The Huntsville Area Association of Realtors (HAAR) has released its monthly report for March 2024. The total number of homes sold in Huntsville/Madison County declined from the previous year, down to 536 from 651 in March 2023. Madison County saw 1107 pending sales in March, which is up from 1049 the previous year. At the […]
The Missile Defense Agency (MDA) has chosen Lockheed Martin [NYSE: LMT] to lead the development and deployment of the Next Generation Interceptor (NGI). The multiyear contract is worth a reported $17 billion. As the prime contractor for the NGI project, Lockheed Martin will deliver the the Ground-based Midcourse Defense (GMD) system. The NGI, equipped with […]
Buffalo Rock Company, the nation’s largest single-family, privately-owned Pepsi® and Keurig Dr Pepper® bottler, has been recognized as Beverage Industry’s 2024 Bottler of the Year. This award highlights Buffalo Rock’s dedication to maintaining high standards in beverage production and distribution. Serving regions across Alabama, western Georgia, and the Florida panhandle, the company is synonymous with […]
In a response to the pressing issue of homelessness, the Huntsville City Council has approved two significant initiatives aimed at providing safe, affordable housing and critical support services to vulnerable populations within the community. The first initiative involves the approval of a project to construct a 42-unit multi-family development on Venona Avenue, utilizing funds partially […]
Following his service in the U.S. Airforce (USAF), Shawn Cooper, CEO of Cooper Financial Group (CFG), turned his attention to pursuing an advanced education, eventually beginning a new career in cost reduction for other veteran-owned businesses. Having ended his career as a heavy equipment operator for the USAF in 2005, Cooper set his focus on […]
With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]
The National Geospatial-Intelligence Agency (NGA) hosted the 2024 GeoResilience Summit at the Jackson Center this Thursday, April 04, in collaboration with GEOHuntsville, a local nonprofit. The event included geospatial intelligence panels, a career fair, and networking opportunities for geo-imaging and intelligence professionals. The event ended with a presentation of $3K in GEOHuntsville scholarships to local […]
“AI Talks” is a series from the Huntsville Business Journal on Artificial Intelligence and its applicability to the world of business. Each month, HBJ plans on bringing you interesting topics led by our contributing expert writer, Carl Holden. This has also introduced another “writer” to our journal: Artificial Intelligence itself. Using Chat Generative Pre-trained Transformer (ChatGPT), […]
The Alabama Association of Realtors (AAR) released its Economic and Real Estate Report for February of 2024. Home sales across the state numbered 4,710 for the month of February. This not only marks a 0.5% increase from January, but it also bucks the historical trend of housing sales lagging in February. An increase in sales […]
During its March 28 session, the Huntsville City Council rendered decisions regarding millions in road improvement funding, crucial connections to improve traffic flow, and continued to prioritize the development of art and culture. $4.5M Slaughter Road improvements The Council empowered the mayor to enter a memorandum of understanding between Huntsville, the City of Madison, and […]
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