Entries by Marie Johnson

HAAR Releases May Monthly Report

The Huntsville Area Association of Realtors (HAAR) has released their monthly report on the state of the local residential real estate market, analyzing sales in Huntsville-Madison County for the month of May.  Homes continued the trend of staying on the market much longer than the previous year, with homes spending an average of 34 days […]

Real Estate Update Special Edition: Advice for Prospective Homeowners

For National Homeownership Month held in June, the Huntsville Business Journal asked the Huntsville Area Association of Realtors (HAAR) about what would-be homeowners can do to navigate the current market conditions, and make the best financial decisions for their households.  But before getting into those tips, HAAR President Chris Hulser offered some insights as to […]

Madison County Tourism Impact Exceeds $2 Billion

The Alabama Tourism Department released its 2022 Alabama Tourism Economic Report, which shows that the travel and tourism industry in Madison County has surpassed previous estimates and brought in $2.1 billion dollars in tourism revenue.  This represents a 20% increase of the 2021 figures.  With a record 3.9 million visitors in 2022, Madison County became […]

Land Trust of North Alabama, NASA Partner for Applied Science

It’s hardly a secret that Huntsville’s fortunes are closely tied to NASA projects; we’re not called “Rocket City” for nothing, after all!  Yet for all of the wonder and spectacle of the rockets and missiles developed here, it is the Earth Systems Science that NASA conducts that can empower city and state officials to make […]

May, June Best Months for Selling Homes

Analysis from ATTOM Data Solution shows that, nationally, May has historically been the best month for selling a home, with an average premium of 12.8% above list price when selling during that month. June is the second-highest average month for home sellers, with an average premium of 10.7%.  With that said, statistics compiled by the […]

PARCA Releases Report on Online Sales Tax

The Public Affairs Research Council Alabama (PARCA) has released a report analyzing the impact of Alabama’s Simplified Sellers Use Tax (SSUT).  Since the law’s implementation in 2015, the SSUT has imposed an 8% tax – roughly equivalent to the state’s sales tax traditionally imposed on brick-and-mortar stores within the state – on online goods sold […]