Listen to today’s “Down in Alabama” podcast episode for a discussion about Trump’s tariffs and what they mean for Alabama.
The cost of homeownership
They keep telling us how cheap it is to own a home in Alabama. And relatively speaking, by the numbers you can see, that’s true.
Ramsey Archibald of Al.com reports that a typical Alabama home is valued at $223,000. This is based on Zillow’s data.
This $223,000 is the eighth cheapest in the US, and is cheaper to buy a home in Iowa, Kentucky, Arkansas, Oklahoma, Louisiana, Mississippi and West Virginia.
That doesn’t mean you and I haven’t taken prices from some regions.
Ramsey found out that Paul Feinbaum’s new home, Mountain Brook (as I have to choose someone), boasts a typical detached house value of around $936,000.
That’s what we call “typical” prices for the entire city, not high-end value.
No one is close to Mountain Brook. But in the distance, Orange Beach is just over $685,000.
It then follows Town Equality on Lake Martin, Indian Springs Village in Shelby County, Jackson’s Gap, Vestavia Hills and Homewood.
All of these cities are above the $500,000 mark.
Defense and space money
For businesses involved in launching highly sensitive rockets, that means large jobs and a lot of money. According to John R. Roby of Al.com.
United Launch Alliance and Blue Origin received $13.6 billion in contract stake by 2029. These two companies build rocket engines and assemble space vehicles in Huntsville and Decatur.
SpaceX also plays a major role in this transaction.
This program is called National Security Space Release. Funding the launch of satellites for national security purposes.
As we spoke about John when he was on the show in February, the US space forces are bolstering its operations, which means a big job for the large defense and space companies in North Alabama.
United Launch Alliance is a joint venture that includes Boeing and Lockheed-Martin. He was awarded $5.3 billion for flights 19. Blue Origin received $2.4 billion for seven launches.
Buffalo Rock Lump
William Thornton of Al.com reports that the iconic Birmingham brand has sold part of its business.
Buffalo Rock has sold its full-line vending work to a five-star Breaktime Solution and other dining room franchises.
These vending operations are located at 7,600 locations in the 700 micro market in the Florida Panhandle, Alabama, Georgia.
Buffalo Lock still has Pepsi and Dr. Keurig pepper bottling operations. The company’s leadership says the move will allow them to focus on their drinks.
Buffalo Rock was founded in 1901 and is a company that brought popular Southern soft drink brands Grapico and Buffalo Rock Ginger Ale.
More Alabama News
Born on this day
In 1977, Auburn’s computer engineer Mark Spencer.
Podcasts
