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 […]
Huntsville’s downtown square has always been centered by the Madison County Courthouse. That will no longer be true once a site has been determined to build a new courthouse. And while the destination for the new building that will replace an outdated courthouse that was built in 1964 has not been decided, one thing is […]
The planned construction of a new urban center on the vacant 13-acre site where the Coca-Cola bottling plant once sat in Downtown Huntsville is still a go, albeit under a different agreement between the city and the developer. Shane Davis, Director of Economic and Urban Development, presented an amendment to an already approved deal between […]
With numerous economic experts predicting that the U.S. is headed toward recession, one of the many concerning signals is a sharp decline in labor productivity. After more than a decade of below-average productivity growth, the COVID-19 pandemic raised the prospect of a productivity boom. Many low-productivity jobs were eliminated early in the pandemic, while major infrastructure investments and the accelerated adoption of […]
The genesis of Huntsville’s master plan came during Mayor Tommy Battle’s second term in 2014 when the city was the third largest in Alabama. In 2018, the mayor’s office unveiled The BIG Picture master plan at a time when the city had grown into the state’s second largest. Four years later, with Huntsville now the […]
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 […]
A financial tool used to provide millions of dollars toward school improvements and job creation will retire in August, two years ahead of projection and nine years before its required closing. On Wednesday, Huntsville Mayor Tommy Battle announced that the City of Huntsville will soon make its last bond payment to close a tax increment […]
MADISON, AL – Capstone Building Corp., a premier general contractor based in Birmingham, Alabama, along with Pennrose-BLOC, LLC, a collaboration of Pennrose, LLC and BLOC Global Development Group, LLC, has recently announced the completion of Stoneridge Villas Phase II. This $10.5 million phase is an affordable apartment community for adults 55 and over, conveniently located […]
The past couple of years have changed the local business landscape, with many small business owners shuttering their businesses for various reasons. It goes without saying that running a small business is not a job for the faint of heart given the long hours, challenges requiring a large toolbox of business skills, and unexpected expenses. […]
In the heated residential real estate market of the last two years, one factor contributing to fierce competition and rising prices has been real estate investors. While many prospective homebuyers were drawn into the market with historically low interest rates and strong savings and investment returns, they have frequently found themselves outbid by corporate landlords […]
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