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2/6/13
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Home prices drop in Decatur
Home prices were mixed in the Valley, according to a recent report, with Decatur-area prices dropping and prices in the Shoals increasing slightly.
In Decatur, according to a CoreLogic report released Tuesday, home prices fell 8.4 percent in December compared to December 2011. Compared to the previous month, Decatur home prices decreased by 0.3 percent in December.
In the Shoals, home prices increased 0.5 percent in December compared to December 2011. Compared to the previous month, home prices in the Shoals dropped 0.3 percent in December.
Excluding distressed sales, Decatur-area home prices fell 1 percent in December compared to December 2011.
Excluding distressed sales, home prices in the Shoals remained the same in December compared to December 2011. On a month-to-month basis, excluding distressed sales, CoreLogic data indicate home prices in the Shoals increased by 0.2 percent in December compared to the previous month.
Home prices nationwide, including distressed sales, increased 8.3 percent in December compared to December 2011. The change was the steepest increase since May 2006 and the 10th consecutive monthly increase in home prices nationally.
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i just saw on Fox that nationwide home prices are going up and starting to sell again. I'm worried about our town.
Our town does not present a good image. 6th avenue, Alabama Farmers Co-op and Al 20 are not the first thing you want visitors to see coming off the bridge. As soon as they see alll that heavy industry, gas stations and title and loans and how patheticly trashed out it looks they keep going.
Madison and Huntsville will always be choice numbers 1 & 2, Athens 3rd, and IF we're lucky Decatur MIGHT get a look.
My Grandson (from New Orleans) came to visit during Christmas and he stated " I didn't know Detroit moved here" what does that say?
Oh, and Sunday's Huntsville Times has Decatur listed at #9 on the list of WORST places to live in Alabama.
I know what yall will say next; don't like it move; well I intend to.
Its either not enough jobs or too much industry. You can't have it both ways.