Back in the 1960s, when Birmingham was at the center of the Civil Rights movement (and not in a good way), nobody would have projected that the city would be where it is today – thriving.
The city has moved from its not-so-great past to an incredible city with active nightlife, beautiful city views, and urban appeal. In fact, one of the best things about living in or visiting Birmingham is the amazing food and nationally-known chefs that have decided to call Birmingham “home.”
Furthermore, the city is growing with its new baseball stadium for its minor league team – the Birmingham Barons – and the planned housing developments nearby.
In short, Birmingham is a relatively progressive city that is flourishing and is therefore becoming an interest to investors and families alike.
In addition to the variety of things that continues to draw people to the city, Birmingham’s real estate market is picking up with rising home sales and increasing home prices – as the city recovers from the real estate market crash that affected the entire country.
However, there are still great Birmingham investment properties that are ideal for those looking to purchase income properties and turn them into Birmingham, AL rental homes. With the University of Alabama at Birmingham and several other colleges nearby, there is always a demand for rental properties.
With the still-low home prices and appealing mortgage rates, now is a great time to find affordable investment properties, especially since home prices are expected to continue to rise throughout the future.
If you have a Birmingham rental property but you are not interested in being a landlord, then turn to gkhouses.com. Allow us to manage your property so you can focus your efforts on doing what you love. Call 205.940.6363 today to learn more about how Birmingham, AL property managers can help you.
Matthew is the CEO of Evernest. He is a student of the book Good to Great and is passionate about building the best property management company on the planet (and maybe even the universe if Elon Musk will hurry up). You can usually find Matthew at the baseball field with his son, at a dance recital with his daughter, or at his favorite restaurant with his wife, when he’s not in the office. And if you can’t find him in any of those places, it probably means he’s traveling.