We’ve all been watching as inflation has risen, with interest rates growing alongside. To better understand what this means for the Huntsville real estate market, the Huntsville Business Journal sat down with Chris Hulser, the incoming President-Elect of the Huntsville Area Association of Realtors (HAAR). A realtor since 2008, Husler will be assuming the Presidency […]
Industry and community leaders met at J.F. Drake State Technical and Community College last week to celebrate the announcement of a new manufacturing center to be constructed on campus. Developed in partnership with NASA, the planned facility will teach students the technical skills needed to manufacture advanced materials, components, and machines. Applications for the center […]
The Huntsville Area Association of Realtors has released its monthly report for the month of August, 2022. Madison County homes spent an average of 11 days on the market, a stark contrast to the national average of 42 days. Despite the continued quick pace of sales in the county, Madison County experienced a 100% increase […]
On Wednesday, Huntsville Mayor Tommy Battle met with Lisa DeFalco, founder and CEO of TPG Telemanagement Incorporated, for a ribbon-cutting ceremony to dedicate the firm’s Huntsville branch. TPG specializes in the development of Artificial Intelligence solutions for customer experience analytics. The company’s proprietary AI platform, named Anna, is capable of understanding dialogue intent and semantics […]
The Corporate Office Properties Trust (COPT) has announced the construction of a new 5-story, 131,000 square foot office building at Huntsville’s Redstone Gateway. COPT, a privately traded real estate company, partnered with the Montgomery-based Jim Wilson & Associates (JWA) to undertake the further development of the area to meet the needs of contractors working for […]
This entry of the Huntsville Business Journal’s Real Estate Update takes a step back from the residential real estate market in order to take a look at developments in commercial real estate. The August 2022 report from Alignable, the nationwide small business online network company, shows a record-breaking 40% of small businesses nationally being unable […]
The Huntsville Area Association of Realtors’ (HAAR) report for the month of July has been released. These figures suggest that the reverberations of the pandemic disruptions to the residential real estate market have largely settled out. 802 homes sold in Madison County last month, down from 930 sold in July of 2021, and even a […]
Students returned to Drake State Community and Technical College this week, to be greeted with a slick new logo. The logo, a swirling, open, capitalized letter ‘D’ in two shades of blue, set upon a white field, set upon a two-toned blue field, on the standard heater-shaped shield, can be seen on shirts, billboard advertisements, […]
The Huntsville Area Association of Realtors has released its Q2 report for the year of 2022. This report illustrates continuing trends in the price, inventory, and average sale time of residential real estate properties in Madison County. The overall inventory of homes for sale rose 125% in Q2 2022, with the lion’s share of those […]
A claim, put forward by Yahoo Finance in April and further analyzed on AL.com last month, suggested that the average price of a home in Huntsville could reach a million dollars by 2030. Seems a bit steep, doesn’t it? And yet, this future may not be as outlandish as it appears at first glance. Gabrielle […]
