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REAL ESTATE 2006
MONEY Magazine: Latest forecasts. Financing strategies. Renovation tips.
MONEY Magazine
Tuscaloosa
Population: 192,034
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Market forecast (June 2006-2007) 5.8%
5-year historical change (2001–2005): 28.0%
5-year historical change, average annual: 5.1%
Change last year: 8.8%
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM  

Median home value: $142,787
Median family income: $49,500
Median home value to median family income: 2.9

Worst historical decline: -1.9%
Last peak at beginning of decline: 1990:Q2
Last trough of decline: 1990:Q3

More places in Alabama
Metro area Market forecast (June 2006-June 2007)
Anniston-Oxford 5.6%
Auburn-Opelika 3.3%
Birmingham-Hoover 4.8%
Decatur 6.4%
Dothan 6.0%
Florence-Muscle Shoals 6.8%
Gadsden 5.7%
Huntsville 5.7%
Mobile 5.5%
Montgomery 6.1%
Tuscaloosa 5.8%

Sources:
Population: U.S. Census Bureau, 2000
Median Family Income: U.S. Department of Housing and Development, 2005
Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005
Historical change: Fiserv Lending Solutions, OFHEO, 2001 – 2005
Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 – June 2007


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