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 […]
The Huntsville Area Association of Realtors’ (HAAR) Economic Report for Q1 2022 illustrates the rapid inflation that has hit all aspects of American economic life. The rate of inflation hit 8% in March, a four-fold increase since that month the previous year. With the 8% inflation rate far outstripping the approximately 2% increase in median […]
Local Huntsville company Exigent, a wholly-owned subsidiary of AI-specialist company Arcarithm, has announced a partnership with United Safety and Survivability Corporation to produce its proprietary security technology for widespread distribution. The Exigent-GR system utilizes Artificial Intelligence technology linked to cameras to scan locations for firearms, enabling swift detection and alert for weapons. Computational networks analyze […]
The Huntsville Area Association of Realtors has released real estate statistics for the month of June. In tandem with Realtor.com’s recent survey of the national market, these latest reports confirm that, with the pandemic conditions mitigated and new sellers entering the market, the inventory of single-family homes listed for sale in Madison County has more […]
The HudsonAlpha Institute for Biotechnology, located in Huntsville’s Cummings Research Park, has a new resident – Everbloom Health, Incorporated, manufacturers of food products aimed towards those with medical dietary needs. Everbloom’s dietary portfolio emphasizes the importance of barley as a foundational grain. People suffering from ailments of the kidneys are typically ordered to restrict the […]
