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Alabama is considered a stereotypical “Southern” state with undeniable real estate surprises. The Real Estate prices in this state are reasonably affordable when compared to other states. An average home in Alabama costs around $190,000. The Feds reported a stall on short-term interest rates which have remained at the same rate of 5.25% since last June. Other areas of the State may suffer some cooling in the Real Estate growth and in fact a decline of 19% in housing starts… in Huntsville, Alabama it has remained very stable. According to BizJournals.com, it has named Huntsville, Alabama as # 1 on its Top 10 Hotspots list. The award was based on Huntsville's blend of comfortable lifestyle, warm weather, population and many other factors. Huntsville, Alabama is a thriving city with projected land development of 38% by 2010. Whether you are an investor or homeowner, Huntsville can deliver promising job opportunities, first-rate education, affordable costs of living and a stable real estate marketplace. Submitted By: Jake Larson
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