The residential real estate market is currently in a state of impasse between buyers and sellers, as the nation waits for an expected Federal Reserve interest rate cut in September. According to Realtor.com economist Jiayi Xu, the combination of high prices and interest rates in the high 6% range is suppressing demand. In response, many […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the Huntsville/Madison County market for the month of July. The report shows that closed sales in all properties have dipped by 8.7% from July of 2024, and the median sales price in all properties has seen a 1.8% decrease as well. The […]
The Huntsville/Madison County residential real estate market continues to hold steady, with the Huntsville Area Association of Realtors (HAAR) weekly report for the week ending July 5 showing modest increases in pending sales and inventory for single-family homes, while townhouse units saw a slight downturn. In the week reported, pending sales of single-family homes increased […]
The Alabama Association of Realtors’ monthly report for April of 2024 showed month-over-month declines in home sales across Alabama—down 6.8%—and a 2.2% decrease in the median price from March, but year-over-year figures for the month of April show improvements over the course of the year. Home sales across the state showed a 10.8% year-over-year improvement, […]
The Huntsville Area Association of Realtors’ (HAAR) Weekly Market Report, dated the last week of March 2025, shows that Huntsville’s real estate market has experienced a demand divergence between single-family units and townhouse/condo units. Single-family units saw a 53.9% increase in new listings posted during that week, while pending sales increased 19.8%, for a total […]
The National Association of Realtors (NAR) has reported that, across the United States, pending sales of residential units has declined 4.6% on a month-by-month basis, and 5.2% on a year-over-year basis. Of the four regions of the United States, only the Northeast saw a slight increase in pending sales on a month-to-month basis, while all […]
Reports from the month of December have shown that the residential real estate market has been stronger than most winter seasons, with the local market here in Huntsville/Madison County a bit more brisk than the national norm. According to reports from the Huntsville Area Association of Realtors (HAAR), there were 622 homes sold in December […]
As we prepare for 2025, there are many strategies that savvy investors and earners can use to make the most of their tax savings and minimize the tax liabilities that they will owe over the coming year. Standard or Itemized Deductions? An important aspect of preparing for the new tax year is deciding whether to […]
The winter holiday season has always been a time for communities and individuals to come together and aid those most in need. Not only is charitable giving a benefit in and of itself, but charitable donations to exempt organizations can also lower the taxable income for your household. Federal tax deductions are generally capped at […]
The National Association of Realtors (NAR) hosted its annual Forecast Summit, with NAR Chief Economist Lawrence Yun heading the online panel and presentation. The first point to take from the discussion is that experts believe mortgage rates will hover around the same level as they are currently throughout 2025. Yun cited the national deficit as […]
