Real Estate Update: Sales continue to rise despite drop in new listings

The Huntsville Area Association of Realtors (HAAR) has compiled its report for the Huntsville/Madison County real estate market, dated to the last week of July.  New listings for single-family units decreased by 17.4%, even as inventory increased 14.2% for that same period. With sales continuing their modest rise – a 0.4% increase in this instance […]

City of Huntsville chosen to host global event for the first time

To kick off an exciting and busy week here in Huntsville, Mayor Tommy Battle announced a unique global sporting event that city will play host to in 2026.  Over the past few years, Huntsville has garnered national and global attention with the ever-growing sports industry that is burgeoning in Madison County. In the past year […]

August City Council President’s Forum addresses economic growth by city area

On August 1, at 4 p.m., the Huntsville City Council President sat down with a panel of guests representing business resources in Huntsville to raise public awareness of and help facilitate economic growth in Huntsville. This economic discussion was the August installment of the Your City, Your Huntsville City Council President’s Forum, hosted by City […]

Real Estate Update: NAR Declares Housing Recession Over

Real estate reports for the month of June have been released, and the expert prognosis is that the worst is behind us.  “The recovery has not taken place, but the housing recession is over,” announced Lawrence Yun, the Chief Economist of the National Association of Realtors. “The presence of multiple offers implies that housing demand […]

Kömmerling USA Announces Expansion in Huntsville, Adds Additional Jobs

HUNTSVILLE, AL – Kömmerling USA, located in Chase Industrial Park in Huntsville, has announced an expansion and additional jobs for the local facility.  Kömmerling’s Huntsville plant will add two new production lines to manufacture window and door profiles. The company currently makes these products elsewhere, including Germany, and this expansion will allow the team to make […]

UES Expands Geotechnical Expertise into Huntsville with Acquisition of GEO Solutions

UES, a national leading engineering and consulting company, has acquired GEO Solutions, a full-service geotechnical engineering, environmental consulting, and materials testing company headquartered in Huntsville, Alabama. Founded in 2003 by Brian Cook and William Kennard, P.E., the GEO Solutions team has completed thousands of projects throughout the southeast in both the private and public sectors. “We’re […]

Interest Rates Unlikely To Return To 3% Anytime Soon

Current homeowners hoping to sell, who are holding back in the hopes of soon re-entering the housing market with the sort of super-low interest rates seen during the pandemic are likely to be disappointed, according to the National Association of Realtors.  “One can never truly predict the future, but I don’t see mortgage rates returning […]

GE Appliances Highlights $1.1 Billion in Economic Impact in 2022 Report

 GE Appliances, a Haier company, issued its 2022 Economic Impact highlighting the $24.5 billion contribution made by the company’s economic activities to the U.S. gross domestic product (GDP). The effect on GDP was made possible by cumulative impact of more than $2 billion in investments and the hiring of 4,000 new employees at the company’s operations […]

Housing Price Increase Slows Nationwide, Banks Losing Money on Mortgages

The rate of increase for the national median price of a home has slowed to a rate that hasn’t been seen since 2016. According to Realtor.com, the month-to-month median rose 2.56% in May, an increase of 0.9% relative to May of 2021.  Here in Madison County, the median sale price continued to slide under the […]

United Real Estate Announces Second North Alabama Expansion

United Real Estate has made another move to solidify their foothold in the growing Huntsville Metro becoming a top three brokerage in the area in the process. On Tuesday it was announced that United’s Leading Edge Real Estate Group and Revolved Realty have merged operations.  Leading Edge was the first local real estate operation that […]