Does University Of Alabama Football Receive State Or Federal Money Are Tuscaloosa Houses Still a Good Investment?

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Are Tuscaloosa Houses Still a Good Investment?

At the time of writing, property markets in many parts of the US and indeed the rest of the world are looking pretty depressed. So it’s understandable if you’re worried about buying your dream home in Tuscaloosa, Alabama. Even with real estate, some areas are hit harder than others and you always have to consider each real estate’s potential on its own merits. If you’re considering buying a home in Tuscaloosa, the good news is that the area is still attractive and likely to remain a good investment.

Tuscaloosa is perhaps best known for the University of Alabama, but also for the first North American Mercedes plant. Yet, it is the university that is the strongest driving cultural and economic force in the country. University towns often weather recessions better, as students bring commerce, ideas and demand for safe, affordable housing. The University of Alabama has been expanding for years and shows no signs of slowing down considering the recent national football championship. Even outside the main campus area there is still steady demand.

Mercedes-Benz has recently expanded its base of operations and is creating employment for locals and non-residents alike. Although smaller, the Tuscaloosa Airport is still capable of serving businesses that require air transportation. Both have a positive impact on the market in Tuscaloosa.

So, yes, Tuscaloosa homes are still a good investment and show no real signs of slowing down. Of course, as with any major financial decision, it’s a good idea to seek expert advice and be sure to use a good real estate agent. It is said that only 10% of real estate agents make 90% of sales. Is it good or bad? You definitely want a real estate agent that meets your needs and where you are not just another name in the contact book. Referrals are a great way to find an agent, which is how the best real estate agents get business, so ask friends, family and colleagues. You can also go to open houses and get to know real estate agents in person first.

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