News from the South - Alabama News Feed
Local realtors weigh in on how the Fed's interest rate cut could impact the housing market
SUMMARY: Tonight’s focus is on the Federal Reserve’s first interest rate cut in four years and its expected impact on the housing market. In the week leading up to the cut, mortgage applications surged by 14.2%. Local realtor Patrick Warren notes that this rise is beneficial for sellers and may boost buyers’ confidence in making purchases. However, he emphasizes that individual circumstances will dictate the decision to buy. Additionally, Alabama is set to implement a property tax cap starting next month, as reported by the Alabama Association of Realtors, which will limit yearly property taxes.
Local realtors weigh in on how the Fed’s interest rate cut could impact the housing market
Subscribe to WVTM on YouTube now for more: https://bit.ly/2jvAaUD
Get more Birmingham news: http://www.wvtm13.com
Like us: https://www.facebook.com/WVTM13/
Follow us: https://twitter.com/WVTM13
Instagram: https://www.instagram.com/wvtm13/
News from the South - Alabama News Feed
I-565 Widening Project Will Alleviate Traffic Congestion | Sept. 19, 2024 | News 19 at 10 p.m.
SUMMARY: A $29 million project by the Alabama Department of Transportation aims to alleviate traffic congestion on Interstate 565, particularly between County Line Road and Water. Set to begin Sunday night, the project will add a third lane to each roadway, addressing peak hour delays and improving overall traffic flow. Though drivers may experience short-term inconveniences, officials believe the long-term benefits will outweigh the drawbacks. With approximately 70,000 vehicles using this section daily, the initiative is deemed crucial as Huntsville and surrounding areas continue to grow. There will be evening lane closures during construction, but no significant impact on the I-565 flyover ramp.
If you’ve traveled westbound on Interstate 565 heading toward Madison, then you’re no stranger to the traffic congestion, but an upcoming project will help change that.
News 19 is North Alabama’s News Leader! We are the CBS affiliate in North Alabama and the Tennessee Valley since November 28, 1963.
https://whnt.com/
https://www.facebook.com/whntnews19
https://www.instagram.com/whntnews19/
https://twitter.com/whnt
News from the South - Alabama News Feed
Foley approves $85M budget to keep up with city's growth
SUMMARY: Foley has approved an $85 million budget aimed at facilitating the city‘s growth, as reported by WKRG News 5’s Taylor Boyon. Key projects include a $16 million Public Works facility, a $20 million library and community center, and $5 million for improvements on Foley Beach Express. The budget also prioritizes public safety enhancements, with plans for additional fire stations and increased police department funding. The city will use a recently received safety grant to purchase $500,000 worth of equipment. More than $1 million will be allocated for renovations at the Foley fire station, including staffing increases and 10 new police cars.
To cope with the demands that come along with being one of Alabama’s fastest-growing cities, Foley is planning some major projects following budget approval.
FULL STORY: https://trib.al/SzmkJMs
News from the South - Alabama News Feed
$10 million in funding to be used for safety improvements on Escambia County roads
SUMMARY: Northwest Florida will receive $10 million in funding to address traffic safety on Fairfield Drive and Pensacola Boulevard in Escambia County, where accidents have become a significant concern. The Emerald Coast Regional Council, partnering with Escambia County, plans to implement improvements such as better crosswalks and lighting in response to nearly 2,000 crashes on Fairfield Drive and over 550 on Pensacola Boulevard between 2019 and 2023. Many of these incidents occurred in low-light conditions. Construction is set to begin in summer 2025 and is expected to conclude by summer 2026, aiming to enhance safety for both vehicles and pedestrians.
$10 million in funding from the U.S. Department of Transportation is coming to Northwest Florida to help reduce traffic deaths on two roads in Escambia County.
FULL STORY: https://trib.al/1YaJZZy
-
Mississippi News Video7 days ago
Woman arrested after reposting school threat in Calhoun County
-
Mississippi Today4 days ago
On this day in 1925
-
News from the South - Louisiana News Feed7 days ago
Food drive underway for Hurricane Francine victims in Kenner
-
News from the South - Alabama News Feed3 days ago
Diddy Arrested In Manhattan | September 16, 2024 | News 19 at 10 p.m.
-
News from the South - Kentucky News Feed6 days ago
The search for Joseph Couch intensifies
-
News from the South - Alabama News Feed6 days ago
Sylacauga Church welcomes Haitian migrants amid speculations
-
Mississippi Today4 days ago
Another Midwest drought is causing transportation headaches on the Mississippi River
-
News from the South - Georgia News Feed3 days ago
GA woman released from prison 20+ years after killing alleged abuser