Morris
Real Estate
Birmingham’s Daniel Corp. breaks ground on luxury Charlotte apartment complex
Birmingham-based Daniel Corp. has begun construction on a 241-unit luxury apartment development in uptown Charlotte. N.C. Located on North Graham Street, the development site is walkable to Uptown’s Central Business District. The project sits just inside the Historic Fourth Ward, and Daniel plans to incorporate the former Fourth Ward Bread Co. building into the design in keeping with the neighborhood’s character.
Former Golden Flake site sells for $6 million: Birmingham property set for redevelopment
A Chattanooga-based investment group has bought the former Golden Flake property in Birmingham and has plans to redevelop it into warehouse and retail space. The Factory at Golden Flake, located on Golden Flake Drive, was once the home to the well-known snack factory that closed last July. The property, which...
Comeback Town: We moved to downtown Birmingham and it is awesome
Today’s guest columnist is Jimmy Krell. Some folks may have thought we were nuts, but my wife and I moved to downtown Birmingham and we couldn’t be happier. Not only that, but my partners and I moved our dermatology practice to downtown. This has been one of the...
The 10 Top Cities for First-Time Homebuyers, According to Zillow
First-time homebuyers are becoming one of the largest segments of the real estate market, making up half of all buyers in 2023. While this demographic continues to grow, though, it is forced to reckon with an expensive housing market that does not necessarily favor them. When interest rates do eventually...
Zillow ranks Birmingham in nation’s top 10 markets for first-time homebuyers
Zillow has ranked Birmingham one of the top 10 markets for first-time homebuyers. Birmingham ranked 8th, behind St. Louis, Detroit, Minneapolis, Indianapolis, Austin, Pittsburgh and San Antonio. Kansas City and Baltimore rounded out the top 10. These were some of the key statistics for Birmingham:. Home Buying Age Households As...
Landing acquires Barsala housing tech firm for $30 million
Birmingham’s Landing has acquired Barsala, a flexible housing tech firm, for $30 million, the company announced today. Founded in Seattle in 2016, Barsala operates more than 4,000 fully-furnished housing units across 25 markets. According to a news release, Landing’s acquisition will add more than 1,000 units across 11 markets...
Regions Bank Names Katie Such as head of Affordable Housing as Rob Chiles Announces Retirement
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Mar 27, 2024-- Regions Bank on Wednesday announced experienced financial services leader Katie Such has been elevated to serve as head of Regions Affordable Housing. Such succeeds Rob Chiles, who is retiring after 35 years in the financial services industry, including over 15 years with Regions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240327719034/en/ Regions Bank is announcing experienced financial services leader Katie Such has been elevated to serve as head of Regions Affordable Housing. (Photo: Business Wire)
Will the recent NAR settlement make things better or worse for the housing market?
Some sources say future Birmingham homebuyers could save thousands as the result of a recent settlement made by the National Association of Realtors (NAR). But local realtors question whether the settlement could actually make the early stages of purchasing a home more difficult, especially for middle class shoppers. “The current...
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