Earl Martin, general manager of Aronov Realty, says prices will rise the most in new subdivisions on Montgomery's east side, as well as in the small towns along I-85. Other hot spots are bedroom communities like Wetumpka, 15 miles to the north in the so-called river region.
The other pocket seeing a resurgence is Old Cloverdale, a historic neighborhood in the heart of Montgomery where F. Scott Fitzgerald lived during the jazz age. Call it a trickle-down tax effect. After a decade of stagnation, the state government has been on a hiring spree for two years. The oversize public payroll is well represented in Montgomery's center, where about 9,000 state employees work alongside the staffs of 100 different trade associations and lobbying firms.