Housing Market

Tax Bills Increase for Many in Jefferson County

The former AT&T City Center, a vacant skyscraper in downtown Birmingham, will have a property tax bill about half a million dollars more than last year's. It's one of many properties, including homes, that can expect to pay more in taxes this year.

Millennials Want to buy Homes but Face Challenges

There’s this persistent idea that millennials don’t want to buy homes. While that’s not true millennials are approaching the housing market differently.

Regions Part of an Industry Rethink of the Bank Branch

Online banking haven't made the bank branch obsolete, but banks are rethinking how they use their brick-and-mortar locations.

Birmingham’s Evolving Luxury Home Market

Birmingham’s housing market has steadily improved since the recession with some pockets absolutely on fire this year. But there's a segment of housing worth look at more closely – luxury homes. We talk about these homes selling for more than a million dollars in this week's Magic City Marketplace.

Birmingham Housing Market Tilts to Sellers

The housing market is cyclical as are so many things in business. After a housing-led recession and recovery, the Birmingham housing market is becoming a sellers market with far more demand than homes to go around. But the adage "location, location, location" still applies. Birmingham Business Journal editor Ty West explains in this week's Magic City Marketplace.

Improving Birmingham’s Mass Transit

Mass transit is a point of frustration for many Birmingham boosters, who see the bus system as woefully under developed and underfunded. But with the World Games coming to Birmingham in 2021 and the city going after other tourism events, the public transit system gains new importance. We talk about it in this week’s Magic City Marketplace.

Community Involvement in a Possible Return of UAB Football

UAB President Ray Watts is expected announce by June first whether to bring back the university’s football, bowling and rifle programs. It’s a decision that many students and alumni have an interest in. The business community is watching too. We talk about it in this week’s Magic City Marketplace.