As we approach 2025, there’s plenty to be optimistic about in the Huntsville area, especially in terms of the local economy and real estate market. Several factors suggest that home prices could see significant growth in the coming year, with both national and local trends aligning to create a favorable environment for sellers and potential […]
It’s an election year, so there’s a lot of ideas and promises floating around to garner votes and win an election. This election cycle includes the highly refuted idea of rent control. On one hand, if you’re a renter, rent (and the price of everything) is out of control. Back before the Fed got involved […]
As part of the proposed $418M settlement to the NAR lawsuit, there’s going to be a few changes for both buyers and sellers in the TN Valley. The first big change is that buyer agreements are now required before viewing a home. It’s always been a requirement to go over a RECAD disclosure (even though […]
Accessory Dwelling Units (ADUs), have been a hot topic to help solve the national housing supply crisis of approximately 6 million homes. Housing supply is not easily fixed as it would likely take at least a decade to bridge the gap, assuming we were building at the right pace, which we are not. So with […]
Recently, I took my car to get cleaned at a local car wash company in town. The logo on my car sparked a conversation with a young kid checking me in. He wanted to tell me that he was a real estate investor and wholesaler and told me about his recent “deal.” He said unfortunately […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
One of the key drivers to Huntsville’s recent success in being named the best city to live in the US has been attracting young people to relocate to Huntsville. Huntsville has historically made the list of best places to raise a family, but to continue to grow as a city, it had to find ways […]
With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]
Huntsville, AL has been a media favorite from US News and World Report, Southern Living, Money Magazine, and the Wall Street Journal. A common thread amongst these reports has been the uncanny affordability of homes within our city. A few years ago, you could purchase a nice starter home in one of the area’s best […]
