Alabama Real Estate Confidence Index (ARECI)
About the Alabama Real Estate Confidence Index (ARECI) and Survey:
The survey, which reflects the pulse of the residential and commercial real estate industry in the state, is conducted quarterly by the Alabama Center For Real Estate. It has the largest participation of any Real Estate Survey and provides important market insights. By comparing expectations with current conditions on a quarterly basis, the results provide accurate information on trends for the purpose of forecasting business objectives that pertain to real estate.
The ACRE Leadership Council determined the need for a statewide industry confidence index and this was adopted as the Council’s first initiative in 2010. The mission of the ACRE Leadership Council is to focus on long-term growth and development of the center and to provide insight and counsel on current market trends and future areas of concentration, while consulting and networking with industry peers to promote ACRE and its services and programs to Alabama’s real estate community.
Tom Brander, Council Member, was selected by the Council and Grayson Glaze, ACRE Executive Director, to spearhead and work with the Center to conduct and produce its Alabama Real Estate Confidence Index (ARECI). The Council appreciates Tom's tireless efforts and everyone who has participated to date.