Brands Trends and Statistics 2018-2019

In this section you will learn about the main factors that make Birmingham one of the most popular real estate markets for 2019, including: affordable apartment values, passive income and stability. Investigate the housing, population and employment market trends in Birmingham in the tabs for more information.

Note: This page was updated for quality and accuracy on November 16, 2018.

Sources of information :

• https://factfinder.census.gov/
• https://www.deptofnumbers.com/employment/new-mexico/albuquerque/
• https://www.zillow.com/albuquerque-metro-nm_r394312/home-values/
• Real Affiliate Data of a Real Wealth Network

Home values ​​in Birmingham are cheaper than many other real estate markets in the US today

• The median price of the average 3-bedroom home in Birmingham was $ 100,000 in January 2018. That’s 51% less than the median value nationwide. As of September 2018, three-bedroom home values ​​had risen to a median of $ 108,000, which is 47% less than the national average.
• In neighborhoods where members of the Wealth Real network invest home values ​​ranging from about $ 80,000 to $ 160,000. This is a median price of $ 110,000 which is 45% less than the average home with 3 bedrooms nationwide.
• This shows us that real estate in Birmingham is uniquely cheap, but it may not happen in the long run.

The median rent for the purchase price of homes in Birmingham is higher than more expensive U.S. cities.

• This shows us that it is possible to generate passive monthly cash flow in Birmingham in relation to rent per purchase significantly higher than the national average.
• In January 2018, the average monthly rent of a three-bedroom home in the United States was $ 3, which is 1,427% of the median purchase price of $ 0.71.
• The average monthly rent of a 3-bedroom home in Birmingham is $ 995, which is over 1.00% of the median purchase price of $ 100,000.
• In neighborhoods where members of the Wealth Real network invest, the median monthly rent for real prison assets is $ 1,099. This is also 1.00% of the median purchase price of $ 110,000.

Birmingham's real estate market is more stable than many other markets in the US, which probably makes investing here less risky.

• Over the past six years, the average 3-bedroom family home in the Birmingham Metro has been estimated at a fixed rate of 0.82% per annum.
• In the specific neighborhoods in which members of the Wealth Real network invest, the rate of appreciation for seven years is slightly higher - 0.92% per year.

Rents in Birmingham are rising faster than the national average

Birmingham is experiencing consistent growth from year to year

• Since 2010 the population of Birmingham has grown at a steady rate of 0.26%.
• The total population growth during this period was 1.85%, which is about 65% slower than the national average.

In recent decades, Birmingham has undergone a major renaissance and has become a hub for advertising, medical research, banking, construction and services companies. The major private companies in the city include O'Neal Industries, EBSCO Industries, Drummond Co., Inc. And Brasfield & Gorrie, LLC.

Between August 2017 and August 2018 the number of jobs at the Birmingham Metro increased by 1.24%.

This shows us that Birmingham is experiencing consistent growth from year to year. And while this growth is not amazing, it is another indicator that Birmingham's real estate market will continue to be stable in the coming years.

Birmingham pays off

• The average apartment prices in Birmingham are still lower than national levels, which means that the investment here is cheaper than many other cities in the US today.
• The median price of a fully renovated 3-bedroom real-estate property ranges from $ 80,000 to $ 160,000, which is about 45% lower than home values ​​nationwide.

Birmingham is flowing cash

• Single-family homes in Birmingham can rent more than 1% of the purchase price, which means there is a strong cash flow opportunity here.
• The median rent of a real renovated property with 3 bedrooms ס is $ 1,099, which is 1.00% of the median purchase price.

Birmingham is stable

• Birmingham is not experiencing wild changes or changes in depreciation, making it more stable than many other cities in the U.S. today. This means that investing here is probably less risky than many other marketers as well.

Birmingham is growing steadily

• Over the past 6 years, Birmingham has experienced an increase in population as well as an increase in employment at a steady annual rate. This is a good sign that this market will continue to be stable for many years to come.