in real estate, contrasting 2017 market activity with the previous year. Based solely upon number of units sold and total transaction values, one could reasonably say that overall, markets on both sides of the Bay were slightly less robust in 2017 than in 2016. Yet upon closer inspection, the numbers point to a rather interesting, more upbeat side of the story--a silver lining, if you will.
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