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 […]

Signature Aviation Hosts Groundbreaking for Brand New FBO in Huntsville

Signature Aviation, the world’s largest private aviation terminal operator, proudly announced the commencement of construction on its Fixed Base Operator (FBO) facility at Huntsville International Airport (HSV) on June 13 with a groundbreaking ceremony. This occasion marked a significant milestone in Signature Aviation’s commitment to providing services to the aviation community and solidifies its partnership […]

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 […]

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 […]

Bank Independent Hosts Block Party to Kick Off Newly Opened Downtown Location

Bank Independent let their presence be heard and felt through downtown Huntsville on Tuesday, June 13 as hundreds gathered in the streets to witness the grand opening of the bank’s newest location.  Bank Independent and Prince Holdings, who partnered on the development project, celebrated the 225 Holmes Avenue with live music, free swag for everyone […]

University of Alabama System to reinstate tuition freeze, includes UA Huntsville

The University of Alabama System Board of Trustees has recently made the decision that they will not increase tuition for Alabama residents for the 2023-2024 academic year at any of its three doctoral research institutions – The University of Alabama (UA), The University of Alabama at Birmingham (UAB) and The University of Alabama in Huntsville […]

Governor Ivey addresses Huntsville-Madison County via video for 2023 Alabama Update

Alabama Governor Kay Ivey addressed guests of the Huntsville/Madison Chamber of Commerce by video on Thursday after problems with her state airplane rendered her unable to make her scheduled appearance for the 2023 Alabama Update.  Along with the short video provided by Ivey, State Finance Director Bill Poole addressed the sold-out crowd in the Governor’s […]

Inventory increase indicates potential thaw in market for the future

Realtor.com has released its monthly national survey of the state of the real estate market for the month of May.  Inventory has increased by 21.5% from May of last year, continuing to build off of the 48.3% year-over-year increase from April. 42 of the 50 largest metro markets have seen their inventory increase this past […]