Watts Happenings: News & Blog

“For those in hotbeds of catastrophic perils, it’s going to be a rough year.” That’s how Chip Stuart, the North American practice leader for Hub Real Estate Specialties, summed up what’s ahead for property risk management in 2023.Hub predicts that in...

Despite staunch opposition from the multifamily industry, rent control is unquestionably gaining traction. In 2022, rent regulation emerged a clear winner in municipalities around the country. The apartment sector faces an intensified challenge of articulating the case against re...

Turkey delivery from Piggy Wiggly this morning!  We all saw on the news that more and more turkey giveaways are happening around town.  That is awesome. Watts Realty continues to be the ‘real OGs’ of the turkey giveaway. It’s been an annual tradit...

Dedicated mountain bikers and anyone who’s ever wanted to give it a try, you’re in for a treat. On November 19, from 2-5PM, RideBHM opens, bringing mountain biking to the masses. We got a sneak preview, so keep reading for all the details.  Back in March 2022, we...

Just dropping this here to recognize Chip on his Birmingham Business Journal's "Who's Who in CRE"!Just look at all those designations y'all. It means Chip knows a thing or two about commercial real estate.

Emile Hughes, one of our commercial agents here at Watts Realty, has started a new venture called Ride Resorts. It's a mountain biking park development setting out to make the sport accessible to people of all skill levels and provides something beyond the average bike trail ...

According to Chip Watts, president of Watts Realty Co., three major areas revolving around “uncontrollable expenses” are impacting rents in the Birmingham market. This includes comparative sales increases causing property taxes to rise and be recouped through increase...

Please be safe out there & understand how the 20 degree rule works for your home’s air conditioning!! As a simple role of thumb, your AC can only keep your home 20 degrees cooler than the outside air temp - expect your home to only cool down to 75-80 degrees this upcomi...

Have you heard? People outside of Birmingham enjoy what this city has to offer.So much so that one of the worlds most elite travel magazines listed Birmingham, Alabama as one of the top places to travel in the world for 2022. INTHEWORLD!    https://www.cntrave...

When students graduate from a new kind of school in Birmingham, Alabama, at the age of 20 or 21, they could end up owning a house.The program, called Build UP (Urban Prosperity) Birmingham, is unlike any other school in the country. Low-income ninth-graders enter to earn a high s...