Alabama ranks third for the highest average credit card debt in the nation for the fourth quarter of 2009, according to TransUnion?s quarterly analysis of trends in the credit card industry.
A report released Tuesday said 11 percent of residential mortgages in the Birmingham area were in negative equity by the fourth quarter of last year, a major concern for the market despite a forecasted rise in home prices.
Bayer Properties said it recently finalized a deal to handle the leasing of five properties for Birmingham?s MAP Development LLC, totaling 340,000 square feet.
