Overview - Birmingham, Alabama
Birmingham is one of the most beautiful cities on the Southern States. Situated in Alabama, Birmingham boasts of a population of more than 200 thousand who are predominantly black at approximately 77% of the total population and about 21% white. The rest would a tiny mix of Asians and Native Americans.
You would like to know that this is the city where Condoleezza Rice lives as
well as the celebrity actress Courtney Cox.
On the downside, this city seems to be in the path of many tornadoes, which
makes life a little scary. Besides the dangers from nature, the crime rate seems
a little high in Birmingham.
Birmingham Real Estate
The cost of living in Birmingham is about 22% less than an average USA city while the per income in this city is about US $18 thousand. The real estate has appreciated during last year by about 8% and it looks like in the coming years it would continue to appreciate.
The cost of a regular home is well below the average of the cost of a home in USA at US $ 98 thousand (approx). A large number of people in Birmingham prefer to rent their houses.
How to rent or buy in Birmingham?
The rent in Birmingham is highly affordable at an average US $400-600 per month for which a good number of people prefer to rent rather than buy their homes. At any given time the vacancy rate would be found at about 12%.
In case you want to rent or buy real estate in Birmingham the best would be to contact a good real estate agent who would be able to advise you the bets neighborhoods and the best deals that might not be available to you as a regular person. Expect a clean deal in most cases; nonetheless, it is good if you were watchful about hidden clauses when signing any contract.
Keywords: Birmingham apartments for Rent, Birmingham Real Estate for Sale, Birmingham Homes