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, 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 […]
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 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, 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 […]
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 […]
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 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 […]
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 […]
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 […]
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