The city of Huntsville will hold its next Municipal Election on Tuesday, August 27. Voters in Districts 1 and 5 will have the opportunity to vote for their City Council and School Board candidates of choice. As the sole candidate for mayor, Tommy Battle was declared the winner at the City Council meeting held on […]
Recently, I took my car to get cleaned at a local car wash company in town. The logo on my car sparked a conversation with a young kid checking me in. He wanted to tell me that he was a real estate investor and wholesaler and told me about his recent “deal.” He said unfortunately […]
The June Mortgage Monitor Report released by the Intercontinental Exchange (ICE) shows that many of the Southern real estate markets, which saw a boom during the Covid-19 Pandemic, have begun to bust as the pace of buying has slowed and surplus inventory reaches or even exceeds pre-pandemic levels. Austin, Texas, for example, saw a 0.25% […]
On Wednesday June 26, Shape Corp. celebrated the grand opening of its second facility in Alabama with a ribbon-cutting ceremony that took place at the company’s new 202,306 sq. ft. location in Southpoint Industrial Park. In addition to the new facility, the ceremony was also held to celebrate 50 years in business for the Michigan-based, […]
The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024. The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]
Secretary of State Wes Allen spoke to issues of voting integrity, high voting registration rates, and referenced what he called “spiritual warfare” in an address to the Madison County Republican Men’s Club at Trinity United Methodist Church on Saturday. Allen began by acknowledging the difficulties faced by blue collar workers and stated his commitment to […]
The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%. Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
City of Madison Mayor Paul Finley delivered a comprehensive State of the City address at the Von Braun Center’s Saturn Ballroom on Wednesday, June 5th. In his speech, he provided an update on the city’s growth, achievements, and future plans, emphasizing the importance of collaboration, transparency, and responsible governance. Mayor Finley began his address by […]
All of the standard metrics, including job numbers, unemployment, GDP, the stock market, and cooling inflation, indicate that our economy is moving in the right direction and at a much faster clip than any experts had previously predicted. In fact, a few short years ago, economists were almost unanimously predicting a severe economic crash as […]
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