According to the Alabama Center for Real Estate's latest affordability index, homes in the county were 3.16 percent less affordable in the first quarter of the year compared to the fourth quarter last year.
County unemployment rate dips to 6.5 percent in April According to the Alabama Department of Labor, the county's unemployment rate decreased to 6.5 percent in April from 7.1 percent in March. The decrease was due to a gain of 645 employed workers between the two months.
Low rates bring rise in mortgage refinancing A growing number of homeowners are starting over on their mortgage loans, attracted by low interest rates, and in some cases spurred by concern that those rates could soon rise. The rush to refinance is boosting business for banks and credit unions, local financial experts say.
Gadsden State hosts confidence vote on school president More than 300 Gadsden State Community College employees voted Wednesday that they have no confidence in the leadership of school president Raymond Staats following complaints made in the past year regarding spending and hiring at the institution.
Anniston Chemical Activity closing ceremony held More than 50 retired and current Anniston Chemical Activity employees and officials who attended the closing ceremony of the agency Tuesday at Anniston Army Depot. The event included the retiring of the agency's flag, a gesture symbolizing the closure.
Alabama has experienced several weeks of cool temperatures and excessive rainfall, which has oversaturated the soil and slowed farming across the state, resulting in below-average yields, agriculture experts say.
Honda Manufacturing of Alabama in Lincoln began production of the 2014 Acura MDX luxury SUV Thursday, adding to the three models already produced there. The new vehicle means hundreds more jobs and further economic stability for the area.
Ford Boswell, communications manager for the Alabama Trucking Association, agreed that the improving economy is driving the demand for more truckers. “There is a definite need for drivers ... the pool is not there,” Boswell said.
Two years have passed since the tornado struck and the community has recoverd through the help of many volunteers, businesses and nonprofits. To celebrate that achievement, hundreds of people turned out in Jacksonville Saturday to participate in the first Whirlwind of Color 5K.
More than 500 undergraduates earned their diplomas from JSU on Friday. Based on averages from the federal College Affordability and Transparency Center, those students owe in aggregate a total of about about $25.56 million to lenders for their education.
The U.S. Senate on Monday voted to take up for debate and amendment the Marketplace Fairness Act, a bill that would close a loophole in federal law, allowing states to collect sales taxes on Internet purchases, regardless of where the retailer is located.
Calhoun County in the first three months of this year had its best first quarter of home sales since 2007, a strong sign that the area housing market has recovered considerably since the economic recession, experts said.